Tuesday, January 10, 2006
Headlines--- Correction---Photo of Judy MacNeal ######## surrounding the article denotes it is a "press release"
Correction---Photo of Judy MacNeal
Judy MacNeal "I work for gkv Communications, National Penn Bank's advertising and public relations agency of record. "It has been brought to our attention that Leasing News has posted the wrong photo with the story announcing that Judy MacNeal has been named the sales manager for National Penn Leasing. "The photo used is not only inaccurate, but inappropriate. I have attached the appropriate photograph to accompany the announcement. "Please remove this photo immediately and give me a call at 410.234.2439 so we can discuss a very prominent correction in your publication. "Thanks in advance for your quick efforts to remove this photograph." Kevin Kempske Senior Vice President, Director of Public Relations gkv Communications "Appropriate photograph:"
Judy MacNeal full story: Judy MacNeal Named Sales Manager of National Penn Leasing http://www.leasingnews.org/#penn -------------------------------------------------------------- Archives-January 9, 2001-Ciarrocchi says Bye "To everyone, "I have resigned as of January 9, 2001 from Advanta Leasing Services, to find another challenging position in sales / marketing. It has been a pleasure to meet each and everyone one of you. "Thank you and please keep in touch." Chris Ciarrocchi (Last heard from, Chris became a stock broker. Any further news, please let us know. editor) Archives-Advanta on Rating Watch by Fitch Advanta Corp.'s Ratings Remain on Rating Watch by Fitch (They state despite sale of Mortgage division, plans are still to sell the leasing division and concentrate of credit card sales for 'liquidity.') "Fitch anticipates that the successful sale of the mortgage operations will improve company liquidity over the intermediate term. However, this sale will reduce the company's business line focus, leaving only the business credit card and small ticket leasing units. "Going forward, Advanta is expected to focus on growing its business credit card unit ($1.5 billion in receivables at Sept. 30, 2000) and attempting to complete the sale or restructuring of its marginal leasing operation. "Future ratings by Fitch will reflect it's scaled down business franchise, lack of seasoning and aggressive growth of the existing business credit card unit. Additional considerations will be the utilization of any excess cash after paying down maturing debt, capital structure of the streamlined company as well the performance of the business credit card operation. "A final ratings determination will be made following Fitch's meeting with company management and the completion of the sale of the mortgage operations." -------------------------------------------------------------- Classified Ads---Senior Management Atlanta, GA Baltimore, MD Chicago, IL Denver, CO . Hope, NJ . Irvine, CA. Jacksonville, FL. Lawton, OK. Long Island, NY New York, NY, NJ, Ct Tri-State Orange County, CA Philadelphia, PA. Salt Lake City, UT San Francisco, CA., Sausalito, Ca Syracuse, N.Y. Wilmington, DE. For a full listing of all "job wanted" ads, please go to: http://216.66.242.252/AL/LeasingNews/JobPostings.htm To place a free "job wanted" ad, please go to: http://216.66.242.252/AL/LeasingNews/PostingForm.asp --------------------------------------------------------------
New CLP Officers and Board to Meet Challenges in 2006
In November 2005 the Certified Leasing Professional Foundation held elections for three open positions on their 2006 Board of Directors. Then on January 4, 2006, the new CLP Foundation Board elected the officers for their 2006 Board of Directors. President: James K. Merrliees, CLP Vice President: Robert Teichman, CLP Secretary: Marci L. Slagle, CLP Treasurer: D. Paul Nibarger, CLP The CLP Foundation is the official governing body for the Certified Lease Professional ("CLP") Program. The CLP designation claims to set the standard for professionalism in the leasing industry. The purpose is to identify and recognize individuals within the leasing industry who have demonstrated their competency through written exams conducted by the CLP Foundation. At the present time, the CLP Foundation is supported by the Equipment Association of Equipment Lessors, National Association of Equipment Brokers, and the United Association of Equipment Leasing. The largest, both in numbers and major leasing companies, the Equipment Leasing Association does not support the CLP program. At the end of last year, the total count of CLP's named on line was 173, according to Cynthia W. Spurdle, Executive Director of the foundation. http://leasingnews.org/PDF/CLP_List.pdf At the beginning of 2005, there were 223 on the list, with 221 active in the equipment leasing industry. The year saw a loss of 65, but with "15 leasing professionals that successfully passed the CLP Exam and received their CLP designations," it brought it down to 50. 2006 Board of Directors Past President: Stephen P. Crane, CLP Director: Joseph G. Bonanno, Esq., CLP Director: James E. Coston, Esq., CLP Director: Steven B. Geller, CLP Director: Brent M. Hall, CLP Director: Shari L. Lipski, CLP Director: John G. Rosenlund, CLP "The CLP Foundation joins everyone in our industry in looking forward to a very productive and prosperous 2006," noted Executive Director Cynthia W. Spurdle. "We invite you to visit our web site -- www.clpfoundation.org -- for detailed information about the CLP Foundation and the CLP Program. For further information about our Mentor Program and Anonymous Test Taker Program please contact:" Cynthia W. Spurdle -------------------------------------------------------------- Review of 2005 and Forecast for 2006 By: Ron Caruso
