“The battle, sir, is not to the strong alone; it is to the vigilant, the active, the brave. Besides, sir, we have no election. If we were base enough to desire it, it is now too late to retire from the contest. There is no retreat but in submission and slavery! Our chains are forged! Their clanking may be heard on the plains of Boston! The war is inevitable -- and let it come! I repeat it, sir, let it come!

 

“It is in vain, sir, to extenuate the matter. Gentlemen may cry, "Peace! Peace!" -- but there is no peace. The war is actually begun! The next gale that sweeps from the north will bring to our ears the clash of resounding arms! Our brethren are already in the field! Why stand we here idle? What is it that gentlemen wish? What would they have? Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty, or give me death! “

 

Patrick Henry

March 23, 1775

 

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                              Kit Menkin's Leasing News

              www.leasingnews.org  Wednesday, September 11, 2002

  Accurate, fair and unbiased news for the equipment Leasing Industry

                       --posted daily at www.leasingnews.org---

     Tuesday Leasing News posted at 10:30 am PDT

        at www.leasingnews.org----other features, such as classified ads,

are posted  at different times of the day-----

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

 

We plan to meet this morning, say a prayer to those who died and

suffered from the terrorist attack, plus thank both professionals and volunteers,

for their devotion.

 

            Kit Menkin

 

            "While the storm clouds gather far across the sea,
             Let us swear allegiance to a land that's free,
             Let us all be grateful for a land so fair,
             As we raise our voices in a solemn prayer. "

            God Bless America,
            Land that I love.
            Stand beside her, and guide her
            Thru the night with a light from above.
           From the mountains, to the prairies,
          To the oceans, white with foam
          God bless America, My home sweet home.

 

 Irving Berling

1918/1938*

 

 

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

 

 

 

Jeremy Glick Explains His Death

- To the September 11 Terrorists

 

 

 

There was no hope amid the clouds,

We knew that we would come to grief;

"Nor public men, nor cheering crowds",

Nor thought of paradise, belief

 

Divine reward awaits the brave,

As you believe, who kill for God.

It is for none of these we gave

Our lives to fate. You think it hard

 

That we aboard Flight 93

And those beneath the Towers' fall

Are different in our bravery

From you who answered Allah's call?

 

America, in this it thrives:

Our martyrs die while saving lives.

 

 

 

Jeremy Glick was one of the passengers on Flight 93 who, it is believed, fought against the hijackers, causing the aircraft to crash short of its intended target.

 

        The quotation is from Yeats's "An Irish Airman Foresees His Death"

 

Barry S. Marks, Esq.

 bmarks@blik.com

 

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           A time to reflect

 

San Francisco Bay Area businesses honor victims of Sept. 11

 

Carolyn Said, San Francisco Chronicle Staff Writer

 

 

Flags will fly at half-staff and moments of silence will predominate, as Bay Area companies commemorate the first anniversary of the Sept. 11 terrorist attacks.

 

Low-key, patriotic gestures will be the order of the day. A lengthy roster of firms will observe a moment of silence, including Intel, Hewlett-Packard, Gap Inc., Levi Strauss & Co., Albertson's Inc., the Federal Reserve Bank, Bank of America, Wells Fargo, Cisco, Charles Schwab, Yahoo, TechTV, Network Associates, JDS Uniphase, Extreme Networks and Neoteris.

 

Although the official moment of silence requested by President Bush is at 5: 46 a.m. Pacific time -- the moment when the first plane struck the World Trade Center -- because of the time difference, many companies are simply setting aside a minute at noon or another point in the day.

 

Other companies have no specific plans but will support employees in honoring the day individually. Some will sponsor community-oriented events, such as blood drives or volunteer activities, while others will collect donations for families of the victims. Several firms will offer grief counseling. Some companies that lost employees in the attacks will close their doors for part or all of the day.

 

No matter how they plan to approach the anniversary, no one considers Wednesday a day for business as usual.

