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Los Angeles, CA

Require Great Plains & 5+ yrs of accounting exp.  CPA & exp. in equip. leasing are desired but not required.  Must have BA in accounting/finance field. Send resume to

About the Company : Jules & Associates, Inc. is at forefront of the equipment finance industry.  Founded in 1989, we have been ranked twice by Inc. Magazine as one of the fastest growing companies in the U.S.

Monday, February 11, 2008


Classified ads---Controller
    Parent of LEAF reports $6.4MM 1st Q Loss
        Cartoon---Cash Flow Problem
            GE Finance Unit to Hop the Pond
                Leasing Predictions from the UK
Randy Brook to receive "Leasing News
Person of the Year" at NVLA Convention
presented by Christopher Menkin, publisher
    Top Stories --- February 4-February 8
        Classified Ads---Help Wanted
Leasing 102 by Mr. Terry Winders, CLP
"Lease Closing Procedure"
    Mr. Terry Winders’ Poker Tables
        Fitch Affirms Two GreatAmerica Leasing R
Credit Crunch intensifying
    News Briefs---
        You May have Missed---
California Nuts Brief---
    Sports Briefs---
        "Gimme that Wine"
Calendar Events
    Snapple Real Facts
        Today's Top Event in History
    This Day in American History
Football Poem
        Daily Puzzle
News on Line---Internet Newspapers
Santa Cruz, California

######## surrounding the article denotes it is a “press release”


Classified ads---Controller

Boca Raton, FL
CPA w/ Sarbanes Oxley/ 15 years management exp. as CFO/ Controller/5 yrs w/ PWC Extensive exp providing accounting/ tax guidance for the equipment lease industry. Willing to relocate.

Chicago, IL
experienced in lease accounting, operations, management, and Sarbanes-Oxley. Seeking position with equipment lessor. Would consider contract assignments or relocating.

Southeastern, MI
Controller & Management experience w/ equip lessors &broker. MBA, CPA w/ extensive accounting, management, securitization experience with public and private companies. Willing to relocate.

West Palm Beach, FL
CPA/CFO/Controller/Due Diligence Officer/SOX Lead seeking position.

For a full listing of all “job wanted” ads, please go to:

To place a free “job wanted” ad here, please go to:



Parent of LEAF reports $6.4 million 1st Quarter Loss

Resource America announces its first quarter of fiscal 2008,reporting revenues of $50.7 million, operating income of $21.9 million, a loss from continuing operations and a net loss of $6.4 million.

It should be noted in their media release:

“LEAF has sold an interest of approximately 48% in this portfolio to its investment partnership and intends to sell the remaining assets by April 2008. Additionally, LEAF retained the NetBank management and origination teams in Columbia, South Carolina.”

It was also interesting to note the August 8, 2007 $280 million purchase of Pacific Capital Leasing was not mentioned in the media release. At press time, it was too late to inquire. Leasing News hopes to follow-up on a response this week.

There have been changes made recently in the various leasing entities that LEAF has acquired. These are not uncommon as readers can testify from entities acquired by American Express Business Leasing, GE, Sierra Cities, just to name a few. Various functions are consolidated or limited with the parent taking over such things as billing, buy rates, collection, communication, funding with new
procedures or rules, issuing checks as well as the timing of their issuance, hiring, and making the process not only more conforming with their system, but also cutting down on expenses by eliminating these one time local functions as well as making reductions in existing “middle-management.” While the companies were acquired for their niche marketplace, personality, if you will, but in the end, they are absorbed into the system. Many readers may remember US Leasing among others, absorbed into the GE way. The personality that made them successful as an “independent” is changed. Even when key management remains, they often become more a “figurehead.” They often remain more for “show” than running the show. Remember that old leasing adage: “The person with the gold makes the rules.”

In LEAF’s situation, Leasing News has also noticed more advertising for expansion of its other divisions, such as direct sales and vendor, as well as more corporate decisions in the management of its companies. LEAF following its parents lead, continuing its aggressive movement into the finance and leasing as it sees it part of their management approach to assets, making it a more efficient and profitable for its investors.
Kit Menkin, editor

Their press release states:

"After the end of the Company's first quarter of fiscal 2008, the global leveraged loan market experienced a severe and unprecedented shock resulting in a significant lack of liquidity in that market. In connection with this pricing dislocation, the Company decided to terminate its two remaining outstanding financial fund management warehouse credit facilities in the United States and Europe. The loan assets financed by these facilities were sold, resulting in a loss of $10.2 million, net of tax, in the quarter ended December 31, 2007. The Company's guarantees have been satisfied, its exposure to these credit facilities has been eliminated and approximately $143.1 million of leveraged loans and associated liabilities will no longer be consolidated on the Company's balance sheet as of March 31, 2008."

"Jonathan Cohen, President and CEO of the Company, commented, 'The economic environment, particularly the global financial markets, continues to be one of the most challenging ever, but we are encouraged by the substantial progress on (i) growing LEAF, our leasing asset manager; (ii) building our real estate platform through the continuation of its private fund asset management and also re-emphasizing our distressed real estate business, which includes building a larger platform in that area; and (iii) the management of our financial fund subsidiary and its products. We believe that opportunities to acquire quality assets in a distressed environment will continue to be available, and we have taken advantage of some of those opportunities already and are positioning the Company to take advantage of more of them. While we are unhappy about the losses from the closure of our corporate loan warehouse credit facilities, we note that we have been careful to cap our liability in these situations, and we will continue to make capital preservation and reduction of leverage our top priorities as we move forward."

“Assets under management increased to $17.9 billion at December 31, 2007 from $13.6 billion at December 31, 2006, an increase of $4.3 billion (31%).

