National Equipment Finance Association Announces
the Formation of Regional Committees

In an effort to get more benefits for members, perhaps to seek new members, and fulfill the purpose of the association, Chad Sluss, MSA, Executive Director / Chief Executive Officer, announced the formation of Regional Committees.

Chad Sluss, MSA, said, "NEFA’s mission is to cultivate the growth of its members in the commercial equipment finance industry by providing networking, collaboration, and the exchange of impactful knowledge.

"We have highlight on our regional page that NEFA has formally created six regions: Northeast, Southeast, Midwest, South Central, Southwest and Northwest."

"The regions are organized with a five-person regional committee, made up of volunteer leaders,” he explained. "The committee, led by a chair person, works with NEFA Staff and Board of Directors in developing regionally based events, programs, and tools for the membership.

"In the future, we anticipate generating local chapters, with high concentrations of industry professionals, who will organize activities within their specific region."

For information, or to join NEFA:
Contact: Chad Sluss, MSA
csluss@nefassociation.org
(616) 204-9599
https://www.nefassociation.org

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Targeted Lending Co., LLC.
Updates Funder "A” List

Name In Business Since Contact Website Leasing Association	Employees	Geo Area	Dollar Amount	A	B	C	D	E
Targeted Lending Co., LLC 2015 Brian Gallo bgallo@targetedlending.com Renee Hazard rhazard@targetedlending.com 716-266-6700 www.targetedlending.com ELFA, NEFA	10	National	$5,000  to $200,000	Y	Y	N	Y	Y

A -Accepts Broker Business | B -Requires Broker be Licensed
| C -Sub-Broker Program| D -"Private label Program"
| E - Also "in house" salesmen

Full Funder "A” List:
https://leasingnews.org/logos/targeted_lending2022.jpg

Help Wanted Ads

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Employee Service to Their Company
By Scott Wheeler, CLFP, CLFP, Wheeler Business Consulting

Scott's weekly newsletter runs in Leasing News, often appearing in the top ten most read articles each week. His main business is "Business Consulting".  His latest concerns the question of employees who want more flexibility, a meaningful career path, and increased autonomy.

He writes in his latest observation:

While employees want more flexibility, a meaningful career path, and increased autonomy, Employers want employees who are committed to the company's mission, vision, profitability, sustainability, and growth. They want employees who are part of the team.

In many organizations (both small and large) there is a disconnect.

As a service industry, the commercial equipment finance and leasing industry is highly dependent upon a well-educated, committed pool of talented professionals. In exchange, the industry provides highly lucrative career paths for participants who are committed to advancing the individual organizations which provide superior financing and leasing services to businesses throughout the U.S. economy.

The unfortunate reality is that there is a growing shortage of well-trained professionals available in the market.

In the distant past, there were several larger institutional players that provided multi-dimensional training programs to hundreds, if not thousands, of young individuals entering the industry.

These programs taught all facets of the business and were often multi-year management training programs which fed the entire industry with professionals who were well prepared to lead sales, credit, operational, and management teams.

Over the past decade or two, these multi-faceted programs have waned, and most professionals have entered the industry by learning single skills that met an immediate need. The lack of multi-faceted skill sets limit individuals' ability to progress in their careers; and hinders companies' ability to maximize growth opportunities.

The alternative to creating internal well-rounded talent has been to poach specific-need talent from competitors. The cycle of poaching talent from competitors is quickly becoming limited.

Employees at every level (from beginners to well-seasoned) crave additional skill sets. They want to move their career forward and provide greater contributions to their employers.

Employers are in desperate need of well-rounded employees and leaders who understand all aspects of the commercial equipment finance and leasing industry.

The proper alignment of enhancing an individual's career path and positioning an organization for long-term sustainability is a continuous journey which requires a joint commitment on both the employee and the employer.

Over the past few years, I have worked with participants in the commercial equipment finance and leasing industry that have committed to the process of creating talent from within. By developing internal talent, employers gain sustainability, increased production, improved profitability, and greater market value. (Market values are greatly enhanced when an organization has a proven record of creating talent from within.)

Employees of organizations that provide enhanced career development programs are better prepared for success, expedite their roles as industry leaders, and provide greater value to their employers and the industry.

Scott A. Wheeler, CLFP
Wheeler Business Consulting
Comments, questions and suggestions are welcome.
Phone: 410-877-0428
email: scott@wheelerbusinessconsulting.com

Engagements with Wheeler Business Consulting include building healthier relationships between employees and employers. Whether it is individual training of employees or strategic planning, the greatest asset of any commercial equipment finance and leasing participant is its ability to recruit, train, and retain top talent. Strong companies require strong teams of talent that fully understand all aspects of the industry. Wheeler Business Consulting assists in building strong, durable teams.

Wheeler Business Consulting works with banks, independents, captives, origination companies, and investors in the equipment leasing and finance arena. We provide training, strategic planning, and acquisition services. Scott Wheeler is available to discuss your long-term strategy, to assist your staff to maximize outcomes, and to better position your organization in the market.

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Chesswood Reports Quarter 2 Income $9.7 Million
Compared to $7.8 Million Same Period in 2021

The Press Release states: “The U.S. Equipment Financing Segment reported interest revenue on leases and loans in the quarter of $32.5 million and ancillary and other income of $5.3 million, a total increase of $14.2 million compared to the same period in the prior year.  The increase is the result of the growing finance receivables portfolio.“

Ryan Marr, Chesswood's President & CEO, said,” Chesswood generated strong earnings and free cash flow in the second quarter of 2022. On a consolidated basis, our businesses achieved record levels of free cash flow, driven by our diversified portfolio of more than $2 billion of commercial and consumer net finance receivables.

"Origination levels were strong throughout the quarter, driven in particular by growth in our vendor channel in addition to our unique full credit spectrum underwriting capability."

The websites of Chesswood Group Limited's operating businesses are:

www.PawneeLeasing.com          www.BlueChipLeasing.com
www.TandemFinance.com         www.VaultCredit.com
www.VaultPay.com                   www.Rifco.net
www.WaypointInvestmentPartners.com

Full Press Release
https://www.newswire.ca/news-releases/chesswood-announces-second-quarter-2022-results-812460059.html

Top Ten Leasing News Read by Readers
August 1 to August 5

(1) The California DFPI on Steroids!
  Beware Unlicensed Lenders and Brokers!
    By Ken Greene, Leasing News Legal Editor
https://leasingnews.org/archives/Aug2022/08_05.htm#ca

 (2) New Hires/Promotions in the Leasing Business
    and Related Industries
https://leasingnews.org/archives/Aug2022/08_05.htm#hires

(3) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Aug2022/08_03.htm#hires

(4) Public Service Announcement:
You can work AND keep your dog
https://leasingnews.org/archives/Aug2022/08_03.htm#psa

(5)  North Mill Equipment Finance Hits $1B in Originations
on its Anniversary of Recapitalization
https://leasingnews.org/archives/Aug2022/08_01.htm#nm

(6)   ANNOUNCEMENT
  Due to Demand Hotel Rooms Have Been Added
61st EFLA Annual Convention in Florida
https://leasingnews.org/archives/Aug2022/08_05.htm#elfa

(7) This is the Salary You Need to
Buy a Home in 50 U.S. Cities—see list of 40 states
https://www.visualcapitalist.com/mapped-the-salary-you-need-to-buy-a-home-in-50-u-s-cities/

(8) Why I Became a CLFP
  Kevin F. Clune, Clune & Company
Now a Division of Landmark Financial Corp.
https://leasingnews.org/archives/Aug2022/08_03.htm#clfp

(9) Contract Leasing Corporation Announces
Acquisition by Wafra
https://www.tullahomanews.com/news/business/contract-leasing-corporation-announces-acquisition-by-wafra/article_2f5ef071-3824-5317-90f2-1203e34f141f.html

(10) Certified Leasing and Finance Foundation Announces
CLFP Glossary Now Available online
https://leasingnews.org/archives/Aug2022/08_01.htm#clfp

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Online Equipment Auction List
Finance Arrangements Available

auctioneerexpress.com	Tractor, Mower, Dump Truck, Mower, Cutter, 13 Tire Roller
www.auctiontime.com	“Free listing of items, which also connects to other site. Powered by MachineryTrader.com, TractorHouse.com, and TruckPaper.com, AuctionTime.com brings together buyers and sellers to move equipment at auction values. Bidders pay no buyers fees whatsoever.,,“Unlike conventional auctions, bidders can discuss specifics about the auction pieces with the actual seller, or go see the actual machine themselves. Auctions come to an end each Wednesday with live bidding open every Monday at 5 pm CST and proxy bidding open 7 days prior to auction end time.”
HeavyEQ.govdeals.com	Heavy Equipment, Truck and Machinery Industry Online Gov't Surplus Auctions - Over 1,000 Government Clients
inplaceauction.com	Caters to lessors, lenders, and bankruptcy trustees, conducting both virtual and live auctions of all types of assets including:  Agricultural, Medical, Industrial, Transportation, Trucks, Construction, Real Estate, etc.  Appraisals - on site and desktop.
ironplanet.com	Cranes, Trailers, Equipment Trucks
motleys.com	Construction Equipment & Trucks
municibid.com	Municibid is an online government auctions website designed specifically for the sale of surplus and forfeited/seized goods directly by the government publicsurplus.com
salvex.com	Salvaged equipment for both re-seller and end user.
tractorhouse.com	Mostly farm equipment
usgovbid.com	Government Online Auctions - Servicing Government Agencies for over a Decade

List of many auction sites for consumer and vehicle:
http://www.100auctionsites.com/

Online auction Top Ten Most Popular Sites
(Primarily for consumers or consumer merchandise)
http://online-auction-sites.toptenreviews.com/

Auction Zip
--primarily consumer
(find auctions anywhere)
http://www.auctionzip.com/

Cockapoo
Buffalo, New York   Adopt-a-Dog

Nici
ID: 50790769
Male
5 Years old
Small
Apricot/Beige
Vacinations up-to-date

Nici is an approximately 5 year old cockapoo who came to the shelter as a stray and was never claimed. Despite his current predicament, this cockapoo cutie-pie is as happy and outgoing as they come! Unfortunately, our groomer has been a little backed up, but this guy is sure to be even more handsome once he gets a nice "spa day". Nici is a peppy little fellow who is happy to meet new dogs and people wherever he goes. As long as he gets some attention, and back scratches, this curly coated boy is as happy as a clam! He is sure to make a good fit for a lot of different families looking to adopt!

