USAPonzi-The Biggest Ponzi Scheme on the Planet-The U.S. Government

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

American Dream is a Hoax-a Malicious Lie 201228
December 28, 2020
Emailed to United Nations, Fed Chair Jay Powell, Minneapolis Fed President Neel Kashkari, Dallas Fed President Robert Kaplan, Congressman Van Taylor, Congressman Colin Allred, Senator John Cornyn, Senator Ted Cruz, The U.S. SEC, NYT/WSJ/WP/CNBC/DMN on 12/28/20

The American Dream is a hoax, a malicious lie that is being perpetrated by the corrupt U.S. Government!

American Dream
The ideal by which equality of opportunity is available to any American, allowing the highest aspirations and goals to be achieved.

The American Dream is a national ethos of the United States, the set of ideals in which freedom includes the opportunity for prosperity and success, as well as an upward social mobility for the family and children, achieved through hard work in a society with few barriers. Wikipedia

In FY1969, the U.S. Government destroyed any semblance of equal opportunity for all Americans by adopting the Unified Budget! The Unified Budget allowed the corrupt U.S. Government to promise future benefits to the U.S. general public but not tax the U.S. upper class to pay for these future benefits!

For the last 52 years, the corrupt U.S. Government has been lying to and cheating the U.S. general public by promising future benefits that it has no intention or capability to pay and has enriched the U.S. upper class by undertaxing them!

The corrupt U.S. Government is committing a fiscal and accounting fraud, by not using accrual accounting (GAAP Accounting), to enrich the U.S. upper class by cheating the U.S. general public!

This accounting fraud, I call it USAPonzi, has enriched the U.S. upper class by $156.4 Trillion (US Unfunded Liabilities (GAAP)) and underfunded the future benefits to the U.S. general public by $128.9 Trillion (US Unfunded Future Liabilities)!

The corrupt U.S. Government has created a $285.3 Trillion social injustice gap between the U.S. upper class and the U.S. general public (upper class wins ($156.4T) + general public loses ($128.9T) = social injustice gap ($285.3T))!

Does that look like equal opportunity for all??? 

The following commentaries explain this fiscal and accounting fraud that I call USAPonzi!

USAPonzi-The Great American Fraud
Whistleblower Letter #3 to U.S. General Public
Whistleblower Letter #6 to Congress

The devastating impact of this accounting fraud on Planet Earth is summarized in my Oct 1, 2020 commentary.

Quintet of Global Crises (Economy, Climate, Health, Hunger, Depression)

National Debt  $27.5 Trillion 
Cash Deficit in FY2021  $3.23 Trillion 
*GAAP Deficit in FY2021  $6.71 Trillion 
US Unfunded Future Liabilities  $128.9 Trillion 
US Unfunded Liabilities (GAAP)  $156.4 Trillion 
Imaginary-Counterfeit Money  $156.4 Trillion 
Total National Assets  $155.6 Trillion 

Source: December 28, 2020
*GAAP Deficit-current

The current fiscal policy of the corrupt U.S. Government, I call it USAPonzi, is Destroying Planet Earth!

I have written two websites ( and and eight books that explain USAPonzi and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can also be downloaded from my website.

John W. White
Plano, TX