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Monday, May 15, 2023


Today's Leasing News Headlines

Certified Lease and Finance Professions Foundation
    Adds 14 New CLFPs --  With Photos
Academy for Certified Lease & Finance Professionals
    May, 2023 to October, 2023 Updated
Webinar: State Financial Disclosure
  Legislation Around the Country Tuesday, May 16
    12:00-1:00 p.m. ET -- Worth the Fee for Non-Members
Leasing and Finance Industry Help Wanted
    Now Hiring for these departments/Careers
The Top 5 Things NOT to Do on an
  Interview (with a Dash of Sarcasm)
     By Ken Lubin, ZRG Partners
Bank Failures Put Squeeze on Construction Loans
  Which Trickle Down to All Related Businesses
    By Leslie Shaver, Senor Reporter, ConstructionDive
2023 ELFA Annual Convention:
    Call for Presentations Due July 11
Mixed Breed
    Philadelphia, Pennsylvania  Adopt-a-Dog
Comparing the Speed of Interest Rate Hikes
    Chart (1988 - 2023)
News Briefs ---
Washington Governor Enacts Bill Authorizing
    Cannabis Interstate Commerce
End of a love affair: AM radio
   is being removed from many cars
The Greatest Wealth Transfer in History Is Here,
     With Familiar (Rich) Winners
Amazon Overhauls Delivery Network
    to Dispatch Packages Faster, More Cheaply

You May Have Missed ---
Bobi, the world’s oldest dog,
celebrates 31st birthday

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
Sales Make It Happen

Sports Briefs
   California News
    "Gimme that Wine"
 This Day in History
  SuDoku
   Daily Puzzle
    GasBuddy
     Weather, USA or specific area
      Traffic Live----
       Wordle

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified, but from the source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.


[headlines]
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Certified Lease and Finance Professional
Adds 14 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation is pleased to announce that 14 individuals who recently sat through the 8-hour online proctored CLFP exam have passed. They are:


Lauren Baingo, CLFP

Program Manager,
DLL


Jenna Bioughnach, CLFP

Team Lead, Inventory Finance Account Management
DLL


Christopher Corkery, CLFP

Senior Asset Sales Specialist
DLL


Cynthia Faucz, CLFP

Director of Operations
DLL


Fredric Fial, CLFP

Vice President, Sales,
Ascentium Capital LLC


Glen Gabriel, CLFP

Account Manager, Inside Sales
DLL


Bruce Hudson, CLFP

Assistant Vice President of Operations
North Mill Equipment Finance


Drew Mayer, CLFP

Senior Credit Analyst
Amur Equipment Finance


Jacie Moul, CLFP

AVP, Relationship Management
Amur Equipment Finance


Gregory Newberry, CLFP

Vice President of Equipment Finance
Trinity Capital, LLC


Juli Nunnikhoven, CLFP

Business Development Manager
DLL


James Owings, CLFP

AVP, IT Originations Platform
North Mill Equipment Finance


Amanda Steele, CLFP

Senior Product Owner
DLL


Theresa Vetter

CLFP
Account Manager, DLL

The CLFP Foundation values continued education, and we see that value appreciated by many recent CLFP graduates.

Greg Newberry of Trinity Capital shares, “The CLFP is a separator for Lease and Financial professionals. The choice is, do you have a job, or do you have a career? The CLFP title is that distinguishing factor.

“For me, it was an easy choice to continue to educate myself. The course material covered both information I knew and some information that was new to me. That is what I valued most: the complete education the course offered. I would recommend this course to anyone wanting to expand their financial career.”

The CLFP designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the commercial equipment finance industry.

There are Certified Lease & Finance Professionals and Associates located throughout the United States (including Puerto Rico), Canada, India, Africa, and Australia.

For more information, visit http://www.CLFPFoundation.org



[headlines]
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Academy for Certified Lease & Finance Professionals
 May to October Updated

The Academy for Lease and Finance Professionals (ALFP) is a three-day event designed to fully prepare an individual to sit for the CLFP exam assuming the attendee has already self-studied. A trend has begun in having virtual online sessions.

During the first two days, all of the required sections of the CLFP exam are covered in-depth. On the third day, the exam is offered but is not mandatory and may be taken on another day.

Students are strongly advised to have read and studied The Certified Lease & Finance Professionals' Handbook prior to attending the class in order to ensure success. 

Public, USBEF, Virtual ALFP
May 16 – May 18

First Citizens Bank Equipment Finance Private,
Virtual ALFP
May 24 – May 26

AP/TCUSA Private, Virtual ALFP
Jun 7 – 9, 2023

TEL Public, In-Person ALFP
June 28 – 29, 2023

Leasepath Public, Virtual ALFP
Aug 8 – 9, 2023

GAIG In-Person ALFP
August 18 – 16, 2023

Stearns Public, In-Person ALFP
September 19 – 29

Great America Private, In-Person ALFP
October 10 – 17

Professional Handbook for Taking the Test in 2023
https://www.amazon.com/dp/B09TZM6SJ9?ref_=pe_3052080_397514860

About Academy
https://clfpfoundation.org/academy-for-lease-and-finance-professionals

Professional Handbook for Taking the Test in 2023
https://www.amazon.com/dp/B09TZM6SJ9?ref_=pe_3052080_397514860

About Academy
https://clfpfoundation.org/academy-for-lease-and-finance-professionals

[headlines]
--------------------------------------------------------------

Webinar: State Financial Disclosure
Legislation Around the Country Tuesday, May 16, 2023
12:00-1:00 p.m. ET -- Worth the Fee for Non-Members

SFNet presentation is not just aimed at business loans, hard asset transactions, Factoring, Merchant Cash Advance, but all business loans and equipment leasing.

SFNet notes fifteen states currently have either introduced or passed financial disclosure laws around the country. In this webinar, SFNet’s Advocacy Committee chair and vice chair, along with three seasoned secured finance executives, will unpack what you need to know about the various bills and their unintended consequences.

