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

USAPonzi-The Great American Fiasco 200828
August 28, 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 8/28/20.


How do you undo a $154.1 Trillion fiasco that has been operating for 51 years?


The U.S. Government is corrupt! The corrupt U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)! The corrupt U.S. Government, by committing fiscal and accounting fraud, is in the process of borrowing an infinite amount of money from the future Americans and giving it to the U.S. upper class!


The corrupt U.S. Government, by committing fiscal and accounting fraud, has caused what I call USAPonzi-The Great American (and global) Fiasco!


The corrupt U.S. Government has fraudulently borrowed $154.1 Trillion from the future Americans and given it to the U.S. upper class!


The corrupt U.S. Government has inverted the 
global financial system and we are now operating the global economy on money, I call it imaginary-counterfeit money, that the corrupt U.S. Government has fraudulently borrowed from the future Americans!


The corrupt U.S. Government has decided that if it can just borrow an infinite amount of money from the future Americans, it can make its upper-class friends really rich!


The corrupt U.S. Government, by committing fiscal and accounting fraud, has caused radical social injustice!


Social justice must start with the corrupt U.S. Government admitting to the fact that they have been cheating the masses to enrich the elite for the last 51 years!


The corrupt U.S. Government has created massive wealth for the elite by assuming $154.1 Trillion of public liabilities!


The corrupt U.S. Government has created a massive financial, economic, social, political, and military fiasco, by committing a fiscal and accounting fraud, that will threaten the survival of the people of Planet Earth and the survival of Planet Earth itself!


The corrupt U.S. Government has been running a massive, now $154.1 Trillion Ponzi scheme, I call it USAPonzi, for the last 51 years that has destroyed any sense of trust, fairness, stability, economic equality, civility, respect for government, and respect for Planet Earth!


This Ponzi scheme has radically enriched the elite and radically oppressed the masses!


Just to give a sense as to the size and scope of this fiasco, the corrupt U.S. Government has fraudulently given the U.S. upper class $154.1 Trillion and cheated the U.S. general public out of $127.4 Trillion!


This Ponzi scheme has created a dramatically accelerated consumption rate for the entire planet that favors Americans over the rest of the planet and within America favors the U.S. upper class over the U.S. general public!


This Ponzi scheme has caused economic inequality, racial inequality, Global Warming, the Coronavirus Pandemic, and The Greatest Depression while destroying Planet Earth!


This Ponzi scheme, with its dramatically accelerated consumption rate, has stolen resources from future earthlings to build physical assets that will be unusable when this fiasco is properly exposed!


This Ponzi scheme has created dramatic social unrest by fraudulently favoring Americans over the rest of the planet and the upper class over the general public.


This Ponzi scheme has created social disintegration, opulence, and idleness! When the corrupt U.S. Government prints an infinite amount of imaginary-counterfeit money, a lot of people do not have to work for a living and can afford to take the time to protest against government controls that are intended to maintain social order.


This Ponzi scheme has fraudulently created a social order that demands benefits from the corrupt U.S. Government that the U.S. economy cannot possibly support! Until the corrupt U.S. Government starts using proper GAAP Accounting to assess and report its financial condition, civil unrest will continue to escalate!


While most of the protesters and demonstrators do not realize how the corrupt U.S. Government is cheating them, they do know that they do like what is happening to them!


When the corrupt U.S. Government oppresses the masses to enrich the elite, the masses will eventually and violently rebel against the corrupt U.S. Government!


This Ponzi scheme has reconfigured America into larger and larger cities, with ever-increasing food consumers, and a shrinking rural population of food producers!


This Ponzi scheme has built housing accommodations that are totally unsuitable for a fair and balanced economy and has inappropriately positioned these housing accommodations for people that will have to start working for a living!


This Ponzi scheme is filling up Planet Earth with cars, airplanes, boats, and houses that will, to a large extent, be unusable when USAPonzi-The Great American Fiasco is exposed!


This Ponzi scheme has not only screwed up America, it has screwed up the entire planet!


The corrupt U.S. Government is operating a Ponzi scheme fiscal policy that is in the process of borrowing an infinite amount of money, I call it imaginary-counterfeit money, from the future Americans and giving it to the U.S. upper class!


The U.S. Government is corrupt! The corrupt U.S. Government is being run by common criminals that have committed $154.1 Trillion crime! The corrupt U.S. Government is not operating its fiscal policy according to proper and Generally Accepted Accounting Principles (GAAP Accounting)!


Social justice must start with the corrupt U.S. Government admitting to the fact that they have been cheating the masses to enrich the elite for the last 51 years!


How do you undo a $154.1 Trillion fiasco that has been operating for 51 years?

 

US National Debt  $26.7 Trillion 
Cash Deficit in FY2020  $2.90 Trillion 
*GAAP Deficit in FY2020  >$28.0 Trillion 
US Unfunded Future Liabilities  $127.4 Trillion 
US Unfunded Liabilities (GAAP)  $154.1 Trillion 
Imaginary-Counterfeit Money  $154.1 Trillion 
US Total National Assets  $127.2 Trillion 

Source: www.usdebtclock.org August 28, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP). US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020, therefore the GAAP Deficit in FY2020 will be >$28.0 Trillion (>$154.1T-$126.1T = >$28.0T).


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.


This is the biggest ($154.1 Trillionfinancial fraud ever perpetrated, I call it USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX