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Leasing News is a web site that posts information, news, and
entertainment for the commercial alternate financing,
bank, finance and leasing industries

We are looking for:
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2018 Interns for Sales, Operations, or Accounting

What sets CoreTech apart from other equipment leasing companies is our team members and impeccable reputation. Are you unhappy with the ethics of your company and the promises made to you? Join our team, positions are available in Newport Beach, CA and remotely.

To learn more, please click here
CoreTech specializes in assisting medium to large size companies throughout various markets including: Legal, Medical, Manufacturing, Education, Corporate and Semi-Conductor

Over 100 law firms trust CoreTech for their leasing needs,
why wouldn't you?

Tuesday, May 15, 2018

Today's Equipment Leasing Headlines

Post Here a Free Ad for Seeking a New Career
   100 Words Reach the Banking, Finance, Leasing Industries
Top Stories:  May 7 - May 11
   (Opened Most by Readers)
Alt. Finance Group to Form Broker Association
   To Build Credit Ability, Help with State Licensing
Joe Bonanno, CLFP, to be Keynote Speaker at Conference
   National Alliance of Commercial Loan Brokers (NACLB)
Only 50% of Small Businesses Don't Need Credit
   Reports National Federation of Independent Business
Business Owners Are Complaining
  They Can’t Get Foreign Seasonal Employees
Leasing Positions Open
   Time to Improve Your Career
What Are You Doing Right?
   Sales Makes it Happen by Scott Wheeler, CLFP
Corporate Stockholders Continue Profit with Tax Cuts
 $407 Billion in Corporate Stock Buybacks
Vergence ---Haiku Poem
   By Paul Bent, Esq.
Conrad Eimers to Receive 2018 ELFA Advocacy Award
   David H. Fenig Distinguished Service
Chicago, Illinois   Adopt-a-Dog
The Finance Marketing Group
   Alex Vasilakos, Director of Marketing
News Briefs---
Airport projects could hit $70 Billon by 2021
   according to Architectural Record
Jack up property taxes for pensions, say 3 Fed economists
  $500,000 home increase of $5,000, paid each year for 10 years
Pizza Chain Bertucci’s Files for Chapter 11 Protection
  operates 59 stores, 29 of which it plans to reject
Kabbage Heads to Court
   violations of state usury, false advertising
Pie in the Face for New Papa John’s CFO
  as an "impossible" problem in funding needed
Sears begins exploring sale of Kenmore, other divisions
  Company Breaking Up?
U.S. Government Accountability Office Issues
  Recommendations on Fintech Regulations

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
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You May have Missed---
  Sports Brief----
   California Nuts Brief---
   "Gimme that Wine"
     This Day in History
       Daily Puzzle
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          Traffic Live----

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Post Here a Free Ad for Seeking a New Career
100 Words Reach the Banking, Finance, Leasing Industries

Categories to post:

Please send email to to post your ad.


Top Stories:  May 7 - May 11
(Opened Most by Readers)

(1) A Bad Sign for Economy: Money Anxiety Index
   Decreased to 47.9, Lowest Level in 50 Years

(2) Apology -- Sold Out
deBanked Broker Fair, May 14, 2018

(3) The Growth of Commercial Loan Brokers
         Goodbye “Lease Consultant” Title

(4) Top Nine Leasing Company Websites
   in North America

(5) CFPB Dares States to Regulate Financial Services:
   California Obliges as SB 1235 Moves Forward
          By Tom McCurnin, Leasing News Legal Editor

(6) New Hires/Promotions in the Leasing Business
          and Related Industries

(7) Four Types of Interim Rent
          By Christopher Menkin

(8) Leasing Equipment Still Has Tax Advantages
            and here are Ten Other Reasons

(9) Slim Capital Joins Leasing News Lists:
   Funder, Looking for Broker Business, Story Credits

(10) Trucking suffers largest monthly job decrease in 2 1/2 years
   Decrease of 5,500 Jobs in April



Alt. Finance Group to Form Broker Association
To Build Credit Ability, Help with State Licensing

The Small Business Finance Association (SBFA) announces the formation of the "SFBA Broker Council."

Jared Weitz, CEO, United Capital Sources
, one of the co-founders said, "We want to give small business owners confidence that the brokers they work with are trustworthy, vetted, and committed to being responsible," said Jared Weitz. "We need to take steps to promote brokers who are acting in the best interest of small business owners and send a clear message about the valuable role we play in the small business finance ecosystem."

James Webster, CEO and co-founder of National Business Council:
"We need brokers who believe in best practices to enter the national conversation about small business alternative finance and show policymakers how we serve small business customers.

"We all know there are bad actors out there, but the goal of this Council is to help show the how responsible brokers are working to capitalize underserved small businesses."

Jeremy Brown, chairman of RapidAdvance and Chairman of SBFA, said, "It is important we send a message to the millions of small businesses we serve that we support brokers who understand that transparency, responsibility, fairness, and security are critical to our industry's future."

Steve Denis, Executive Director of the SBFA, “Small business owners are a powerful constituency and we want to give them the utmost confidence in the alternative finance industry. This includes promoting brokers who are providing transparent capital solutions that they can trust.”

Members to date of SBFA include bizfi, bfscapital, Capify, Capital for Merchants, eleveante Funding, Fora Financial, GRP Funding, Merchant Capital Sources, Merchants Capital Access, NextWave Funding, Principis Capital, Rapid Advance, Retail Capital, Strategic Funding, Swift Capital, Yalber.



Joe Bonanno, CLFP, to be Keynote Speaker at Conference
National Alliance of Commercial Loan Brokers (NACLB)

Kris Roglieri, Commercial Capital Training Group, Founder of the National Alliance of Commercial Loan Brokers announces that the keynote speaker at the October 16 – 18, 2018 at Doral in Miami, Florida, will be Joe Bonano, CLFP, an accomplished attorney to businesses and finance company. The title to the keynote is “People, Business & Life Values for Commercial Loan Brokers in the 21st Century

Founder of NACLB, Kris Roglieri said “Joe brings a wealth of general life experiences that we feel can really motivate and benefit brokers across many product segments which will ultimately allow them to be a better broker and run a more profitable business.”

