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Leasing News is a web site that posts information, news, and entertainment for the commercial leasing and finance industry. The News Edition is updated Monday, Wednesday and Friday.
   


Looking for seasoned sales professionals with 5+ years experience closing both Equipment Leasing Transactions and Merchant Cash Advance Transactions
---New leads daily generated through our marketing efforts, and call center. Base salary plus commission, includes daily abundance of marketing leads.
West Los Angeles, CA
Emma 310.447.3460 ext. 319 ecabildo@imcacapital.com

imcacapital.com



Wedesday, September 14, 2011


Today's Equipment Leasing Headlines

Archives---September 14, 2009
 ELFA President Bentsen Ensuring the Transition Is Smooth
   Classified Ads---Sales Manager
 Who Has Not Responded on Evergreen Clauses
   by Christopher Menkin
    Equipment Protection Services joins "Site Inspection List"
     Douglas Guardian Services Signs Hitachi Capital America
   SSR Recovery added to "Repossession" Classified
     Classified Ads---Help Wanted
  Sales Make it Happen by Christopher Menkin
    Ten Advantages in Leasing
      Channel Partners “Bank Only Loans”
       Evaluating Credit Reports
    1977 Menkin-Kalinski Laws
     IDS Now Offers InfoLease to Small & Medium Businesses
      False Tax Returns get 18 months plus $89,833 restitution
       Houston, Texas Adopt-a-Dog
News Briefs---
 U.S. Poverty Rate, at 15 Percent, Highest Since 1993
  Household Income Drops
   BNP shares rebound as bank refutes funding claims
    Google offers new tool to shop for airline flights
     Allegiant's Chris Enbom's Brother TV Show Premiers Tonight
       G.O.P. Gains House Seat Vacated by Weiner
       Earning 53% of Votes, A.P. Reports

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months
 

Deficit Fascinates Media—Its Causes, Not So Much
 
  You May have Missed---
    Sports Briefs
     California Nuts Briefs---
       Gimme that wine
         This Day in American History
          SuDoku
           Daily Puzzle
            GasBuddy
             Weather, USA or specific area
              Traffic Live----

######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer. It is considered “bias” as it is the writer’s viewpoint.

 


[headlines]
--------------------------------------------------------------

Archives---September 14, 2009

ELFA President Bentsen Ensuring the Transition Is Smooth


Hon. Kenneth E. Bentsen, Jr.

While originally announced that he was leaving around Labor Day, Ken Bentsen, is still at work at the Equipment Leasing and Finance Association, though now spending time also at his new office at the Securities Industry and Financial Markets Association (SIFMA) in Washington, DC. He says everything is going smoothly; the team, the multiple boards, committees, staff, and Interim President Ralph Petta, all "top notch, dynamic."

"Even though there is a lot of stress today," he told Leasing News, "this asset class is a survivor and a necessity in the financial economy."

In making the original announcement, SIFMA President and CEO Timothy Ryan, said, "With his breadth of financial experience in both the private and public sector, Ken understands our members' public policy goals and business interest and will help drive our efforts to play a proactive, constructive role in the ongoing regulatory reform debate."


SIFMA President and CEO Timothy Ryan

"In his role at SIFMA, Mr. Bentsen will be responsible for SIFMA's legal, governmental, and legislative affairs and advocacy initiatives. Mr. Bentsen's career at SIFMA will begin in September. Mr. Bentsen will report directly to Mr. Ryan."

When he was initially interviewed three years ago by then ELFA chairman Paul Larkins, the search committee, and the board, Bentsen said he knew he was following a person who had built the foundation, Michael Fleming, CAE, and he would take the Association to the next step, with the understanding that this was not his "last stop."

He said when he took the position he knew very few of the participants, but leaves with a great deal of respect and knowledge. In the varied positions he has held since college, he says this was one of the best jobs he has ever had. He has enjoyed working with people for whom he has a great deal of respect, were dynamic, entrepreneurial in nature.

At 50, he has a daughter in college and a teenager at home. The commute and hours, 60 plus a week, will continue, including travel, as his new company has an office in New York and London. He is very much looking forward to his new position as his background has certainly given him the experience for it. Whether the former congressman will ever get back into a political office, he said, "Never say never," but he has no plans except to be of help in public policy, especially necessary in these critical times.

Reactions to Bentsen leaving ELFA

"Ken Bentsen has been a change agent and champion of transparency and advocacy for the Equipment Leasing and Finance industry. His contributions will live on long after he moves to his next assignment. Ken's bias for action and strategic focus have been extremely beneficial to the companies who enjoy Association membership. Ken was an absolute pleasure to work with."

Regards. PL
(Paul A. Larkins, was chairman of ELFA at time Bentsen was hired. He also is Leasing News Person of the Year for 2006.)

--

"I had the pleasure of working with Ken during my Chairmanship. His professionalism, knowledge and dedication to our industry played an important role in giving the ELFA a stronger identity in the world of commercial finance.

"The ELFA was fortunate to have Ken's leadership and vision as we have experienced these challenging times.

"I wish him all the best in his new endeavor.

"I have worked with Ralph Petta for over 20 years. Ralph has extensive knowledge and experience in this industry and I have full confidence in his ability to guide and lead the association through this next chapter."

Valerie Jester, President
Brandywine Capital Associates
113 E. Evans Street
West Chester, PA 19380
888) 344-2920, Ext. 21
valeriejester@brandywinecap.com

----

"Ken Bentsen's resignation as President of the ELFA is unfortunate but not completely unexpected. Ken has the good fortune to be moving on to a bigger role with a larger trade association affiliated with an industry segment he knows and loves. Ken is very talented leader who accomplished a great deal in his three years with the ELFA. Ken brought new ideas and renewed energy to the ELFA while increasing our industry profile in Washington and in the financial press. The industry and the Association are better off due to Ken's involvement over the past three years. I will miss working with Ken but take comfort knowing there will most likely be issues impacting both ELFA and SIFMA where we will have the opportunity to partner with Ken in his new role.

"ELFA leadership had the foresight to develop a transition plan several years ago which allows Ralph Petta to step in as Interim President. I have worked closely with Ralph over the past 20 years and have great confidence in his knowledge and dedication to the equipment finance and leasing industry. We should thank Ken for everything he accomplished over the past three years, and offer Ralph a hand as he steps into a difficult role in very challenging times

Rick Remiker
SVP, Chief Administrative Officer
RBS Asset Finance
71 S. Wacker Drive, 28th Floor
Chicago, IL 60606
Office (312) 777-3541
Mobile (312) 350-9920
richard.j.remiker@rbsaf.com

----

"I don't think anyone is surprised by this news. We were fortunate to have Ken this long. He's a born leader with the kind of experience, track record, and clout that keeps opportunity knocking. He's done a fine job repositioning the ELFA and leaves with few regrets if any at all. These are difficult times but Ralph is more than capable of running the show. Aside from the economy being what it is the ELFA structure is on as solid ground as can be expected."

(name with held)

--

"Two years ago I interviewed Ken Bentsen shortly after he joined ELFA. I was impressed by his interest, his focus and his willingness to consider different concepts. He has proved himself to be an extremely effective resource for the equipment leasing and finance industry, and we will miss his very valuable contributions." "

Bob Teichman, CLP
Teichman Financial Training
3030 Bridgeway, Suite 213
Sausalito, CA 94965
Tel: 415 331-6445
E-mail: BoTei@aol.com
"Training and education for equipment leasing and finance personnel"

(Bob is Leasing News Person of the Year for 2008, plus past president
of the Certified Leasing Professional Foundation.)

"Dancing with the ELFA"
by Bob Teichman, CLP

http://www.leasingnews.org/archives/October%202006/10-27-06.htm#elfa

---

"Thank you Ken for the wonderful work you have done with our association. Working with you has been an honor. I'm sad to see you go.

"Best of luck and prosperity to you in the future!

"Congratulations Ralph! I'm confident you will do great things while at the helm.

