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

Housing Bubble Insanity-Lunacy-Stupidity 210227
February 27, 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 2/27/21


America is in a Housing Bubble because the U.S. Government is “Cooking the Books”!


America is in all kinds of asset bubbles because the U.S. Government is “Cooking the Books”!


The U.S. Government is printing an infinite amount of counterfeit money so the U.S. upper class can buy a lot of stuff without paying for it!


This is insanity! This is lunacy! This is stupidity! This is corruption!


The U.S. Government is promising and paying U.S. Government benefits to the U.S. general public but is not accruing the money to pay for future U.S. Government benefits! The U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting) also called accrual accounting!


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government has fraudulently borrowed $159.5 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class


The corrupt U.S. Government is in the process of giving the U.S. upper class an infinite amount of counterfeit money by lying to and cheating the U.S. general public by promising but not accruing for future U.S. Government benefits!


The corrupt U.S. Government is filling up Planet Earth with stuff that is being bought and built with counterfeit money that has been fraudulently borrowed from the future Americans!


The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of fraudulently borrowing an infinite amount of 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!


The U.S. upper class has, so far, been undertaxed by $159.5 Trillion (US Unfunded Liabilities (GAAP)) so we can fill up Planet Earth with t-shirts, tennis shoes, smartphones, TVs, computers, cars, airplanes, houses, condos, apartments, airports, cities etc. etc. etc.!


The financial experts are amazed that the housing market is doing great while millions of Americans are out of a job and having to go to food lines to feed their families! This is why, the U.S. Government is corrupt! The corrupt U.S. Government is enriching the U.S. upper class by cheating the U.S. general public!


The corrupt U.S. Government is committing a fiscal and accounting fraud by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


This is insanity! This is lunacy! This is stupidity! This is corruption!


The corrupt U.S. Government is giving infinite imaginary-counterfeit wealth to the U.S. upper class because the corrupt U.S. Government has been lying to and cheating the U.S. general public for the last 52 years by falsely promising future U.S. Government benefits that it has no intention or capability to pay!


The following commentaries explain this fiscal and accounting fraud that I call USAPonzi!


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


The devastating impact of this accounting fraud on Planet Earth is summarized in my Oct 1, 2020 commentary.


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


National Debt  $28.0 Trillion 
Cash Deficit in FY2021  $3.22 Trillion 
GAAP Deficit in FY2021  $11.64 Trillion 
US Unfunded Future Liabilities  $131.5 Trillion 
US Unfunded Liabilities (GAAP)  $159.5 Trillion 
Imaginary-Counterfeit Money  $159.5 Trillion 
Total National Assets  $158.0 Trillion 

Source: www.usdebtclock.org February 27, 2021


The current fiscal policy of the corrupt U.S. Government
I call it USAPonzi, 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 also be downloaded from my www.usaponzi.net website.


John W. White
Plano, TX