The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"                     USAPonzi                                      by John W. White   Mar 29, 2013

America is cheating Planet Earth! 180908
September 8, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 9/9/18


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post” and “The Dallas Morning News” that explains how “America is cheating Planet Earth” by committing fiscal and accounting fraud!


The “news media” has an ethical responsibility to inform the general public of how the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can “feather their own nests” and “dramatically feather the nests of their upper-class friends”.


The “news media” is aiding and abetting the corrupt and criminal U.S. Government by refusing to report this fiscal and accounting fraud!


America is cheating Planet Earth! 180908 

September 8, 2018


America is cheating Planet Earth!


America is cheating Plant Earth by printing counterfeit money and giving it to the U.S. upper class!


The
corrupt and criminal U.S. Government has printed $114.7 Trillion of imaginary-counterfeit money to give the appearance that the United States of America is the wealthiest, most prosperous, and most powerful nation on Planet Earth!


The corrupt and criminal U.S. Government is not using proper and Generally Accepted Accounting Principles (GAAP Accounting) and, as a result, is running a classic $114.7 Trillion Ponzi scheme that I have named USAPonzi!


This is a very simple fraud! Print $16.5 Billion of imaginary-counterfeit money every day, with GAAP basis deficit spending, and give it to the rich!


This fraud is cheating Planet Earth and the United States of America has become the most dominant nation on Planet Earth economically, financially, politically, and militarily simply because the U.S. Government has printed $114.7 Trillion of imaginary-counterfeit money and given it to the U.S. upper class!


This fraud is cheating Planet Earth because Americans are buying stuff from the rest of the planet with $114.7 Trillion of imaginary-counterfeit money that the corrupt and criminal U.S. Government has fraudulently borrowed from the future Americans and given to the current Americans, primarily to the U.S. upper class!


This fraud is cheating Planet Earth because the U.S. Government has purchased the most powerful military force ever assembled with imaginary-counterfeit money that has been fraudulently borrowed from the future Americans! $114.7 Trillion of imaginary-counterfeit money can buy a lot of guns and bombs!


The corrupt and criminal U.S. Government is fraudulently borrowing money from the future Americans, money that the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


This fraud is enriching the U.S. upper class by $114.7 Trillion by undertaxing them!


This fraud is cheating the U.S. general public by $93.2 Trillion because the U.S. Government is not funding the future benefit promises to the U.S. general public!


The fraud is overpaying the U.S. ruling class by $21.5 Trillion because the U.S. Government has fraudulently borrowed $21.5 Trillion from the fraudulently enriched upper class so that they can overpay themselves!


America is cheating Planet Earth by committing fiscal and accounting fraud!


The U.S. Government is corrupt!


The senior officials of the U.S. Government are common criminals that have committed a $114.7 Trillion criminal act by not operating its fiscal policy with proper accrual accounting! The senior officials of the U.S. Government are common criminals because they are direct financial beneficiaries of this massive fraud! The corrupt and criminal U.S. Government is overpaying itself with imaginary-counterfeit money!


We have 535 criminals in the U.S. Congress and an untold number of criminals in the White House!


I have sent 14 whistleblower letters to the U.S. Securities and Exchange Commission, a whistleblower letter to every member of the U.S. Congress, and 9 whistleblower letters to each member of the U.S. Supreme Court so that all three branches of the U.S. Government would be informed of this massive fraud!


I have also sent over 200 Op-Eds to the “mainstream media” in an attempt to expose this massive fraud to the citizens of Planet Earth! None of these Op-Ed candidates have been published!


This massive fraud is explained in more detail in my Open Letter to US Government, my Open Letter to Planet Earth, and my Open Letter to US General Public!


I have presented specific fraud charges against the U.S. Government in my Fraud Charges against U.S. Government commentary!


To eliminate this massive ($114.7 Trillion) fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.

 

National Debt  $21.5 Trillion 
Cash Deficit in FY2018  $0.79 Trillion 
GAAP Deficit in FY2018 
$6.04 Trillion 
US Unfunded Future Liabilities  $93.2 Trillion 
US Unfunded Liabilities (GAAP)  $114.7 Trillion 
Imaginary-Counterfeit Money 
$114.7 Trillion 
Total National Assets 

$138.1 Trillion 

Source: www.usdebtclock.org Sep 8, 2018


This fraud/Ponzi scheme (USAPonzi) is explained in much more detail on my websites www.usaponzi.net and www.usaponzi.com and in my books “USAPonzi” 11/22/15, “USAPonzi2” 5/1/17, “USAPonzi3” 2/1/18,  and “USAPonziA” 9/1/18! Each of these books have updates that I made every few days until the next book was published. I have published 650 commentaries since March 29, 2013 in an attempt to explain and expose this U.S. Government fraud!


This is the biggest ($114.7 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.


John W. White

Plano, TX