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EPISODE · Oct 27, 2025 · 19 MIN

American Government Pension Plans

from The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism · host Jerry Rhoads

EFFECTIVE OR EFFICIENT GOVERNMENT DUSE OR DOGE The biggest unrecorded expense to Americans is the unfunded and unreported government pension plans. Approaching $1 trillion for Federal, State and Local employee 124 million employee payrolls. Plus there are unfunded social security funding and health care obligations not recorded or set asides for these ongoing obligations. Effectively, there are no GAAP accounting records just GAS government budgetary system reflecting approved expenditures, taxes and deficit spending that is added to the GDP calculations as a productive expenditure, and added to the budget cash receipts as a productive generated cash receipt ... hiding the biggest ponzi scheme of all times.FIRE THEM ALL AND START OVER ... EFFECTIVE GOVERNMENT IS ACCOUNTABLE GOVERNEMENT USING GAAP ACCOUNTING FOR FISCAL AND FINANCIAL ANDMANAGEMENT BY THE CABINET AND THEIR AGENCY RESPONSIBILITIES ... SUCH AS INCOME REPORTS ON EFFICENCY AND QUALITY OUTCOMES ... NOT BUDGET FANTACIES NEVER HELD ACCOUNTABLE OR ADEQUATELY FINANCED. A PONZI SCHEME AT ITS WORST. PUT OFF THE DEFICITS BY HIDING THE DEBT INSTRUMENTS THAT COMPOUND THE INTEREST PAYMENTS AND HAVE AN INVERTED YIELD CURVE FOR THE HEDGE FUNDERS AND SOCIAL SECURITY FUNDS TO WASTE VALUABLE CASH FLOW AND INSOLVENCY. WHEN THE LAST STEP TO BANKRUPTCY, IS TO CLOSE THE FEDERAL GOVERNMENT WHEN THE CURRENT REDEMPTION DATES REQUIRES PRINTING MORE TREASURYNOTES, BONDS, TIFFS TO MAKE PAYROLL AND PAY OFF DISCOUNTED BONDS. .USA HAS $100 TRILLION IN OUTSTANDING TRESURY DEBT WITH LONG TERM REDEMPTION DATES THAT WILL CREATE A RUN ON OUR COLLATERAL THIS DECADE.  

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