Nici (pronounced Nicky) was given this special name in honor of a special man who's no longer with us, and his mother wanted to honor him.

Buffalo Animal Shleter
380 Oak Street
Buffalo, New YorY 14203
(716) 851-5694

The City of Buffalo Animal Shelter & Friends of the City of Buffalo Animal Shelter
https://friendsofcbas.org/

Hours:
Open 24 hours

Applicaton:
https://friendsofcbas.org/adopt

About the Breed:
The Cockapoo was first bred by designer dog breeders in the United States with the aim of producing a healthy companion dog that, it is claimed by its supporters, does not inherit many of the health defects common in the two parent breeds due to hybrid vigour.[2][3] Cocker Spaniels and Poodles have been deliberately crossed in the United States since the 1960s

In order to promote the crossbreed in the United States a dedicated club has been formed, the Cockapoo Club of America.[6] In 2022, Cockapoos were one of the most expensive dog varieties in the United Kingdom, costing an average of £1,336.15.[7] Between 2019 and 2020, the average price in the UK rose by 168 percent, a result of increased demand caused by a national lockdown in response to the COVID-19 pandemic
wikipedia.com

Cockapoo Club of America
https://americancockapooclub.com/index.asp

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deBanked Broker Fair - Close to Selling Out
October 24, 2022, Marriott Marquis

Pre-show: October 23, 2022 (Evening)
Event: October 24, 2022 (All day)
Times Square NYC
New York Marriott Marquis

New and Experienced East Coast Attendees

Brokers, funders, lenders, vendors, and financial service providers from across the spectrum of small business and commercial finance connect each year at Broker Fair. It’s the only conference of its kind!

Registration:
https://brokerfair.org/register/
Broker
US$399
Funder/ Lender
US$1,400
General Admission
US$1,400
More Information:
https://brokerfair.org/register/

News Briefs---

Musk says Twitter deal could move ahead
    with 'bot' info
https://www.pressdemocrat.com/article/business/musk-says-twitter-deal-could-move-ahead-with-bot-info/

Tech jobs market powers on with strong gains and
historically low unemployment rate, CompTIA analysis finds
https://www.prnewswire.com/news-releases/tech-jobs-market-powers-on-with-strong-gains-and-historically-low-unemployment-rate-comptia-analysis-finds-301600915.html

Graybar Sets New Quarterly Records
for Net Sales and Net Income
https://www.prnewswire.com/news-releases/graybar-sets-new-quarterly-records-for-net-sales-and-net-income-301601023.html

Starbucks reports record revenue
on frothy US demand
https://www.chicagotribune.com/nation-world/ct-aud-nw-starbucks-results-ap-20220803-4fbgg4vaarailhz4g4wlhwsifa-story.html

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You May Have Missed---

Are we in a recession? Not yet, economists say
   Here’s what to know
https://www.chicagotribune.com/business/ct-biz-recession-inflation-what-to-knowstory.html

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Sports Briefs---

49ers camp: 10 most surprising players
     in a positive way
https://www.pressdemocrat.com/article/sports/49ers-camp-10-most-surprising-players-in-a-positive-way/

Kemoko Turay: The 49ers’ next pass-rushing
success story?
https://www.sfchronicle.com/sports/49ers/article/Kemoko-Turay-The-49ers-next-pass-rushing-17357940.php

Cardinals assistant James Saxon put on leave
after news of domestic battery charges
https://www.usatoday.com/story/sports/nfl/cardinals/2022/08/05/james-saxon-facing-domestic-battery-charges/10245352002/

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California Nuts Briefs---

 Stay or go? Some ignore evacuation orders
— and die in California’s worsening wildfires
https://www.sacbee.com/news/california/fires/article264159241.html

Water wars in a drying California: New money
vs. old power in San Joaquin Valley
https://www.mercurynews.com/2022/08/07/water-wars-in-a-drying-california-new-money-vs-old-power-in-san-joaquin-valley/

New documentary chronicles natural winemakers’
work against backdrop of climate change
https://www.pressdemocrat.com/article/lifestyle/living-wine-chronicles-natural-winemakers-against-backdrop-of-climate-cha/

Can You Guess the Bid on this price of a Lagoon
Along the San Francisco Bay
https://www.sfchronicle.com/projects/2022/foster-city-home-real-estate/

See the annual March of the Penguins
return to San Francisco Zoo
https://www.sacbee.com/news/article264271331.html#storylink=cpy