Mr. Bonanno's Biography:

Over 800 commercial loan/ISO brokers are expected to attend to meet over 150 funders, lenders and banks, that offer multiple products to serve your clients such as: Equipment Financing, Equipment Leasing, SBA Lending, Merchant Cash Advance, Project Funding, Commercial Real Estate Lending, Fix and Flip Financing, Unsecured Lines of Credit, Alternative Financing, Asset Based Lending, Factoring, Purchase Order Financing and much, much more.

To sign up please register here:





Only 50% of Small Businesses Don't Need Credit
Reports National Federation of Independent Business

National Federation of Independent Business (NFIB) has collected Small Business Economic Data with Quarterly surveys since 1973. Highlights of the recent 23 page report:

Four percent of owners reported that all their borrowing needs were not satisfied, unchanged and historically low. Thirty-two percent reported all credit needs met (up 1 point) and 50 percent said they were not interested in a loan (up 3 points) but one of the lowest readings since 2010.

Only 2 percent reported that financing was their top business problem compared to 18 percent citing taxes, 13 percent citing regulations and red tape, and 22 percent the availability of qualified labor.  Five percent reported loans “harder to get,” historically low.

Thirty-one percent of all owners reported borrowing on a regular basis (down 1 point). The average rate paid on short maturity loans was up 30 basis points at 6.4 percent, rates are rare rising gradually with Fed policy moves.

Reports of employment gains remain strong among small businesses, inconsistent with the BLS report for March employment gains... Fifty-seven percent reported hiring or trying to hire (up 4 points), but 50 percent (88 percent of those hiring or trying to hire) reported few or no qualified applicants for the positions they were trying to fill.

Twenty-two percent of owners cited the difficulty of finding qualified workers as their Single Most Important Business Problem (up 1 point), exceeding the percentage citing taxes or regulations.  Shortages of qualified workers are clearly holding back economic growth.  Thirty-five percent of all owners reported job openings they could not fill in the current period, unchanged and tied for the highest reading since November 2000.

Twelve percent reported using temporary workers, up 2 points.  Reports of job openings were most frequent in construction (48 percent) and manufacturing (48 percent).  A seasonally adjusted net 16 percent plan to create new jobs, down 4 points from March but historically strong.

Full Report: 






Business Owners Are Complaining
They Can’t Get Foreign Seasonal Employees

The Lexington Herald-Leader, in Kentucky, reports landscaping companies claim they can’t get Americans to work for the same wages.

Eddie Devine worries he may go out of business if he is unable to continue hiring 20 foreign workers a season through the H-2B visa program. Devine told the Herald-Leader he lost a $100,000 account because he didn’t have enough men to do the job. He’s worried he may be out of business next year if things don’t improve.

“We live and die by these visas,” Ken Monin, owner of Monin Construction. The company specializes in home additions, roofs, decks and garages. “Last year we about went bankrupt. The workers we were supposed to get in March didn’t show up until August because they couldn’t get visas.”

Full Story in Lexington Hearld Leader


Leasing Industry Ads---Help Wanted
Now’s the Time to Apply

We are looking for:
Account Executive
Senior Account Executive
National Sales Manager
2018 Interns for Sales, Operations, or Accounting

What sets CoreTech apart from other equipment leasing companies is our team members and impeccable reputation. Are you unhappy with the ethics of your company and the promises made to you? Join our team, positions are available in Newport Beach, CA and remotely.

To learn more, please click here
CoreTech specializes in assisting medium to large size companies throughout various markets including: Legal, Medical, Manufacturing, Education, Corporate and Semi-Conductor

Over 100 law firms trust CoreTech for their leasing needs,
why wouldn't you?




What Are You Doing Right

When production numbers are down, originators spend hours asking: "Why?" "What am I doing wrong?" "What do I need to do differently?"

Similar questions need to be asked when production numbers are increasing: "Why is business so good?" "What am I doing right?" Successful originators want to know the details. They are constantly reviewing the "why's," so they can maximize their outcomes. Do you know: 

  • Why your clients choose to work with you and your organization?
  • Why certain activities produce better results?
  • Why first time clients become loyal customers?
  • Why business is brisk and your clients value your personal service?
  • What your customers think about their buying experience?
  • How your competition perceives you in the market?
  • Why do clients choose you over your competition?
  • When they choose a competitor, what reason(s) do they give for their decision?

If you are just riding the wave up without really understanding why, then you will also ride the wave down when the tide changes. Successful originators in the commercial equipment leasing and finance industry are constantly studying the facts. They conduct self-evaluations to understand the markets and where they fit.  They know what they are doing right, where they need to improve, and what activities they need to eliminate from their daily task list. They understand the best way to build a sustainable career is through a comprehensive understanding of the facts and having a full understanding of "why." 

Know "Why" 

Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Sales Makes it Happen articles:





Corporate Stockholders Continue Profit with Tax Cuts
$407 Billion in Corporate Stock Buybacks


New stock buyback announcements since the tax bill was passed in December are at $407 billion, up from $238 billion on April 9 when the website was launched — an increase of 71%. The richest 1% own 40% of all stock; the richest 10% own 84%. Stock buybacks waste money that could be used for useful investments that create jobs and give workers higher pay. Major new stock buyback announcements include:

  • Apple: $100 billion, 5/1/18
  • Qualcomm: $8.8 billion, 5/9/18*
  • Starbucks: $5.9 billion, 4/26/18
  • Electronic Arts: $1.8 billion, 5/8/18
  • Royal Caribbean Cruises: $1 billion, 5/9/18
  • Bonuses and wage increases have only increased to an estimated $6.9 billion, up about 6% from $6.5 billion when the website launched.
  • Corporations have committed 59 times as much to buying back stock as they have promised to workers in bonuses and wage hikes.
  • A total of 6.5 million workers out of 155 million U.S. workers are getting a wage hike or a bonus, up from 6.3 million out of 155 million on April 9.
  • 398 businesses out of 26 million businesses are providing a bonus or wage hike, up from 383 businesses on April 9.
  • Total tax cuts for 153 corporations in 2018 is estimated at $76 billion vs. $6.9 billion in bonuses and wage hikes; that’s up from a total of $60.8 billion in tax cuts for 120 corporations on April 9 vs. $6.5 billion in wage hikes and bonuses.
  • Over 130,000 jobs cuts have been announced since the tax law was passed; that’s up from 94,000 on April 9.

