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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Google-A $1.87T Joke by US Gov Fraud 210728
July 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 7/28/21


Google is a Joke! Google is a $1.87 Trillion Joke! Google is a $1.87 Trillion Joke because the U.S. Government is corrupt!


Business Insider
Alphabet blows past Wall Street's Q2 quarterly earnings expectations as search and YouTube ad revenue surge
July 27, 2021




Google's parent Alphabet announced its Q2 earnings Tuesday, beating Wall Street expectations.


Alphabet reported $61.9 billion in total revenue versus $56.1 billion expected by analysts.


Google's ad services brought in $57.1 billion, while Cloud revenue grew to $4.6 billion.


Alphabet blew past Wall Street's second-quarter earnings expectations as the company continued benefit from the massive uptick in digital commerce during the pandemic.


Shares of Alphabet were up around 3% in after-hours trading following its Q2 earnings.


Google's parent company brought in $61.9 billion in total revenue during the quarter, up 62% year-over-year, versus $56.1 billion expected by analysts.


A year after its first-ever revenue decline, Google's ad business skyrocketed in Q2 2021 with $57.1 billion in revenue, up 69% year-over-year, driven largely by Google search ads, which brought in $35.8 billion in revenue.


The company said advertising revenue at its YouTube division rose 84% year-over-year to $7 billion.


The U.S. Government is printing counterfeit money to make Google appear to be valuable!


Google Market Cap
July 28, 2021
$1.87 Trillion


Google’s real value is essentially ZERO!


The U.S. Government is playing an accounting trick on
Planet Earth and Google is a major beneficiary of this accounting trick!


The corrupt U.S. Government is printing an infinite amount of counterfeit money and giving it to the U.S. upper class! The corrupt U.S. Government has so far given the U.S. upper class
$153.6 Trillion of counterfeit money!


The corrupt U.S. Government is being run by a bunch of common criminals!


Google is now a giant company ($1.87 Trillion market cap) that is built on this accounting trick that is being played on Planet Earth by the corrupt U.S. Government!


Google is actually worth almost nothing!


I am a whistleblower! The U.S. Government is corrupt!


The corrupt U.S. Government is “cooking the books”!


The corrupt U.S. Government is not operating its fiscal policy according to proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The corrupt U.S. Government is
fraudulently borrowing an infinite amount of money, so far $153.6 Trillion, from the future Americans and giving it to the U.S. upper class which is making Google appear to be quite valuable!


The corrupt U.S. Government is promising and paying benefits to the U.S. general public but is not using proper and Generally Accepted Accounting Principles (GAAP Accounting) to accrue the money to pay future benefits!


The U.S. general public is getting cheated, so far by $125.0 Trillion (US Unfunded Future Liabilities), because the corrupt U.S. Government is not accruing for future benefits and these future benefits for the U.S. general public are now unfunded!


The U.S. upper class is getting enriched, so far by $153.6 Trillion (US Unfunded Liabilities (GAAP)), because the corrupt U.S. Government is not accruing for future benefits and the U.S. upper class has been undertaxed by $153.6 Trillion!


Because of this U.S. Government fiscal and accounting fraud, the U.S. upper class is getting filthy rich and the U.S. general public is getting screwed!


The rest of the planet is getting cheated because Americans are buying stuff with imaginary-counterfeit money, so far $153.6 Trillion, that the corrupt U.S. Government is fraudulently borrowing from the future Americans! Americans are buying stuff with monopoly money!


Because the U.S. Government is not using proper GAAP Accounting, the corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is fraudulently borrowing an infinite amount of money from the future Americans, I call it imaginary-counterfeit money, and giving it to the current Americans, primarily the U.S. upper class, so the current Americans can buy an infinite amount of stuff without paying for any of it so Google can sell an infinite amount of ads to the sellers of this stuff to entice the people using Google to buy this stuff with the imaginary-counterfeit money that the corrupt U.S. Government has fraudulently borrowed from the future Americans!


This is fraud because the corrupt U.S. Government is borrowing money from the future Americans that the future Americans do not have! This is not a small fraud! The corrupt U.S. Government has already fraudulently borrowed $153.6 Trillion of imaginary-counterfeit money from the future Americans to get Google's market cap to $1.87 Trillion but with this Ponzi scheme the sky is the limit for Google’s market cap!


The following chart gives a graphical projection of how the corrupt U.S. Government could fraudulently borrow as much as 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 Americans can buy a whole lot more stuff with monopoly money and Google can sell a whole lot more ads!





The corrupt U.S. Government is lying to and cheating the U.S. general public by promising but not funding future benefits so they can enrich the U.S. upper class with trillions of imaginary-counterfeit money so Americans can buy a whole lot of stuff with monopoly money and Google can sell a whole lot of ads!


The U.S. general public is not going to be happy when they find out that they are being cheated so that the Google founders, the Google employees, and the rest of the U.S. upper class can get really rich with imaginary-counterfeit money and the investors in Google can make a whole lot of imaginary-counterfeit money by owning stock in Google!


The corrupt U.S. Government is fraudulently borrowing an infinite amount of money (imaginary-counterfeit money) from the future Americans so the current Americans can buy an infinite amount of stuff so Google can sell an infinite amount of ads!


The rest of the planet is not going to be happy when they find out that they are being cheated because Americans are fraudulently buying stuff with imaginary-counterfeit money, so far $153.6 Trillion, that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


If the U.S. Government was operating and reporting its fiscal policy with proper GAAP Accounting, then the U.S. Government would know, the U.S. general public would know, and the rest of the planet would know that the corrupt U.S. Government has fraudulently borrowed $153.6 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class!


The corrupt U.S. Government is operating its fiscal policy with Cash Accounting rather than proper GAAP Accounting to make Google appear to be very valuable! This is the accounting trick that I referenced at the beginning of this commentary!


Google's market cap will be essentially ZERO when this Ponzi scheme that I call USAPonzi implodes and this imaginary-counterfeit money evaporates!


Google is a $1.87 Trillion Joke!

 

US National Debt  $28.6 Trillion 
Cash Deficit in FY2021  $3.19 Trillion 
GAAP Deficit in FY2021 
$17.12 Trillion 
US Unfunded Future Liabilities  $125.0 Trillion 
US Unfunded Liabilities (GAAP)  $153.6 Trillion 
Imaginary-Counterfeit Money 
$153.6 Trillion 
US Total National Assets 

$174.9 Trillion 

Source: www.usdebtclock.org July 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 also be downloaded from my www.usaponzi.net website.


John W. White

Plano, TX