Often we get caught up in the day to day challenges and lose sight of the so-called big picture. It's a common occurrence in our everyday multi-tasking work-home environment. So, take a deep breath and spend a few minutes with me, reviewing the challenges we faced in '05 and then attempting to predict what will be the key issues we will face in 06. in leasing and in our everyday financial worlds, because as we all know, the things that affect us in our personal financial worlds can multiply and come back to have broader implications in our business lives. Proof of this assertion is in the economic heart of 2005. What kept the economy churning and our GDP increasing, was you and me, in our other identity as consumers. Yes, the consumer makes up more than 60 % of our economy. But this past year, you and I really did our best with our checkbooks and our plastic to keep the economy moving along at a brisk pace. From this perspective, you and I are the man/woman of the year. Without our efforts, the economy could have gone into a tailspin. There is another super-hero who also should be commended, Mr. Greenspan. History will judge his ranking among all other heads of the Federal Reserve, but make no mistake about it, his words as much as his actions impacted the financial markets here and abroad to an incredible degree. Currently, we are at a state of having an almost inverted yield curve, comparing short term and long term yields on government securities. Sure, the Fed continued in an orderly fashion to bump up the open market rate (as they more than hinted) throughout the year. However, our money costs are still quite low and inflation, that old bugaboo is even lower. Does this make Uncle Al a miracle worker? Well, consider for a moment that the national debt, which Congress will shortly be raising, now stands at $8.1 TRILLION DOLLARS!! This is quite a financial load for future generations to have to repay. However, you and I will be doing our fair share and of course paying the interest. If the economy were to have a major hiccup, what do you think would happen to the cost of borrowing for the federal government? Sorry, Virginia, even Santa Claus could not help that scenario. We must keep in mind that two of our biggest trading partners, China and Japan, are also two of the largest subscribers to our country's debt securities. Yes, there is a connection between deficit in the balance of payments and our multinational trading relationships. I'm not here to debate the implications of this situation, but only to recognize it as a socio-political-financial reality. When we review all the economic "challenges we as individuals and we as a country faced in '05, we need to pat ourselves on the back-we did okay. Consider just a few issues: 1) The cost of the war in Iraq, the human toll, and the financial and psychological costs continue with no realistic sight in end; 2) Mother Nature was not very kind to us, especially in the Southeast. Hurricanes Katrina and Wilma left both a major city in ruins, and massive destruction in their paths-even the ELA's annual conference was impacted! 3) The basic laws of supply and demand as far as energy costs were dramatically skewed by the needs of China and India. Americans were confronted with gasoline costs that rivaled what Europeans were paying. How relieved we were when gas plunged to "only" $2.50 per gallon in upstate New York!! The leasing industry had its share of major challenges as well. Legal quagmires such as Norvergence did nothing but tarnish the industry's reputation, deserved or not. Coming on the heels of Congressional inquiry into sophisticated tax shelters involving municipal lessees, as well as major airlines in bankruptcy repudiating their aircraft lease obligations, the year had its major challenges. Congress seemed intent to make sure that what it regarded as abuses would no longer be available in the world of leasing. The only good news from this is that the market for used aircraft started to turn around, providing a cushion for some lessors facing the predicament of having more than a few aircraft being returned. Capital spending continued at a modest, very modest pace. Companies seemed more inclined to maintain a healthy balance sheet with a mega-sized wallet stuffed with liquid assets, than plunge into major acquisitions or expansion. Additionally, FASB and IASB hinted at renewed interest in re-examining the accounting underpinnings of leasing as Sarbanes-Oxley also caused more than mild indigestion in terms of its disclosure requirements and increased auditing and reporting costs. Perhaps the major concern for the leasing industry this past year was a very simple one: not enough volume. The virtual elimination of the leverage leasing market sent big ticket lessors scurrying into other markets for new business. Some were able to do it quite successfully-others found the middle market and small ticket sectors had their own unique challenges and needs. Often their internal