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

USA an Immigration Magnet by Printing Counterfeit Money! 
May 20, 2019
Emailed to WSJ/NYT/WP/DMN, the US SEC, Fed Chairman Jay Powell, Minneapolis Fed President Neel Kashkari, Congressman Van Taylor, Congressman Colin Allred, Senator John Cornyn, Senator Ted Cruz, and Dallas Mayor Mike Rawlings 5/20/19


The
U.S. Government is printing counterfeit money, $16.7 Billion every day, and handing it out to the residents of America which is causing people to want to come live in America!


The
U.S. Government is corrupt and a fraud that is running a $124.0 Trillion Ponzi scheme!


The
U.S. Government has fraudulently borrowed $124.0 Trillion from the future Americans and given it to the U.S. upper class!


This 124.0 Trillion is counterfeit money because the future Americans do not have $124.0 Trillion!


The United States of America is an “immigration magnet” because the U.S. Government is fraudulently printing counterfeit money and giving it to the U.S. upper class!


People want to come to America because the U.S. economy appears to be robust because the U.S. Government is printing counterfeit money, $16.7 Billion every day, and giving it to the U.S. upper class!


The U.S. Government has already printed $124.0 Trillion of counterfeit money by fraudulently borrowing money from the future Americans, money the future Americans do not have, and giving it to the current Americans, primarily to the U.S. upper class!


People are willing to go to extreme measures to gain access to some of this $124.0 Trillion of counterfeit money by immigrating to America!


The U.S. Government is committing a fiscal and accounting fraud that is creating money out of “thin air” by not accruing the money to pay future U.S. Government benefit promises! The U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting)!


The United States of America appears to be the richest and most prosperous country on the planet because the U.S. Government is corrupt!


The U.S. Government is enriching the U.S. upper class by cheating the U.S. general public!


The U.S. Government is enriching the rich by cheating the unrich!


The U.S. Government is enriching the current Americans, primarily the U.S. upper class, by promising future benefits to the U.S. general public but not accruing the money to pay these benefits to the U.S. general public!


The U.S. Government has already printed $124.0 Trillion of counterfeit money and is printing $16.7 Billion more counterfeit money every day and giving it to the U.S. upper class!


Immigrants are flocking to America like “bees to honey” because the U.S. Government has fraudulently created $124.0 Trillion of honey by deferring $124.0 Trillion of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans! GAAP basis deficit spending by the U.S. Government prints counterfeit money and gives it to the U.S. upper class!


The U.S. Government has fraudulently deferred $124.0 Trillion of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans by undertaxing the U.S. upper class by $124.0 Trillion!


The U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is printing counterfeit money, I call it imaginary-counterfeit money, that is an irresistible attraction for immigrants!


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


When the U.S. Government is spewing out counterfeit money at an unending and ever-increasing rate, we are going to experience an unending and ever-increasing number of people that will come to our borders and seek entry into America which has fraudulently created an ever-increasing (now $124.0 Trillion) “pot of honey”!


Author's Note! I call this “pot of honey” The Oswald Financial Bubble because this U.S. Government fiscal and accounting fraud, that I call USAPonzi, was caused by Oswald shooting JFK!


The U.S. Government is also Burning up Planet Earth because the U.S. Government is in the process of printing an infinite amount of counterfeit money by fraudulently borrowing it from the future Americans so the planet can buy and build an infinite number of environment-polluting physical objects


The entire Planet Earth is in the process of buying and building an infinite number of cars, trucks, boats, airplanes, houses, skyscrapers, banks, restaurants, guns, bombs, airports, cities, etc., etc. with an infinite amount of imaginary-counterfeit money that is being fraudulently and continuously borrowed from the future Americans with GAAP basis deficit spending by the U.S. Government!


Immigrants are clambering to get into America so that they can gain quick access to this unending and ever-increasing stream of imaginary-counterfeit money that the U.S. Government is fraudulently and continuously borrowing from the future Americans with GAAP basis deficit spending and giving to the U.S. upper class!


The U.S. Government is corrupt and a fraud that is causing illegal immigration into the United States of America by printing counterfeit money and giving it to the U.S. upper class!


The U.S. Government has fraudulently printed $124.0 Trillion of imaginary-counterfeit money by borrowing it from the future Americans (US Unfunded Liabilities (GAAP) = $124.0 Trillion)!


The following table shows the absurdity of the current U.S. Government fiscal policy!


The corrupt and criminal U.S. Government has created apparent private wealth in America of $136.1 Trillion (US Total National Assets) by assuming public liabilities of $124.0 Trillion (US Unfunded Liabilities (GAAP))!


The corrupt and criminal U.S. Government is enriching the current Americans by screwing the future Americans!


The corrupt and criminal U.S. Government is enriching the U.S. upper class by screwing the U.S. general public!


The corrupt and criminal U.S. Government has promised to pay future benefits to the future Americans that have a present value of $101.7 Trillion (US Unfunded Future Liabilities) that will never be paid!


The U.S. general public has been lied to and cheated by the corrupt and criminal U.S. Government for the last 49 years!


The corrupt and criminal U.S. Government is enriching the 1% by screwing the 99%!


The corrupt and criminal U.S. Government is enriching the rich by screwing the unrich!



National Debt  $22.3 Trillion 
Cash Deficit in FY2019  $0.95 Trillion 
GAAP Deficit in FY2019  $6.11 Trillion 
US Unfunded Future Liabilities  $101.7 Trillion 
US Unfunded Liabilities (GAAP)  $124.0 Trillion 
Imaginary-Counterfeit Money  $124.0 Trillion 
Total National Assets  $136.1 Trillion 

Source: www.usdebtclock.org May 20, 2019


This accounting fraud/Ponzi scheme can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government!


You can learn more about this fraud/Ponzi scheme by reading my websites www.usaponzi.net and www.usaponzi.com or better yet by reading my fifth book on USAPonzi “USAPonziB” which is available on Amazon and on my websites in Kindle and PDF formats.


This is the biggest ($124.0 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX