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Leasing News

www.leasingnews.org, Tuesday, January 6,2004

Accurate, fair and unbiased news for the equipment Leasing Industry

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

Headlines---

 

 

Correction: "Leasing industry is NOT 90% Thieves."

    Classified Ads---Jobs Wanted

        Cartoon-New GE Capital Sales Campaign

            Tuesday---Odds and Ends

                December Growth Continues, But Slower, says NACM

    Cyence International, Senour Designs Form Alliance

        Pasanen Joins Blackwell Consulting Services

            Dusch New LJN Equipment Leasing Newsletter Director

                Bill Clark/Phyllis Schrader FirstLease Promotions

    News Briefs----

        Sports Briefs---

            California News Briefs---

                "Gimme that Wine"

This Day in American History

 

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

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

 

Correction: “Leasing industry is NOT 90% Thieves.”

 

On December 24th, you published my comments regarding the Federal case against

EXCEL Investment Group. I mentioned the Federal Inspector by the name of Sal

Forash (should be spelled Farash).

 

I received a phone call from Inspector Farash this morning (1/5/04). He pointed

out several things I had written that were NOT CORRECT. First of all he NEVER

said that "the Leasing industry is 90% thieves". He said that statement NEVER

came from him. He also stated that Peter Gonzales, the President of EXCEL

Investment Group was NOT arrested and does not know where the lessee got that

information. And finally, he acknowledges that they are still doing an

investigation and that the U.S. Attorney's office has accepted the case and they

will be pushing ahead with prosecution, but they are just in the early stages.

 

There is no way they can get this case tried within 90 days or 6 months as the

lessee had stated. Inspector Farash said he wishes it was that easy, but it

takes lots of time and volumes of paperwork.

 

He is still encouraging folks to call him direct at (954) 436-7228 if you or your customers were victims of EXCEL Investment Group or Nations Capital Credit.

 

You can also email him at : sfarash@uspis.gov with your information.

 

Mr. Farash said that he had read the comments I posted on Leasing News and realizes that second hand information, even from my lessee, can be quite damaging. He asked me to publish this retraction which I agreed to wholeheartedly.

 

He never made any negative comments about the lease industry and does not know why the lessee would say that.

 

What Mr. Farash said he wants most is COOPERATION from victims.

 

I will corner my lessee today and advise him of the events that have transpired this morning as a result of the statements he made. I have also learned a valuable lesson and I

wish to take this opportunity to apologize to Mr. Farash for providing

inaccurate third party information to Leasing News.

 

Please publish this Retraction in your newsletter.

 

Rosanne Wilson, CLP President, 1st Independent Leasing, Inc.

Rosanne Wilson, President

1st Independent Leasing, Inc.

"Equipment Leasing Specialists"

(800) 926-0851

 

[Top]

Classified Ads---Jobs Wanted

 

 

Sales: Atlanta, GA. Equipment Finance/Tax Leasing professional, with 20+

years experience originating, structuring, and closing. Direct

& vendor development sales. Mid-market and Fortune 1000 - customers

throughout Southeast. Email: wmplumer@yahoo.com

 

Sales: Atlanta, GA. Consistent top performer, results oriented with outstanding

sourcing, structuring and negotiation skills. Direct& vendor development

sales. Mid-market and above - Customers throughout Southeast. Email:w.t.dent@comcast.net

 

Sales:Austin,Texas 24yrs exp.in equip leasing sales,

vendor/direct, leasing high-tech to rolling stock. HP12C/17B.

Small-Mid Ticket. Seeking Texas territory which can be covered from Austin home-base. Email:GeorgeMinchew@sbcglobal.net

 

Sales: Bakersfield, CA.

I have an extensive sales and management background in equipment

leasing. My work history exhibits my major strength in small ticket

equipment leasing. Email: pangress@msn.com

 

Sales: Central, NC.

7 yrs.equip leasing &finance; specialist in heavy construction

equip for 2-top-5-specialty finance/lease companies, NC &VA

territories. $10-15MM annual funding. Downsized in 2002, now independent

broker with varied customer base. Email: sunriseleasing@aol.com

 

Sales: Chicago, IL. 12+ yrs multinational/national sales & business development. Seeking role with captive lessor or global leasing company. Will relo right opportunity. Experience structuring complex transactions. Email: leasingismylife@yahoo.com

 

Sales: Denver CO.

Experienced Equipment Leasing Broker looking for a in house leasing company. Can bring a book of business with me or develop new territory where needed. Email: Steven@eagle2.net

 

Sales: Denver, CO.

17 yr sales exp.. in leasing sales (territory, National Accts, Sales mgt.) looking to bring experience to s sales/sales mgt role. Successful, accountable, ethical, aggressive, results. Email:lease442000@yahoo.com

   

Sales: Denver, OR.

Broker representative: Seek employment or partnership w/estab. finance group. Prior engineer making career change. Have pursued extensive self-education/ formal training.

Email: dbrown@thirdwavefinance.com

 

Sales: Detroit, MI. 16-year lease veteran looking for opportunity in the Detroit area. Ability to bring on new accounts and manage existing base. Up to 60% travel acceptable. Email:ebonbri@aol.com

 

Sales: Greensboro, N.C. Seeking direct & broker sales w/major finance companies in NC or southeast market. Small to mid-ticket range. Stable &family oriented. Will have series 6,63,65 license shortly. Email:kc1492@aol.com

 

Sales: Hartford, CT. 10+ yrs leasing sales exp.; multi-industry, small-large ticket, Direct, Vendor, and Captive exp. Seeking sales position with captive or independent company with equity investment capability. Email: bcurt95@aol.com

    

Sales: Jacksonville, FL.

Seasoned equipment leasing professional, with over 10 years of experience, looking for position in business development in Northern Florida territory. Email: rene.bradshaw@superig.com.br

 

Sales: Los Angeles, CA.

12+years Leasing sales, underwriting/contract exper. including hi-tech, govt, direct & vendor leasing. Seeking role w/institution or captive. Exper. w/ complex transactions, including securities. Possible relocation.

Email: rahlease04@hotmail.com

    

Sales: Louisville, KY

I have been in leasing/financing of construction, machine tool, and mfg equipment for 20+ years. Traveled KY, IN, OH and TN.

Email:kyle90@msn.com

 

Sales: Minneapolis, MN. 10+ yrs Equipment Leasing in Upper Midwest. Investment Grade Database. Previous vendor/small/middle market exp. Super Trump, 17B & account database exp. Email: golfadm@yahoo.com

 

Sales: Mission Viejo, CA

Account Sales Executive with 10 years of leasing experience looking for company to bring existing customer base.

