The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"                     USAPonzi                                      by John W. White   Mar 29, 2013

Income Inequality caused by US Gov Fraud 190130
January 30, 2019
Emailed to WSJ/NYT/WP/DMN, the US SEC, Fed Chairman Jay Powell, Congressman Van Taylor, Congressman Colin Allred, Senator John Cornyn, Senator Ted Cruz, and Dallas Mayor Mike Rawlings 1/30/19


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post”, and “The Dallas Morning News” which explains how “Income Inequality is caused by US Government Fraud”!


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”.


The “news media” is aiding and abetting the corrupt and criminal U.S. Government by refusing to report this fiscal and accounting fraud! The U.S. Government should be operating its fiscal policy with accrual accounting!


Income Inequality caused by US Gov Fraud 190130
January 30, 2019


Income inequality in the United States of America seems to be getting more pronounced and causing more and more class warfare!


According to at least one guy, it has produced an "Egotistical, Billionaire Asshole"!


The frustration with wealth and income inequality is getting worse because the U.S. Government is committing a $122.4 Trillion fiscal and accounting fraud to enrich the U.S. upper class and this accounting fraud is expanding exponentially! The U.S. Government is operating with fraudulent accounting to print $122.4 Trillion of imaginary-counterfeit money and give it to the U.S. upper class!


One of the more prominent recent examples of this income inequality frustration was expressed by a heckler during an interview with Howard Shultz the former CEO of Starbucks who is considering a run for President! This heckler's frustration prompted the following headline!


Democrats Plan Starbucks Boycott If "Egotistical, Billionaire Asshole" Schultz Runs For President


This wealth and income inequality is caused by a corrupt and criminal U.S. Government!


Howard Schultz became a billionaire because of this of this accounting fraud that I call USAPonzi! Starbucks now has 30,000 stores that it has built all over planet earth so that the upper class folks all over planet earth can buy premium coffee whenever and wherever they want it with their imaginary-counterfeit money that the corrupt and criminal U.S. Government has fraudulently borrowed from the future Americans and given to the U.S. upper class!


See The Starbucks Miracle/Debacle!


Howard Schultz apparently does not realize that he is an imaginary-counterfeit billionaire created by U.S. Government accounting fraud!


When USAPonzi is exposed, most of these now 30,000 Starbucks stores will be shuttered and scrapped and Howard Schultz will not be worth much more than a plugged nickel!


Howard Schultz appears to be a successful business man simply because the U.S. Government is corrupt and now he wants to be the CEO of this corrupt and criminal U.S. Government!


Now is not the time to want to be presiding over the U.S. Government!


When USAPonzi is exposed, this imaginary-counterfeit money, currently $122.4 Trillion, will evaporate essentially overnight!


The corrupt and criminal U.S. Government is running a classic Ponzi scheme that is printing imaginary-counterfeit money and giving it to the U.S. upper class!


The U.S. Government is not using the proper accounting system and as a result is fraudulently enriching the U.S. upper class and cheating the U.S. general public!


This U.S. Government accounting fraud has criminally and fraudulently given the U.S. upper class $122.4 Trillion by underfunding the future benefit promises to the U.S. general public!


The U.S. upper class is being fraudulently enriched with imaginary-counterfeit money that the U.S. Government is pretending to borrow from the future Americans!


The apparent wealth of the U.S. upper class is a mirage and a con game being orchestrated by a corrupt and criminal U.S. Government!


This heckler did not use very nice language to express his frustration but he has 122.4 trillion reasons to be frustrated!


The corrupt and criminal U.S. Government is colossally, criminally, and fraudulently enriching the upper class and cheating the general public by committing fiscal and accounting fraud!


My 14th whistleblower letter to the U.S. Securities and Exchange Commission is my latest attempt to get the U.S. Government to admit to this fraud!


The U.S. Government is corrupt!


The senior officials of the U.S. Government are common criminals that have committed a $122.4 Trillion criminal act by not operating the U.S. Government fiscal policy with proper accrual accounting! The senior officials of the U.S. Government are common criminals because they are direct financial beneficiaries of this massive fraud! The corrupt and criminal U.S. Government is overpaying itself with imaginary-counterfeit money!


We have 535 criminals in the U.S. Congress and an untold number of criminals in the White House!


I have sent 14 whistleblower letters to the U.S. Securities and Exchange Commission, a whistleblower letter to every member of the U.S. Congress, and 9 whistleblower letters to each member of the U.S. Supreme Court so that all three branches of the U.S. Government would be informed of this massive fraud!


I have also sent over 300 Op-Eds to the “mainstream media” in an attempt to expose this massive fraud to the citizens of Planet Earth! None of these Op-Ed candidates have been published!


This massive fraud is explained in more detail in my Open Letter to US Government, my Open Letter to Planet Earth, and my Open Letter to US General Public!


I have presented specific fraud charges against the U.S. Government in my Fraud Charges against US Government commentary!


I have also explained this fraud to the International Monetary Fund in my Open Letter to the International Monetary Fund commentary!


To eliminate this massive ($122.4 Trillion) fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.

 

National Debt  $22.0 Trillion 
Cash Deficit in FY2019  $0.86 Trillion 
GAAP Deficit in FY2019  $6.08 Trillion 
US Unfunded Future Liabilities  $100.4 Trillion 
US Unfunded Liabilities (GAAP)  $122.4 Trillion 
Imaginary-Counterfeit Money  $122.4 Trillion 
Total National Assets  $150.0 Trillion 

Source: www.usdebtclock.org Jan 30, 2019


This fraud/Ponzi scheme (USAPonzi) is explained in much more detail on my websites www.usaponzi.net and www.usaponzi.com and in my books “USAPonzi” 11/22/15, “USAPonzi2 5/1/17, “USAPonzi3 2/1/18, and “USAPonziA 9/1/18! Each of these books have updates that I made every few days until the next book was published. I have published 706 commentaries since March 29, 2013 in an attempt to explain and expose this massive U.S. Government fraud!


This is the biggest ($122.4 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.


John W White
Plano, TX