 

"Sept. 11 is one of those days that will be on every single person's mind," said Frank Scanlan, a spokesman for the Society for Human Resource Management. "People remember where they were and what they were doing the first time they saw the video footage. . . . It has touched everyone very personally . . .

 

"It's important if organizations decide to do something, that they be sensitive to the emotions of the day. Some organizations are doing a moment of silence, others will have several TVs on in conference rooms, airing the different commemorative ceremonies taking place so people can go down, reflect and do it on their own, privately."

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It is appropriate that we get back to business, not only for our families, but

the world to see that we are a strong country, who survive the Enron’s, the

Worldcom’s, the Tyco’s, the CMC’s, and remain solvent, despite the terrorists and

the crooks.

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    e-Mail Removal Form:  \http://65.209.205.32/LeasingNews/removalform.asp

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

 

 

Pictures from the Past

 

                      

1987

Joe Woodley, CLP

 

                               

              

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

 

 

Classified Ads here are four from:

 

http://65.209.205.32/LeasingNews/JobPosting.htm

 

 

 

Sales Manager: Hartford,  CT

Director of Equipment Lease Division with credit/collateral evaluation, marketing & operations experience. Simultaneously coordinated efforts to develop new vendor business. Email:pkumiega@peoplepc.com

 

Sales Manager: Rancho Santa Margarita, CA

Senior level sales mgr./ extensive underwriting skills seeking an opportunity. Have experience in large ticket deals, middle market and international. Willing to relocate. I can help you thrive! Email:cilfinco@aol.com

 

Sales Manager: Atlanta, GA

30 years in transportation Finance with strong management/ sales background. Represented company on national & region markets. Started two successful operations- produce profits and growth. Email:mike.leonard@mindspring.com

 

Sales Manager: New York, NY

I have over 25 years owning an independent leasing company that specialized in truck leasing. Tow trucks, Limos, ambulances, tractors, etc.. Email:rfleisher@rsrcapital.com

 

 

Headlines----

 

Nov.9th NAELB Marina del Rey Details-Cost $95 any assoc. member

   Congratulations to Rob Crivello, Newest CLP

     Where is Ken Goodman?---at Midwest Leasing Group

       Two New Features---On Line: Alerts   Bad Boys

        Fitch: Work Stoppage May Impact US West Coast Seaport Rtgs

         Foreclosure Rate Is Rising

          Bank of West hoping its shtick will stick in new market

           Forecast of PC sales/leasing tumbles

             " Monday Night Football" wisely lets Madden carry show

 

         The Impact of 9/11 on the English Language

 

               President George W. Bush  September 11,2002

 

#### Denotes Press Release

 

_____________________________________________________________________

 

 

 

November 9th NAELB Meeting Marina del Rey Details—Cost $95 any assoc. member

 

The NAELB will hold a Regional Conference on November 9th, 2002, at the

Marina del Rey Hotel in Marina del Rey, California,

(http://www.marinadelreyhotel.com/ ).

 

 The one day meeting will kick-off with a humorous skit lampooning brokers, lessors, lenders, and lessees, and some of the idiosyncrasies and pitfalls of our business.  The working content will include two morning sales workshops, meetings with funder

members, and a special afternoon panel of lenders discussing the near term

funding picture and including break out discussion groups and summaries.

 

The day will close with a networking reception.  Chairperson for the

conference is NAELB Member, Rick Wilbur, of Media Capital Associates, LLC.

The whole day promises to be both informative and fun.

 

Cost for broker attendees from any association is only $95.00 and includes lunch.  For more information, call the NAELB office toll-free at: (800) 996-2352 or e-mail:

mailto:info@naelb.org.

 

On Friday night, the 8th, the night before the meeting, the whole NAELB

Board will host a Meet & Mingle Reception.  All industry professionals are

invited to meet our Board, learn about our association, talk shop, gossip or

just kick back and have fun.  Reservations will be necessary, though.

Again, just call our office at the number above or e-mail us.