Email:makelly21@hotmail.com

 

Sales: Orange County, CA.

Skilled deal-closer at above-average rates. Entrepreneurial. Accomplished lease-structurer specializing in transportation. Exp. in direct/captive & syndicator environments servicing vendors, brokers, & end-users.

Email:originator@sbcglobal.net

  

   

Sales: Philadelphia , PA Seeking an open opportunity to advance in the automotive, commercial leasing & finance industry......... Email: alexe362002@yahoo.com

 

Sales: Phoenix, AZ. 20-year veteran with multiple industry experience, solid closing skills, middle-market database, sourcing direct/vendors. Seeking direct/vendor/captive lessor with direct funding & equity infusion capabilities. Email: lease321@cox.net

  

Sales: Prairie Village, KS Have substantial deal flow and database of broker referral sources. Generated and closed over $22M LY. Seeking exclusive relationship w/direct founder. Email:fiergl@aol.com

 

Sales: Princeton, NJ: Regional Sales Manager: Last 15 years with captive. Knowledgeable in all aspects of leasing. Application to funding. Worked with 25 salespeople - east coast.

Email: denisregan@msn.com

    

Sales: St. Louis, MO

Proven equipment finance sales professional looking for a new challenge which rewards success. Equipment type and location open provided you want business. Email:amlifter@aol.com

  

  

Sales: San Bernardino, CA.

Account executive w/4 years exp. in small ticket &lower end middle market lease transactions, Outstanding ACT database compiled of over 500 vendors. Seeking a career driven position w/a reputable lessor

Email: moneytoloan@hotmail.com

 

Sales: San Francisco Bay Area, CA

10+ yrs in middle market leasing. Seek direct lessor only. Transaction size from $500M to $10.0MM. Client base: printing, food, retail, manufacturing. Email:edm173@sbcglobal.net

   

   

Sales: Stuart, Fl. 17 years exp. leasing in small ticket and large ticket, portfolio management exp. along with sales management and administrative background, strong sales and marketing skills.

Email: sales@rvcglobal.com

 

Sales: Tampa, FL. 27 years experience. Very adept in bank lease programs and direct sales in MM/LT. Looking to re-enter the industry. Will relocate to Texas. Hungry. Email: cwilliams@triit.com

 

 

Full Listing of all Jobs Wanted at:

 

http://64.125.68.90/LeasingNews/JobPostings.htm

[Top]

 

 

 

 

Cartoon—New GE Capital Sales Campaign

 

http://two.leasingnews.org/cartoons/lease_it.jpg

[Top]

 

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

 

Tuesday---Odds and Ends

 

What Happened to US Capital?

 

I was just wondering if you knew the present situation of US Capital.

Are they still in business or are they in bankruptcy?

 

If you can, I would really like to find as much information about US

Capital as I possibly can.

 

Happy Holidays!

Bill Perry

bdperry1@bankdirectatm.com

Telephone: (708) 372-8159

Fax:(240) 757-8830

Website: www.bankdirectatm.com

Romans 10:9

 

 

 

---

 

(Rumor has it that Ernie Reinhardt was in jail, starting trial January 6th.

We asked his attorney, Dean Steward, if this was true.)

 

“Thank you for asking, I appreciate it

 

“Not true- not in custody, and is staying with his father in law, a pastor in New jersey while we fight this...Ernie and I do start trial (today)- we WHOLEHEARTEDLY deny these allegation and plan to put on a powerful defense, including an expert in leasing. Government was set up by admitted fraudster Marc Washington from Baltimore, and we'll prove it.”

 

----

 

New Year's Resolution

 

Step forward in the New Year. Take the Challenge. Advance your career.

Register for and take the CLP Exam in 2004.

Become a Certified Lease Professional (CLP).

 

 

The CLP Foundation offers a Mentor Program to registered exam candidates. Visit -

http://www.clpfoundation.org/Departments/MentorProgram.htm

All Mentors are CLPs and have been where you are as a candidate. You may even take the exam anonymously.

Exam locations are available every month around the country. Visit - http://www.clpfoundation.org/Departments/ExamSites.htm

 

Make the CLP Exam part of your New Year's Resolution. You will be glad you did.

 

 

 

George J. Davis II, CLP

2003 President

CLP Foundation

 

PH: 610/687-0213

FAX: 610/687-4111

www.clpfoundation.org

Email: cindy@clpfoundation.org

 

 

 

---

EAEL January 15th Lunch, Atlanta, GA.

 

 

Ladies and Gentlemen:

Please check your calendar for January 15, 2004. The Atlanta Chapter of the

EAEL has reserved the Ansley Racquet Room for our first networking lunch of

2004. I hope to see you there.

<<...>>

Happy Holidays to you all.

Doug Welch

Hawk Financial Services, Inc.

6 Barksdale Dr

Atlanta, GA 30309

404-875-6904

404-455-9582 (c)

678-623-0253 fax

dwelch@hawkfin.com

 

---

Adrian Bulman Remembered

 

 

Kit, congrats on your article on Mr. Bulman. It’s nice to hear a good story

like that.

 

Tony Peck

 

http://www.leasingnews.org/#cron

 

Thank you for reprinting the industry analysis written by Adrian

Buhlman in December, 2000. It serves as a reminder of where we have

been as an industry over the past few years, and reinforces my belief

that Adrian was one of the true "professionals" in the small ticket

leasing industry. It is amazing to look back at his comments now three

years later and see how very insightful his analysis was.

 

Adrian was one of my best friends in this business. Reviewing his words

today makes me even more appreciative of our friendship and his wise

counsel. He is missed.

 

MARK H. SPEROS, Director

Broker Division

Landmark Financial Corporation

Englewood, CO

 

--

 

My name is Mike Brown from Atlanta. I have been meaning to write you to

have my 'job wanted' add removed as I have gone back to work in the banking

industry here in Atlanta. When I read your Adrian Bulman entry.......I just

sat for a minute and tears came to my eyes.

 

Adrian and I met in the early 80's. He always said I was the guy who got

him into the equipment leasing business. I had just been laid off by GE

because my unit was dissolved, and he had just quit Associates because he

was tired of arguing with his bosses (surprise or what?).

 

I was representing a small leasing company with an exec suite office, and he

had an office in same exec suite trying his hand at brokering car leases.

As leasing guys will always do, we decided that not only were we fast

friends.......but could do business with each other. Although we never

specifically shared offices, we did deals together until his untimely death.

