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

Oprah Winfrey-Presiding over Fraud?
January 9, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 1/9/18


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post”, and “The Dallas Morning News” to inform Oprah Winfrey that she may be considering a plan to run for President of a corrupt and criminal country that has fraudulently given her $2.8 Billion!


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”!


At some point, when the “news media” fails to follow its ethical responsibility to inform the general public of this U.S. Government fraud, ethical responsibility failure transitions to a criminal act by the “news media” for aiding and abetting the corrupt and criminal U.S. Government!


Oprah Winfrey-Presiding over Fraud?

January 9, 2018


Oprah, please do not soil your good, good name by getting involved in political corruption unless you know what you are getting into and are doing so to help repair the tarnished reputation of the United States of America! We must make America honest again before we can make America great again!


The corrupt and criminal U.S. Government has fraudulently given you $2.8 Billion by operating with a fraudulent accounting system!


I find it hard to believe that Oprah Winfrey would knowingly preside over a fraudulent U.S. Government unless she was dedicated to exposing and resolving this fiscal and accounting fraud!


After her outstanding speech at the Golden Globe Awards on January 7, 2018, Oprah Winfrey may be considering a plan to run for President of the United States in 2020. She is considering this plan because she has observed that it does not take a seasoned politician to win an election for President of the United States. If Donald Trump can win as a rich business man and entertainer, why couldn't she be able to win as a rich business woman and entertainer? And Oprah has another huge advantage over Trump, most people like and respect her!


What neither she nor Trump understand is that they both appear to be rich business people because the Government of the United States of America is corrupt! My advice to Oprah is do not run for President unless you clearly understand this corruption! The U.S. Government is about to implode because of the corruption and criminal activity that is being conducted in Washington, DC! Most of her wealth and Trump's wealth will evaporate when the planet is made aware of the $111.6 Trillion fiscal and accounting fraud that the corrupt and criminal U.S. Government is perpetrating! The U.S. Government is fraudulently undertaxing the U.S. upper class by $111.6 Trillion to appear to make them very rich!


Since fiscal year 1969, the U.S. Government has been operating with Cash Accounting rather than proper and Generally Accepted Accounting Principles (GAAP Accounting). This accounting fraud has allowed the U.S. Government to stealthily and fraudulently borrow $111.6 Trillion from the future Americans and give it to the current Americans, primarily the U.S. upper class. This fiscal and accounting fraud has produced a classic Ponzi scheme that I have named USAPonzi.


This fraud is enriching the U.S. upper class by undertaxing them by $111.6 Trillion! This fraud is cheating the U.S. general public because the U.S. Government has underfunded by $91.0 Trillion the future benefit promises that the U.S. Government has made to the U.S. general public! This fraud is cheating the rest of the planet because the U.S. Government has borrowed $111.6 Trillion (unfunded future benefits ($91.0T) + national debt ($20.6T)) of monopoly money from the future Americans that the current Americans have used to buy goods and services from the rest of the planet!


This fraud has produced $111.6 Trillion of monopoly money that the U.S. Government has used to deploy the most powerful military capability ever assembled.


Both Trump and Oprah appear to be wealthy because the U.S. Government has borrowed $111.6 Trillion of monopoly money from the future Americans and given it to the U.S. upper class! The corrupt and fraudulent U.S. Government has undertaxed the U.S. upper class by $111.6 Trillion (US Unfunded Liabilities (GAAP)) to fraudulently enrich Trump, Oprah, and all of the U.S upper class!


Oprah, I would advise you to avoid what will be the most traumatic financial and economic unraveling ever experienced because of the fraud and corruption in Washington, DC!

 

National Debt  $20.6 Trillion 
Cash Deficit in FY2018  $0.66 Trillion 
GAAP Deficit in FY2018  $5.98 Trillion 
US Unfunded Future Liabilities  $91.0 Trillion 
US Unfunded Liabilities (GAAP)  $111.6 Trillion 
Imaginary-Counterfeit Money  $111.6 Trillion 
Total National Assets  $134.4 Trillion 

Source: www.usdebtclock.org January 9, 2018


To eliminate this fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.


I have published a website www.usaponzi.net that explains how this fraud works to create a massive global wealth and income gap between the haves and the have-nots and to create false wealth and prosperity for the current Americans. The www.usaponzi.net website is an introduction to my more detailed website www.usaponzi.com and my books “USAPonzi” (Nov 22, 2015) and “USAPonzi2” (May 1, 2017) which are available on Amazon to better explain this fraud/Ponzi scheme.


This fraud/Ponzi scheme is also explained in “short story style” in my October 1, 2017 commentary USAPonzi CliffsNotes and in my October 8, 2017 commentary USAPonzi Elevator Speech.


This is the biggest ($111.6 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