USAPonzi must be a Planned Conspiracy!
January 26, 2017 Emailed to WSJ/NYT/DMN on January 27, 2017
The following is an Op-Ed to "The Wall Street Journal", "The New York Times", and "The Dallas Morning News" that provides further explanation of the Ponzi scheme fiscal policy (USAPonzi) that the U.S. Government has been operating since FY1969 and how this fraud is skewing massive wealth to the U.S. ruling class and the U.S. upper class by oppressing the Common Man and cheating the rest of the Planet.
USAPonzi must be a Planned Conspiracy!
January 26, 2017
USAPonzi is like a giant poker game where the "house" is slipping chips under the table to its favorite players. But in this "game" it is $104.9 Trillion worth of chips!
The U.S. Government is corrupt! The senior members of the U.S. Government are criminals! The U.S. Government is committing fiscal and accounting fraud! The U.S. Government is using fraudulent accounting and as a result is operating with a dramatically unbalanced budget by using Cash Accounting rather than the proper GAAP Accounting. This is allowing the U.S. Government to transfer imaginary-counterfeit money, theoretically borrowed from the future Americans, to the current Americans. The U.S. Government is printing more imaginary-counterfeit money every day with GAAP basis deficit spending. The U.S. Government has given the current Americans $104.9 Trillion by undertaxing them and deferring $104.9 Trillion of public liabilities to the future Americans (US Unfunded Liabilities (GAAP)).
The U.S. Government has increased the global money supply by $104.9 Trillion over the last 48 years by committing fiscal and accounting fraud. The media and the financial gurus on TV like to blame the Federal Reserve Bank for printing money but the Fed is a piker when compared to the U.S. Government when it comes to printing money! The U.S. Government has undertaxed the current Americans by $104.9 Trillion and deferred $104.9 Trillion of public liabilities to the future Americans (US Unfunded Liabilities (GAAP)).
This must be a planned conspiracy between the U.S. Government and their upper class friends. How else could this fraud continue for 48 years?
This fraud is enriching both the U.S. ruling class and the U.S. upper class!
This fraud is oppressing the U.S. Common Man!
This fraud is cheating the rest of the Planet!
The U.S. Government is digitally printing $15.45 Billion of imaginary-counterfeit money every day with GAAP basis deficit spending (GAAP Deficit in FY2017 of $5.64T/365 = $15.45B).
Donald Trump accuses China of currency manipulation but China is a piker when it comes to currency manipulation compared to the U.S. Government. The U.S. Government has printed $104.9 Trillion of imaginary-counterfeit money since FY1969 by pretending to borrow it from the future Americans.
Printing imaginary-counterfeit money every day is a boost to all Americans, it is a big boost to the U.S. ruling class, and it is a colossal boost to the U.S. upper class. The U.S. Government has printed $104.9 Trillion of imaginary-counterfeit money over the last 48 years and almost all of that money has ended up in the pockets of the U.S. upper class. This fraud has moved a lot of the U.S. ruling class into the U.S. upper class.
The U.S. Government is cheating the rest of the Planet.
The U.S. Government is cheating all future Americans.
The U.S. Government is cheating the Common Man.
The U.S. Government is enriching the U.S. ruling class.
The U.S. Government is colossally enriching the U.S. upper class.
The U.S. Government is setting up the Planet for a massive global depression when this Ponzi scheme implodes and the entire Planet realizes that the U.S. Government is corrupt. When USAPonzi implodes this imaginary-counterfeit money will evaporate into the "thin air" from whence it came.
But who can stop this fraud and corruption when it is the most powerful government on the Planet that is committing this fraud in cahoots with their friends in the U.S. upper class.
The U.S. Government has been able to transfer much of the apparent wealth on the planet to the U.S. by printing imaginary-counterfeit money every day and giving it to the current Americans.
This could be why the terrorists are upset with the United States.
The U.S. Government has been able to transfer most of the apparent wealth in the U.S. to the upper class by printing more imaginary-counterfeit money every day and strategically giving most of this new imaginary-counterfeit money to the U.S. upper class by dramatically undertaxing them.
This could be why the oppressed Common Man/Woman is starting to riot in the streets.
This fraud is like a poker game where the "house" is slipping chips under the table to its favorite players. But in this "game" it is $104.9 Trillion worth of chips. And then at the end of the night we divide up the "buy in" based on the number of chips. But this "game" does not end, the cheating continues every day.
The U.S. Government is totally irresponsible when it comes to fiscal policy management. Until we get the criminals that are responsible for the current mess out of the U.S. Government and we elect responsible actors into the U.S. Government, any further talk about responsible financial planning and budgeting is absolutely foolhardy.
|Cash Deficit in FY2017
|GAAP Deficit in FY2017
|| $5.64 Trillion
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|| $104.9 Trillion
|Total National Assets
Source: www.usdebtclock.org January 26, 2017
I have published a website www.usaponzi.net that I think better explains how this fraud works to create a massive global wealth and income gap between the haves and the havenots and to create false wealth and prosperity for the current Americans.
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 www.usaponzi.net website in both Kindle and PDF formats.
This is the biggest ($104.9 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and it is “The Biggest Ponzi Scheme on the Planet”!
John W White