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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: NOW who wrote (262462)7/20/2010 4:09:57 PM
From: stockman_scottRead Replies (3) of 306849
 
<<...President Barack Obama struck an optimistic tone over the ongoing oil disaster Monday afternoon, saying that "things are going to return to normal" on the stricken Gulf Coast after much pain and frustration, and that the polluted waters will eventually be in better shape than before the leak began...>>

The Exxon Valdez spill was over 20 years ago and Prince William Sound in Alaska is not yet "back to normal"...and BP's oil spill in the Gulf could easily be more than ten times the size of the Valdez spill...Gonna be a LONG TIME before we really know the long term impact of this historic oil spill in the Gulf...and remember that BP also has used a record quantity of the toxic dispersant Corexit too -- it's a GIANT science experiment in the Gulf and who really knows what about 1.5 Million gallons of Corexit will do to the entire water column and to the wetlands. It will be decades before the Gulf will start to fully recover...and it may never ever be quite the same again.
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