capabilities were not a match for the requirements to be successful for these market segments. As we enter the new year, some of these challenges and issues will continue. Some will continue as unique individual issues, others will either change the competitive landscape or how we do business. They will not go away, but will continue to be part of the "virtual reality" of our everyday existence in equipment financing. There is however some good news on the horizon: capital spending may come back! Record profits have allowed companies to repair their balance sheets and accumulate a lot of cash. Companies in the U.S., Japan and Europe combined saved $908 billion more than they spent between 2000 and 2004. By way of comparison in the previous four years corporate spending exceeded savings by a net $630 billion. Capital spending resurgence could go a long way in easing the pressure on consumers, the bulwark of our economy for the past several years. The timing could not be better. There is concern among economists that the combination of increased debt costs and a leveling or downturn in the housing market could put additional strains on consumer spending. Where to look for increased capital spending? Let's start with our domestic airlines. Admittedly they have not shared in the glut of profits of Corporate America the past few years. However, competitive pressures, an upswing in travel demand and greater efficiencies from new aircraft will lead them to begin replacing their aged fleets. This could lead to another year of significant increases in orders for not only Boeing and Airbus, but also for the manufacturers of so-called regional jets and corporate jets. Similarly, other transportation segments will be looking to modernize and/or expand such as the trucking industry and railroads. Energy will continue to look for new sources and the car industry will again be retooling to bring us their latest and greatest. A key concern for all of these possibilities is whether the capital spending will be concentrated in equipment for enhanced cost efficiencies or expansion of production capacity. Some might not want to quibble-spending of this kind is still spending. However, the vitality of our economy and the opportunities for future generations are all tied to business expansion and diversification-two essentials for increased jobs. Our economy continues to go through some very major transitions. Who would have thought ten years ago that purchasing the stock or the debt securities of Ford or General Motors would be considered risky investments? More than forty years ago, a man by the name of Marshall McLuhan wrote about the global village that was just beginning to happen. Since that time we have become used to being part of, albeit a significant part, of the global economy. The international communication capabilities, computer hardware and software capabilities that are part of our everyday business lives have created major changes in how and where business is done. We are not moving gradually into either global reality, we are being pushed into them by the new technologies, enhancing the way business is being done, and by whom. Our roles in this new reality will require constant reassessment of our capabilities and the willingness to continuously retrain and upgrade those capabilities. Without this level of commitment within the leasing industry, or within the general business community, our competitive position will be eroded. Stay tuned. Ron Caruso --------------------------------------------------------------
-------------------------------------------------------------- Classified Ads---Help Wanted Equipment Finance & Leasing Representative
--------------------------------------------------------------- Top Stories-January 2-6
These are the top ten stories most "opened" by readers last week. ( 1 ) Leasing Companies Duped for $83 Million (2) Robert C. Heeney, Jr. passes away (3 ) Hy Bren passes away (4) Leasing News Person for the year 2005 Paul J. Menzel, CLP (5) Paul J. Menzel, CLP responds: "Person of the Year 2005" (6) Super Broker List-Up-Date (7) AG's NorVergence Response: 48.2% Take Settlement (8) Alert--Hughes Network Systems (9 ) "Funder" List up-dated---Now 76 (10) Judy MacNeal Named Sales Manager of National Penn Leasing http://www.leasingnews.org/#penn --------------------------------------------------------------
Leasing News Mission
"Independent, unbiased and fair news about the Leasing Industry." One of our main goals is to be a crusader of ideas; a provocateur of thought, presenting all sides following internet netiquette. We will continue as an ombudsman to help "arbitrate, negotiate," "resolve" complaints, answer specific questions that readers may have, help provide solutions, sources, contacts, tools, resources, and make available the truth of what is really happening in the leasing industry. It is our mission to not represent one viewpoint, but to give all sides available, and to find the truth behind a "spin" in a press release. To be first with the news and to follow-up until full conclusion. We do not represent a "membership" or group who's interest is primarily promoting their membership and activities. We are independent in every spirit of the word. We have written about advertisers, friends, leasing associations, and seek to represent all sides equally. We have placed "advertisers" in our complaint bulletin board, informing them that they may no longer advertise here. Opinions and viewpoints in an article are allowed when the article is signed by the writer, as is the policy of Associated Press. If a writer has a potential conflict of interest, a disclaimer will be included in any article. All press releases, written by others will be so indicated with ##### surrounding. We only will have an edition when there is "sufficient equipment leasing news." We will continue to help those seeking employment or who want to seek a better position. Originally our "help wanted" ads were free, but too many were taking advantage in seeking "commissioned salesmen," so now this has become a "paid" privilege. Our other classified ad, such as "job wanted," "outsourcing," and "attorney" ads will remain free. The Leasing News Advisory Board is chosen by the publisher. They are not financially compensated. They participate in the overall direction of our electronic newspaper. As with a printed newspaper, it is the editor's sole discretion as to what is "printed" and not "printed;" specifically the advisory board is not consulted for editorial content. It is not an editorial board. While we are in a different century, different time, and do not have the circulation of "The World," Leasing News will strive to follow "The World's" editorial policy as expressed by its publisher Joseph Pulitzer. Christopher "Kit" Menkin, Editor/Publisher January 10, 2006 The Mission of "The World" newspaper "An institution which should always fight for progress and reform; never tolerate injustice or corruption; always fight demagogues of all parties; never belong to any party; always oppose privileged classes and public plunder; never lack sympathy with the poor; always remain devoted to the public welfare; never be satisfied with merely printing the news; always be drastically independent; never be afraid to attack wrong, whether by predatory plutocracy or predatory poverty." October 30, 1911 Frank J. Cobb, editor, "The World." His statement is a quote from the publisher Joseph Pulitzer's retirement speech on April 10, 1907. The policy and mission of Leasing News are available in each edition printed. http://www.leasingnews.org/Mission_Statement.htm http://www.leasingnews.org/policy.htm -------------------------------------------------------------- National Poll Reveals American Business Leaders Link Access to NEW YORK, -- Facing a decline in the number of skilled workers, American business leaders overwhelmingly back public funding for pre-kindergarten for all children to keep the U.S. economy globally competitive, according to a survey by Zogby International. The survey of 205 senior executives at Fortune 1,000 companies and other firms with more than 1,000 employees was released today in conjunction with a forum of more than 200 business leaders, economists, and educators. The event, "Building the Economic Case for Investments in Preschool," is sponsored by the Committee for Economic Development (CED), The Pew Charitable Trusts, and The PNC Financial Services Group, Inc. (NYSE: PNC). The findings reinforce studies that prove children who attend high quality pre-kindergarten are more likely to graduate from high school, be involved in their communities and succeed in the workplace. "Concerns about the quality of the American workforce and our economic future were implicit in the responses of business leaders," said John Zogby, president of Zogby International. "What was truly surprising was not just the recognition that pre-kindergarten is essential to a better educated workforce, but that 63 percent of the business leaders favor active support for such universal programs by the business sector." Survey findings include: * Almost half (49 percent) said the level of workers' skills decreased over the last decade. * More than half (54 percent) anticipate difficulty finding enough educated and skilled workers to fill future jobs. * One in three (38 percent) said American firms already are disadvantaged when compared to foreign firms based on workers' education. * One-third (34 percent) said their companies are recruiting foreign * candidates to fill U.S. jobs requiring special skills or education. Eighty-three percent rated the importance of a skilled workforce as "very high" if the U.S. is to remain globally competitive. * Four in five (81 percent) said public funding of voluntary pre-kindergarten for all children would improve America's workforce. CED President Charles E.M. Kolb said, "When one-third of American companies are going overseas to find educated workers, and 38 percent of business leaders say we already face a competitive disadvantage, it is clear that there are serious problems in the American workforce. The new CED survey of American business leaders makes clear that immediate investments in effective preschool programs are vital for our future competitiveness in the global economy. America's business leaders understand that quality pre-k programs for our young people will mean a more competitive future workforce and a stronger democracy." "The day-to-day reality of succeeding in an increasingly competitive marketplace demands skilled and educated workers," said James E. Rohr, PNC Chairman and Chief Executive Officer, whose organization's 10-year, $100 million investment in school readiness, PNC