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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Jamie Dimon Whistleblower Email 190318
Whistleblower Email #1 to Jamie Dimon
March 18, 2019


This is a re-print of an email I sent to the CEO of JPMorgan Jamie Dimon in an attempt to inform him of the U.S. Government fiscal and accounting fraud that I call USAPonzi.


The corrupt U.S. Government is enriching the rich by cheating the poor!


I sent the following email to Jamie Dimon, CEO of JPMorgan, and his chief of staff Judith Miller 
on March 18, 2019.


Poor are being left behind!

John White
Mon 3/18/2019 2:46 PM
To: Judith Miller <judith.b.miller@jpmorgan.com>; Jamie Dimon
<jamie.dimon@jpmchase.com>; John White <jwwhite38@outlook.com>


Judith, I read the following article and was elated to see that Mr. Dimon recognizes that the poor 
are being left behind in our economy. The reason that this is happening is because the U.S. Government fiscal policy is dramatically rigged to enrich the rich and oppress the poor!


https://www.cnbc.com/2019/03/18/jamie-dimon-says-weve-split-the-us-economy-leaving-the-poor-behind.html


Jamie Dimon says we have split the U.S. economy, leaving the poor behind - 
cnbc.com


J. P. Morgan's CEO was speaking at an event at the bank's New York headquarters to unveil a new $350 million program to boost job prospects for people in under-served communities. cnbc.com


This is happening because the U.S. Government is not using accrual accounting. The U.S. Government is promising benefits to the general public but is not taxing the rich to pay for these benefits. The U.S. Government should be accruing for these benefit promises. The U.S. Government should be using GAAP Accounting just like it requires for all public companies!


By operating with cash accounting, the U.S. Government is running a Ponzi scheme that is 
borrowing money from the future Americans and giving it to the U.S. upper class! So far this Ponzi scheme has given the U.S. upper class $123.1 Trillion and underfunded the benefit promises to the U.S. general public by $101.0 Trillion and overpaid the U.S. ruling class by $22.1 Trillion!


The U.S. Government needs to level the economic playing field by using honest accounting 
principles!


This accounting fraud is printing counterfeit money (so far $123.1 Trillion) and giving it to the U.S. upper class!


This accounting fraud is allowing Americans to buy stuff without paying for it because we have 
deferred $123.1 Trillion of public liabilities to the future Americans so we can enrich the U.S. upper class!


Because the current Americans have been given $123.1 Trillion of monopoly money by deferring 
public liabilities to the future Americans, we are buying and building stuff with trillions of fake money! We are filling up planet earth with tons of stuff: cars, airplanes, houses, tall buildings, etc. that are being purchased with fake money that has been fraudulently borrowed from the future Americans!


Because this fraud is printing counterfeit money, we are buying so much stuff we are causing 
Global Warming that is destroying Planet Earth! This fraud is in the process of printing an infinite amount of counterfeit money so we can buy, build, and operate an infinite number of environment polluting physical objects!


The inequality problem is that the rich get most of this fake money, by being undertaxed, and the 
poor have to compete with the well to do, the rich, and the super-rich by trying to earn $15 an hour. This is what is creating the wealth and income gap!


I have written two websites (USAPonzi.net and USAPonzi.com) and four books (USAPonzi, USAPonzi2, USAPonzi3, and USAPonziA) that explain this Ponzi scheme in great detail!


I am attaching a copy of the Whistleblower Letter that I sent to every member of Congress last 
month that explains why I consider this to be a criminal act by the U.S. Government because this fraud is enriching the U.S. upper class and the U.S. ruling class while cheating the U.S. general public and the rest of the planet!


Whistleblower Letter #2 to U.S. Congress!


Author's note: I included this letter in my email to JPMorgan but here I am providing a link to the Letter!


John W. White
Plano, TX