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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

The $150.7 Trillion Gift 210626
June 26, 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 6/26/21


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


The corrupt U.S. Government is cooking the books” to create
economic inequality, to enrich the U.S. upper class, to cheat the U.S. general public, to cause social injustice, to cause Global Warming, and to cause the Coronavirus Pandemic!


The U.S. Government has given the U.S. upper class a gift of $150.7 Trillion (US Unfunded Liabilities (GAAP)) by fraudulently borrowing it from the future Americans when the future Americans do not have $150.7 Trillion!


America appears to be the richest and most powerful country on Planet Earth because the corrupt U.S. Government has fraudulently borrowed $150.7 Trillion from the future Americans and given it to the U.S. upper class by undertaxing them!


Because of this $150.7 Trillion gift and the ongoing GAAP basis deficit spending of the U.S. Government


The U.S. upper class is getting richer and richer!
The U.S. economy is getting stronger and stronger!
The global stock market is going higher and higher!
Americans are buying way too many cars!
Americans are riding on way too many
airplanes!
Americans are going on way too many cruises!
Americans are planning on way too many space rides!
Americans are building way too many houses!
Americans are building way too many condos!
Americans are building way too many apartments!
Amazon
is selling way too much stuff!
Walmart is selling way too much stuff!
Nike is selling way too much stuff!
Apple is selling way too many iPhones!
Microsoft is selling way too much software!
Netflix is selling way too many video subscriptions!
Gamestop is selling way too many games!
Facebook is selling way too many ads!
Goggle is selling way too many ads!
China is selling way too much stuff!
Football players and entertainers are being paid way too much!


Americans are buying stuff with fake money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


And the corrupt U.S. Government is printing more fake money every day!


In January of 1968, Lyndon Baines Johnson determined that if the U.S. Government would just borrow an infinite amount of money from the future Americans and give it to the U.S. upper class, the current Americans could buy an infinite amount of stuff and not have to pay for any of it!


This idea has worked so well, we have just kept on doing it for the last 52 years!



The corrupt U.S. Government is borrowing an infinite amount of money from the future Americans and giving it to the U.S. upper class!


The corrupt U.S. Government is not operating its fiscal policy according to proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The corrupt U.S. Government is “cooking the books” by fraudulently borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government has fraudulently given the U.S. upper class $150.7 Trillion by undertaxing them and has fraudulently cheated the U.S. general public out of $122.3 Trillion by underfunding the future benefit promises! The corrupt U.S. Government has created a $273.0 Trillion social injustice gap between the U.S. upper class and the U.S. general public!


Apparently, the corrupt U.S. Government likes the U.S. upper class a whole lot more than the U.S. general public!


The corrupt U.S. Government is being run by common criminals that have committed a $150.7 Trillion crime!


The corrupt U.S. Government 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 and giving it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government is “cooking the books” by promising to pay future benefits but is not using Generally Accepted Accounting Principles (GAAP Accounting) to accrue the money pay these future benefits! Because of this fraud, the corrupt U.S. Government has fraudulently enriched the U.S. upper class by $150.7 Trillion (US Unfunded Liabilities GAAP)) and cheated the U.S. general public out of $122.3 Trillion (US Unfunded Future Liabilities) of future benefits!


The following notional chart shows how the corrupt U.S. Government has been fraudulently borrowing imaginary-counterfeit money from the future Americans since 1969 when the corrupt U.S. Government adopted the Unified Budget! As of June 24, 2021, the corrupt U.S. Government has fraudulently borrowed $150.7 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class!


The rate at which the corrupt U.S. Government is fraudulently borrowing imaginary-counterfeit money from the future Americans is increasing exponentially and could reach a quadrillion dollars (a thousand trillion dollars) by 2045 so Americans, especially the U.S. upper class, can appear to get richer and richer, the U.S. Economy can appear to get stronger and stronger, and the stock market can go higher and higher!


The U.S. general public is going to “MAD AS HELL” at the U.S. Government when they find out about this corruption within the U.S. Government!





 

The corrupt U.S. Government is “cooking the books” so the current Americans can fill up Planet Earth with cars, airplanes, houses, condos, apartments, T-shirts, tennis shoes, smartphones, TVs, computers, guns, bombs, etc, etc and not have to pay for any of it!


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


This infinite number of cars, airplanes, houses, etc, etc is what is
causing Global Warming!


That's right, the corrupt U.S. Government is causing Global Warming!


The corrupt
U.S. Government is a
Criminal Enterprise!



US National Debt  $28.4 Trillion 
Cash Deficit in FY2021  $3.29 Trillion 
GAAP Deficit in FY2021  $15.44 Trillion 
US Unfunded Future Liabilities  $122.3 Trillion 
US Unfunded Liabilities (GAAP)  $150.7 Trillion 
Imaginary-Counterfeit Money  $150.7 Trillion 
US Total National Assets  $172.9 Trillion 

Source: www.usdebtclock.org June 26, 2021


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud/Ponzi scheme 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.


John W. White
Plano, TX