We talked about kids (my youngest and his oldest were are about the same

age), wives (we both married red headed, tough negotiators), and of course

business.

 

Reading the report he gave you actually brought a smile. I moved from small

ticket into middle market and financial consulting early on, but he would

always call to tell me about some current fraud scam in the small

ticket/funding arena. He was famous for writing scathing

letters.........all in one long paragraph. It was great.

 

He was a wonderful friend.....a wonderful Christian who helped me work

through faith issues in very tough times that I had. I will never forget

him.

 

Happy New Year to all.....

 

Mike Brown

Atlanta, GA

 

--

Cronyism

 

I thought your reply about cronyism was a well founded reply. Cronyism is used in political appointments but it is also, based on, so my dictionary tells me, the Greek

"chronios" meaning "long continued" and used to mean "old friend." Who, at

our age, since we are same age, would not go to old friends whose opinions

we respect from past years of association?

 

The pins and pricks of constant caviling are difficult to tolerate on a daily basis but then you are a” public" figure, journalistically speaking, and you have no option but to

receive such comments. When some one speaks of "flavor" perhaps they would

be so kind as to quantify the flavor a bit since I don't understand such

innuendos of analysis. Such analysis leads to the well known "death by

innuendo" so often used by critics who have their own ax to grind and cannot

give meaning to their comments.

 

Keep up the interesting, and good, work.

 

Jerry Bernardy

Commonwealth Capital

 

(Thank you. Very well put. I think there is justification beyond the cronyism being a "friend."

 

You may have made a good point here. There has been a tendency to use the same people who often speak out, have an opinion, and are provocative.

 

I do think your comments are "valid" and despite my comments that I will

continue to quote my friends, particularly to those who give me "leads"

and "hot news" with and without attribution, I should be more selective and will try

to do so in 2004. I received hundreds of e-mails and am still going through

them about what readers like and don’t like. I hope to have an edition (at least one ) devoted to this.

 

I will be more aware of printing remarks from the same people over and over

again. Thank you for your input. editor )

 

--

 

I wish you a Merry Christmas !

and

 

A very Happy New Year !!!

 

Yours,

Christian Mateescu

(Secretary General of the Romanian Leasing

Association-

ASLR - www.aslr.ro ).

 

 

PS : I consider your Newsletter very valuable

(especially for someone like us, at an edge of

Europe..).

 

I am really sorry about your cat.....

 

(Yes, we have readers all over the world now, Australia, Africa...)

[Top]

 

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

 

December Growth Continues, But Slower, says NACM

 

NACM Credit Manager's Index (CMI) for December 2003: Growth Continues at a Slower Pace.

 

COLUMBIA, MD: --The National Association of Credit Management (NACM) has released its Credit Manager's Index (CMI) for December 2003. The CMI, a

monthly survey of the business economy from the standpoint of credit and collections, was launched in January 2003 to provide financial analysts with another strong economic

indicator.

 

The combined NACM Credit Manager's Index for December fell 6.6% to 54.2. While this is a significant decline, the positive factor to note is that the index is 410 basis points above its

reading of a year ago. Both sectors contributed to the decline, with the manufacturing sector contributing the most. The bottom line is that growth continues in the economy, albeit at a

slower pace.

 

The CMI survey asks credit managers to rate favorable and unfavorable factors in their monthly business cycle. Favorable factors include sales, new credit applications, dollar

collections and amount of credit extended. Unfavorable factors include rejections of credit applications, accounts placed for collections, dollar amounts of receivables beyond terms and

filings for bankruptcies.

 

A complete index including results from the manufacturing and service sectors, along with the methodology, is attached. To view the complete index online, go to

http://www.nacm.org/resource/press_release/pressDec03.html .

 

###

 

The National Association of Credit Management (NACM), headquartered in Columbia, Maryland supports more than 25,000 business credit and financial professionals worldwide with premier industry services, tools and information. NACM and its network of Affiliated Associations are the leading resource for credit and financial management information and education, delivering products and services which improve the management of business credit and accounts receivable. NACM's collective voice has influenced legislative results concerning commercial business and trade credit to our nation's policy makers for more than 100 years, and continues to play an active part in legislative issues pertaining to business

credit and corporate bankruptcy.

 

Contact: Norma Heim, NACM

410-423-1842

[Top]

 

 

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

 

Cyence International, Senour Designs Form Alliance

 

to Facilitate Leasing and Financing System Integrations

 

 

BURLINGTON, CANADA, -Cyence International, Inc., a leading

provider of Web services software for global financial collaboration,

has announced a strategic alliance with Senour Designs, Inc., of Koleen,

Indiana.

 

Senour Designs provides independent customized support for leasing and

financial institutions that are licensees of the IDS InfoLease* Lease

Accounting package, specializing in the development of external

interfaces linked to InfoLease*.

 

"This new alliance fits perfectly with our mission of providing a

world-class, front-end business origination system that integrates

easily with back-office accounting programs commonly used by equipment

leasing and finance institutions," said Greg McIntosh, the chief

operating officer of Cyence.

 

Along with custom programming, Senour Designs offers conversion support,

training, custom documentation, and data extraction services.

 

Senour Principal Steve Jones said the alliance will be highly useful to

organizations seeking seamless end-to-end processing of lease and loan

transactions.

 

"Joining forces with Cyence International will allow us to leverage our

17 years of InfoLease* knowledge to enhance the front-end conversion and

installation process for our clients," Jones said.

 

"Senour Designs will widen its potential customer base and expand its

opportunity to develop products and services through this alliance," he

added.

 

"We have worked with Cyence through installations of both of their

primary products-ExpressOS* and ExpressCS*. We have found these

products to be extremely versatile, and the carefully managed

implementation projects have been quite successful," Jones continued.

The alliance between the two companies stems from recent work they

completed together for Volvo Commercial Finance.

 

Jones has been providing quality software solutions to the leasing and

lending industry for 30 years. Senour Designs was formed in 1991 to

respond to the specific needs of new users in managing conversion to

InfoleaseR and to provide customized interface and reporting products.

For more information, visit, www.senourdesigns.com

<http://www.senourdesigns.com/>

 

About Cyence International:

 

 

Cyence International Inc. is a leading provider of Web Services software

solutions for the world's banking, manufacturing, and equipment finance

markets. Its flagship product, ExpressOST, imbeds industry best

practices and enables real-time, online collaboration in the end-to-end

finance process.

 

>From Origination to Credit Adjudication, Document Management to

Auditing, Funding, and Booking, the Cyence solution has everything

needed to streamline financial transactions and achieve operational

excellence. For more information, visit www.cyence.com.

