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

Infinite Money, People, and Things 200723
July 23, 2020
Emailed to The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 7/23/20.


Sometimes too much of a good thing is a bad thing!


I am a Whistleblower! The U.S. Government is corrupt!
The corrupt U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting)! The corrupt U.S. Government is being run by common criminals that have committed a $153.4 Trillion crime!


The corrupt U.S. Government is in the process of printing an infinite amount of counterfeit money so the ever-increasing number of people on Planet Earth can build and buy an infinite number of things without having to have a job to pay for these things!


The corrupt U.S. Government is committing a fiscal and accounting fraud that is in the process of printing an infinite amount of counterfeit money, I call it imaginary-counterfeit money, and giving it to the U.S. upper class so the elite in America can control America and so America can control the planet! This accounting fraud is printing an infinite amount of imaginary-counterfeit money and giving it to the U.S. upper class with ever-increasing and unbounded GAAP basis deficit spending!


The corrupt U.S. Government is operating with a fiscal policy that is a classic Ponzi scheme, I call it USAPonzi, that is fraudulently borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government, as of today July 23, 2020, has fraudulently borrowed $153.4 Trillion of imaginary-counterfeit money from the future Americans (US Unfunded Liabilities (GAAP) = $153.4 Trillion) and given it to the U.S. upper class!


Earning money is a good thing! Printing imaginary-counterfeit money is a bad thing! Printing an infinite amount of imaginary-counterfeit money is a really bad thing!


Printing an infinite amount of imaginary-counterfeit money and giving it to the U.S. upper class has caused Social Injustice; the elite get rich and the unelite get screwed!


Printing an infinite amount of imaginary-counterfeit money has caused Global Warming! When the corrupt U.S. Government prints an infinite amount of imaginary-counterfeit money the entire planet can build and buy an infinite number of things many of which are environment-polluting physical objects that are now burning up Planet Earth!


This accounting fraud is printing an infinite amount of imaginary-counterfeit money so Planet Earth can appear to build an infinite number of cars, an infinite number of airplanes, an infinite number of boats, an infinite number of houses, and an infinite number of everything!


The corrupt U.S. Government is in the process of borrowing an infinite amount of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class by undertaxing them! The corrupt U.S. Government can appear to keep borrowing money from the future Americans because the future Americans have an infinite supply of imaginary-counterfeit money, after all it is imaginary


Printing imaginary-counterfeit money has caused the Coronavirus Pandemic! When people are living on an infinite supply of imaginary-counterfeit money that is being fraudulently printed by the corrupt U.S. Government, they can live anywhere and people have chosen to live closer and closer together which has created petri dishes in these congested urban environments that produce germs that can spread locally. Further, when people have an infinite amount of imaginary-counterfeit money they can travel anywhere and everywhere, without having to pay for it, to almost immediately transmit germs globally!


As an example, the corrupt U.S. Government has already printed $153.4 Trillion of imaginary-counterfeit money so Planet Earth could fraudulently build and buy 1.4 billion cars and 30,000 wide body airliners. These 30,000 wide body airliners are fraudulently flying millions of people all over Planet Earth to get the germs from Wuhan, China quickly distributed all over Planet Earth!


One of the techniques the planet is using to try to control the Covid-19 Pandemic is to stop flying so many airplanes. However, we should not have been flying 30,000 airplanes in the first place!


The global economy, with honest accounting, can only support at most a few thousand airplanes and maybe even just a few hundred airplanes!


The global economy cannot support 1.4 billion cars and 30,000 airliners! But the corrupt U.S. Government has made it appear to be possible by fraudulently printing $153.4 Trillion of imaginary-counterfeit money with GAAP basis deficit spending!


I estimate that this accounting fraud has mistakenly built at least 1.120 billion cars that are polluting Planet Earth! Elon Musk is in the process of building an infinite number of Teslas that are being purchased with imaginary-counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


We will have a whole hell-of-a-lot of Teslas sitting on cinder blocks when this accounting fraud is exposed!


We will have a whole hell-of-a lot of airplanes sitting in airplane grave yards when this accounting fraud is exposed!


We have got to stop building cars and airplanes! We are filling up Planet Earth with environment-polluting physical objects!


Printing imaginary-counterfeit money has caused Social Conflict! When the U.S. Government can direct this infinite supply of imaginary-counterfeit money to its people of choice, the favored get rich and the unfavored are oppressed! This accounting fraud has caused the U.S. general public to begin a rebellion against the U.S. Government with protests, rioting, looting, and the formation of gangs! The U.S. general public will be really mad when they find out that the corrupt U.S. Government is not properly funding their future benefit promises so that the corrupt U.S. Government can fraudulently enrich the U.S. ruling class and colossally enrich the U.S. upper class!


Printing imaginary-counterfeit money has caused racial conflict (See Promoting White Supremacy)! When the corrupt U.S. Government can direct this infinite supply of imaginary-counterfeit money to its people of choice, the favored get rich and the unfavored are oppressed! As I say, this is one reason why minority groups are starting a rebellion within the American society and against the corrupt U.S. Government!


When money, in this case imaginary-counterfeit money, is autocratically directed to chosen groups by the corrupt U.S. Government rather than earned by the spender, this is going to create inequality, distrust, and animosity!


The social conflict created by the corrupt U.S. Government is compounded by the fact that the population of Planet Earth is continuing to rise and the competition for resources is becoming more intense! Further, as the population rises and people are forced to live closer and closer together many do not have a job because they are living on this imaginary-counterfeit money, and they therefore have the time and the motive to create civil unrest. This social conflict is especially intense when the fraudulent allocation of resources is massively skewed to the U.S. upper class by this accounting fraud that I call USAPonzi.


The following is a link to my whistleblower letter to the U.S. general public that explains how the corrupt U.S. Government is enriching the U.S. upper class and cheating the U.S. general public.


Whistleblower Letter #1 to the U.S. general public


The following is a link to my fifth 
whistleblower letter to the U.S. Congress in an attempt to expose this fraud and corruption within the U.S. Government!


Whistleblower Letter #5 to the U.S. Congress



US National Debt  $26.6 Trillion 
Cash Deficit in FY2020  $2.81 Trillion 
*GAAP Deficit in FY2020  >$27.3 Trillion 
US Unfunded Future Liabilities  $126.8 Trillion 
US Unfunded Liabilities (GAAP)  $153.4 Trillion 
Imaginary-Counterfeit Money  $153.4 Trillion 
US Total National Assets  $130.5 Trillion 

Source: www.usdebtclock.org July 23, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP)US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020, therefore the GAAP Deficit in FY2020 will be >$27.3 Trillion (>$153.4T-$126.1T = >$27.3T).


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud and the impact it is having on Planet Earth. My www.usaponzi.com website includes 889 commentaries that attempt to expose this accounting fraud. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.


This is the biggest ($153.4 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX