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

U.S. Government is run by Common Criminals 191008
October 8, 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 10/8/19


The U.S. Government is being run by Common Criminals!


The U.S. Government has been run by Common Criminals since FY1969 when Lyndon Baines Johnson proposed, and the U.S. Congress approved the Unified Budget! The U.S. Government is corrupt! The 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)!


The senior officials of the U.S. Government are common criminals because they are direct and significant financial beneficiaries of this fiscal and accounting fraud that the U.S. Government is perpetrating!


The corrupt and criminal U.S. Government is enriching the rich and cheating the unrich!


The corrupt and criminal U.S. Government is promising future benefits to the U.S. general public but is not taxing the U.S. upper class enough to pay for these future benefits! The corrupt and criminal U.S. Government is enriching the U.S. upper class and cheating the U.S. general public by not accruing for future benefits to the U.S. general public!


The corrupt and criminal U.S. Government 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 far, the corrupt and criminal U.S. Government has given the U.S. upper class $126.2 Trillion of imaginary-counterfeit money (US Unfunded Liabilities (GAAP))!


The corrupt and criminal U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that 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


It is absurd that the corrupt and criminal U.S. Government has fraudulently borrowed $126.2 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class!


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!


The U.S. Government is being run by Common Criminals!


I have written two websites (usaponzi.net and usaponzi.com) and five books (the latest is USAPonziB) which are available on Amazon that explain how this U.S. Government fiscal and accounting fraud got started, the problems it is causing, and what I predict will happen when USAPonzi Implodes!



National Debt  $22.8 Trillion 
Cash Deficit in FY2019  $1.02 Trillion 
GAAP Deficit in FY2019  $6.13 Trillion 
US Unfunded Future Liabilities  $103.4 Trillion 
US Unfunded Liabilities (GAAP)  $126.2 Trillion 
Imaginary-Counterfeit Money  $126.2 Trillion 
Total National Assets  $146.6 Trillion 

Source: www.usdebtclock.org October 8, 2019


This imaginary-counterfeit money, currently $126.2 Trillion, will evaporate into the “thin air” from whence it came when USAPonzi implodes!


This is the biggest ($126.2 Trillionfinancial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.


John W White
Plano, TX