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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Immigration Crisis caused by US Gov Fraud 210922
September 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 9/22/21


I am a whistleblower! The U.S. Government is corrupt! The senior members of the U.S. Government are common criminals that have committed a $156.5 Trillion crime by “cooking the books”! 
The criminals in Washington have fraudulently given the U.S. upper class $156.5 Trillion of counterfeit money!


The Immigration Crisis at the U.S. southern border is caused by the corrupt U.S. Government committing a fiscal and accounting fraud! This accounting fraud has falsely given the appearance that America is rich and prosperous by fraudulently borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class by undertaxing them!


Immigrants are clambering to come to America so they can seek a better life for themselves and their families because they hear about the American Dream! However, the American Dream is a hoax and a malicious lie because the U.S. Government is corrupt!


Unfortunately, America is a fake, a fraud, a liar, and a cheater! America appears to be rich and prosperous because the corrupt and criminal U.S. Government is printing an infinite amount of counterfeit money and giving it to the U.S. upper class! The corrupt and criminal U.S. Government has been lying to and cheating the U.S. general public and the rest of the planet for the last 53 years so that it can enrich itself and the U.S. upper class!


The following are pictures from the Texas border in September of 2021 when 12,000-14,000 Haitians arrived almost instantaneously to find work and a better life! These immigrants are coming here to an economic situation that in reality is not that much different than that which they are leaving! The corrupt U.S. Government just fraudulently tries to make America look a whole-hell-of-a-lot better than it really is by “cooking the books”!





This fiscal and accounting fraud, that I call USAPonzi, is causing millions of immigrants to want to come to America when the U.S. economy cannot honestly support the life style of the U.S. population of 40-50 years ago! The following Pew Research Center report shows that the number of immigrants in America began to increase significantly in 1970 the year after this fiscal and accounting fraud was launched with the adoption of the Unified Budget!


When the corrupt U.S. Government started printing counterfeit money, immigrants began to come to America to get access to some of the now $156.5 Trillion of counterfeit money that has been fraudulently printed with GAAP basis deficit spending since FY1969!



Pew Research Center

AUGUST 20, 2020
Key findings about U.S. immigrants
BY ABBY BUDIMAN


The United States has more immigrants than any other country in the world. Today, more than 40 million people living in the U.S. were born in another country, accounting for about one-fifth of the world’s migrants. The population of immigrants is also very diverse, with just about every country in the world represented among U.S. immigrants.


Pew Research Center regularly publishes statistical portraits of the nation’s foreign-born population, which include historical trends since 1960. Based on these portraits, here are answers to some key questions about the U.S. immigrant population.


How many people in the U.S. are immigrants?
The U.S. foreign-born population reached a record 44.8 million in 2018. Since 1965, when U.S. immigration laws replaced a national quota system, the number of immigrants living in the U.S. has more than quadrupled. Immigrants today account for 13.7% of the U.S. population, nearly triple the share (4.8%) in 1970. However, today’s immigrant share remains below the record 14.8% share in 1890, when 9.2 million immigrants lived in the U.S.


This accounting fraud has caused millions of immigrants to risk life, limb, legal challenges, and deportation to come to America to get some of this counterfeit money!


Unfortunately, this accounting fraud has produced an economic, financial, physical, and humanitarian crisis for America, in fact for the entire planet, that will lead to what I call The Greatest Depression and even the destruction of Planet Earth!


When any operating entity lies about its financial status and economic success, it can only lead to serious problems down the road and we are now approaching that point in time for America!


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, by not operating its fiscal policy with proper accrual accounting! The corrupt U.S. Government has fraudulently borrowed $156.5 Trillion from the future Americans and given it to the U.S. upper class by undertaxing them so current Americans can appear to live well, some even opulently, without having to work for a living!


The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting (GAAP Accounting) and as a result is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of printing an infinite amount of counterfeit money, I call it imaginary-counterfeit money, by fraudulently borrowing it from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


The following chart gives a graphical projection of how the corrupt U.S. Government, with the current Ponzi scheme fiscal policy, could fraudulently borrow over a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans by 2041 and give it to the U.S. upper class so Americans can appear to live better and better without having to work for a living!





The unsuspecting immigrants are being hoodwinked into thinking that life in America will be much better for them and their families when they are just entering into an economic, financial, physical, and humanitarian crisis of epic proportions when USAPonzi implodes!


The unsuspecting immigrants, the oppressed U.S. general public, and the fools on Wall Street have all been fooled by the criminals in Washington! In the defense of Wall Street, the corrupt U.S. Government may have fooled itself! We do not yet know if the people in the U.S. Government are accidental fools or intentional criminals! I suggest that we have some of each but they are all criminals whether they know it or not!

 

US National Debt  $28.8 Trillion 
Cash Deficit in FY2021  $3.00 Trillion 
GAAP Deficit in FY2021 
$17.48 Trillion 
US Unfunded Future Liabilities  $127.7 Trillion 
US Unfunded Liabilities (GAAP)  $156.5 Trillion 
Imaginary-Counterfeit Money 
$156.5 Trillion 
US Total National Assets 

$178.3 Trillion 

Source: www.usdebtclock.org September 22, 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 be downloaded from my websites in pdf format.


My commentary Fed-Asleep At The Switch 210901 gives a summary of the issues that this Ponzi scheme/accounting fraud is causing!


John W. White

Plano, TX