This Day in History

    1588 – This event is mentioned as history may have been quite different for the founding of the United States. The Spanish Armada, a fleet of 130 huge ships, met defeat at the hands of English sailors and their smaller, more maneuverable vessels. Then a series of wicked Atlantic storms off the coast of Southern England took their toll. Only half of the 130 Spanish ships managed to limp ... at best ... home. The 60 or so English ships, plus the weather, saved England from the Spanish invaders. This day Queen Elizabeth herself went to Tilbury to encourage her forces, and the next day gave to them what is probably her most famous speech:
https://en.wikipedia.org/wiki/Speech_to_the_Troops_at_Tilbury
    1776 - John Paul Jones was commissioned as a captain and appointed to command the Alfred. His orders were to harass enemy merchant ships and defend the American coast.
    1786 - The US Congress adopted the silver dollar and decimal system of money.
    1794 – Joseph Whidbey and George Vancouver lead an expedition to search for the Northwest Passage near Juneau, AK.
    1814 - Esther Hobart McQuigg Morris (d. 1902) was born at Tioga County, NY.  She moved to Wyoming Territory, where she worked in the women’s rights movement and had a key role in getting a women’s suffrage bill passed. Morris became justice of the peace of South Pass City, WY in 1870, one of the first times a woman held public office in the US. She represented Wyoming at the national suffrage convention in 1879.
    1844 - The Quorum of the Twelve Apostles, headed by Brigham Young, is reaffirmed as the leading body of The Church of Jesus Christ of Latter-day Saints (LDS Church).    
    1854 - Smith and Wesson patented metal bullet cartridges.
    1863 - Following his defeat in the Battle of Gettysburg, General Robert E. Lee sends a letter of resignation to Confederate President Jefferson Davis (which is refused upon receipt).
    1863 - Tennessee's "military" Governor Andrew Johnson frees his personal slaves. During the early 20th century, the day was celebrated by blacks in Tennessee as a holiday.
    1866 - Birthday of Mathew Henson (d. 1955), famous African-American explorer, born at Charles County, MD.  He met Robert E. Peary while working in a Washington, DC, store in 1888 and was hired to be Peary’s valet.   He accompanied Peary on his seven subsequent Arctic expeditions. During the successful 1908—09 expedition to the North Pole, Henson and two of the four Eskimo guides reached their destination on Apr 6, 1909. Peary arrived minutes later and verified the location. Henson’s account of the expedition, “A Negro Explorer at the North Pole,” was published in 1912. In addition to the Congressional medal awarded all members of the North Pole expedition, Henson received the Gold Medal of the Geographical Society of Chicago and, at 81, was made an honorary member of the Explorers Club at New York, NY.
http://www.matthewhenson.com/
http://www.arcticice.org/henson.htm
    1866 - The first queen to visit the United Sates was Queen Emma, widow of King Kamehameha IV of the Sandwich Islands (later to be re-named Hawaii), who arrived in New York City from England on the Cunard liner ‘Java.’  She was received on August 14, 1866 by President Andrew Johnson and she was introduced to his family.   American business had already started to invest in the islands, bringing coffee, potatoes, hybrid sugarcane, horses and cattle.
    1870 - Magic (US) defeats Cambria (England) in 2nd running of America's Cup
    1876 - Thomas Alva Edison of Menlo Park, NJ, obtained a patent for a “method of preparing autographic stencils for printing”. He went on to improve the “mimeograph,” that until the advent of the photocopier, was the most widespread method of paper communication and duplication.
    1878 - The temperature at Denver, CO, soars to an all-time record high of 105 degrees.
    1879 – Birthday of Robert Holbrook ‘Dr. Bob’ Smith (d. 1950), founder of Alcoholics Anonymous, in St. Johnsbury, VT.  He began drinking in college and continued to become progressively worse after graduation from medical school and during his practice.  Upon meeting AA co-founder Bill Wilson, who saved him from another relapse, Smith finally stopped for good on June 10, 1935, the day recognized as the founding of AA.
    1885 - More than 1.5 million people attend the funeral of Ulysses S. Grant in New York City.
    1896 - Birthday of Marjorie Kinnan Rawlings (d. 1953), American short story writer and novelist, “The Yearling”, born at Washington, DC.
http://memory.loc.gov/ammem/today/aug08.html.
    1899 - Birthday of Russell Markert (d. 1990), American choreographer, at Jersey City, NJ.  He founded and directed the Radio City Music Hall Rockettes from 1932 to 1971.
    1899 - A.T. Marshall of Brockton, MA patented the refrigerator. It was not practical in cost for many households and “ice” refrigerators were common
until perhaps World War II.
    1900 – First Davis Cup, named after Dwight Filley Davis, began at Longwood Cricket Club in MA, was won by US 2 days later.
    1900 - Birthday of bandleader Lucky Millinder, born Lucius Venable Millinder (d. 1966), Anniston, AL.
    1901 – Birthday of Ernest Lawrence (d. 1958), US physicist, Nobel laureate, in Canton, SD.  His Nobel work was for the invention of the cyclotron.  He is also known for his work on uranium-isotope separation for the Manhattan Project, and for founding the Lawrence Berkeley and Lawrence Livermore Laboratories, renamed by the Regents of the University of California after his death.  Chemical element number 103 was named lawrencium in his honor after its discovery at Berkeley in 1961.
