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

Imaginary-Booming U.S. Economy 181112
November 12, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, Senator Ted Cruz, and Dallas Mayor Mike Rawlings 11/12/18


The following is an Op-Ed to “The Wall Street Journal”“The New York Times”“The Washington Post”, and “The Dallas Morning News” which explains why the U.S. Economy is Booming because Oswald shot JFK


The “news media” has an ethical responsibility to inform the general public of how the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can “feather their own nests” and “dramatically feather the nests of their upper-class friends”.


The “news media” is aiding and abetting the corrupt and criminal U.S. Government by refusing to report this fiscal and accounting fraud! The U.S. Government should be operating its fiscal policy with accrual accounting!


Imaginary-Booming U.S. Economy 181112
November 12, 2018


The U.S. economy appears to be booming!


The U.S. economy appears to be booming because the U.S. Government is printing counterfeit money!


The corrupt and criminal U.S. Government has created an “Imaginary-Booming U.S. Economy” by printing $115.5 Trillion of imaginary-counterfeit money!


The corrupt and criminal U.S. Government has fraudulently borrowed $115.5 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans, money the future Americans do not have, and given it to the U.S. upper class!


The corrupt and criminal U.S. Government is committing a fiscal and accounting fraud that is in the process of fraudulently borrowing an infinite amount of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class!


Because Oswald shot JFK!!!


I contend that this Imaginary-Booming U.S. Economy” was created because someone, possibly the Russians, interfered with the democratic processes in America by having Lee Harvey Oswald shoot John Fitzgerald Kennedy! This incident, whoever was responsible for it, set off a chain reaction that has produced what I call The Oswald Financial Bubble!


The U.S. economy only appears to be booming because the U.S. Government is printing counterfeit money, I call it imaginary-counterfeit money, and giving it to the U.S. upper class by committing fiscal and accounting fraud!


The U.S. Government is committing fiscal and accounting fraud because it is not adhering to Generally Accepted Accounting Principles (GAAP Accounting). The U.S. Government is not properly accruing for the future benefit promises that it has made to the U.S. general public!


The corrupt and criminal U.S. Government has been running a classic Ponzi scheme, I call it USAPonzi, since FY1969 and as a result has given the U.S. upper class $115.5 Trillion of imaginary-counterfeit money and is giving them $16.6 Billion more every day with ongoing GAAP basis deficit spending!


The corrupt and criminal U.S. Government is causing the U.S. economy to boom by giving the U.S. upper class $115.5 Trillion of imaginary-counterfeit money!


The U.S. economy should be booming because the corrupt and criminal U.S. Government is operating a massive Ponzi scheme that is fraudulently borrowing an unending and ever-increasing stream of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class!


As the following headline indicates, Jay Powell the Chairman of the U.S. Federal Reserve Bank sees a “remarkably positive outlook” for the U.S. economy! Apparently, the Chairman of the Fed is unaware of this $115.5 Trillion fraud! (See Powell Fed is a Fraud)!


The booming U.S. economy is “too good to be true” because it is the result of a $115.5 Trillion criminal act by the corrupt and criminal U.S. Government!


Fed's Powell sees 'remarkably positive outlook' for economy that may be 'too good to be true'


Federal Reserve Chairman Jerome Powell cited a "remarkably positive outlook" for a U.S. economy enjoying both low unemployment and inflation.


A reporter asked Powell after last week's Fed meeting whether the outlook was "too good to be true," and he said it was "a reasonable question."


Jeff Cox | @JeffCoxCNBCcom
Published 3:20 PM ET Tue, 2 Oct 2018 Updated 7:22 PM ET Tue, 2 Oct 2018


The U.S. economy is booming because the U.S. Government is printing imaginary-counterfeit money and giving it to the U.S. upper class at the current rate of $16.6 Billion a day and the Chairman of the Federal Reserve Bank apparently has no clue that this is happening!


The U.S. Government has already printed $115.5 Trillion of imaginary-counterfeit money and given it to the U.S. upper class and the Chairman of the Federal Reserve Bank apparently has no clue that this has happened!


How big is the “Imaginary-Booming U.S. Economy”?


The table below shows the estimated size of the Top 10 World Economies for the next two years!



The United States of America has the biggest economy in the world because the corrupt and criminal U.S. Government has printed $115.5 Trillion of imaginary-counterfeit money since FY1969 and given it to the U.S. upper class by committing fiscal and accounting fraud! GAAP basis deficit spending by the U.S. Government prints imaginary-counterfeit money and gives it to the U.S. upper class by undertaxing them! The U.S. Government fiscal policy is estimated to incur a GAAP Deficit in FY2019 of $6.06 Trillion!


China has the second biggest economy in the world for two reasons; 1) China is also printing counterfeit money with deficit spending and 2) Americans are buying a lot of stuff from China with $115.5 Trillion of imaginary-counterfeit money!


The fact that the U.S. Government is printing counterfeit money, with GAAP basis deficit spending, is stimulating the entire global economy because Americans are buying stuff from everyone with $115.5 Trillion of imaginary-counterfeit money that the corrupt and criminal U.S. Government is fraudulently borrowing from the future Americans!


Donald J. Trump is correct when he says that the U.S. economy has never been stronger because the U.S. economy appears to get stronger every day because the U.S. Government borrows $16.6 Billion more imaginary-counterfeit money every day from the future Americans to increase the imaginary-counterfeit wealth of the U.S. upper class and to provide more imaginary-counterfeit buying power for the U.S. economy!


Donald J. Trump likes to take credit for the Booming U.S. Economy but the Imaginary-Booming U.S. Economy” was produced by another scoundrel, Lyndon Baines Johnson, in January of 1968 when he convinced Congress to adopt the “Unified Budget”!


USAPonzi is a $115.5 Trillion fraud that is growing by $16.6 Billion a day!


The U.S. Government is borrowing money, $16.6 Billion a day, from the future Americans, money that the future Americans do not have, and giving it to the U.S. upper class!


The U.S. Government is corrupt!


The senior officials of the U.S. Government are common criminals that have committed a $115.5 Trillion criminal act by not operating the U.S. Government fiscal policy with proper accrual accounting! The senior officials of the U.S. Government are common criminals because they are direct financial beneficiaries of this massive fraud! The corrupt and criminal U.S. Government is overpaying itself with imaginary-counterfeit money!


We have 535 criminals in the U.S. Congress and an untold number of criminals in the White House!


I have sent 14 whistleblower letters to the U.S. Securities and Exchange Commission, a whistleblower letter to every member of the U.S. Congress, and 9 whistleblower letters to each member of the U.S. Supreme Court so that all three branches of the U.S. Government would be informed of this massive fraud!


I have also sent over 200 Op-Eds to the “mainstream media” in an attempt to expose this massive fraud to the citizens of Planet Earth! None of these Op-Ed candidates have been published!


This massive fraud is explained in more detail in my Open Letter to US Government, my Open Letter to Planet Earth, and my Open Letter to US General Public!


I have presented specific fraud charges against the U.S. Government in my Fraud Charges against U.S. Government commentary!


I have also explained this fraud to the International Monetary Fund in my Open Letter to the International Monetary Fund commentary!


To eliminate this massive ($115.5 Trillion) fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.

 

National Debt  $21.7 Trillion 
Cash Deficit in FY2019  $0.83 Trillion 
GAAP Deficit in FY2019  $6.06 Trillion 
US Unfunded Future Liabilities  $93.8 Trillion 
US Unfunded Liabilities (GAAP)  $115.5 Trillion 
Imaginary-Counterfeit Money  $115.5 Trillion 
Total National Assets  $150.3 Trillion 

Source: www.usdebtclock.org Nov 12, 2018


This fraud/Ponzi scheme (USAPonzi) is explained in much more detail on my websites www.usaponzi.net and www.usaponzi.com and in my books “USAPonzi” 11/22/15, “USAPonzi2 5/1/17, “USAPonzi3 2/1/18, and “USAPonziA 9/1/18! Each of these books have updates that I made every few days until the next book was published. I have published 677 commentaries since March 29, 2013 in an attempt to explain and expose this massive U.S. Government fraud!


This is the biggest ($115.5 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.


John W White
Plano, TX