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

Open Letter to U.S. Citizens Mar 16, 2015
Mar 16, 2015
As posted on www.usaponzi.com 

 

The U.S. Government is corrupt and fraudulent.


The U.S. Government is lying to you by promising to pay you social benefits that the U.S. taxpayer cannot afford.


The U.S. Government is cheating you by not funding the social benefit trust fund that is required to be able to pay these social benefit promises.


The U.S. Government is paying itself, its direct and indirect employees, and its supporting businesses much more than the U.S. taxpayer can afford.


The U.S. Government is not taxing the U.S. citizens and businesses nearly enough to pay our current year expenditures.


The U.S. Government is pretending to collect taxes from you to fund the social benefit trust fund but is immediately "borrowing" these paid in Social Security and Health Care taxes and using that money to help overpay itself, its direct and indirect employees, and its supporting businesses.


The U.S. Government is not collecting nearly enough tax revenue from the upper class to pay the future social benefit promises that the U.S. Government has made to you.


The U.S. Government is using a corrupt and fraudulent accounting system to help conceal the fact that it is not adequately funding the social benefit trust fund.


The U.S. Government is making the ruling class prosperous and even wealthy by paying themselves more that the U.S. taxpayer can afford.


The U.S. Government is making the upper class super prosperous and super wealthy by not taxing them enough to pay the ruling class and by not taxing them enough to fund the social benefit promises that the U.S. Government has made to you.


The U.S. Government is putting the rest of the U.S. citizens on a path toward financial devastation by promising social benefits and not funding these social benefit promises.


The people in the U.S. Government or that work for the U.S. Government love this fiscal policy because they have paid themselves $18.1 Trillion more than the U.S. taxpayer can afford.


The people on Wall Street and in the upper class really really love this fiscal policy since it has given them $100.9 Trillion by undertaxing them.


The rest of the U.S. citizens (the "Common Man") are headed toward financial devastation by relying on these lies from the U.S. Government.


See Cheating the Common Man! as posted on www.usaponzi.com for more details about this U.S. Government fraud and the resulting Ponzi scheme which I have named USAPonzi.


The Solution

This situation can only be resolved by the U.S. Government adopting GAAP Accounting and committing to a nominally balanced GAAP basis budget.  This will ensure an equitable and sustainable Fiscal Policy.


John W. White
Plano, TX