Add me to mailing list    |           |      Search

Advertising | All Lists | Archives | Classified Ads | This Day In American History



* California * Illinois * Minnesota

SINCE 1995
National Account Manager

60% commission. APP only to $ 250,000. No industry/geo restrictions. Tremendous flexibility/freedom: your home office or our regional offices. 

Wednesday, July 16, 2008

John William "Will" Ferrell, actor, comedian, born July 16, 1967, Irvine, California. 7 years on "Saturday Night Live," starred in several movies,” Elf," "The Ballad of Ricky Bobby," "The Producers." He is a big fan of USC Trojan football, At USC, Ferrell was a member of Delta Tau Delta fraternity and is now an active alumnus. Ferrell has worked with head coach Pete Carroll to do motivational stunts for the players during the season.


Classified Ads---Asset Management
    Funder of Leasing Co’s in Trouble
        More on Troubled Banks
U.S. Bancorp revenue up 7.5% to $3.8 billion
    Classified Ads---Help Wanted
        Trigger Leads---Part IV
Cartoon---Leasing Company Ethics Committee
    Letters???---We get eMail!!!!
Sales Makes it Happen--by Robert Teichman, CLP
Moving Up-Selling into the Middle Market
    EAEL-UAEL Merger Up-date
Seeing Bad Loans, Investors Flee From Bank Shares
    An Economy Thrown Into Turmoil
        Traders fear slowing economy in US
        Barclays to cut 1,800 U.K. IT staffers
    DAE confirms $12.6 billion Airbus deal
News Briefs---
        You May have Missed---
Sports Briefs---
    "Gimme that Wine"
        Calendar Events
Snapple Real Facts
    Today's Top Event in History
        This Day in American History
Baseball Poem
        Daily Puzzle
    Weather, USA or specific area
        Traffic Live----
News on Line---Internet Newspapers
Nashville, Tennessee

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


Classified Ads---Asset Management

Massachusetts, MA
Started in credit and collections 30 years ago with a private agency. My skills are negotiating with Attorney's, Insurance Companies & Large & small companies. | Resume
New York, NY
10+ years in equipment leasing/secured lending. Skilled in management & training, documentation, policy and procedure development & implementation, portfolio reporting. Strong work ethic.
Seattle, WA
20 years combined experience in Asset Management and Collections. History of successfully maximizing the residual position through superior negotiation skills and remarketing.
United States
Multi- talented individual looking to relocate back to mainland. Over 20 years of experience in Asset Management, Venture Leasing, Operations and Senior Management Positions.
RESUME | Email:

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

Leasing Recruiters:

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



Funder of Leasing Co’s in Trouble

(Leasing News is getting reports that Tennessee Bank has cut off warehouse and funding of leases-immediately. Leasing News is getting reports on other bank such activity, but until confirmed by
a least three known sources or confirmed by the bank itself,
Leasing News is withholding the information.

(Readers should perhaps remember that certain banks are mentioned, even large ones like IndyMac, National City, NetBank, PFF, Sterling- PA, Susquehanna. Remember, you read it here first.

(The difficulties funders, inside and outside salesman are experiencing is not new. This has happened in the past with Datronics, Crocker-Citizens, Unicapital, United Capital, and many others in the 1970’s and 1980’s, but the last down-turn in 2000 was not as severe as banks both raising criteria and also not having the liquidity for continued financing from third parties. Not only do approvals stop immediately, but so do fundings. Be warned.

(The banking and financing industry, including leasing, is in unknown territory due to many factors from the war in Iraq, price of oil, presidential election, rising unemployment, inflation—the combination of these elements, as well as what many claim is lack of leadership both in congress and elsewhere. What seems to be underlying all of this is a “creditability gap:” you don’t know who to believe
(or trust.) Stick with the professionals who have been in business for a long time. Editor)

Tennessee's largest bank replaces chief amid market turmoil

By NAOMI SNYDER • Staff Writer

The top executive of Tennessee's largest bank will step down after the bank lost one-quarter of its value in the stock market Monday.

First Horizon National Bank, the parent company of First Tennessee, said late Monday that Jerry Baker, 65, the president and chief executive officer, would become vice chairman of the board effective Sept. 1. Current chief financial officer Bryan Jordan, 46, will become president and chief executive officer.

Baker will retire at the end of the year.

Jerry Baker, once the darling of Tennessee

(From a 52 week high of $39.03, the stock was selling for $5.89 yesterday. editor)

The bank said the succession plan had been months in the making.

Baker said in a statement that through the "hard work of thousands of employees we have endured and changed our strategic direction to create a viable and relevant business model, right for the current market and the future."

The bank has been restructuring amid heavy losses in the mortgage market, primarily in states outside of Tennessee. First Horizon reported this morning a $19 million loss in the second quarter, or 11 cents per share, compared to profits of $22 million or 17 cents per share during the same quarter a year ago.

First Horizon earlier announced plans to sell its mortgage portfolio and concentrate on the banking business in Tennessee.

Reprinted from:



More on Troubled Banks

The Federal Deposit Insurance Corporation (FDIC) reportedly has an official list of 90 troubled banks. ABC News reports they have obtained other lists prepared by several research groups and financial analysts.

The lists use versions of the so-called "Texas ratio" which compare a bank's assets and reserves to its non-performing loans, based on financial data made public by the FDIC in March, 2008.

Accordingly, banks with a ratio over 100 per cent would be the most likely to fail, based on what happened to Texas savings and loans during the 1980's, they report.





Colorado Federal Savings Bank

Greenwood Village



Eastern Savings Bank, FSB

Hunt Valley



Integrity Bank




Ameribank, Inc.