“The following table details the Company's assets under management by operating segment:

At December 31,

2007 2006
-------------- --------------
Financial fund management $ 14.6 billion $ 11.8 billion
Commercial finance 1.7 billion 0.7 billion
Real estate 1.6 billion 1.1 billion
-------------- --------------
$ 17.9 billion $ 13.6 billion
========= ==============

“As of December 31, 2007, the Company had, on a consolidated basis, total borrowings outstanding of $1.05 billion. This amount includes $143.1 million relating to the warehouse facilities that have been terminated; $213.0 million of net liabilities consolidated under FIN 46 as to which the Company has no recourse; $257.6 million of non-recourse revolving credit facilities at LEAF; $355.2 million of non-recourse bridge loans at LEAF that financed its acquisition of the NetBank leasing portfolio (these bridge loans will be transferred to a partnership sponsored by LEAF with 48% of the risk having been transferred in February 2008 and the balance anticipated to be transferred in April 2008); $64.6 million of corporate level secured revolving debt; and $17.0 million of other debt, which is principally mortgage debt secured by properties owned by the Company's subsidiaries.

“Resource America, Inc. is a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the commercial finance, real estate and financial fund management sectors.

“Highlights for the First Fiscal Quarter Ended December 31, 2007 and Recent Developments

“-- On November 30, 2007, LEAF Financial Corporation ("LEAF") acquired the business of Dolphin Capital Corp., an equipment finance subsidiary of Lehman Brothers Bank. The total purchase price of $170.5 million included a portfolio of small ticket leases acquired directly by an investment partnership sponsored and managed by LEAF. In addition, LEAF has retained the Dolphin lease origination team in Moberly, Missouri.

“-- On November 7, 2007, LEAF acquired from the Federal Deposit Insurance Corporation (‘FDIC’) a $412.5 million portfolio, at a discount, comprised of over 10,000 leases and small business loans originated by NetBank Business Finance, the equipment leasing division of NetBank which was being operated in receivership by the FDIC. LEAF has sold an interest of approximately 48% in this portfolio to its investment partnership and intends to sell the remaining assets by April 2008. Additionally, LEAF retained the NetBank management and origination teams in Columbia, South

“-- In October 2007, Resource Real Estate commenced operations of its new wholly owned subsidiary, Resource Residential, a multi-family and commercial property management company based in Omaha, Nebraska. Resource Residential has completed the internalization of its property management operations by terminating its third party management contracts with seven management firms and currently employs 193 property management personnel, including 17 property management professionals formerly employed by America First Apartment Investors. As of January 2008, Resource Residential is the property manager of its entire portfolio of 34 multi-family properties
representing approximately 8,300 apartment units.

“-- Resource Real Estate increased its apartment units managed to 14,919 at December 31, 2007, an increase of 4,075 units (38%) from December 31, 2006.”

Full Resource America Press Release here:

Pacific Capital Leasing Purchase:





GE Finance Unit to Hop the Pond

There's no stopping the forces of globalization, but some are concerned that this iconic American company is moving so many high-paying jobs offshore.

by Stephen Taub

General Electric is moving the headquarters of its consumer and small business financial services unit from Connecticut to London.

A senior GE official told the Financial Times that the relocation of GE Money "is emblematic of the globalization” of its business. The unit racks up $25 billion in revenues per year.

advertisement After the relocation, two of GE's six divisions will be headquartered in Britain. The conglomerate's healthcare business has been based in the UK since GE bought Amersham in 2004.

In conjunction with the move, GE named William Cary president and CEO of GE Money, succeeding David Nissen, who is retiring.

Cary has headed GE Money Europe, Middle East and Africa, the largest group within GE Money, since February 2006. He is a 21-year GE veteran and has run several GE financial businesses, including GE Capital Vendor Financial Services. He also has served in two senior corporate financial positions for GE: vice president for financial planning and analysis and vice president of investor relations. He is a graduate of GE’s Financial Management Program.

The financial services unit ran into trouble last year, forcing GE to record $2 billion of write-downs for its Japanese consumer-lending unit and its U.S. subprime-lending unit, The Wall Street Journalnoted.

"GE's announcement is indicative of the dynamic and global nature of business today and the reality that corporations have the ability to locate their operations in the markets that best suit their needs," said Rep. Vito Fossella (R-NY), Chairman of the Capital Markets, Economic and Information Security Task Force under the House Republican Policy Committee. "GE has a long and storied history in the United States, and it should raise concern when a company of its stature moves its headquarters and many high-paying jobs to another country.

"GE's announcement should serve as a call to action for U.S. policymakers to improve the regulatory and legal environment here to ensure the United States maintains its position as the world’s financial center."

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Leasing Predictions from the United Kingdom

“The consequence could be even further tightening of the so-called 'Credit Crunch', impacting on the availability of funding for independent lessors and financiers. This could be either in the format of tighter credit criteria, with only quality underlying deals capable of being funded, or of a total withdrawal of funders from some markets. Some sectors will be more prone than others to such uncertainty in respect of the performance of portfolios."
Alan Leesmith, managing principal, London, U.K.

Full Leesmith Article:




Randy Brook to receive "Leasing News
Person of the Year" at NVLA Convention

presented by Christopher Menkin, publisher

From Dale Davis:

Dale Davis, President, Endeavor Financial Services
(photo: Leasing News achives)

"The National Vehicle Leasing Association is pleased to invite Leasing News to our 2008 Annual Conference. We would like to see the annual Leasing News award presentation continue for many years. We will make room in the schedule to have you present the award prior to a general session in order to maximize attendance.

"A staple of NVLA conferences has always been a legal and legislative update seminar. These are typically hosted by Cary Boyden (NVLA legal counsel) and Elaine Litwer (NVLA legislative consultant) and are very well attended seminars. I have discussed Mr. Brook’s FTC experience and the board would be thrilled to have Mr. Brook speak during this session. An outline of his topic is required.

"The brochure for the conference is located here:"

ale R. Davis
Endeavor Financial Services

Note: Dale is past president of NVLA. He also serves on the Leasing News Advisory Board.