Panelists:
Hamid Namazie, McGuireWoods LLP
Jonathan Helfat, Otterbourg P.C.
Sydnee Breuer, Rosenthal & Rosenthal, Inc.
Mark Hafner, Celtic Capital Corp.
Christy Morgan, Republic Business Credit


Pricing
Members $0
Non-Members $95

Registration:
https://ams.sfnet.com/eweb/DynamicPage.aspx?webcode=EventInfo&Reg_evt_ke

[headlines]
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Leasing and Finance Industry Help Wanted
Highly Trained Operation Staff/Work from Home
Excellent Compensation/Marketing Support


[headlines]
--------------------------------------------------------------

The Top 5 Things NOT to Do on an
Interview (with a Dash of Sarcasm)

The Ultimate Hire by Ken Lubin, ZRG Partners

Job interviews can be like a circus act—high stakes, nerves, and the potential for unexpected surprises. While we want you to succeed, it's equally entertaining to discuss the common blunders candidates make during interviews. So, sit back, relax, and enjoy this sarcastic take on the top five things you absolutely shouldn't do during an interview. Seriously, don't do them.

  1. Arriving Unprepared: Why bother researching the company, its values, or the industry? Who needs that valuable insight? Just wing it! Show up clueless and let the interviewer marvel at your lack of interest and commitment. Forget about standing out from the crowd with thoughtful questions and intelligent conversation. Improvise your way through the interview like a jazz musician who's never seen sheet music. That'll surely impress them!
  2. Appearing Disinterested or Arrogant: Confidence is overrated, right? Slouch in your chair, cross your arms, and give off an air of complete disinterest. Show the interviewer how unimpressed you are with their company and the role you're interviewing for. Who needs enthusiasm or engagement anyway? Bonus points for rolling your eyes and checking your watch repeatedly. You've got better things to do, like watching paint dry.
  3. Speaking Negatively About Past Employers: Gossip and trash talk make for excellent interview conversation topics. Complain about your previous boss, colleagues, or how your cat could have done a better job running the company. Employers love to hear all about your inability to get along with others and your excellent skills in sabotage. Remember, badmouthing past experiences is like giving a golden ticket to the unemployment factory.
  4. Lacking Confidence in Your Abilities: Why should you believe in yourself when you can undermine your own skills? Downplay your achievements, belittle your talents, and apologize for even daring to think you're qualified for the position. Be a master of self-deprecation and impress the interviewer with your remarkable ability to self-sabotage. And don't forget to mention that time you spelled your own name wrong on your resume. Classic!
  5. Neglecting Professionalism: Who needs professionalism when you can make the interview a casual hangout session? Show up in your pajamas, eat a bag of chips during the interview, and answer questions with "yeah," "nah," or "whatever, dude." Remember, it's all about being comfortable and showing your true, unfiltered self. Send a follow-up email with an emoji-filled subject line and sign it with "xo" to seal the deal. You're hired!

Alright, enough sarcasm for one day. In all seriousness, interviews are important opportunities to showcase your best self. Avoiding these comedic don'ts—being unprepared, disinterested, negative, lacking confidence, and neglecting professionalism—can significantly increase your chances of success. So, go out there, be prepared, show enthusiasm, stay positive, exude confidence, and maintain professionalism. And if you manage to add a sprinkle of humor, well, that's just the icing on the cake. Good luck, you hilarious go-getter!

Ken Lubin
Managing Director
ZRG Partners, LLC
Americas I EMEA I Asia Pacific
C: 508-733-4789
https://www.linkedin.com/in/klubin/

"What is the Ultimate Hire? The Ultimate Hire is the professional that every business, team or leader needs in their organization. This is the high performance individual that always rises to the top, brings the team to the next level and can significantly add to the bottom line. The Ultimate Hire is the person that you can't afford to be without. Finding, Attracting, Hiring and Retaining these professionals is critical to the success of your business. We have identified these traits and can help you find these top professionals.

The Ultimate Hire Collections:
http://leasingnews.org/Conscious-Top%20Stories/ultimate.html



[headlines]
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Bank Failures Put Squeeze on Construction Loans
Which Trickle Down to All Related Businesses
By Leslie Shaver, Senor Reporter, ConstructionDive

The lending environment, which has grown more treacherous over recent weeks, could dampen new multifamily starts by as much as 60%, according to one executive.

On the surface, the recent collapses of Silicon Valley Bank, Signature Bank and First Republic Bank shouldn’t harm the multifamily sector as much as other commercial real estate asset classes.

Recent data from research firm MSCI shows that local and regional banks hold a relatively small percentage of apartment loans. Over the last decade, they have only made between 10% and 20% of first mortgage originations to multifamily borrowers. In comparison, the office, retail, industrial and hotel sectors all received a higher percentage of their loans from these lenders.

However, with tighter lending standards at local and regional banks after the recent collapses, one type of financing is being hit especially hard. Developers had a difficult time getting construction loans before the bank failures, but now the situation is even worse.

“Construction debt is hard to get,” said Matt Enzler, senior managing director for the North Texas division of Dallas-based developer Trammell Crow Residential, the nation’s No. 5 largest builder in 2022, according to the National Multifamily Housing Council.

Those problems promise to curtail the number of apartments being built. Ric Campo, CEO at Houston-based REIT Camden, expects to see a 60% reduction in starts due to these banking issues.


Ric Campo, CEO at Houston-based REIT Camden, stated, “I just think that developers are crafty enough to keep their legacy deals in place, and that’s why you haven’t seen a dramatic falloff in starts,” Campo said. “But it’s starting to happen, especially since the banking crisis has created, in essence, almost another 25 basis point or 50 basis point rate increase as a result of those banks just pulling out of the market altogether.”

Making a bad situation worse

For apartment developers, difficulty getting construction loans began long before the collapse of Signature and SVB in March. But the bank failures haven’t helped the situation. “Debt availability has changed even more materially in the last couple of weeks because of [the collapses],” Enzler said.

Regulator scrutiny of smaller lenders has made it harder for borrowers to get financing, according to a number of developers. For instance, Eddie Lorin, founder and CEO of Calabasas, California–based affordable builder Alliant Strategic Development, is facing difficulty getting financing for a project in Las Vegas.

