USAPonzi-The Biggest Ponzi Scheme on the Planet-The U.S. Government

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Foundations by US Government Fraud 210222
February 22, 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 2/22/21


In this commentary I will explain why the U.S. Government fiscal and accounting fraud that I call USAPonzi has created massive charitable private foundations for the U.S. upper class!


PHILANTHROPY DAILY  July 27, 2020
the endowment assets of America’s roughly 87,000 grantmaking foundations totaled $1.005 trillion in 2017, the most-recent year for which data are publicly available


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is committing a fiscal and accounting fraud by not operating its fiscal policy according to proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The corrupt U.S. Government has fraudulently given the U.S. upper class $159.4 Trillion!
The corrupt U.S. Government has fraudulently given the U.S. upper class $159.4 Trillion!
The corrupt U.S. Government has fraudulently given the U.S. upper class $159.4 Trillion!


The corrupt U.S. Government is in the process of printing an infinite amount of counterfeit money by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class!


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, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


As of today, the U.S. private sector has estimated private assets (net worth) of $157.8 Trillion (US Total National Assets) and the U.S. public sector (the U.S. Government) has estimated public liabilities of $159.4 Trillion (US Unfunded Liabilities (GAAP))! The corrupt U.S. Government is fraudulently borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class!


I call this fraudulently borrowed money, imaginary-counterfeit money, because this money does not exist (imaginary) and has no value (counterfeit).


The corrupt U.S. Government is running a con game (Ponzi scheme) by pretending like the future Americans will someday find an infinite pot of gold at the end of the rainbow to pay the public liabilities that today total $159.4 Trillion!


The U.S. upper class is getting rich with monopoly money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


The U.S. upper class is in the process of gaining infinite imaginary-counterfeit wealth so many of them are setting up private foundations to give away some of their ill-gotten imaginary-counterfeit wealth!


The wealthy and the super-wealthy appear to be warmhearted and benevolent citizens by giving away monopoly money that the corrupt U.S. Government has stolen from the future Americans.


The U.S. general public is a big loser in this con game (Ponzi scheme) because the corrupt U.S. Government is promising but not funding future benefits to the U.S. general public so it can undertax the U.S. upper class and give them lots of imaginary-counterfeit money!


The rest of the planet is a big loser in this con game (Ponzi scheme) because Americans are buying stuff with this monopoly money that the corrupt U.S. Government is stealing from the future Americans!


It has become expected that the fraudulently enriched U.S. upper class would set up philanthropic foundations to make them look like heroes when in fact they are co-conspirators in the biggest crime ever committed that is making them filthy rich!


The corrupt U.S. Government has undertaxed the U.S. upper class by $159.4 Trillion to give them $159.4 Trillion of imaginary-counterfeit money so they can afford to set up foundations for giving away their ill-gotten wealth!


The U.S. upper class is getting filthy rich because the corrupt U.S. Government is committing a fiscal and accounting fraud by not using accrual accounting!


The U.S. upper class is able to set up foundations to give away fabulous amounts of money because the corrupt U.S. Government is cheating the U.S. general public by not accruing the money to pay future U.S. Government benefits!


The U.S. Government fiscal and accounting fraud that I call USAPonzi is in the process of printing an infinite amount of imaginary-counterfeit money so private foundations can give away an infinite amount of imaginary-counterfeit money!


This is why some imaginary-counterfeit billionaires are pledging to give away half of their wealth. They can clearly afford to give away half of their wealth because they are keeping half of their wealth and one half of infinite is still infinite!


The proliferation of private foundations has been created by the U.S. Government fiscal and accounting fraud that I call USAPonzi!


But the entire scheme is a hoax created by the corrupt U.S. Government and all of the imaginary-counterfeit money and most of these private foundations will evaporate when this Ponzi scheme implodes!


The following commentaries explain this fiscal and accounting fraud that I call USAPonzi!


USAPonzi-The Great American Fraud
Whistleblower Letter #3 to U.S. General Public
Whistleblower Letter #6 to Congress


The devastating impact of this accounting fraud on Planet Earth is summarized in my Oct 1, 2020 commentary.


Quintet of Global Crises (Economy, Climate, Health, Hunger, Depression)



National Debt  $27.9 Trillion 
Cash Deficit in FY2021  $3.22 Trillion 
*GAAP Deficit in FY2021  $12.37 Trillion 
US Unfunded Future Liabilities  $131.5 Trillion 
US Unfunded Liabilities (GAAP)  $159.4 Trillion 
Imaginary-Counterfeit Money  $159.4 Trillion 
US Total National Assets  $157.8 Trillion 

Source: www.usdebtclock.org February 22, 2021


The current fiscal policy of the corrupt U.S. Government, I call it USAPonzi, is Destroying Planet Earth!


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 also be downloaded from my www.usaponzi.net website.


John W. White
Plano, TX