Christopher “Kit” Menkin
(photo: Leasing News archives)

"We are glad to accept this honor in many ways," Christopher Menkin, editor/publisher said. "It is a great opportunity to introduce Leasing News to more readers, perhaps obtain more articles on vehicle leasing and finance; something we need to include more in our news editions.

“Personally it means a lot to me as I got my start as a vehicle leasing salesman for Courtesy Chevrolet in San Jose, California, cold calling on businesses. Then in my early days as a broker I did many motor homes for business purposes, garbage trucks (there were a lot of independents in those days), catering trucks (Wyss was very popular then), limousines, ambulances, and many luxury cars to business owners, new and used, selling for more than their blue book so banks wouldn’t consider financing them, even referred business to me. And rental yards and then to semiconductor and manufacturing equipment. Vehicle leasing and financing is always around, good times and bad times.

“Also looking forward to seeing some old friends as well as making new ones. Hope to see you there.”

June 11th - 14th, 2008
National Vehicle Leasing Association
Camelback Inn Resort
5402 East Lincoln Drive
Scottsdale, AZ 85253



Top Stories --- February 4-February 8

Here are the top ten stories most “opened” by readers last week:

(1) Leasing 102 by Mr. Terry Winders, CLP
“What is a True Lease?”

(2) Lease Police---January, 2008, Report

(3) Two Bulletin Board Complaints
Southwest Credit, San Antonio, TX

(4) Government Stimulus Bill—Leasing

(5) February 6, 2001--CPL closes Tilden Office

(6) Sales makes it Happen—by Adrian Miller
"How to Beat a Sales Slump"

(7) Reverse mortgages a growing concern

(8) Fed Says U.S. Banks Are Tightening Lending Standards

(9) Alliance commercial laundry equipment

(10) Don’t wait for the government!
Create your own Stimulus package!

by Scott Wheeler, CLP



Leasing Industry Help Wanted



Los Angeles, CA

Require Great Plains & 5+ yrs of accounting exp.  CPA & exp. in equip. leasing are desired but not required.  Must have BA in accounting/finance field. Send resume to

About the Company : Jules & Associates, Inc. is at forefront of the equipment finance industry.  Founded in 1989, we have been ranked twice by Inc. Magazine as one of the fastest growing companies in the U.S.

Lease Officer


SMALL TICKET LESSOR, providing superior service for 35+years Transactions- $10Kto $1MM, Seeks seasoned sales professionals To learn more: sandyspringbank.tms or contact Scott Wheeler at



Leasing 102

by Mr. Terry Winders, CLP

Lease Closing Procedure

What do you say to a lessee when they sign the lease? In other words what do you highlight about their obligations when you know they have not completely read the lease agreement? Do you just say thanks and beat a hasty retreat before they have a question to ask.

In today’s world of confusing lease agreements the courts are beginning to make you responsible to explain the nature of the lessee’s commitment prior to their placing a signature on the agreement “or” to protect yourself, read out loud the following statement placed just above the signature line and then ask them to initial it.

“Lessee acknowledges that it has received a copy of this document as executed by Lessee, with all blanks completed. Lessee acknowledges that it (a) has READ THIS DOCUMENT, HAS CAUSED THIS DOCUMENT TO BE EXAMINED BY LESSEE'S REPRESENTATIVES OR ADVISORS; (b) is thoroughly familiar with the transactions contemplated in this document; and (c) together with Lessee's representatives or advisors, if any, has had the opportunity to ask such questions of representatives of Lessor, and receive answers thereto, concerning the terms and conditions of the transactions contemplated in this document as Lessee deems necessary in connection with Lessee's decision to enter into the Lease, this Schedule, and any other schedules and/or supplements.”

Seriously, how do you close the signing of the lease? Do you
briefly go over the terms or just walk away?

Ignorance is a justifiable defense in court when a small business is unable to understand your agreement and the lessee thinks they have signed a fancy loan document. Plus we have had more than a few vendors and lease salespeople who have misrepresented the true meaning of a fair market value lease or the correct tax position of a bargain purchase option lease. There is a correct way to close a lease.

The things that need to be explained at closing are the non-cancelable clause, the insurance requirements, the requirement to maintain the equipment and return it in good shape, and the options at lease termination. I expect them to already know about making lease payments on time but in today’s world of changing grace periods the late charge issue needs to be explained if you have raised your late charge above the standard of 5% or have eliminated your grace period prior to assessing a late charge. Also if you have a 90 day notice period prior to termination you need to explain the consequences for failure to do so. These may seem like small issues but covering them upfront can most of the time eliminate harsh emotions from your lessee due to misunderstandings. It seems strange when the Lessor is a bank but that is where the most misunderstandings occur and where the lessee’s goodwill is most cherished.

You might also explain the billing procedure, invoicing or ACH and always obtain the name of the person that makes the payments to avoid sending the invoice to the wrong person and delaying payments. Also it is smart to send a completed copy of the lease documents to the lessee after the Lessor has signed them with a return receipt requested. Many times in court the lessee’s have complained that they never received a completed copy of the signed documents thereby questioning uncompleted blanks in their copies. A lessee should never, never, never be asked to sign lease documents with blanks not filled in. It makes the contract unenforceable.

Proper closing procedures are the most important training a leasing company can give its sales staff and the one most often ignored.

Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at or 502-327-8666.
He invites your questions and queries.

Previous #102 Columns:



Mr. Terry Winders’ Poker Tables

Terry’s hobby is not only playing poker, but building poker tables.
He built one for himself, and when his poker friends came over to play, they wanted him to build one. Now he builds them not only as a hobby, but a side-line business.

“They are all solid walnut except the Base board. They are therefore very heavy. I sell the plain ones for $2450, the one with a bumper all the way around for $2695 and the one with the red bumper and chip holders for $2995. The color of the bumpers and the color of the felt can be any color the person wants....The purchaser must pay for shipping....”