 

We look forward to seeing all our members and other industry friends on

Friday night and Saturday, November the 8th and 9th, in Marina del Rey,

California.

 

Gerry Egan

President

NAELB

 

President

TecSource, Inc.

 

5621 Departure Drive, Suite 113

Raleigh, NC 27616

 

Phone: 919-790-1266

Fax: 919-790-2262

E-Mail: mailto:GerryEgan@ForEquipmentLeasing.com

Internet: www.ForEquipmentLeasing.com

 

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

 

Congratulations to Rob Crivello, Newest CLP.

 

The CLP Foundation Board of Directors would like to congratulate Rob Crivello, CLP, President of Windsor Capital Finance, Inc. and welcome him as our newest Certified Lease Professional.

 

For those leasing professionals who are currently working with a CLP Mentor or reading one of the recommended books in preparation for the CLP exam, there will be a CLP Review Class offered on Thursday, Oct. 3 at the UAEL Fall Conference in

San Diego. 

 

The exam will be offered on Sunday, Oct. 6 following the Conference, if you are ready to go.

 

For further information please call Cindy Spurdle, Executive Director, at 610/687-0213 or visit our web site --

www.clpfoundation.org.

 

Thank you,

 

Cindy

 

Cindy Spurdle

Executive Director

CLP Foundation

Cindy@clpfoundation.org

PH: 610/687-0213

FAX:610/687-4111

 

 

Where is Ken Goodman?---at Midwest Leasing Group

 

I've just joined Midwest Leasing Group, Inc. of Livonia, Michigan.  I'm setting up a western regional office for them, handling marketing and sales projects, and spearheading their new broker program. 

 

I'm excited about the association. Midwest is a long established and well capitalized company.  I've known their President, Curt MacRae, for some time and consider him one of the most ethical guys in the business. 

 

Midwest is also one of the few companies approved to do business with HP/Compac and we intend to build on that relationship by offering unusually attractive arrangements to strategic partners (heck, I gotta give you someone else to plug besides Bruce Zwillinger on that front).

 

Hope all is well with you.  I look forward to seeing you in San Diego next month.

 

Regards,

 

Ken Goodman, CLP

kendg@msn.com

 

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Two New Features---On Line

 

 In the  Index and on the tool bar of Top Stories at www.leasingnews.org

 

Alerts---

  http://www.leasingnews.org/Conscious-Top%20Stories/alerts.htm

 

    (Alerts sent into us by readers about vendors or other frauds, we will

 now start to save and post here )

 

Bad Boys

  http://www.leasingnews.org/Conscious-Top%20Stories/bad_boys.htm

 

  (They may be out of today’s news or top stories, but they will be located

here for readers and guests to find by browser as “bad boys.”  For the ladies

who take umbrage with the name, no apology; it is mailman, not mailperson; it

is chairman, not chairperson; and for all mankind, not personkind.  And yes,

we do have a woman in “bad boys”---see The Funding Tree. editor )

 

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Fitch: Work Stoppage May Impact US West Coast Seaport Rtgs

 

NEW YORK----Fitch Ratings continues to monitor all US West Coast seaport ratings, because of the potential for a work stoppage causing negative credit pressure if contract discussions do not progress between the International Longshore and Warehouse Union and the Pacific Maritime Association (an association of shipping lines).

 

Historically, port work stoppages have lasted for several months and have had a material financial impact on the economy. However, Fitch's West Coast port ratings, averaging 'AA' to 'A,' are relatively well insulated and the credits should remain stable, unless a work stoppage continues long-term. The strong revenue bond ratings reflect the inherent strength of the port industry, its importance to the overall US economy, and the role of West Coast ports with regard to Pacific Rim trade. All five Fitch-rated seaports function primarily as landlord ports, leasing facilities to shipping companies, terminal operators, and developers. Therefore, labor issues have a somewhat minor effect on each port's financial operations. Also, all of the five Fitch-rated ports generate excess cash on an annual basis, have sufficient reserves including a debt service reserve fund, and achieve shipping efficiencies with regard to the cargo handled. Capital investments in the terminals, wharves, and intermodal projects have positioned these ports well for future growth. Therefore, it is unlikely that businesses would opt to use distant ports or alternative modes of transport during a short work stoppage.

