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

Opioid Crisis Caused by US Gov Fraud! 190901
September 1, 2019
Emailed to 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/DMN, and Dallas Mayor Eric Johnson on 9/1/19
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Johnson & Johnson Ordered to Pay $572 Million in Landmark Opioid Trial
August 27, 2019
NYT


Sacklers Would Give Up Ownership of Purdue Pharma Under Settlement Proposal
August 27, 2019
NYT


The drug companies are having to pay a heavy price for their role in the Opioid (and other drugs) crisis! And the drug companies want to blame the distributors and the doctors that are promoting and prescribing these drugs!


However, the primary culprit in this Opioid/drug crisis is the U.S. Government!


The U.S. Government is committing a fiscal and accounting fraud that is printing counterfeit money to incent a lot of bad actors to do bad things in order to make millions and billions of counterfeit money by dealing in drugs!


The bad actors would not do so many bad things if these drugs were being purchased with real money, money that has already been earned by doing or making something of value, rather than the counterfeit money that the U.S. Government is printing! The value of doing these bad things would drop precipitously if these drugs were being bought with real money! The amount of real money in the global economy is miniscule compared to the amount of counterfeit money, currently $125.6 Trillion!


The corrupt U.S. Government is committing fiscal and accounting fraud so that it can borrow an unlimited amount of money from the future Americans and give it to the U.S. upper class!


The corrupt U.S. Government has already printed $125.6 Trillion of imaginary-counterfeit money and the bad actors are doing bad things to collect big chunks of this imaginary-counterfeit money!


So, while the drug companies are paying fines, the drug dealers are getting rich, the doctors are getting kickbacks, and the users are getting addicted and dying, it is the U.S. Government that is the primary culprit in this Opioid/drug crisis!


The U.S. Government is printing counterfeit money, so far $125.6 Trillion so Americans will have both the money and the time to buy and use drugs! Many Americans, maybe even most Americans, do not have to work for a living, they are fraudulently living on this $125.6 Trillion of counterfeit money that the U.S. Government has fraudulently borrowed from the future Americans!


Americans have money to live on, money to buy drugs, and idle time to use drugs because of this U.S. Government fiscal and accounting fraud! This is a recipe for disaster! This accounting fraud has caused social disintegration in America simply by printing $125.6 Trillion of counterfeit money!


But since many, maybe even most, Americans do not have work for a living we have to have illegal immigrants come into America do the menial work that needs to be done! Why should Americans have to work for a living when fraudulently funded U.S. Government benefits pay more than working!


See my Open Letter to Planet Earth that explains how the U.S. Government is printing this counterfeit money to make dealing in drugs a lucrative endeavor! The U.S. upper class is getting rich from this infinite supply of imaginary-counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans!


This accounting fraud is what is causing the wealth and income gap! The U.S. Government is in the process of giving the U.S. upper class an infinite amount of imaginary-counterfeit money!


This same accounting fraud is what is making healthcare a lucrative business! Healthcare costs are going up like a skyrocket because this fraud just prints more and more counterfeit money! We are buying our healthcare with this infinite supply of imaginary-counterfeit money! The rich can pay outrageous prices for their healthcare because they get most of this infinite supply of imaginary-counterfeit money!


And in the end, very few people are paying for things with real money, we are transacting business primarily with the imaginary-counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans!

 

National Debt $22.5 Trillion
Cash Deficit in FY2019 $1.00 Trillion
GAAP Deficit in FY2019 $6.13 Trillion
US Unfunded Future Liabilities $103.1 Trillion
US Unfunded Liabilities (GAAP) $125.6 Trillion
Imaginary-Counterfeit Money $125.6 Trillion
Total National Assets $157.0 Trillion

Source: www.usdebtclock.org September 1, 2019


This accounting fraud/Ponzi scheme can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government!


You can learn more about this fraud/Ponzi scheme by reading my websites www.usaponzi.net and www.usaponzi.com or better yet by reading my fifth book on USAPonzi “USAPonziB which is available on Amazon and on my websites in Kindle and PDF formats.


This is the biggest ($125.6 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