    1903 - In the 11th inning, an old black ball is put into play against Cleveland.  Tigers' Nap Lajoie protests are ignored, he hurls ball out of park and forfeits the game.    1908 – Birthday of Arthur Goldberg (d. 1990) in Chicago.  6th US Ambassador to the UN (President Johnson), he also served as the Secretary of Labor (President Kennedy) and Supreme Court Justice (President Kennedy).
    1910 – Birthday of actress Sylvia Sydney, born Sophia Kosow (d. 1999) in The Bronx.  During the Depression, Sidney appeared in a string of films, often playing the girlfriend or the sister of a gangster opposite many of Hollywood’s leading men. 
    1911 - Membership in the U.S. House of Representatives was established at 435. Every 211,877 residents of the U.S. were to be represented by one member of Congress.
    1918 – Birthday of alto Sax player Benny Carter (d. 2003), born Bennett Lester Carter, in Harlem, NYC.  
http://www.bennycarter.com/
http://newarkwww.rutgers.edu/ijs/bc/
http://www.riverwalk.org/profiles/carter.htm
    1918 - Two days after the Battle of Marne ended, the British Fourth Army mounted an offensive at Amiens with the objective of freeing the Amliens-Paris railways from bombardment by the German Second and Eighteenth Armies. More than 16,000 German prisoners were taken in two hours of fighting the first day. The German forces were forced back to the Hindenburg’s line by September 3. This battle is considered a turning point by many historians because of its impact on the psyche of Germany.  August 8 was described by General Erich Ludendorff as a “Black Day” for Germany.
    1918 - 6 US soldiers are surrounded by Germans in France. Sgt. Alvin York is given command, shoots 20 Germans and captures 132 more.
    1920 – Detroit Tigers beat New York Yankees, 1-0, in shortest AL game, 73 minutes…no TV timeouts!
    1921 - Birthday of American composer Roger Nixon (d. 2009), Tulare, CA.
    1921 – Birthday of actress and champion swimmer Esther Williams (d. 2013) in Inglewood, CA.  Williams set multiple national and regional swimming records in her late teens.  Unable to compete in the 1940 Summer Olympics because of the outbreak of World War II, she joined Billy Rose’s Aquacade.  She spent five months swimming alongside Olympic gold medal winner and Tarzan star, Johnny Weissmuller and caught the attention of MGM scouts at the Aquacade. After appearing in several small roles, Williams made a series of films in the 1940s and early 1950s known as "aquamusicals," which featured elaborate performances with synchronized swimming and diving.   
    1922 - Louis Armstrong, 22 years old, leaves for the Windy City. His autobiography is fascinating to read about his version of the beginnings of jazz. He perhaps is not only the best known jazz musician, but considered even today to have been quite ahead of his time. On old records, it is easy to pick him out playing the trumpet. He had tone, melody and rhythm that still wants you to sing, dance, or tap your foot.
    1922 – Birthday of actor Rory Calhoun (d. 1999), born Francis Timothy McCown in Los Angeles.
    1922 – Birthday of designer Rudy Gernreich (d. 1985), of Monokini fame.
    1923 - Birthday of singer Jimmy Witherspoon (d. 1997), Gurdon, AR.  
    1923 - Benny Goodman was 14 years old as he began his professional career as a clarinet player. He took a job in a band on a Chicago-based excursion boat on Lake Michigan.
    1926 - Birthday of trombonist Urbie Green, Mobile, AL. 
    1929 - The airship Graf Zeppelin began its world tour today from Lakehurst, NJ. The total trip flying time took 12 days and 11 minutes and covered 19,500 miles. The overall elapsed time due to stops and refueling was 19 days.  In a tragic coincidence, it was at Lakehurst in 1937 where the Hindenburg burst into flames, effectively ending airship travel completely.
    1932 - Birthday of singer/songwriter Mel Tillis, Pahokee, FL.  Tillis was the Country Music Association Entertainer of the Year.  Equally talented as a singer and as a songwriter, Tillis began his hit-making career in 1958 with "The Violet and the Rose." His top-ten singles have included "Who's Julie," "The Arms of a Fool" and "Memory Maker."  Tillis has a speech impediment, but has made his stuttering a part of his act.
    1933 - Louisiana Governor O.K. Allen pardons Huddie William Ledbetter, better known as the folksinger “Leadbelly.”  He got the name while in prison in Texas for being very strong.   He was a very big man with an explosive temper, and was in for murder. He was pardoned by Texas Governor Pat Neff from a thirty-year sentence, something that was unheard of in Texas and from the very conservative Neff, but it is said, he sang a song of why he should be released that so affected the warden, and then Neff, that they released him. Leadbelly was one of my father’s favorite folksingers, that he played all the time, and my first memories of my father are listening to this music in the forties. I remember sitting on his knee, perhaps the earliest recollection of my father, whom I miss more and more as each year goes by.
http://www.nashvillesongwritersfoundation.com/fame/ledbet.html
http://www.blueflamecafe.com/index.html
http://www.mala.bc.ca/~mcneil/cit/citlcleadbelly.htm
    1933 - The first savings and loan association established by the federal government was the First Federal Savings and Loan Association of Miami, Florida. The creation of savings and loan institutions had been authorized by the Home Owners Loan Act of June 13, 1933 to provide a convenient place for the investment of small and large sums and to lend money to local applicants for first mortgages.