 

Susan Carol Associates

Connections in Communications

15 years in business

www.scapr.com

 

(540) 659-0843

[Top]

 

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

 

Dusch New LJN Equipment Leasing Newsletter Director

 

"Ray Dusch, an attorney with Schulte Roth & Zabel LLP, in New York City, has been appointed to the Board of Editors of LJN's Equipment Leasing Newsletter.

 

This widely respected newsletter for the equipment leasing industry is published by Law Journal Newsletters, a division of American Lawyer Media. Ray has written numerous articles for ELN and several other equipment leasing publications over the last 23 years, and recently completed his three year tenure as a member of the Legal Committee of the Equipment Leasing Association of America."

 

 

Raymond W. Dusch, Esq.

Schulte Roth & Zabel LLP

919 Third Avenue

New York, NY 10022

 

Tel: 212-756-2386

Fax: 212-593-5955

E-Mail: raymond.dusch@srz.com

Website: www.srz.com

 

[Top]

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

 

Cheryl Pasanen Joins Blackwell Consulting Services as Leasing and Finance

Consultant

 

 

Blackwell Expands Global Equipment Leasing and Finance Practice with

Addition

 

CHICAGO - Blackwell Consulting Services announced today that it is expanding

its global equipment leasing and finance practice with the addition of

Cheryl Pasanen. Effective immediately, Pasanen, 40, has joined the company

as a senior consultant, a role in which she provides clients with direction

and assistance on a variety of systems and operational initiatives.

 

"Cherie is the rare type of resource that this group models and embraces,"

said Cameron Krueger, managing director of Blackwell's Equipment Leasing and

Finance Group. "She possesses a blend of operational experience, systems

knowledge and strategic thinking that adds to our thought leadership and

allows Blackwell to continue as the premier management consultancy for

equipment lessors. We are very fortunate to attract this caliber of

talent."

 

Pasanen joins Blackwell after holding the position of senior business

analyst for The CIT Group, Inc. A key member of the Systems & Technology

Services Group, she was responsible for a variety of systems and operational

initiatives involving the development, integration and implementation of

systems solutions. Prior to CIT, Pasanen was a senior business analyst for

the Business Integration Group at Newcourt Credit Group, and before that, a

team leader/portfolio manager for Lessor Capital Services.

 

"Blackwell is a global firm with a highly respected equipment leasing and

finance practice that offers the highest quality of strategic advice,

technology software selection, business process re-engineering, systems

integration and data migration," said Pasanen. "I look forward to leveraging

my expertise to further these offerings and increase Blackwell's

opportunities in the $204 billion equipment leasing and finance industry."

 

 

About Blackwell Consulting Services

 

Blackwell Consulting Services (Blackwell) is a full-service, full life-cycle

management and information technology consulting firm, serving the

government, education, insurance, equipment leasing and finance industries,

among others. Headquartered in Chicago, it is the largest minority-owned IT

consulting company in the Midwest. Blackwell is a privately held company

with more than 260 full-time consultants and technical professionals in the

U.S., with remote offices in Atlanta; Bloomington, Ill., Cincinnati,

Columbus, Ohio, Jackson, Miss. and Miami. For more information on the

company, please visit www.bcsinc.com <http://www.bcsinc.com/> .

[Top]

 

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

 

FIRSTLEASE, INC ANNOUNCES PROMOTIONS

 

FORT WASHINGTON, PA — Hugh W. Connelly, COO, is pleased to announce the promotion of Bill Clark to the position of National Sales Director and the promotion of Phyllis Schrader to Operations Supervisor.

 

In his position, Clark will be responsible for managing and growing the lease originations for FirstLease. His duties will include management of FirstLease’s national sales force, developing the sales management infrastructure, managing client relationships and overseeing direct marketing.

 

"Bill is a proven producer with a track record of success. His over 15 years of experience in business development, sales management and building lasting customer relationships lends itself nicely to his expanded role as Sales Manager," explains Hugh Connelly, chief operating officer of FirstLease. "It is these skills we look toward to aid us in growing our equipment leasing operation."

 

Clark received a B.S. in Marketing from Penn State University, State College, PA. He lives with his wife Eileen and 4 children in Newtown Square, PA

.

Connelly also announced the promotion of Phyllis Schrader. Schrader has been with FirstLease since its inception. Her expanded role will include oversight of the daily funding process and operations center along with the management of the staff, among other things.

“Phyllis’ organizational skills, attention to detail and overall understanding of the business make her a terrific fit for this new position,” commented Connelly.

Schrader is currently pursuing her Associates Degree at Montgomery County Community College. She lives in Burlington, NJ.

 

FirstLease (www.firstleaseonline.com) is a nationwide small ticket lessor headquartered in Ft. Washington, PA. Since its inception in 2001 it has grown to over $50 million in assets. In 2002, FirstLease acquired the assets of Hamilton National Leasing Corporation.   FirstLease is a wholly-owned subsidiary of Firstrust Bank. Firstrust entering its 70th year, is a privately-held, family-owned $2 billion bank with 23 community banking offices located throughout the Delaware Valley.   

 

http://www.firstleaseonline.com

CONTACT:

Hugh Connelly

FirstLease

Phone Number: 215-283-9727 ext. 210

Fax Number: 215-283-9870

E-mail: hugh@firstleaseonline.com

 

[Top]

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

 

 

News Briefs---

 

Tyco Jury Hears Of Ex-Chief's Bills

http://www.usatoday.com/money/industries/manufacturing/2004-01-06-tyco_x.htm

http://www.nytimes.com/2004/01/06/business/06tyco.html?pagewanted=all

 

Venture-backed IPOs hit highest quarterly level in three years

http://www.signonsandiego.com/news/business/20040105-1357-ca-venturecapital-ipos.html

 

Dollar hits new low against euro

http://www.boston.com/business/globe/articles/2004/01/06/dollar_hits_new_low_against_euro/

 

U.S. mortgage bonds climb, erase early losses

http://www.absnet.net/include/showfreearticle.asp?file=/headlines/2.htm

 

Construction Spending Sets Record

http://www.washingtonpost.com/wp-dyn/articles/A57785-2004Jan6.html

 

Nasdaq Posts Highest Close in 2 Years

http://www.washingtonpost.com/wp-dyn/articles/A57774-2004Jan6.html

[Top]

 

 

Sports Brief---

Green to Interview with Al Davis

http://view.atdmt.com/AVE/iview/knghtbre01200095
ave/direct/01/585515?click=

http://ad.doubleclick.net/click%3Bh=v2|308a|3|0|%
2a|b%3B6357538%3B0-0%3B0%3B7935811%3B1-468|60%3B358
6126|3604022|1%3B%3B%3f