First Priority Bank




First Security National Bank




Magnet Bank

Salt Lake City



Security Pacific Bank

Los Angeles



First National Bank of Brookfield




The State Bank of Lebo




Source: Research Associates of America



U.S. Bancorp revenue up 7.5% to $3.8 billion

(In very good shape, plans to continue in very good shape. editor)

US Bancorp yesterday reported second-quarter net income of $950 million. The result includes net securities losses of $63 million and a provision for credit losses that exceeded net charge-offs by $200 million.

Net income (in millions)
2Q 2008 $950
2007 $1,090

2008 $2,040
2007 $2,286
Note: 1Q 2008 ("Visa Gain"), $253 million, 2Q see above

U.S. Bancorp Chairman, President and Chief Executive Officer Richard K. Davis said, "U.S. Bancorp's earnings for the second quarter of 2008, although lower than the previous quarter and the same quarter of 2007, reflected our Company's core strengths and momentum, including our diversified business mix, prudent approach to credit and operational risk management, strong balance sheet and capital position, and commitment to investing for future growth.

"Historically, revenue growth in the second quarter of each year is seasonally the strongest, particularly for our fee-based businesses. This seasonal trend was evident again this year, as the majority of our fee revenue lines posted strong linked quarter increases, as well as year-over-year growth. Excellent growth in earning assets, coupled with a higher net interest margin, led to an increase in net interest income on both a linked quarter and year-over-year basis of 4.3 percent and 15.6 percent, respectively. Although the revenue growth rates were reduced overall by several significant first quarter items, the core revenue growth trends were favorable and point to the initial success of a number of our revenue growth initiatives, as well as our advantageous mix of businesses.

"These revenue growth initiatives, in addition to our focus and capacity to fulfill the needs of both current and new customers, also led to strong balance sheet growth this quarter. Average earning assets grew by approximately 10 percent on an annualized basis over the first quarter of 2008 and slightly above 10 percent year-over-year. The Company also posted strong growth in average deposits on a linked quarter annualized basis and year-over-year.

"As predicted, credit costs continued to climb this quarter. Net charge-offs of $396 million for the quarter were .98 percent of average loans outstanding, while total nonperforming assets at the end of the quarter totaled $1,135 million, a 34 percent increase over the balance at March 31, 2008. In addition to providing for the $396 million of net charge-offs, the Company recorded an incremental provision for credit losses of $200 million, bringing the allowance to period end loans coverage ratio to 1.60 percent at June 30, 2008. Given the continued stress in the economy, we believe this action is prudent and expect to see net charge-offs increase in the coming quarter. Despite this upward trend, credit costs are expected to be manageable for our Company, as we continue to produce solid core operating results.

"Our capital position remains strong, with the Tier 1 capital ratio at June 30, 2008, on target at 8.5 percent. Although we have capacity in our current authorization, we do not anticipate buybacks between now and the end of the year. We will utilize our strong internal capital generation to support our growth initiatives, and rely on our earnings capacity to sustain our dividend and maintain our well-capitalized position.

"I am very proud of the exceptional efforts of the U.S. Bank team and, notwithstanding the need to very carefully manage risk during this challenging economic environment, our Company remains focused on business growth initiatives, deepening our current customer relationships and acquiring new customers. As I have said before, we are "open for business" and are cognizant of the fact that this environment has created an opportunity for our Company to both solidify and grow our position in the markets we serve for the benefit of our customers, communities, employees and shareholders. Our business model and prudent approach to risk management will enable us to successfully manage this Company through this stressed period in the economic cycle."

    Full Report (large file, includes press release/financial statement):

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



Leasing Industry Help Wanted

National Account Manager

* California * Illinois * Minnesota

SINCE 1995
National Account Manager

60% commission. APP only to $ 250,000. No industry/geo restrictions. Tremendous flexibility/freedom: your home office or our regional offices. 

Sales Representative

Sales Representative

We're a progressive leasing company with ambitious growth plans for 2008. If you're a proven sales rep in the small ticket arena and ready to join a winning team, contact us immediately. We offer a competitive comp plan, amazing work environment, and have strong relationships with the major funding sources.
E-mail: .

About the Company: Genesis Commercial Capital, LLC; Irvine, CA

Vendor Sales Specialists


Like selling vendor programs and large transactions?
Enjoy international financing programs?
Prefer the advantages of a commission only environment with the security of health and welfare benefits?

CLICK HERE to find out how to have fun again.

Please see our Job Wanted section for possible new employees.



Trigger Leads---Part IV

Leasing News has prepared a synopsis plus links to Part I-II-III.
requesting a statement from the Eastern Association of Equipment Lessors, Equipment Leasing and Finance Association, National Association of Equipment Lessors, and United Association of Equipment Leasing regarding "Trigger Leads," also known as "Trigger Data."  While the practice is legal if followed by current laws, many consider it an unethical practice.

It was suggested by John Boettigheimer, VP/General Manager, Pioneer Capital and Curt E. Lysne, CLP, Vice President, Portfolio Financial Servicing Co., that the major leasing companies join together to have credit reporting agencies end this practice.

It perhaps is more appropriate for the leasing associations to take a stand on this, and if inclined, to take action.

Right now an individual can request the credit agency not disclose an inquiry or results. A business also has the same ability. The consumer side is much stronger as it is against the Fair Credit Reporting Agency to divulge information when requested to do so by the individual.

The rub is that the customer must do this.

This source does it for credit and insurance inquiries:

There are companies who will perform this for a fee, as well as provide identity protection.
One of them is:

Mortgage brokers have been using "Trigger Leads" for years (video):



Cartoon---Leasing Company Ethics Committee



Letters???---We get eMail!!!!