“One of our lenders told me that there’s no way they were going to fund a $100 million construction loan this year after what just happened,” Lorin said. “[We thought] they were going to be the land lender and the natural takeout as our construction lender.”

On Camden’s first quarter 2023 earnings call last month, Campo said that he was recently contacted by a developer in Florida who put together a fully funded deal with roughly 40% equity invested. After the SVB collapse, the lender pulled out of the deal and the developer lost a significant amount of money in the process.

“When I talk to my friends at regional banks, I mean, they’re not funding deals that they thought they would fund in the future,” Campo said.

Higher interest rates and tighter debt service coverage started to limit proceeds last year, according to Enzler. On top of that, banks lent a lot of money for apartment development in 2020, 2021 and 2022 with the expectation that the developers would sell projects. But when the sales market slowed, builders suddenly had to hold their developments and banks were stuck with the loans.

“The regional banks and big money center banks have way more construction loans [on their books] than they expected,” Enzler said. “They expected a runoff and that runoff was not happening. Therefore they can’t make any more construction loans or they are going to be very selective and only do certain loans with their best clients.”

First published on Multifamily Dive


[headlines]
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### Press Release ############################

2023 ELFA Annual Convention:
Call for Presentations Due July 11

Convention will focus on the theme “Future 360”

WASHINGTON, D.C. – The Equipment Leasing and Finance Association today announced the Call for Presentations for the 2023 ELFA Annual Convention. Proposals to speak at the event, which is the largest annual gathering of equipment finance professionals, are due Tuesday, July 11. The convention will take place Oct. 22-24 at the JW Marriott Phoenix Desert Ridge in Phoenix, Arizona.

The convention will focus on the theme “Future 360.” In today’s rapidly changing world, how can you avoid tunnel vision and keep an eye on the big picture to help your business succeed? The 62nd ELFA Annual Convention will offer a 360-degree view of the evolving equipment finance marketplace. The agenda will examine a wide range of critical industry trends and upcoming developments—business, economic, technological and legislative—and what they mean for the future of your business and the industry at large.

We have a lot to talk about: new market opportunities… technology innovations… new regulatory requirements… evolving customer desires… changing workforce expectations… the economic outlook… and more. We’ll also address critical “people power” issues, from sourcing and developing talent, to driving diversity, equity and inclusion in the workplace, to welcoming the next generation of leaders.

ELFA welcomes presentation proposals on topics of interest to a wide range of equipment finance industry members and conversations that spark connection. The association will be looking for intriguing session ideas that capture the climate in today’s business environment and address issues facing the industry. ELFA encourages submissions from speakers and panels representing diverse backgrounds, leadership roles and generations.

To review the Call for Presentations and submit a session proposal by July 11, please visit

https://www.elfaonline.org/events/2023/ac/62nd-annual-convention-call-for-proposals

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 575 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. ELFA has been equipping business for success for more than 60 years. For more information, please visit https://www.elfaonline.org/

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


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Mixed Breed
Philadelphia, Pennsylvania  Adopt-a-Dog


Clementine
ID 53456
Female
42 lbs.
Age: 3 -4 years

Sensitive sweetie searching for her special someone!

Meet Clementine! This darling pup loves her people, and she seems to have a rather solid foundation of living in a home. Social, gentle, and wiggly, Clementine is well mannered indoors, and picks up new skills very quickly! She does have a tendency to counter surf or sniff out a potential snack, so doggie-proofing the house should be on your to-do list before bringing this exuberant girl home. If you’re in the market for a shadow, Clementine would happily fill that role for you: she loves nothing more than following her people around the house. She also knows how to keep herself busy, though, and settles well in her crate when her foster parent leaves the home.

Clementine is very sweet like her name describes, but she can also be a bit on the nervous side outside of the home, specifically in response to loud noises. Since she is a sensitive soul, Clementine is looking for a patient family who will work with her to build her confidence and get her more comfortable in the big, scary world. Thankfully Clementine is VERY motivated by food, so she has a ton of potential to work through this over time! Though Clementine is comfortably living as a solo pup, she could benefit from a confident dog friend to show her the ropes, and she would prefer to spend her time in outside of the city or in a quieter neighborhood.

If a cuddly piglet is on your wish list, Clementine is your girl. Apply to adopt and make her yours: Location: Grays Ferry Clinic

​All our dog meets are by appointment only; to get started, please complete the adoption application. To learn more about this dog, please contact us at adoptions@phillypaws.org or 215-298-9680 ext. 16.urs today!

Application:
https://phillypaws.org/dog-adoption-application/

Paws Animal Welfare Society
100 N. 2nd Street (at Arch)
Philadelphia, PA 19106
adoptions@phillypaws.org

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Comparing the Speed of Interest Rate Hikes
(1988 - 2023)

Full Article:
https://www.visualcapitalist.com/interest-rate-hikes-1988-2023

 

[headlines]
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News Briefs---

Washington Governor Enacts Bill Authorizing
    Cannabis Interstate Commerce
https://www.cannabisnewswire.com/420-with-cnw-washington-governor-enacts-bill-authorizing-cannabis-interstate-commerce/

End of a love affair: AM radio
    is being removed from many cars
https://www.msn.com/en-us/news/us/end-of-a-love-affair-am-radio-is-being-removed-from-many-cars/ar-AA1b8VO1

The Greatest Wealth Transfer in History Is Here,
    With Familiar (Rich) Winners
https://www.nytimes.com/2023/05/14/business/economy/wealth-generations.html

Amazon Overhauls Delivery Network
    to Dispatch Packages Faster, More Cheaply
https://www.wsj.com/articles/amazon-overhauls-delivery-network-to-dispatch-packages-faster-more-cheaply-c10be8b9?st=7p0ifqxnrmprkdn&reflink=desktopwebshare_permalink

 

[headlines]
--------------------------------------------------------------


Bobi, the world’s oldest dog,
    celebrates 31st birthday
https://www.cnn.com/2023/05/13/world/bobi-oldest-dog-31-birthday-trnd/index.html

9 Stylish Dogs at Westminster
New York Times Styles Desk
https://www.nytimes.com/2023/05/10/style/westminster-dog-show-photos.html