 

[Top]

 

 

California Nuts Brief

 

Governor to speak on state of state economy

Schwarzenegger gets chance to do 'the extraordinary'

http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/01/06/GOV.TMP

[Top]

 

 

 

"Gimme tht Wine"

Two Prominent Napa Wineries Open to the Public

http://www.winespectator.com/Wine/Daily/News/0,1145,2300,00.html

 

Topping Off Wine in the Bottle

http://www.oregonlive.com/living/oregonian/index.ssf?/base/living/1072962249123070.xml

 

Wine Events by State and Country

http://www.localwineevents.com/

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This Day in American History

 

Epiphany or Twelfth Day. Known also as “Old Christmas Day” and “Welfthtide.” On the twelfth day after Christmas, Christians celebrate the visit of the Magi, the first Gentile recognition of Christ. Epiphany of our Lord, one of the oldest Christian feasts, is observed in Romand Catholic churches in the US on a Sunday between January 2 and 8th. Theophany of the Eastern Orthodox Church is observed in churches using the Gregorian calendar ( January 19 in those churches using the Julian calendar.) The feast day celebrates the manifestations of the divinity of Jesus at the time of his baptism in the Jordan River by John the Baptist. This was a major holiday in the colonies.

    548- This was the last year the Church in Jerusalem observed the birth of Jesus on this date. (Celebrating Christmas on December 25th began in the late 300s in the Western Church.) The tradition was recognized in early American settlements.

    1494- The first mass in America was celebrated in the Roman Catholic church on Isabella Island in Haiti. This was the first church established in the New World, founded by Christopher Columbus.

    1639-The Virginia General Assembly ordered destruction of crop surplus: “ Tobacco by reason of excessive quantities made, being so low that the planters could not subsist by it or be enabled to raise more staple commodities or pay their debts, enacted the tobacco of that year be viewed by sworn viewers and the rotten and unmerchantable and half the good to be burned, so the whole quantity made would come to 1,500,000 pounds without stripping and smoothing.” Tobacco was a very important crop to export to Europe and this is the first evidence of control of price by destroying crop to bring up the price.

    1759 -George Washington marries Martha Dandridge Curtis

http://www.whitehouse.gov/history/firstladies/mw1.html

http://gi.grolier.com/presidents/aae/first/01pw.html

http://home.xnet.com/~karens/Bryan/Goodge/MarthaWashington.html

    1798-Birthday of Jedediah Strong Smith, one of America's greatest trapper-explorers, born Bainbridge, New York. Smith explored a stunningly large area of the Far West during his short life. He began his western voyages in 1822, when he joined the pioneering fur trader William Ashley on a trip up the Missouri River. Unlike earlier fur traders, who depended on Native Americans to actually trap or hunt the furs, Ashley eliminated the Indians as middlemen and instead sent out independent Anglo trappers like Smith to do the job. To escape dependence on Indians, though, Ashley needed to find his own sources of beaver and otter in the West, and Smith became one of his best explorers. A year after his first trip up the Missouri, Smith set out with a small band of mountain men to explore the Black Hills region of the Dakotas at Ashley's behest. Despite being mauled by a grizzly bear in the Black Hills, Smith continued westward to the site of modern-day Dubois, Wyoming, where he and his men camped for the winter. During his long forced halt at Dubois, Smith learned from friendly Crow Indians of an easy pass through the Rocky Mountains. The following spring, Smith and his men followed the route outlined by the Crow and discovered that they could cross the mighty Rockies almost effortlessly. Later named the "South Pass," Smith's new route was a high plain that gradually rose like a shallow ramp to provide an easy crossing of the Continental Divide. Smith's discovery of South Pass was actually a "rediscovery," since employees of John Jacob Astor's Pacific Fur Company crossed the pass in 1812 when returning to St. Louis from the Pacific. The Astorian discovery, though, remained unknown, so Smith is credited for alerting the nation to the existence of this easy route across the Rockies.

Smith's discovery of South Pass was monumentally important. Not only did his fellow fur trappers prefer South Pass to the far more difficult and dangerous Missouri River route blazed by Lewis and Clark in 1804, but the South Pass became an early 19th century "super-highway" for settlers bound for Oregon and California. Ideally suited for heavy wagon traffic, South Pass greatly facilitated the mass emigration of Americans to the Far West. The blazing of the South Pass route alone would have secured Smith's claim as one of the great explorers of the American West, but during the following decade, Smith also explored the Great Salt Lake, the Colorado Plateau, and led the first expedition to cross the Southwest to California-all before he was 30 years old. Having lived through dozens of narrow escapes on his intrepid journeys, Smith decided to retire from his dangerous trade in 1830 and enter the mercantile business. Ironically, being a trader proved more deadly than exploring: while leading a trading caravan along the Santa Fe Trail in 1831, Smith was killed by Comanche Indians near the Cimarron River. He was 32 years old. http://www.xmission.com/~drudy/mtman/html/jed.html

http://www.geocities.com/cott1388/jedediah.html http://www.mtdemocrat.com/columist/hughey21.shtml

    1827-Birthday of Confederate General John Calvin Brown, born in Giles City, Tennessee. Brown served in the Army of Tennessee during the war, was wounded three times, and captured once. Brown was a prominent attorney in Pulaski, Tennessee, prior to the war. He opposed secession and was an elector for the Constitutional Union Party during the election of 1860; the Constitutional Union Party nominated John Bell for president and tried to steer a middle road between North and South. When Tennessee seceded in April 1861, Brown enlisted as a private in the Confederate Army. His time as an enlisted man was brief, however, as he was made a colonel in the 3rd Tennessee within a month. Brown's unit was stationed at Fort Donelson on the Cumberland River when it was captured by General Ulysses S. Grant in February 1862. Brown was a prisoner for six months. After he was exchanged, he was promoted to brigadier general and was wounded at the Battle of Perryville in October 1862. He recovered in time to fight at Stones River two months later, but he was wounded again at Chickamauga in September 1863. He was back at his post for the siege of Chattanooga in October and November 1863. Brown served the next year with the army through the Atlanta campaign, and he was part of the General John Bell Hood force that invaded Tennessee that fall. Brown was wounded for a third time at the Battle of Franklin on November 30. This battle was a disaster for the Confederates, as five other Rebel generals were wounded and six more killed during the engagement. Brown recovered in time to join General Joseph Johnston's surviving force as it surrendered to General William T. Sherman in North Carolina at the end of the war. After the war, Brown served two terms as governor of Tennessee and was a railroad president. He died in 1889 at Boiling Springs, Tennessee. http://the_confederatescsa.tripod.com/CSA-032.html

http://members.aol.com/jweaver303/tn/brownjc.htm

    1832 -New England Anti-Slavery Society organizes (Boston)

http://www.louisville.edu/a-s/english/subcultures/colors/pink/hmtatu01/tatutext3.html

