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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Lucid Motors Insanity-Infinite Cars 210929
September 29, 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 9/29/21


Lucid Motors continues the insanity in the automotive industry by announcing that it is starting production of its high-end Electronic Vehicles (EV)!


Planet Earth is in the process of building an infinite number of cars and trucks because the corrupt U.S. Government is printing an infinite amount of counterfeit money! The corrupt U.S. Government is fraudulently borrowing money from the future Americans, money the future Americans do not have, so the current Americans can buy a whole-hell-of-a-lot of cars and trucks!


So far, the corrupt U.S. Government has borrowed $156.7 Trillion of counterfeit money from the future Americans so we can buy a whole-hell-of-a-lot of cars and trucks (and airplanes and boats and houses and etc. etc.)!


CNBC
AUTOS
EV start-up Lucid begins production of flagship Air sedan ahead of customer deliveries
PUBLISHED TUE, SEP 28 2021
Michael Wayland



Lucid’s first car is a $169,000 special edition of its flagship sedan called the Air Dream Edition, with an industry-leading range of up to 520 miles, according to the EPA. The company plans to produce just 520 of the Dream Edition models, in a nod to the car’s EPA range.


Pricing for an entry-level version of the car, the Lucid Air sedan, starts at $77,400 before an up to $7,500 federal tax credit for plug-in vehicles.


Lucid said it has received more than 13,000 total reservations so far.


Lucid told investors in July that it expects to produce 20,000 Lucid Air sedans in 2022, generating more than $2.2 billion in revenue, according to an investor presentation. That’s a slower ramp-up than other EV start-ups.


“Our emphasis is upon quality, delivering an awesome car, a car that our customers will really love, and delivering a luxury customer experience.,” Rawlinson said Tuesday on CNBC’s “Closing Bell.” “That takes precedent upon rushing the ramp up of production in the immediate future, but clearly next year we’re going to ramp things up on an S curve of production.”


Lucid is manufacturing the Air at a new factory in Casa Grande, Arizona. It’s building what’s expected to be a multibillion-dollar facility, which is the first greenfield EV plant in the U.S., in phases on a 590-acre site. The facility is expected to produce an SUV called the Gravity in 2023.



These cars can go right from the production line to the Junk Yard because very very few people have the real money to buy them! Planet Earth is living on counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


This is insanity because the corrupt U.S. Government is printing an infinite amount of counterfeit money so Planet Earth can buy an infinite number of cars and trucks!


Someone has got to stop this insanity because we are burning up Planet Earth by building an infinite number of cars and trucks because the corrupt U.S. Government is “cooking the books” to print an infinite amount of counterfeit money!


We now have at least 24 companies that are building EVs simply because the corrupt U.S. Government is printing an infinite amount of counterfeit money and then giving tax credits to the companies that are foolish enough to fall for this accounting trick!


Builtin.com

The Top 24 Electric Car Companies Shaping the Future of Travel
Sunny Betz July 14, 2021 Updated: September 16, 2021


The corrupt U.S. Government has already printed $156.7 Trillion of counterfeit money so it looks like Americans can buy a whole-hell-of-a-lot of cars and trucks!


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 $156.7 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the current Americans can buy a whole-hell-of-a-lot of cars from Lucid with monopoly money!


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 the current Americans can buy a whole-hell-of-a-lot-more cars from Lucid with a Quadrillion dollars of imaginary-counterfeit money!






My 15th whistleblower to my congressman Van Taylor 210921 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of the corruption within the U.S. Government!


The fools on Wall Street and the fools in Lucid have been fooled by the criminals in Washington! In the defense of Wall Street and Lucid, 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 
$17.19 Trillion 
US Unfunded Future Liabilities  $127.9 Trillion 
US Unfunded Liabilities (GAAP)  $156.7 Trillion 
Imaginary-Counterfeit Money 
$156.7 Trillion 
US Total National Assets 

$178.8 Trillion 

Source: www.usdebtclock.org September 29, 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