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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Tesla Stupidity caused by US Gov Fraud 211008
October 8, 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 10/8/21


Stupid
having or showing a great lack of intelligence or common sense.


Stupid is a harsh and critical word but the corrupt U.S. Government is causing Planet Earth to do and experience some really stupid even disasterous things! As an example, it is stupid and criminal for the U.S. Government to promise future benefits to the U.S. general public and not accrue the money to pay for these future benefits!


Tesla
 is stupidly building more Gigafactories in Austin, TX and Berlin because the stupid and incompetent Tesla management has been fooled by the stupid, incompetent, corrupt, and criminal management of the U.S. Government


The only reason Tesla is selling even a single car right now is because the stupid, incompetent, corrupt, and criminal U.S. Government has stolen $157.7 Trillion from the future Americans and given it to the U.S. upper class!


This Tesla stupidity and incompetence and this U.S. Government stupidity, incompetence, corruption, and criminality has already stolen a billion cars from the future Americans (See A Billion Stolen Cars 201026)!


We now have cars and trucks running out of our ears!


And the entire planet is now stupidly convinced that we need a whole-hell-of-a-lot more chips so we can build a whole-hell-of-a-lot more cars and trucks!


The U.S. upper class is getting rich, Elon Musk is getting super rich, Tesla is building useless factories, the planet is overrun with cars and trucks, the planet is burning up, the planet is getting sick, the planet is being destroyed, and the lower classes will not be able to pay their rent and buy their food because the stupid, incompetent, corrupt, and criminal U.S. Government has reneged on $128.8 Trillion of future benefit promises to the U.S. general public!


https://electrek.co/2021/09/17/tesla-tsla-reach-million-deliveries-2022/
Tesla (TSLA) is expected to reach 1.3 million deliveries in 2022
Fred Lambert
Sep. 17, 2021



According to a new analysis from Wedbush, Tesla (TSLA) is expected to reach 1.3 million deliveries in 2022.


The automaker is apparently getting ahead of current supply chain issues plaguing the auto industry.


Ahead of the start of 2021, some industry watchers thought it could be the year Tesla breaks a million deliveries.


However, like the rest of the auto industry, Tesla has been hit by supply chain problems.


The company navigated the global chip shortage fairly well, but it has also become clear that the openings of its new factories, Gigafactory Texas and Gigafactory Berlin, are not going to happen until the end of the year.


These two new factories are critical to Tesla increasing its delivery volume.


In a new note, Dan Ives, Wedbush Securities analyst, said that he now expects Tesla to deliver 900,000 vehicles this year and grow to 1.3 million vehicles in 2022.


 

This is stupidity! This is stupidity on steroids!


Tesla has made the stupid decision to continue to build Gigafactories (latest in Austin,TX and Berlin) because the corrupt U.S. Government is printing an infinite amount of counterfeit money by fraudulently borrowing it from the future Americans so Planet Earth can appear to buy an infinite number of cars, trucks, airplanes, houses, etc. etc. with monopoly money!


I predict that if the corrupt and criminal U.S. Government were to continue this fiscal and accounting fraud until 2030, it would print $378 Trillion of counterfeit money (see chart below) which is more than double what the corrupt U.S. Government has already printed, currently $157.7 Trillion, so the stupid and incompetent Tesla management thinks they can keep building more cars and trucks!


Tesla's revenues are not going to increase by 40% per year as Elon Musk claims, Tesla's revenues are going to crash by 95-100% when this U.S. Government stupidity, incompetence, corruption, and criminality is properly exposed! Just about the last thing we need right now is more cars and trucks!


The corrupt and criminal U.S. Government has already fraudulently borrowed $157.7 Trillion of counterfeit money (US Unfunded Liabilities (GAAP)) from the future Americans so it looks like Planet Earth can buy a whole-hell-of-a-lot of cars and trucks!


Tesla is making a huge stupid mistake just like many companies have be doing since 1969 when the U.S. Government started “cooking the books”! These mistakes just keep getting bigger and bigger because the corrupt and criminal U.S. Government is printing counterfeit money at an exponentially increasing rate!


We would not be burning near as much gas and oil if the corrupt U.S. Government would stop printing an infinite amount of counterfeit money so Planet Earth can buy and build an infinite number of cars, trucks, airplanes, boats, motorcycles, houses etc, etc!


Tesla will soon have 4 gigafactories (Fremont, CA, Austin, TX, Berlin, and Shanghai) that will all be ghost factories when this U.S. Government fiscal and accounting fraud, that I call USAPonzi is properly exposed!


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books”!


The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, by not operating its fiscal policy with proper accrual accounting! The corrupt U.S. Government has fraudulently borrowed $157.7 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the current Americans can buy a whole-hell-of-a-lot of cars and trucks with monopoly money!


The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting (GAAP Accounting) and as a result is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of printing an infinite amount of counterfeit money, I call it imaginary-counterfeit money, by fraudulently borrowing it from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


This fraud was started in 1969 when a scoundrel, Lyndon Baines Johnson, proposed and the corrupt U.S. Congress approved the Unified Budget but did not switch from Cash Accounting to GAAP Accounting that would properly accrue the money to pay future U.S. Government benefits to the U.S. general public!


The following chart shows how the corrupt U.S. Government started fraudulently borrowing imaginary-counterfeit money from the future Americans in 1969 and, so far, has fraudulently borrowed $157.7 Trillion and given it to the U.S. upper class!


This chart also gives a graphical projection of how the corrupt U.S. Government, with the current Ponzi scheme fiscal policy, could fraudulently borrow over a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans by 2041 and give it to the U.S. upper class so the entire planet can buy and build a whole-hell-of-a-lot more cars, trucks, airplanes, houses, etc, etc, with a Quadrillion dollars of imaginary-counterfeit money!






My 15th whistleblower letter to my congressman Van Taylor 210921 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of the corruption within the U.S. Government!


The fools on Wall Street and the fools in Tesla have been fooled by the criminals in Washington! In the defense of Wall Street and Tesla, the corrupt U.S. Government may have fooled itself! We do not yet know if the people in the U.S. Government are accidental fools or intentional criminals! I suggest that we have some of each but they are all criminals whether they know it or not!

 

US National Debt  $28.9 Trillion 
Cash Deficit in FY2022  $3.00 Trillion 
GAAP Deficit in FY2021 
$17.48 Trillion 
US Unfunded Future Liabilities  $128.8 Trillion 
US Unfunded Liabilities (GAAP)  $157.7 Trillion 
Imaginary-Counterfeit Money 
$157.7 Trillion 
US Total National Assets 

$199.2 Trillion 

Source: www.usdebtclock.org October 8, 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 be downloaded from my websites in pdf format.


My commentary Fed-Asleep At The Switch 210901 gives a summary of the issues that this Ponzi scheme/accounting fraud is causing!


John W. White

Plano, TX