    1838- Samuel Morse demonstrated his telegraph system for the first time at the Speedwell Iron Works in Morristown, New Jersey. Morse, a portrait artist and art teacher at New York University, also had a keen interest in electricity. Returning from an art study trip to Europe, Morse overheard a conversation that inspired him to create an electric telegraph. He spent several years developing his prototype, which he demonstrated for the first time in 1838. Morse tried to persuade Congress to back a national telegraph line, but he had a long battle ahead of him: Congress did not grant him financial support until 1844 for the construction of the nation's first telegraph line, from Baltimore to Washington.

    1861 -- New York City mayor proposes New York become a free city, trading with North & South during the Civil War.

    1864- Abraham Lincoln appointed Ohio Senator Salmon P. Chase chief justice of the United States, a strong advocate of African-American rights.

( lower half of: http://memory.loc.gov/ammem/today/dec06.htm http://www.abbess.demon.co.uk/brubeck/discog/ l
    1864 -- U.S. Army captures 11,000 Navajos, later force-marching them 300 miles to Fort Sumner, New Mexico, killing two thousands, according to Bureau of Indian Affairs records. Two Hundred died in the march to Fort Sumner. Thousands more died of starvation after the army burned all Navajo crops and orchards under the direction of Colonel Christopher “Kit” Carson. He left the

service after performing this assignment and moved to California.

http://www.logoi.com/notes/long_walk.html

http://www.dtic.mil/armylink/news/Jul1997/a19970714badblood.html

http://www.nps.gov/nava/nav.htm
http://www.viewzone.com/day3w.html

http://www.lapahie.com/Dine_Treaty.cfm

    1878-Birthday of Carl Sandburg, poet, biographer of Lincoln, historian and folklorist, born at Galesburg, IL. Died at Flat Rock, NC, July 22, 1967.

http://alexia.lis.uiuc.edu/~rmrober/sandburg/home.htm

http://www.kirjasto.sci.fi/sandburg.htm

1880-Birthday of Tom Mix, American motion picture actor, especially remembered for western cowboy films. Born at Mix Run(Driftwood), PA. Died near Florence ,AZ, Oct. 12, 1940.

http://www.ok-history.mus.ok.us/mus-sites/masnum31.htm

http://www.roadsideamerica.com/set/CELtommix.html

    1880 -- Record snow in Seattle -- 47 inches.

    1883-Birthday of Kahil Gibran, Lebanese-American poet (The Prophet) and art, born at Bsherri, Lebanon, he died October 10, 1931 at New York City.

http://leb.net/gibran/

http://hallworldliterature.com/world_literature/1645.shtml

http://www.llorens.com/Kahlil_Gibran/gibtable.htm

    1885-The first state legislator who was African-American to represent a constituency with a white majority was Bishop Benjamin William Arnett of the African Methodist Episcopal Church, Greene County, OH, who served in the lower house of the Ohio state Legislature from 1885 to 1887. He served in the 66th session, which convened this day in 1885, and the 67th, which convened on January 4, 1886 and adjourned on May 19,1886.
http://docsouth.unc.edu/church/tgm/img_result.phtml?tgm=
Arnett,%20Benjamin%20William,%201838-1906
.

    1895 -- Hawaii: Former Hawaiian Queen Liliuokalani is arrested after a failed coup against the "republican" government of the islands.

http://www.uic.edu/depts/owa/history/liliuokalani.html
http://www.interlog.com/~gilgames/liliuo.htm http://digital.library.upenn.edu/women/liliuokalani/hawaii/hawaii-5.html#XLIII

    1896- With the nation's gold reserves standing at perilously low levels--the reserves had dwindled to a scant $41 million the previous February--President Grover Cleveland issued a public subscription on this day in 1896. However, the success of the subscription hinged on the public's willingness to place its faith in the government, no small matter since a number of Americans had lost their patience with Cleveland during the gold crisis. Indeed, early in 1895, Cleveland had brokered a deal to sell $62 million at a relatively small premium to J.P Morgan's syndicate. The maneuver outraged the country, as a number of people accused the president of being a bedfellow of the banking community. However, the nation looked past its anger and snapped up the entire run of the subscription, which helped resuscitate the country's ailing finances. It is said that JP Morgan at the turn of the century controlled “money” in both Europe and the

United States and was the richest man of all time. The power behind the “throne” was a young lady who many thought was of “Philippine” descent but was an African-American.

http://www.cyberhaven.com/WallStreetBooks/morgan.html

http://abcnews.go.com/sections/business/DailyNews/jpmorgan_bookchat990428.html

    1906-Birthday of Trumpeter Bobby Stark, born NYC

http://www.jazzvalley.com/musician/bobby.stark/section=performed_themes

    1907- Emma Goldman was arrested by the New York City Police while delivering the same lecture she had successfully presented the previous month; charged with publicly expressing "incendiary sentiments." Alexander Berkman & two others also arrested. Police evidence presented before the New York City magistrate's court on the 11th; case later dismissed.
http://www.graveyards.com/foresthome/goldman.html

http://www.geocities.com/CapitolHill/Lobby/8522/emma_eng.html
    1910 -- From January-June, Emma Goldman delivers a total of 120 lectures before 40,000 people in 37 cities in 25 states; credits her success to the organizing skills of Ben Reitman.
Goldman's tour of the "Land of the Free" begins with free-speech battles that thwart her from speaking in Detroit, Columbus, & Buffalo.

The January issue of her anarchist magazine Mother Earth is seized by the US Postmaster on Anthony Comstock's objection to her essay "White Slave Traffic." Released on Jan. 29 when officials decide there is nothing legally objectionable in the magazine.
    1911 -- Emma Goldman begins her annual "pilgrimage" with a lecture in Rochester. Over the next six months she will travel to 50 cities in 18 states, delivering 150 lectures & debates.

