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

Super-Juicing the Global Economy by Fraud
February 15, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 2/15/18


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post”, and “The Dallas Morning News” that explains how the U.S. Government is
“Super-Juicing the Global Economy” by committing fiscal and accounting fraud!


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”!


The “news media” is aiding and abetting the corrupt and criminal U.S. Government by refusing to report this fiscal and accounting fraud!


Super-Juicing the Global Economy by Fraud
February 15, 2018


The U.S. Government is “Super-Juicing the Global Economy” by committing fiscal and accounting fraud! The U.S. Government is not operating its fiscal policy with accrual accounting! Because the U.S. Government is not using accrual accounting, the U.S. Government is not only overspending on a cash basis it is also not properly accruing for the future benefit promises that it has made to the U.S. general public!


As a result, the U.S. Government is fraudulently borrowing money ($112.1 Trillion so far) from the future Americans, money that the future Americans do not have, and giving it to the current Americans to “Super-Juice the Global Economy”! The U.S. Government is digitally printing imaginary-counterfeit money to fraudulently super-juice (radically stimulate) the global economy!


The U.S. Government is committing fiscal and accounting fraud in an attempt to gain economic, financial, political, and military advantage over the rest of the planet! The corrupt and criminal U.S. Government is operating with an improper accounting system to “Super-Juice the Global Economy”! The U.S. Government, by not using proper GAAP Accounting, has stealthily underfunded the future benefit promises to the U.S. general public by $91.5 Trillion (US Unfunded Future Liabilities) and has overspent on a Cash basis by $20.6 Trillion (National Debt).


By not operating with proper GAAP Accounting, the U.S. Government has deferred $112.1 Trillion of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans and undertaxed the current Americans by $112.1 Trillion! The U.S. Government has fraudulently borrowed $112.1 Trillion from the future Americans and given it to the current Americans! By using fraudulent accounting, the corrupt and criminal U.S. Government has fraudulently and stealthily created $112.1 Trillion of imaginary-counterfeit money out of “thin air” and given it to the current Americans, primarily the U.S. upper class (See The Concept of Imaginary-Counterfeit Money)!


The corrupt U.S. Government is using financial accounting fraud to print imaginary-counterfeit money to “Super-Juice the Global Economy”! Americans, primarily the U.S. upper class, are getting rich with imaginary-counterfeit money and Americans are buying a lot of stuff they cannot afford because they are buying this stuff with imaginary-counterfeit money that the U.S. Government has fraudulently borrowed from the future Americans!


GAAP basis deficit spending digitally prints imaginary-counterfeit money!


The U.S. Government is borrowing $16.4 Billion more imaginary-counterfeit money from the future Americans every day and giving it to the U.S. upper class (GAAP Deficit in FY2018 of $5.98T/365 days = $16.4B/day)! The corrupt and criminal U.S. Government is creating imaginary-counterfeit money out of “thin air” at the rate of $16.4 Billion a day and giving it to the U.S. upper class with GAAP basis deficit spending!


The global economy appears to be in synchronized global growth mode simply because the corrupt and criminal U.S. Government is fraudulently borrowing $16.4 Billion of imaginary-counterfeit money from the future Americans every single day and giving it to the current Americans, primarily the upper-class Americans!


The U.S. Government is reporting its financial status on a Cash basis but is incurring GAAP basis deficit spending of $16.4 Billion every day to “Super-Juice the Global Economy” and to enrich the U.S. upper class! The corrupt and criminal U.S. Government has fraudulently enriched the U.S. upper class by $112.1 Trillion!


Americans are filling the planet with junk purchased with imaginary-counterfeit money that the corrupt and criminal U.S. Government is fraudulently borrowing from the future Americans. The upper-class Americans are getting rich simply because the U.S. Government is borrowing money from the future Americans that the future Americans do not have and giving it to the current Americans, primarily the U.S. upper class! This is a classic Ponzi scheme that is “Super-Juicing the Global Economy”! $112.1 Trillion of imaginary-counterfeit money has to be considered “Super-Juicing”!


The U.S. GDP is dramatically overstated because the corrupt and criminal U.S. Government has printed $112.1 Trillion of imaginary-counterfeit money to radically stimulate the U.S. and global economy! The corrupt and criminal U.S. Government has given the U.S. upper class $112.1 Trillion by deferring $112.1 Trillion of public liabilities to the future Americans! The corrupt and criminal U.S. Government gives the current Americans another $16.4 Billion of imaginary-counterfeit money every day!


This is a $112.1 Trillion fraud! This is a $112.1 Trillion Ponzi scheme that I have named USAPonzi!


This is why the global economy appears to be in synchronized growth mode! This is why the stock market continues to go up! The corrupt and criminal U.S. Government is “Super-Juicing the Global Economy” by printing imaginary-counterfeit money ($112.1 Trillion so far) with accounting fraud and giving it to the U.S. upper class by undertaxing them!


This is why the Saudi Princes are so rich! This is why Trump is so rich! This is why Putin is so rich! This is why Buffett, Gates, and Bezos are so rich! The corrupt and criminal U.S. Government is digitally printing imaginary-counterfeit money with GAAP basis deficit spending and giving it to the U.S. upper class by undertaxing them!


This money is imaginary because it does not exist! The U.S. Government just imagines that the future Americans can pay this money someday but it is counterfeit because the future Americans can never pay this money!


USAPonzi is a $112.1 Trillion fraud that is being perpetrated by the corrupt and criminal U.S. Government!


The corrupt and criminal U.S. Government is being run by a bunch, actually two bunches, of common criminals!


This is the way Ponzi schemes tend to operate, enrich the early participants in the scheme with money coming in from the late participants in the scheme. The phantom gains to the early participants tend to be the most lucrative (now $16.4 Billion a day for USAPonzi) just before the Ponzi scheme implodes!


We are approaching the implosion point for USAPonzi after operating this Ponzi scheme for the nearly 49 years since FY1969 (See The Implosion of USAPonzi)!


The U.S. Government is “Super-Juicing the Global Economy” by committing fiscal and accounting fraud!

 

National Debt  $20.6 Trillion 
Cash Deficit in FY2018  $0.65 Trillion 
GAAP Deficit in FY2018  $5.98 Trillion 
US Unfunded Future Liabilities  $91.5 Trillion 
US Unfunded Liabilities (GAAP)  $112.1 Trillion 
Imaginary-Counterfeit Money  $112.1 Trillion 
Total National Assets  $135.3 Trillion 

Source: www.usdebtclock.org Feb 15, 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), “USAPonzi2” (May 1, 2017), and  “USAPonzi3” (Feb 1, 2018) which are available on Amazon to better explain this fraud/Ponzi scheme.


This is the biggest ($112.1 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