Dr. Jim Collier's Insights & Strategies » Add New Tag http://drjimcollier.com PRACTICAL WISDOM FOR EVERYDAY LIVING Sat, 24 Jul 2010 11:54:37 +0000 en hourly 1 http://wordpress.org/?v=3.0 Bail Out Bail Out… http://drjimcollier.com/business/bail-out-bail-out/ http://drjimcollier.com/business/bail-out-bail-out/#comments Wed, 08 Oct 2008 17:00:39 +0000 drjim http://drjimcollier.com/?p=187 I was talking to some friends during a radio taping the other day and the conversation turned to the recent bail out bill of 700 billion dollars plus. I told them that this was just the beginning and the strategy is to lay the groundwork for more bailouts.

The 25 billion dollar bailout of the big three in Detroit was hardly even noticed. They are supposed to make more fuel efficient automobiles with the heavily subsidized loans. I think it is worth mentioning that two U.S. automakers will not touch the money – Honda and Toyota.

To read more check out the story over at Forbes

]]> http://drjimcollier.com/business/bail-out-bail-out/feed/ 0 Financial Insights Into The Current State Of The U.S. Economy http://drjimcollier.com/business/financial-insights-into-the-current-state-of-the-us-economy/ http://drjimcollier.com/business/financial-insights-into-the-current-state-of-the-us-economy/#comments Fri, 26 Sep 2008 20:35:50 +0000 drjim http://drjimcollier.com/?p=162 Here is an article from the FDIC website:

Acquisition of Washington Mutual Bank

September 25, 2008

Banking operations of Washington Mutual, Inc were sold in a transaction facilitated by the Office of Thrift Supervision (OTS) and the FDIC. All deposit accounts and all loans have been transferred to JPMorgan Chase Bank.  

I am going to start a series of articles to give some insight into what is going on in our economy.  I am not giving financial advice but just my opinion based on certain facts.  Stay tuned!

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