Chairs not included:

Bumper all around:

Chip holder and bumpers version

Get an audit or a CD or training or poker table
from Mr. Terry Winders, CLP:


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

Fitch Affirms Two GreatAmerica Leasing Receivables Transactions

CHICAGO---Fitch Ratings has affirmed the lease-backed notes for GreatAmerica Leasing Receivables 2004-1, LLC (GALR 2004-1) and GreatAmerica Leasing Receivables 2005-1, LLC (GALR 2005-1) as follows:

GALR 2004-1

--Class A-4 and B notes at 'AAA';

--Class C notes at 'A+'.

GALR 2005-1

--Class A-3 and A-4 notes at 'AAA';

--Class B notes at 'AA';

--Class C notes at 'A'.

In its review of the GALR 2004-1 and 2005-1 transactions, Fitch noted increasing levels of credit enhancement available to all classes of notes. The continued increase in credit enhancement is a result of solid portfolio performance. The collateral continues to perform within Fitch's expectations and the outstanding ratings are representative of current performance and enhancement levels. For GALR 2004-1, as of Jan. 22, 2008, 30+ day delinquencies equaled 2.24% and cumulative net losses were 1.78%. In addition, the transaction benefits from a reserve account ($2,468,240), over-collateralization ($2,563,419), and expected booked residual realizations. For GALR 2005-1, as of Jan. 22, 2008, 30+ day delinquencies equaled 2.35% and cumulative net losses were 2.01%. In addition, the transaction also benefits from a reserve account ($2,827,100), over-collateralization ($5,740,901), and expected booked residual realizations.


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

News Briefs----

Credit Crunch intensifying

Islamic Finance News names First Leasing Bank
‘Best Islamic Leasing Provider’ for 2007

Union leadership recommends new contract to writers

Investment firm urges Yahoo to take Microsoft offer

Polaroid shutting 2 Mass. facilities, laying off 150

Winehouse a presence from afar

Complete list of Grammy Winners:



You May have Missed---

Fed's Rate Cuts Bring No Relief For Consumers' Credit Card Bills



Sports Briefs----

Johnson on pole, Waltrip a surprising 2nd at Daytona

Peterson helps NFC roar back for Pro Bowl crown

Pebble Beach Pro-Am: Suddenly Lowery



California Nuts Briefs---

Foreclosures going for cut-rate prices



“Gimme that Wine”

Napa Wine Trailblazer Peter Newton Dies—Founded Sterling

Wine lovers: He's passionate about red, she's devoted to white - how to bridge the color divide

Yorkville Highlands' Meyer Family Cellars

Bracing for Barrel Shock

Wine Prices by vintage
US/International Wine Events
Winery Atlas
Leasing News Wine & Spirits Page
The London International Vintners Exchange (Liv-ex) is an electronic exchange for fine wine.



Calendar Events This Day

Cameroon: Youth Day
Public Holiday

Clean Out Your Computer Day

Don't Cry over Spilled Milk

Inventor's Day

Iran: Victory of Islamic Revolution
National holiday. Commemorates the revolution that overthrew the Shah in 1979.

Make A New Friend Day

National Peppermint Patty Day

National Shut-In visitation Day
Visit and entertain shut-ins.

Satisfied Staying Single Day
As Valentine’s Day approaches, some single folks would like to point out that they are quite content buying candy and flowers for no one but themselves.

Vasant Panchami

White Shirt day
Anniversary of UAW-GM agreement following 44 day sit-down strike at General Motor’s Flint, MI, factories in 1937. Blue-collar workers traditionally wear white shirts to work on this day, symbolic of workingman’s dignity won. Has been observed by proclamation at Flint, MI.

Saint feast Days



Fingerprints serve a function - they provide traction for the fingers to grasp things.



Today's Top Event in History

1899 - Perhaps the greatest of all arctic outbreaks commenced on this date. The temperature plunged to 61 degrees below zero in Montana. At the same time a "Great Eastern Blizzard" left a blanket of snow from Georgia to New Hampshire. The state of Virginia took the brunt of the storm, with snowfall totals averaging 30 to 40 inches .)


This Day in American History

    1671-Birthday of Hannah Callowhill Penn. was the second wife of William Penn; she effectively administered the Province of Pennsylvania for six years after her husband suffered a series of strokes and then for another eight years after her husband's death. She served as acting proprietor from 1712 until her death in 1726. She is one of the few individuals and the first woman who has been given the status of Honorary Citizen of the United States. It was given to her by Presidential Proclamation upon an Act of Congress (PL.98-516) by Ronald Reagan on November 28, 1984. When she came to America she had already been pregnant with their second of eight children when the couple embarked from England for their three month voyage. When William Penn died at age 73 July 30, 1718 his will gave full control of the colony and his fortune to Hannah Penn. William Penn's oldest son by his first marriage sought to set aside his father's will to obtain control of the colony. His suit was unsuccessful and Hannah Penn remained in charge until she died from a stroke at age 55.

