The Windfarm Debacle
November 1, 2016
Last week I went back to my home place and my hometown of Amity, MO to see what they look like now 56 years after leaving my family farm. The automation of farming has changed the landscape of farming communities dramatically. During the Great Depression, 25% of the U.S. population was directly connected to farming and today that number is 2%. As I understand it, we now have more prisoners than we have farmers. This trend is reducing the population density in rural America and in the small towns that support these farming communities.
My hometown of Amity, Mo had a reported peak population of about 300 in the 1800s and during the Great Depression the population was about 175. When I was growing up in the 1940s and 1950s Amity had population of just over 100, a church, a 12-grade school, a post office, two grocery stores, a blacksmith shop, a feed store, a garage/filling station, and a train depot. Prior to the Great Depression Amity also had two banks (both failed during the Great Depression) and 4 active churches (not a lot of agreement on faith practice). I was personally able to observe the skeletons of these banks and churches and attended 8 grades of schooling at the Amity school.
Today, Amity has a church, a post office, and a garage all of which have very minimal activity and the population is about 35. More than half of the homesteads (both in town and in the country) that were there in the 1950s are either gone or abandoned.
As they say "You can't go home again"! Things have changed dramatically.
However, the most remarkable physical appearance and economic change in the area is the appearance of giant 300 ft tall windmills. Each of these windmills is a $2-3 Million investment (See Harvesting the Wind). King City, MO, the town featured in this article, is about 15 miles northwest of Amity and these windfarms are moving south through Dekalb County. These windmills tend to be about a quarter to a half mile apart so the area around Amity now has a lot of windmills.
Windfarms: An Economic Debacle of Epic Proportions
These windfarms will be an economic debacle of epic proportions. The U.S. countryside is being polluted with these giant $2-3M structures that only appear to be economically viable because of USAPonzi. The U.S. Government fiscal and accounting fraud, that I call USAPonzi, is producing an infinite supply of imaginary-counterfeit money by fraudulently borrowing it from the future Americans which appears to make all Americans much more prosperous and wealthy than they really are. When the U.S. Government starts telling the financial truth, the investors in this wind energy business will realize what a folly they have been pursuing. These windmills are being paid for with just a little dab of the $104.0 Trillion of the imaginary-counterfeit money that the U.S. Government has, as of Nov 1, 2016, fraudulently borrowed from the future Americans. USAPonzi is a massive Ponzi scheme.
The real earned income in this region of Northwest Missouri is miniscule compared to the investment of hundreds of $millions that is being made in these windmills. The investors are being fooled because the U.S. Government is corrupt! The U.S. Government has produced $104.0 Trillion of fake money (imaginary-counterfeit money) by pretending to borrow it from the future Americans that makes this wind energy industry appear to yield an acceptable rate of return.
When USAPonzi implodes, the current Americans will lose $104.0 Trillion of imaginary-counterfeit wealth and will lose $15.6 Billion of daily imaginary-counterfeit income. This will be a very, very sad day.
These windmills will become giant silent sculptures of junk when USAPonzi implodes. USAPonzi is filling the Planet with junk purchased with the fake money (imaginary-counterfeit money) that the U.S. Government is fraudulently borrowing from the future Americans. This is fraud because the future Americans cannot come up with the $104.0 Trillion that the U.S. Government is borrowing from them.
|Cash Deficit in FY2017
|GAAP Deficit in FY2017
|Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|Total National Assets
Source: www.usdebtclock.org November 1, 2016
This fraud is explained in CliffsNotes format (USAPonzi CliffsNotes) and is also explained in much more detail on my website www.usaponzi.com and in my book “USAPonzi” which is available on Amazon in Kindle and Paperback formats and on my website in PDF format.
This is the biggest ($104.0 Trillion) financial fraud ever perpetrated; I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.
John W. White is a retired Information Technology executive who was born (1938) and raised on a farm near Amity (Dekalb County), MO. For the last several years Mr. White has been conducting a one-man campaign to expose the fraud and corruption within the U.S. Government that is causing foolish projects like these windfarms to be conducted all over the planet. USAPonzi has built the city of Las Vegas, skyscrapers in the Middle East, Ghost cities and airports in China, elaborate sport stadiums, resorts, and golf courses all over the planet, several hundred million cars and trucks, several thousand airplanes, among many other financial excesses with the imaginary-counterfeit money that the U.S. Government has fraudulently borrowed from the future Americans. $104.0 Trillion can pay for a lot of crazy stuff.
Unless the U.S. Government starts telling the financial truth, we will have these windmills stuck in every nook and cranny all over the planet.