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

Buying Supercars with Monopoly Money! 181019
October 19, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 10/19/18


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post”, and “The Dallas Morning News” which explains why we are “Buying Supercars with Monopoly Money!


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! The
U.S. Government should be operating its fiscal policy with accrual accounting!


Buying Supercars with Monopoly Money! 181019

October 19, 2018



2018 Ford GT Coupe

Base price $450,000 (USD) (estimated)
Monthly payments $8,492/month


FORD GT PRODUCTION EXTENDED TO SATISFY EXCEPTIONAL DEMAND


$450,000 Ford GT supercar production extended by two years due to demand


Ford to produce approximately 1,350 Ford GT supercars as demand outstrips supply seven-to-one


Ford is selling a lot of these high-priced cars because the U.S. Government is corrupt! Ford is selling a lot of these high-priced cars because the U.S. Government is printing monopoly money! I call this monopoly money imaginary-counterfeit money because it does not exist (it is imaginary) and it has no value (it is counterfeit).


The corrupt and criminal U.S. Government is committing fiscal and accounting fraud by operating its fiscal policy with Cash Accounting rather than the proper GAAP Accounting! GAAP basis deficit spending by the U.S. Government prints imaginary-counterfeit money so rich Americans, and by induction, every upper class person on the planet can buy a lot of stuff they cannot afford!


The corrupt and criminal U.S. Government has already printed $115.2 Trillion of imaginary-counterfeit money and given it to the U.S. upper class and is printing $16.6 Billion more imaginary-counterfeit money every day so the rich folks can buy fancy cars and fancy houses!


The corrupt and criminal U.S. Government is not using accrual accounting and is therefore 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!


Ford is selling cars to folks that are buying them with imaginary-counterfeit money that the U.S. Government has fraudulently borrowed from the future Americans.


But the rich folks are not the only ones that are buying cars with monopoly money. People all over the planet are buying everything under the sun with the monopoly money that the corrupt and criminal U.S. Government is fraudulently borrowing from the future Americans!


We are filling up the planet with cars that are being purchased with monopoly money!


We are filling up the planet with all kinds of junk that is being purchased with monopoly money!


$115.2 Trillion of monopoly money can buy a lot of junk! And it can buy a lot of $450,000 Ford GTs!


Demand for these $450,000 Ford GTs is going up rapidly because the corrupt and criminal U.S. Government is printing an exponentially increasing amount of monopoly money!


The corrupt and criminal U.S. Government is running a massive Ponzi scheme, I call it USAPonzi, that is borrowing monopoly money from the future Americans and giving it to the current Americans by using fraudulent accounting!


The corrupt and criminal U.S. Government is fraudulently borrowing money from the future Americans to enrich the U.S. upper class because it has overpaid the U.S. ruling class by $21.6 Trillion and is tricking the U.S. general public into thinking they are going to be paid $93.6 Trillion worth of U.S. Government benefits that are unaffordable and unfunded!


Some of the U.S. upper class are able to buy $450,000 cars and $20 Million houses because the U.S. general public is getting screwed!


USAPonzi
is a $115.2 Trillion
fraud that is growing by $16.6 Billion a day!


The U.S. Government is corrupt!


The senior officials of the U.S. Government are common criminals that have committed a $115.2 Trillion criminal act by not operating the U.S. Government 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!


I have also explained this fraud to the International Monetary Fund in my Open Letter to the International Monetary Fund commentary!


To eliminate this massive ($115.2 Trillion) fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.

 

National Debt  $21.6 Trillion 
Cash Deficit in FY2019  $0.86 Trillion 
GAAP Deficit in FY2019 
$6.05 Trillion 
US Unfunded Future Liabilities  $93.6 Trillion 
US Unfunded Liabilities (GAAP)  $115.2 Trillion 
Imaginary-Counterfeit Money 
$115.2 Trillion 
Total National Assets 

$149.4 Trillion 

Source: www.usdebtclock.org Oct 19, 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 667 commentaries since March 29, 2013 in an attempt to explain and expose this massive U.S. Government fraud!


This is the biggest ($115.2 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