"Best regards,"

Ed Castagna
President
Nassau Asset Management

---

"ELFA has come a long way from the days of befriending the big boys (and why not, they paid the bills) to being a organization serving the industry as a whole. Membership is down, less is being contributed, and the economy has yet to show consistent trends that this mess is over. It appears our industry will shrink, the industry organizations will shrink as the number of employees in our industry has and will continue to shrink. Ken came in when focus and direction was needed. He made everyone feel valued, explored new directions, and got many involved that were once outsiders. He moved from a single focus organization with historic repeated direction to a name changed group (ELA to ELFA), and sent a more meaningful message to members and to the political community (where he is certainly at home). He did what was needed and it is now up the organization to keep it going, not lose focus, and continue to be meaningful for the entire lease/finance community.

"So a debt of gratitude to Ken for coming into an organization with a long history of tradition and forging a new path. Good organizational leaders are rare. I am sure we all wish Ken well and thanks for taking ELFA to the top.

Allan Levine,
Chief Operating Officer
MADI$ON CAPITAL
Equipment and Vehicle Lease Financing Solutions
9D Gwynns Mill Court
Owings Mills, MD 21117
Direct Line: 443.796.7337
Office: 800.733.5529 x 7337
alevine@madisoncapital.com
www.madisoncapital.com

(Al Levine interviewed Ken Bentsen when he addressed the
EAEL 2007 Spring Conference for Leasing News:)
http://www.leasingnews.org/archives/May%202007/05-11-07.htm#eaelc

---

"I have followed all of the media on Ken Bentsen since he took over the presidency of the ELFA. I have watched his leadership with such admiration. He has fought with Washington DC to open their eyes to our industry and the damage the tightened flow of funds has created.

"He has been a true advocate of our industry.

"I would love to meet him in person and shake his hand some day. I wish him all the best in his new role at SIFMA."

Rosanne Wilson, CLP
1st Independent Leasing, Inc.
3800 SW Cedar Hills Blvd., Suite 165
Beaverton, OR 97005
(800) 926-0851 or Fax: (503) 626-1631
"It's the Lease We Can Do"
www.1stindependentleasing.com


[headlines]
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Classified Ads--- Sales Manager


(Salesman Gets Bonus!)

(These ads are “free” to those seeking employment
or looking to improve their position)

Bayville, NJ
Dedicated individual seeking a account management position, 3 years leasing experience and 15+ years sales experience. Resume furnished upon request,
email Frank at weag4th@gmail.com .

Fort Myers, Florida
Very experienced and strong skills with both Captive and Specialty Sales Management. Over 25 years , will relocate and travel---successful and team player.
e-mail: tlinspections@gmail.com

 


Free Posting for those seeking employment in Leasing:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm

All “free” categories “job wanted” ads:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm


-----------------------

Who Has Not Responded on Evergreen Clauses
by Christopher Menkin

Regular Leasing News readers know we have been editorializing for over five years, and in 2011 started a more active campaignregarding the practice of Leasing Companies not notifying lessee regarding the end of their original leasing contract, often charging extra payments, and others using the “Evergreen Clause” to extend payments four to twelve months automatically.

The issue has been regarding the notification of the lessee, and in that regard have asked Leasing Companies for their policy.

These companies responded that they always notify their lessee and require their discounter, if applicable, about the end of the original term of the contract:

ABCO Leasing
Advantage Funding
Agility Ventures LLC
Allegiant Partners
American Leasefund, Inc.
Bankers Capital
Bank of the West, Indirect Equipment Finance
Black Rock Capital
BSB Leasing
Calfund
Capital Technology & Leasing, LLC
Commerce National Bank
Dakota Financial, LLC

Direct Capital
eLease
Five Point Capital, Inc

 

Forum Financial Services, Inc.
Gonor Funding
GreatAmerica Leasing
Madison Capital
Manufacturer's Lease Plans, Inc
Marquette Equipment Finance
Mesa Leasing
Maxim Commercial Capital
Mount Pleasant Capital
National Machine Tool Financial Corporation
Northwest Leasing Company
Pacifica Capital
Pawnee Leasing Corporation

Standard Professional Services, LLC
TEAM Funding Solutions


These are the Equipment Leasing and Finance MFLI-25 Participants, who Leasing News has not only contacted, noted they were on the board of directors or an active committee, and so reported in several MFLI-25 reports, asking them about the ELFA policy regarding notifying lessee about the residual in advance of the contract expiring (one responded, one is on the list of invoking Evergreen Clauses without notification).

ADP Credit Corporation
Bank of America
Bank of the West--Did respond
BB&T
Canon Financial Services
Caterpillar Financial Services Corporation
CIT
De Lage Landen Financial Services
Dell Financial Services
EverBank Commercial Finance
Fifth Third Bank
First American Equipment Finance
GreatAmerica
Hitachi Credit America
HP Financial Services
John Deere Financial
Key Equipment Finance
M&I Equipment Finance
Marlin Leasing Corporation---on the list of Evergreen
Merchants Capital
PNC Equipment Finance
RBS Asset Finance
Siemens Financial Services
Stearns Bank
Susquehanna Commercial Finance
US Bancorp
Verizon Capital Corp
Volvo Financial Services
Wells Fargo Equipment Finance

This group Leasing News has sent up to six emails, as well as telephoned several, some more than once, and actually talked to over six of the officers on several occasions, but no formal response:

Atel Capital Group
Bank of Ozarks Leasing
CIT Group
CSI Leasing
Exchange Bank Leasing
Equilease Financial Services
Icon Capital
Lease Corporation of America
Navitas Lease Corp.
CNB Marcela Durango
Studebaker-Worthington
Susquehanna Patriot Commercial Leasing
TCF Equipment Finance
US Bancorp (Direct)
Varilease
Gordon Flesh Company, Inc.

There are others Leasing News has contacted, but the above companies more than once.

After publishing the list of companies who specifically do not notify lessees, and/or do not require their discounts to so notify their lessee, it was sent to one trade association.

Leasing News has asked to send to other trade associations, and this is being discussed, as well as naming those who have not responded--as well as those who have responded.

Companies Who Do Not Notify Lessee regarding termination
   nor have such a standard for their discounters

http://leasingnews.org/archives/Aug2011/8_29.htm#new

Full List of those who notify lessees:
http://www.leasingnews.org/Pages/lease_expiration.html 


[headlines]
--------------------------------------------------------------

Equipment Protection Services joins "Site Inspection List"


Equipment Protection Services
2011
Steven Planty
steve@epssllc.com

Mike@epssllc.com
www.epssllc.com
 
2
- EPS covers nationwide, Canada, and Europe as a provider of collateral inspections for banks, leasing companies,
equipment brokers and equipment vendors.
- We give you a snapshot of your customers business in real time,
not just on paper.
- Our field consultants are experts and are nationally recognized by leading Professional Associations as ethically and technically qualified to perform equipment consulting services for third parties
 

Full Site Inspection List:
http://www.leasingnews.org/Site_Insp/Default.htm


[headlines]
--------------------------------------------------------------

Douglas Guardian Services Signs Hitachi Capital America



Douglas Guardian Services, Houston, Texas, the largest site inspection company on the Leasing News Site Inspection list with 300 employees, has announced an inventory inspection service agreement with Hitachi Capital America inventory finance business, including their light and medium duty truck financing business segment.


Chris Petersen
Vice President
Collections and Asset Management
Hitachi Capital America Corp.

Chris Petersen, Vice President Collections and Asset Management for Hitachi Capital America stated "The combination of Douglas Guardian's technology, product expertise, risk mitigation tools and experience made them the best choice for Hitachi Capital."

Headquarted in Norwalk, Connecticut, Hitachi Capital America Corp. was incorporated in October 1989 and commenced business operations in April 1990.

Bruce Lurie
President, Douglas
Guardian Services Corporation

“On behalf of Douglas Guardian, we are extremely pleased to have been selected as Hitachi Capital’s inspection service provider,” states Bruce Lurie, Douglas Guardian’s President and Owner. “This partnership is a significant win for Douglas Guardian and is a perfect complement to our existing book of business”.

More information is available from Darren McCarthy at 916-457-2627 or e-mail sales@douglasguardian.com.

Gary DiLillo, President 216-658-5618 or gary@avptc.com

To learn more about the benefits of
outsourcing personal property tax, please click here.


[headlines]
--------------------------------------------------------------

SSR Recovery added to "Repossession" Classified


Repossessions: Southern California (except San Diego).

