Ford EV Folly-Follies keep getting bigger 210928
September 28, 2021
Emailed to United Nations, Fed Chair Jay Powell, 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, NYT/WSJ/WP/CNBC/DMN on 9/28/21
Ford just announced an EV folly today that will make the Edsel folly look like a success!
Ford just announced a huge manufacturing expansion because the U.S. Government is printing an infinite amount of counterfeit money by fraudulently borrowing it from the future Americans so we can buy an infinite number of cars, trucks, airplanes, houses, etc. etc. with monopoly money!
The corrupt U.S. Government has already printed $156.6 Trillion of counterfeit money so it looks like Americans can buy a whole-hell-of-a-lot of Ford EV pickup trucks!
Ford is making a huge mistake just like many companies have be doing since 1969 when the U.S. Government started “cooking the books”! These mistakes just keep getting bigger because the U.S. Government is printing counterfeit money at an exponentially increasing rate!
The Detroit News Ford
Ford, partner to spend $11.4B on four new plants in Tennessee, Kentucky to support EVs
Jordyn Grzelewski and Riley Beggin The Detroit News
Memphis, Tennessee — In the single largest manufacturing investment in its 118-year-history, Ford Motor Co. on Monday said it and a partner will invest $11.4 billion and create 11,000 new jobs to build electric vehicles and batteries at two new, sprawling campuses in Tennessee and Kentucky.
In rural west Tennessee, Ford and battery manufacturing partner SK Innovation plan to build what would be called Blue Oval City. The massive campus would be situated on the Memphis Regional Supersite, a 6-square-mile greenfield site northeast of the city that the state of Tennessee and local officials have been working for years to prepare for large-scale development.
Ford needs these plants just about as much as it needs a hole in the head!
I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, by not operating its fiscal policy with proper accrual accounting! The corrupt U.S. Government has fraudulently borrowed $156.6 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the current Americans can buy a whole-hell-of-a-lot of cars and trucks from Ford with monopoly money!
The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting (GAAP Accounting) and as a result is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of printing an infinite amount of counterfeit money, I call it imaginary-counterfeit money, by fraudulently borrowing it from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!
The following chart gives a graphical projection of how the corrupt U.S. Government, with the current Ponzi scheme fiscal policy, could fraudulently borrow over a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans by 2041 and give it to the U.S. upper class so the current Americans can buy a whole-hell-of-a-lot-more cars and trucks from Ford with a Quadrillion dollars of imaginary-counterfeit money!
My 15th whistleblower to my congressman Van Taylor 210921 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of the corruption within the U.S. Government!
The fools on Wall Street and the fools in Ford have been fooled by the criminals in Washington! In the defense of Wall Street and Ford, the corrupt U.S. Government may have fooled itself! We do not yet know if the people in the U.S. Government are accidental fools or intentional criminals! I suggest that we have some of each but they are all criminals whether they know it or not!
|US National Debt
|Cash Deficit in FY2021
|GAAP Deficit in FY2021
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org September 28, 2021
I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain USAPonzi and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my websites in pdf format.
My commentary Fed-Asleep At The Switch 210901 gives a summary of the issues that this Ponzi scheme/accounting fraud is causing!
John W. White