USAPonzi-A $153.2T Fraud Too Big To See 200713
July 13, 2020
Emailed to The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 7/14/20.
The U.S. Government is corrupt! The U.S. Government is committing a $153.2 Trillion fiscal and accounting fraud that must be too big to see!
There is an old saying; “I can't see the forest for all of the damn trees”!
The flat vs. round earth argument lasted for centuries before it was resolved(?) and there may be even a few people today that hold on to the idea that the earth is flat!
Sometimes something false continues for such a long time it becomes accepted as truth!
Sometimes we know something is false, but it is inconvenient to acknowledge the truth!
Sometimes something is so huge that observers cannot get a good perspective as to what it really looks like!
I think that all of the above comments and idioms could apply to the U.S. Government accounting fraud that I call USAPonzi!
I contend that USAPonzi is “A Fraud Too Big To See”!
At least I hope that this is the case! It is the difference between the U.S. Government being run by “intentional criminals” or “accidental criminals”! But whether this fraud is too big to see or not, the U.S. Government is being run by common criminals!
USAPonzi is a $153.2 Trillion fraud that the U.S. Government has been running for the last 51 years so I guess if something is false for 51 years it can be accepted as true!
USAPonzi is a $153.2 Trillion fraud that is enriching America and the U.S. upper class so it would be inconvenient for this fraud to be exposed!
A silent argument has been quietly raging in Washington for the last half century about whether or not it is okay for the U.S. Government to have Unfunded Liabilities that are constantly increasing to what is now $153.2 Trillion! Is the earth flat or round?
The question boils down to this, is the U.S. Government exempt from “The Law of Gravity” and “The Laws of Mathematics”?
I contend that it is not!
But rather than come to grips with this issue, the leadership in Washington (both red and blue) have chosen to keep their heads in the sand and ignore it!
I can tell the leadership in Washington that if they keep their heads in the sand it will be hard to see anything including a $153.2 Trillion fraud!
But when USAPonzi is a $153.2 Trillion fraud that is Destroying Planet Earth, we must acknowledge this fraud and accept the truth (See The Death of Planet Earth)!
Financial information referenced in this commentary was sourced from www.usdebtclock.org on July 13, 2020!
I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.
This is the biggest ($153.2 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!
John W. White