Full service repossession agency. All vehicles, big rigs, boats, heavy equipment and machinery. Licensed and insured 818-786-7376. www.simonsrecovery.com. adam@simonsrecovery.com

Full List Operations/Remarketing/Repossessions
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing.htm#sec7

[headlines]
--------------------------------------------------------------

Send Leasing News to a Colleague. We are “Free.”



Sales Make it Happen
by Christopher Menkin



Ten Advantages in Leasing:

1. Don't have the cash, pay for use over time.
2. Better Management of Cash Flow so can pay bills.
3. Cash for account receivable discounts and other discounts.
4. Less hassle than going to my bank.
5. May help cut overhead with better, faster equipment, computers, et. al.
6. May help in up-grading equipment sooner; better planning/results.
7. Don't need to bring in a partner or investors.
8. Keeps current credit cards and arrangements with other creditors in line.
9. Take advantage of current depreciation allowances.
10. Equipment to improve productivity, efficiency, perhaps cut overhead.

The latest survey indicates the Top Five Reasons for Choosing Leasing:

1. 95%----Bank won't help me.
2.   2%---Cash flow---Better use of cash.
3.   2%-- Easier to apply for.
4    09%---Dealer Convenience (if he wants to sell, better get me approved)
5.   01%--Tax implications (if I make a profit this year)

Previous Sales Makes it Happen:
http://www.leasingnews.org/Legacy/index.html

[headlines]
--------------------------------------------------------------

Leasing Industry Help Wanted

Looking for seasoned sales professionals with 5+ years experience closing both Equipment Leasing Transactions and Merchant Cash Advance Transactions
---New leads daily generated through our marketing efforts, and call center. Base salary plus commission, includes daily abundance of marketing leads.
West Los Angeles, CA
Emma 310.447.3460 ext. 319 ecabildo@imcacapital.com

imcacapital.com


For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm

Please see our Job Wanted section for possible new employees.

Help Wanted Web Ad New Programs

Classified Ad Section
(rotates chronological above headlines and
also appears in Classified Ad section.) *

15 days in a row:
$395 four lines (a space is a line)
($25 each additional line or space)

30 days in a row:
$595 four lines (a space is a line)
($40 each additional line or space)



[headlines]
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[headlines]
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Evaluating Credit Reports

www.insidebank.net

By Richard Bostwick, Senior Investigative Consultant
for NCO Financial Investigative Services *


Score Range Score Description
720-850 Excellent
700-719 Very Good
675-699 Good
620-674 Fair
619 and below Bad to Very Bad
Consumer Credit Ratings

Commercial Credit Reports

Commercial credit reporting has changed dramatically over the last 35 years. Gone are the days of relying on credit references provided by the company in question or waiting days or weeks for a response. (Besides, who would provide a vendor that wasn’t paid promptly as a reference?).

Using standard credit applications is always recommended to obtain the proper billing address, contact person and phone number of the new customer; however, to make a truly informed decision more efficient options are necessary and readily available. Computer databases now gather, compile, classify and present pertinent credit data, allowing businesses to anticipate future payment behavior of their customers based on historical information. Thousands of companies across the country in a wide variety of industries contribute accounts receivable information monthly to various credit bureaus, including terms, recent high credit, current balance and aging.

This accounts receivable data is typically broken down by industry and credit activity level so only the most current data is used in calculating the current days beyond terms. By reviewing this past payment behavior, identifying trends and cycles, future behavior may be anticipated. Many commercial collection agencies submit information to commercial credit bureaus about debtors placed, commonly the first step taken by a business in seeking outside help with outstanding accounts.

The presence of recent collection activity can indicate that a company is experiencing cash flow problems.

  • Multiple placements for collections over a longer period of time can be a key indicator of a business that is in the habit of defaulting on financial obligations, certainly not a good candidate for open terms. It is important to review the details on collection accounts to determine if the dollar amount, response time and payments justify excluding the extension of open terms.

  • Legal filings and records are gathered on a daily basis for judgments, liens, bankruptcies and UCC filings. Whether a company had a dispute with a vendor or was sued for negligence, an open judgment is a financial liability and the seizure of funds by a plaintiff could create a serious cash flow problem. Tax liens at the local, state or federal level can be enforced at any time and also put a financial burden on a company, resulting in vendors not being paid. Stressed or failed businesses that have sought bankruptcy protection in the past may have done so as the result of poor business models or decisions and may be doomed to repeat this type of action.

  • UCC (Uniform Commercial Code) filings allow leasing and financial institutions to secure movable equipment, vehicles and business loans. While the filing of UCC’s is a normal business practice, a multitude of filings may represent a business that has little or no assets of their own. Insolvent businesses with many UCC filings leave little to nothing for unsecured creditors to claim. All commercial credit decisions should be made based on factual, impartial information so that further concerns and complications can be minimized.

Consumer Credit Reports

While commercial credit reports may be requested for any business entity without the knowledge or consent of the business, consumer credit information is protected by the Fair Credit Reporting Act (FCRA) and requires a signed authorization by the individual.

Consumer credit reports provide a complete history of an individual’s credit activity including mortgage, automotive, medical, credit card and revolving accounts, as well as personal judgments, tax liens, bankruptcies and collection activity. All the information is used to generate a score between 350 and 850 with relative risks outlined below:

Score Range Score Description
720-850 Excellent
700-719 Very Good
675-699 Good
620-674 Fair
619 and below Bad to Very Bad

Consideration must be applied to all scores for the relative size, activity levels and end results for the reported details. A collection issue from years past may have been the result of a dispute or medical insurance issue that should not be used as the basis for denying open terms. Using credit reports to gain valuable insight on the history of a potential new customer (or on existing customers requesting higher credit limits) leads to more informed decision-making. Access to past payment, legal and collection information will help increase confidence in extending open terms to those companies that add more to the bottom line. Combining the speed and accuracy of 3rd party verified information with the minimal costs of the reports; the credit inquiry process is now fast and affordable.

* Excerpt from original article titled “How Far Out on a Limb are You Willing To Go? By Richard Bostwick, Senior Investigative Consultant for NCO Financial Investigative Services.

NCO Financial Investigative Services (FIS) is a worldwide commercial due diligence firm, providing in-depth background investigations, public record research and detailed analysis to the global business community. Special thanks to Christina Grenga, Vice President - Business Development Ph: 914.213.1698, Christina.Grenga@ncogroup.comwww.ncofis.com

 

 

1977 Menkin-Kalinski Laws

 


[headlines]
--------------------------------------------------------------

### Press Release ############################

International Decision Systems Now Offers InfoLease
and Rapport as SaaS

Industry-leading asset finance software now available
for small and medium businesses


Minneapolis, MN – International Decision Systems® (IDS), the leading provider of asset finance software, has announced a Software as a Service (SaaS) offering for its leading asset finance management solutions.

The SaaS model is appealing to smaller and mid-size asset finance companies that want the functionality of industry-leading software, and an easier-to-implement and maintain solution. The SaaS approach lowers the barrier to entry and shortens implementation times for start-up companies or those in growth mode in that they pay monthly instead of making major upfront investments in hardware and software. Other benefits include

• Outsourcing of systems management and ongoing maintenance

• Increased scalability due to the low overhead and flexibility as they grow

• Accelerated feature delivery with IDS handling software installation

This new offer gives access to an InfoLease® or a combined Rapport®/InfoLease® solution. The SaaS option is now available in the U.S. via a monthly subscription based upon the number of users. IDS provides the delivery platform, ongoing software updates, and infrastructure all within a highly secure, state-of-the-art environment with 24x7 monitoring.

“By moving into the world of cloud computing, we are able to address the needs of smaller and mid-size companies who tell us they want IDS’ industry-leading products in a structure that works for their business,” said IDS CEO Michael Campbell. “Offering InfoLease and Rapport in the SaaS model gives users access to powerful software that is able to handle all of their asset finance business complexities without compromise.”

With millions of assets and more than $250 billion of financed goods currently processed, the IDS InfoLease back-office portfolio management solution delivers reliable and flexible financing operations, rich functionality for leases and loans, and regulatory compliancy—all scalable to the needs of each company. The IDS Rapport front-office origination business solution delivers smooth automation of origination processes with access to key analytics for more incisive decision-making.