[headlines]
--------------------------------------------------------------


Sports Briefs---

What You Need to Know About the 2023 NFL Schedule Release
https://www.si.com/extra-mustard/2023/05/10/nfl-schedule-release-what-you-need-to-know

[headlines]
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California News Briefs---

Layoffs by San Francisco Companies Near 50,000.
     Here’s the Latest List of Firms That Cut staff
https://sfstandard.com/research-data/tracking-layoffs-san-francisco-companies-job-cuts/

Why dozens of downtown San Jose
    storefronts are vacant
https://sanjosespotlight.com/why-dozens-of-downtown-san-jose-storefronts-are-vacant/

Newsom urges fiscal ‘prudence’ amid
     $31.5 billion shortfall
https://www.courthousenews.com/newsom-urges-fiscal-prudence-amid-31-5-billion-shortfall/


[headlines]
--------------------------------------------------------------

Gimme that Wine

 

Gloria Ferrer vineyards a Sonoma County pioneer
     in using AI to monitor crops
https://www.pressdemocrat.com/article/lifestyle/gloria-ferrer-vineyards-a-sonoma-county-pioneer-in-using-ai-to-monitor-crop/

The 15 Best Wines In 2023 So Far
https://www.tastingtable.com/1255933/best-wines-2023/

Archaeologists uncover elaborate ancient
winery among Roman ruins
https://www.thedrinksbusiness.com/2023/04/archaeologists-uncover-elaborate-ancient-winery-among-roman-ruins/

Oregon State researchers make breakthrough in
   understanding the chemistry of wildfire smoke in wine
https://today.oregonstate.edu/news/oregon-state-researchers-make-breakthrough-understanding-chemistry-wildfire-smoke-wine

[headlines]
----------------------------------------------------------------

This Day in American History

    1761 – The first life insurance policy in North America issued in Philadelphia.  
    1798 - Canada: Chippewa cede 28,000 acres in Ontario, including present-day site of Toronto, for 101 British pounds.
    1802 - Martha Washington (1731-1802), our first First Lady (the title was not coined until after her death), passed away at Mount Vernon.  By 1799, the number of Martha Washington's "dower" slaves had grown to 153; George Washington owned 124 people, and at least a dozen Washington-owned slaves intermarried. Washington's will stipulated that his own slaves were to be set free after his wife's death so that intermarried families would not be broken up.  In January 1801, Martha freed her husband's slaves, just over a year after his death.   A remarkable woman who was also “first in our hearts of her country.” 
http://memory.loc.gov/ammem/today/may22.html
    1803 – The first public library opened, in Connecticut.
    1804 - The Lewis and Clark Expedition officially began as the Corps of Discovery departed from St. Charles, Missouri.
    1807 - Former Vice-President Aaron Burr was on trial for "assembling an armed force...to seize the city of New Orleans...and to separate the Western from the Atlantic states."  He was later acquitted.
    1807 - Townsend Speakman first sold fruit-flavored carbonated drinks, in Philadelphia.
    1819 - The SS Savannah left Savannah, GA on a voyage to become the first steamship to cross the Atlantic. The ship arrived at Liverpool, England, on June 20.
    1842 - Farmers Lester Howe and Henry Wetsel discovered Howe Caverns when they stumbled upon a large gaping hole in the ground.
    1843 - 1,000 men, women, and children climbed aboard their wagons and steered their horses west out of the small town of Elm Grove, Missouri. The train comprised more than 100 wagons with a herd of 5,000 oxen and cattle trailing behind. Dr. Elijah White, a Presbyterian missionary who had made the trip the year before, served as guide. The first section of the Oregon Trail ran through the relatively flat country of the Great Plains. Obstacles were few, though the river crossings could be dangerous for wagons. The danger of Indian attacks was a small but genuine risk. To be on the safe side, the pioneers drew their wagons into a circle at night to create a makeshift stockade. If they feared Indians might raid their livestock (the Plains tribes valued the horses, though generally ignored the oxen) they would drive the animals into the enclosure. Although many neophyte pioneers believed Indians were their greatest threat, they quickly learned that they were more likely to be injured or killed by a host of more mundane causes. Obstacles included accidental discharge of firearms, falling off mules or horses, drowning in river crossings, and disease. After entering the mountains, the trail also became much more difficult, with steep ascents and descents over rocky terrain. The pioneers risked injury from overturned and runaway wagons.
Of the 1,000-person party that made the journey in 1843, the vast majority of pioneers on the trail survived to reach their destination in the fertile, well-watered land of western Oregon. The migration of 1844 was smaller than that of the previous season, but in 1845, it jumped to nearly 3,000. Thereafter, migration on the Oregon Trail was an annual event, although the practice of traveling in giant convoys of wagons gave way to many smaller bands of one or two-dozen wagons. The trail was heavily traveled until 1884, when the Union Pacific constructed a railway along the route.
    1844 - Mary Cassatt (1844-1926) was born in Allegheny City, PA.  She was the only U.S. painter to exhibit with the French Impressionists. She is known for her paintings of women and children because, some say, such subject matter did not challenge any male egos and it was the price she had to pay to be accepted into the French Impressionists’ school. In fact, she liked to paint women and children and it enabled her to expand in an un-crowded field. The natural posing of her subjects is still unsurpassed. She resided in France most of her life and in her late 50s, began to have eye problems that forced her to stop painting at age 70. Although often described as a "old maid," her diary reveals love affairs - some with women.
http://www.ibiblio.org/wm/paint/auth/cassatt/ 
http://www.metmuseum.org/explore/cassatt/html/indexl.html 
http://www.boston.com/mfa/cassatt/ 
http://www.artcyclopedia.com/artists/cassatt_mary.html 
http://www.nga.gov/collection/gallery/ggcassattptg
/ggcassattptg-main1.html