Trigger Leads:

(This is too long to produce on line, but is included as a PDF as it is from Brian Montgomery,
past president of the National Association of Equipment Leasing Brokers. It perhaps sums up
very well the leasing brokers view of “trigger leads:” )

Brian Montgomery
Express Funding Solutions


“Congratulations on the “Trigger Leads” story. It is this kind of industry vetting that brings out the tremendous service that Leasing News provides.”

Paul Menzel, CLP
LEAF Third Party Funding
341 Bollay Dr
PO Box 60607
Santa Barbara, CA 93160-0607
PH: (805) 722-1571
FX: (267) 675-5767


Trigger leads are wrong.

“One thing I do know is that since this field is virtually unregulated, if we do not exercise the moral strength and self discipline to do ‘the right thing’, on our own, the regulators will do it for us. I heard about trigger leads 3 years ago in the mortgage industry and just couldn’t believe people would do that. I know that building a business of repeat customers like we have is done by doing the right thing and it pays off in the long run.

The great thing is that when the majority of Americans think something smells fishy, it normally is and eventually it does become illegal. Take the case of the “trigger leads” that were sold by a major credit bureau and now there is a huge class action settlement over them. Read the details at and see if you still think trigger leads still morally and legally right.

Bruce Forinash, Leasing Agent
Investment Leasing Co.
800-400-5060 x101
858-451-0033 fax


Leasing Training and Schools:

“Thank you for recently publishing the article about Leasing Partners LLC. I have been following the survey you attempted to do with graduates of leasing schools. Your assumption that most of them are out of business is probably correct. So it begs the question of “Why did they fail”. We asked ourselves the same question before we started Leasing Partners and we believe that the failure rate is not a reflection on the leasing schools. It is simply a matter of “training” being only about a ¼ of what people need to be successful in this business. Imagine someone who wants to open a pizza business and takes a course on the history of pizzas and how to bake them. Is he then qualified to open a pizza business? Of course not. On the other hand if he aligns himself with an already established pizza company; follows their instructions and uses their suppliers and marketing, the odds of success are much greater. This is the very reason that franchises are so popular.

“To be a success as a Lease Broker, a person has to have knowledge, experience, funding sources, a back room and ambition. Leasing Partners offers everything but the ambition. We believe we can make anyone successful as a Lease Broker if they follow our lead and tap into our experience. The degree of success will depend on the individual’s personal qualities, drive and goals. This is the reason we charge a reasonable, refundable security deposit rather than a tuition or training fee. We want productive Lease Brokers working with us; not just graduates.

“Our next training session is July 23, 2008 and we invite former leasing school graduates to talk to us about how we can help them recover the investment they made on their leasing education. “

Ken Glasgow
Leasing Partners, LLC
Corporate Capital Leasing Group, Inc.


Lahti now at Cedar Park, Texas

“In just over 2 years in being in the Austin area, we’ve doubled our sales volume each year, added 4 new employees and have already grown out of space in our current office building. Even in these difficult economic times, our consistent approach and differentiation of being ‘all about the credit’, is working for us and we look forward to our continued growth in our new building.

“We are a 17 year old broker funding source that resided in Dallas for 14 years before moving to Cedar Park and can finance ‘any equipment, for any lessee, anywhere in the country.’ “

James R. Lahti, CLP
Affiliated Investment Group, Inc.
930 South Bell Blvd., Suite 104
Cedar Park, TX 78613
(512) 336-7335, Fax: 512-336-7336


“I have to agree with Stan Prokop regarding his definition of "A" credits. He said,

“’In general, would agree, however I think A credits do not necessarily
have to be 'larger public co's , those taking discounts, ..' , etc .
My own definition for an A is a firm , size notwithstanding, that has
growing revenues, growing profits and growing cash flows .’

“In the middle market, A, B, and C designations are only concerned with the ability of companies to meet their obligations. In addition to Mr. Prokop's definition, I would add that an "A" credit's trends are level or up, that they have a stable history, and that they paid all their leases and loans and other short and long term obligations as agreed. Other factors, such as industry standing and reputation, should also be excellent.

“Anything less, such as erratic trends, poor cash flow, poor payment trends and inadequate capitalization, drop companies into B and lower categories.

“This widely accepted definition more resembles D&B's composite credit rating (the "1" in "3A1") than their size rating (the "3A" in "3A1"), except that the middle market uses a letter rather than a numerical grade.

“Further confusing the issue is the fact that rating agencies use letter grades to rate companies with public debt outstanding.

“So what is an "A" credit? Large or small, public or private, an "A" credit is stable, has good earnings year after year, generates good cash flow, has good working capital and leverage and pays its debts.

“Or, to use a technical leasing term, a no-brainer!”

Bob Teichman, CLP
Teichman Financial Training
3030 Bridgeway, Suite 213
Sausalito, CA 94965
Tel: 415 331-6445
Fax: 415 331-6451
"Training and education for equipment leasing and finance personnel"

(My old mentor Mac Pollock of Key Lease, Redwood City, California,
used to say, “ Any deal that pays out is an ‘A” credit in his book.”

A-B-C-D Credit Story:

(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)



Sales Make it Happen

Moving Up-Selling into the Middle Market

by Robert Teichman, CLP

Small-ticket and middle market are two different businesses. The Leasing salesperson who understands the differences will be successful in both.

