Ford Stupidity 210825
August 25, 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 8/25/21
Ford is making a really stupid decision to double the production of the Ford F-150 Lightning!
Ford F-150 Lightning Production to Double Thanks to Strong Demand
A report says Ford intends to spend $850 million to double its original output goals for the electric truck because of so much interest by prospective customers.
BY ANNIE WHITE AUG 24, 2021
Reuters reports that Ford is preparing to double F-150 Lightning production for 2024 (a few years into the truck's planned life cycle). Ford had already significantly increased production plans once, based on a rush of $100 pre-orders after the truck's reveal in May 2021.
The report says Ford will spend around $850 million more than previously planned to meet the updated production targets.
This reported jump in future production comes as a global semiconductor shortage and other supplier issues have stymied Ford's production plans for much of the last year.
Ford Motor Company management, like so many other companies has been fooled by the corruption within the U.S. Government!
The corrupt U.S. Government is “cooking the books” to print $154.9 Trillion of counterfeit money so Americans think they have tons of money to buy cars, airplanes, houses, etc. etc. The corrupt U.S. Government is in the process of borrowing an infinite amount of money from the future Americans and giving it to the U.S. upper class so the current Americans can buy an infinite amount of stuff and charge it to the future Americans.
This U.S. Government fiscal and accounting fraud has already stolen a billion cars from the future Americans (See A Billion Stolen Cars) and now Ford wants to increase their production for a truck, the Ford F-150 Lightning, that only a virtual handful of people can afford! But by printing $154.9 Trillion of counterfeit money, a whole-hell-of-a-lot of people think they can afford the truck and are placing their $100 reservations for the Ford F-150 Lightning!
Planet Earth is doing some really stupid things because of the corrupt U.S. Government!
Ford Motor Company has just announced their stupid decision to build more trucks that they will most likely never be able to sell! Surely Planet Earth will have figured out this U.S. Government corruption by 2024 when this production capacity is scheduled to kick in!
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!
So far, the corrupt U.S. Government has printed $154.9 Trillion of imaginary-counterfeit money so motor vehicle manufacturers could sell more than 75 million vehicles per year worldwide for the last decade!
The accounting fraud is building so many cars, airplanes, ships, houses, etc. etc. that it is causing Global Warming!
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 over the next three decades and give it to the U.S. upper class so Planet Earth can buy a whole-hell-of-a-lot of cars and trucks with imaginary-counterfeit money!
Since $154.9 Trillion let's us build a nominal 75 million cars a year, then $2.572 Quadrillion in 2050 should let us build 16 times that many cars and trucks or about 1.2 billion cars a year by 2050!
Ford Motor Company needs to take another look at its plans for production capacity!
The corrupt U.S. Government needs to take another look at its accounting system!
In the defense of the Ford Motor Company, 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 August 25, 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.
John W. White