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Tuesday, January 6, 2009

Email Marketing and Business Building

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Friday, December 12, 2008

RSSHugger Review

RSSHugger.com is a very good informative RSS site.

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Wednesday, December 10, 2008

Swiss Replica Watches for Christmas and any Occasion



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Friday, October 10, 2008

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Monday, October 6, 2008

Ford Model T marks 100 years on road



Ford Model T marks 100 years on road:

Fans of old Tin Lizzie celebrate century of vehicle that revolutionized America in more ways than one

By Robert Nolin
Fort Lauderdale Sun Sentinel

Henry Ford said, ''I will build a car for the great multitude.''

Did he ever.

The car was the Tin Lizzie, the flivver, the legendary Ford Model T, and it revolutionized America, overturning its rural culture, upending labor and marketing philosophies, sparking the growth of roads and bridges and shifting industry into overdrive with the use of the assembly line.

Last week marked 100 years since the first Model T hit the street. From 1908 through 1927, more than 15 million of the affordable T's were built; by 1921 they accounted for more than half the cars in the world.

''It pretty much put America on wheels,'' said Steve Florence of Boynton Beach, Fla., president of Sunny T's of South Florida Model T club.

Florence and a half-dozen club members celebrated the car's centennial by driving Model T's and other horseless carriages from West Palm Beach to Cocoa Beach, a 135-mile jaunt, at 25 to 35 mph.

Sylvio Cote of Fort Lauderdale, Fla., has a connection to the iconic auto that dates to 1926, when he was photographed as a 3-year-old sitting on the running board of a brand new Model T coupe. Cote, 85, still has the photo — and a coupe of the same model and year depicted.

The Canadian transplant also has a rare 1915 coupelet, or convertible, which he takes on trips around the region. Like most T drivers, Cote sticks to back roads when possible and, though the car can hit 45 mph, Please see Model T, D3

Continued from Page D1
keeps the throttle at about 30 for safety reasons.

''You can't stop them that readily,'' he cautions. ''Other than that the cars run very well.''

A retired machinist and engineer, Cote has been messing with Model T's for four decades, having restored at least 20.

''I enjoy just about as much working on them as when I'm finished,'' he said.

For aficionados, the allure of the Tin Lizzie — lizzie being an old-time term for a dependable servant — is its beguiling unpretentiousness.

''I just love the T's, they are so simple,'' said Dick Gibbs of Plantation, Fla., who owns two. ''Baling wire, chewing gum and a pair of pliers and you can fix anything.''

Ford set out to create an easy-to-maintain car for the masses and, defying the prevailing thinking of the time, aimed for high-volume sales through low price. The first cars cost $850; by 1925 the price had dropped to $260.

The result was almost everyone could afford one. It reordered the largely rural nature of America. Farmers abandoned the mule and used the Model T as a tractor and all-around workhorse. They adapted its 20-horsepower engine to run mills, pumps, whatever was needed.

In an age when most people lived and died within 20 miles of their birthplace, the Model T allowed folks to travel ''in God's great open places,'' as Ford put it. Though there were few roads — the prevalence of Ford's universal car would eventually rectify that — the Model T was expressly designed to navigate over rocks and ruts.

With the invention of the improved assembly line in 1913, Ford created a new template for American industry — and built Model T's at the rate of one every 90 minutes instead of the 12 hours it previously took. He also created an eight-hour shift, allowing his factories to run three shifts a day, and paid workers the unprecedented sum of $5 a day, a princely wage in a time when many people made less in a week. That helped spur the growth of the middle class.

When increasing competition forced Ford to halt Model T production in 1927, more than 15 million had been sold. Robert Casey, curator of transportation at the Henry Ford Museum in Dearborn, Mich., said no one really knows how many T's are still out there, but he estimates their number to be between 100,000 and just under a million.

Typically costing $20,000 to $30,000, Model T's aren't as expensive as other antique cars.

