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

Wall Street Flying-Main Street Dying 201201
December 1, 2020
Emailed to United Nations, Fed Chair Jay Powell, 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, NYT/WSJ/WP/CNBC/DMN on 12/1/20


Because the U.S. Government is corrupt!


Because the U.S. Government is rigged!


The U.S. Government is lying, Wall Street is flying, and Main Street is dying!


The corrupt U.S. Government has committed a $155.8 Trillion crime!


The corrupt U.S. Government has fraudulently borrowed $155.8 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government is filled with common criminals!


The corrupt U.S. Government is lying to and cheating the 99% so that it can fraudulently and dramatically enrich the 1%!


The corrupt U.S. Government is committing a fiscal and accounting fraud by operating its fiscal policy with Cash Accounting rather than proper and Generally Accepted Accounting Principles (
GAAP Accounting)! The corrupt U.S. Government is promising future benefits but is not accruing the money to pay these future benefits!


The U.S. upper class has been fraudulently given $155.8 Trillion (US Unfunded Liabilities (GAAP)) because of this fraud!


The stock market is going to infinity because of this fraud!


The U.S. general public has been promised $128.5 Trillion (US Unfunded Future Liabilities) worth of future benefits that have not been funded because of this fraud!


The U.S. general public is having difficulty finding reasonable paying jobs and many are now unemployed and going to food lines because of this fraud!


The corrupt U.S. Government is giving infinite wealth to the U.S. upper class by lying to and cheating the U.S. general public by promising them future benefits and not taxing the U.S. upper class to pay these future benefits!


The corrupt U.S. Government has rigged its fiscal policy to give infinite wealth to the U.S. upper class today by falsely promising the U.S. general public that they will be paid generous and unaffordable benefits tomorrow!


The U.S. Government is lying, Wall Street is flying, and Main Street is dying!


Who in the U.S. Government will have the courage to admit to this accounting fraud?  


This accounting fraud, that I call USAPonzi, is explained in more detail in these commentaries!


USAPonzi-The Great American Fraud
Whistleblower Letter #3 to U.S. general public
Whistleblower Letter #6 to Congress


The devastating  impact of this fiscal and accounting fraud, that I call USAPonzi, is summarized in my October 1, 2020 commentary!


Quintet of Global Crises (Economy, Climate, Health, Hunger, Depression)


This accounting fraud 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!



National Debt  $27.3 Trillion 
Cash Deficit in FY2021  $3.21 Trillion 
*GAAP Deficit in FY2021  $6.57 Trillion 
US Unfunded Future Liabilities  $128.5 Trillion 
US Unfunded Liabilities (GAAP)  $155.8 Trillion 
Imaginary-Counterfeit Money  $155.8 Trillion 
Total National Assets  $157.5 Trillion 

Source: www.usdebtclock.org December 1, 2020
*GAAP Deficit-current


You can learn more about the
fraud
/Ponzi scheme by reading my websites (www.usaponzi.net and www.usaponzi.com) or my eighth book on USAPonzi “USAPonziE which is available on Amazon and can also be downloaded from my www.usaponzi.net website.


John W. White
Plano, TX