Daily Archives: February 26, 2017

Fain: How to move pending to progress – Knoxville News Sentinel

Posted: February 26, 2017 at 11:08 pm

Paul Fain, USA TODAY NETWORK - Tennessee 8:02 a.m. ET Feb. 26, 2017

Paul Fain(Photo: Submitted)

Do you have a pending file? How long have some of those actions been pending? How many relate to your personal financial plan?

Consider the synonyms for pending":unresolved, unsettled, up in the air, on ice, unfinished, on the back burner. I dont know about you, but unresolved financial matters in my life are a leak for my energy and feelings of well-being.

Why do we have pending financial actions? Sometimes we struggle with paralyzing indecision based on lack of knowledge, uncertainty, or negative past experiences. Often, we are distracted by other seemingly pressing matters. I recall a Wall Street Journal article titledMultitasking makes you stupid. We often need to focus on a task, especially if it appears difficult.

To move from pending to progress, we need to be intentional, create measurable steps, and even add accountability. Since we often dont pay attention to things that we dont see, we need to write down our action plan, strategize with our family or an adviser, and set timelines and deadlines.

The first intention should be to reduce our financial pending list to two or three top priorities. Then, we can identify two or three specific actions we can do this month. Then we can pick one thing to do this coming week to create momentum, no matter how big or small. As examples, here are a few financial planning action items that may be circulating through your life right now:

Tax planning:Once youve got all of your tax reporting forms, get them organized and file your return.

Estate planning:It seems that every few years, state or federal estate regulations are in flux. With each change, you need to review and possibly update your estate documents.

Life is a series of transitions:Marriage, birth, retirement, death. Subsequently, it is important to update your insurance coverages types, amounts, beneficiaries, etc.

Investments: With an extended run-up in U.S. stock market values, it is vital to review and rebalance your portfolio.Consider diversification opportunities, often applying some contrarian logic. Do you have exposure to global markets? Are you updating the risk/return profile of your bond strategy to reflect the likelihood of rising interest rates? Do you need to create some cash for an upcoming expense?

Often, we get stuck in a pending mode as a result of our own unrealistic expectations. A perfect solution is a myth. Or, we might be buried under a mentality of woulda, shoulda, coulda.I absolutely cannot change the decisions that I made yesterday.But, I can definitely strive to make better decisions today and tomorrow.

What we need is progress. Think simple and essential. A trip of a 1,000 miles begins with the first step.

When I check-off a pending item from my financial to-do list, I almost always experience two things: a tremendous sense of relief and/or achievement; andrecognition that the action wasnt as complicated or difficult as I previously imagined.

It seems appropriate to summarize with the wacky wisdom of comedian Larry the Cable Guy:Git-r-done.

Paul Fain is a Certified Financial Plannerand president of Asset Planning Corp., a financial planning and investment management firm based in Knoxville. He welcomes comments and column ideas, but cannot offer specific personal financial advice. Write to him at pkf@assetplanningcorp.com.

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White Sox: Happy with progress, Brett Lawrie tries to clear final hurdles – Comcast SportsNet Chicago

Posted: at 11:08 pm

White Sox: Happy with progress, Brett Lawrie tries to clear final hurdles

GLENDALE, Ariz. -- Brett Lawrie isn't sore, he's just not yet correctly aligned.

Until that happens, the White Sox second baseman doesn't want to risk playing at full speed, which for him is nearly the equivalent of hyperdrive on the Millennium Falcon.

Lawrie said Sunday he has been pleased with the progress made in returning from a series of leg injuries that wiped out the final 2 1/2 months of last season. But he also isn't quite ready and doesn't want to risk re-injuring himself until he feels total confidence.

"I've been very happy and I haven't really gone backwards and that's been key for me," Lawrie said. "I guess the biggest thing is being able to trust myself when I get out on the field and not have to worry about my body and just worry about the game. If I can't do that then I'm not going to go out there and do that. S once I can clear that stuff up, and it's in the near future.

"I just need to keep being positive and keep putting the work in every single day and I'll be OK."

Lawrie and Rick Renteria said the veteran has been his normal hyper since he reported to camp eight days ago. He'd been a full participant leading up to Saturday when he told Renteria he still didn't feel completely right. But Lawrie said he's just working out the "end kinks" to a trying period. Even though he's had a few tough days of late, Lawrie is trying to stay upbeat and power through.

"It's nothing that's grabbing at me or anything like that," Lawrie said. "I think it's just how everything is sitting and needs to be aligned, that's all.

"Not completely where I want to be and I want to be right where I want to be in order to get out on the field. This last part has just been tough but I'm just continuing to push through and I want to be out on the field and be 100 percent and just have to worry about baseball and not have to worry about this. Before I get out there I just want to make sure that everything is cleared up."

GLENDALE, Ariz. -- