Dr. Jim Collier's Insights & Strategies » Bailout 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 The Push to Raise the Limits of FDIC http://drjimcollier.com/business/the-push-to-raise-the-limits-of-fdic/ http://drjimcollier.com/business/the-push-to-raise-the-limits-of-fdic/#comments Wed, 01 Oct 2008 17:07:52 +0000 drjim http://drjimcollier.com/?p=181 The push is on by the Bush Administration to raise the FDIC insurance on deposits to $250,000. For more information on what the FDIC currently covers see our recent articles on the FDIC.The FDIC insures close to $4.5 trillion in deposits and has about $45 billion in the actual fund. When the new bill passes it will raise this substantially. Notice that I didn’t say if but when.

Do not be fooled by all of the political grandstanding. This bailout is inevitable.

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