    1751- The first hospital to open in the United States was the Pennsylvania Hospital, opened in Philadelphia, PA, through the efforts of Benjamin Franklin and Dr. Thomas Bond. A temporary hospital was erected in 1751 in a private house on High (now Market) Street before the permanent building opened on February 11, 1752. This was the first hospital to give free treatment to the poor and to offer humane treatment to the insane.
    1768 - Samuel Adams composes a letter to the other colonial governments outlining the steps taken in Massachusetts to oppose the Townshend Acts. The letter complains of "taxation without representation" and warns that the English may tamper with colonial governance to make it more independent of the colonies. Finally, the letter calls for united action by the colonies against the British government.
    1790 -- Pennsylvania Society of Friends petition Congress to emancipate slaves.
    1801- President elected by the House of Representatives. The House of Representatives started debating who would be president.. After the election of 1800, the electoral vote stood as follows: Thomas Jefferson 72, Aaron Burr 73, John Adams 65, Charles Cotesworht Pinckney 64, and John Jay 1. It was quite a debate, with Alexander Hamilton working behind the scenes to elected Thomas Jefferson. Hamilton detested Burr and his principals, whose dislike for each other led Aaron Burr to challenge him to a pistol duel on July 11, 1804. There were 35 ballots, all deadlocked as each state had one vote. On the 36th ballot, February 17, barely two weeks before a new president was to be inaugurated, Jefferson was elected President. Delaware and South Carolina cast blank ballots, with the result that the vote was 10 states for Jefferson and 4 for Burr. Aaron Burr was elected vice-president.
    1805 -- Sacajawea gives birth to Jean-Baptist Charbonneau while leading Lewis & Clark Expedition . Mother and son both were invaluable to the expedition. As hoped, Sacagawea's services as a translator played a pivotal role in securing horses from the Shoshone. Jean Baptiste's presence also proved unexpectedly useful by helping to convince the Indians the party encountered that their intentions were peaceful-no war party, the Indians reasoned, would bring along a mother and infant. When the Corps of Discovery returned east in 1805, Charbonneau, Sacagawea, and Jean Baptiste resumed the fur-trading life. Little is known of Sacagawea's subsequent fate, though a fur trader claimed she died of a "putrid fever" in 1812 at a Missouri River trading post. True to a promise he had made to Sacagawea during the expedition, Clark paid for Jean Baptiste's education at a St. Louis Catholic academy and became something of an adoptive father to the boy. A bright and charismatic young man, Jean Baptiste learned French, German, and Spanish, hunted with noblemen in the Black Forest of Germany, traveled in Africa, and returned to further explore the American West. He died in 1866 en route to the newly discovered gold fields of Montana.
    1808 - Judge Jesse Fell experimentally burned anthracite coal to keep his Wilkes-Barre, Pennsylvania home warm on this winter day. He showed how cleanly and cheaply the coal burned as heating fuel. As a result, that area of northeast Pennsylvania would become an important coal mining area for generations. Those who came to the area to work the coal mines were called ‘coal crackers’.
    1811- President Madison prohibits trade with Britain for 3rd time in 4 years. On June 1, 1812, he asked Congress to declare war. The young Nation was not prepared to fight; its forces took a severe trouncing. The British entered Washington and set fire to the White House and the Capitol. But a few notable naval and military victories, climaxed by Gen. Andrew Jackson's triumph at New Orleans, convinced Americans that the War of 1812 had been gloriously successful. An upsurge of nationalism resulted. The New England Federalists who had opposed the war--and who had even talked secession--were so thoroughly repudiated that Federalism disappeared as a national party.
    1812 - Massachusetts governor Elbridge Gerry signed a law changing the state's electoral boundaries to ensure a Republican majority. One grotesquely shaped new district, described as looking like a salamander, results in the coining of the word gerrymander. The move gave rise to the term "gerrymandering."
    1836-- Mount Holyoke Seminary, the first woman's college in the U.S. is chartered at South Hadley, Massachusetts.
    1847-Birthday of Thomas Edison, American inventive genius and holder of more than 1,200 patents ( including the incandescent electric lamp, phonograph, electric dynamo and key parts of many now-familiar devices such as the movie camera, telephone transmitter, etc. ) Edison said, “Genius is 1 percent inspiration and 99 percent perspiration.” His birthday is now widely observed as Inventor’s Day. Born at Milan, Oh, and died at Menlo Park, NJ. Oct. 18, 1931.
    1854-San Francisco Gas Company turned on first coal gas lamps tonight. The occasion was celebrated at a grand banquet at the Oriental Hotel. The gas illuminated 86 lamps and also the Metropolitan Theatre.
    1882-Birthday of Joe Jordan, piano player, songwriter, Cincinnati, OH
    1889-First Woman Episcopal Bishop. The presiding bishop of the Episcopal Church, Bishop Edmond L. Browning, consecrated the reverend Barbara Clementine Harris a bishop of the Episcopal Church.
    1899 -15ºF (-26ºC), Washington DC (district record)
    1899 -61ºF (-52ºC), Montana (record low)
    1890 - President Benjamin Harrison orders 11 million acres of Sioux Reservation territory open for settlement. This will eventually lead to a revitalization movement known as the "Ghost Dance" that sprang up among the Sioux Indians of the western plains. These rituals held that an Indian Spirit soon would destroy the whites and return stolen lands. Federal troops will confront a band of Sioux-a non-violent group who had left the reservation fearful of being caught up in the Indian awakening-at Wounded Knee in the Dakota badlands. In this last battle waged on December 29, 1890, the U.S. Army massacred 150 Sioux men, women, and children; only 25 soldiers were killed. With the battle of Wounded Knee and the final distribution of Indian lands, the frontier era of American history had finally passed.
    1899 - Perhaps the greatest of all arctic outbreaks commenced on this date. The temperature plunged to 61 degrees below zero in Montana. At the same time a "Great Eastern Blizzard" left a blanket of snow from Georgia to New Hampshire. The state of Virginia took the brunt of the storm, with snowfall totals averaging 30 to 40 inches.)
    1907-In a meeting in Washington, D.C., San Francisco Mayor Eugene Schmitz and school board members fails to reach an agreement with President Theodore Roosevelt over the city’s policy excluding Japanese children from public schools. Roosevelt has appealed to Schmitz to bring the anti-Japanese agitation to an end by rescinding the policy.
    1908-Birthday of Philip Dunne, American screenwriter and director Phillip Dunne, born at New York, NY. In 1947, he joined directors John Huston and William Wyler to found the Committee for the First Amendment which campaigned against the committee for the First Amendment, which campaigned against the “blacklisting” in Hollywood of anyone suspected of being a communist by the House Un-American Activities Committee. He was also a founder of the Screen Writers Guild. Dunne died June 2, 1992 at Malibu, CA.
    1910-Birthday of singer, guitarist, arranger John Mills, Jr.
(Mills Brothers ) Piqua, OH
    1911—Emma Goldman is arrested in New York for distributing information on family planning (birth control.)
    1913 -- IWW (Industrial Workers of the World) leads rubber strike in Akron, Ohio. The Akron Rubber Workers will do it again in 1936-37, at the General Tire Company of Akron, scene of the first sit-down strike in rubber. The first major strike, in 1913, represented an end of innocence. The action, which included workers from all of Akron's rubber shops, began after the introduction of machinery that made tires easier to build and resulted in lower piece rates for the workers. The strike was loosely directed by the Industrial Workers of the World, a radical group nicknamed the "Wobblies." It lasted more than five weeks. The workers made no gains -- they didn't even manage to shut down the rubber shops. The strike served chiefly to disillusion company executives.
    1914-Birthday of guitarist Josh White, Greenville, SC
(he was one of my late father’s favorite folksingers along with “Leadbelly” that I can remember his playing when I was very small,
maybe five years old.)
    1914-Birthday of song writer Matt Dennis
Wrote “Angel Eyes,” “Everything Happens to Me,” “Will You Still Be Mine?” 1960-Water Closet Incident: Jack Paar, then host of “The Tonight Show,” walked out of his late-night TV show on this date. The incident was prompted by NBC’s censoring of a slightly off-color “water closet” joke the previous night. After a meeting with the network officials, Paar agreed to return to the show on March 7.
    1916 -- Black feminist and civil-rights activist Flo Kennedy is born in Kansas City, Missouri. As a lawyer, Kennedy represented Billie Holiday, Charlie Parker and H. Rap Brown. In 1966, she founded the Media Workshop to confront racism in media and advertising. In 1972 she forms the Feminist Party and files an Internal Revenue Service complaint alleging that the Catholic Church violates tax-exempt requirements by spending money to influence political decisions. Kennedy describes herself (quote) "I'm just a loud-mouthed middle-aged colored lady . . .and a lot of people think I'm crazy. Maybe you do too, but I never stop to wonder why I'm not like other people. The mystery to me is why more people aren't like me." Died December 22,2000
    1918-Birthday of country music publisher Wesley Rose. Wesley and his father Fred are credited with demolishing the barriers between pop and country music by successfully selling the songs of Hank Williams in the pop market. When Williams wrote "Cold, Cold Heart," Wesley Rose traveled from Nashville to New York to try to sell the song. The only person who would listen to him was Mitch Miller, director of pop music at Columbia Records. Miller gave the song to an aspiring young singer named Tony Bennett. Bennett's 1951 recording of "Cold, Cold Heart" sold a million copies. Wesley Rose died on April 26th, 1990.
    1919 -- Seattle General Strike ends.
Harvey O'Connor's sympathetic Revolution in Seattle remains the best book on this event.