    1935 – Television show creator Donald Bellisario’s birthday in Cokesburg, PA.  Among his successes: “JAG,” “Magnum, P.I.,” “NCIS.”
    1936 – Former Major Leaguer Frank “Hondo” Howard’s birthday, Columbus, OH.  Played most of his career for the LA Dodgers, Washington Senators and Texas Rangers and was National League Rookie of the Year in 1960.  At 6’8”, 275 Howard is among the biggest baseball players in history.  At his retirement, he held many records of the Senators/Rangers and his is among several statues outside Nationals Park in DC. 
    1937 – Actor Dustin Hoffman was born in Los Angeles.  His breakthrough was in a 1967 film role as Benjamin Braddock, the title character in “The Graduate”.  His most notable films include “Midnight Cowboy,” “Little Big Man,” “Straw Dog,” “Papillon,” “Lenny,” “Marathon Man,” “All the President’s Men,” “Kramer vs. Krame,” “Tootsie,” “Rain Man,” “Hook” and “Wag the Dog.”  Hoffman has been nominated for seven Oscars, winning two (for “Kramer vs. Kramer” and “Rain Man”), thirteen Golden Globes, winning six (including an honorary one) and has won an Emmy Award. Hoffman received the AFI Life Achievement Award in 1999, and the Kennedy Center Honors in 2012.
    1938 – Actress-singer Connie Stevens’ birthday, born Concetta Rosalie Ann Ingoglia in Brooklyn.  She played Cricket Blake in the popular television detective series “Hawaiian Eye” (1959-63), a role that made her famous and led to roles in several minor films.  She also appeared on the series, “77 Sunset Strip” which led to the hit novelty song "Kookie, Kookie, Lend Me Your Comb" (1959), a duet with one of the stars of the program, Edd “Kookie” Byrnes, that reached #4 on the Billboard Hot 100.  Her biggest hit as a solo artist was “Sixteen Reasons” (1960) that reached #3 on the Billboard Hot 100.
    1941 - Les Brown and His Band of Renown paid tribute to baseball’s ‘Yankee Clipper’, Joe DiMaggio of the New York Yankees, with the recording of "Joltin’ Joe DiMaggio" on Okeh Records. From that time on, DiMaggio adopted the nickname, Joltin’ Joe. 
http://www.youtube.com/watch?v=1q6odQuCxFU
    1942 - The invasion of Guadalcanal continues as the remainder of the first wave of American troops come ashore.  Advancing rapidly inland, they capture the Japanese airstrip intact, renaming it Henderson Field. The missions on Tulagi and Gavutu are completed and the islands captured. Due to Japanese air and submarine attacks, Admiral Fletcher decides to withdraw his carriers, leaving the cruisers and transports near the island. This action is probably a mistake.
    1942 - US President Roosevelt and British Prime Minister Churchill approve the appointment of American General Eisenhower to command Operation Torch, the proposed Allied invasion of North Africa.
    1942 - During World War II, six German saboteurs who secretly entered the United States on a mission to attack its civil infrastructure are executed by the United States for spying. Two other saboteurs disclosed the plot to the FBI and aided U.S. authorities in their manhunt for their collaborators, were imprisoned. The Nazis hoped that sabotage teams would be able to slip into America at the rate of one or two every six weeks. The quick capture ended their plans.
    1943 - Following the American break out from Normandy in July, 1944, the Germans decided that the only way to stop the Allied advance and push them back to the sea was to launch a massive attack in the Avranches region, about 150 miles west of Paris. To do this, they moved tanks and men of the XLVII Panzer Corps into place and opened their operation on August 7th. Their main thrust, led by the 2nd SS Panzer Division, was to cut the American line between Normandy and Brittany, forcing the two groups to fall back on different beach areas, possibly compelling at least one group to withdraw. But almost immediately, the Germans were blocked by determined resistance. On Hill 317, near the village of Mortain, their advance was stopped by 700 men of North Carolina’s 2nd Battalion, 120th Infantry, 30th Infantry Division (which also included Guard units from SC and TN). Firing at almost point-blank range, their one anti-tank gun and numerous anti-tank rockets (fired from ‘bazooka’s’), the Guardsmen destroyed 40 vehicles including several heavy battle tanks. The Germans bypassed the hill leaving it surrounded. They launched repeated assaults to capture it but these were beaten back with artillery support from the Guard’s 35th Infantry Division (KS, MO, NE) and RAF air strikes on the German positions. After five days of being cut off and with the loss of nearly 300 men, the 2nd Battalion was rescued by elements of the 35th Division. For its determined and stubborn resistance in blocking the enemy advance, the 2d Battalion and 120th Infantry were awarded the Presidential Unit Citation.
    1944 – Smokey Bear was created, named after New York City fireman Smokey Joe Martin, who suffered burns and blindness during a bold 1922 rescue.  An advertising campaign featuring Smokey was created in 1944.  The campaign was expanded with a new slogan, "Remember... Only YOU Can Prevent Forest Fires", created in 1947 by The Ad Council. According to the Ad Council, Smokey Bear and his message are recognized by 95% of adults and 77% of children.
    1945 – President Harry Truman signs the UN charter.
    1946 - First flight of the Convair B-36, the world's first mass-produced nuclear weapon delivery vehicle.
    1951 - Birthday of Randy Shilts (d. 1994), at Davenport, IA.  Journalist known for his reporting on the AIDS epidemic.  One of the first openly homosexual journalists to work for a mainstream newspaper and the author of “And the Band Played On: Politics, People and the AIDS Epidemic.”