* Note: Qualcomm to Lay off 1,231 in San Diego Operation



  Paul Bent
  Senior Managing Director
  Leader, Legal Services Practice
  The Alta Group, LLC
  (562) 426-1000 Office
  (562) 754-7744 Mobile
  Skype: callpaulbent



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

Conrad Eimers to Receive 2018 ELFA Advocacy Award
David H. Fenig Distinguished Service

Conrad Eimers
Vision Financial Group

Washington, D.C. – The Equipment Leasing and Finance Association (ELFA) has selected Conrad Eimers, President of Vision Financial Group, Inc., to receive its 2018 David H. Fenig Distinguished Service in Advocacy Award. The award honors individuals who have made significant contributions to the association’s advocacy efforts to promote sound public policies for the equipment finance industry. Eimers will be formally recognized during a ceremony at ELFA’s Capitol Connections event on Wednesday, May 16, in Washington, D.C.

Eimers has been a member of ELFA for two decades and has supported the industry’s policy objectives in a number of ways. He has been an active participant in ELFA’s annual Capitol Connections advocacy event in Washington, D.C. At this event, he has met with members of Congress, highlighting the value of equipment finance to the U.S. economy and the impact of legislative and regulatory proposals on the industry. In addition, he has been active on the local level in his home district in Pittsburgh, Pennsylvania, consistently nurturing relationships with his elected representatives and hosting members of Congress at the offices of Vision Financial Group, Inc.

Eimers served as a member of ELFA’s Independent Middle Market Business Council Steering Committee from 2013-2017, Chairing the Committee from 2016-2017. He also has participated as a member of the Equipment Leasing & Finance Foundation’s Industry Future Council and is an active supporter of Foundation programs.

Eimers’ expertise in the equipment finance industry spans more than 20 years and a number of roles, from executive and managerial experience in sales, credit and operations. Prior to joining Vision Financial Group, Inc., he was employed at TCF Equipment Finance. He has also served the finance industry while working for GE Capital, Bank of America Vendor Finance, ORIX Financial Services and Philip Morris Capital. He is a graduate of the University of Illinois and received his MBA from DePaul University.
About the Award
The David H. Fenig Distinguished Service in Advocacy Award is named for ELFA’s former Vice President of Federal Government Relations, David H. Fenig, who served as an accomplished advocate on behalf of the equipment leasing and finance industry from 2004-2011.

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. For more information, please visit

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


Chicago, Illinois   Adopt-a-Dog

7 Years, 5 months

"Magic is a sweet older gentleman who came to us via the Animal Rescue Corp's efforts with Hurricane Irma. He's still very new to our shelter, but so far we can tell you he's curious and gentle. Magic did test positive for heartworm disease, so any family interested in adopting him will need to be willing to work with us as we begin his treatment. Stay tuned for updates as we learn more about him."

Chicago Canine Rescue
5272 N. Elston Avenue
Chicago, Illinois 60630
(773) 697-8848

Monday: 5pm – 7pm
Tuesday: Appointment Only
Wednesday: Appointment Only
Thursday: 5pm – 7pm
Friday: 5pm – 7pm
Saturday: 12pm – 5pm
Sunday: 12pm – 5pm

Adopt a Pet



The Finance Marketing Group
Alex Vasilakos, Director of Marketing

Alex works exclusively with financial services companies but his depth of knowledge and experience can help design and implement long-reaching strategies for businesses across all industries.

Alex entered advertising and marketing in 2003 as the industry landscape shifted from traditional print to digital media. In that time, he has worked with numerous large accounts .in both healthcare and financial services, and has helped small and medium-sized businesses grow and flourish in their respective digital markets. He has won countless awards for creative direction and strategy, and is certified by Google Partners in both AdWords and Analytics.
Office: 518-591-4645x102 / Fax: 518-677-1071
90 State Street, Suite 1500, Albany, NY 12207


News Briefs----

Airport projects could hit $70 Billon by 2021
   according to Architectural Record

Jack up property taxes for pensions, say 3 Fed economists
$500,000 home increase of $5,000, paid each year for 10 years

Pizza Chain Bertucci’s Files for Chapter 11 Protection
  operates 59 stores, 29 of which it plans to reject

Kabbage Heads to Court
violations of state usury, false advertising

Pie in the Face for New Papa John’s CFO
  as an "impossible" problem in funding needed

Sears begins exploring sale of Kenmore, other divisions
  Company Breaking Up?

U.S. Government Accountability Office Issues
  Recommendations on Fintech Regulations


You May Have Missed---

What banks can do to avoid drowning in data
 By Bryan Yurcan, American Banker




An Asterisk as Big as a Ball

the ball talked to
three hundred thirty feet of air,
rising into the teeth
of the bat's echo,
crashing into right field bleachers
like any other Yankee missile —
an exiled hero
circled the Ruthian diamond
to footnote glory —
just down the first base line
 the magic bat lay,
 like a gun that had killed
 its owner.


Sports Briefs---

Warriors put Rockers away with 2nd half burst

Did the 49ers improve 3 prominent weaknesses this offseason?

