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

Target Hits Record High by US Gov Fraud 191120
November 20, 2019

Emailed to 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/DMN, and Dallas Mayor Eric Johnson on 11/20/19.


Target Hits Record High After Smashing Q3 Earnings, Lifting 2019 Profit Guidance
Target shares hit a record high Wednesday after the retailer posted stronger-than expected third quarter earnings, and raised its full-year profit guidance, following on from a strong report from its larger rival Walmart late last week.
By Martin Baccardax
Updated
Nov 20, 2019 10:10 AM EST



Target Corp. (TGT - Get Report)  shares hit a record high Wednesday after the retailer posted stronger-than expected third quarter earnings, and raised its full-year profit guidance, following on from a strong report from its larger rival Walmart (WMT - Get Report) late last week.

 
Target said adjusted earnings for the three months ending on November 2 came in at $1.36 per share, up 24.7% from the same period last year and well ahead of the Street consensus forecast of $1.19 per share. Group revenues, Target said, rose 4.9% to $18.7 billion, while same-store sales rose 4.5%, both figures topping analysts' forecasts.

 
Target also boosted its full-year adjusted earnings forecast, and now expects a range of $6.25 to $6.45 per share, up from its prior forecast of $5.90 to $6.05 per share.


Target stock hit an all-time high today simply because the U.S. Government is corrupt!


The U.S. Government is in the process of printing an infinite amount of counterfeit money so Americans can buy an infinite amount of stuff from Target!


The U.S. Government is in the process of printing an infinite amount of counterfeit money so Americans can buy an infinite amount of stuff from everybody!


The U.S. Government is corrupt!


The U.S. Government is being run by common criminals!


The U.S. Government has fraudulently borrowed $126.8 Trillion from the future Americans, money the future Americans do not have, so the current Americans can buy stuff indiscriminately without having to earn the money to pay for it!


The Target stock price will approach infinity as long as the U.S. Government keeps on printing an infinite supply of counterfeit money by fraudulently borrowing it from the future Americans!


See The Great American Fraud!


See Whistleblower Letter #3 to the U.S. Congress!


The 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 and giving it to the U.S. upper class so all Americans can buy an infinite amount of stuff from Target!


Let me say that one more time; the U.S. Government is in the process of fraudulently borrowing an infinite amount of money from the future Americans, money the future Americans do not have, so the current Americans can buy an infinite amount of stuff from Target! And Walmart! And Amazon! And Apple! And Tesla! And Netflix! And Boeing! And home builders! And everybody!!!!!


The U.S. upper class is getting richer, the U.S. economy is getting stronger, and the stock market is going higher because the U.S. Government is in the process of printing an infinite amount of imaginary-counterfeit money!


GAAP basis deficit spending by the U.S. Government, digitally prints imaginary-counterfeit money and gives it to the U.S. upper class by undertaxing them!

 

National Debt  $23.1 Trillion 
Cash Deficit in FY2020  $1.03 Trillion 
GAAP Deficit in FY2020  $6.13 Trillion 
US Unfunded Future Liabilities  $103.7 Trillion 
US Unfunded Liabilities (GAAP)  $126.8 Trillion 
Imaginary-Counterfeit Money  $126.8 Trillion 
Total National Assets  $148.0 Trillion 

Source: www.usdebtclock.org November 20, 2019


This imaginary-counterfeit money, currently $126.8 Trillion, will evaporate into the “thin air” from whence it came when USAPonzi implodes!


This is the biggest ($126.8 Trillionfinancial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”.


John W White
Plano, TX