Grow Up Great, is the largest corporate-led commitment of its kind. "Investing in the academic success of our children directly contributes to the overall economic health of our nation." On the agenda for today's forum were presentations of new research on the economic benefits of high quality pre-kindergarten programs along with panel discussions of topics such as public and private funding options. In one research paper, Investing in Disadvantaged Young Children Is an Economically Efficient Policy, Nobel Prize-winning economist James K. Heckman of the University of Chicago said that preschool and other early interventions for disadvantaged children "raise the quality of the workforce, enhance the productivity of schools and reduce crime, teenage pregnancy, and welfare dependency. They raise earnings and promote social attachment. Focusing solely on earnings gains, returns to dollars invested are as high as 15-17 percent"(per year). "Research has shown that early education for kids matters immensely, and this survey finds that business leaders agree," said Susan K. Urahn, Director, State Policy Initiatives, The Pew Charitable Trusts and co-sponsor of the conference. "Business leaders are coming together as part of this conference to discuss how investments in pre-k are not just good for the kids but they are good for the economy and for the future of our country." The Zogby survey has a margin of error of plus or minus seven percentage points. A summary of the Zogby poll is available at: http://www.ced.org/newsroom/center_prek_kit.html CED is a non-profit, non-partisan organization of more than 200 business leaders and university presidents. Since 1942, its research and policy programs have addressed many of the nation's most pressing economic and social issues, including education reform, workforce competitiveness, campaign finance, health care, and global trade and finance. CED promotes policies to produce increased productivity and living standards, greater and more equal opportunity for every citizen, and an improved quality of life for all. The Pew Charitable Trusts serves the public interest by providing information, advancing policy solutions and supporting civic life. Based in Philadelphia, with an office in Washington, D.C., the Trusts will invest $204 million in fiscal year 2006 to provide organizations and citizens with fact- based research and practical solutions for challenging issues. The PNC Financial Services Group, Inc. is one of the nation's largest diversified financial services organizations providing consumer and business banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services. For information on PNC Grow Up Great: http://www.pncgrowupgreat.com. CONTACT: SOURCE Committee for Economic Development Web Site: ### Press Release ########################### National Penn Bancshares, Inc. Receives Regulatory BOYERTOWN, Pa., and STATE COLLEGE, Pa., National Penn Bancshares, Inc. (Nasdaq: NPBC), the parent company of National Penn Bank, and Nittany Financial Corp. (OTCBB: NTNY), the parent company of Nittany Bank, announced that both the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking have approved the pending merger of Nittany Financial into National Penn. Nittany Financial shareholders will consider the merger at a special shareholders' meeting to be held on January 17, 2006. Subject to receipt of Nittany Financial shareholder approval and satisfaction of other customary closing conditions, closing is expected to occur on or before January 31, 2006. Upon completion of the merger, National Penn expects to have assets in excess of $5 billion and to remain the seventh largest bank holding company headquartered in Pennsylvania. About National Penn Bancshares, Inc.: National Penn Bancshares, Inc. is a $4.57 billion asset financial services company operating 73 offices in southeastern Pennsylvania through National Penn Bank and its FirstService Bank, HomeTowne Heritage Bank, and The Peoples Bank of Oxford divisions. The Peoples Bank of Oxford Division also operates one community office in Cecil County, Maryland. National Penn's investment management units, with combined client assets approaching $1.6 billion, consist of National Penn Investors Trust Company, which provides trust and investment management services; National Penn Investment Services, which markets brokerage services provided by PrimeVest Financial Services, Inc.; and National Penn Capital Advisors, Inc., which provides investment advisory services. National Penn Bancshares also provides mortgage banking activities through National Penn Mortgage Company; insurance services through National Penn Insurance Agency, Inc.; and equipment leasing services through National Penn Leasing Company. National Penn Bancshares, Inc. common stock is traded on the Nasdaq Stock Market under the symbol "NPBC." Additional information about the National Penn family is available on the company's Web site at http://www.nationalpennbancshares.com. About Nittany Financial Corp.: Nittany Financial Corp. is the parent company for Nittany Bank, a federally chartered financial institution headquartered and operated in State College, Pennsylvania. Nittany Bank began operations in October 1998 and currently operates four offices in State College and one office in Bellefonte, five ATMs, telephone banking [(814) 231-1800] and transactional