This week Tom Donahue of the US Chamber stated that the US Chamber was ending their efforts to block or derail the Affordable Care Act and are now focused on making this work. Interesting development and just speaking for myself, I think this will be a lot more productive than their past efforts.
I received an email from a member about what appears to be a scam. Have any of you received similar calls?
I have just had an attempt at a phone scam purporting to come from the Treasury Department Office of Legal Affairs. They didn't get very far. They claimed that if I didn't do what they wanted, the Treasury Dept would be taking enforcement action in 30 mins. Phone number used 559 328 2394. I said "this is a scam" and hung up. No idea what they would have wanted me to do after that
It sounded like the same people who were pretending to be Microsoft last year, though I have no proof of that. Given that tax season is on us, maybe we should get the word out.
Disappointing numbers on the job front. It was announced this morning that only 74,000 jobs were added in December. Surprisingly, the unemployment rate went down from 7% to 6.7% because of baby boomers taking retirement and people dropping out of the labor force because they are not looking for jobs. What do you make of this? Is it an aberration or a signal that job growth has stagnated. Do you think the Federal Reserve should revisit their reduced purchasing of bonds?
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