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

Because Oswald Assassinated JFK!
November 22, 2016


Fifty-three years ago today, November 22, 1963, Lee Harvey Oswald assassinated John F Kennedy.


Because Lee Harvey Oswald assassinated John F Kennedy, The United States of America is now operating "The Ultimate Government Fraud".


By deferring $104.2 Trillion of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans the U.S. Government has given the current Americans $104.2 Trillion. However, the future Americans cannot pay a single penny of these deferred public liabilities so the money given to the current Americans is just monopoly money, I call it imaginary-counterfeit money (See The Concept of Imaginary-Counterfeit Money).


This is fraud! This is a $104.2 Trillion Fraud!


The U.S. Government is operating a Ponzi scheme, that I call USAPonzi, that is making the U.S. upper class filthy rich by undertaxing them (See Getting Rich from U.S. Government Fraud), is making many of the senior officials of the U.S. Government filthy rich (See The Clinton Fraud), is allowing the current Americans to buy stuff they cannot afford (See Filling the Planet with Junk), is cheating the Common Man by not properly funding the government benefit promises the U.S. Government has made, and is cheating the rest of the planet by allowing the current Americans to buy their stuff with this monopoly money. $104.2 Trillion of monopoly money can buy a lot of stuff!



National Debt  $19.9 Trillion 
Cash Deficit in FY2017  $0.59 Trillion 
GAAP Deficit in FY2017  $5.67 Trillion 
US Unfunded Future Liabilities  $84.3 Trillion 
US Unfunded Liabilities (GAAP)  $104.2 Trillion 
Imaginary-Counterfeit Money  $104.2 Trillion 
Total National Assets  $124.1 Trillion 

Source: www.usdebtclock.org November 22, 2016


Because Lee Harvey Oswald assassinated John F Kennedy, Lyndon Baines Johnson became President of the United States.


Because Lyndon Baines Johnson became President, this got a scoundrel into the White House.


Because Lyndon Baines Johnson pursued the Vietnam War vigorously, this created a significant "Vietnam War Debt".


Because Lyndon Baines Johnson wanted to pay for the "Vietnam War Debt" and "claim" that he left office with a balanced budget, he proposed that Congress approve the "Unified Budget", this has allowed the U.S. Government to spend the money in the social benefit trust funds on general operating expenses.


Because the U.S. Government can spend the money in the social benefit trust funds on general operating expenses, this has allowed the U.S. Government to become much larger than the U.S. taxpayer can afford.


Because the U.S. Congress approved the "Unified Budget", this has allowed the U.S. Government to continue to operate with Cash Accounting.


Because the U.S. Government continued to operate with Cash Accounting, this has allowed the U.S. Government to not have to report the fact that it was not collecting the tax revenue required to properly fund the future government benefit promises the U.S. Government has made.


Because the current Americans do not have to pay for all of the current period operating expenses or pay for the future social benefit promises the U.S. Government has made, this has allowed the U.S. upper class to become filty rich, this has allowed the U.S. Government to overpay itself, and this has allowed the current Americans to buy a lot of stuff they really cannot afford.


Because the U.S. Government is knowingly and willingly releasing monopoly money into the global economy and financial system with GAAP basis deficit spending, The Senior U.S. Government Officials are Criminals.


The U.S. Congress has ignored my Whistleblower letter informing them of this fraud that I sent to each member of Congress, with one exception; Randy Neugebauer (R-TX-19) who sent me a written response acknowledging the debt and deficit problem.


Because the Securities and Exchange Commission has ignored my 12 Whistleblower letters informing them of this fraud, the SEC is now a co-conspirator in this U.S. Government fraud.


Because the U.S. Supreme Court has ignored both of my Whistleblower letters informing them of this fraud, the U.S. Supreme Court is now a co-conspirator in this U.S. Government fraud.


Because "The Wall Street Journal", "The New York Times", and "The Dallas Morning News" have chosen to not publish my Op-Eds that expose this fraud, they are now co-conspirators in this U.S. Government fraud!


This sequence of events has produced USAPonzi "The Biggest Ponzi Scheme on the Planet" which is "The Ultimate Government Fraud". USAPonzi is now a $104.2 Trillion fraud and is growing by $15.5 Billion every day.


Lee Harvey Oswald, by assassinating JFK, set off a sequence of events that has produced "The Ultimate Government Fraud"!


This fraud is explained in CliffsNotes format (USAPonzi CliffsNotes) and is also explained in much more detail on my website www.usaponzi.com and in my book “USAPonzi” which is available on Amazon in Kindle and Paperback formats and on my website in PDF format.