    1849 – Abraham Lincoln received a patent, the only US president to do so, for a device to lift a boat over shoals and obstructions.
    1856 - Southern Congressman Preston Brooks savagely beats Northern Senator Charles Sumner in the halls of Congress as tensions rise over the expansion of slavery. Wielding the cane he used for injuries he incurred in a duel over a political debate in 1840, Brooks entered the Senate chamber and attacked Sumner at his desk, which was bolted to the floor. Sumner's legs were pinned by the desk so he could not escape the savage beating. It was not until other congressmen subdued Brooks that Sumner finally escaped. Brooks became an instant hero in the South and supporters sent him many replacement canes. He was vilified in the North and became a symbol of the stereotypically inflexible, uncompromising representative of the slave power. The incident exemplified the growing hostility between the two camps in the prewar years. Sumner did not return to the Senate for three years while he recovered. 
    1861 - The first Union solider killed in the Civil War was Bailey Thornsberry Brown, Company B, 2nd West Virginia Volunteer Infantry. He was engaged in obtaining recruits and ambushed by Confederate pickets at Fetterman, near Grafton, WV. 
http://www.callwva.com/facts/discover.cfm
    1863 – The War Department established the Bureau of Colored Troops.  The designation United States Colored Troops replaced the varied state titles that had been given to the African American soldiers.  President Lincoln did not authorize use of African Americans in combat until issuance of the Emancipation Proclamation on January 1, 1863: "And I further declare and make known, that such persons of suitable condition, will be received into the armed service of the United States to garrison forts, positions, stations, and other places, and to man vessels of all sorts in said service."  The bureau was to systematize the process of raising black units and securing officers for them. It also served as a clearinghouse of information on these units. Over the course of the next year, the War Department began to change the names of black commands. Instead of state designations, they became United States Colored Troops and the various units became United States Colored Infantry, Artillery, or Cavalry.  The USCT was disbanded in the fall of 1865. In 1867, the Regular Army was set at ten regiments of cavalry and 45 regiments of infantry. The Army was authorized to raise two regiments of black cavalry and four regiments of black infantry who were mostly drawn from USCT veterans.
    1872 – President Grant signed the Amnesty Act into law restoring full civil and political rights to all but about 500 Confederate sympathizers.
    1884 – One-armed pitcher Hugh Daily, pitching for the Chicago Browns of the Union Association, fanned 13 hitters. He had lost his left hand to a gun accident earlier in his life. Later, on July 7, he struck out 20, a record that would stand until Tom Cheney of the Washington Senators tied it more than 75 years later.  A right-hander who played six seasons for seven different teams, in 1883 and 1884, he won 20 or more games each season, while finishing in the top ten among league leaders in major pitching categories. Daily established the pitching record for strikeouts in a season (later surpassed), tied a record by tossing two consecutive one-hitters, broke the record for one-hitters in a season, and threw a no-hitter. 
    1892 - Birthday of Ralph Peer (1892-1960) in Kansas City, Missouri, the most notable talent scout of the 1920's. Peer, who discovered such artists as Jimmie Rodgers and the Carter Family, was appointed recording director for Okeh Records in 1920. He first began recording blues artists, but when the rival Victor Company scored a hit with Wendell Hall's hillbilly song, "It Ain't Gonna Rain No More," in 1923, he was authorized to organize field recording centers throughout the US South. Peer's first session with Fiddlin' John Carson proved to be a landmark in country music. By 1927, Peer was working for Victor records, and in August of that year assured himself a place in country music history by recording the first sessions of both Jimmie Rodgers and the Carter Family. In 1928, Peer formed the Southern Music Publishing Company, which continues today as the Peer-Southern Organization, a multi-million-dollar concern. 
    1900 – The Associated Press organized in NYC as a non-profit news cooperative.
    1902 - One of the world's deepest lakes, Crater Lake, in south central Oregon, was first discovered in 1853. In 1885, William Gladstone Steele saw the lake and made it his personal goal to establish the lake and surrounding areas as a national park. His goal was attained 17 years late. The lake partly fills a nearly 2,148-foot-deep caldera that was formed around 7,700 years ago by the collapse of the volcano Mount Mazama. There are no rivers flowing into or out of the lake; the evaporation is compensated for by rain and snowfall at a rate such that the total amount of water is replaced every 250 years. With a depth of 1,949 feet, the lake is the deepest in the United States. In the world, it ranks ninth for maximum depth, and third for mean (average) depth.
http://www.crater-lake.com/picture.htm
http://www.nps.gov/crla/
http://www.drizzle.com/~rdpayne/smithbros/
    1902 - Marie Poland Fish’s (d. 1989) birthday, Paterson, NJ.  An ichthyologist, at 21, she discovered where eels laid their eggs, a puzzle that for 2,000 years was one of the great mysteries of science. Eels are a staple food source in much of the world and the discovery enabled the enlargement of the crops. In later years, she was awarded U.S. Navy's Distinguished Public Service Award for her work in oceanography and as a marine biologist. Her inventions enabled the Navy to distinguish between large schools of fish and enemy submarines with sonar.
http://www.gso.uri.edu/fishsounds/Notice.html 
http://www.amazon.com/exec/obidos/ASIN/0801811309/fast-bkasin-20/
002-0667839-4443242