 

However, if there is a long-term work stoppage, then credits may be negatively impacted. Businesses could opt to route goods through ports in Mexico and Canada or truck goods to other US ports. Air transport is another option. Also, although most port revenues are based on long-term fixed contracts, these contracts might include force major  work interruption clauses. Furthermore, all variable revenues would be lost during a work stoppage.

 

Individually, the various ports would likely fare differently during a work stoppage. The Port of Seattle (revenue bonds, rated 'AA') is particularly sensitive due to its proximity to the Port of Vancouver, Canada, especially in terms of the transfer of perishable items. Yet, capacity at the Port of Vancouver remains an issue. The Port of Oakland (revenue bonds, 'AA-') is primarily an export port; therefore much of the locally grown produce and technology items manufactured in the Bay Area will be transferred via another medium or just delayed. The Port Commission of the City and County of San Francisco (revenue bonds, 'A') will likely be the least affected, as the bulk of its revenues are derived from real estate leases. The Harbor Department of Los Angeles (revenue bonds, 'AA') and the City of Long Beach (harbor revenue bonds, 'AA'), each rely on long-term fixed revenue contracts; however, the percentage of fixed-to-total revenues varies substantially at these two ports, so the impact of a work stoppage would likely differ.

 

Another credit potentially affected is the Alameda Corridor Transportation Authority (senior lien revenue bonds, rated 'A' and subordinate lien revenue bonds, 'BBB-'), which is a project consisting of a 20-mile, multi-track rail corridor linking the Ports of Long Beach and Los Angeles with the Los Angeles central rail yards. Although the project includes appropriate reserve levels, revenues are primarily derived from railroad user fees and container charges. A work stoppage may materially impact ACTA's financial performance.

 

It is estimated that 29 West Coast seaports with 10,500 members of the Longshore and Warehouse Union handle approximately $300 billion in trade annually. Although the most recent contract expired on July 1, 2002, discussions were progressing until Labor Day weekend when negotiations broke down. Contract talks resumed on, Wednesday, September 4, 2002; however the situation remains fragile and tenuous. Historically, dockworker strikes have lasted between 80-100+ days. However, the government has in the past invoked the Taft-Hartley Act to force labor back to work.

 

CONTACT:

 

Fitch Ratings

Jessica Soltz Rudd, 415/732-5616, San Francisco;

Peter Stettler, 312/368-3176, Chicago, or

Daniel C. Champeau, 212/908-0829, New York.

Media Relations:

Matt Burkhard, 212/908-0540, New York.

 

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Foreclosure Rate Is Rising

 

By BLOOMBERG NEWS

 

WASHINGTON — The foreclosure rate on home loans rose to the highest level in the 52 years records have been kept in the second quarter as more Americans lost their jobs, according to a new report.

 

The rate at which loans went into foreclosure rose to 0.4 percent of all mortgages, from 0.37 percent the previous quarter, the Mortgage Bankers Association of America said. The delinquency rate, or portion of all mortgages at least 30 days past due, rose to 4.77 percent, the highest since the 4.87 percent rate in the third quarter of last year and the second highest since 1991.

 

Rising unemployment offset the effects of falling mortgage costs, because those who lost their jobs were not able to refinance their loans and lower their payments. Unemployment averaged 5.9 percent in the second quarter, said Doug Duncan, chief economist at the trade group.

 

 

 

Bank of West hoping its shtick will stick in new market

 

By Michael Liedtke

 

ASSOCIATED PRESS

 

SAN FRANCISCO – Bank of the West has made a name for itself in six states during the past decade with a whimsical marketing campaign that mocks the sterile approach of larger rivals.

 

Now the San Francisco-based bank is ready to test its shtick on its biggest stage yet – Southern California.

