Hands in the Cookie Jar
November 27, 2017 Emailed to WSJ/NYT/DMN on 11/28/17
The following is an Op-Ed to “The Wall Street Journal”, “The New York Times” and “The Dallas Morning News” that explains how the U.S. ruling class and the U.S. upper class have their “Hands in the Biggest Cookie Jar” on the planet!
The “news media” has an ethical responsibility to inform the general public of how the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can “feather their own nests” and “dramatically feather the nests of their upper-class friends”!
Hands in the Cookie Jar
November 27, 2017
The U.S. ruling class and the U.S. upper class have their “Hands in the Cookie Jar” of the U.S. Government! This is “The Biggest Cookie Jar on the Planet”!
The U.S. Government has fraudulently borrowed $109.1 Trillion from the future Americans and given it to the U.S. upper class!
The U.S. Government is committing fiscal and accounting fraud by operating with Cash Accounting rather than the proper and Generally Accepted Accounting Principles of GAAP Accounting so that it can enrich the U.S. upper class and the U.S. ruling class!
This U.S. Government fraud is borrowing money from the future Americans, money that the future Americans do not have, and giving it to the U.S. upper class! The U.S. Government has fraudulently borrowed $109.1 Trillion from the future Americans and given it to the U.S. upper class! The corrupt U.S. Government has its “Hands in the Biggest Cookie Jar” ever seen and is dishing out cookies to the U.S. ruling class and the U.S. upper class!
This fraud is explained in great detail in my Whistleblower Letter #13 to the U.S. Securities and Exchange Commission!
This is a very simple fraud, the U.S. Government uses fraudulent accounting to borrow money, $109.1 Trillion (US Unfunded Liabilities (GAAP)) so far, from the future Americans and give it the U.S. upper class! The U.S. Government then borrows money, $20.5 Trillion (National Debt) so far, from the fraudulently enriched upper class to enrich itself!
The U.S. Government is operating a classic Ponzi scheme (USAPonzi) to enrich the U.S. ruling class and to colossally enrich the U.S. upper class while cheating the U.S. general public and cheating the rest of the planet!
The senior officials of the U.S. Government are common criminals that have their “Hands in the Biggest Cookie Jar on the Planet”!
|Cash Deficit in FY2018
|GAAP Deficit in FY2018
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|Total National Assets
Source: www.usdebtclock.org Nov 27, 2017
To eliminate this fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.
I have published a website www.usaponzi.net that explains how this fraud works to create a massive global wealth and income gap between the haves and the have-nots and to create false wealth and prosperity for the current Americans. The www.usaponzi.net website is an introduction to my more detailed website www.usaponzi.com and my books “USAPonzi” (Nov 22, 2015) and “USAPonzi2” (May 1, 2017) which are available on Amazon to better explain this fraud/Ponzi scheme.
This fraud/Ponzi scheme is also explained in “short story style” in my October 1, 2017 commentary USAPonzi CliffsNotes and in my October 8, 2017 commentary USAPonzi Elevator Speech.
This is the biggest ($109.1 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.
John W. White