Raiders sign one draft pick and two undrafted free agents

Warriors coach Kerr makes most of being in right place at right time


California Nuts Briefs---

Jerry Brown's budget has $100 million surprise
   for West Sacramento and California Indians

Editorial: Gov. Jerry Brown’s final gift to California
   is a responsible budget

'Crunch time' at CalPERS:
    Pension confidence drops among city managers

California moves to allow legal bets on sports teams



“Gimme that Wine”

Fred Furth, prominent Bay Area attorney,
    Sonoma County vintner and philanthropist, dies at 84

Napa Valley pioneer vintner Koerner Rombauer passes away

Healdsburg’s Sonoma Cider goes on the auction block

As labor costs rise, investing in vineyard mechanization
  will become increasingly cost-effective

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in History

     1607 - The first permanent English settlement was established in Jamestown, VA with one hundred and five from Blackwell, England who traveled on three ships: Susan Constant, Goodspeed and Discovery. Most of them were “gentlemen adventurers," gentlemen who did not work and brought servants…quite British, you know. Captains John Smith and Christopher Newport were among the leaders of the group of royally chartered Virginia Company settlers.  The colony was named after England's King James I.
    1612 - Tobacco cultivation was undertaken at Jamestown by John Rolfe, who had arrived with the Jamestown settlers. Rolfe was the first settler to come up with a method of curing tobacco, which made it possible grow tobacco drops for export to England. The smoking, chewing, and snuff became very popular and soon were the most important export to Europe. Nicotine made this not only popular, but a daily necessity. It was definitely a "cash crop" for the New World.
    1637 - Cardinal Richelieu of France created the table knife
    1776 - The Fifth Virginia Convention instructed delegation to the Continental Congress to propose a resolution of independence from Great Britain, paving the way for the US Declaration of Independence.
    1780 - The Cumberland Compact was signed by leaders of the settlers in early Tennessee. This forerunner of the Tennessee Constitution was signed by these 256 settlers when they settled Fort Nashborough, which would become Nashville.  It called for a governing council of twelve judges who would be elected by the vote of free men 21 years of age or older. Unique to the times, the Compact included a clause that these judges could be removed from office by the people. Government salaries were to be paid in goods. Governor was worth 1,000 deer skins. Secretary was to be paid 450 otter skins, and county clerk was valued at 500 raccoon skins. The constable received one mink skin for every warrant served. All males sixteen or older were subject to militia duty.
    1817 - The first private mental health hospital in the United States, the Asylum for the Relief of Persons Deprived of the Use of Their Reason (now Friends Hospital, Philadelphia) opened.
    1846 - Although fighting had begun days earlier, Congress officially declared war on Mexico. The struggle cost the lives of 11,300 American soldiers and resulted in the annexation by the US of land that became parts of Oklahoma, New Mexico, Arizona, Nevada, California, Utah and Colorado. The war ended in 1848.
    1850 – The Bloody Island Massacre occurred in Lake County, CA, in which a number of Pomo Indians were slaughtered by a regiment of the United States Cavalry.  The 1st Dragoons Regiment were searching for a band of Pomo near Clear Lake.  When they instead came upon a group of Pomo, they killed old men, women and children. The National Park Service has estimated the army killed 60 of 400 Pomo; other accounts say 100 were killed. Most of the younger men were off in the mountains to the north, hunting. The army killed 75 more Indians along the Russian River.
    1861 – Queen Victoria of England issued a "proclamation of neutrality" which recognized the breakaway Confederate states as having belligerent rights.
    1862 – The USS Planter, a steamer and gunship, stole through Confederate lines and passed to the Union by a southern slave, Robert Smalls, who later was officially appointed as captain, becoming the first black man to command a United States ship.
    1864 - The first soldier buried at Arlington National Cemetery was a Confederate soldier, William Henry Christman, close to what is now the northeast gate in Section 27.  George Washington Parke Custis, Martha Washington’s grandson, acquired the land that now is Arlington National Cemetery in 1802 and began construction of Arlington House. The estate passed to Custis' daughter, Mary Ana, who had married then US Army Officer Robert E. Lee.   When Virginia seceded from the Union, Lee resigned his commission and took command of the armed forces of the Commonwealth of Virginia, later becoming commander of the Army of Northern Virginia. The Virginia militia occupied Arlington and Arlington House.  With Confederate forces occupying Arlington's high ground, the capital of the Union was left in an untenable military position.  Although unwilling to leave Arlington House, Mary Lee believed her estate would soon be infested with federal soldiers. So, she buried many of her family treasures on the grounds and left for her sister's estate in Fairfax County, Virginia.  On May 3, General Winfield Scott ordered Brigadier Gen. Irvin McDowell to clear Arlington and of all troops not loyal to the United States.  McDowell occupied Arlington without opposition on May 24.  By late 1863, existing cemeteries in the area were nearly full.  On July 16, 1862, Congress passed legislation authorizing the U.S. federal government to purchase land for national cemeteries for military dead, and put the U.S. Army Quartermaster General in charge of this program.  In May 1864, Union forces suffered large numbers of dead in the Battle of the Wilderness. The Quartermaster ordered that an examination of eligible sites be made for the establishment for a large new national military cemetery. Within weeks, his staff reported that Arlington Estate was the most suitable property in the area.  The property was high and free from floods (which might unearth graves), it had a view of the District of Columbia, and it was aesthetically pleasing. It was also the home of the leader of the armed forces of the Confederate States of America, and denying Robert E. Lee use of his home after the war was a valuable political consideration. 
    1864 – At the Battle of New Market, Virginia Military Institute cadets fought alongside the Confederate Army to force Union General Franz Sigel out of the Shenandoah Valley.
    1865 – The Battle of Palmito Ranch, near Brownsville, Texas, more than a month after the Confederate surrender, is the last land battle of the Civil War and ends with a Confederate victory.   PVT. John J Williams of the 34th Indiana is last man killed.
    1869 - In New York, Susan B. Anthony and Elizabeth Cady Stanton formed the National Woman Suffrage Association.  It was created in response to a split in the American Equal Rights Association over whether the woman's movement should support the Fifteenth Amendment.  Its founders opposed the Fifteenth Amendment unless it included the vote for women.  Men were able to join the organization as members; however, women solely controlled the leadership of the group.  The NWSA worked to secure women's enfranchisement through a federal constitutional amendment. 