    1912-New Mexico became the 47th state. The Land of Enchantment, the territory acquired by the U.S. as a result of the Mexican War, entered the United States of America this day as New Mexico, the 47th state. New Mexico is “Land of Enchantment.” Santa Fe, the oldest city in New Mexico, is also the state capital and has been the capital of the area since 1610. The state bird is the roadrunner. New Mexico has a multitude of state symbols including its own fossil: coelophysis, plus the state flower: yucca; tree: pinon; animal: black bear; vegetables: chili and frijol; gem: turquoise; and insect: tarantula hawk wasp. The state motto is in latin: Crescit eundo, which translates to “It grows as it goes.”

    1912-Birthday of Danny Thomas, born Muzyad Yahhoob, later Amos Jacobs,

at Deerfield, MI> Thomas began his entertainment career as a radio actor and nightclub comedian and then went on to movies in the late 1940’s and early 1950s’. His greatest fame came from his television show, “ Make Room for Daddy” ( 1953-64), and later as a television producer. He was also a tireless philanthropist who founded St. Jude’s Children’s Research Hospital in Memphis, TN. Thomas died Feb. 6, 1991, at Los Angels.

    1916-Birthday of Egune Maleska, New York Times crossword puzzle editor. Maleska was born at Jersey City, NY. He invented new puzzle formats and clue styles for crossword puzzles in 1977 after a career in education. Maleska died Aug. 3, 1993 at Daytona Beach, FL.

    1924-Birthday of Earl Scruggs, musician, born Cleveland County, NC .

http://www.earlscruggs.com/

    1936-Porky Pig makes his world debut in a Warner Brothers cartoon, "Gold Diggers of '49." When Mel Blanc joined Warner Brothers the following year, he became the famous voice behind Porky as well as the Warner Brothers characters Bugs Bunny, Daffy Duck, Sylvester, and Tweety.

 http://www.toonopedia.com/porky.htm

    1938 - At Decca Records in New York City, Trummy Young played trombone and sang with the Jimmy Lunceford Orchestra on "Margie".

    1939-Meade Lux Lewis cuts #1 “Solitude” Blue Note records

    1941 - President Franklin Roosevelt addressed Congress offering support for all who strove for four essential freedoms -- freedom of speech and religion and freedom from want and fear.

    1943-Birthday of drummer Barry Altschul

http://ubl.artistdirect.com/music/artist/bio/0,,397003,00.html?artist=Barry+Altschul

http://home.att.net/~lankina/jazz/Reviews/R0101d.html

http://www.52ndstreet.com/reviews/mainstream/altschulirina.reissues.html

http://www.jazzvalley.com/musician/bobby.stark/section=performed_themes

    1945-George Herbert Walker Bush was 20 and Barbara Pierce was 19 when they married. they had four sons and two daughters ( one of whom died in childhood. Bush served as the 41st president of the US. Their son George W. Bush became the 43rd president of the United States.

( lower half of: http://memory.loc.gov/ammem/today/jan06.html )

    1950---Top Hits
Dear Hearts and Gentle People - Dinah Shore
A Dreamer’s Holiday - Perry Como
The Old Master Painter - Snooky Lanson
Mule Train - Tennessee Ernie Ford

    1952-“ Hallmark Hall of Fame” premiered on TV, carried at different times by ABC, CBS, NBC, and PBS, this was a top-quality dramatic anthology series. Originally titled “ Hallmark Television Playhouse,” the program was sponsored by Hallmark Cards and hosted by Sarah Churchill until 1955. A few of the presentations were Hamley with Maurice Evans and Ruth Chatterson (Apr. 26,1953); Moby Dick with Victory Jory (May 16, 1954), Macbeath with Maurice Evans ,Dame Judith Anderson and House Jameson (Nov 28,1954); Alice in Wonderland with Eva LeGallienne, Else Lanchester, and Reginald Gardiner (Oct.

23,1955). The list goes on with splendid performances by many highly acclaimed actors and actresses.

    1952 - "Peanuts," Charles Schulz's comic strip debuted. As the most successful syndicated comic strip in history, it continues to be popular worldwide.

http://www.snoopy.com/

http://www.rubypersson.com/peanuts/peanuts.html

    1957 - Elvis Presley appeared for the third -- and final -- time on "The Ed Sullivan Show" on CBS-TV. Ed, watching out for the moral safety of the viewing public (plus a live audience of screaming Elvis fans in the show’s New York theatre), demanded that the CBS cameras not venture lower than Elvis’ waist! Sullivan felt that Presley’s wild gyrations of his pelvis would lead the nation’s females into a frenzy of untold proportions

    1957-Birthday of LPGA Hall of Fame golfer Nancy Lopez, born Torrance, CA.

http://www.lpga.com/players/playerpage.cfm?player_id=46

    1958---Top Hits
At the Hop - Danny & The Juniors
Stood Up/Waitin’ in School - Ricky Nelson
Great Balls of Fire - Jerry Lee Lewis
The Story of My Life - Marty Robbins
    1960-Birthday of Howard Michael ( Howie) Long, broadcaster and former Oakland Raider football player, born Somerville, MA.

    1966 - CBS-TV broadcast Duke Ellington’s concert of sacred music, recorded at 5th Avenue Presbyterian Church in New York City.

    1966---Top Hits
The Sounds of Silence - Simon & Garfunkel
We Can Work It Out - The Beatles
Ebb Tide - The Righteous Brothers
Buckaroo - Buck Owens & The Buckaroos

    1967 - The first Super Bowl was televised by both NBC and CBS. Featuring the Green Bay Packers vs the Kansas City Raiders, it was one of the highest-rated single programs in the history of television to this time. Green Bay, led by quarterback Bart Starr, beat Kansas City by a score of 35 - 10.

    1968- Beatles' "Magical Mystery Tour" album goes #1 & stays #1 for 8 weeks.

    1971-The Army drops charges of an alleged cover-up in the My Lai massacre against four officers. After the charges were dropped, a total of 11 people had been cleared of responsibility during the My Lai trials. The trials were a result of action that occurred in March 1968. During the incident, 1st Lt. William Calley, a platoon leader in the 23rd (America) Division, allegedly led his men to massacre innocent Vietnamese civilians, including women and children, in a cluster of hamlets in Son Tinh District in the coastal south of Chu Lai. On May 19, the Army disciplined two generals for failing to conduct an adequate investigation of My Lai, demoting Maj. Gen. Samuel W. Koster from two-star to one-star rank. At the same time, both Koster and Brig. Gen. George W. Young Jr., his assistant divisional commander at the time of the massacre, were stripped of their Distinguished Service Medals, and letters of censure were placed in their personnel files. The trials ended on December 17, when Col. Oren K. Henderson was acquitted of cover-up charges. He was the highest-ranking officer to be tried. Of those originally charged, only Calley was convicted. Many believed that Calley was a scapegoat, and the widespread public outcry against his life sentence moved President Nixon to intervene on April 3, 1971. He had Calley removed from the Fort Benning stockade and ordered him confined to quarters pending review of his case. On August 20, Calley's life term was reduced to 20 years. In November 1974, a Federal Court judge ruled that Calley was convicted unjustly, citing "prejudicial publicity." Although the Army disputed this ruling, Calley was paroled for good behavior after serving 40 months, 35 of which were spent in his own home.