Another perspective: Howard Zinn's People's History of the U.S.
Seattle General Strike
    1935-Birthday of singer Gene Vincent, whose full name was Vincent Eugene Craddock, born in Norfolk, Virginia. He was signed by Capitol Records as an answer to Elvis Presley, and his career was launched in 1957 with "Be Bop a Lula." Vincent is supposed to have written the song after reading a Little Lulu comic book. He had only two major hits, then began drinking heavily. A comeback attempt in the late '60s failed, and Gene Vincent died of a bleeding ulcer in October 1971. He was only 36.
    1938-Larry Clinton Band with Bea Wain records “Martha.”
    1939-Birthday of pop songwriter Gerry Goffin was born in New York City. Goffin has been the lyricist for dozens of pop, rock and soul hits, many of them written with Carole King, his former wife. Among the hits the duo wrote were "The Locomotion" for Little Eva, "Up on the Roof" for the Drifters and "One Fine Day" for the Chiffons. A note for trivia buffs - Little Eva was Goffin and King's babysitter at the time of her hit, 1963.  
    1939 – Birthday of Jane Yolen, children's book author, born New York City.
    1940-Birthday of singer Bobby (Boris) Pickett, whose novelty "Monster Mash" was a number-one hit in 1962.
    1941-Birthday of Brazilian musician and singer Sergio Mendes.
    1944-Birthday of drummer Martin Drew, Northampton, England
    1945-Yalta Agreement singed: President Franklin D. Roosevelt, British Prime Minister Winston Churchill and Soviet leader Joseph Stalin signed an agreement at Yalta, a Soviet city of the Black Sea in the Crimea. The agreement contained plans for new blows at the heart of Germany and for occupying Germany at the
end of the war. It also called for a meeting in San Francisco to draft a charter for the United Nations.
    1946—Top Hits
Symphony - The Freddy Martin Orchestra (vocal: Clyde Rogers)
I Can’t Begin to Tell You - Bing Crosby with the Carmen Cavallaro Orchestra
Let It Snow - Vaughn Monroe
Guitar Polka - Al Dexter
    1948- U.S. Senate Chaplain Peter Marshall prayed: 'We ask Thee not for tasks more suited to our strength, but for strength more suited to our tasks.'
    1950-- "Rag Mop" by The Ames Brothers hit #1
    1953-Chris Connor, with the Stan Kenton Band, cuts “And the Bull Walked Around, Ole.”
    1954—Top Hits
Oh! My Pa-Pa - Eddie Fisher
Make Love to Me - Jo Stafford
Young-at-Heart - Frank Sinatra
Bimbo - Jim Reeves
    1956-Birthday of jazz violinist Didier Lockwood, Calais, France
    1958-The first African-American Woman hired as a flight attendant was Ruth Carol Taylor, a graduate nurse from Ithaca, NY, who made her first flight from Ithaca, New York City on Mohawk Airlines.
    1961- Robert C Weaver sworn in as Administrator of the Housing and Home Finance Agency with then highest federal post by a black
    1962—Birthday of Sheryl Crow - U.S. musician, singer, and songwriter/musician. Grammy Award- winning singer and songwriter known all-around musical expertise and for her edgy pop songs, such as "All I Wanna Do" (1993), " If It Makes You Happy" (1996) and "Strong Enough" (1996)..
    1962—Top Hits
Peppermint Twist - Joey Dee & The Starliters
Duke of Earl - Gene Chandler
Norman - Sue Thompson
Walk on By - Leroy Van Dyke
    1963-- the Beatles recorded all the tracks for their first album in one 12-hour session with producer George Martin at the EMI Abbey Road studios in London. Among the songs laid down were "I Saw Her Standing There," "Do You Want to Know a Secret" and "Twist and Shout."
    1963—“The French Chef” appeared on television with Julia Child demystifying French cooking and entertaining viewers on WGBH-TV, Boston, MA. While there were many other local cooking shows, including ZIV syndication, it was the start of PBW becoming popular with Julia Child leading as she filmed over 200 programs—always with her trademark trilling voice and at times slapping around the poultry---signing off with a cheery, “Bon appétit.” Child’s show, along with her book, “Mastering the Art of French Cook,” 1961( authored with Simone Beck and Louisette Bertholle) are credited with awakening Americans to the joy of continental cuisine.
    1964- - Fresh from their first appearance on CBS' Ed Sullivan Show, the Beatles leave for Washington, DC in a snow storm in order to give their first US live performance at the Washington Coliseum, with opening acts Tommy Roe, the Caravelles, and the Chiffons. Yet another press conference is given before the show. The performance -- "Roll Over Beethoven," "From Me to You," "I Saw Her Standing There," "This Boy," "All My Loving," "I Wanna Be Your Man," "Please Please Me," "Till There Was You," "She Loves You," "I Want to Hold Your Hand," "Twist and Shout," and "Long Tall Sally" -- is also filmed by CBS for closed-circuit broadcast; because of the stage setup, the band is forced to move its equipment three separate times in order to give everyone in the audience a chance to see them. Afterwards, the group head to a masked ball at the city's British Embassy and then back to their rooms at the Shoreham Hotel. During the party, an unidentified woman cuts off a lock of Ringo's hair without asking him. (Meanwhile, British PM Sir Alec Douglas-Home decides to cancel his trip to the ball for fear of being upstaged by the group.)
    1966 - Willie Mays became the highest-paid baseball player in both leagues when he signed a two-year contract with the San Francisco Giants for an estimated salary of $130,000 a year.
    1967-The Turtles' "Happy Together" is released.
    1967-- The Monkees' album More of the Monkees hits #11956-- For his third appearance on CBS' Dorsey Brothers Stage Show, Elvis Presley is finally permitted to perform "Heartbreak Hotel."
    1968 -Peggy Fleming wins Olympics figure skating gold medal, Grenoble, France.
    1968 - In New York, the new 20,000 seat Madison Square Garden officially opened, making it the fourth arena to be named Madison Square Garden. The arena for sports and entertainment opened with a gala hosted by Bob Hope and Bing Crosby.
    1969--*BENNETT, THOMAS W. Medal of Honor