    1880 – Thomas Edison performed the first test of his electric railway, in Menlo Park, NJ.
    1890 – Katherine Anne Porter (d. 1980) was born in Indian Creek, TX.  Her 1962 novel “Ship of Fools” was the best-selling novel in America that year, but her short stories received much more critical acclaim. In 1966, she was awarded the Pulitzer Prize and the U.S. National Book Award for “The Collected Short Stories of Katherine Anne Porter.” That year she was also appointed to the American Academy of Arts and Letters.  She is known for her penetrating insight; her work deals with dark themes such as betrayal, death and the origin of human evil.
    1894 - In the aftermath of a fierce fight between Baltimore’s John McGraw and Boston’s Tommy Tucker, a devastating fire starts in the RF stands at Boston’s South End Grounds. The fire destroys $70,000 worth of equipment as well as the park, the only truly double-decked grandstand Boston would ever have. The fire spreads to adjacent blocks and eventually destroys or severely damages 170 buildings. The team moves to the Congress Street ballpark for several months before returning to the rebuilt Walpole Street park.
    1905 – Las Vegas, NV was founded when 110 acres, in what later would become downtown, were auctioned off. Perhaps the earliest visitors to the Las Vegas area were nomadic Paleo-Indians, who traveled there 10,000 years ago.  A young Mexican scout named Rafael Rivera is credited as the first non-Native-American to encounter the valley, in 1829.  Trader Antonio Armijo led a 60-man party along the Spanish Trail to Los Angeles later that year.  1844 marked the arrival of John C. Fremont, whose writings helped lure pioneers to the area. Downtown Las Vegas' Fremont Street is named after him.  Eleven years later members of the LDS Church chose Las Vegas as the site to build a fort halfway between Salt Lake City and Los Angeles, where they would travel to gather supplies. The fort was abandoned several years afterward. The remainder of this Old Mormon Fort can still be seen at the intersection of Las Vegas Boulevard and Washington Avenue.  The founding auction land was adjacent to the Union Pacific Railroad tracks. In 1911, Las Vegas was incorporated as a city.
    1905 – Abraham Zapruder (d. 1970) was born in Kovel, Russia.  An American clothing manufacturer who witnessed the assassination of President John F. Kennedy in Dallas on November 22, 1963. Zapruder unexpectedly captured the event in a home movie while filming the presidential limousine and motorcade as it traveled through Deale Plaze.  He chose to film on top of a 4-foot concrete abutment which extends from a retaining wall that was part of a concrete pergola on the grassy knoll north of Elm Street.
    1908 - President Theodore Roosevelt declares "Conservation is a national duty."
(Lower half of
    1911 – Fred Merkle of the New York Giants, of Merkle’s Boner fame in 1908, became the first Major Leaguer to get 6 RBIs in an inning.
    1911 - In Standard Oil Co. of New Jersey v. United States, the Supreme Court declared Standard Oil to be an "unreasonable" monopoly under the Sherman Antitrust Act, guilty of monopolizing the petroleum industry through a series of abusive and anticompetitive actions. and orders the company to be broken up.  Standard Oil allegedly used its size and clout to undercut competitors in a number of ways that were considered "anti-competitive," including underpricing and threats to suppliers and distributors who did business with Standard's competitors.
    1912 - Jazz arranger and composer Gil Evans (d. 1988) was born in Toronto. Evans, whose career was almost entirely in the US, first became known for his innovative writing for the Claude Thornhill orchestra in the 1940's. In the following decade, Evans collaborated with trumpeter Miles Davis for such classic jazz LPs as "Miles Ahead," "Porgy and Bess" and "Sketches of Spain." He is my favorite jazz composer/arranger. I have all his records; every one.,,428387,00.html
    1912 – Ty Cobb charges into the stands at Hilltop Park in New York and attacks a crippled heckler named Claude Lueker. Other fans and Tigers mix it up before order is restored. American League President Ban Johnson suspends Cobb indefinitely for the incident.  Cobb's teammates, supported by owner Frank Navin, went on strike to support him. On May 18, Johnson ordered the Tigers to field a team or face massive retribution. Navin obliged by hastily putting together a team of semi-pro players who were destroyed by the Philadelphia Athletics, giving up 26 runs. Fearful that the season would turn into a farce, Johnson relented and reduced Cobb's suspension to 10 days.
    1915 - Economist Paul Samuelson (d. 2009) was born in Gary, IN.  He is the first American to win the Nobel Prize in Economic Sciences. The Swedish Royal Academies stated, when awarding the prize, that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory."  Economic historian Randall E. Parker calls him the "Father of Modern Economics" and “The New York Times considered him to be the "foremost academic economist of the 20th century".  He won the David A. Wells prize in 1941 for writing the best doctoral dissertation at Harvard University in economics, for a thesis titled “Foundations of Analytical Economics”, which later turned into “Foundations of Economic Analysis,”, the seminal economics textbook is now in its 19th edition, having sold nearly 4 million copies in 40 languages, including Russian, French, Greek, Slovak, Chinese, Portuguese, German, Spanish, Polish, Japanese, Czech, Vietnamese, Hungarian, Indonesian, Swedish, Croatian, Dutch, Turkish, Hebrew, Italian, and Arabic.
    1918 – Country singer Eddy Arnold (d. 2008) was born in Henderson, TN.  He was a so-called Nashville sound (country/popular music) innovator of the late 1950s, and scored 147 songs on the Billboard country music charts, second only to George Jones, selling more than 85 million records. A member of the Grand Ole Opry (beginning 1943) and the Country Music hall of Fame (beginning 1966), Arnold ranked 22nd on Country Music Television’s 2003 list of "The 40 Greatest Men of Country Music.”
    1918 – “Dr. No,” Joseph Wiseman (d. 2009), was born in Montreal.         
    1928 – Mickey Mouse debuted in his first cartoon, Walt Disney’s "Plane Crazy."
    1930 - A man was killed when caught in an open field during a hailstorm northwest of Lubbock TX. It was the first, and perhaps the only, authenticated death by hail in U.S. weather records.
    1937 – The first female Secretary of State, Madeleine Albright, was born Marie Jana Korbelová in Prague, Czechoslovakia.
      1938 - Louis Armstrong records "When the Saints Go Marching In"
    1939 - The first commercial FM radio station in the United States launched in Bloomfield, CT. The station later became WDRC-FM.
    1940 – The winningest coach in NBA history, Don Nelson, was born in Muskegon, MI.  On April 7, 2010, he passed Lenny Wilkens for first place on the all-time NBA wins list with 1,333 wins.  His career record is 1,335–1,063 (.557). for which he was inducted into the Naismith Memorial Basketball Hall of Fame in 2012.
    1940 – The McDonald brothers, Richard and Maurice, opened their first restaurant, at 1398 North E Street at West 14th Street, San Bernardino, CA.