    1902 - President Theodore Roosevelt signed a treaty with Mexico under which both countries agreed to submit a long-standing dispute over interest payments to the Court of Arbitration at The Hague
    1906 – The Wright Brothers patented an aeroplane.
    1906 - A British garrison left Esquimalt, on the Pacific coast, after a military occupation that began in 1858: these were the last British soldiers stationed in Canada.
    1910 – Johnny Olson (1910-85), the voice of “The Price is Right,” was born in Windom, MN.
    1911 - The temperature at Lewiston, Maine soared to 101 degrees. It was the hottest reading ever recorded in New England during the month of May.
    1911 – Boston Braves P Cliff Curtis lost his 23rd game in a row.  His Major League career lasted from 1909 to 1913, during which he never had a winning season. 
    1914 - Birthday of Le Sony'r Ra, born Herman Poole Blount (d. 1993) and better known as Sun Ra, in Birmingham, AL.  He was a pioneering and innovative jazz musician whose Avant Garde performances mixed elements of theater with his surreal composition and performance style.   http://www.alamhof.org/sunra.htm 
http://www.furious.com/perfect/sunra.html
    1915 – Lassen Peak erupted and is the only mountain, other than Mount St. Helens, to erupt in the continental US during the 20th century.
    1924 - Birthday of French singer Charles Aznavour (d. 2018) in Paris.
    1928 – Singer Jackie Cain’s (1928-2014) birthday in Milwaukee, WI. 
http://www.fantasyjazz.com/catalog/cain_j_cat.html
http://www.jazzvalley.com/musician/jackie.cain
    1928 – T. Boone Pickens’ (d. 2019) birthday in Holdenville, OK.  Pickens chaired the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. As of November 2016, Pickens had a net worth of $500 million. 
    1930 – With the Babe smacking three long HRs in consecutive at-bats, the Yankees went on to hit a total of 14 in that game.
    1930 - Birthday of Harvey Bernard Milk (1930-78), gay rights activist and San Francisco city Supervisor, (early nickname "Glimpy Milch) in Woodmere, Long Island, New York.  He was the first openly gay person to be elected to public office in California when he won a seat on the San Francisco Board of Supervisors in 1977.  Milk served almost 11 months in office and was responsible for passing a stringent gay rights ordinance for the city. On November 27, 1978, Milk and Mayor George Moscone were assassinated by Dan White, another city supervisor who had recently resigned but wanted his job back.
http://www.imdb.com/title/tt1013753/
http://harveymilkstory.com/life.html 
    1934 - Birthday of pianist and conductor Peter Nero, born Bernard Nierow in Brooklyn.
    1937 - British jazz traditionalist Kenny Ball (d. 2013) was born in Ilford, England. He had a string of hits during what was known as the "Traditional Jazz" (Dixieland) craze in Britain in the early 1960's. "Midnight in Moscow" was Ball's only hit in North America. A similar arrangement of the tune is used by Radio Moscow as its signature on English-language shortwave broadcasts. 
    1938 – The Brooklyn Dodgers announced plans to install lights at Ebbets Field.  At the first night game ever held at Ebbets Field, on June 15, 1938, Johnny Vander Meer of the Cincinnati Reds threw his second straight no-hitter, becoming the only man to ever throw consecutive no-hitters in the Majors. 
    1942 - The Steel Workers Organizing Committee disbanded and a new trade union, the United Steelworkers, was formed.
    1942 – Ted Williams enlisted in the Marines as a flight instructor.  In addition to serving in World War II, Williams was recalled to fly during the Korean War.  He narrowly escaped death when his jet fighter, damaged after a strafing, exploded after landing just seconds after Williams was able to escape.
    1942 – The Unabomber, Ted Kaczynski, was born in Evergreen Park, IL.  Between 1978 and 1995, he killed three people and injured 23 others in an attempt to start a revolution by conducting a nationwide bombing campaign targeting people involved with modern technology.  Kaczynski was the subject of the longest and most expensive investigation in the history of the Federal Bureau of Investigation. After his arrest in 1996, Kaczynski tried unsuccessfully to dismiss his court-appointed lawyers because they wanted him to plead insanity in order to avoid the death penalty, whereas he did not believe that he was insane. In 1998, a plea bargain was reached under which he pleaded guilty to all charges and was sentenced to life in prison without possibility of parole.
    1943 – The man for whom the surgery is named, Tommy John, was born in Terre Haute, IN.  Often forgotten are the 288 games he won in the Majors, the seventh-most by a lefty in Major League history.  That is more than 32 members of the Baseball of Hall of Fame of which John is not a member.
    1945 - Army Major Robert B. Staver recommended that the U.S. evacuate German scientists and engineers to help in the development of rocket technology.
    1946 – The first rocket to reach edge of space was fired from White Sands Missile Range, NM.
    1947 - Congress approved the Truman Doctrine in order to contain Communism after World War II. It provided for US aid to Greece and Turkey. A corollary of this doctrine was the Marshall Plan, which began sending aid to war-torn European countries in 1948.
    1950 - Pop lyricist Bernie Taupin was born in Sleaford, England. Taupin has been closely linked throughout his career with rock star Elton John, and for most of the 1970's the two were a virtual hit factory, putting 23 singles in the Billboard Top 40, including five that made number one. Among the chart-toppers were "Crocodile Rock" and "Bennie and the Jets."
    1950 - Top Hits
“My Foolish Heart” - The Gordon Jenkins Orchestra (vocal: Eileen Wilson)
“Bewitched” - The Bill Snyder Orchestra
“If I Knew You Were Comin' I'd've Baked a Cake” - Eileen Barton
“Birmingham Bounce” - Red Foley
    1952 - San Francisco's first Jazz Festival on Sunday Evening will be headlined by Louis Armstrong and his troupe. Also on the program are the Dave Brubeck Quartet, Anita O'Day and the Four Freshman. 
    1953 - Charlie Parker begins the recording session that produced some of his unforgettable albums with strings and voices. This day he cut “Old Folks,” “If I Love Again,” and “In the Still of the Night.” He was a jazz genius and performer. The background may sound “tinny” due to the recording abilities in those days, but Parker's alto saxophone solos shine through today with brilliance and his melodies are quite apparent, something questioned in 1953. I listen to this album quite often and have never been bored hearing it again. In fact, it is really a classic, as each time I play it, I swear it is better and I hear something I did not before.
http://www.cmgww.com/music/parker/ 
http://www.kcpl.lib.mo.us/sc/bio/parker.htm
http://www.amazon.com/exec/obidos/ASIN/B0000046WK/inktomi-musicasin-20/
104-5094193-3483111