Gibbs' two include a 1913 depot hack, a wooden-sided contraption that served as a taxicab at train stations. The 76-year-old retired insurance agent bought his first Model T (price: $70) in the '50s as a college student. Now, he delights neighbors when he tools around in his T's.

''Everybody loves their sense of nostalgia,'' he said.

Cote stirs a similar reaction when he takes to the street in his coupelet. ''People give thumbs up, or clap or smile,'' he said. ''They're all happy to see it.''

Henry Ford said, ''I will build a car for the great multitude.''

Did he ever.

The car was the Tin Lizzie, the flivver, the legendary Ford Model T, and it revolutionized America, overturning its rural culture, upending labor and marketing philosophies, sparking the growth of roads and bridges and shifting industry into overdrive with the use of the assembly line.

Last week marked 100 years since the first Model T hit the street. From 1908 through 1927, more than 15 million of the affordable T's were built; by 1921 they accounted for more than half the cars in the world.

''It pretty much put America on wheels,'' said Steve Florence of Boynton Beach, Fla., president of Sunny T's of South Florida Model T club.

Florence and a half-dozen club members celebrated the car's centennial by driving Model T's and other horseless carriages from West Palm Beach to Cocoa Beach, a 135-mile jaunt, at 25 to 35 mph.

Sylvio Cote of Fort Lauderdale, Fla., has a connection to the iconic auto that dates to 1926, when he was photographed as a 3-year-old sitting on the running board of a brand new Model T coupe. Cote, 85, still has the photo — and a coupe of the same model and year depicted.

The Canadian transplant also has a rare 1915 coupelet, or convertible, which he takes on trips around the region. Like most T drivers, Cote sticks to back roads when possible and, though the car can hit 45 mph, Please see Model T, D3

Continued from Page D1
keeps the throttle at about 30 for safety reasons.

''You can't stop them that readily,'' he cautions. ''Other than that the cars run very well.''

A retired machinist and engineer, Cote has been messing with Model T's for four decades, having restored at least 20.

''I enjoy just about as much working on them as when I'm finished,'' he said.

For aficionados, the allure of the Tin Lizzie — lizzie being an old-time term for a dependable servant — is its beguiling unpretentiousness.

''I just love the T's, they are so simple,'' said Dick Gibbs of Plantation, Fla., who owns two. ''Baling wire, chewing gum and a pair of pliers and you can fix anything.''

Ford set out to create an easy-to-maintain car for the masses and, defying the prevailing thinking of the time, aimed for high-volume sales through low price. The first cars cost $850; by 1925 the price had dropped to $260.

The result was almost everyone could afford one. It reordered the largely rural nature of America. Farmers abandoned the mule and used the Model T as a tractor and all-around workhorse. They adapted its 20-horsepower engine to run mills, pumps, whatever was needed.

In an age when most people lived and died within 20 miles of their birthplace, the Model T allowed folks to travel ''in God's great open places,'' as Ford put it. Though there were few roads — the prevalence of Ford's universal car would eventually rectify that — the Model T was expressly designed to navigate over rocks and ruts.

With the invention of the improved assembly line in 1913, Ford created a new template for American industry — and built Model T's at the rate of one every 90 minutes instead of the 12 hours it previously took. He also created an eight-hour shift, allowing his factories to run three shifts a day, and paid workers the unprecedented sum of $5 a day, a princely wage in a time when many people made less in a week. That helped spur the growth of the middle class.

When increasing competition forced Ford to halt Model T production in 1927, more than 15 million had been sold. Robert Casey, curator of transportation at the Henry Ford Museum in Dearborn, Mich., said no one really knows how many T's are still out there, but he estimates their number to be between 100,000 and just under a million.

Typically costing $20,000 to $30,000, Model T's aren't as expensive as other antique cars.