    1974---Top Hits
Time in a Bottle - Jim Croce
The Joker - Steve Miller Band
Show and Tell - Al Wilson
If We Make It Through December - Merle Haggard
    1975-Perhaps the turning point of the war for the South Vietnamese, when Phuoc Binh, the capital of Phuoc Long Province, about 60 miles north of Saigon, fell to the North Vietnamese. Phuoc Binh was the first provincial capital taken by the communists since the fall of Quang Tri on May 1, 1972.

Two days later, the North Vietnamese took the last of the South Vietnamese positions in the region, gaining control of the entire province. The South Vietnamese Air Force lost 20 planes defending the province. Presidents Nixon and Ford had promised South Vietnamese President Nguyen Van Thieu that the United States would come to the aid of South Vietnam if the North Vietnamese launched a major offensive in violation of the Paris Peace Accords. However, the United States did nothing when Phuoc Binh fell to the communists. In fact, the passive response of the United States convinced North Vietnam that the Americans would not soon return to Vietnam, and encouraged the Politburo in Hanoi to launch a new attack in the hopes of creating ripe conditions for a general uprising in South Vietnam by 1976. When the North Vietnamese launched the new offensive in early 1975, the South Vietnamese forces, demoralized by the failure of the United States to come to their aid, were defeated in just 55 days. North Vietnamese tanks crashed through the gates of the presidential palace on April 30 and South Vietnam surrendered fully to the communists.

    1975-“Wheel of Fortune” premiered on TV. This daytime quiz show as hosted by Chuck Woolery. In 1981 Pat Sajak became host assisted by Vanna White. A nighttime version was added in 1983. (Not to be confused with the human interest show rewarding people who had done good deeds, hosted by Todd Russell that premiered in 1952.)

    1975 - The Broadway premiere of "The Wiz" opened to favorable reviews. The show, a black version of "The Wizard of Oz", was hugely popular, running for 1,672 shows at the Majestic Theatre. However, moviegoers, were not in favor of the later cinema version of the musical starring Diana Ross and Michael Jackson. One song from the show is "Ease on Down the Road".

    1975 - ABC-TV debuted "A.M. America," as their attempt to join the early morning news and information race. Long time WABC-TV news anchor, Bill Beautel, teamed up with Los Angeles, California's Stephanie Edwards for the show's ten month run. ABC then debuted David Hartman in "Good Morning America", which for 20 years has competed with NBC’s "Today".

    1979 - Soul Man, recorded by comedians John Belushi and Dan Aykroyd as the fictitious singing team, The Blues Brothers, debuted on Billboard's pop charts. The Blues Brothers had originally been created for television's Saturday Night Live, and had been so popular that it prompted several records and a movie with Jake and Elwood Blues. Soul Man peaked at Number 14 on the charts.

    1979 - "Barbra Streisand’s Greatest Hits, Volume 2" was the #1 album in the U.S. The album was at the top of the charts for three weeks with these greatest hits: "Love Theme From 'A Star Is Born'" (Evergreen}, "Love Theme From 'Eyes of Laura Mars' (Prisoner}", "My Heart Belongs to Me", "Songbird", "You Don’t Bring Me Flowers", "The Way We Were", "Sweet Inspiration/Where You Lead", "All in Love is Fair", "Superman", and "Stoney End".

    1980 - The Pittsburgh Steelers advanced to their fourth Super Bowl since 1974 by eliminating the Houston Oilers 27-13 in the AFC title game. And the Los Angeles Rams shut out the Tampa Bay Buccaneers 9-0 in the NFC championship game. (The Steelers defeated the Rams 24-19 in Super Bowl XIV on Jan 20.)

    1980-The Philadelphia Flyers used two third-period goals to defeat the Buffalo Sabres, 4-2, and extend their NHL record for consecutive games without a loss to 36 (25-0-10). The streak came to an end on the following night when the Flyes lost to the Minnesota North Stars.

    1982---Top Hits
Physical - Olivia Newton-John
Waiting for a Girl Like You - Foreigner
Let’s Groove - Earth, Wind & Fire
Love in the First Degree - Alabama
    1983- President Ronald Reagan gave the green light to one of his pet proposals, a gas tax hike designed to raise funds for the nation's roads and bridges. That the bill made it to the Oval Office was something of a minor miracle, as the nation’s legislators spent a good part of the fall embroiled in a nasty partisan debate over the relative merits of the tax hike. However, the Senate finally passed the bill on December 23, 1982, paving the way for the Federal gas tax to be increased by a nickel. The heftier tax rate in turn promised to raise $5.5 billion a year for highway repairs and general transportation maintenance. And, though the president was not one for using public funds to stimulate employment, some legislators estimated that the tax increase would help create roughly 320,000 jobs.

    1985 - Dan Marino passed for a record 421 yards and four touchdowns, leading the Miami Dolphins to a 45-28 victory over the Pittsburgh Steelers in the AFC championship game. And the San Francisco 49ers were all over the Chicago Bears 23-0 in the NFC title game. (The 49ers defeated the Dolphins 38-16 in Super Bowl XIX on January 20.) 1987 - After a 29-years, the Ford Thunderbird was presented with the Motor Trend Car of the Year Award once again, making it the first repeat winner of the award.

    1990---Top Hits
Another Day in Paradise - Phil Collins
Rhythm Nation - Janet Jackson
Pump Up the Jam - Technotronic featuring Felly
Who’s Lonely Now - Highway 101

    1994 - Nancy Kerrigan, a favorite to win the women’s U.S. Figure Skating Championship, was assaulted after she finished a practice session in Detroit. The assailant used a blunt object to strike the skater on the right knee, although she recovered in time to compete in the Winter Olympics in Lillehammer, Norway, in February, winning a silver metal. Harding came in 8th, suffering a broken lace and later a fall. In plea bargaining, Jeff Gillooly admitted his role in the attack and testified that Harding had been involved in the planning. Her bodyguard and two others were later indicted, and Harding was put on two years’ probation. Harding also was stripped of her US title and banned from the US Figure Skating Association for life.

 

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