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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

American Mafia-current
October 1, 2021


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is fraudulently borrowing counterfeit money (so far $157.5 Trillion) from the future Americans and giving it to the U.S. upper class!


The U.S. Government has been operating as the American Mafia for the last 53 years by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The American Mafia is enriching the rich and cheating the unrich!


Mafia
any organized group using extortion and other criminal methods.


The U.S. Government is lying to and cheating the U.S. general public by promising future benefits to the U.S. general public but not using accrual accounting to fulfill these future benefit promises!


The U.S. Government is pretending like it can pay these future benefits without accruing the money to pay these future commitments!


The U.S. Government, by not accruing for these future benefit promises to the U.S. general public, has undertaxed and enriched the U.S. upper class!


The U.S. Government has cheated the U.S. general public out of $128.7 Trillion (US Unfunded Future Liabilities) by not funding the future benefit promises to the U.S. general public!


The U.S. Government has enriched the U.S. upper class by $157.5 Trillion (US Unfunded Liabilities (GAAP)) by not funding the future benefit promises to the U.S. general public!


The U.S. Government has used the criminal method of fiscal and accounting fraud to commit a $157.5 Trillion crime!


The U.S. Government has used the criminal method of fiscal and accounting fraud to create dramatic economic inequality in the United States of America!


The American Mafia has committed the biggest criminal act ($157.5 Trillion) in the history of Planet Earth by committing a fiscal and accounting fraud!


The American Mafia is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The American Mafia has fraudulently borrowed $157.5 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class!


The American Mafia has created dramatic economic inequality of $286.2 Trillion in the United States of America by giving the U.S. upper class $157.5 Trillion and cheating the U.S. general public out of $128.7 Trillion ($157.5T + $128.7T = $286.2T)!


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 #8 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  $28.8 Trillion 
Cash Deficit in FY2021  $3.00 Trillion 
GAAP Deficit in FY2021  $18.04 Trillion 
US Unfunded Future Liabilities  $128.7 Trillion 
US Unfunded Liabilities (GAAP)  $157.5 Trillion 
Imaginary-Counterfeit Money  $157.5 Trillion 
Total National Assets  $198.6 Trillion 

Source: www.usdebtclock.org October 1, 2021



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


I have written two websites (www.usaponzi.net and www.usaponzi.com) 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 www.usaponzi.net website.


John W. White
Plano, TX