Playing with a Stacked Deck!
March 10, 2017 Emailed to the WSJ/NYT/DMN on 3/12/17
The following is an Op-Ed to "The Wall Street Journal", "The New York Times", and "The Dallas Morning News" that explains how the U.S. Government is using a fraudulent fiscal policy and accounting system to dramatically enhance the lifestyle of Americans, to dramatically enrich the U.S. ruling class, to colossally enrich the U.S. upper class, to colossally cheat the Common Man, and to colossally cheat the rest of the planet. The U.S. Common Man and the rest of the planet are playing the economic and financial game with "a deck of cards that have been stacked against them" by the U.S. Government and the U.S. upper class.
The "news media" has an ethical responsibility to inform the general public that the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can "feather their own nests" and "dramatically feather the nests of their upper-class friends".
Playing with a Stacked Deck!
March 10, 2017
The U.S. Common Man and the rest of the planet are playing the economic game with "a deck of cards that have been stacked" against them by the U.S. Government! The U.S. Government is corrupt! The senior officials in the U.S. Government are a bunch of common criminals! The U.S. Government is filled with a bunch of scoundrels, liars, and cheaters! The U.S. Government is lying to and cheating the U.S. Common Man and the rest of the planet by operating with a fraudulent accounting system that has produced a classic Ponzi scheme!
This is a massive and pervasive fraud that involves not only the U.S. Government but the senior executives in business and finance. For example, Warren Buffett has known about this fraud for more than 42 years but this fraud has made him appear to be the smartest investor on the planet so he refuses to expose this fraud. By going along with this fraud, Warren Buffett is now complicit in the biggest financial fraud in the history of the planet. But Warren Buffett is not alone in failing to expose this fraud, all senior business and financial executives are complicit in this fraud that is being perpetrated by the U.S. Government (See Buffett makes $9Million a day from U.S. Government Fraud).
And now the "news media" is complicit in this massive fraud because they refuse to inform the general public that the general public and the rest of the planet are being lied to and cheated by the U.S. Government.
This fraud has given the U.S. upper class $105.4 Trillion by fraudulently deferring $105.4 Trillion of public liabilities to the future Americans. These public liabilities are reported as US Unfunded Liabilities (GAAP) on www.usdebtclock.org. You will have to agree with me that a $105.4 Trillion fraud is a massive fraud!
The U.S. Government is using Cash Accounting rather than the proper GAAP Accounting (Generally Accepted Accounting Principles) to effect this fraud.
As a result of this fraud, the U.S. Government is "borrowing/stealing" monopoly money from the future Americans and giving it to the current Americans. This is a classic Ponzi scheme; pay the early participants in the scheme with the money coming in from the late participants in the scheme. I call this Ponzi scheme "USAPonzi".
The U.S. Government, by using fraudulent accounting, is knowingly and willingly making financial promises that it cannot keep. The U.S. Government is making benefit promises to the U. S. Common Man but is not taxing the U.S. upper class to pay for these promises. The U.S. Government is overpaying the U.S. ruling class and is not taxing the U.S. upper class to cover the cost of this overpaying. That is how the U.S. upper class has collected $105.4 Trillion of monopoly money.
The U.S. Government is lying to and cheating the U.S. Common Man. The U.S. Government is lying to and cheating the rest of the planet. 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 operating with a fiscal policy that has "stacked the deck" in favor of the U.S. ruling class and the U.S. upper class while cheating the U.S. Common Man and the rest of the planet.
The U.S. Government has become a tool for the elite and powerful to use to channel massive but counterfeit wealth to themselves while cheating the general public and the rest of the planet. And now we have turned over control of this corrupt U.S. Government to several of the imaginary billionaires that this fraud has produced (See Trump: The First Imaginary Billionaire President and The Goldman Sachs Conspiracy).
This is not a Democrat or a Republican fraud! Both political parties have agreed on at least one thing; they have agreed to cheat the general public and the rest of the planet so they can enrich themselves and their elite friends.
The U.S. Government is playing the economic and financial game with "a stacked deck". The U.S. Government has been able to slip $105.4 Trillion of monopoly money under the table to the U.S. upper class with this "stacked deck".
The amount of monopoly money that the U.S. Government has borrowed from the future Americans and given to the current Americans, currently $105.4 Trillion, is reported on www.usdebtclock.org as US Unfunded Liabilities (GAAP).
I have published a website www.usaponzi.net that explains how this fraud works to create a massive global wealth and income gap between the haves and the have-nots and to create false wealth and prosperity for the current Americans.
This fraud 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 in Kindle and PDF formats.
This is the biggest ($105.4 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