  Their introduction of the "Speedee Service System" in 1948 furthered the principles of the modern fast-food restaurant that the White Castle hamburger chain had already put into practice more than two decades earlier. The first McDonald's with the arches opened in Phoenix in March, 1953. The original mascot of McDonald's was a man with a chef's hat on top of a hamburger-shaped head whose name was "Speedee." In 1962, the Golden Arches replaced Speedee as the company symbol.
    1941 – Joe DiMaggio began his 56-game hitting streak with a single in four at bats against Eddie Smith of the Chicago White Sox.
    1942 - A bill creating the Women’s Army Auxiliary Corps (WAAC) was signed into law, by Public Law 554, and converted to full status as the WAC on 1 July 1943.
    1943 - General Sir Harold Alexander telegraphed Winston Churchill, who was in Washington attending a conference, "It is my duty to report that the Tunis campaign is over. All enemy resistance has ceased. We are masters of the North African shores." About 250,000 Germans and Italians surrendered in the last few days of the campaign. This Allied victory in North Africa helped open Mediterranean shipping lines.
    1947 – The Senate approved the Taft-Hartley Act limiting the power of unions.
    1948 – On the day before the signing of its declaration of independence, Israel suffers a tragic loss at the hands of Arab irregulars at the Kfar Etzion Massacre.  Following the expiration of The British Mandate for Palestine, Egypt, Transjordan, Lebanon, Syria, Iraq and Saudi Arabia invaded, thus starting the 1948 Arab-Israeli War.
    1949 - Top Hits
“Cruising Down the River” - The Russ Morgan Orchestra
   (vocal: The Skyliners)
“Forever and Ever” - Perry Como
“Careless Hands” - Mel Torme
“Lovesick Blues” - Hank Williams
    1951 – E Street drummer Max Weinberg was born in Newark, NJ.
    1952 – Ron Necciai of the Bristol Twins struck out 27 batters while throwing a 7-0 no-hitter against the Welch Miners in the Class D Appalachian League. He is the only pitcher ever to do so in a nine-inning, professional-league game.  Four hitters did reach base, a walk, error, hit batter, and a third-strike passed ball. Only two batters put the ball in play.  In his next start, Necciai threw a 24-strikeout two-hitter. In that season, he struck out 109 hitters in 43 innings with Bristol.
    1953 – Kansas City Royals’ Hall of Famer, George Brett was born in Glen Dale, WV.  During his 21-year career with the Royals, Brett's 3,154 career hits are the most by any third baseman in Major League history and 16th all-time. He is one of four players in MLB history to accumulate 3,000 hits, 300 home runs, and a career .300 batting average (the others being Hank Aaron, Willie Mays and Stan Musial). He was inducted into the Baseball Hall of Fame in 1999 on the first ballot and is the only player in MLB history to win a batting title in three different decades.
    1954 - President Dwight Eisenhower signed legislation authorizing US-Canadian construction of a waterway that would make it possible for oceangoing ships to reach the Great Lakes.  The construction of the St. Lawrence Seaway was underway.
    1954 - "The Pajama Game" made its debut on Broadway in New York City at the St. James Theatre, the first Broadway endeavor of producer Harold Prince. The show ran for 1,063 performances. John Raitt and Janis Paige starred in the leading roles. Carol Haney came to national fame for her rendition of the song, "Steam Heat." The movie version also starred Raitt along with Doris Day.
    1954 – Robin Roberts of the Philadelphia Phillies gave up a HR to the first batter, then retired 27 in a row.  The lead-off home run was hit by Bobby Adams of the Cincinnati Reds, who lost the one-hitter, 8-1.
    1955 - At tonight's show in Jacksonville, FL, Elvis Presley tells the girls who make up most of the 14,000-plus crowd that he'll "see (them) backstage." The crowd proceeds to do just that, ripping the King's clothes, causing Elvis' first-ever riot and, reportedly, convincing Tom Parker about Elvis' popularity once and for all.
    1955 – Mickey Mantle hit 3 consecutive home runs of at least 463'.
    1957 - Top Hits
“School Day” - Chuck Berry
“A White Sport Coat (And a Pink Carnation)” - Marty Robbins
“So Rare” - Jimmy Dorsey
“All Shook Up” - Elvis Presley
    1957 - Elvis begins filming his third movie, “Jailhouse Rock,” in Hollywood.
    1958 - During a visit to Caracas, Venezuela, Vice President Nixon’s car was attacked by anti-American demonstrators.
    1958 - Stan Musial of the St. Louis Cardinals got the 3,000th hit of his career, a pinch-hit double off Moe Drabowsky of the Chicago Cubs. “The Man” finished his career in 1963 with 3,630 hits, 1,815 at home and an equal number on the road. 
    1958 – Velcro was first registered as a trademark.
    1960 - The juvenile delinquent movie “Platinum High School,” starring Conway Twitty, opens in New York.
    1960 – The Free Speech Movement was born when hundreds of University of California students congregated in Berkeley for the first day of protest against a visit by the House Committee on Un-American Activities. Thirty-one students were arrested.
    1962 - The Beatles began their legendary stint at the new Star-Club in Hamburg, Germany. Performing three to four hours a night for 48 days, with only one day off, the group logged a total of 172 hours of performance. When they return to England, they were already stars with a recording contract.
    1963 - The final Mercury mission, Mercury-Atlas 9 with astronaut Gordon Cooper on board, was launched.  He becomes the first American to spend more than a day in space, and the last American to go into space alone.
    1963 - The Beach Boys released "Surfin' USA."
    1965 - Elvis Presley's sixteenth movie, “Tickle Me,” premieres in Hollywood.
    1965 - Top Hits
“Mrs. Brown You've Got a Lovely Daughter” - Herman's Hermits
“Count Me In” - Gary Lewis & The Playboys
“Ticket to Ride” - The Beatles
“Girl on the Billboard” - Del Reeves
