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

Netflix Miracle by Fraud 190117
January 17, 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 1/17/19


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 the  “Netflix Miracle by 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!


Netflix Miracle by Fraud 190117
January 17, 2019


In this commentary I will explain how Netflix has been able to achieve outstanding financial performance (Netflix Miracle) since it was founded in 1997!


The Netflix Miracle is also explained in my August 30, 2018 commentary FANG Miracle/Debacle since all FANG stocks (Facebook, Apple, Amazon, Netflix, and Google) have astounding growth and performance because of the U.S. Government fiscal and accounting fraud that I call USAPonzi which is printing counterfeit money at the current rate of $16.7 Billion a day!


Netflix
announced on January 15, 2019 that it was raising its prices by 13-18%!


Netflix can keep raising its prices because the U.S. Government is printing counterfeit money at an exponentially increasing rate so that we can enjoy Netflix without having to pay for it!


Netflix
is one of the most successful internet companies!


Netflix is the world's 10th-largest internet company by revenue. (wikipedia.org)


Netflix
stock price at IPO May 24, 2002 was $1.21.


Netflix stock price on Jan 17, 2019 was $351.39.


Netflix Market Cap on Jan 17, 2019 was $153.24B.


How is it possible that a company founded in 1997 can now be worth $153.24B?


There are two reasons why this has happened:


1) Netflix has produced a product that has great interest for the viewing public!


2) The U.S. Government is printing counterfeit money by fraudulently borrowing it from the future Americans and giving it to the current Americans.


This second reason is obviously what has produced this $153.24 Billion valuation!


The U.S. Government has printed $122.1 Trillion of counterfeit money and given it to the current Americans. Many Americans do not have to work for a living because they are living on the counterfeit money that the U.S. Government is producing by fraudulently borrowing it from the future Americans.


Americans are flush with money because the corrupt and criminal U.S. Government is using fraudulent accounting to print $16.7 Billion of counterfeit money every day!


Americans have a lot of time to watch Netflix because many of them do not have to work for a living because the U.S. Government is printing enough counterfeit money to pay their living expenses!


Americans have a lot of money to pay for their Netflix subscriptions because the U.S. Government is printing counterfeit money at the current rate of $16.7 Billion a day!


The U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is fraudulently borrowing money, I call it imaginary-counterfeit money, from the future Americans and giving it to the current Americans by deferring public liabilities to the future Americans. So far, the U.S. Government has deferred $122.1 Trillion (US Unfunded Liabilities (GAAP)) to the future Americans so the current Americans have the time to watch and the money to pay for their Netflix entertainment!


The U.S. Government is not operating its fiscal policy with proper GAAP Accounting!


The Netflix success is really not that much of a miracle, it is the result of a corrupt and criminal U.S. Government choosing to create counterfeit wealth and prosperity in America by committing fiscal and accounting fraud!


The Netflix Miracle will come to an abrupt end when this U.S. Government accounting fraud is properly exposed! When the U.S. Government starts telling the financial truth, we will not have near as much time or money to watch Netflix!


The Netflix stock price will plummet when the U.S. Government starts telling the financial truth!


I predict that the stock market will fall by 85% or more when this U.S. Government accounting fraud is exposed!


This accounting fraud is not only causing the Netflix Miracle and the FANG Miracle, it is Destroying Planet Earth because we are filling Planet Earth with an unending and ever-increasing number of environment-polluting physical objects that are being bought, built, and operated with this unending and ever-increasing stream of imaginary-counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans


The U.S. Government is corrupt!


The senior officials of the U.S. Government are common criminals that have committed a $122.1 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 ($122.1 Trillion) fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.

 

National Debt  $21.9 Trillion 
Cash Deficit in FY2019  $0.85 Trillion 
GAAP Deficit in FY2019  $6.08 Trillion 
US Unfunded Future Liabilities  $100.3 Trillion 
US Unfunded Liabilities (GAAP)  $122.1 Trillion 
Imaginary-Counterfeit Money  $122.1 Trillion 
Total National Assets  $149.7 Trillion 

Source: www.usdebtclock.org Jan 17, 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 700 commentaries since March 29, 2013 in an attempt to explain and expose this massive U.S. Government fraud!


This is the biggest ($122.1 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