    1951 - Top Hits
“Too Young” - Nat King Cole
“Mister and Mississippi” - Patti Page
“Because of You” - Tony Bennett
“I Wanna Play House with You” - Eddy Arnold
    1952 – Howard Stern’s sidekick, Robin Quivers’ birthday, Pikesville, MD.
    1953 – “Happy Days” co-star Donnie Most, who played Richie’s friend Ralph Malph was born in Brooklyn.
    1953 - Les Paul and Mary Ford's "Vaya Con Dios (May God Be with You)" hits #1
    1958 – Television journalist Deborah Norville’s birthday, Dalton, GA.  News anchor, “Today Show” successor to Jane Pauley, “Inside Edition”.
    1959 - Top Hits
“Lonely Boy” - Paul Anka
“A Big Hunk o’ Love” - Elvis Presley
“My Heart is an Open Book” - Carl Dobkins, Jr.
“Waterloo” - Stonewall Jackson
    1960 - 16-year-old Bryan Hyland's novelty tune, "Itsy Bitsy, Teenie Weenie, Yellow Polka Dot Bikini" topped the Billboard Hot 100 and the Cash Box Best Sellers list. Songwriter Paul Vance said he got the inspiration for the song when he saw his two-year-old daughter at the beach in a tiny little swimsuit.
    1960 - British Decca destroyed 25,000 copies of Ray Peterson's death-rock song, "Tell Laura I Love Her." The company refused to release a song which it said was "too tasteless and vulgar for the English sensibility." A rival firm, however, had no such compunction, recording a cover version by a singer named Ricky Valance, which went to number one on the British chart. In the US, Ray Peterson's recording of "Tell Laura I Love Her" reached number seven on the Billboard pop chart. 
    1961 - Hamilton Tigercats of the Canadian Football League beat Buffalo Bills of the NFL 38-21 in Hamilton, Ontario.
    1961 - Britain's Lonnie Donegan has his biggest hit in the US when the novelty tune "Does You're Chewing Gum Lose Its Flavour on the Bedpost Overnight" reaches number 5.
    1962 - A polio scare brought a decree from health authorities to do a mass immunization of all residents. According to a spokesperson from the Medical Society, “The Sabin vaccine gives immunity to polio, whereas the Salk vaccine prevents paralytic polio.” They decided that the Sabin vaccine was the best, since it is given orally, not like the Salk vaccine which has to be injected.
    1964 - "House of the Rising Sun" by The Animals is released in America. Although the band would put 14 songs in the Top 40, this will be their only US number one.
    1967 - Top Hits
“Light My Fire” - The Doors
“All You Need is Love” - The Beatles
“A Whiter Shade of Pale” - Procol Harum
“I’ll Never Find Another You” - Sonny James
    1968 - Race riot in Miami Florida.
    1969 - Photographer Iain MacMillan shoots the cover for what would be the Beatles' last recorded album, Abbey Road, just outside the studios of the same name where the band recorded most of its classic songs. The photo, which merely shows the band crossing the street while walking away from the studio, has become iconic in its own right, and provides "Paul Is Dead" enthusiasts with several erroneous "clues" to his "death," including the fact that Paul is barefoot. (Supposedly this represents a corpse, but McCartney has stated that it was simply a hot day.) The shoot, which lasts ten minutes, produces six shots, from which Paul picks the cover.
    1970 - New York Yankees honor Casey Stengel, retiring his number 37, a mere ten years after they fired him for losing the 1960 World Series to the Pittsburgh Pirates.
    1970 – Credence Clearwater Revival's "Looking Out My Back Door" is released.
    1970 - Janis Joplin bought a tombstone for blues singer Bessie Smith's unmarked grave in a Philadelphia cemetery. Less than two months later, Joplin herself was dead of a drug overdose. Smith had died following an auto accident in 1942 at the age of 37.
    1970 - Blood, Sweat & Tears' Blood Sweat & Tears 3 LP hits #1
    1970 - Canadian immigration officials turn back thousands of American fans on their way to the Strawberry Fields Rock Festival in Mosport, Ontario, on the grounds that they "failed to produce adequate monies to support themselves." 8,000 Americans made it there.
    1973 - Vice-President Spiro T Agnew brands them "damned lies" regarding reports he took kickbacks from government contracts in Maryland. He vowed not to resign; that he was innocent.  On October 10, 1973, Agnew was allowed to plead no contest to a single charge that he had failed to report $29,500 of income received in 1967, with the condition that he resign the office of Vice President.
    1974 - President Richard Nixon announced in a televised address that he would resign at noon the next day. Three days earlier he had released tape transcripts revealing he had impeded the Watergate investigation. Nixon told an audience he had made some wrong decisions, but that he was resigning because he no longer had enough support in Congress.
    1974 - Eric Clapton receives a gold record for "461 Ocean Boulevard." It's his comeback album and contains his Number One version of "I Shot the Sheriff." The album reaches the top of the charts.
    1974 - Roberta Flack received a gold record for the single, "Feel Like Makin’ Love." Flack, born in Asheville, NC and raised in Arlington, VA, was awarded a music scholarship to Howard University in Washington, DC -- at the age of 15. One of her classmates became a singing partner on several hit songs. Donny Hathaway joined Flack on "You’ve Got a Friend," "Where is the Love" and "The Closer I Get to You." She had 10 hits on the pop charts in the 1970s and 1980s. 
    1975 - Top Hits
“One of These Nights” - Eagles
“Jive Talkin’” - Bee Gees
“Please Mr. Please” - Olivia Newton-John
“Just Get Up and Close the Door” - Johnny Rodriguez
