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

Whistleblower Letter #1 to Planet Earth 191220
December 20, 2019
Emailed to United Nations, 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/CNBC/DMN, and Dallas Mayor Eric Johnson on 12/19/19.


The following is a Whistleblower Letter to Planet Earth that explains how the U.S. Government is committing a fiscal and accounting fraud that has fraudulently elevated the status of America financially, economically, politically, and militarily relative to the rest of the planet and is causing global warming that is destroying planet earth!


Whistleblower Letter #1 to Planet Earth

December 20, 2019

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


The U.S. Government is committing a fiscal and accounting fraud that is in the process of printing an infinite amount of counterfeit money and giving it to the U.S. upper class! This accounting fraud has dramatically elevated the status of America financially, economically, politically, and militarily relative to the rest of the planet! This accounting fraud has dramatically elevated the status of the global upper class relative to the global general public! This accounting fraud is causing global warming that is destroying planet earth!


The U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting) and as a result is operating a classic Ponzi scheme, I call it USAPonzi, that is in the process of fraudulently borrowing an infinite amount of money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


By not operating its fiscal policy with proper GAAP Accounting, the U.S. Government has undertaxed the U.S. upper class by $127.3 Trillion and has fraudulently deferred $127.3 Trillion of public liabilities to the future Americans! The U.S. Government is promising future benefits to the U.S. general public but is not accruing the money to pay for these future benefits! This is a $127.3 Trillion fraud!


The U.S. Government is committing a fiscal and accounting fraud that is in the process of printing an infinite stream of counterfeit money, so far $127.3 Trillion, so Americans can build and buy an infinite stream of stuff without having to pay for it!


The United Nations must require that all countries that sponsor a currency that is used for international trade, operate their fiscal policies with accrual accounting, commonly called GAAP Accounting in the United States of America, in order to provide a level economic and financial playing field throughout the planet!


By not using accrual accounting, the U.S. Government is fraudulently and colossally enriching the U.S. upper class and the global upper class!


This accounting fraud is in the process of printing an infinite amount of counterfeit money and giving it to the U.S. upper class and therefore is colossally enriching the U.S. upper class, is dramatically enriching the U.S. ruling class, is colossally cheating the U.S. general public, is colossally cheating the rest of the planet, is causing wealth and income inequality, is filling up planet earth with an infinite stream of  environment-polluting physical objects, that are being built and bought with this infinite stream of counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans which is causing global warming that is destroying planet earth!


This accounting fraud can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government!


My whistleblower letters to the U.S. Congress and the United Nations provide more insight into this accounting fraud that I have named USAPonzi!


http://www.usaponzi.com/whistleblower-letter--3-to-congress-191110.html

http://www.usaponzi.com/whistleblower-letter--1-to-united-nations-191203.html


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


John W. White

Plano, TX