 

To herald its arrival in Southern California, Bank of the West is launching an advertising blitz this week trumpeting how it has "gotten bigger by acting smaller."

 

The ads are designed to warm up the Southern California audience for Sept. 16 – the day Bank of the West will slap its name on 70 former United California Bank branches in Los Angeles, Orange, San Diego, Ventura, San Bernardino and Santa Barbara counties.

 

The new Southern California branches will mark Bank of the West's most ambitious step during a methodical expansion that has included 11 takeovers in 12 years.

 

None of the acquisitions has been as pivotal as Bank of the West's $2.4 billion purchase of United California Bank.

 

The deal fills a gaping void at a bank that has been trying to position itself as the West's most compelling alternative to the industry's giants.

 

"It's hard to say you are a West Coast bank if you aren't in Los Angeles," conceded Don McGrath, Bank of the West's chief executive officer. "This gives us the foundation that we needed in that market."

 

The United California acquisition also expands Bank of the West's presence in its more-established markets by adding 45 more branches in Northern California and the Central Valley.

 

Not all of the former United California branches in Northern California will stay open.

 

As part of an effort to reduce annual expenses by $75 million, Bank of the West is closing 16 Northern California branches and eliminating 600 administrative jobs.

 

While California represents Bank of the West's stronghold, it also operates 75 branches in five states – Oregon, Nevada, Washington, New Mexico and Idaho.

 

Bank of the West has made acquisitions in a series of deals backed by BNP Paribas, a French bank that has been a major shareholder throughout the shopping spree.

 

BNP assumed full ownership of Bank of the West's holding company, BancWest Corp., in a $2.5 billion deal late last year. BancWest also owns First Hawaiian Bank.

 

Bank of the West ranks among California's oldest banks, with a heritage dating to 1874, when it was known as the Farmers National Gold Bank.

 

With just a few dozen Northern California branches, the bank remained little known until it began its early 1990s expansion. Around the same time, Bank of the West started to turn heads with irreverent commercials and quirky promotions, such as an offer of free checking accounts for 120 years.

 

The formula has paid off. With $25 billion in assets, Bank of the West had earned $137 million through the first half of this year, nearly doubling its profit of $69 million at the same point last year.

 

"They have been very successful in bridging the gap between the big and small banks," said industry analyst Joseph Morford of RBC Capital Markets. "But it's going to take some time for them to stand out in Southern California because it's such a fragmented market."

 

With the United California takeover, Bank of the West inherits Southern California deposits totaling $5.5 billion in 236,000 customer accounts. That will still leave Bank of the West as a minor player in Southern California's $211 billion deposit market.

 

McGrath is confident Bank of the West can still make a significant splash in the market with a highly personal touch and catchy ads like the one featuring the bank's bear mascot ready to hit the beaches of Southern California.

 

"All banks have to have the same basic products with the same basic pricing, so we just have to show people we're a bank more in touch with the community," McGrath said.

 

______________________________________________________________________

 

 

 

Forecast of PC sales/leasing tumbles

 

 

By Hiawatha Bray, Boston Globe Staff

 

The long-awaited upsurge in personal computer sales/leasing will have to wait a little longer, according to Framingham-based market research firm International Data Corp.

 

In its latest quarterly estimate, IDC predicts that worldwide personal computer sales will grow by 1.1 percent in 2002, compared to its June estimate of 4.7 percent. The researchers also predict that 2003 sales will grow by 8.4 percent, but that's down from their previous 11 percent estimate.

 

''The momentum we saw coming into the second quarter has all but disappeared as businesses continue to postpone PC investments and consumer spending has slowed,'' said Loren Loverde, director of IDC's Worldwide Quarterly PC Tracker. ''Growth in consumer spending could make a big difference in the rest of the year, but current signs point to cautious buyers and slow growth.'' Loverde said a robust upsurge in PC sales may not come until the middle of next year.