The capabilities of InfoLease continue to expand to support market needs today and in the future. “We are committed for the long term to keeping InfoLease as the industry-leading asset finance platform,” said Campbell. Details of IDS’ product roadmap will be communicated at its ConnectionPoint annual user conference on October 12, 2011.

About IDS

International Decisions Systems (IDS) is the leading provider of software and solutions for the asset finance market. For over 30 years, the company has offered integrated solutions from origination through disposition and asset management, supported by an ongoing research and development effort unrivaled in the market space. Customers include approximately 50 percent of the largest leasing companies in the United States, and an increasing number of the largest global players. In addition to offering powerful, flexible software, IDS provides the industry experience and expertise to assure successful, complete solutions. Headquartered in Minneapolis, MN, the company also has offices in the United Kingdom, India, Singapore and Australia. For additional information, visit www.idsgrp.com.

International Decision Systems®, InfoLease®, and Rapport® are registered trademarks of International Decision Systems, Inc.

(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)

#### Press Release #############################

False Tax Returns get 18 months plus $89,833 restitution


Daniel Blake Harris, 26, was sentenced to 18 months in federal prison for conspiring with others to file false claims against the United States before Judge Margaret M. Morrow.

He was also sentenced to two years of supervised release following imprisonment and ordered to pay $89,833.85 in restitution and a $100 assessment.

Harris previously pleaded guilty to conspiracy to filing false claims against the United States. According to the plea agreement, Harris conspired with another to file false claims for tax refunds with the Internal Revenue Service, for which Harris was not entitled to receive.

As a part of the scheme to defraud the IRS, between 2006 and 2009, Harris and a co-conspirator prepared false income tax returns erroneously claiming that a refund was due. Specifically, Harris and the co-conspirator would prepare and file fraudulent tax returns that falsely claim that federal income taxes had been withheld in an amount exceeding the amount of taxes owed. After the fraudulent returns were filed, a tax refund would result, which Harris and the co-conspirator agreed to share. Harris agreed that he filed false tax returns seeking over $120,000 in false tax refunds.

The investigation of Harris is the result of the combined investigative efforts of IRS - Criminal Investigation and the United States Attorney’s Office in Los Angeles.

#### Press Release #############################

 

((Please Click on Bulletin Board to learn more information))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)

[headlines]
--------------------------------------------------------------

Houston, Texas -- Adopt-a-Dog


Animal ID 13374979
Breed: Retriever, Labrador/Purebred
Age: 7 months
Sex: Male
Size: Medium
Color: Blond
Neutered
Housetrained: Unknown
Location: Green Cabana

Adoptions: Monday-Tuesday
11:00am-7:00pm
Wednesday CLOSED
Thursday - Sunday
11:00am-5:30pm SHELTER -
713-433-6421

http://www.houstonhumane.org/


Adopt-a-Pet by Leasing Co. State/City
http://www.leasingnews.org/Conscious-Top%20Stories/Adopt_Pet.htm

Adopt a Pet
http://www.adoptapet.com/



News Briefs---

U.S. Poverty Rate, at 15 Percent, Highest Since 1993
http://www.nytimes.com/2011/09/14/us/14census.html

Household Income Drops
http://www.usatoday.com/news/nation/story/2011-09-13/census-household-income/50383882/1

BNP shares rebound as bank refutes funding claims
http://www.reuters.com/article/2011/09/13/banks-france-idUSL5E7KD1GZ2011091

Google offers new tool to shop for airline flights
http://travel.usatoday.com/news/story/2011-09-13/Google-offers-new-tool-to-shop-for-airline-flights/50394280/1

Allegiant's Chris Enbom's Brother TV Show Premiers Tonight (Wednesday)
http://leasingnews.org/archives/Sep2011/9_12.htm#enbom

G.O.P. Gains House Seat Vacated by Weiner
Earning 53% of Votes
(A little-known Republican businessman from Queens, channeling voter discontent with President Obama into an upset victory, on Tuesday won election to Congress from the heavily Democratic district in New York City last represented by Anthony D. Weiner, according to The Associated Press.

The Republican, Bob Turner, a retired cable television executive, defeated Assemblyman David I. Weprin, the scion of a prominent Democratic family in Queens, in a nationally watched special election.)

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This Day in American History