The small-ticket business, generally defined as leases for equipment costing less than $75,000, focuses primarily on the credit of the guarantor of the lessee company. Generally, the lessee completes a credit application calling for a minimum amount of information. The application is forwarded to a funder, which reviews the credit, concentrating on the guarantor's credit score and the lessee's time in business. The funder may also consider bank and trade information. Approval, if granted, occurs shortly after the funder receives the application, and the approval and rate is transmitted to the originator.

Generally, the originator has not received a signed proposal letter from the lessee prior to sending the application to the funder. As a result, many approvals do not convert to bookings because the applicant signs up with another lessor or decides on another type of financing.

Therefore, the characteristics of the small-ticket business include an application with little information, heavy reliance on credit scores, a fast turnaround of the credit process, and credit review before getting the lessee's commitment.

On the other hand, middle market leases, generally defined as leases between $75,000 and $5,000,000, require a more structured approach. The funder requires a full financial package, which includes several years of financial statements, lessee and guarantor tax returns, complete equipment details and a narrative which should include a thorough financial analysis as well as a discussion of the company and its history.

Because of the depth of analysis which goes into a middle-market transaction, most funders demand that the lessee agree to the terms of the lease before starting the credit process. It is because of this requirement that more middle-market lease approvals convert to bookings than do small-ticket (application-only) transactions.

All leasing salespeople should understand how to place a middle-market transaction. Even those who specialize in application-only deals will improve their volume by learning packaging and financial analysis techniques.

Often, the lessee who started with a small transaction grows beyond the small-ticket limit. In order to maintain the relationship, the originator will have to help the lessee obtain the financing, or risk losing the account.

One technique I have often used is the Master Lease. Instead of simply responding to the lessee's stated need for a small transaction, I would ask what other equipment the lessee planned to acquire that year. Not surprisingly, there almost always were other items on the capital expense budget. I would then offer a written proposal based on the total equipment needed, since I knew by then that I was working with a larger transaction. All the equipment the lessee planned to get over a six to twelve month period could be easily accommodated under a single Master Lease, instead of many individual leases.

If the lessee did not need additional equipment, the lease could still have been handled as an application-only transaction.

Not all lessees would qualify for a larger Master Lease, but the originator who pre-qualifies the lessee and is confident of obtaining an approval will win not only the original small lease, but all follow-on leases as well. Originators who understand how to read and analyze financial statements and how to properly prepare a full financial package will significantly increase their bookings.

Robert Teichman, CLP
Teichman Financial Training

Sales Makes it Happen articles:



EAEL-UAEL Merger Up-date

Leasing news reported on July 1 that the pending merger between the Eastern Association of Equipment Lessors (EAEL) and United Association of Equipment Leasing (UAEL) is a “done deal.” This comes not only from directors of both groups, but “members” in the know, plus the National Association of Equipment Leasing Broker directors meeting in Las Vegas, Nevada, planning next year’s conference, were “officially” informed so it evidently does not become a surprise.

In the study taken earlier this year regarding the possible merger of the Eastern Association of Equipment Lessors (EAEL) and the United Association of Equipment Lessors, Bruce Winter, CLP, representing EAEL, told Leasing News it was an exploratory committee between the two associations. He also said of the 181 EAEL members, 60 also belong to UAEL.

UAEL ended last year with 314, they reported, so the possibility is the merger may create a membership over 435 in 2009, assuming the official announcement will come before next year’s membership billing dues.

The actual time table was not known. This up-date by task force leader Bruce Winter states a "formal" decision has not been reached, but this appears to point the direction the decision is headed:


The Joint Task Force investigating a merger between EAEL and UAEL has been busy. The EAEL side of the Task Force (George Parker, Randy Haug, Frank Peretore and I) recently completed two conference calls with past leaders of EAEL to bring them up to date and solicit their feedback. We communicated to them that we are pleased with the progress to date and are very excited about the prospects of a merged association. The feedback from these past leaders was very positive. We came away with key thoughts and areas of concern which we will incorporate into our plan.

Here are our proposed milestones throughout the remainder of 2008:

•     July 24 – EAEL Board Meeting in Chicago to communicate our progress and solicit feedback from the board
•     July 24 and 25 – Joint Task Force meets in person in Chicago
•     September 15 – Announcement and update at EXPO to all members, with a full breakout session dedicated to disseminating information and obtaining feedback from all interested members. The members of the UAEL side of the Task Force will also be in attendance.
•     September 24-25 – EAEL Task Force Members will travel to Denver for UAEL’s annual conference to assist in a similar presentation to provide information and solicit feedback from UAEL members. This trip will also serve as the final in person meeting of the members of the Joint Task Force.
•     End of September – The Task Force expects to make a final recommendation and, if the recommendation is for merger, present a comprehensive plan detailing all aspects of the merger.
•     Early October – If the Task Force recommends merger, we will schedule a teleconference call of the full board to vote on a recommendation for merger. If the Board recommends merger, we would then forward the comprehensive Merger Plan, with the Board’s recommendation, to all members.
•     Early November – Following the Board’s recommendation, we will hold a full in person meeting of the members to vote on the merger. Any merger must be voted upon by the membership and approved by a 2/3 majority vote of all members casting votes.

We remain committed to completely examining the issues regarding this proposed merger. While we are very positive on the prospect of a merged Association, we will continue to work diligently, on behalf of our fellow EAEL members, to achieve the best possible outcome.

Please don’t hesitate to contact any of the Task Force members at any time with your thoughts, ideas of feedback.

Enjoy the rest of your summer! I look forward to seeing you at EXPO on September 15.
Bruce Winter



"World Leasing News is a separate entity and not affiliated with Leasing News "

News Briefs----

Seeing Bad Loans, Investors Flee From Bank Shares

An Economy Thrown Into Turmoil

Traders fear that a slowing economy in the United States, the world's biggest oil consumer, will hurt demand for crude.