 

The glum forecast echoes the unpleasant news from the nation's computer companies. Last week, Intel Corp., the leading maker of processor chips for PCs, predicted that its third-quarter sales would fall below $6.6 billion, compared to $6.3 billion in the second quarter. Ordinarily, the second quarter is the weakest for computer sales, while third-quarter revenues rise sharply, as consumers start buying computers for their children returning to school.

 

Last week, the Reuters news service quoted Michael Capellas, president of PC industry leader Hewlett-Packard Co., as saying that back-to-school PC sales haven't lived up to expectations. ''Back to school was a little softer than we expected,'' Capellas said. ''Normally we see about a 50 percent rise in demand, but this year it was only about 35 percent,''

 

According to the IDC report, the only bright spot is the Asia-Pacific region outside of Japan. Strong PC sales in China, Australia, and India will push growth in this region above 10 percent. But in the three other major markets - Japan, Western Europe, and North America - there are no signs of a strong recovery in the near future.

 

Indeed, IDC analyst Roger Kay said that the US computer market has matured, as almost every business and household that wants PCs now has them. ''For the time being, you're really looking at a replacement market,'' said Kay. As a result, he said, the booming sales of the 1990s won't return in the US market, even when the slump ends.

 

Hiawatha Bray can be reached at bray@globe.com.

 

" Monday Night Football" wisely lets Madden carry show

By Tim Kawakami

San Jose Mercury News

 

It was the right comparison (probably), from the right analyst (absolutely), at the right moment (before a back-breaking touchdown), offered with the right caveat.

 

It was John Madden, speaking with the authority he has long ago earned and from the prime-time stage for which he has always yearned.

 

It was the best and brightest sign that Madden and Monday nights will be a bracing partnership for as long as it lasts, and hopefully it'll be decades.

 

Midway through the third quarter, you could almost hear ABC's much-ballyhooed new ``Monday Night Football'' team click cleanly into perfect alignment when quarterback Tom Brady was driving the New England Patriots yet again and Madden was telling us why.

 

``I hate to say what I'm about to say, but I'm going to say it,'' Madden said, not sounding at all hesitant, as the Pittsburgh Steelers' defense backpedaled and groaned.

 

Play-by-play man Al Michaels didn't interrupt, and the director didn't throw junk on the screen to distract the viewer.

 

It was just the game, the viewers and Madden. Exactly the way Madden wanted it when he left Fox for the four-year, $20 million ABC deal.

 

``Tom Brady and his calmness remind me of Joe Montana,'' Madden said of the Serra High product who was the Super Bowl MVP in February but is hardly proven.

 

``I'm not saying Tom Brady is Joe Montana. . . . But he's not struggling. He's just back there and calm and reading. . . . That part of it reminds me of Joe Montana.''

 

Pittsburgh's Kordell Stewart, Madden didn't need to say, hardly evoked Montana comparisons (maybe Matt Cavanaugh?).

 

From anybody else, the Montana analogy might have sounded rushed and silly. But from Madden, never known for going ga-ga over young players (except maybe Randy Moss), it was powerful.

 

Then, boom, Brady fired a touchdown pass to put the Patriots up by 10, well on their way to a 30-14 rout, and Michaels could only offer a you-called-it nod.

 

You know who Madden reminded me of then? Not Dennis Miller.

 

SURE, NOBODY EXPECTED MADDEN to flub his regular-season ``MNF'' debut -- whatever awkwardness he might have experienced with Michaels after 21 years with Pat Summerall was ironed out in three preseason telecasts.

 

But you had to wonder: Would his legendary, free-form style, which fit so comfortably with Summerall, conform to ABC's sometimes rigid, bells-and-whistles-and-country-music production philosophy?

 

Could a network that hired Miller -- and kept him for two seasons! -- figure out that Madden is only Madden if you get out of his way and let him go?

 

I was worried when ABC trotted out a new computer-game graphic that highlighted a digital version of Patriots cornerback Ty Law celebrating after making a play.

 

``That looks like your game! Amazing!'' Michaels said.

