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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

The Velvet Rope Economy Explained 200317
March 17, 2020
Emailed to, The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 3/17/20

The truth about the truth!
If you speak truth to power and the truth does not fit the agenda of the powerful the powerful will ignore the truth!

I have spent the last seven years telling the truth about the U.S. Government accounting fraud that I call USAPonzi and have only gotten one meaningful response and that was from a retiring congressman! He said “what you say is right but this will not be addressed until it becomes a crisis!” It is now a crisis brought on by a corrupt and criminal U.S. Government!

The following commentary explains why the U.S. Government does not want to acknowledge the truth! If you are standing on the have-money side of The Velvet Rope, why would you want to tell the truth?

I saw an interview last week of the author of a new book “The Velvet Rope Economy” that is introduced with the following brief description!


From New York Times business reporter Nelson D. Schwartz comes a gripping investigation of how a virtual velvet rope divides Americans in every arena of life, creating a friction-free existence for those with money on one side and a Darwinian struggle for the middle class on the other side.

In nearly every realm of daily life–from health care to education, highways to home security–there is an invisible velvet rope that divides how Americans live. On one side of the rope, for a price, red tape is cut, lines are jumped, appointments are secured, and doors are opened. On the other side, middle- and working-class Americans fight to find an empty seat on the plane, a place in line with their kids at the amusement park, a college acceptance, or a hospital bed.

The Velvet Rope Economy has produced an opulent lifestyle for the elite at the expense of the un-elite!

The author of this book, Nelson D. Schwartz, does not answer the most meaningful question and that is; “Why does The Velvet Rope Economy exist?”

The Velvet Rope Economy exists because the U.S. Government is corrupt! The Velvet Rope Economy exists because the U.S. Government is committing a fiscal and accounting fraud!

The U.S. Government is corrupt and criminal because it is using fraudulent accounting to borrow an infinite amount of money from the future Americans and give it to the U.S. upper class! The corrupt and criminal U.S. Government has already fraudulently given The Velvet Rope Society $128.6 Trillion of counterfeit money!

The corrupt and criminal U.S. Government is using one of the oldest accounting tricks in the history of financial fraud, a classic Ponzi scheme that I call USAPonzi, to create The Velvet Rope Economy! The U.S. Government is promising future benefits to the U.S. general public but is not taxing the U.S. upper class to pay for these promises! This enriches the rich (so far by $128.6 Trillion) and cheats the unrich (so far by $105.1 Trillion)!

This has produced a social injustice gap of $233.7 Trillion between the two sides of The Velvet Rope!

This Ponzi scheme is in the process of creating infinite wealth for The Velvet Rope Society!

GAAP Accounting and a balanced GAAP basis budget by the U.S. Government will restore a level economic playing field in America! And when that happens, The Velvet Rope Economy will evaporate! There will still be a difference between the rich and the unrich but not an infinite difference!

By the way, I sent the author of The Velvet Rope Economy a response to his webpage explaining how the corrupt U.S. Government has created The Velvet Rope Economy. I got an instant auto-response:

Nelson D. Schwartz <>
Sat 3/14/2020 8:59 AM

Hi John,

Thanks for reaching out. I look forward to connecting with you.


I am not holding my breath waiting to hear back from him!

The following is a link to my fourth letter to the U.S. Congress in an attempt to expose this corruption within the U.S. Government!

Whistleblower Letter #4 to the U.S. Congress

I have written two websites ( and and seven books (the latest is USAPonziD which is available on Amazon) that explain this fraud and the impact it is having on Planet Earth!

I have also, written Whistleblower Letter #2 to Planet Earth in an effort to provide a concise explanation of this U.S. Government fiscal and accounting fraud that I call USAPonzi.

Financial data presented in this commentary was sourced from on March 17, 2020!

John W. White
Plano, TX