    1966 – Federal education funding was withheld from 12 school districts in the South because of violations of the 1964 Civil Rights Act
    1967 - Slugging outfielder Mickey Mantle of the New York Yankees hit the 500th home run of his career against Stu Miller of the Baltimore Orioles. The homer propelled the Yankees to a 6-5 victory. Mantle finished his career in 1968 with 536 home runs, third on the all-time list at the time of his retirement after the next season. 
    1967 - The Rolling Stones played their first-ever gig behind the "Iron Curtain" with a performance in Warsaw. When the club became overrun by kids without tickets, the local police reacted by dispersing the crowd with tear gas.
    1969 - DUNAGAN, KERN W., Medal of Honor
Rank and organization: Major, U.S. Army, Company A, 1st Battalion, 46th Infantry, Americal Division. Place and date: Quang Tin Province, Republic of Vietnam, 13 May 1969. Entered service at: Los Angeles, Calif. Born: 20 February 1934, Superior, Ariz. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Maj. (then Capt.) Dunagan distinguished himself during the period May 13 and 14, 1969, while serving as commanding officer, Company A. On May 13, 1969, Maj. Dunagan was leading an attack to relieve pressure on the battalion's forward support base when his company came under intense fire from a well-entrenched enemy battalion. Despite continuous hostile fire from a numerically superior force, Maj. Dunagan repeatedly and fearlessly exposed himself in order to locate enemy positions, direct friendly supporting artillery, and position the men of his company. In the early evening, while directing an element of his unit into perimeter guard, he was seriously wounded during an enemy mortar attack, but he refused to leave the battlefield and continued to supervise the evacuation of dead and wounded and to lead his command in the difficult task of disengaging from an aggressive enemy. In spite of painful wounds and extreme fatigue, Maj. Dunagan risked heavy fire on 2 occasions to rescue critically wounded men. He was again seriously wounded. Undaunted, he continued to display outstanding courage, professional competence, and leadership and successfully extricated his command from its untenable position on the evening of May 14. Having maneuvered his command into contact with an adjacent friendly unit, he learned that a 6-man party from his company was under fire and had not reached the new perimeter. Maj. Dunagan unhesitatingly went back and searched for his men. Finding 1 soldier critically wounded, Maj. Dunagan, ignoring his wounds, lifted the man to his shoulders and carried him to the comparative safety of the friendly perimeter. Before permitting himself to be evacuated, he insured all of his wounded received emergency treatment and was removed from the area. Throughout the engagement, Maj. Dunagan's actions gave great inspiration to his men and were directly responsible for saving the lives of many of his fellow soldiers. Maj. Dunagan's extraordinary heroism above and beyond the call of duty, are in the highest traditions of the U.S. Army and reflect great credit on him, his unit, and the U.S. Army.
    1969 – Emmitt Smith was born, Pensacola, FL.  The NFL’s all-time leading rusher during his fifteen seasons in the league during the 1990s and 2000s, he was a three-time Super Bowl champion with the Dallas Cowboys, Super Bowl XXVIII MVP, 8-time Pro Bowler, 4-time All-Pro, NFL leading rusher and touchdown leader 4 times, and 2-time MVP.  In the fall of 2006, Smith won the third season of “Dancing with the Stars” with professional dancer Cheryl Burke.  Smith is also one of only two non-kickers in NFL history to score more than 1,000 career points (the other being Jerry Rice). Smith was inducted into the Pro Football Hall of Fame in 2010 and the College Football Hall of Fame in 2006.
    1969 – Singer Diana Ross, having left The Supremes, made her first television appearance as a solo act, performing on Dinah Shore's NBC special “Like Hep.”
    1969 - California Governor Ronald Reagan fenced off from student anti-war protestors an impromptu student park owned by the University of California at Berkeley, sparking a riot.
    1970 - WINDER, DAVID F., Medal of Honor
Rank and organization: Private First Class, U.S. Army, Headquarters and Headquarters Company, 3d Battalion, 1st Infantry, 11th Infantry Brigade, Americal Division. Place and date: Republic of Vietnam, 13 May 1970. Entered service at: Columbus, Ohio. Born: 10 August 1946, Edinboro, Pa. Citation: Pfc. Winder distinguished himself while serving in the Republic of Vietnam as a senior medical aid man with Company A. After moving through freshly cut rice paddies in search of a suspected company-size enemy force, the unit started a thorough search of the area. Suddenly they were engaged with intense automatic weapons and rocket propelled grenade fire by a well-entrenched enemy force. Several friendly soldiers fell wounded in the initial contact and the unit was pinned down. Responding instantly to the cries of his wounded comrades, Pfc. Winder began maneuvering across approximately 100 meters of open, bullet-swept terrain toward the nearest casualty. Unarmed and crawling most of the distance, he was wounded by enemy fire before reaching his comrades. Despite his wounds and with great effort, Pfc. Winder reached the first casualty and administered medical aid. As he continued to crawl across the open terrain toward a second wounded soldier he was forced to stop when wounded a second time. Aroused by the cries of an injured comrade for aid, Pfc. Winder's great determination and sense of duty impelled him to move forward once again, despite his wounds, in a courageous attempt to reach and assist the injured man. After struggling to within 10 meters of the man, Pfc. Winder was mortally wounded. His dedication and sacrifice inspired his unit to initiate an aggressive counterassault which led to the defeat of the enemy. Pfc. Winder's conspicuous gallantry and intrepidity in action at the cost of his life were in keeping with the highest traditions of the military service and reflect great credit on him, his unit and the U.S. Army
