LA Rams SOFI Stadium Debacle 200913
September 13, 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 9/13/20.
The Los Angeles Rams could not have chosen a worse time to introduce their $5 Billion SOFI Stadium!
The owner of the LA Rams had better really enjoy the Rams-Cowboy game tonight because he will soon realize that he has made a $5 Billion mistake!
SOFI Stadium will be a financial debacle because it has been built with $5 Billion of imaginary-counterfeit money that the corrupt U.S. Government has fraudulently borrowed from the future Americans!
The corrupt U.S. Government has committed a fiscal and accounting fraud, I call it USAPonzi, that appears to make SOFI Stadium a viable financial venture because the corrupt U.S. Government has fraudulently borrowed $154.4 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class (See USAPonzi-The Great American Fraud)!
SOFI Stadium will be opening with limited fans because we are in the middle of the Coronavirus Pandemic that has also been caused by the U.S. Government fiscal and accounting fraud that I call USAPonzi! It is quite likely that we will never see SOFI Stadium filled to capacity with fans that are paying enough to make this stadium financially viable!
SOFI Stadium will be opening while the American West is in the middle of some of the worst wildfires we have ever seen that have been caused by climate change that has in turn has been caused by the U.S. Government fiscal and accounting fraud that I call USAPonzi!
SOFI Stadium itself is a major contributor to Global Warming that is causing climate change that is causing wildfires! We have got to stop fraudulently building and buying environment-polluting physical objects like SOFI Stadium!
The corrupt U.S. Government is in the process of fraudulently borrowing an infinite amount, so far $154.4 Trillion, of imaginary-counterfeit money from the future Americans so the entire planet can build and buy an infinite number of environment-polluting physical objects like SOFI Stadium!
This Ponzi scheme, that I call USAPonzi, is causing four global crises (See Quadrilogy of Global Crises (economy, climate, health, and hunger)) that are setting the stage for The Greatest Depression and if this Ponzi scheme is continued it will Destroy Planet Earth!
The Los Angeles Rams have been fooled into creating an economic, financial, and climate debacle of epic proportions by mistakenly building SOFI Stadium because of the corruption within the U.S. Government!
|US National Debt
|Cash Deficit in FY2020
|*GAAP Deficit in FY2020
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org September 13, 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 >$28.3 Trillion (>$154.4T-$126.1T = >$28.3T).
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 latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.
This is the biggest ($154.4 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!
John W. White