1716--- First lighthouse in US lit (Boston Harbor)
     1752-- England and colonies adopt Gregorian calendar, 11 days disappear.
     1847- Gen. Winfield Scott entered Mexico City. A Battalion of U.S. Marines made its presence felt at the “halls of Montezeuma.” The United States was later able to claim a large Mexican territory, including what was to become the state of California In 1850 (following the gold rush fever of 1849).
     1814 - An attorney in Washington, DC, Frances Scott Key, was aboard a warship that was bombarding Fort McHenry, the outpost guarding the city of Baltimore, Maryland. Key wrote what would become famous words to express his emotions. Those words would become "The Star-Spangled Banner", which officially became the national anthem of the United States by an act of Congress in 1931.
     1847 - Mexico City was occupied by US troops after the defeated forces of General Santa Anna were forced to abandon the city. The day before, young Mexican cadets had tried unsuccessfully to defend the fortified hill of Chapultepec. With the occupation of Mexico City, the United States-Mexico conflict virtually came to an end. While some call the 1846-48 period the "Mexican War," others call it the "US Invasion".
     1850--Big earthquake felt in San Francisco. Fourth Great Fire destroyed 150 buildings in the area bounded by Dupont, Montgomery, Washington and Pacific streets. Loss set at $500,000. The fire broke out in the Philadelphia House on the north side of Jackson between Grant and Kearny. The San Francisco, Empire and Protection fire companies fought the blaze but had no water. The most damage in the 1906 Earthquake came from the fires, not the earthquake itself.
     1861- The first Civil War Naval Battle took place at Pensacola, FL. Lieutenant John Henry Russell descended upon the Confederate navy yard at Pensacola at 2 a.m. He had sailed the frigate Colorado past shore batteries in the dark, and with a force of 100 sailors and Marines, went for the southern privateer five gun Judah in the shipyard. After hand-to-hand fighting, the contingent burned the vessel to the waterline and left. They burned the five-gun steamer Judah, lying at anchor, and spike the only gun in the yard. There were no Confederate casualties. three of the Union troops were killed and four wounded President Lincoln thanked Russell personally and the Navy Department honored him.
    1862 - General Robert E. Lee's exhausted Confederate forces hold off the pursuing Yankees by closing two passes through Maryland's South Mountain, allowing Lee time to gather his forces further west along Antietam Creek near Sharpsburg. After the Battle of Second Bull Run on August 29-30, Lee decided to invade Maryland to raise supplies; he also hoped a decisive win would earn the South foreign recognition. As he moved, he split his army into five sections while the hungry Rebels searched for supplies. A copy of the Confederate plans accidentally fell into Union hands when the orders were left in an abandoned campsite outside of Frederick, Maryland. McClellan now knew that Lee's force was in pieces, but he was slow to react. As Lee moved into western Maryland, he left detachments to guard Crampton's Gap and Turner's Gap through South Mountain. If McClellan had penetrated the passes, he would have found Lee's army scattered and vulnerable. South Mountain, a 50-mile long ridge, contained several passes, but Crampton's Gap and Turner's Gap were the most important. The National Road ran through Turner's Gap to the north, and Crampton's Gap connected western Maryland to Harpers Ferry, Virginia. The Union troops drove the Confederates away at Crampton's Gap, but were initially unable to expel the Confederates from Turner's Gap. However, the Rebels did retreat the next morning. Union losses for the day amounted to 2,300 dead and wounded, including the death of Major General Jesse Reno. The Confederates lost 2,700. These engagements were a mere prelude to the Battle of Antietam. Although costly, they allowed Lee time to assemble his scattered bands at Sharpsburg.
     1882- Birthday of Winnifred Sprague Mason Huck, U.S. Congressional Representative from Illinois, serving out the term of her late father 1922-23. She broke the rules about freshmen being still and introduced a number of bills including the call for independence for the Philippine Islands. She was an investigative reporter who even went to jail for four months under an assumed name to bring to light the abuses in prison as well as the difficulties in "going straight" afterwards.
     1868 - The first recorded hole-in-one at golf was scored by Tom Morris at Prestwick in Scotland.
     1872 - Britain paid US $15 million for damages during Civil War. The British government paid £3 million in damages to the United States in compensation for building the Confederate commerce-raider Alabama. The confederate navy‘s Alabama was built at the Birkenhead shipyards. Despite its official neutrality during the American Civil War, Britain allowed the warship to leave port, and it subsequently played havoc with Federal shipping. The U.S. claimed compensation, and a Court of Arbitration at Geneva agreed, setting the amount at £3 million.
     1874 -- The White Leagues, paramilitary organizations dedicated to the restoration of lily-white rule in Louisiana, temporarily seize control of the state government in a bloody coup d'etat. 38 killed. 79 wounded.
     http://www.jimcrowhistory.org/scripts/jimcrow/map.cgi?city=new%20orleans&state=louisiana
     http://civilwar.bluegrass.net/AftermathAndReconstruction/raceriots.html
     1886- George K. Anderson of Memphis, TN, received a patent on typewriter ribbon.
     1886-Birthday of "'Round 'Bout Midnight": Stanley "Midnight Assassin" Ketchel, heavyweight boxing champ, considered the middleweight champion of all time.
     http://www.ibhof.com/ketchel.htm
     1889- Hull House in Chicago opened its doors. Formed by Jane Addams and Ellen Starr, it was the first major settlement house in the United States. In its first year of operation, it hosted more than 50,000 people. In all, there would be more than 600 residents at various times ranging from some of the most influential social reformers of the day to a future prime minister of Canada - and just about everyone in between. Hull House under Addams, in addition to social work and reform, served as the "mother house" for the meeting and networking of reformers who then went out to change the world.
     1897-Birthday of Margaret Fogarty Rudkin, American businesswoman. who started making a healthy bread for one of her sons in 1937 and parlayed those few loaves of bread it into a major commercial company, Pepperidge Farms. The company had sales of $32 million a year when she and husband sold out to Campbell Soup. She stayed as president - supervising the day to day operations personally as she had from the beginning - until a year before her death in 1967 of breast cancer, a disease from which she had since 1956. Her noted collection of cookbooks was donated to the Pequot Library in Southport, Connecticut.
     1900 ---Jazz Trumpet player Kid Rena born.
     http://www.redhotjazz.com/kidrena.html
    1901 - Twenty-fifth President of the United States William McKinley, Jr., dies today of an assassin’s bullet shot into him on September 6th. McKinley’s Vice President, who is sworn in as the 26th President on this date, is former New York Guard Captain and Colonel of the 1st Volunteer Cavalry, “the Rough Riders”, Theodore Roosevelt.
     1916 - Pitcher Christy Mathewson won the last pitching assignment of his major- league career. He had a total of 373 wins, 188 losses, 83 shutouts in 636 games, and he struck out 2,511 batters.
     1918--MILES, L. WARDLAW Medal of Honor
Rank and organization. Captain, U.S. Army, 308th Infantry, 77th Division. Place and date: Near Revillon, France, 14 September 1918. Entered service at: Princeton, N.J. Born: 23 March 1873, Baltimore, Md. G.O. No.: 44, W.D., 1919. Citation: Volunteered to lead his company in a hazardous attack on a commanding trench position near the Aisne Canal, which other troops had previously attempted to take without success. His company immediately met with intense machinegun fire, against which it had no artillery assistance, but Capt. Miles preceded the first wave and assisted in cutting a passage through the enemy's wire entanglements. In so doing he was wounded 5 times by machinegun bullets, both legs and 1 arm being fractured, whereupon he ordered himself placed on a stretcher and had himself carried forward to the enemy trench in order that he might encourage and direct his company, which by this time had suffered numerous casualties. Under the inspiration of this officer's indomitable spirit his men held the hostile position and consolidated the front line after an action lasting 2 hours, at the conclusion of which Capt. Miles was carried to the aid station against his will.
     1921- Constance Baker Motley , U.S. District judge who framed many of the early civil rights cases. CBM influenced legal desegregation interpretations in nine victories before the U.S. Supreme Court. She was the first Afro-American woman to become a federal judge (1966) and only woman borough president of Manhattan (1965).
     http://www.jtbf.org/five_firsts/Motley_C.htm
     http://www.toptags.com/aama/bio/women/cmotley.htm
     1926- seventeen-year-old Benny Goodman's first recording session ( with Ben Pollack and his Californians), Chicago, IL.
     1927 - Gene Austin recorded one of the first million sellers; his composition, "My Blue Heaven", for Victor Records.
     1929 -- Ella May Wiggins and other workers are riding in the back of an old pick-up truck to a union meeting, when local vigilantes, thugs, and a sheriff's deputy force the truck off the road and begin shooting at it. Ella May is killed. Labor union organizers appear in Gastonia, Carolina. The textile mill workers there eagerly flock to the union, but when the mill owners refuse to recognize the union, a strike breaks out in June of this year. Prominent on the union picket lines is Ella May Wiggins, a 29-year-old mother of nine children who had been working the night shift at one of the mills. When some of her children come down with whooping cough, Ella May asks the mill foreman to put her on the day shift so she can care for her sick babies. The foreman refuses and Ella May is forced to quit her job. With no money for medicine, four of her children die. From this point on, she becomes a militant in the strike movement. Her songs, with the older melancholy of mountain ballads, help cheer on fellow picketers.
     (See middle of this: http://www.beachonline.com/textile.htm )
     http://www.charleston.net/stories/022904/sta_29slain.shtml
     http://www.ibiblio.org/uncpress/chapters/smith_ncwomen.html
     1889- Hull House in Chicago opened its doors. Formed by Jane Addams and Ellen Starr, it was the first major settlement house in the United States. In its first year of operation, it hosted more than 50,000 people. In all, there would be more than 600 residents at various times ranging from some of the most influential social reformers of the day to a future prime minister of Canada - and just about everyone in between. Hull House under Addams, in addition to social work and reform, served as the "mother house" for the meeting and networking of reformers who then went out to change the world.
1948 -- Milton Berle starts his TV career on Texaco Star Theater.
     http://us.imdb.com/name/nm0000926/
     http://www.cnn.com/2002/SHOWBIZ/News/03/27/milton.berle.obit/
         1937 - The mercury soared to 92 degrees at Seattle, WA, a record for September.
     1938-Birthday of Niara Sudarkasa, Black-Afro-American anthropologist and president of Lincoln University in Pennsylvania. She is an authority on African and Black Afro-American women and families. NS is one of the leading scholars of the U.S. and has served on more than 20 boards and task forces in the furtherance of race relations.
