Global Travel magnified by Fraud! 200204
February 4, 2020
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 2/5/20
Global Travel has been dramatically and fraudulently magnified by the U.S. Government accounting fraud that I call USAPonzi!
The Coronavirus is being spread much more rapidly because of the U.S. Government accounting fraud that I call USAPonzi!
The U.S. Government is corrupt! The U.S. Government is committing a fiscal and accounting fraud by operating its fiscal policy with Cash Accounting rather than proper and Generally Accepted Accounting Principles (GAAP Accounting)! Because of this accounting fraud, the U.S. Government is in the process of printing an infinite amount of what I call imaginary-counterfeit money!
This accounting fraud is in the process of borrowing an infinite amount of money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class! People all over the planet are becoming fraudulently affluent with this imaginary-counterfeit money so they have money coming out of their ears that they can use to travel to places that they really cannot afford to travel to!
This accounting fraud has built cars we can use to drive to places we really cannot afford to go, has built airplanes we can use to fly to places we really cannot afford to fly to, and has built cruise ships that we can use to cruise to places we really cannot afford to cruise to!
I estimate that this fraud has built at least 1.12 billion cars we cannot afford and 25,000-30,000 jetliners we cannot afford (See Cars, Planes, and Houses coming out of our ears)!
We have people traveling to China that have no business going there and no real money to travel there simply because the U.S. Government is committing a fiscal and accounting fraud that has printed $128 Trillion of imaginary-counterfeit money and is printing $16.8 Billion more imaginary-counterfeit money every day!
People are now being exposed to the Coronavirus in China that are traveling there on imaginary-counterfeit money that has been fraudulently printed by the U.S. Government!
I have attempted to explain this fiscal and accounting fraud to the U.S. Government in the following whistleblower letter!
Whistleblower Letter #4 to 116th U.S. Congress
This accounting fraud can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government!
|Cash Deficit in FY2020
|GAAP Deficit in FY2020
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|Total National Assets
Source: www.usdebtclock.org February 4, 2020
You can learn more about this fraud/Ponzi scheme by reading my websites www.usaponzi.net and www.usaponzi.com or better yet by reading my sixth book on USAPonzi “USAPonziC” which is available on Amazon.
This is the biggest ($128.0 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!
John W. White