The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"                     USAPonzi                                      by John W. White   Mar 29, 2013

Trump: The Economy is ROARING! 180714
July 14, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 7/14/18


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post”, and “The Dallas Morning News” that explains why “The Economy is ROARING and why Donald Trump was elected President of the United States of America!


The “news media” has an ethical responsibility to inform the general public of how the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can “feather their own nests” and “colossally feather the nests of their upper-class friends”! The U.S. Government is not using proper accrual accounting!


The “news media” is aiding and abetting the corrupt and criminal U.S. Government by refusing to report this fiscal and accounting fraud!

 
Trump: The Economy is ROARING! 180714

July 14, 2018


Donald Trump proudly and loudly states and tweets that “The Economy is ROARING”!


Donald Trump
apparently does not understand why “The Economy is ROARING”!


The Economy appears to be ROARING
because the U.S. Government is “Cooking the Books”!


The Economy appears to be ROARING because the U.S. Government is corrupt!


The Economy appears to be ROARING because the U.S. Government is not operating its fiscal policy according to proper and Generally Accepted Accounting Principles, commonly call GAAP Accounting!


The Economy appears to be ROARING because the U.S. Government is not accruing the money to pay future U.S. Government benefit promises!


The U.S. economy appears to be ROARING
because the U.S. Government has fraudulently borrowed $113.9 Trillion from the future Americans and given it to the U.S. upper class by using fraudulent accounting!


Let me say that one more time!


The U.S. economy appears to be ROARING
because the U.S. Government has fraudulently borrowed $113.9 Trillion from the future Americans and given it to the U.S. upper class by using fraudulent accounting!


The U.S. Government is systematically, stealthily, fraudulently, and digitally printing counterfeit money with fraudulent accounting to stimulate the U.S. economy!


This is fraud because the U.S. Government is borrowing money from the future Americans that the future Americans do not have! The U.S. Government is borrowing money that is both imaginary and counterfeit from the future Americans and giving it to their friends in the U.S. upper class!


Donald Trump likes to “TRUMPet” the idea that The U.S. economy is ROARING because of his astute economic leadership! He likes to take credit for the fact that the U.S. economy appears to be doing very well! What Donald Trump appears to be oblivious to, is that the economy in America is doing well because the U.S. Government is “Cooking the Books”! The U.S. Government is committing fiscal and accounting fraud to dramatically stimulate the U.S. and global economy (See How the Economy in America got Strong)!


Trump is NOT RESPONSIBLE for the fact that the economy appears to be ROARING! This illusion of economic prosperity in America was caused by Lee Harvey Oswald shooting JFK! This incident made LBJ president and LBJ introduced this accounting fraud in FY1969 with the Unified Budget!


The U.S. Government is “Cooking the Books” by committing an accounting fraud that has fraudulently borrowed $113.9 Trillion from the future Americans and given it to the U.S. upper class!


Donald Trump got elected President because of this accounting fraud! Donald Trump and his posse were able to determine that a lot of people in the red states were unhappy with what was going on in Washington (The Swamp) and in the blue states. This accounting fraud has produced a classic Ponzi scheme, I call it USAPonzi, that is enriching the elite largely in the blue states and is oppressing the general population largely in the red states!


It is ironic that Donald Trump got elected to “Drain The Swamp” when Donald Trump himself is a Product of The Swamp! Donald Trump got rich because of this accounting fraud!


This
accounting fraud has created massive but counterfeit wealth for the U.S. upper class, including Donald Trump, by not accruing the money to pay for the future benefit promises to the U.S. general public.


The criminals in Washington (The Swamp) have been cheating the U.S. general public for 49 years so that the elite in America and around the world could enjoy a dramatically elevated standard of living for the last half century!


Donald Trump was elected President because the red states have had enough of this accounting fraud and the resulting frustration with the wealth and income gap that this fraud has produced! The folks in the red states may not know about this U.S. Government accounting fraud, but they do know that they are irate that the rich are getting richer and richer ($16.5 Billion richer every day) when many of the folks in the red states cannot find a decent paying job!


This fraud has enriched the U.S. upper class by $113.9 Trillion!


This fraud has overpaid The Swamp by $21.2 Trillion!


This fraud has underfunded the future benefits to the U.S. general public by $92.7 Trillion!


This fraud is creating imaginary-counterfeit money out of “thin air” and giving it to the U.S. upper class!


This fraud is borrowing money from the future Americans, money that the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


Is it any wonder that the U.S. general public is irate with the corrupt and criminal U.S. Government?


The corrupt and criminal U.S. Government is enriching the rich and cheating the general public by operating its fiscal policy with Cash Accounting rather than the proper GAAP Accounting!


The U.S. Government is corrupt!


The senior officials of the U.S. Government are common criminals that have committed a $113.9 Trillion criminal act by not operating its fiscal policy with proper accrual accounting! The senior officials of the U.S. Government are common criminals because they are direct financial beneficiaries of this massive fraud! The corrupt and criminal U.S. Government is overpaying itself with imaginary-counterfeit money!


We have 535 criminals in the U.S. Congress and an untold number of criminals in the White House!


I have sent 14 whistleblower letters to the U.S. Securities and Exchange Commission, a whistleblower letter to every member of the U.S. Congress, and 9 whistleblower letters to each member of the U.S. Supreme Court so that all three branches of the U.S. Government would be informed of this massive fraud!


I have also sent over 200 Op-Eds to the “main-stream-media” in an attempt to expose this massive fraud to the citizens of Planet Earth! None of these Op-Ed candidates have been published!


This massive fraud is explained in more detail in my Open Letter to Planet Earth and my Open Letter to US General Public!


To eliminate this massive fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget. GAAP Accounting (Generally Accepted Accounting Principles) is the commonly used name in America for the accounting guidelines for accrual accounting.

 

National Debt   $21.2 Trillion  
Cash Deficit in FY2018   $0.78 Trillion  
GAAP Deficit in FY2018   $6.03 Trillion  
US Unfunded Future Liabilities   $92.7 Trillion  
US Unfunded Liabilities (GAAP)   $113.9 Trillion  
Imaginary-Counterfeit Money   $113.9 Trillion  
Total National Assets   $137.5 Trillion  

Source: www.usdebtclock.org Jul 14, 2018


This fraud/Ponzi scheme (USAPonzi) is explained in much more detail on my websites www.usaponzi.net and www.usaponzi.com and in my books “USAPonzi” 11/22/15, “USAPonzi2” 5/1/17, and “USAPonzi3” 2/1/18! Each of these books have updates that I made every few days until the next book was published. I have published over 620 commentaries since March 29, 2013 in an attempt to explain and expose this U.S. Government fraud!


This is the biggest ($113.9 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.


John W. White
Plano, TX