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

Dirty Little Secret of the U.S. Government 190114
January 14, 2019
Emailed to WSJ/NYT/WP/DMN, the US SEC, Fed Chairman Jay Powell, Congressman Van Taylor, Congressman Colin Allred, Senator John Cornyn, Senator Ted Cruz, and Dallas Mayor Mike Rawlings 1/14/19


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 a “Dirty Little Secret of the U.S. Government”!


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!


Dirty Little Secret of the U.S. Government 190114
January 14, 2019


I want to tell you a “Dirty Little Secret”; the U.S. Government is printing counterfeit money, so far $122.1 Trillion, and giving it to the U.S. upper class!


Let me repeat that “Dirty Little Secret”; the U.S. Government is printing counterfeit money and giving it to the U.S. upper class! The U.S. Government has already printed $122.1 Trillion of counterfeit money and given it to the U.S. upper class!


In case you are like me and have a hard time comprehending just how much money $122.1 Trillion is, let's just agree that it must be a hell of a lot of money!


This “Dirty Little Secret” has been going on since FY1969 and it is gaining steam as time goes on!


This “Dirty Little Secret” is printing $16.7 Billion of counterfeit money every day and giving it to the U.S. upper class and the amount printed each day is tending to increase exponentially!


The U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is fraudulently borrowing money, I call it imaginary-counterfeit money, from the future Americans and giving it to the U.S. upper class!


This “Dirty Little Secret” is caused by the U.S. Government committing a fiscal and accounting fraud by not using proper GAAP Accounting (Generally Accepted Accounting Principles) to operate its fiscal policy! The U.S. Government is promising future benefits to the U.S. general public but is not accruing the money to pay for these future benefit promises!


Please do not tell anybody about this “Dirty Little Secret” because the U.S. Government does not want anyone to know about this “Dirty Little Secret”!


The U.S. Government has held this “Dirty Little Secret” close to its vest for now 49 years so the U.S. Government certainly does not want anybody to find out about it now!


This “Dirty Little Secret” has made the United States of America the richest and most powerful country on the planet but please do not tell anyone because the U.S. Government wants the planet to think that America is extraordinary because we are smarter and we work harder!


This “Dirty Little Secret” has made the U.S. upper class really, really rich but please do not tell anyone that Americans are getting richer and richer because the U.S. Government is printing counterfeit money!


This “Dirty Little Secret” has made the U.S. ruling class rich but please do not tell anyone that the U.S. Government is printing counterfeit money so they can overpay themselves!


This “Dirty Little Secret” has let Americans buy stuff from the rest of the planet without paying for it but please do not tell anyone because the U.S. Government does not want the rest of the planet to know that we are buying their stuff with monopoly money!


This “Dirty Little Secret” is cheating the U.S. general public by promising but not funding U.S. Government benefits but please do not tell anyone because the U.S. Government does not want the U.S. general public to know that they are being cheated!


This “Dirty Little Secret” is in the process of Destroying Planet Earth but please do not tell anyone because the U.S. Government wants it to be a surprise!


The U.S. Government sure does not want to let the rest of the planet know that the U.S. Government is fraudulently borrowing an infinite amount of imaginary-counterfeit money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class so we can fill Planet Earth with an infinite number of environment-polluting physical objects which are causing Global Warming that is in the process of Destroying Planet Earth!


Please do not disclose this “Dirty Little Secret” but just between you and me


The U.S. Government is corrupt!


The senior officials of the U.S. Government are common criminals that have committed a $122.1 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 300 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 US 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 ($122.1 Trillion) fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.

 

National Debt  $21.9 Trillion 
Cash Deficit in FY2019  $0.85 Trillion 
GAAP Deficit in FY2019  $6.08 Trillion 
US Unfunded Future Liabilities  $100.2 Trillion 
US Unfunded Liabilities (GAAP)  $122.1 Trillion 
Imaginary-Counterfeit Money  $122.1 Trillion 
Total National Assets  $149.6 Trillion 

Source: www.usdebtclock.org Jan 14, 2019


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 698 commentaries since March 29, 2013 in an attempt to explain and expose this massive U.S. Government fraud!


This is the biggest ($122.1 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