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March 2005 | Feb 2005 | Jan 2005 | Dec 2004 | Nov 2004 | Oct 2004


Client Communique
The Affiliated Group
P.O. Box 1088
Rochester, MN
55903-1088

A Letter from the President

A Hearty Thank-You!

November always puts me in a reflective mood and gets me thinking about all the things I'm thankful for.

I'm thankful for the family I've been blessed with and the relationships with friends, co-workers and clients without which life would be quite dull and largely unrewarding. I'm thankful for the role that God has chosen for me and pray for the opportunity to serve in more important ways.

I'm thankful for our elected officials and those that failed in their attempts. Without all of them, there could be no true democracy. I'm in awe of those who seek to serve us, knowing they can't please everyone, but forge ahead anyway.

I'm thankful that so many people put the safety of the American people before their own and have the courage to put themselves in harms way. Doing this, in the name of what is right and just, makes us different from any country on earth. The price of freedom can be high, but not nearly as high as the price of not defending our freedom.

I'm thankful for the opportunity to serve you, our clients, and pledge to try to do it better each day. And, for a company with so many staff members who pledge to do the same thing.

Thank you for your support.

Mark Neeb

President/CEO



Americans Hold Back on Holiday Shopping
According to the annual Holiday Shopping Survey conducted by Myvesta, a nonprofit consumer education organization, Americans plan to spend 14.3 percent less this year on holiday purchases.

FTC Issues Final Rules on Identity Theft
The Federal Trade Commission (FTC) recently issued final rules establishing the definitions of "identity theft" and "identity theft report," the duration of active duty alerts, and the definition of "appropriate proof of identity" under the Fair and Accurate Credit Transactions (FACT) Act.

U.S. Consumers Cut Savings To Pay Rising Health Bills
Americans have growing concerns about their ability to afford quality healthcare in the future, according to the 2004 Health Confidence Survey (HCS) released in October by the Employee Benefits Research Institute (EBRI).

President Bush Approves the Corporate Tax Reform Bill; the IRS Contracting Program Becomes Law
The president's signature on H.R. 4520 delivers a major legislative victory for the credit and collection industry. As part of the new law, the Internal Revenue Service (IRS) is now authorized to contract certain federal income tax collection activities to private collection agencies (PCAs)

More Than Three Years After 9/11, Many Businesses Still Unprepared
Three years after 9/11 and one year after the Northeast blackout, nearly a quarter of companies in the United States are conducting business as usual without developing, implementing and testing contingency plans, according to a recent study.


The Affiliated Group
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