Rank and organization: Corporal, U.S. Army, 2d Platoon, Company B, 1st Battalion, 14th Infantry. Place and date: Chu Pa Region, Pleiku Province, Republic of Vietnam, 9-11 February 1969. Entered service at: Fairmont, W. Va. Born: 7 April 1947, Morgantown, W. Va. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Cpl. Bennett distinguished himself while serving as a platoon medical aidman with the 2d Platoon, Company B, during a reconnaissance-in-force mission. On 9 February the platoon was moving to assist the 1st Platoon of Company D which had run into a North Vietnamese ambush when it became heavily engaged by the intense small arms, automatic weapons, mortar and rocket fire from a well fortified and numerically superior enemy unit. In the initial barrage of fire, 3 of the point members of the platoon fell wounded. Cpl. Bennett, with complete disregard for his safety, ran through the heavy fire to his fallen comrades, administered life-saving first aid under fire and then made repeated trips carrying the wounded men to positions of relative safety from which they would be medically evacuated from the battle position. Cpl. Bennett repeatedly braved the intense enemy fire moving across open areas to give aid and comfort to his wounded comrades. He valiantly exposed himself to the heavy fire in order to retrieve the bodies of several fallen personnel. Throughout the night and following day, Cpl. Bennett moved from position to position treating and comforting the several personnel who had suffered shrapnel and gunshot wounds. On 11 February, Company B again moved in an assault on the well fortified enemy positions and became heavily engaged with the numerically superior enemy force. Five members of the company fell wounded in the initial assault. Cpl. Bennett ran to their aid without regard to the heavy fire. He treated 1 wounded comrade and began running toward another seriously wounded man. Although the wounded man was located forward of the company position covered by heavy enemy grazing fire and Cpl. Bennett was warned that it was impossible to reach the position, he leaped forward with complete disregard for his safety to save his comrade's life. In attempting to save his fellow soldier, he was mortally wounded. Cpl. Bennett's undaunted concern for his comrades at the cost of his life above and beyond the call of duty are in keeping with the highest traditions of the military service and reflect great credit upon himself, his unit, and the U.S. Army.
    1970- 26.37 cm (10.38") of rainfall, Mt Washington NH (state 24-hour record)
    1970—Top Hits
Venus - The Shocking Blue
Thank You (Falettinme Be Mice Elf Again)/Everybody is a Star - Sly & The Family Stone
I’ll Never Fall in Love Again - Dionne Warwick
A Week in a Country Jail - Tom T. Hall
    1970 - "Variety" reported this day that Walt Disney had secretly taken its movie, "Song of the South", out of circulation back in 1958. Originally released in 1946, the live-action/animated flick featuring Brer Fox, Brer Rabbit, Brer Bear, Uncle Remus and kids, Johnny and Ginny, won an Academy Award in 1947 for the song, "Zip-A-Dee-Doo-Dah". James Baskett won an Oscar for his Uncle Remus role. "Variety" said "Song of the South" was pulled because of ...racist attitudes reflected in the Negro roles in the film.
    1975 - The movie, "Shampoo", opened. Warren Beatty, Julie Christie, Goldie Hawn, Jack Warden, Lee Grant (who won an Oscar for Best Supporting Actress), Tony Bill, William Castle and Howard Hesseman starred. And, making her film debut a year before "Star Wars" made her famous: Carrie Fisher.
    1977--Clifford Alexander Jr. becomes the first Black Secretary of the Army.
    1977- 20.2-kg lobster caught off Nova Scotia (heaviest known crustacean in this century. Settlers in the United States report catching 25lb lobsters off the coast of Maine and Massachusetts as “common.”) The first thanksgiving with the Indians was mainly fish and shellfish. Lobster was so common it was considered poor man’s food and served indentures servants until they rebelled that they did not want it more than three times a week.
    1978—Top Hits
Stayin’ Alive - Bee Gees
(Love Is) Thicker Than Water - Andy Gibb
Just the Way You Are - Billy Joel
I Just Wish You Were Someone I Love - Larry Gatlin with Brothers & Friends
    1979- "Elvis," a biography of the late singer, was shown on ABC television. The program won the largest share of the audience in competition with the blockbuster films "Gone With the Wind" and "One Flew Over the Cuckoo's Nest" shown on the other networks.
    1979 - Birthday of Brandy Norwood (Grammy Award-winning singer: The Boy Is Mine [w/Monica: 1999]; I Wanna Be Down, Baby, Best Friend, Brokenhearted, Sittin’ Up in My Room, Never S-A-Y Never, Top of the World, Have You Ever?, Almost Doesn’t Count, U Don’t Know Me (Like U Used To), What About Us?)
    1982 - ABC-TV’s presentation of "The Winds of War", the miniseries, came to an end. The 18-hour miniseries totaled $40 million in production costs, and, to that time, was the most-watched television program in history; topping another ABC presentation, Alex Haley’s "Roots". An estimated 140 million people watched one or more nights of the program.
    1983- the Rolling Stones documentary, "Let's Spend the Night Together," directed by Hal Ashby, opened in the US and Canada, amid one of the worst snow storms of New England States.
    1983 - The Middle Atlantic Coast States and southern New England were in the midst of a major snowstorm. In Pennsylvania, the storm produced 21 inches at Philadelphia, 24 inches at Harrisburg, and 25 inches at Allentown, establishing record 24 hour totals and single storm totals for those locations. New York City received 22 inches of snow, and 35 inches was reported at Glen Gary, located in the Blue Ridge Mountains of West Virginia. Windsor Locks CT received a record 19 inches of snow in 12 hours. The storm resulted in forty-six deaths, thirty-three of which occurred when a freighter capsized and sank off the Maryland/Virginia coast. Heavy snow was reported from northeastern Georgia to eastern Maine.
    1984-"Middle of the Road" by the Pretenders peaks at #19 on the pop chart. It was a track off their platinum album "Learning to Crawl."
    1985 - Kent Hrbek became the first Minnesota Twins player ever to sign a $1 million contract. As the Twins celebrated their 24th year as a franchise of the American League, the first baseman signed a five-year, $6-million pact.
    1986—Top Hits
That’s What Friends are For - Dionne & Friends
Burning Heart - Survivor
I’m Your Man - Wham!
Hurt - Juice Newton
    1986---The Chicago Bears' "Super Bowl Shuffle" is certified gold.
    1988 - Bitter cold air gripped the north central U.S. Morning lows of 35 degrees below zero at Aberdeen SD, Bismarck ND and International Falls MN were records for the date. Bemidji MN was, officially, the cold spot in the nation with a low of 39 degrees below zero, however, a reading of 42 degrees below zero was reported at Gettysburg SD. In the Northern High Plains Region, Baker MT warmed from 27 degrees below zero to 40 above.
    1989- The Rev. Barbara C. Harris, 55, of Boston, was confirmed as the first female bishop in the 450-year history of the Anglican Church. Harris has long advocated social change in the church and society. She's also a long-time member of the Union of Black Episcopalians, a group formed to promote the participation of blacks in the church and eradicate racism in society. ed.htm
    1989-U2's "Angel of Harlem" peaks at #14 on the pop chart. It was a track from their concert/ documentary LP "Rattle and Hum" which went to #1 for 6 weeks.
    1990 US male Figure Skating championship won by Todd Eldredge
    1995 US male Figure Skating championship won by Todd Eldredge
    2000-Space Milestone: Endeavor Mapping Mission. This manned flight spent 11 days in space creating a 3_d map of more than 70 percent of the Earth’s surface. It will be the most accurate and complete topographic map of the Earth ever produced.
    2001--Ann Bancroft (U.S.A.) and Liv Arnesen (Norway) completed their historic crossing of the Antarctica on foot - Historic Expedition



