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-current
January 22, 2020


I am a whistleblower! 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 corrupt U.S. Government is lying to and cheating the U.S. general public by promising future benefits to the U.S. general public but is not taxing the U.S. upper class enough to properly accrue the money to pay for these future benefit promises!


The corrupt U.S. Government has fraudulently enriched the U.S. upper class by $127.8 Trillion by undertaxing them and has fraudulently cheated the U.S. general public out of $104.6 Trillion by underfunding these future benefit promises!


The corrupt U.S. Government is in the process of fraudulently borrowing an infinite amount of money from the future Americans and giving it to the U.S. upper class!


The corrupt 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. upper class is getting rich, the stock market is going up, and the U.S. economy appears to be very strong because 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!


The corrupt U.S. Government is not operating its fiscal policy according to 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 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! This money is counterfeit because the future Americans do not have an infinite amount of money!


This is today a $127.8 Trillion fraud!


The corrupt 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 $127.8 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!


This accounting fraud is colossally enriching the U.S. upper class, is colossally cheating the U.S. general public, is colossally cheating the rest of the planet, is causing colossal 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 corrupt 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--4-to-congress-200120.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