Gibbs' two include a 1913 depot hack, a wooden-sided contraption that served as a taxicab at train stations. The 76-year-old retired insurance agent bought his first Model T (price: $70) in the '50s as a college student. Now, he delights neighbors when he tools around in his T's.

''Everybody loves their sense of nostalgia,'' he said.

Cote stirs a similar reaction when he takes to the street in his coupelet. ''People give thumbs up, or clap or smile,'' he said. ''They're all happy to see it.''

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Success of bailout to depend on housing turnaround

Success of bailout to depend on housing turnaround

Experts say as banks keep watch for signs of improvement, loans will be more difficult to obtain

By Stevenson Jacobs
Associated Press

NEW YORK: Washington's financial bailout plan is now law. So the credit spigot will start flowing again, banks will resume lending, and an economic recovery can begin, right?

Wrong.

Experts say before the $700 billion bailout even has a chance of working, home prices must stop falling. That would send a signal to banks that the worst has passed, and it's safe to start doling out money again.

The problem is the lending freeze has made getting a mortgage loan tough for everyone except those with sterling credit.

That means it will take several months or longer to pare down the glut of houses built when times were good — and those that have come on the market because of soaring foreclosures — before home prices start appreciating.

Housing is a critical component to the U.S. economy and by extension the availability of credit. Roughly one in eight U.S. jobs depends on housing directly or indirectly — from construction workers to bank loan officers to big brokers on Wall Street. A turnaround in housing prices would boost confidence in the wider economy and, experts hope, goad banks into lending again.

''Housing traditionally does lead the economy through a recovery. I think it's going to be critical for a sustained recovery in this cycle, too,'' said Gary Thayer, senior economist at Wachovia Securities.

In the meantime, people like Alicia Elliott
are adjusting to a new American reality: Life without credit.

The 21-year old Morgantown, W.Va., resident just bought a used mobile home, borrowing $4,000 from friends and family because she couldn't get a bank loan.

''I tried to. Couldn't do it. It's just hard to get a loan,'' said Elliott, who works as a cashier at a Lowe's Cos. store.

She used to get bombarded with offers for credit cards. Now she can't even get one.

''I get denied one after another after another. It doesn't matter if you have a co-signer or not,'' she said.

'Credit is a privilege'

Trey Simmons, 31, a barber at a Dallas hair salon, said he worries tighter lending standards will squash his goal of buying a home next year.

''Credit is a privilege everybody can't get,'' Simmons said. ''I had credit at a young age and messed up.''

He now operates on a strictly cash basis.

''If I don't have it,'' he said, referring to cash, ''I don't spend it.''

The dilemma boils down to a matter of trust.

''Credit, by definition, means trust and faith, and for many reasons trust and faith have been damaged,'' said Sung Won Sohn, an economics professor at California State University, Channel Islands.

Sohn said the near certainty of a recession makes it too risky for the thousands of small- and medium-sized banks across the country to lend to people like Elliott.

''Banks know the economy is getting worse, so . . . they will keep being cautious,'' said Sohn.

Still, the government hopes that by scooping up billions of dollars in bad mortgage debt and other toxic assets, banks eventually can clean up their shaky balance sheets, crack open the vaults and send money washing through the system again.

Paulson gets ready

In the meantime, the Treasury Department is moving swiftly to get the plan started. Treasury Secretary Henry Paulson said Friday he did not wait for final approval of the measure to begin preparation. He has been lining up outside advisers as his staff works out details on a multitude of complex issues.

But several hurdles could trip up the plan. For starters, even when the Treasury starts buying bad assets, some banks might hoard the cash they receive in return until they see how the plan pans out. That has the potential to make the lending logjam worse, said Vincent R. Reinhart, former director of the Federal Reserve's monetary affairs unit.

''They may sit on the sidelines and wait to see [the bailout] get some traction. The problem is if everybody sits on the sidelines, nobody gets in the game. It's a risk,'' he said.

