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Buckle Up.

By Rob Lambert - Email Editor

Date : Oct 12, 2006

My precious subscribers: I appreciate you. Thank you for the kind response to the Idi Amin newsletter. It is nice to be appreciated. I will try to never let you down; and to both introduce you to good guys (or gals) and tell you the truth about Asset Protection. This short newsletter is more of an observation and warning rather than a lesson.

I fear and expect that we are heading for terrible financial times like we saw at the end of the 1980’s. Rush Limbaugh will certainly disagree; however, I am right.

What happens when things get tough? Simple: lawsuits abound.

I expect the litigators to be fully employed for the next five years. Anybody with a beef (whether it is their fault or not) seems to run to the door of some gun-for-hire litigator rather than admit (or face) the Grim “Financial” Reaper.

What this means to the Asset Protection consumer is that it is time to buckle up. The ride is about to begin.

I believe that everybody in the once insular USA is wise to gird their loins.

Why?

Confidence is falling: Note, interest rates are WAY UP, and housing prices are going down. Further, we are all scared. I can no longer safely travel to the Middle East. This bothers me. Now, we all know (and the air waves are choked with warnings) that North Korea is armed with nuclear weapons. It was once easy to write this type of fear off by facing the obvious fact that the weapons are not deliverable. Now, we all know that North Korea could easily get $5 or $10 billion to boost its otherwise dead economy by selling one of its five remaining warheads to a terrorist group (financed by over inflated gas prices. … Hell, I just spent over a hundred dollars to fill up my Hummer). This device could easily find itself into New York in a shipping container and change my life, and all or yours, forever.

The bottom line is that we are all a bit scared; some more than others. No matter what, we are heading for harder times, economically and maybe politically, socially and personally. We all want to feel safe; and we no longer are. Our confidence in all things is falling.

So, no matter what happens, please take a step back and ask yourself what you need to do to protect yourself and your family. I don’t think that you can do a thing about the threats from abroad; however, you can protect yourself from internal threats.

Bottom line: If you can help yourself and your family survive the coming hard times, take the steps. I can’t help you with the terrorists; however, we can sure help you make sure that you keep your money insulated. That isn’t enough, but it is the best we can do from our little viewpoint on the front of the Asset Protection bunker.

Have a healthy and protected week.

Rob Lambert

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ABOUT THIS EDITOR:

Rob Lambert, Founder and former law professor is considered to be foremost expert on tax compliant asset protection structures. A contributing editor to Lexus Nexus debtor creditors series of law books Rob's passion is implement client wealth plans that stand the test of time and hold up under duress.

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