    1955 – Comedian Jack Benny signed off his last live network radio broadcast after a run of 23 years. Joining Milton Berle and his best friend George Burns, his television shows became as popular as his radio shows, as he brought along with him his announcer Don Wilson; bandleader Phil Harris; Eddie ‘Rochester' Anderson; singer Dennis Day; and his wife, Mary Livingstone.
http://www.liketelevision.com/web1/classictv/jbenny/jbenny2.html
    1955 - Police in Bridgeport, Connecticut cancel a dance at the Ritz ballroom featuring Fats Domino. Authorities say the cancellation is because they discovered that "Rock and Roll dances might be featured" and justify their action by citing "a recent near riot at the New Haven Arena" where Rock and Roll dances were held. 
    1956 – The last “Bob Hope Show” aired on NBC.
    1958 - Jerry Lee Lewis arrives at London's Heathrow Airport to begin his first British tour, along with his new bride, 14-year-old third cousin, Myra. Although advised not to mention it, Lewis answers all questions about his private life, truthfully. The public's shock over Lewis' marriage marks the start of a controversy which eventually ruins his career. The London Morning Star runs an editorial calling Lewis "an undesirable alien" and calls for his deportation, leading to his British tour being cancelled after just 3 of the scheduled 37 performances.  
    1958 - Top Hits
“All I Have to Do is Dream” - The Everly Brothers
“Return to Me” - Dean Martin
“Johnny B. Goode” - Chuck Berry
“Just Married” - Marty Robbins
    1959 - Benjamin O. Davis, Jr., became the first African-American major general in US Air Force.
    1960 - Virtually all coastal towns between the 37th and 44th parallels were severely damaged by a tsunami that struck Hilo, Hawaii.
    1961 - The first revolving restaurant was dedicated, The Top of the Needle, located at the 500-foot level of the 500-foot-high steel and glass tower at the Century 21 exposition, Seattle, WA. It contained 260 seats and revolved 360 degrees in an hour. Above the restaurant was an observation deck and above that, a beacon. It was designed by John Graham and Company.  http://www.spaceneedle.com/  Today, there is the Space Needle, privately owned and operated.
    1962 – The Yankees’ Roger Maris walked five times, four intentionally.
    1963 - Mickey Mantle of the New York Yankees hit a home run off Bill Fisher of the Kansas City Athletics as the Yankees beat the A's, 8-7. Mantle's blast caromed off the rooftop facade at Yankee Stadium and came within a few feet of becoming the only homerun ever hit out of that park.  Teammates and fans claimed the ball was still rising when it hit the 110-foot high facade, then caromed back onto the playing field.  This was but one of three hit off the façade by Mantle in his career, the closest anyone has ever come to hitting one out of Yankee Stadium.
    1964 – President Lyndon Johnson announced the goals of his Great Society social reforms to bring an "end to poverty and racial injustice" in America. 
    1965 - The Beatles attained their eighth Billboard number one hit with "Ticket to Ride," on which Paul McCartney, not George Harrison, played lead guitar. 
    1965 - Jackie DeShannon released "What the World Needs Now Is Love."
    1966 - Bruce Springsteen and his band, the Castiles, recorded two songs co-written by Springsteen. The recordings, Springsteen's first, were never released. He and the Castiles did, however, perform several dates at New York's Cafe the following year.
    1966 - Top Hits
“Monday Monday” - The Mamas & The Papas
“Rainy Day Women #12 & 35” - Bob Dylan
“When a Man Loves a Woman” - Percy Sledge
“Distant Drums” - Jim Reeves
    1967 - Premiere of “Mr. Rogers” on TV. “Won't You Be My Neighbor?” Presbyterian minister, Fred Rogers, hosted this long-running PBS children's program Puppets and human characters interacted in the neighborhood of make-believe. Rogers played the voices of many of the puppets and educated young viewers on a variety of important subjects.  The last episodes of the program were filmed in 2001. Almost 2,000 episodes were produced over the show's history.
http://www.misterrogers.org/
    1967 - Florence Ballard made what would be her last appearance with the Supremes, performing "The Happening" on tonight's episode of NBC-TV's “Tonight Show.”  A founding member of the Supremes, she sang on 16 top 40 singles with the group, including ten number-one hits. Ballard struggled with alcoholism, depression, and poverty for three years. She was making an attempt at a musical comeback when she died of a heart attack in February 1976 at the age of 32.  Ballard's death was considered by one critic as "one of rock’s greatest tragedies." Ballard was posthumously inducted into the Rock and Roll Hall of Fame as a member of the Supremes in 1988.
    1968 – The nuclear-powered submarine USS Scorpion sunk with 99 men aboard 400 miles southwest of the Azores.
    1970 - The “Guess Who” from the Winnipeg, Canada area earned a gold record for both the album and single, "American Woman." It would be one of three million-seller awards for the group. Their other hits included, "These Eyes," "Laughing" and "No Sugar Tonight." The group, which dates back to 1963, disbanded in 1975, with several reunions since then. 
http://www.canadianbands.com/btopage.html
http://home.golden.net/~flasher/
    1972 - President Richard Nixon became the first American president to visit Moscow. Four days later, on May 26, Nixon and Soviet leader Leonid Brezhnev signed a treaty on antiballistic missile systems and an interim agreement on limitation of strategic missiles.
    1972 - No. 1 Billboard Pop Hit: "Oh Girl," Chi-Lites.
    1974 - President Nixon confessed his role in the Watergate cover-up. 
    1974 - Top Hits
“The Streak” - Ray Stevens
“Dancing Machine” - The Jackson 5
“The Entertainer” - Marvin Hamlisch
“Country Bumpkin” - Cal Smith
    1977 - Janet Guthrie became the first woman driver to qualify for the Indianapolis 500 with an average speed of more than 188 miles per hour. She lasted only 27 laps in the race, dropping out when her car broke a valve seal.
    1979 - Cheap Trick's "Live at Budokan" LP was certified gold in the US. It eventually sold more than one-million copies, delaying the release of the follow-up album, "Dream Police." 
    1980 – The highly popular video game “Pac-Man” was released by Namco.
    1982 - Top Hits
“Ebony and Ivory” - Paul McCartney with Stevie Wonder
“Don't Talk to Strangers” - Rick Springfield
“I've Never Been to Me” - Charlene
“Just to Satisfy You” - Waylon & Willie
    1985 – Pete Rose scored his 2,108th run and passed Hank Aaron as the NL run scoring leader
    1985 - “Fortune” Magazine named Sears, Roebuck as the nation's largest retailer for the 21st year in a row.
    1985 - No. 1 Billboard Pop Hit: "Everything She Wants," Wham!
    1985 - "A View to a Kill," the 14th James Bond film and the last to star Roger Moore, also starring Grace Jones and Christopher Walken (…more cow bells, I need more cow bells!!!), premiered in San Francisco.
    1987 - A powerful F4 tornado obliterated the small southwest Texas community of Saragosa, destroying 85 percent of the structures in the town. The tornado claimed 30 lives and injured 121 others in the town of only 183. The twister hurled trucks and automobiles through adobe and wood-frame homes with some blown over 500 feet. Many of the victims were parents or grandparents of children who died sheltering them from flying debris during a ceremony for head start for four-year-olds.
    1989 - Nearly 30 years after the "payola" law destroys the career of DJ Alan Freed, it's finally used to convict someone in the record industry: promo man Ralph Tashjian is found guilty of distributing cocaine and money to radio stations to get more airplay for, among others, Bruce Springsteen.
    1990 - The Cincinnati Reds intentionally walked outfielder Andre Dawson of the Chicago Cubs a record five times in a 16-inning game. Dawson's five free passes broke the record held by Roger Maris and Garry Templeton. 
    1990 - Microsoft unveiled Windows 3.0 at gala events in twenty cities around the world, linked by satellite to a theater in New York City. The show featured a speech by Bill Gates, as well as laser lights, videos, and surround sound. Microsoft spent $10 million publicizing the new release in what was generally regarded as the most expensive software introduction to date. While PIK, IBM, Apple and others tried to promote their operating system, even with 12 floppy disks, Microsoft sold three million copies of Windows 3.0 as it was quite “user friendly.”
    1990 - Top Hits
“Vogue” - Madonna
“All I Wanna Do is Make Love to You” - Heart
“Hold On” - Wilson Phillips
“Walkin' Away” - Clint Black
    1991 – NFL owners agreed to add two teams – the Carolina Panthers and the Jacksonville Jaguars - to begin play in 1995.
    1992 - After almost 30 years as host of the "Tonight" show, Johnny Carson hosted his last show. The show began as a local New York program on Dumont that was purchased by NBC, and Steve Allen was the first host of the network show. Carson became host on October 1, 1962, taking over from Jack Paar, with side kick Ed McMahon and Doc Severinsen, longtime band leader. In a split with the network, David Letterman went to CBS as Jay Leno was chosen to take over the spot.  “The Tonight Show Starring Johnny Carson” was ranked No. 12 on TV Guide’s 50 Greatest TV Shows of All Time and, in 2013, it was ranked No. 22 on their list of 60 Best Series. 
    1992 - Replacing Tom Runnells, Felipe Alou is named as the manager of the Montreal Expos. The eventual second-place Montreal club is 17-20 at the time.
    1993 - The first movie was broadcast on the Internet by its director David Blair. It was his cult science-fiction film “Wax: Or the Discovery of Television Among the Bees.” Blair uploaded the film in digital video format for viewing world-wide.
http://www.thekitchen.org/MovieCatalog/Titles/Wax.html
http://www.rc3.org/archive/inform/4/9.html
http://www.amazon.com/exec/obidos/ASIN/630303165X/inktomi-videoasin-20/
104-5094193-3483111 