Barclays to cut 1,800 U.K. IT staffers in offshoring move

DAE confirms $12.6 billion Airbus deal

Wholesale prices jump, retail sales are weak in June



Fire News

Wildfire Season Now Worst In California History

Big Sur:



You May have Missed---

China gets ready for Olympics (large file)



Sports Briefs----

American League 4, National League 3

Shades of Joe Montana/Favre: Pack should let me play elsewhere

Colts say Peyton Manning should be ready for season opener



“Gimme that Wine”

Clos LaChance Owner Bill Murphy Appointed Chairman of U.C. Davis' Department of Viticulture & Enology Board of Visitors and Fellows

Grapes descended from NC Mother Vine in new wine

Georgia has 15 wineries now

Big future for Virginia wines

The Mystery of the World's Most Expensive Bottle of Wine
Benjamin Wallace (Crown, $24.95)

(This is a free “ad” for our good friends the Bateman’s,
proprietors of Thunder Mountain Kona coffee)

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

Bolivia: La Paz Day
1548, Founding of city, now capital of Bolvia.

National Corn Fritters Day

Saint feast Days



Notables who were the only child in their families include Ansel Adams, Hans Christian Andersen, Carol Burnett, Raymond Chandler, Eric Clapton, Linda Ellerbee, Louis Gossett, Jr., Robert Englund, Charlton Heston, James Earl Jones, Ted Koppel, Ivan Lendl, Barry Manilow, Maria Montessori, Jack Nicholson, Flannery O'Connor, Al Pacino, Charlie "Bird" Parker, Robert Edwin Peary, Lisa Marie Presley, Pres. Franklin D. Roosevelt, Jean-Paul Sartre, Frank Sinatra, Robin Williams, and Tiger Woods.



Today's Top Event in History

1967 -- On the last day of the Newport Folk Festival in Rhode Island, 20 year old Arlo Guthrie performs his new song, a 20 minute ditty called "Alice's Restaurant" .
You can get anything you want... at Alice's Restaurant, exceptin' Alice
You can get anything you want... at Alice's Restaurant
Walk right in it's around the back
Just a half-a-mile from the railroad track
Oh... You can get anything you want
At Alice's restaurant.


