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

Rigged US Government-current
December 11, 2019


The U.S. Government is rigged!


The U.S. Government is rigged to enrich the rich and cheat the unrich!


The U.S. Government is promising future benefits to the U.S. general public but is not taxing the U.S. upper class to pay for these promises!


The U.S. Government has been rigged because the U.S. Government is not using proper and Generally Accepted Accounting Principles (GAAP Accounting) to accrue the money pay for future benefit promises to the U.S. general public!


The U.S. Government is rigged to cheat the U.S. general public (by $104.1 Trillion so far)!


The U.S. Government is rigged to enrich the U.S. upper class (by $127.2 Trillion so far)!


The U.S. Government is lying to and cheating the U.S. general public by rigging its fiscal policy!


The U.S. Government is committing fiscal and accounting fraud in an attempt to conceal the rigging of the U.S. Government! The U.S. Government is operating its fiscal policy with Cash Accounting rather than the proper GAAP Accounting (Generally Accepted Accounting Principles)!


The U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is 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! I call this fraudulently borrowed money, currently $127.2 Trillion, imaginary-counterfeit money!


The U.S. Government has been rigged for more than 50 years! The U.S. Government has been cheating the U.S. general public for more than 50 years!


The U.S. Government is corrupt!


The corrupt U.S. Government is in the process of Printing an Infinite Amount of Counterfeit Money and giving it to the U.S. upper class by rigging its fiscal policy!


The corrupt U.S. Government has created the wealth and income gap by rigging its fiscal policy!


The corrupt U.S. Government has caused Global Warming by rigging its fiscal policy!


The corrupt U.S. Government is Destroying Planet Earth by rigging its fiscal policy!


The senior members of the U.S. Government are common criminals because they are direct financial beneficiaries of this U.S. Government fiscal and accounting fraud!


The corrupt and criminal U.S. Government fraudulently borrows $16.8 Billion every day from the future Americans to further enrich the U.S. upper class by rigging its fiscal policy!


The corrupt and criminal U.S. Government is running The Biggest Ponzi Scheme on the Planet to enrich the rich and cheat the unrich!

 

National Debt   $23.1 Trillion  
Cash Deficit in FY2020   $1.04 Trillion  
GAAP Deficit in FY2020   $6.13 Trillion  
US Unfunded Future Liabilities   $104.1 Trillion  
US Unfunded Liabilities (GAAP)   $127.2 Trillion  
Imaginary-Counterfeit Money   $127.2 Trillion  
Total National Assets   $148.7 Trillion  

Source: www.usdebtclock.org December 11, 2019


This accounting fraud 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 www.usaponzi.net and www.usaponzi.com or better yet by reading my sixth book on USAPonzi “USAPonziC which is available on Amazon and on my websites in Kindle and PDF formats.


This is the biggest ($127.2 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX