Target earnings beat estimates by US Gov Fraud 210519
May 19, 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 5/19/21
Target earnings beat estimates because the corrupt U.S. Government is in the process of printing an infinite amount of counterfeit money!
Target and Walmart should both be able to sell a lot of stuff when the corrupt U.S. Government is in the process of printing an infinite amount of counterfeit money!
I am a whistleblower! The U.S. Government is corrupt!
The corrupt and criminal U.S. Government has already printed $148.0 Trillion of counterfeit money!
Target sales jump 23% as exclusive brands, curbside pickup draw in shoppers
PUBLISHED WED, MAY 19 2021
Target said Wednesday fiscal first-quarter sales rose 23%, as investments it made in exclusive brands and services like curbside pickup strengthened customer loyalty and kept them coming back.
The retailer also said it is benefiting from rising vaccination rates, a reopening economy and busier social calendars: Customers gravitated to new merchandise, especially clothes. Some returned to browsing again inside of stores.
“We are seeing a much more optimistic consumer, who is excited about getting back to the life that they haven’t lived for the last year,” CEO Brian Cornell said in an interview on CNBC’s “Squawk Box.”
Buoyed by this confidence, Target offered a second-quarter forecast that was well above Wall Street’s expectations, despite facing tough year-over-year comparisons.
Other retailers, including Walmart, Home Depot and Macy’s, have posted surprisingly strong first-quarter results, too. The companies have attributed sales gains, in part, to customers having more money in their pockets from stimulus checks. Walmart and Macy’s said customers are buying items like luggage and teeth whitener as they travel and go to parties again. But they haven’t stopped investing in their homes yet, which was a trend that began last year.
Target, Walmart, Home Depot, Macy’s, Apple, and Amazon have all posted surprisingly strong first-quarter results because the U.S. Government is corrupt! The U.S. Government is committing a fiscal and accounting fraud by not operating it fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting) and as a result is in the process of printing an infinite amount of counterfeit money that Americans are using to buy an infinite amount of stuff from Target, Walmart, Home Depot, Macy’s, Apple, and Amazon!
The CEO’s of these and many other companies will be able to give very optimistic outlooks as long as the corrupt U.S. Government keeps printing counterfeit money!
The corrupt and criminal U.S. Government is committing a fiscal and accounting fraud, a Ponzi scheme I have named USAPonzi, to enrich the U.S. upper class by cheating the U.S. general public! The corrupt and criminal U.S. Government is tricking the U.S. general public into thinking they will get future U.S. Government benefits, valued at $119.7 Trillion, that the corrupt U.S. Government is not funding so that it can undertax and enrich the U.S. upper class by $148.0 Trillion!
The corrupt and criminal U.S. Government is running a classic Ponzi scheme/accounting fraud, I call it USAPonzi, that is in the process of fraudulently borrowing an infinite amount of money, I call it imaginary-counterfeit money, from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class!
Americans, especially the U.S. upper class, will be able to buy an infinite amount of stuff from Target with this infinite stream of imaginary-counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!
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 we can buy a whole lot more stuff from Target!
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 and so Americans can buy a whole lot of stuff from Target with imaginary-counterfeit money!
The U.S. general public is not going to be happy when they find out that they are being cheated so the U.S. upper class can get really rich with imaginary-counterfeit money!
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!
When this now $148.0 Trillion crime by the corrupt U.S. Government is exposed, USAPonzi will implode, the imaginary-counterfeit money will evaporate, and we will not be able to buy hardly anything from Target!
This commentary (Chaos-Civil Unrest-Depression by US Gov Fraud 120508) presents my prediction of what will likely happen when this Ponzi scheme implodes!
Most Target stores will close when USAPonzi implodes!
|US National Debt
|Cash Deficit in FY2021
|GAAP Deficit in FY2021
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org May 19, 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