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

Escalating War and Terror by 10X+ 181228
December 28, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Van Taylor, Congressman Colin Allred, Senator John Cornyn, Senator Ted Cruz, and Dallas Mayor Mike Rawlings 12/29/18


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 how the U.S. Government is committing a fiscal and accounting fraud that is “Escalating War and Terror by more than 10X!


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!


Escalating War and Terror by 10X+ 181228
December 28, 2018


Creating an infinite number of guns and bombs!


The U.S. Government has fraudulently borrowed $116.1 Trillion from the future Americans to:


enrich the elite,
cheat the common man,
cheat the rest of the planet,
build the planet's biggest ever military arsenal,
and destroy planet earth!


But there is one small problem with the current U.S. Government fiscal policy!


The future Americans do not have $116.1 Trillion!


The U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that has produced dramatic but counterfeit wealth and prosperity in the United States of America! The U.S. Government is not operating its fiscal policy with the proper and Generally Accepted Accounting Principles (GAAP Accounting)!


Because of this Ponzi scheme fiscal policy, the U.S. Government has fraudulently borrowed $116.1 Trillion from the future Americans and given it to the U.S. upper class! This fraud has made the U.S. upper class filthy rich, has caused the U.S. GDP to skyrocket, and has given the U.S. Government trillions of dollars to fraudulently buy and build guns and bombs!


This fiscal and accounting fraud is providing trillions of dollars for U.S. guns and bombs but it is also providing billions and even trillions of dollars for our friends and our foes to buy and build guns and bombs!


If the U.S. Government was telling the truth by using honest accounting, we would have dramatically less warring and terrorism!


The U.S. Government could be buying and building as much as 10X or more guns and bombs than we can honestly pay for and this number of guns and bombs is increasing exponentially! $116.1 Trillion can buy and build a lot of stuff, including a lot of guns and bombs!


The U.S. Government is printing counterfeit money, I call it imaginary-counterfeit money, by fraudulently borrowing it from the future Americans that we are using to buy and build everything under the sun including guns and bombs! The U.S. Government has fraudulently borrowed $116.1 Trillion of imaginary-counterfeit money from the future Americans so it can buy and build a lot of guns and bombs!


We like to think that the United States is the Global Policeman but we are actually the Global Bully by fraudulently borrowing $116.1 Trillion of imaginary-counterfeit money from the future Americans so that the United States of America can buy and build more bombs and guns than anybody else!


The entire planet is buying and building an outrageous number of guns and bombs because the corrupt and criminal U.S. Government is fraudulently borrowing money from the future Americans, money the future Americans do not have, so the United States, our friends, and our foes can all buy and build guns and bombs with $116.1 Trillion of imaginary-counterfeit money!


This fiscal and accounting fraud is also producing enough imaginary-counterfeit money so that John/Jane Doe in America can buy his/her own personal arsenal to reign terror on the citizens of America for which he/she may hold a grudge!


The use of proper GAAP Accounting would provide a huge measure of natural gun control that the U.S. Government talks about but refuses to take action on!


Printing an infinite amount of imaginary-counterfeit money causes severe distortion financially, economically, socially, politically, and militarily! The relationship between labor and capital gets “out of whack” very quickly when the U.S. Government prints an exponentially increasing amount of imaginary-counterfeit money every day and gives it to the U.S. upper class by undertaxing them!


This accounting fraud has printed $116.1 Trillion of imaginary-counterfeit money and is printing $16.6 Billion more every day! This accounting fraud has created hundreds of imaginary billionaires, millions of imaginary millionaires, and tens of millions of people that are fraudulently rich enough to acquire a personal arsenal that can attack hundreds of people!


This accounting fraud is also causing enough anger, by enriching the U.S. upper class and cheating the U.S. general public, that more and more of the oppressed U.S. general public will use this imaginary-counterfeit money, so far $116.1 Trillion, to acquire their own personal arsenal of guns and bombs to terrorize innocent citizens and to attack the ruling class that they rightfully view as their oppressors!


I contend that this accounting fraud is also what is angering the global terrorists; they resent the opulence in America that has been produced by this accounting fraud that ironically is also providing the money to finance their terrorist activities!


This accounting fraud is in the process of creating an infinite amount of imaginary-counterfeit money that can buy and build an infinite number of guns and bombs!


USAPonzi is a $116.1 Trillion fraud that is growing by $16.6 Billion a day!


The U.S. Government is borrowing money, $16.6 Billion a day, from the future Americans, money that the future Americans do not have, and giving it to the U.S. upper class!


The U.S. Government is corrupt!


The senior officials of the U.S. Government are common criminals that have committed a $116.1 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 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 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 ($116.1 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  $6.07 Trillion 
US Unfunded Future Liabilities  $94.2 Trillion 
US Unfunded Liabilities (GAAP)  $116.1 Trillion 
Imaginary-Counterfeit Money  $116.1 Trillion 
Total National Assets  $149.2 Trillion 

Source: www.usdebtclock.org Dec 28, 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 694 commentaries since March 29, 2013 in an attempt to explain and expose this massive U.S. Government fraud!


This is the biggest ($116.1 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