This Day in American History

    1769-Mission San Diego de Alcala was dedicated and blessed by Father Junipero Serra. After high mass, the royal standard of Spain was unfurled over the mission, which was named in honor of San Diego de Alcala. The mission, located in what is now San Diego, California, was the first of 21 California missions to the Indians. During the night and early morning of November 4-5, 1775, a force of Native Americans surrounded Mission San Diego de Alcalá, set fire to its fragile wooden structures, and attacked a small contingent of stunned Spaniards. The attack gave Alta California its first Catholic martyr and weakened Spain's already tenuous hold on its northern territory. In spite of the efforts of Spanish missionaries to convert the native Diegueño (Kumeyaay) people of San Diego to Christianity after 1769 and of the presidial forces to subdue them, large segments of the Kumeyaay population resented the European intrusion, as well as the rape and murder of their women by Spanish soldiers when they did not comply. As with other missions, European disease was high and natives moved further away from the area, while converts toiled often as serfs.
    1779-the first Revolutionary War Bayonet charge was led by General Anthony Wayne, known as “Mad Anthony,” who charged the British garrison at Stony Point, NY, with 1,200 men and forced it to surrender. He was slightly wounded. The British loss was 63 killed and 553 wounded; the Americans loss, 15 killed and 83 wounded.
    1790- George Washington signed legislation that selected the District of Columbia as the permanent capital of the US. Boundaries of the district were established in 1792.Plans called for the government to remain housed at Philadelphia, PA, until 1800, when the new national capital would be ready for occupancy.
( lower half of: )
    1821-birthday of Mary Baker Eddy, Founder of Christian Science, born near Concord, NH. She died at Chestnut Hill, MA, Dec. 3, 1910. She is one of the very few, if not the only woman to found a major religion. In 1874 she founded the Christian Science movement after recovering from illnesses with the use of spiritual healing. She studied the process and developed her own system that preached that the mind is the only reality and that illnesses and infirmities of the body are merely illusions and can be cured by mental effort, chiefly the reading of Jesus's words in the New Testament.
    1849- Clara Shortridge Foltz ,born Lafayette, Indiana- U.S. reformer, attorney, editor, and publisher who changed California's sexist laws. She had read law and then found out California did not allow non-male attorneys. Together with Laura D. Gorden, they got that law changed. When she was denied admission to a San Francisco law school, she brought suit and along with Ms Gorden argued it to victory to the California Supreme Court.
    1862- African American journalist and anti-lynching crusader Ida B. Wells was born the daughter of slaves at Holly Springs, Mississippi and grew up as Jim Crow and lynching were becoming prevalent. Wells argued that lynchings occurred not to defend white women because of whites’ fear of economic competition from blacks. She traveled extensively, founding anti-lynching societies and black women’s clubs. Wells’ “Red Record”( 1895) was one of the first accounts of lynchings in the South.
    1863- New York City. Nearly 1000 the end of three days of ant draft riots in persons were killed or wounded before federal troops restored order. At first, the targets included local newspapers, wealthy homes, well-dressed men, and police officers, but the crowd's attention soon turned to African Americans. Several blacks were lynched, and businesses employing blacks were burned. A black orphanage was also burned, but the children escaped. Not until July 17 was the violence contained by the arrival of Union troops, some fresh from the battlefield at Gettysburg. More than 1,000 died and property damage topped $2 million. The draft was temporarily suspended, and a revised conscription began in August. As a result of the riots and the delicate political balance in the city, relatively few New Yorkers were forced to serve in the Union army.
    1867- Averill Paint Company of New York City produced the first paint ready-mixed. The company went out of business in the early 1900’s, not being able to maintain a consistent standard of color. The first manufacturer to do so was Henry Alden Sherwin, founder of Sherwin-Williams, Cleveland,OH, which began producing paint in 1890.
    1877-President Rutherford Richard Hayes called out Federal troops to suppress
the strike by railroad employees. This was in response for aid from eh governors of West Virginia, Maryland, Pennsylvania, and other states.
    1880-Writer Kathleen Norris born Washington, DC - highly popular U.S. author. KN wrote 81 novels and many short stories that made her one of the most popular writers in the U.S.
    1882-birthday of V.A. Johnson, the first Black female to argue before the US Supreme Court.
    1889-birthday of Joseph Jefferson (Shoeless Joe) Jackson, baseball player, born at Brandon Mills, SC. Jackson’s legendary excellence as one of the game’s finest right-hand hitters is besmirched by his alleged involvement in the Black Sox Scandal of 1919. Jackson stood accused of participating in the conspiracy to throw the World Series, and he, along with seven teammates, was banned for life. Died at Greenville, SC, December 5, 1951.
    1907-Actress Barbara Stanwyck was born Ruby Stevens at the Flatbush section of Brooklyn, NY. At the age of 18 she won a leading role in the Broadway melodrama Noose, appearing for the first time as Barbara Stanwyck. She appeared in 82 films including Stella Dallas, Double Indemnity, Sorry, Wrong Number, The Lady Eve and the television series “The Big Valley.” In 1944, the government listed her as the nation’s highest paid woman, earning $400,000 per year. My late father Lawrence Menkin worked on two of her films as a writer in the late 1940’s, but did not like “life” in Hollywood. He returned in 1954, and did stories for her television show. Stanwyck died at Santa Monica, CA, Jan 21,1990.
    1920-In his first season with the New York Yankees, Babe Ruth hit his 30th home run to break his own record set in 1919 as a member of the Boston Red Sox. Ruth finished the year with 54 home runs. He hit 59 in 1921 and 60 in 1927.
    1925-birthday of vibe player Cal Tjader, St. Louis, MO Died May 5, 1982.
    1925-Pianist Nat Pierce Birthday
    1928—birthday of guitarist Bola Sete, Rio de Janeiro, Brazil
    1928-Cow Cow Davenport records “Cow Cow Blues” (Vo 1198).
    1934-Beginning of the San Francisco General Strike. 127,000 workers participate. A longshoreman's strike spreads to become a two-day general strike paralyzing the area, & leading to a successful settlement.
    1935- Oklahoma City, OK, installed the first automatic parking meter. Twenty-foot spaces were painted on the pavement and a parking meter that accepted nickel was installed at the head of each space by the Dual Parking Meter Co. of Oklahoma City.
    1936-photographer Walker Evans starts his assignment of sharecroppers in Hale County, Alabama
    1938-Larry Clinton, with Bea Wain, records, “ My Reverie.”
    1940-Inkspots record “ We Three, “ “ “Java Jive” Decca.
    1941- Birthday of singer Desmond Dekker, one of the pioneers of reggae music, born in Kingston, Jamaica. He was named the island's top singer five times between 1963 and 1969. Dekker's recording of "The Israelites" sold a million copies worldwide in 1969, hitting number one in Britain and making the top ten in North America as well.
    1941 -- US: 100ø F (38ø C) highest temperature ever recorded in Seattle, Washington.
    1945- In the New Mexican desert at Alamogordo Air Base, 125 miles southeast of Albuquerque, the experimental atomic bomb was set off at 5:30 AM. Dubbed “Fat Boy” by its creator, the plutonium bomb vaporized the steel scaffolding holding it as the immense fireball rose 8,000 ft in a fraction of a second—ultimately creating a mushroom cloud to a height of 41,000 ft. At ground zero the bomb emitted heat three times the temperature of the interior of the sun. All plant and animal life for a mile around ceased to exist. When informed by President Truman at Potsdam of the successful experiment, Winston Churchill responded, “It’s the Second Coming in wrath!”
    1946 - The temperature at Medford, OR, soared to an all-time high of 115 degrees to begin a two week heat wave. During that Oregon heat wave the mercury hit 100 degrees at Sexton Summit for the only time in forty years of records.
    1948-After 8 ½ seasons as manager of the Brooklyn Dodges, Leo Dourcher resigned abruptly to accept the manager’s job with the New York Giants. With Dourcher at the helm, the Giants won two pennants. In 1951 by defeating the Dodgers in a playoff and in 1954 when they swept the Cleveland Indians in the world Series.
    1949---Top Hits
Some Enchanted Evening - Perry Como
Bali Ha’i - Perry Como
Again - Gordon Jenkins
One Kiss Too Many - Eddy Arnold
    1950 - U.S. Army Chaplain Herman G. Felhoelter became the first chaplain to earn an award for heroism and the first to lose his life in the Korean War. Voluntarily remaining behind with several critically wounded soldiers, he and his group was overwhelmed and killed by the communists. Chaplain Felhoelter was posthumously awarded the Distinguished Service Cross.
    1957---Top Hits
Teddy Bear - Elvis Presley
Searchin’/Young Blood - The Coasters
Valley of Tears/It’s You I Love - Fats Domino
Bye Bye Love - The Everly Brothers
    1959-The Coasters record "Poison Ivy" at the Atlantic Recording Studio in New York City. The song was written by Jerry Leiber and Mike Stoller
    1959-Adios Butler, driven by Clint Hodgins, won the Cane Pace, the first jewel in pacing’s triple crown, at Younkers Raceway. Adios Oregon finished second. Adios Butler went on to win the Messenger Stakes and the Little Brown Jug to become the first triple crown winner in pacing history.
    1960- Three musicians in London, Eric Clapton, Jack Bruce and Ginger Baker form the band Cream. The band would go on to become regarded as rock's first supergroup as well as one of the most popular and influential bands of the 60's
    1961- Ralph Boston sets then long jump record at 27' 2"
    1965---Top Hits
(I Can’t Get No) Satisfaction - The Rolling Stones
Wonderful World - Herman’s Hermits
Yes, I’m Ready - Barbara Mason
Before You Go - Buck Owens
    1966- guitarist Eric Clapton, formerly of John Mayall's Bluesbreakers and the Yardbirds, joined two ex-members of the Graham Bond Organization, bass guitarist Jack Bruce and drummer Ginger Baker, to form Cream. The influential blues-rock trio sold more than 15 million albums in their three years together.
    1967 -- On the last day of the Newport Folk Festival in Rhode Island, 20 year old Arlo Guthrie performs his new song, a 20 minute ditty called "Alice's Restaurant" .
You can get anything you want... at Alice's Restaurant, exceptin' Alice
You can get anything you want... at Alice's Restaurant
Walk right in it's around the back
Just a half-a-mile from the railroad track
Oh... You can get anything you want
At Alice's restaurant.
    1966- The Lovin' Spoonful's "Summer In The City" is released.
    1969- The Who's "I'm Free" is released.
    1969-The launch of Apollo II, the first US man sent to the moon. This launch resulted in man’s first moon landing, the first landing on any extraterrestrial body.
(July 20th ). --
    1970 - The Pittsburgh Pirates played their first game at Three Rivers Stadium. The Bucs had spent 61 baseball seasons at Forbes Field. Cincinnati’s Reds spoiled the housewarming for the Pirates with a 3-2 win. The game also marked the first time the Pirates wore new double-knit uniforms which became commonplace throughout both the American and National Leagues
    1972- Smokey Robinson performed for the last time with the Miracles at a concert in Washington, DC. They had been together since 1959. Robinson would have a successful solo career, as well as continuing with his songwriting and serving as a vice-president of Motown Records.
    1973- President Richard M. Nixon appointed the first Air Force General who was a woman, Brigadier General Jeanne Marjorie Holm of Portland, OR.
    1973---Top Hits
Will It Go Round in Circles - Billy Preston
Kodachrome - Paul Simon
Bad, Bad Leroy Brown - Jim Croce
Love is the Foundation - Loretta Lynn
    1973-The existence of what were to be called the “Watergate tapes,” recordings of White House conversations, was revealed by former White House aid Alexander P. Butterfield. Only July 23 special prosecutor Archibald Cox and the Senate committee subpoenaed the tapes. On July 26, President Nixon refused to release them, appealing the case through the courts until October 19, when he offered a summary of requested tapes in return for no further requests for tapes or papers. This was rejected by Cox.John Elrlichman and G. Gordon Liddy were soon to be indicted along with two White House officials, and in October Vice President Agnew resigned and pleaded nolo contendree ( not contest) to one charge of income tax evasion in return for the dropping of other charges. Agnew was fined and given three years’ probation. Representative Gerald R. Ford, Republican of Michigan, was nominated by President Nixon for the vice-presidency, who soon was to become the first president not elected to the office directly or through the vice-presidency.
    1973 - No. 1 Billboard Pop Hit: "Bad Bad Leroy Brown," Jim Croce.
    1973- Bob Dylan releases the soundtrack to "Pat Garrett & Billy the Kid." Dylan stars in the flick with Kris Kristofferson. One song off the LP, "Knocking On Heaven's Door" reaches #12 while the soundtrack goes to #16
    1981---Top Hits
Bette Davis Eyes - Kim Carnes
All Those Years Ago - George Harrison
The One that You Love - Air Supply
Fire & Smoke - Earl Thomas Conley
    1983 - No. 1 Billboard Pop Hit: "Every Breath You Take," The Police. It tops the pop chart for eight weeks. Billboard ranks the million-selling single the top song of the year.
    1988- Jackie Joyner-Kersee sets women's hepathlete record of 7,215 pts
    1988 - Thirty-seven cities in the eastern U.S. reported record high temperatures for the date. Highs of 96 degrees at Bluefield, WV, and 104 degrees at Charleston WV were all-time records, and afternoon highs of 98 degrees at Binghamton, NY, 99 degrees at Elkins, WV, and 103 degrees at Pittsburgh PA, tied all- time records. Highs of 104 degrees at Baltimore, MD, and 105 degrees at Parkersburg WV were records for July, and Beckley, WV, equaled their record for July with a high of 94 degrees. Martinsburg, WV, was the hot spot in the nation with a reading of 107 degrees. Afternoon and evening thunderstorms raked the northeastern U.S. with large hail and damaging winds.
    1989---Top Hits
Satisfied - Richard Marx
Buffalo Stance - Neneh Cherry
Baby Don’t Forget My Number - Milli Vanilli
I Don’t Want to Spoil the Party - Roseanne Cash
    1992- Fleetwood Mac's "Don't Stop" is played (over and over) as Arkansas Governor Bill Clinton accepts the Democratic nomination for President.
    1994- Luciano Pavarotti, Placido Domingo and Jose Carreras performed together before 56,000 people at Dodger Stadium in Los Angeles on the eve of the World Cup soccer final. It was a reprise of their performance before the World Cup final in Rome four years earlier. The recording of the first concert sold more than 10 million copies, making it the best-selling classical album of all time. The album made at the Los Angeles concert was also a best-seller. 1993- Lotus began shipping a new version of its popular 1-2-3 spreadsheet for Microsoft Windows. Lotus 1-2-3 quickly took over the spreadsheet market when it was first introduced in 1983. The product almost instantly wiped out the leading spreadsheet program, VisiCalc, which had also been the first spreadsheet. Lotus bought Software Arts, the company that invented VisiCalc, in 1985.
    1994-Bruce Springsteen showed up unannounced at the 20th anniversary celebration at the Stone Pony bar in Asbury Park, New Jersey. Springsteen and his wife, Patty Scialfa, Jon Bon Jovi and former E Street Band drummer Max Weinberg performed several songs with Southside Johnny and the Asbury Jukes. In 1974, the Jukes had been the house band and Springsteen a regular performer at the Stone Pony.
    1995- Retired journalist Marj Carpenter, 68, was elected moderator of the Presbyterian Church (U.S.A.), the church's highest elected position.

