Whistleblower Letter #1 to US General Public 211001
October 1, 2021
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 10/1/21
To: The U.S general public
The U.S. Government is corrupt! The corrupt U.S. Government is cheating you by $286.2 Trillion! The corrupt U.S. Government is destroying Planet Earth!
The corrupt U.S. Government has given the U.S. upper class $157.5 Trillion!
The corrupt U.S. Government has reneged on $128.7 Trillion of future benefits to the U.S. general public!
This is a whistleblower letter to the U.S. general public that explains how the U.S. Government is lying to and cheating the U.S. general public so that it can enrich itself and the U.S. upper class! The U.S. Government is falsely promising unaffordable future benefits to the U.S. general public but is not taxing the U.S. upper class to pay for these future benefits!
The U.S. upper class is fraudulently getting rich and the U.S. general public is getting lied to and cheated!
This letter can be read from my www.usaponzi.com website to activate the hyperlinks.
I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books”!
The corrupt U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting)! The corrupt U.S. Government is being run by common criminals that have committed a $157.5 Trillion crime by fraudulently borrowing $157.5 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and giving it to the U.S. upper class!
The corrupt U.S. Government is lying to and cheating the U.S. general public by promising you U.S. Government benefits but is not taxing the U.S. upper class enough to pay for these benefits! The corrupt U.S. Government should be operating its fiscal policy with GAAP Accounting, also called accrual accounting, to properly accrue the money to pay for future U.S. Government benefits!
The U.S. upper class is getting rich because they are being undertaxed and the U.S. general public is getting cheated because the corrupt U.S. Government is falsely promising benefits that it is not properly funding!
The corrupt U.S. Government has fraudulently given the U.S. upper class $157.5 Trillion (US Unfunded Liabilities (GAAP)) by undertaxing them and has cheated the U.S. general public by $128.7 Trillion (US Unfunded Future Liabilities) by underfunding the future benefit promises! The corrupt U.S. Government has created a social injustice gap of $286.2 Trillion between the U.S. upper class and the U.S. general public by enriching the U.S. upper class (by $157.5 Trillion) and cheating the U.S. general public (by $128.7 Trillion)!
Does that seem like “Liberty and Justice for All”?
The corrupt U.S. Government is committing a fiscal and accounting fraud, by not using proper GAAP Accounting, that is causing the gigantic ($286.2 Trillion) economic inequality as explained above, is causing Global Warming, is causing the Coronavirus Pandemic, is promoting White Supremacy, and is causing the Death of Planet Earth 190819!
The corrupt U.S. Government has been running a classic Ponzi scheme for the last 53 years, I call it USAPonzi, that is stealthily and fraudulently borrowing money, I call it imaginary-counterfeit money, from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them with GAAP basis deficit spending!
I call this fraudulently borrowed money (imaginary-counterfeit money) because the corrupt U.S. Government pretends like (imagines) the future Americans will be able to pay it someday, but the future Americans can never pay it, so it is (counterfeit).
The following is a notional chart that graphically shows how this fiscal and accounting fraud has been fraudulently borrowing imaginary-counterfeit money from the future Americans since 1969 when the corrupt U.S. Government adopted the fraudulent fiscal policy called the Unified Budget! This chart also presents a projection of how this accounting fraud, if continued, would create an infinite amount of imaginary-counterfeit money and an infinite amount of imaginary-counterfeit wealth for the U.S. upper class!
My 15th whistleblower letter to my congressman Van Taylor provides more insight into this accounting fraud that I have named USAPonzi!
|US National Debt
|Cash Deficit in FY2021
|GAAP Deficit in FY2021
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org October 1, 2021
The current fiscal policy of the corrupt U.S. Government, I call it USAPonzi, is causing dramatic economic inequality and is Destroying Planet Earth!
I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain USAPonzi and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my websites in pdf format.
John W. White