Winter Poem

Old Man Winter

by Nancy Hoback

Old man winter came in with a blast.
Oh, how I wish he or she
Were a thing of the past!

Every time I go to open my door -
Snow, sleet, wind, rush in
And they are predicting more!

We crawl under the covers
And hide our heads.
Like Rip Van Winkle, I want
To hibernate and stay in bed.

We can't go to Florida,
North Carolina, or to the Coast.
Us Northerner's are suffering
And we aren't warm as toast.

All the kids in the neighborhood
Are as happy as can be.
For, there isn't any school, you see.

They won't like it when June comes along.
With make up days for them,
They'll all be singing a different song.

They may be going to school
Until the fourth of July,
When the fireworks
Are lighting up the sky.

Furnaces running, water pipes
Freezing, and big gas bills, too.
How I wish winter was gone
And all the snow was through.

In February, will be anticipating to see
If the Groundhog comes out of his hole.
If he sees his shadow,
I'll give up and become a mole.

I'm going to bed and wait for
The weather report for tomorrow.
Right now, it's snowing and my heart
Is filled with regret and sorrow.

Old Man winter has my nose.
I'm cold from the top
Of my head, down to my toes.

Another day wasted,
But, I have no regrets.
I have my God, and my Brothers
And Sisters on the net.

© 2003




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