    1966-The Supreme Court hands down its decision in Miranda v. Arizona, establishing the principle that all criminal suspects must be advised of their rights before interrogation. Now considered standard police procedure, "You have the right to remain silent. Anything you say can, and will, be used against you in a court of law. You have the right to an attorney. If you cannot afford one, one will be appointed to you," has been heard so many times in television and film dramas that it has become almost cliché.The roots of the Miranda decision go back to March 2, 1963, when an 18-year-old Phoenix woman told police that she had been abducted, driven to the desert, and raped. Detectives investigating her story gave her a polygraph test, but the results were inconclusive. However, tracking the license plate number of a car that resembled that of her attacker's brought police to Ernesto Miranda, who had a prior record as a Peeping Tom. Although the victim did not identify Miranda in a line-up, he was brought into police custody and interrogated. What happened next is disputed, but officers left the interrogation with a confession that Miranda later recanted, unaware that he didn't have to say anything at all. The confession was extremely brief and differed in certain respects from the victim's account of the crime. However, Miranda's appointed defense attorney (who was paid a grand total of $100) didn't call any witnesses, and Miranda was convicted after a short trial. While Miranda was in an Arizona state prison, the American Civil Liberties Union took up his appeal, claiming that the confession was false and coerced. The Supreme Court overturned his conviction, but ironically Miranda was retried and convicted in October 1966. As a result of the case against Miranda, each and every person must be informed of his or her rights upon arrest. In 1999, the Supreme Court agreed to re-examine the Miranda requirements in the face of persistent complaints that confessions should not be barred from evidence simply because a police officer failed to read the suspect his or her rights.
    1997-The Dow-Jones Index of 30 major industrial stocks topped the 8,000 mark for the first time.
    1999 - John F. Kennedy Jr.’s plane crashed into the Atlantic Ocean off the coast of Martha’s Vineyard (Massachusetts), killing him, his wife and his sister-in- law. The three had been en route to a Kennedy family wedding. The National Transportation Safety Board concluded that Kennedy suffered from spatial disorientation, brought on by a loss of balance in the inner ear. Kennedy’s problems were exacerbated by the hazy night sky and his inability to see the horizon, plus his lack of experience as a pilot. The NTSB also said investigators did not find any mechanical problems with Kennedy’s plane, a single-engine Piper Saratoga II. The conclusion it was pilot error.
    2000 --An 1919 Chicago 'Black Sox' autographed baseball is auctioned for $93,666 at eBay. The ball's value, believed to be the most for such an item, was unusually high because the autographs included Shoeless Joe Jackson who was considered illiterate and usually just signed legal documents.



