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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Gerrit Cole $324M Contract Miracle/Debacle 191211
December 11, 2019
Emailed to 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/DMN/CNBC, and Dallas Mayor Eric Johnson on 12/11/19.

The U.S. Government accounting fraud, that I call USAPonzi, has produced an historic baseball contract for Gerrit Cole to pitch for the New York Yankees!

Gerrit Cole agrees to historic $324 million deal with Yankees

Various outlets, including ESPN and Jon Heyman, report the Yankees and Cole have agreed on a nine-year deal valued at roughly $324 million. The deal comes a day after the Washington Nationals announced another Boras-negotiated contract for 2019 World Series Most Valuable Player Stephen Strasburg — a seven-year deal valued at $245 million.

This outrageous compensation for a baseball player is due solely to corruption within the U.S. Government that is printing counterfeit money with GAAP basis deficit spending! The U.S. Government has been running a massive Ponzi scheme, I call it USAPonzi, for the last 50 years that is in the process of fraudulently borrowing an infinite supply of counterfeit money from the future Americans by operating its fiscal policy with Cash Accounting rather than proper GAAP Accounting!

So far, the U.S. Government has fraudulently borrowed $127.1 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class so baseball fans have a little extra money, $127.1 Trillion, to spend on their entertainment!

The pay of professional athletes and other entertainers has been escalating for the last 50 years because the U.S. Government has been fraudulently borrowing an unending and ever-increasing (infinite) amount of counterfeit money from the future Americans and giving it to the U.S. upper class!

So far, the corrupt U.S. Government has fraudulently printed $127.1 Trillion of counterfeit money so the Yankees can pay Gerrit Cole $36 Million a year to play baseball! Every day the U.S. Government fraudulently borrows another $16.8 Billion of counterfeit money from the future Americans so baseball fans can pay the next super-star player an even larger long-term contract!

This fraud is a classic Ponzi scheme and when it implodes this now $127.1 Trillion of counterfeit money will evaporate and the salaries of all baseball players will fall dramatically! 

Gerrit Cole's 9-year contract to pitch for the NY Yankees appears to be a $324M financial miracle produced by a corrupt U.S. Government but it will prove to be a $324M financial debacle when this U.S. Government corruption is exposed! The NY Yankees will have a contract to pay Gerrit Cole $324M but will not have the money to pay it! The NY Yankees will be bankrupt and Gerrit Cole will be pitching for $Thousands rather than $Millions if he chooses to continue to play baseball and if MLB survives the implosion of USAPonzi!

USAPonzi will implode when the planet finds out that the future Americans do not have an infinite amount of money!

See USAPonzi-The Great American Fraud

See Whistleblower Letter #3 to the U.S. Congress

See Whistleblower Letter #1 to the United Nations

You can learn more about this fraud/Ponzi scheme by reading my websites and or by reading my sixth book on USAPonzi USAPonziC which is available on Amazon.

This is the biggest ($127.1 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud and “The Biggest Ponzi Scheme on the Planet”!

John W. White
Plano, TX