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

Destroying Planet Earth-current
October 14, 2019


In this commentary I will explain how the U.S. Government is committing a fiscal and accounting fraud that is Destroying Planet Earth!


11 billion tons of ice melted in Greenland-in just one day!
August 2, 2019
CBS News


The U.S. Government is committing a fiscal and accounting fraud which is causing Global Warming that is Destroying Planet Earth!


I know this sounds preposterous, but it is true!


The U.S. Government is in the process of fraudulently borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so that the entire Planet Earth can build and buy an infinite number of environment-polluting physical objects which is causing Global Warming!


The current U.S. Government fiscal policy is a classic Ponzi scheme, I call it USAPonzi, 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 Ponzi scheme that I call USAPonzi is fraudulently:


Printing infinite counterfeit money
Enriching the U.S. upper class
Enriching the U.S. ruling class
Cheating the U.S. general public
Cheating the rest of the planet
Causing Social Injustice
Causing Wealth and Income Inequality
Causing Global Warming
Destroying Planet Earth


We are filling up Planet Earth with an infinite amount of JUNK that is being built and bought with an infinite amount of imaginary-counterfeit money that is being fraudulently borrowed from the future Americans!


This fiscal and accounting fraud has already fraudulently borrowed $126.3 Trillion from the future Americans and is fraudulently borrowing $16.8 Billion more every day and giving it to the U.S. upper class!


The entire planet is using this infinite supply of imaginary-counterfeit money to build and buy an infinite number of environment-polluting physical objects which is causing Global Warming that is Destroying Planet Earth!


This fiscal and accounting fraud is causing Planet Earth to build and buy an infinite number of cars, trucks, boats, airplanes, houses, apartments, high-rise condos, restaurants, banks, skyscrapers, airports, cities, guns, bombs, opioids, etc., etc.!


When USAPonzi implodes, most of the assets that have been built and bought with this imaginary-counterfeit money will be unusable, idled, or underutilized! This fraud has built and bought too many of everything! People all over the planet will not have the time or the money to use, maintain, and operate many of the assets that have been built and bought with money that has been fraudulently borrowed from the future Americans!


GAAP Accounting, properly applied, would not allow the U.S. Government to borrow more money from the future Americans than the future Americans can be reasonably expected to pay!


This U.S. Government fiscal and accounting fraud was launched in 1969 when president Lyndon Baines Johnson proposed, and the U.S. Congress approved the Unified Budget! The following NASA chart demonstrates how the global average temperature started to rise at precisely that point in time!



The amount of imaginary-counterfeit money that the U.S. Government has fraudulently borrowed from the future Americans and given to the U.S. upper class is $126.3 Trillion and is reported on www.usdebtclock.org as US Unfunded Liabilities (GAAP)!


The U.S. Government is committing a fiscal and accounting fraud which is causing Global Warming that is Destroying Planet Earth!



National Debt  $22.8 Trillion 
Cash Deficit in FY2019  $1.02 Trillion 
GAAP Deficit in FY2019  $6.13 Trillion 
US Unfunded Future Liabilities  $103.5 Trillion 
US Unfunded Liabilities (GAAP)  $126.3 Trillion 
Imaginary-Counterfeit Money  $126.3 Trillion 
Total National Assets  $146.8 Trillion 

Source: www.usdebtclock.org October 14, 2019


While this U.S. Government fiscal and accounting fraud may have already done irreparable damage to Planet Earth, we need to at least try to Save Planet Earth by eliminating this accounting fraud and retiring these fraudulently acquired environment-polluting physical objects!


This accounting fraud/Ponzi scheme 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!


You can learn more about this fraud/Ponzi scheme by reading my websites usaponzi.net and usaponzi.com or by reading my fifth book on USAPonzi “USAPonziB which is available on Amazon and on my websites in Kindle and PDF formats!


This is the biggest ($126.3 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