Baseball Poem

“Voices of the Game

    by J. Kyle

You see fans holding their radios here and over there,
Intently watching the game, yet listening with care.
Some think us strange that we bring our transistorized friend,
Then they sit too close, and try to listen in.

So many, many voices of baseball present and past,
A very select few can make you feel that home run blast.
The team in the booth at times is the best,
The fans can hope for along with the rest.

Some of these voices have now faded away,
Going, going, gone to their final play.
The restless nights they talked us to sleep,
Just waiting for someone to take one deep.

Harry was the greatest Cub there ever could be,
There will never be another like him at ol’ Wrigley.
Vin Scully still bleeds that Dodger blue,
While Scooter will always be a Yankee too.

Nuxhall and Brennaman are my favorite radio men,
They have been a duo since way back when.
I was a boy when I first heard that familiar winning call,
“This one belongs to the Reds” now has its own place in the Hall.

So the next time you search for the game on TV,
Turn the volume way down, grab a radio, and you will soon see.
The voices of the game do much more than that old screen,
They bring you the nation’s game in a fashion unseen

(also recommended for Football games, too.)




The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?



Daily Puzzle

How to play:

Refresh for current date:






See USA map, click to specific area, no commercials



Traffic Live---

Real Time Traffic Information

You can save up to 20 different routes and check them out
with one click, or type in a new route to learn the traffic live.



News on Line---Internet Newspapers

Nashville, Tennessee

*Other on line newspapers:



Independent, unbiased and fair news about the Leasing Industry.
Ten Top Stories each week chosen by readers (click here)

ELFA MLFI 25 Survey
Leasing 102
Online Newspapers
Pictures from the Past
Sales Make it Happen
Sales Achievement by Steve Chriest
Shawn Halladay Collection
To Tell the Truth
Why I Became a CLP
ZRG Employment Index

Editorials (click here)