There is a tutorial on SCS for these banners and that's just what I used to guide me through this. There is a bonus challenge to create your banner around a "Love" theme, so that here's what I came up with. 
This was super easy to do. The difficult part for me was I challenged myself to sew it all together! Issues with the thread coming out of the needle, bobbin problems, loose threads everywhere, blah, blah, blah! LOL!!! But I mananged to keep going! Here is a close up shot of one of the pennants.
I used an older dp (there's my New Year's resolution again!) from Basic Grey called Blush and backed it with Naturals Ivory from SU. I trimmed the edges of the ivory paper with my decorative scissors, then sponged it with Riding Hood Red and Sahara Sand ink. The letters and hearts were cut with my new friend, the Cricut Expression! Cutting twelve hearts in two different sizes and the five letters was SO EASY and FAST! I ran the red hearts through the textile folder and then highlighted the raised edges with a metallic rub on in golden white. It really shimmers nicely. The edges of the ivory hearts were sponged in the red and sand colors as well. I sewed the pennants and the ivory satin ribbon together. I also sewed around the perimeter of each pennant, and then added the little satin bows on the point of each one.Now you have to stop by the JUGs blog to see what the other girls have done, and then stop by their personal blogs to read more about their banners.
