The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Sea Otter who wrote (151568)	9/28/2008 2:05:54 PM
From: Cal Amari	Read Replies (1) of 306849

"Buying Haliburton after 9/11 was a great move. What's the equivalent thing to do now ... Sure, the US is going down big-time. But there's always money to be made in the carcass of any disaster. Any ideas?" The obvious analogy to Halliburton in 2001 is Goldman Sachs in 2008. In 2001, Halliburton had its former controlling member (Cheney) well-positioned in our government to steer "no-bid" (read: overpriced, no accountability) contracts to his former company. In 2008, Goldman Sachs has its former controlling member (Paulson) well-positioned in our government to steer funds to his former company to buy overpriced assets with little to no accountability. Sadly, history really does repeat itself. J6P doesn't pay enough attention to realize it.

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