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

Van Taylor Whistleblower Letter 200617
June 17, 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 6/18/20


To: Van Taylor
      Congressman Texas District 3
      5600 Tennyson Parkway #275
      Plano, TX 75024


This is an open letter to you, my Congressman Van Taylor (TX03), to explain and expose the fraud and corruption within the U.S. Government!


I am a Whistleblower! The U.S. Government is corrupt!


The corrupt U.S. Government is committing a fiscal and accounting fraud by promising future benefits to the U.S. general public but not taxing the U.S. upper class to pay for this benefit promises.


This accounting fraud is undertaxing and enriching the U.S. upper class by $152.7 Trillion while cheating the U.S. general public by $126.6 Trillion by underfunding the benefit promises to the U.S. general public!


The corrupt U.S. Government is committing a fiscal and accounting fraud, by not operating its fiscal policy with proper GAAP Accounting, which has fraudulently given the U.S. upper class $152.7 Trillion and cheated the U.S. general public out of $126.6 Trillion!


The corrupt U.S. Government is running a $152.7 Trillion Ponzi scheme that I call USAPonzi! The corrupt U.S. Government is fraudulently borrowing money, I call it imaginary-counterfeit money, from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


On the average day in FY2020, the corrupt U.S. Government fraudulently borrows >$72.9 Billion of imaginary-counterfeit money from the future Americans and gives it to the U.S. upper class to enrich the elite in America (GAAP Deficit in FY2020 = >$26.6T/365 days = >$72.9B/day)!


I have previously sent you three Whistleblower Letters in an attempt to explain and expose this U.S. Government fiscal and accounting fraud!


Van Taylor Whistleblower Letter 190909 Global Warming
Van Taylor Whistleblower Letter 191209 Fraud Charges
Van Taylor Whistleblower Letter 200206 A $128 Trillion Crime


I have sent five Whistleblower Letters to each member of the U.S. Congress in an attempt to explain and expose this U.S. Government fiscal accounting fraud to the U.S. Congress!


Congress Whistleblower Letter #1 160425
Congress Whistleblower Letter #2 190221

Congress Whistleblower Letter #3 191110
Congress Whistleblower Letter #4 200120
Congress Whistleblower Letter #5 200501


I have sent you the following email to request a one-on-one meeting with you to directly explain the fraud and corruption within the U.S. Government that is enriching the U.S. upper class and cheating the U.S. general public and in addition is causing several even much more serious issues for Planet Earth


Email to Van Taylor
Tue 6/16/2020 9:06 AM


I am attaching the meeting request form for a meeting with Rep. Van Taylor.


I am also attaching Whistleblower Letters to Congress and the U.S. General Public and a pdf copy of my eighth book on this accounting fraud (USAPonziE).


The purpose of this meeting is to present my contention that the U.S. Government is committing a fiscal and accounting fraud, by not using proper GAAP Accounting, that is


Enriching the U.S. upper class
Cheating the U.S. general public
Cheating the rest of the planet
Causing the wealth and income gap
Causing a severe Social Injustice gap
Causing Global Warming
Causing the Coronavirus Pandemic
Promoting White Supremacy
Causing the coming Greatest Depression
Destroying Planet Earth


The U.S. Government has fraudulently borrowed $148.1 Trillion from the future Americans and given it to the U.S. upper class!


When this accounting fraud is exposed, we will see violent civil unrest throughout America and even throughout the planet!


The U.S. general public is not going to be happy when they find out that the U.S. Government has, for the last 51 years, been enriching the U.S. upper class by $148.1 Trillion by cheating the U.S. general public by $122.0 Trillion.


John W White


Author's Note: usdebtclock.org made a step function change to their estimates of the U.S. Government financial condition between June 15, 2020 and June 17, 2020! In particular, they increased their estimate of US Unfunded Future Liabilities from $122.0 Trillion to $126.6 Trillion! Therefore, the numbers I presented in the above email are different than the numbers I present in this letter!


The corrupt U.S. Government is committing a fiscal and accounting fraud, by not operating its fiscal policy with proper GAAP Accounting, which has fraudulently given the U.S. upper class $152.7 Trillion and cheated the U.S. general public out of $126.6 Trillion! The corrupt U.S. Government is running a $152.7 Trillion Ponzi scheme that I call USAPonzi!


On the average day in FY2020, the corrupt U.S. Government fraudulently borrows >$72.9 Billion of imaginary-counterfeit money from the future Americans and gives it to the U.S. upper class to enrich the elite in America (GAAP Deficit in FY2020 = >$26.6T/365 days = >$72.9B/day)!


The following is a link to a short Whistleblower Letter to Planet Earth in an attempt to broadly explain and expose this U.S. Government fraud and corruption!


Whistleblower Letter #2 to Planet Earth



US National Debt  $26.1 Trillion 
Cash Deficit in FY2020  $2.91 Trillion 
GAAP Deficit in FY2020  >$26.6 Trillion 
US Unfunded Future Liabilities  $126.6 Trillion 
US Unfunded Liabilities (GAAP)  $152.7 Trillion 
Imaginary-Counterfeit Money  $152.7 Trillion 
US Total National Assets  $133.7 Trillion 

Source: www.usdebtclock.org June 17, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP)US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020, therefore the GAAP Deficit in FY2020 will be >$26.6 Trillion (>$152.7T-$126.1T = >$26.6T).


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this fraud and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon in Kindle or Paperback format and can be downloaded from my www.usaponzi.net website in Kindle or pdf format.


This is the biggest ($152.7 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