The national debt has long been portrayed as a burden we’re placing on future generations. John Oliver discusses how national debt works.
Category Archives: U. S. Debt
Credit card debt is one of the most common types of debt. Many people and businesses are affected by it. The reason why is that credit card machines are quite expensive, and it is a pretty complex process to get it to work with the right terminals and software. That’s why there are a lot of […]
Republican Congressman Guy Reschenthaler told Breitbart News that House Speaker Nancy Pelosi would rather investigate President Trump again than focus on the actual origins of the Chinese coronavirus and U.S. tax dollars that went to the Wuhan Institute of Virology from which intelligence officials increasingly believe the virus leaked. Congressman Reschenthaler stated: “We should […]
Parsley Energy CEO Matt Gallagher on Wednesday told CNBC’s Jim Cramer that Texas must issue an oil production cut, or risk putting almost 1 million jobs across the country in jeopardy. Gallagher said there are “360,000 jobs just in the state of Texas, close to 1 million jobs across the country, supported in [the] oil and […]
New York Governor Cuomo says Senate Majority Leader Mitch McConnell’s idea to let states declare bankruptcy is “really dumb.” Cuoma says that if states file bankruptcy “you will see a collapse of this national economy”. #bankrupt #debt #Cuomo # McConnell .
Senate Majority Leader Mitch McConnell said he favors allowing states struggling with high public employee pension costs amid the burdens of the pandemic response to declare bankruptcy as opposed to having American taxpayers bail them out. “I would certainly be in favor of allowing states to use the bankruptcy route,” Senator McConnell said in a response to […]
United States’ crude oil prices plunged to their lowest level in history as energy traders and risk managers continue to worry over a slump in demand due to the Wuhan coronavirus pandemic. West Texas Intermediate (WTI) crude oilfor May delivery sank to just ONE CENT per barrel — its lowest level on record. Please learn more here. […]
CNBC’s Bob Pisani breaks down the action in the oil exchange-trade funds. Something that’s never happened in the oil market is happening today: Negative prices for oil contracts!!