http://fusionanomaly.net/waxorthediscoveryoftelevisionamongthebees.html
    1996 - Garth Brooks celebrated his 60-millionth album sold with a 1960s theme party in Nashville. The Recording Industry Association of America said Brooks was the best-selling country artist of all-time and the second-highest selling artist ever in the US. Only the Beatles had sold more. Third place belongs to Billy Joel, who has not released a new song in a decade.
    1997 - The hit-making Fleetwood Mac lineup of Mick Fleetwood, John McVie, Christine McVie, Lindsey Buckingham and Stevie Nicks reunited for their first full-fledged public performance in 15 years. The show, on a soundstage at Warner Brothers studio in Burbank, California, was one of two taped for an MTV special and a live album. Nicks stopped the concert - twice - because she forgot the words to "Dreams," Fleetwood Mac's only number-one single.
    1998 - A federal judge ruled that United States Secret Service agents can be compelled to testify before a grand jury concerning the Lewinsky scandal involving President Bill Clinton.
    2000 - At the ASCAP Pop Music Awards, Steely Dan receives the lifetime songwriting achievement Founders Award.
    2001 - For the second time this season, Barry Bonds homers in six consecutive games. His nine homers during this span established a National League mark. Senators' slugger Frank Howard's 1968 feat of hitting 10 homers in six games is the Major League record.
    2002 – In Washington, DC, the remains of the missing Chandra Levy were found in Rock Creek Park but were too decomposed to shed any light on her death.
    2002 - A jury in Birmingham, Alabama, convicted former Ku Klux Klan member Bobby Frank Cherry of the 1963 murders of four girls in the bombing of the 16th Street Baptist Church.
    2003 – Annika Sorenstam became the first woman to play the PGA Tour in 58 years.    
    2003 - Arturo Moreno purchases the World Champion LA Angels from Walt Disney for $184 million to become the third owner in the 43-year history of the franchise. The 56-year-old outdoor advertising tycoon, who is a fourth-generation Mexican-American, is the first Hispanic to have a controlling interest in a Major League club.
    2004 - Hallam, Nebraska was wiped out by a powerful F4 tornado that broke a width record at an astounding 2.5 miles wide. It also killed one local resident.
    2011 - An F5 Tornado struck Joplin, Missouri, killing at least 158 people, the single deadliest US tornado since modern record keeping began in 1950.
    2012 - Yahoo! sold its stake in Alibaba Group for $7.1 billion.
    2013 - Ibragim Todashev, a suspect under FBI questioning in Orlando, Florida, for his connections to the April, 2013 Boston Marathon bombing, was shot dead after attacking an agent during the course of questioning.  He had allegedly attacked the agent, with a pipe or stick, while writing a statement about the Boston Marathon bombings and a triple homicide in Waltham, MA, on September 11, 2011. The investigators involved in the incident said that Todashev had implicated both himself and Tamerlan Tsarnaev in the Waltham murders before he was killed.

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