 

Well, sure, it looked like Madden's hugely successful football video game. But what it failed to do, other than give the game a plug, was illustrate anything of meaning for the game under way.

 

THE MADDEN-MICHAELS TEAM ultimately will be judged by the Nielsen ratings, and I'm not sure Madden's presence will reverse the trend -- down about 20 percent in 2001 from 2000 and down 36 percent since 1994.

 

Still, trading Miller and under-used Dan Fouts for Madden clearly has sharpened Michaels (always the best, but often off track with Miller in the booth) and the production team.

 

Other positive signs:

 

• Jim McKay's spare, moving halftime essay on the upcoming 9/11 anniversary, which closed: ``What the families deserve is loving memories, some peace and dignity.''

 

• The shot of Patriots Coach Bill Belichick grabbing the red flag coaches carry to call for a review, then sticking it back into his sock. ``People call him a gym-rat coach,'' Madden said, ``so where else would he keep the flag but his sock?''

 

• Michaels, on top of his game, counting off New England's surprising streak of pass plays in the second and third quarters, all the way up to 25.

 

Believe me, I watch every NFL game I can. That statistic would've bypassed 80 percent of other announcers.

 

• The nod to Serra High, alma mater of Brady, Barry Bonds, former baseball player Gregg Jefferies and, as Madden quickly noted, his old friend UNLV Coach John Robinson.

 

• The shot of the prime minister of Japan, for some reason sitting in the owners box with former President Bush and Patriots owner Robert Kraft.

 

I winced out of reflex, waiting for a smart-aleck comment or mind-numbing, self-glorifying Miller reference. But, no, not this year, and hopefully for a few more decades.

 

This year: just a description from Michaels, then to Madden, and the game.

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The Impact of 9/11 on the English Language; The Terrorist Attacks a Year Ago Profoundly Changed the Way We Speak

 

   

    DANVILLE, Calif.---- yourDictionary.com, the world's leading language portal, today released "The Impact of 9/11 on the English Language."  "This Special Report details the profound changes in public and private discourse that have occurred since that fateful day," said Paul JJ Payack, President & CEO, "yourDictionary.com felt it appropriate to commemorate the day by providing some insight into precisely how the very nature of our speech has altered."

 

    Specifically, yourDictionary.com noted a significant impact in five areas of everyday speech:

 

 

    1. New words have entered our common vocabulary.

 

    Words like "Al Qaeda," "Bin Laden," and phrases like "holy war" were largely unknown in the English-speaking world until September 11, 2001. Few outside New York would have recognizes "Twin Towers" or "Taliban" had they heard them. Now they, and others, have become commonplace words if not historical names.

 

    2. The meanings of old words have changed drastically.

 

    Until 9-11, "ground zero" was used more and more often to refer to the starting point; the oft-encountered phrase "begin at ground zero" made it clear that we had forgotten "ground zero" was the point of contact of a nuclear bomb. That changed dramatically September 11. The meanings of other words, such as those of "hero" and "terrorism," have shifted less drastically but significantly nonetheless.

 

 

    3. We still lack some terminology. We do not have a name for the war on terrorism. It is not a conventional war nor a guerilla war or a "police action." It is fought by policemen and firemen as well as soldiers all around the globe including at home.

 

    Each of these areas is described in depth in the YDC Special Report.

 

    Dr. Robert Beard, YDC's CTO and Chief Linguistic Officer, added "Great historical events always leave their imprint on the character of our language. A look at our discourse since September 11th, already reveals the way our world, our country and our selves have changed as a result of that event."

    The complete online version report can be found of the yourDictionary guide can be found at: http://www.yourdictionary.com/about/ news.html

 

    About yourDictionary.com

    The Premier Global Language Portal

 

    yourDictionary.com (YDC) provides the most comprehensive and authoritative portal for language, and language-related products and services on the World Wide Web. Its website contains more than 2400 selected dictionaries and grammars representing more than 300 languages. More than 1,000,000 people a month visit the YDC website. YDC also unique brand names that start the sale for the customer, dictionaries, lexical databases and filters that protect our children on the Web and elsewhere, and it provides translation services for most of the world's languages.

