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

Washington Mafia creates greatest U.S. economy in history
April 19, 2019
Emailed to WSJ/NYT/WP/DMN, the US SEC, Fed Chairman Jay Powell, Congressman Van Taylor, Congressman Colin Allred, Senator John Cornyn, Senator Ted Cruz, and Dallas Mayor Mike Rawlings 4/18/19


Ma·fi·a

an organized international body of criminals, operating originally in Sicily and now especially in Italy and the US and having a complex and ruthless behavioral code.

any organized group using extortion and other criminal methods.

a closed group of people in a particular field, having a controlling influence.


President Trump’s repeated claim: “The greatest economy in the history of our country”


President Donald Trump makes this claim repeatedly! He likes to claim that he has orchestrated the strongest U.S. Economy ever!


Trump and his economic team have either been fooled by their own criminal actions or they are willingly and knowingly committing a crime and then claiming credit for the success of this crime!


We have a bunch of criminals running the U.S. Government which has transitioned to the Washington Mafia!


The U.S. Government is using criminal methods to create massive counterfeit wealth for the U.S. upper class and massive counterfeit economic prosperity in the United States of America!


The U.S. Government therefore fits the “middle definition” of mafia but is beginning to exhibit some of the “complex and ruthless behavior code” of the original definition of mafia!


The U.S. Economy appears to be the greatest in history because the U.S. Government is committing a $123.5 Trillion fiscal and accounting fraud!


The U.S. Government is fraudulently borrowing money, so far $123.5 Trillion, from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class to stimulate the U.S. Economy!


The U.S. Government has created $137.5 Trillion of private assets (Total National Assets) by deferring $123.5 Trillion of public liabilities to the future Americans (US Unfunded Liabilities (GAAP))!


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, and giving it to the U.S. upper class by undertaxing them!


GAAP basis deficit spending by the U.S. Government digitally prints imaginary-counterfeit money and gives it to the U.S. upper class! Every dollar of GAAP basis deficit spending becomes an imaginary-counterfeit dollar in the pocket of the current American that did not have to pay that tax dollar!


The U.S. Government has incurred $123.5 Trillion of GAAP basis deficit spending since FY1969 and currently incurs $16.7 Billion more GAAP basis deficit spending every day to further and fraudulently enrich the U.S. upper class!


The U.S./Global Economy is a hoax, a fraud, and a con game produced by the corrupt and criminal U.S. Government; the Washington Mafia!


The U.S. Government is operating its fiscal policy with Cash Accounting rather than proper GAAP Accounting!


The U.S. Government is not properly accruing the money to pay future U.S. Government benefits of $101.3 Trillion to the U.S. general public (US Unfunded Future Liabilities)!


The U.S. economy appears to be the strongest ever because the U.S. Government is fraudulently printing counterfeit money and giving it to the U.S. upper class!


The Washington Mafia is running a $123.5 Trillion Ponzi scheme to stimulate the U.S. Economy


The U.S. Government prints this counterfeit money by fraudulently borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


The U.S. Economy appears to be the strongest ever because the U.S. Government is fraudulently borrowing an unending and ever-increasing amount of counterfeit money from the future Americans and giving it to the U.S. upper class!


This accounting fraud/criminal activity is making the U.S. upper class look richer and richer, is making the U.S. Economy appear to be stronger and stronger, and is making the stock market go higher and higher by printing $123.5 Trillion of imaginary-counterfeit money!


The Washington Mafia has rigged the U.S. Government to fraudulently enrich the U.S. upper class, to fraudulently cheat the U.S. general public, and to dramatically and fraudulently stimulate the U.S. Economy by printing $123.5 Trillion of imaginary-counterfeit money!


The Washington Mafia is enriching the rich and cheating the unrich!


The Washington Mafia is bifurcating the U.S. population into the haves and the have-nots by operating its fiscal policy with a radically unbalanced budget!


The U.S. Economy appears to be the strongest it has ever been because the U.S. Government has now printed more counterfeit money, so far $123.5 Trillion, than it has ever printed before!


The Washington Mafia is in the process of printing an infinite amount of counterfeit money to radically and fraudulently enrich the U.S. upper class and to radically and fraudulently stimulate the U.S. economy!


The Washington Mafia is printing $16.7 Billion more counterfeit money every day to fraudulently produce the strongest U.S. Economy in history!


Donald Trump apparently has no clue that he is running the Washington Mafia that is committing the biggest crime in history; a $123.5 Trillion crime to produce the greatest economy in history!



National Debt    $22.2 Trillion  
Cash Deficit in FY2019   $0.94 Trillion  
GAAP Deficit in FY2019   $6.10 Trillion  
US Unfunded Future Liabilities   $101.3 Trillion  
US Unfunded Liabilities (GAAP)   $123.5 Trillion  
Imaginary-Counterfeit Money   $123.5 Trillion  
Total National Assets   $137.5 Trillion  

Source: www.usdebtclock.org April 19, 2019


The U.S. Government must adopt GAAP Accounting (Generally Accepted Accounting Principles) and commit to a balanced GAAP basis budget in order to eliminate this fiscal and accounting fraud and properly accrue for the future U.S. Government benefit promises that have been made to the U.S. general public!


The U.S. Government, and all sovereign entities that sponsor a currency that is used in international trade, must adopt GAAP Accounting, or its basic equivalent, to provide a level economic playing field in America and throughout Planet Earth!


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, USAPonzi2, USAPonzi3, USAPonziA, and my latest USAPonziB.


This is the biggest ($123.5 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