USAPonzi-The Biggest Ponzi Scheme on the Planet-The U.S. Government

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Stock Market Highs-Criminality or Stupidity 210714
July 14, 2021
Emailed to United Nations, 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/CNBC/DMN on 7/14/21


I am a whistleblower! The U.S. Government is corrupt!


The corrupt U.S. Government is committing a fiscal and accounting fraud by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The corrupt U.S. Government is printing an infinite stream of counterfeit money with GAAP basis deficit spending and giving it to the U.S. upper class by undertaxing them!


The current Americans are buying cars, flying on airplanes, going on cruises, buying and renting houses, condos, and apartments, buying stuff from Amazon, buying everything under the sun with this infinite stream of counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


The stock market has been continually going up for 52 years because the corrupt U.S. Government has been printing an infinite stream of counterfeit money for the last 52 years and giving it to the U.S. upper class!


The stock market continually goes up because the corrupt U.S. Government is fraudulently and continually borrowing an infinite stream of counterfeit money, so far $150.9 Trillion, from the future Americans and giving it to the U.S. upper class!


How did this corruption within the U.S. Government get started to produce these fraudulent but ever-increasing stock market highs?


Are these continual stock market highs caused by intentional U.S. Government criminality or by accidental U.S. Government stupidity?


criminality

behavior that is contrary to or forbidden by criminal law
stupidity
behavior that shows a lack of good sense or judgment


The corrupt U.S. Government is committing a fiscal and accounting fraud that is
enriching the U.S. upper class, cheating the U.S. general public, and destroying Planet Earth by causing Global Warming!


Is the corrupt U.S. Government knowingly committing this criminal act or is the corrupt U.S. Government just stupidly committing this criminal act and not even realizing it is a criminal act?


The corrupt U.S. Government is “cooking the books”!


The corrupt U.S. Government is
fraudulently borrowing an infinite amount of money, so far $150.9 Trillion, from the future Americans and giving it to the U.S. upper class which is fraudulently causing the U.S. upper class to get richer, the U.S. economy to get stronger, and the stock market to continually go higher!


The corrupt U.S. Government is promising and paying benefits to the U.S. general public but is not using proper and Generally Accepted Accounting Principles (GAAP Accounting) to accrue the money to pay these future benefits!


The U.S. general public is getting cheated, so far by $122.4 Trillion (US Unfunded Future Liabilities), because the corrupt U.S. Government is not accruing for future benefits and these future benefits for the U.S. general public are now unfunded!


The U.S. upper class is getting enriched, so far by $150.9 Trillion (US Unfunded Liabilities (GAAP)), because the corrupt U.S. Government is not accruing for future benefits to the U.S. general public and the U.S. upper class has been undertaxed by $150.9 Trillion!


Because of this U.S. Government fiscal and accounting fraud, the U.S. upper class is getting filthy rich and the U.S. general public is getting screwed!


The rest of the planet is getting cheated because Americans are buying stuff with counterfeit money, so far $150.9 Trillion, that the corrupt U.S. Government is fraudulently borrowing from the future Americans! Americans are buying everything under the sun with monopoly money!


Because the U.S. Government is not using proper GAAP Accounting, the corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is fraudulently borrowing an infinite amount of money from the future Americans, I call it imaginary-counterfeit money, and giving it to the current Americans, primarily the U.S. upper class, so the current Americans can buy an infinite amount of stuff with monopoly money!


This is fraud because the corrupt U.S. Government is borrowing money from the future Americans that the future Americans do not have! This is not a small fraud! The corrupt U.S. Government has already fraudulently borrowed $150.9 Trillion of imaginary-counterfeit money from the future Americans to cause the stock market to continually set new record highs for the last 52 years!


The talking heads on CNBC think the stock market is going up because the Fed is printing counterfeit money at the rate of about $120 Billion a month, when the stock market is really going up because the corrupt U.S. Government is printing counterfeit money at the current rate of about $40 Billion a day with ongoing GAAP basis deficit spending!


The following chart gives a graphical projection of how the corrupt U.S. Government could fraudulently borrow as much as a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans over the next three decades and give it to the U.S. upper class so Americans can buy a whole lot more stuff to cause the stock market to continually set new record highs! This accounting fraud started in FY1969 when Lyndon Baines Johnson proposed and the U.S. Congress approved the fraudulent Unified Budget!





The corrupt U.S. Government is lying to and cheating the U.S. general public by promising but not funding future benefits so they can enrich the U.S. upper class with trillions of imaginary-counterfeit money so Americans can buy a whole lot of stuff with monopoly money!


The U.S. general public is not going to be happy when they find out that they are being cheated so that the U.S. upper class can make a whole lot of imaginary-counterfeit money by owning stocks in the global stock market!


This accounting fraud, that I call USAPonzi, is what is causing so many companies to want to quickly get listed on the public stock market! They want to start collecting some of this imaginary-counterfeit money that the corrupt U.S. Government is printing with GAAP basis deficit spending! The corrupt U.S. Government is currently printing about $40 Billion of imaginary-counterfeit money every day!


The corrupt U.S. Government is borrowing an infinite amount of money (imaginary-counterfeit money) from the future Americans so the current Americans can buy an infinite amount of stuff!


The rest of the planet is not going to be happy when they find out that they are being cheated because Americans are fraudulently buying stuff with imaginary-counterfeit money, so far $150.9 Trillion, that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


If the U.S. Government was operating and reporting its fiscal policy with proper GAAP Accounting, then the U.S. Government would know, the U.S. general public would know, and the rest of the planet would know that the corrupt U.S. Government has fraudulently borrowed $150.9 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class!


The corrupt U.S. Government is operating its fiscal policy with Cash Accounting rather than proper GAAP Accounting to make the global stock market appear to be very valuable!


The value of the
global stock market
 will be essentially ZERO when this Ponzi scheme that I call USAPonzi implodes and this imaginary-counterfeit money evaporates!


The global stock market
is a Joke because the corrupt U.S. Government is printing counterfeit money!


This is obviously a criminal activity but is it caused by U.S. Government criminality or by U.S. Government stupidity!



US National Debt  $28.5 Trillion 
Cash Deficit in FY2021  $3.30 Trillion 
GAAP Deficit in FY2021 
$14.64 Trillion 
US Unfunded Future Liabilities  $122.4 Trillion 
US Unfunded Liabilities (GAAP)  $150.9 Trillion 
Imaginary-Counterfeit Money 
$150.9 Trillion 
US Total National Assets 

$174.0 Trillion 

Source: www.usdebtclock.org July 14, 2021


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain USAPonzi and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can also be downloaded from my www.usaponzi.net website.


John W. White

Plano, TX