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

USAPonzi-The Great American Fraud-current
January 22, 2020


In this commentary I will explain how the U.S. Government is committing a fiscal and accounting fraud that is enriching the U.S. upper class and cheating the U.S. general public!


The U.S. Government is corrupt
The corrupt U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting)! 


The U.S. Government is lying to and cheating the U.S. general public so that it can enrich the U.S. upper class and the U.S. ruling class
The U.S. Government is promising to pay benefits to the U.S. general public but is not properly taxing the U.S. upper class to pay for these benefits! The U.S. Government is making benefit promises to the U.S. general public that it has no intention or capability to keep!


This is lying
! This is fraud!


The U.S. Government is running a classic Ponzi scheme, by committing a fiscal and accounting fraud that I have named it USAPonzi, which is promising future benefits to the U.S. general public but is not taxing the U.S. upper class enough to pay for these benefit promises! The U.S. Government is not operating its fiscal policy with GAAP Accounting (accrual accounting) that would properly accrue the money to pay these benefit promises!


Because of this fiscal and accounting fraud that I call USAPonzi, the corrupt U.S. Government is fraudulently borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class while fraudulently underfunding the benefit promises to the U.S. general public!


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!


Because of this fiscal and accounting fraud that I call USAPonzi, the U.S. upper class is getting rich and the U.S. general public is getting screwed!


The U.S. upper class has been undertaxed by $127.8 Trillion!


The U.S. ruling class has been overpaid by $23.2 Trillion!


The U.S. general public has been screwed by $104.6 Trillion!


Does that seem fair??


You can learn more about this fraud/Ponzi scheme by reading my websites www.usaponzi.net and www.usaponzi.com or by reading my sixth book on USAPonzi “USAPonziC which is available on Amazon.


This is the biggest ($127.8 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