CEO Pay and Stock buybacks by Fraud 200520
May 20, 2020
Emailed to The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 5/20/20
I am a Whistleblower! The U.S. Government is corrupt!
The corrupt U.S. Government is using fraudulently accounting to enrich the rich and cheat the unrich!
The corrupt U.S. Government is printing counterfeit money, so far $147.6 Trillion, to enrich the rich and so Americans can buy stuff with money that has been fraudulently borrowed from the future Americans (US Unfunded Liabilities (GAAP) = $147.6 Trillion)!
The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of borrowing an infinite amount of money, I call it imaginary-counterfeit money, from the future Americans and giving it to the U.S. upper class! The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting!
When we can spend $147.6 Trillion of counterfeit money to buy stuff, many companies can appear to be very profitable, the CEOs can appear to be very smart, and can appear to deserve a big paycheck!
This is why the CEOs can appear to be paid several hundred times what the average employee is being paid! The corrupt U.S. Government has stacked the deck in favor of the U.S. upper class and screwed the U.S. general public!
The U.S. general public is going to be "MAD AS HELL" when they find out that the corrupt U.S. Government has been cheating them for the last 51 years!
This is why many companies buyback their own stock, the corrupt U.S. Government is printing counterfeit money, so far $147.6 Trillion, to make these companies appear to be wildly successful and generate so much counterfeit cash on their balance sheets that they can claim to do the smart thing and buyback their own stock!
The corrupt U.S. Government has enriched the U.S. upper class by $147.6 Trillion by fraudulently borrowing $147.6 Trillion from the future Americans by not accruing for future benefit promises!.
The corrupt U.S. Government has cheated the U.S. general public out of $122.3 Trillion by promising future benefits but not accruing for them!
This has fraudulently made the senior management of most companies very rich!
This has made many companies so flush with counterfeit cash that they can buyback their own stock to further enrich themselves and their investors!
The corrupt U.S. Government is using "smoke and mirrors" to enrich the rich and cheat the unrich!
The following are links to my whistleblower letters to Planet Earth and the U.S. Congress in an attempt to expose this fraud and corruption within the U.S. Government!
Whistleblower Letter #1 to Planet Earth
Whistleblower Letter #5 to the U.S. Congress
|US National Debt
|Cash Deficit in FY2020
|*GAAP Deficit in FY2020
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org May 20, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP). US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020, therefore the GAAP Deficit in FY2020 will be >$21.5 Trillion ($147.6T-$126.1T=$21.5T).
I have written two websites (USAPonzi.com and USAPonzi.net) and eight books that explain this fraud and the impact it is having on Planet Earth! My seventh book (USAPonziD) is available on Amazon. Amazon has decided not to publish my eighth book (USAPonziE) since most of the content is available on my websites and in my earlier books! The reader can download my latest book (USAPonziE) most conveniently from my USAPonzi.net website.
John W. White