 

    The Language Portal of Record

 

    A Consensus "Best of the Web" choice, news media around the world have come to rely upon yourDictionary.com as the language portal of record. YDC has been prominently featured in The New York Times, CNN, CNN International, The Wall Street Journal, and The Wall Street Journal Europe, among many others.

    yourDictionary.com's corporate headquarters are located at 145 Town & Country Drive, Danville, CA 94526. For more information, call (925) 743-7700 or visit http://www.yourDictionary.com.

    CONTACT: yourDictionary.com, Danville

             Millie Lorenzo

             Phone: (925) 743-7700

             E-mail: interviews@yourDictionary.com

 

################### #######################################

 

 

September 11th, 2001

 

 

Today, our fellow citizens, our way of life, our very freedom came under attack in a series of deliberate and deadly terrorist acts.

 

The victims were in airplanes or in their offices -- secretaries, businessmen and women, military and federal workers. Moms and dads. Friends and neighbors.

 

Thousands of lives were suddenly ended by evil, despicable acts of terror.

 

The pictures of airplanes flying into buildings, fires burning, huge structures collapsing, have filled us with disbelief, terrible sadness and a quiet, unyielding anger.

 

These acts of mass murder were intended to frighten our nation into chaos and retreat. But they have failed. Our country is strong. A great people has been moved to defend a great nation.

 

Terrorist attacks can shake the foundations of our biggest buildings, but they cannot touch the foundation of America. These acts shatter steel, but they cannot dent the steel of American resolve.

 

America was targeted for attack because we're the brightest beacon for freedom and opportunity in the world. And no one will keep that light from shining.

 

Today, our nation saw evil, the very worst of human nature, and we responded with the best of America, with the daring of our rescue workers, with the caring for strangers and neighbors who came to give blood and help in any way they could.

 

Immediately following the first attack, I implemented our government's emergency response plans. Our military is powerful, and it's prepared. Our emergency teams are working in New York City and Washington, D.C., to help with local rescue efforts.

 

Our first priority is to get help to those who have been injured and to take every precaution to protect our citizens at home and around the world from further attacks.

 

The functions of our government continue without interruption. Federal agencies in Washington which had to be evacuated today are reopening for essential personnel tonight and will be open for business tomorrow.

 

Our financial institutions remain strong, and the American economy will be open for business as well.

 

The search is underway for those who are behind these evil acts. I've directed the full resources for our intelligence and law enforcement communities to find those responsible and bring them to justice. We will make no distinction between the terrorists who committed these acts and those who harbor them.

 

I appreciate so very much the members of Congress who have joined me in strongly condemning these attacks. And on behalf of the American people, I thank the many world leaders who have called to offer their condolences and assistance.

 

America and our friends and allies join with all those who want peace and security in the world and we stand together to win the war against terrorism.

 

Tonight I ask for your prayers for all those who grieve, for the children whose worlds have been shattered, for all whose sense of safety and security has been threatened. And I pray they will be comforted by a power greater than any of us spoken through the ages in Psalm 23: "Even though I walk through the valley of the shadow of death, I fear no evil, for You are with me."

 

This is a day when all Americans from every walk of life unite in our resolve for justice and peace. America has stood down enemies before, and we will do so this time.

 

None of us will ever forget this day, yet we go forward to defend freedom and all that is good and just in our world.

 

Thank you. Good night and God bless America.

 

President George W. Bush

September 11, 2001

 

 

*http://www.lcweb.loc.gov/exhibits/treasures/trm019.html

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"Top Gun"

October 5, 2002 Saturday


Leasing News--Two Workshops
"Top Gun" Salesmen
"Top Gun " Sales Managers

Biograhpy
Richard Shapiro
Tony Sherwin
Ignacio Sanchez



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