    1975 –Hank Williams, Jr. falls 500 feet down Ajax Mountain near Missoula, MT, exposing part of his brain and keeping him in and out of hospitals for the next two years. The resultant facial scars would inspire his trademark "hat, beard, and shades" look.  When he returned to performing months later, he had switched to a country-rock sound from the pure country style made famous by his father.
    1976 - In Philadelphia, ten thousand legionnaires who attended a convention at the Bellevue Stratford Hotel downtown were in a panic after the outbreak of a mystery disease among their ranks. Twenty-four persons died and 87 are ill. Doctors are completely baffled as to what virus or fungus could have caused this illness. Meanwhile, street names for the mystery diagnosis have arisen. It is dubbed Legionnaire’s disease, Philadelphia fever, or Veteran’s Virus.
    1976 - The Chicago White Sox made baseball sartorial history by donning shorts for a game against the Kansas City Royals. The Sox won, 5-2, but the shorts, a novelty thought up by owner Bill Veeck, lasted only a while.
    1981 – Tennis star Roger Federer born in Wollerau, Switzerland.  Ranked number one in the World in March 2010, many consider him the greatest tennis player of all time.
    1981 - Shiaway St. Pat, driven by Ray Remmen, won the Hambletonian, the most important race for three-year-old trotters, contested for the first time at the Meadowlands in New Jersey. 
    1983 - Top Hits
“Every Breath You Take” - The Police
“Sweet Dreams (Are Made of This)” - Eurythmics
“She Works Hard for the Money” - Donna Summer
“Your Love’s on the Line” - Earl Thomas Conley
    1984 - Carl Lewis won his third gold medal at the Los Angeles Olympics. He won the 200-meter sprint. At the same time, Greg Louganis received his first gold medal in diving in the springboard competition. 
    1986 - Singer David Crosby, sentenced to a five-year term for drug and weapons charges, was paroled from a prison in Huntsville, Texas after serving only five months. The convictions were overturned by a Texas appeals court in November 1987.  Crosby said when he was released that he had kicked a ten-year drug habit and wanted to resume his musical career. He gained fame with the Byrds in the late 1960's, then teamed with Stephen Stills, Graham Nash, and Neil Young.
    1987 - Less than three months after they go to No. 1 on Billboard's Hot 100 for the first time with "With or Without You," U2 return to the top of the chart with "I Still Haven't Found What I'm Looking For," the second single from "The Joshua Tree."  (A birthday present for the Edge.)
    1988 - The first night game of Chicago’s Wrigley Field was postponed by rain with the Cubs leading the Philadelphia Phillies 3-1, in the bottom of the fourth inning. The Phillies’ Phil Bradley led off the game with a home run, but in a postponed game, all statistics are washed out.
    1990 - Iraq annexes Kuwait. The US has been sending troops to Saudi Arabia and moving the US Navy into the Mediterranean Sea.
    1990 – Baseball’s all-time hits leader, Pete Rose, began his five-month prison term for income tax evasion.
    1991 - Top Hits
“(Everything I Do) I Do It for You” - Bryan Adams
“P.A.S.S.I.O.N.” - Rhythm Syndicate
“Summertime” - D.J. Jazzy Jeff & The Fresh Prince
“She’s in Love with the Boy” - Trisha Yearwood
    1992 - The Dream Team, a specially-assembled team of NBA all-stars, defeated Croatia, 117-85, to win the gold medal at the 1992 Summer Olympics in Barcelona. The Dream Team, coached by Chuck Daly, included Charles Barkley, Larry Bird, Clyde Drexler, Patrick Ewing, Magic Johnson, Michael Jordan, Christian Laettner, Karl Malone, Chris Mullin, Scottie Pippen, David Robinson and John Stockton.
    1994 - Janet Jackson tied Aretha Franklin for the most gold singles by a female artist - 14 - when "Any Time, Any Place" was certified as having sold more than 500,000 copies. 
    1995 - The Canadian stage production of Disney's "Beauty and the Beast" opened at the Princess of Wales Theatre in Toronto. At $17 million, it was the most expensive stage production in Canadian history.
    1997 – Mariners’ Randy Johnson strikes out 19 White Sox.
    1998 - The largest free jazz festival in the world, San Jose, California, draws 200,000 to hear Sandoval, Broadbent, Schuur, among many others.
    2000 - Confederate submarine “H.L. Hunley” is raised to the surface after 136 years on the ocean floor and 30 years after its discovery by undersea explorer E. Lee Spence.
    2000 -  In the bottom of the ninth, A's closer Jason Isringhausen throws just two pitches, and the Yankees go from losing 3-2 to winning 4-3. Bernie Williams and David Justice both hit home runs on the first pitch they see from the Oakland reliever.
    2007 - An EF2 tornado touches down in Kings County (Brooklyn) and Richmond County (Staten Island), the most powerful tornado in New York City to date and the first in Brooklyn since 1889.
    2011 - Standard & Poor's rating agency downgrades U.S. sovereign debt; the downgrade is the first in the history of the United States.
    2013 - The Pentagon will furlough 650,000 civilian employees without pay for six days this year after receiving warnings that mandatory budget cuts might idle defense workers for a longer period of time.
    2013 - President Barack Obama announces plans to pull out of a one-on-one meeting with Russian President Vladimir Putin next month; the meeting was set to occur before the September G-20 meeting in St. Petersburg, Russia.
    2014 - Race car driver Tony Stewart hit fellow driver Kevin Ward, Jr. with a vehicle on a sprint car track; Ward was walking on the track and was killed instantly.