     http://www.malaspina.com/site/person_1090.asp
    1939 - In the 1930s Igor Sikorsky (d.1972) turned his attention again to helicopter design and on this day flew the VS-300 on its first test flight.
     1942--EDSON, MERRITT AUSTIN Medal of Honor
Rank and organization: Colonel, U.S. Marine Corps. Born: 25 April 1897, Rutland, Vt. Appointed from: Vermont. Other Navy awards: Navy Cross with Gold Star, Silver Star Medal, Legion of Merit with Gold Star. Citation: For extraordinary heroism and conspicuous intrepidity above and beyond the call of duty as Commanding Officer of the 1st Marine Raider Battalion, with Parachute Battalion attached, during action against enemy Japanese forces in the Solomon Islands on the night of 13-14 September 1942. After the airfield on Guadalcanal had been seized from the enemy on 8 August, Col. Edson, with a force of 800 men, was assigned to the occupation and defense of a ridge dominating the jungle on either side of the airport. Facing formidable Japanese attack which, augmented by infiltration, had crashed through our front lines, he, by skillful handling of his troops, successfully withdrew his forward units to a reserve line with minimum casualties. When the enemy, in a subsequent series of violent assaults, engaged our force in desperate hand-to-hand combat with bayonets, rifles, pistols, grenades, and knives, Col. Edson, although continuously exposed to hostile fire throughout the night, personally directed defense of the reserve position against a fanatical foe of greatly superior numbers. By his astute leadership and gallant devotion to duty, he enabled his men, despite severe losses, to cling tenaciously to their position on the vital ridge, thereby retaining command not only of the Guadalcanal airfield, but also of the 1st Division's entire offensive installations in the surrounding area.
     1944 -the Great Atlantic Hurricane passed near Cape Hatteras, NC. A few days before it was a category 5 hurricane with winds near 160 mph. At Cape Henry, VA sustained winds of 134 mph with gusts to 150 occurred. The storm raced into New England. 46 were killed on land and over 300 were lost at sea. Total damage was $122 million The hurricane destroyed the Atlantic City NJ boardwalk
     1944--SADOWSKI, JOSEPH J. Medal of Honor
Rank and organization: Sergeant, U.S. Army, 37th Tank Battalion, 4th Armored Division. Place and date: Valhey, France, 14 September 1944. Entered service at: Perth Amboy, N.J. Birth: Perth Amboy, N.J. C o. No.: 32, 23 April 1945. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty at Valhey, France. On the afternoon of 14 September 1944, Sgt. Sadowski as a tank commander was advancing with the leading elements of Combat Command A, 4th Armored Division, through an intensely severe barrage of enemy fire from the streets and buildings of the town of Valhey. As Sgt. Sadowski's tank advanced through the hail of fire, it was struck by a shell from an 88-mm. gun fired at a range of 20 yards. The tank was disabled and burst into flames. The suddenness of the enemy attack caused confusion and hesitation among the crews of the remaining tanks of our forces. Sgt. Sadowski immediately ordered his crew to dismount and take cover in the adjoining buildings. After his crew had dismounted, Sgt. Sadowski discovered that 1 member of the crew, the bow gunner, had been unable to leave the tank. Although the tank was being subjected to a withering hail of enemy small-arms, bazooka, grenade, and mortar fire from the streets and from the windows of adjacent buildings, Sgt. Sadowski unhesitatingly returned to his tank and endeavored to pry up the bow gunner's hatch. While engaged in this attempt to rescue his comrade from the burning tank, he was cut down by a stream of machinegun fire which resulted in his death. The gallant and noble sacrifice of his life in the aid of his comrade, undertaken in the face of almost certain death, so inspired the remainder of the tank crews that they pressed forward with great ferocity and completely destroyed the enemy forces in this town without further loss to themselves. The heroism and selfless devotion to duty displayed by Sgt. Sadowski, which resulted in his death, inspired the remainder of his force to press forward to victory, and reflect the highest tradition of the armed forces.
     1944--WIGLE, THOMAS W. Medal of Honor
Rank and organization: Second Lieutenant, U.S. Army, Company K, 135th Infantry, 34th Infantry Division. Place and date: Monte Frassino, Italy, 14 September 1944. Entered service at: Detroit, Mich. Birth: Indianapolis, Ind. G.O. No.: 8, 7 February 1945. Citation: For conspicuous gallantry and intrepidity at the risk of life above and beyond the call of duty in the vicinity of Monte Frassino, Italy. The 3d Platoon, in attempting to seize a strongly fortified hill position protected by 3 parallel high terraced stone walls, was twice thrown back by the withering crossfire. 2d Lt. Wigle, acting company executive, observing that the platoon was without an officer, volunteered to command it on the next attack. Leading his men up the bare, rocky slopes through intense and concentrated fire, he succeeded in reaching the first of the stone walls. Having himself boosted to the top and perching there in full view of the enemy, he drew and returned their fire while his men helped each other up and over. Following the same method, he successfully negotiated the second. Upon reaching the top of the third wall, he faced 3 houses which were the key point of the enemy defense. Ordering his men to cover him, he made a dash through a hail of machine-pistol fire to reach the nearest house. Firing his carbine as he entered, he drove the enemy before him out of the back door and into the second house. Following closely on the heels of the foe, he drove them from this house into the third where they took refuge in the cellar. When his men rejoined him, they found him mortally wounded on the cellar stairs which he had started to descend to force the surrender of the enemy. His heroic action resulted in the capture of 36 German soldiers and the seizure of the strongpoint.
     1945---KEATHLEY, GEORGE D. Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, 85th Infantry Division. Place and date: Mt. Altuzzo, Italy, 14 September 1944. Entered service at: Lamesa, Tex. Birth: Olney, Tex. G.O. No.: 20, 29 March 1945. Citation: For conspicuous gallantry and intrepidity at risk of life above and beyond the call of duty, in action on the western ridge of Mount Altuzzo, Italy. After bitter fighting his company had advanced to within 50 yards of the objective, where it was held up due to intense enemy sniper, automatic, small arms, and mortar fire. The enemy launched 3 desperate counterattacks in an effort to regain their former positions, but all 3 were repulsed with heavy casualties on both sides. All officers and noncommissioned officers of the 2d and 3d platoons of Company B had become casualties, and S/Sgt. Keathley, guide of the 1st platoon, moved up and assumed command of both the 2d and 3d platoons, reduced to 20 men. The remnants of the 2 platoons were dangerously low on ammunition, so S/Sgt. Keathley, under deadly small arms and mortar fire, crawled from 1 casualty to another, collecting their ammunition and administering first aid. He then visited each man of his 2 platoons, issuing the precious ammunition he had collected from the dead and wounded, and giving them words of encouragement. The enemy now delivered their fourth counterattack, which was approximately 2 companies in strength. In a furious charge they attacked from the front and both flanks, throwing hand grenades, firing automatic weapons, and assisted by a terrific mortar barrage. So strong was the enemy counterattack that the company was given up for lost. The remnants of the 2d and 3d platoons of Company B were now looking to S/Sgt. Keathley for leadership. He shouted his orders precisely and with determination and the men responded with all that was in them. Time after time the enemy tried to drive a wedge into S/Sgt. Keathley's position and each time they were driven back, suffering huge casualties. Suddenly an enemy hand grenade hit and exploded near S/Sgt. Keathley, inflicting a mortal wound in his left side. However, hurling defiance at the enemy, he rose to his feet. Taking his left hand away from his wound and using it to steady his rifle, he fired and killed an attacking enemy soldier, and continued shouting orders to his men. His heroic and intrepid action so inspired his men that they fought with incomparable determination and viciousness. For 15 minutes S/Sgt. Keathley continued leading his men and effectively firing his rifle. He could have sought a sheltered spot and perhaps saved his life, but instead he elected to set an example for his men and make every possible effort to hold his position. Finally, friendly artillery fire helped to force the enemy to withdraw, leaving behind many of their number either dead or seriously wounded. S/Sgt. Keathley died a few moments later. Had it not been for his indomitable courage and incomparable heroism, the remnants of 3 rifle platoons of Company B might well have been annihilated by the overwhelming enemy attacking force. His actions were in keeping with the highest traditions of the military service.
     1951- In a 9-6 loss to the Red Sox at Fenway Park, rookie Bob Nieman hits consecutive dingers off Mickey McDermott becoming the first player to hit home runs in his first two career at bats in the majors. In his third trip to the plate, the St. Louis Browns freshman beats out a bunt for a base hit.
     1951--GOMEZ, EDWARD Medal of Honor
Rank and organization: Private First Class, U.S. Marine Corps, Reserve, Company E, 2d Battalion, 1st Marines, 1st Marine Division (Rein.). Place and date: Korea, Hill 749, 14 September 1951. Entered service at: Omaha, Nebr. Born: 10 August 1932, Omaha, Nebr. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as an ammunition bearer in Company E, in action against enemy aggressor forces. Bolding advancing with his squad in support of a group of riflemen assaulting a series of strongly fortified and bitterly defended hostile positions on Hill 749, Pfc. Gomez consistently exposed himself to the withering barrage to keep his machine gun supplied with ammunition during the drive forward to seize the objective. As his squad deployed to meet an imminent counterattack, he voluntarily moved down an abandoned trench to search for a new location for the gun and, when a hostile grenade landed between himself and his weapon, shouted a warning to those around him as he grasped the activated charge in his hand. Determined to save his comrades, he unhesitatingly chose to sacrifice himself and, diving into the ditch with the deadly missile, absorbed the shattering violence of the explosion in his body. By his stouthearted courage, incomparable valor, and decisive spirit of self-sacrifice, Pfc. Gomez inspired the others to heroic efforts in subsequently repelling the outnumbering foe, and his valiant conduct throughout sustained and enhanced the finest traditions of the U.S. Naval Service. He gallantly gave his life for his country
     1951--WALMSLEY, JOHN S., JR. Medal of Honor