It also creates a vicious cycle: No trust means no lending; tight credit means it's harder to buy a home; the more difficult it is to buy or sell a home, the further home prices will fall; and the further prices drop, the more foreclosures there will be.

U.S. home prices — down 20 percent from their peak in July 2006 — still have further to fall, and must hit bottom before demand picks up. The long-awaited bottom in prices could be a year or more away.

NEW YORK: Washington's financial bailout plan is now law. So the credit spigot will start flowing again, banks will resume lending, and an economic recovery can begin, right?

Wrong.

Experts say before the $700 billion bailout even has a chance of working, home prices must stop falling. That would send a signal to banks that the worst has passed, and it's safe to start doling out money again.

The problem is the lending freeze has made getting a mortgage loan tough for everyone except those with sterling credit.

That means it will take several months or longer to pare down the glut of houses built when times were good — and those that have come on the market because of soaring foreclosures — before home prices start appreciating.

Housing is a critical component to the U.S. economy and by extension the availability of credit. Roughly one in eight U.S. jobs depends on housing directly or indirectly — from construction workers to bank loan officers to big brokers on Wall Street. A turnaround in housing prices would boost confidence in the wider economy and, experts hope, goad banks into lending again.

''Housing traditionally does lead the economy through a recovery. I think it's going to be critical for a sustained recovery in this cycle, too,'' said Gary Thayer, senior economist at Wachovia Securities.

In the meantime, people like Alicia Elliott
are adjusting to a new American reality: Life without credit.

The 21-year old Morgantown, W.Va., resident just bought a used mobile home, borrowing $4,000 from friends and family because she couldn't get a bank loan.

''I tried to. Couldn't do it. It's just hard to get a loan,'' said Elliott, who works as a cashier at a Lowe's Cos. store.

She used to get bombarded with offers for credit cards. Now she can't even get one.

''I get denied one after another after another. It doesn't matter if you have a co-signer or not,'' she said.

'Credit is a privilege'

Trey Simmons, 31, a barber at a Dallas hair salon, said he worries tighter lending standards will squash his goal of buying a home next year.

''Credit is a privilege everybody can't get,'' Simmons said. ''I had credit at a young age and messed up.''

He now operates on a strictly cash basis.

''If I don't have it,'' he said, referring to cash, ''I don't spend it.''

The dilemma boils down to a matter of trust.

''Credit, by definition, means trust and faith, and for many reasons trust and faith have been damaged,'' said Sung Won Sohn, an economics professor at California State University, Channel Islands.

Sohn said the near certainty of a recession makes it too risky for the thousands of small- and medium-sized banks across the country to lend to people like Elliott.

''Banks know the economy is getting worse, so . . . they will keep being cautious,'' said Sohn.

Still, the government hopes that by scooping up billions of dollars in bad mortgage debt and other toxic assets, banks eventually can clean up their shaky balance sheets, crack open the vaults and send money washing through the system again.

Paulson gets ready

In the meantime, the Treasury Department is moving swiftly to get the plan started. Treasury Secretary Henry Paulson said Friday he did not wait for final approval of the measure to begin preparation. He has been lining up outside advisers as his staff works out details on a multitude of complex issues.

But several hurdles could trip up the plan. For starters, even when the Treasury starts buying bad assets, some banks might hoard the cash they receive in return until they see how the plan pans out. That has the potential to make the lending logjam worse, said Vincent R. Reinhart, former director of the Federal Reserve's monetary affairs unit.

''They may sit on the sidelines and wait to see [the bailout] get some traction. The problem is if everybody sits on the sidelines, nobody gets in the game. It's a risk,'' he said.

It also creates a vicious cycle: No trust means no lending; tight credit means it's harder to buy a home; the more difficult it is to buy or sell a home, the further home prices will fall; and the further prices drop, the more foreclosures there will be.

U.S. home prices — down 20 percent from their peak in July 2006 — still have further to fall, and must hit bottom before demand picks up. The long-awaited bottom in prices could be a year or more away.

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