    1970 - President Richard Nixon appointed Anna May Hayes and Elizabeth P. Hoisington the first female United States Army generals.
    1971 - Aretha Franklin, the 'Queen of Soul,' received a gold record for her version of "Bridge over Troubled Water," originally a Paul Simon and Art Garfunkel tune. 
    1973 - Top Hits
“Tie a Yellow Ribbon Round the Ole Oak Tree” - Dawn featuring Tony Orlando
“You are the Sunshine of My Life” - Stevie Wonder
“Little Willy” - The Sweet
“Come Live with Me” - Roy Clark
    1973 - Tennis star Bobby Riggs defeated Margaret Court in a televised tennis match that was seen worldwide. He went on to face Billy Jean King, in a typical "Don King" hype, after appearing on many radio and television shows saying a man tennis player can always beat a woman tennis player. At that time Billy Jean King, his opponent, was still in the closet, and she whipped his butt at the Houston Astrodome. The event allegedly brought women's tennis to the forefront as a competitive sport with a growing legion of fans. It certainly made Riggs a lot of money, plus put him on a circuit for more as the man for women to beat. Died Oct. 27, 1995.
    1978 - Paul Anka opened a disco in Las Vegas named after his early gospel-disco number "Jubilation."
    1980 - After $8 million in ticket sales and 3,883 performances, a record run for the time (not to mention one major motion picture), the Fifties musical Grease closed on Broadway.
    1981 - Top Hits
“Morning Train (Nine to Five)” - Sheena Easton 
“Just the Two of Us” - Grover Washington, Jr./Bill Withers
“Bette Davis Eyes” - Kim Carnes
“Am I Losing You” - Ronnie Milsap
    1981 - A tornado 450 yards in width destroyed ninety percent of Emberson, TX. People did not see a tornado, but rather a wall of debris. Homes were leveled, a man in a bathtub was hurled a quarter of a mile, and a 1500 pound recreational vehicle was hurled 500 yards. Miraculously no deaths occurred in the tornado.
    1982 - The Chicago Cubs, charter members of the National League won the 8,000th game in their history, beating the Houston Astros in the Astrodome, 5-0.  The Cubs began their existence as the Chicago White Stockings in the National Association (1871, 1874-75) and moved to the National League in 1876. The team changed its name to the Colts in 1890, to the Orphans in 1898, and the Cubs in 1902.
    1983 – Reggie Jackson became the first Major Leaguer to strike out 2000 times.
    1984 - "The Fantasticks", playing at the Sullivan Theatre in Greenwich Village in New York City, became the longest-running musical in theatre history with performance number 10,000 on this night. "The Fantasticks" opened on May 3, 1960.
    1985 - During the siege of the radical group MOVE at Philadelphia, PA, police in a helicopter reportedly dropped a bomb containing the powerful military plastic explosive C-4 on the building in which the group was housed.  The bomb and the resulting fire left 11 persons dead (including four children) and destroyed 61 homes.
    1985 - Tony Perez became the oldest Major Leaguer to hit a grand slam home run. Perez hit the grand slam for the Cincinnati Reds, helping the Reds to a 7-3 win over the Houston Astros. Perez was just a month shy of his 43rd birthday when he connected for the big dinger.
    1985 - 'The Boss', Bruce Springsteen, married actress/model Julianne Phillips in ceremonies in Lake Oswego, OR. The couple went their separate ways in 1989. Springsteen's hit, "I'm on Fire," was in the top ten when the couple tied the wedding knot. Springsteen remarried in June of 1991, this time to a member of his E Street Band, Patti Scialfa, a true Jersey Girl, with whom he remains married. Despite his popularity, Springsteen has never had a number one song. His closest to the top of the pop music charts was a four-week stay at number two with "Dancing in the Dark" (June/July, 1984). Springsteen has had 11 hits in the top ten. 
    1989 - Top Hits
“I'll Be There for You” - Bon Jovi
“Real Love” - Jody Watley
“Forever Your Girl” - Paula Abdul
“Is It Still Over?” - Randy Travis
    1989 - Thunderstorms developing along a warm front produced severe weather in the Southern Plains Region during the afternoon and night. A thunderstorm at Killeen, TX produced wind gusts to 95 mph damaging 200 helicopters at Fort Hood causing nearly $500 million damage. Another thunderstorm produced softball size hail at Hodges, TX.
   1990 - Thunderstorms developing ahead of a cold front spawned ten tornadoes from eastern Wyoming to northern Kansas, including seven in western Nebraska. Thunderstorms forming ahead of a cold front in the eastern U.S. spawned five tornadoes from northeastern North Carolina to southern Pennsylvania. Thunderstorms over southeast Louisiana deluged the New Orleans area with four to eight inches of rain between 7 AM and Noon.
    1991 - A way ahead of its time, Apple introduced an improved version of its Macintosh system software, called System 7.0. The new system let all Macintoshes share files in a network without the intervention of a server, and it also introduced "balloon help" - pop-up text windows offering helpful hints.
    1994 - After nine years of a very public marriage, Billy Joel and Christie Brinkley announced they have separated. They divorced later in the year.
    1994 – Johnny Carson made his last television appearance on “The Late Show with David Letterman.”  He died in 2005.
    1997 – Eddie Murray became the sixth player in MLB history to play in 3000 games.
    2014 - A shipwreck off Haiti may be that of the Santa Maria, one of the three ships led by Christopher Columbus.  The wreck was discovered in 1994, but was only now tentatively identified in light of Columbus' writings and other evidence.
    2015 - Google began testing self-driving cars on the streets of Mountain View, California this summer.  The company has tested modified versions of existing vehicles but will now test cars developed specifically for self-driving.




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