Social Distancing and Accounting Fraud 200704
July 04, 2020
Emailed to The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 7/6/20.
I am a whistleblower! The U.S. Government is corrupt!
The corrupt U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting)! The corrupt U.S. Government is being run by common criminals that have committed a $153.0 Trillion crime!
The following is a link to my whistleblower letter to the U.S. general public that explains how the corrupt U.S. Government is enriching the rich and cheating the unrich!
Whistleblower Letter #1 to the U.S. general public
In this commentary, I will explain how the corrupt U.S. Government is committing a fiscal and accounting fraud that is causing us to have to maintain Social Distancing! This fiscal and accounting fraud, I call it USAPonzi, is in the process of printing an infinite supply of imaginary-counterfeit money so that we can live closer and closer together and can attend more and more and larger and larger gatherings!
We are now paying the price for living ever-closer together and congregating in ever-larger gatherings because we have an infinite supply of imaginary-counterfeit money so we (at least the U.S. upper class) can live wherever we want to and travel to and attend large gatherings whenever and wherever we want to!
The corrupt U.S. Government is in the process of printing an infinite supply of imaginary-counterfeit money, by fraudulently borrowing it from the future Americans with GAAP basis deficit spending!
Author's note: The future Americans have an infinite supply of imaginary-counterfeit money, after all it is imaginary (definition: existing only in the imagination)!
Now we still want to congregate in close quarters and spend our infinite supply of imaginary-counterfeit money to entertain ourselves, but we must wear a mask and maintain six feet of social distancing to participate in events that have more than 10 people!
Imaginary-counterfeit money keeps us close and germs keep us apart!
And the corrupt U.S. Government is the cause of this dilemma!
This U.S. Government accounting fraud is in the process of printing an infinite supply of imaginary-counterfeit money which allows Americans to work less and play more!
We are going out to eat, flying on airplanes, going on cruises, going to concerts, going to sporting events, going to resorts, staying in hotels etc etc with imaginary-counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!
The corrupt U.S. Government accounting fraud that I call USAPonzi, has caused the Coronavirus Pandemic and now we are suffering the consequences of working, living, and playing closer and closer together!
Until the corrupt U.S. Government stops printing imaginary-counterfeit money, so far $153.0 Trillion, we will continue to work less, play more, live closer and closer together, and congregate in larger and larger venues to spead more and more germs!
The need for Social Distancing has been caused by U.S. Government accounting fraud!
The following is a link to my fifth whistleblower letter to the U.S. Congress in an attempt to expose this fraud and corruption within the U.S. Government!
Whistleblower Letter #5 to the U.S. Congress
|US National Debt
|Cash Deficit in FY2020
|GAAP Deficit in FY2020
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org July 4, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP). US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020, therefore the GAAP Deficit in FY2020 will be >$26.9 Trillion (>$153.0T-$126.1T = >$26.9T).
I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.
This is the biggest ($153.0 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!
John W. White