Your emergency brake no longer works You have the consol open to where you can see from the top but you can't tell if it is done by an electric fuse or a pull wire there appear to be posneg wires?

I forgot to mention. 1997 Mustang Coup

Answer

There is a cable that runs to the rear tires, the wires are for the brake position light in the dash. Check you rear brake pads if you haven't lately. They only contribute 20% to total braking so if they are gone you may not notice. There may also be a broken cable or they may be very out of adjustment.

Answer

Check with Ford to see if you have a recall on that. There was a recall on the e-brake lever for '98. Somehow or another the sector gear of the brake lever would disconnect and go slack. I never tore into mine because it was under the recall so I can't say exactly how Ford goofed it up to begin with...it probably had something to do with over-engineering a simple mechanism.