Category Archives: U. S. Debt

Democrat Congresswoman Pelosi Blocking Investigation into Chinese Coronavirus Origins, Tax Money to China’s Wuhan Lab

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 […]

Texas Expects to Lose 360,000+ Jobs Due to Oil Price Collapse

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 […]

U. S. Senator McConnell says he favors allowing states to declare bankruptcy

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 […]

Crude oil plunged to just one cent a barrel!

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. […]