Rank and organization: Captain, U.S. Air Force, 8th Bombardment Squadron, 3d Bomb Group. Place and date: Near Yangdok, Korea, 14 September 1951. Entered service at: Baltimore, Md. Born. 7 January 1920, Baltimore, Md. Citation: Capt. Walmsley, distinguished himself by conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty. While flying a B-26 aircraft on a night combat mission with the objective of developing new tactics, Capt. Walmsley sighted an enemy supply train which had been assigned top priority as a target of opportunity. He immediately attacked, producing a strike which disabled the train, and, when his ammunition was expended, radioed for friendly aircraft in the area to complete destruction of the target. Employing the searchlight mounted on his aircraft, he guided another B-26 aircraft to the target area, meanwhile constantly exposing himself to enemy fire. Directing an incoming B-26 pilot, he twice boldly aligned himself with the target, his searchlight illuminating the area, in a determined effort to give the attacking aircraft full visibility. As the friendly aircraft prepared for the attack, Capt. Walmsley descended into the valley in a low level run over the target with searchlight blazing, selflessly exposing himself to vicious enemy antiaircraft fire. In his determination to inflict maximum damage on the enemy, he refused to employ evasive tactics and valiantly pressed forward straight through an intense barrage, thus insuring complete destruction of the enemy's vitally needed war cargo. While he courageously pressed his attack Capt. Walmsley's plane was hit and crashed into the surrounding mountains, exploding upon impact. His heroic initiative and daring aggressiveness in completing this important mission in the face of overwhelming opposition and at the risk of his life, reflects the highest credit upon himself and the U.S. Air Force.
     1956---Top Hits
     Hound Dog/Don't Be Cruel - Elvis Presley
     Whatever Will Be Will Be (Que Sera Sera) - Doris Day
     The Flying Saucer (Parts 1 & 2) - Buchanan & Goodman
     I Walk the Line - Johnny Cash
     1957- “Have Gun, Will Travel,” so read the business card of Paladin (Richard Boone), a loner whose pro­fessional services were available for a price. This western also featured Kam Tong as his servant, Hey Boy. The show was extremely popular and ranked in the top five for most of its run. My father Lawrence Menkin wrote many of the episodes.
     http://www.museum.tv/archives/etv/H/htmlH/havengunwil/havegunwil.htm
     http://www.hgwt.com/
    1958 - The 720th Missile Battalion, California National Guard, becomes operational on a 24-hour, seven day a week basis. Manning four batteries of NIKE-AJAX missiles, this is the first Army Guard unit armed with these surface-to-air missiles used to replace anti-aircraft guns in defensive positions. By 1962 a force of 17,000 Guardsmen (combined technicians and traditional) maintained 82 batteries stationed in 15 states. All were located around harbors and large cities important to national strategic interests.
    1960 - The Organization of the Petroleum Exporting Countries was founded on this day at the Baghdad Conference of 1960, established by five core members: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. Originally made up of just these five, OPEC began as an attempt to organize and unify petroleum policies, securing stable prices for the petroleum producers. The organization grew considerably after its creation, adding eight other members and developing into one of the most influential groups in the world. The first real indication of OPEC's power came with the 1973 oil embargo, during which long lines and soaring gasoline prices quickly convinced Americans of the reach of OPEC's influence. OPEC's member countries currently supply more than 40 percent of the world's oil.
     1963-The Beach Boys' "Surfer Girl" peaks at #7 on the pop singles chart.
     1963-- The Beatles' "She Loves You" becomes England's best-selling single of all time, a record that wouldn't be broken until 1977, when ex-Beatle Paul McCartney will release "Mull of Kintyre."
     1964--- The ill-fated sitcom The Bing Crosby Show debuts on ABC-TV.
     1964---Top Hits
     The House of the Rising Sun - The Animals
     Because - The Dave Clark Five
     Bread and Butter - The Newbeats
     I Guess I'm Crazy - Jim Reeves
     1965--- The Television show "F-Troop" premiers
     1967- “Ironsides.” This crime series starred Raymond Burr as Robert T. Iron side, Chief of Detectives for the San Francisco Police Department (he was in a wheelchair, paralyzed from an assassination attempt).Also featured were Don Galloway as his assistant, Detective Sergeant Ed Brown, Barbara Anderson as Officer Eve Whitfield, Don Mitchell as Mark Sanger, Ironside's personal assistant, Gene Lyons as Commissioner Dennis Randall, Elizabeth Baur as Officer Fran Balding and Joan Pringle as Diana, Mark's wife.
     http://us.imdb.com/title/tt0107951/
     http://www.museum.tv/archives/etv/B/htmlB/burrraymond/burrraymond.htm
     1968-Big Brother and the Holding Company's LP, "Cheap Thrills" enters the LP chart -- where it will stay for 29 weeks, including 8 at #1.
     1968--The Chambers Brothers' "Time Has Come Today" enters Billboard's Hot 100, where it will climb to number eleven.
     1968-The Archies cartoon show first aired on Saturday mornings on the CBS television network. The records that were credited to this make believe group were recorded by Ron Dante, Andy Kim, Jeff Barry and others. Their biggest hit would turn out to be a song called "Sugar, Sugar", that went to number one in 1969, selling over six million copies.
     1969--SKIDGEL, DONALD SIDNEY Medal of Honor
Rank and organization: Sergeant, U.S. Army, Troop D, 1st Squadron, 9th Cavalry, 1st Cavalry Division. Place and date: Near Song Be, Republic of Vietnam, 14 September 1969. Entered service at: Bangor, Maine. Born: 13 October 1948, Caribou, Maine. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Sgt. Skidgel distinguished himself while serving as a reconnaissance section leader in Troop D. On a road near Song Be in Binh Long Province, Sgt. Skidgel and his section with other elements of his troop were acting as a convoy security and screening force when contact occurred with an estimated enemy battalion concealed in tall grass and in bunkers bordering the road. Sgt. Skidgel maneuvered off the road and began placing effective machinegun fire on the enemy automatic weapons and rocket-propelled grenade positions. After silencing at least 1 position, he ran with his machinegun across 60 meters of bullet-swept ground to another location from which he continued to rake the enemy positions. Running low on ammunition, he returned to his vehicle over the same terrain. Moments later he was alerted that the command element was receiving intense automatic weapons, rocket-propelled grenade and mortar fire. Although he knew the road was saturated with enemy fire, Sgt. Skidgel calmly mounted his vehicle and with his driver advanced toward the command group in an effort to draw the enemy fire onto himself. Despite the hostile fire concentrated on him, he succeeded in silencing several enemy positions with his machinegun. Moments later Sgt. Skidgel was knocked down onto the rear fender by the explosion of an enemy rocket-propelled grenade. Ignoring his extremely painful wounds, he staggered back to his feet and placed effective fire on several other enemy positions until he was mortally wounded by hostile small arms fire. His selfless actions enabled the command group to withdraw to a better position without casualties and inspired the rest of his fellow soldiers to gain fire superiority and defeat the enemy. Sgt. Skidgel's gallantry at the cost of his life were in keeping with the highest traditions of the military service and reflect great credit upon himself, his unit, and the U.S. Army.
     1970 - The temperature at Fremont, OR, dipped to 2 above zero to equal the state record for September set on the 24th in 1926.
     1972- “The Walton's.” This epitome of the family drama spawned nearly a dozen knock-~offs during its nine-year run on CBS. The drama was based on creator/writer Earl Hamner Jr's experiences grow­ing up during the Depression in rural Virginia. It began as the TV movie “The Homecoming,” which was so well-received that it was turned into a weekly series covering the years 1933—43. The cast went through numerous changes through the years; the principals were: Michael Learned as Olivia Walton, mother of the clan, Ralph Waite as John Walton, father, Richard Thomas as John-Boy, eldest son, Jon Walmsley as son Jason, Judy Norton Taylor as daughter Mary Ellen, Eric Scott as son Ben, Mary Beth McDonough as daughter Erin, David W. Harper as son Jim-Bob and Kami Cotler as daughter Elizabeth. The Walton grandparents were played by Ellen Corby (Esther) and Will Geer (Zeb). The last telecast aired Aug 20, 1981
     http://www.geocities.com/TelevisionCity/2792/walton1.htm
     1972---Top Hits
     Alone Again (Naturally) - Gilbert O'Sullivan
     Long Cool Woman (In a Black Dress) - The Hollies
     Baby Don't Get Hooked on Me - Mac Davis
     Woman (Sensuous Woman) - Don Gibson
     1973 - For his hit single "The Twelfth of Never," Donny Osmond received a gold record. Released in March of 1973, the son was one of five that went gold for the young Osmond. His other solo successes were: "Sweet & Innocent", "Go Away Little Girl", "Hey Girl" and "Puppy Love".
    1974-After a two year battle with heroin, Eric Clapton was back in a big way. His version of Bob Marley's "I Shot the Sheriff" hit the top of the Billboard chart, rejuvenating his career.
     1975- the first Catholic saint who was born in America was Elizabeth Ann Bayley Seton, who was born into a Episcopalian family in New York City on August 28, 1774, was canonized this day. The mother of five children, she founded the Society for the Relief of Poor Widows with Small Children in 1797. She converted to Roman Catholicism in New York City in 1805 and founded an order of nuns, the Sisters of Charity of St. Joseph. She died on January 4, 1821, in Emmetsburg, MD, was beatified on March 17, 1963, at the Vatican, Rome, by Pope John XXIII, and was canonized this day in 1975.
    1976--- Bob Dylan's Hard Rain concert airs on NBC-TV.
     1978 - The first episode of the television series "Mork & Mindy", starring Robin Williams as Mork and Pam Dawber as Mindy, debuted on ABC-TV. Mork made an earlier appearance in February, 1978, during an episode of "Happy Days".
     http://www.timstvshowcase.com/mork.html
     http://us.imdb.com/title/tt0077053/
     http://www.tvtome.com/tvtome/servlet/ShowMainServlet/showid-1520
     1979--- Kenny Rogers is awarded a star on the Hollywood Walk of Fame at 6666 Hollywood Blvd. Los Angeles Mayor Tom Bradley also officially declares today "Kenny Rogers Day" in the city.
     1980---Top Hits
     Upside Down - Diana Ross
     All Out of Love - Air Supply
     Fame - Irene Cara
     Lookin' for Love - Johnny Lee
     1985- “Golden Girls” premiere on TV.. This comedy starred Bea Arthur, Betty White, Rue McClanahan and Estelle Getty as four divorced/wid­owed women sharing a house in Florida during their golden years. The last episode aired Sept 14, 1992 but the show remains popu­lar in syndication.
     http://timvp.com/goldgirl.html
     1984-The first MTV Video Music Awards are held at Radio City Music Hall in New York City. Michael Jackson wins three awards, including Best Overall Performance for "Thriller".
     1985 - At Radio City Music Hall in New York City, the first "MTV Video Music Awards" were presented. The Cars won "Best Video" for "You Might Think" while Michael Jackson won "Best Overall Performance" and "Choreography" for his "Thriller" video.
     1985 - The Reverend Benjamin Weir, an American missionary, was released after being held captive for 16 months by Shiite Muslim kidnappers in Lebanon.
     1987 - A record for the skateboard high jump was set when Tony Magnuson went 9.5 feet above the top of the U-ramp.
     1987 - Thunderstorms developing along a cold front produced severe weather from Minnesota to Texas. Thunderstorms in Iowa produced baseball size hail at Laporte City, and 80 mph winds at Laurens. Hail caused more than ten million dollars damage to crops in Iowa. Thunderstorms in Missouri produced wind gusts to 75 mph at Missouri City and Kansas City. A thunderstorm in Texas deluged the town of Fairlie with two inches of rain in just two hours
    
