McDonalds and Bil Bowerman

McDonalds and Bil Bowerman

NCAA Quiz: Name the only two college kickers since 1967 to be

chosen in the first round of the NFL draft? Answer below.

Kwanzaa (Swahili for “first fruits”)

In our ongoing effort to keep you up to date on all holidays, we

bring you Kwanzaa, Dec. 26-Jan. 1. This festival is based on

African harvests and is traditionally held in December. It was

established in 1966 by Maulana Karenga, head of the Black

Studies Dept. of Cal State University – Long Beach. There are 7

principles, Nguzo Saba, for the celebration: Umoja (unity),

Kuhichajulia (self-determination), Ujima (collective work and

responsibility), Ujama (cooperative economics), Nia (purpose),

Kuumba (creativity), and Imani (faith). As far as I can ascertain,

there is nothing about Internet IPOs.

McDonalds

Richard and Maurice McDonald opened a barbecue and

hamburger joint in 1940 in San Bernardino, CA which they called

McDonalds…duhh. Carhops toted trays to as many as 125 cars

at a time. But families were turned off by loitering teenagers so in

1948 they removed the barbecue pit and cut their menu from 25

to 9 items. Every 15-cent hamburger (down from 30 cents) was

prepared the same, with mustard, ketchup, onions, and two pickle

slices. Tableware went out. Orders were taken by window, as

well as inside. In 1954 Ray Kroc arrived. He saw the long lines

at the brothers restaurant and decided to cut a deal with them to

become their franchising agent. He would sell franchises for only

$950 apiece and require holders to pay only a tiny portion of

sales – 1.4% to Kroc and 0.5% to the McDonald brothers. By

1961, 228 outlets were in operation and Kroc bought out the

McDonald brothers for $2.7 million. He needed their name

because no one would ever want a Kroc burger. When he died in

1984 at the age of 81, there were 7,500 outlets worldwide.

Today there are over 25,000.

Bill Bowerman, Nike co-founder

Bowerman died early Christmas morning at the age of 88. From

1917, when Keds were first introduced, sports footwear was little

changed until the 1960s. Then the team of Bowerman and Phil

Knight came along. Bowerman was a legendary track coach at

the University of Oregon where his teams won 4 NCAA track and

field championships and he coached 19 Olympians, including

Steve Prefontaine. In 1964 he went into business with Knight,

each putting $500 into a company called Blue Ribbon Sports.

That year they sold 1,300 pairs of Tiger running shoes imported

from Japan. In 1971 they began to design their own shoes,

renaming the company Nike and they adopted the swoosh. The

following year Bowerman developed the waffle outsole which

brought a springiness to the athletic shoe and the rest is history.

American Century Tidbits

Voter Turnout:

1900 – 73.7%

2000 – 48.9%

Beer Consumption:

1900 – 58.8 gallons per adult

2000 – 31.6 gallons…time to play catch up. Geez, I”m doing my

part!!

Number of Bison:

1900 – 400

2000 – 200,000

Virtual Sex

In a recent article by Newsweek”s Yahlin Chang, he writes of all

the technologies that will be available within two decades wherein

you not only will be able to “uncorset a virtual Gwyneth Paltrow

as she murmurs sweet British nothings in your ear.you could

change genders – you could feel what it”s like to BE Gwyneth

Paltrow. You could turn your lover into someone else, without

his or her even knowing it. Of course, she or he could be doing

the same to you.”

Your husband could be on a business trip 3,000 miles away, but

your virtual bodies could still embrace in a virtual bed, or you

could rendezvous on a virtual Mediterranean beach. Or you

could change species! “You could both become dinosaurs or

octopi.” Egads!!

Of course virtual sex is risk free, with no chance of AIDS or

pregnancy. Fidelity and monogamy will have to be redefined. “Is

it cheating if you have virtual sex with another person? What if

you have sex with your partner but you”ve adjusted her virtual

image so that she looks like your ex-girlfriend, or that woman in

the office?” Of course, StocksandNews.com will be there to help

you answer these questions in the future.

Top 3 songs for the week of 12/25/71: #1 “Brand New Key”

(Melanie) #2 “Family Affair” (Sly & The Family Stone)

#3 “American Pie” (Don McLean).

Quiz Answer: Steve Little (Arkansas), 1978 and Russell

Erxleben (Texas), 1979. Both of them sucked in their NFL

careers. Little played 3 years for the St. Louis Cardinals and was

a horrible punter plus he made just 13 of 27 field goals. Erlexben

played a few years for New Orleans where he averaged 40.6 punting

and was just 4 of 8 kicking field goals. Sebastian Janikowski of

Florida State will probably be the first kicker chosen in the first

round since these two.

Next Bar Chat, Wednesday…famous parties. Friday,

remembering the war dead of the century.