Internet banking. Nittany also owns two investment subsidiaries. Nittany Asset Management, Inc. offers retail investment products through the Bank's five offices. Vantage Investment Advisors, LLC is a registered investment advisory firm providing fee-based investment management services. Vantage currently manages approximately $310 million in investments for small business retirement plans as well as individual portfolio management for consumers. Additional information about Nittany Financial is available on the company's Web site at http://www.nittanybank.com. Additional Information: National Penn Bancshares has filed a registration statement on Form S-4 in connection with the transaction, which registration statement has been declared effective by the SEC, and Nittany Financial has mailed a proxy statement/prospectus to its shareholders in connection with the transaction. Investors and security holders of Nittany Financial are urged to read the proxy statement/prospectus, because it contains important information about National Penn Bancshares, Nittany Financial and the transaction. Investors and security holders may obtain a free copy of the proxy statement/prospectus at the SEC's web site at http://www.sec.gov . A free copy of the proxy statement/prospectus may also be obtained from National Penn Bancshares or Nittany Financial. You may direct such a request to either of the following persons: Sandra L. Spayd David Z. Richards Jr. ### Press Release ###########################
News Briefs---- Dow tops 11,000 for 1st time since '01 http://www.boston.com/business/markets/articles/2006/01/10/ Consumer borrowing posts second monthly decline http://www.signonsandiego.com/news/business/20060109-1410-consumercredit.html Toys 'R' Us to Close 75 Stores and Cut 11% of Work Force http://www.nytimes.com/2006/01/10/business/10retail.html?pagewanted=all ---------------------------------------------------------------
You May Have Missed GOOGLE SURPASSES MARKET PARAGON January 10, 2006 -- Google Inc.'s founders Larry Page and Sergey Brin named billionaire investor Warren Buffett their role model when they took the Internet search company public in 2004. Now Google has surpassed the market value of Buffett's Berkshire Hathaway Inc. Google was valued as high as $139.9 billion in Nasdaq Stock Market trading yesterday, compared with $138.3 billion for Berkshire. The Mountain View, Calif.-based company fell to $138.1 billion at the close of trading. The shares are up more than fivefold since the company's August 2004 initial public offering. ----------------------------------------------------------------
California News Briefs--- Governor, with fat lip, proposes hike in health outreach http://www.sacbee.com/content/politics/story/14054398p-14885657c.html Governor lacks motorcycle license http://www.sacbee.com/content/politics/story/14054486p-14885718c.html ----------------------------------------------------------------
"Gimme that Wine" Grgich turns to biodynamic farming for healthier vines, more authentic wines http://www.napavalleyregister.com/articles/2006/01/05/features/ Rating Monterey County California Chardonnay http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/01/05/WIGOHGGEE11.DTL If you want to know if you got a value for your wine, or what the wine price is today, go to www.winezap.com Type in the vintage (year) and name of the producer with wine type or geographic area, such as 1995 Chateau Lynch Bages Pauillac. Even 1995 Lynch Bages will work, or 1999 Viader ----------------------------------------------------------------
Calendar Events This Day Eid-ul-Adha : Abraham and the Sacrifice http://answering-islam.org/Gilchrist/eid.html ----------------------------------------------------------------
Today's Top Event in History 1967- the National Educational Television (NET), New York City, interconnected 70 of its 100 independent affiliated educational stations for a live broadcast and analysis of President Lyndon Baines Johnson's State of the Union message. Regularly scheduled noncommercial network broadcasting began on November 5, 1967, with the premiere of the Public Broadcast laboratory over the NET network. Until around this time television news went from 15 minutes to 30 minutes formats. The only long standing news programs were "60 Minutes" and " Meet the Press." ----------------------------------------------------------------
This Day in American History 1776- Thomas Paine published "Common Sense" The pamphlet, 50 pages, according to Chase, contained the first demand for independence for the American colonies, sold 100,000 copies the first three months and up to 500,000 before the year-end. No other book in the U.S. has had such a quick or large sale relative to population. The pamphlet was highly influential in swinging the tide of the popular opinion toward a clean break with the mother country. It is said the pamphlet influenced the authors of the Declaration of Independence who followed its objectives very closely. ------------------------------------------------------------- American Football Poem
2004-remember then they came from another land on ships they sailed in the Daunte with his batman eyes randy moss with a panther's speed now leaving the football field with yet another win Yes, Packer fans got too big for their britches, |
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