    1987-American Bandstand becomes the longest running entertainment show in US TV history.
1988---Top Hits
     Sweet Child o' Mine - Guns N' Roses
     Simply Irresistible - Robert Palmer
     Perfect World - Huey Lewis & The News
     (Do You Love Me) Just Say Yes - Highway 101
     1988 - Thunderstorms produced severe weather over the Texas panhandle during the evening hours. One thunderstorm spawned a strong (F-2) tornado in the southwest part of Amarillo, and deluged the area with five inches of rain. The heavy rain left roads under as much as five feet of water, and left Lawrence Lake a mile out of its banks. Hurricane Gilbert lost some of its punch crossing the Yucatan Peninsula of Mexico. Its maximum winds diminished to 120 mph.
     1988-Hundreds in San Francisco residents gathered for a peaceful and lawful protest of the policies/platform of then-candidate for President George H.W. Bush. who was appearing here with his vice president. In the ensuing police riot in front of the Sir Francis Drake Hotel, 58-year-old legendary labor organizer Doloras Huerta was severely beaten and nearly killed by San Francisco Police officers. The baton-beating caused significant internal injuries to her torso, resulting in several broken ribs and required the removal of her spleen in emergency surgery. The beating including the clear ramming of the butt end of a baton into Huerta's torso by one of the helmeted officers was caught on videotape and broadcast widely on local television news,. Later, Huerta won a large judgment against the SFPD and the City of San Francisco, the proceeds of which were used in benefit of farm workers.
http://bravenation.com/bonnie_raitt_dolores_huerta.php
     1990- Ken Griffey, Sr. , and Ken Griffey, Jr., father and son, hit unprecedented back-to-back home runs for the Seattle Mariners in a game against the California Angeles. Kirk McCaskill was the pitcher. The Mariners lost, 7-5.
     1991-- "I Adore Mi Amor" by Color Me Badd topped the charts and stayed there for 2 weeks.
     1994---Top Hits
     I' ll Make Love To You- Boyz II Men
     Stay (I Missed You) (From "Reality Bites")- Lisa Loeb
     Stroke You Up- Changing Faces
     When Can I See You- Babyface
     1994--- The Temptations are awarded a star on the Hollywood Walk of Fame at 7060 Hollywood Blvd
     1995--- Paul McCartney's handwritten lyrics for the Beatles' "Getting Better" fetch $249,000 at Sotheby's in London.
     1996- Mark McGwire hits his 50th home run off Cleveland hurler Chad Ogea becoming the 13th player in major league history to reach that plateau. The Cardinal first baseman gives the milestone ball to his eight-year-old son, Matthew.
     1998 - A new talk show, The Roseanne Show, debuted in syndication in more than 150 stations in the country. It was Roseanne's first major television project since her hit ABC sitcom Roseanne ended its 9-year run in May 1997.
     http://us.imdb.com/name/nm0001683/
     http://abc.go.com/primetime/realroseanne/index.html
     1999- The free "Sheryl Crow and Friends" concert is held in New York's Central Park. She is joined on stage at different times by Keith Richards, Stevie Nicks, The Dixie Chicks, Eric Clapton, Chrissie Hynde and Sarah McLachlan. The second hour of the concert is broadcast live on Fox.
     1999---Top Hits
     Unpretty- TLC
     Bailamos- Enrique Iglesias
     Summer Girls- LFO
     She s All I Ever Had- Ricky Martin
     2000- Paul Simon, Crosby Stills and Nash, and the Eagles' Don Henley and Glenn Frey perform at the joint VH1/Rolling Stone fundraiser for Al Gore
     2002---In San Francisco, some 1,000 marched down Market St. to denounce the Bush administration’s call for war against Iraq.
     2002- Barry Bonds ties Hank Aaron for the most 100-RBI seasons by a National League player as he drives in his 100th run of the season for the 11th time in his career. The major league record is13 shared by Jimmie Foxx, Lou Gehrig, and Babe Ruth. Saying his heart has always been in San Francisco, Barry Bonds avoids arbitration by agreeing to a five-year, $90 million deal with the Giants. The contract also calls for 10-year personal services commitment at the end of the 37-year left fielder's playing days.
     2002 Chin-Feng Chen becomes the first Taiwan-born player to appear in the major leagues as he walks and scores as a pinch-hitter for the Dodgers against the Rockies. The 24-year-old first baseman-outfielder played for the 1990 Taiwan team which won the Little League World Series.
     2003---Top Hits
     Shake Ya Tailfeather- Nelly, P. Diddy & Murphy Lee
     Baby Boy- Beyonce Featuring Sean Paul
     Right Thurr- Chingy
     Into You- Fabolous Featuring Tamia Or Ashanti

 

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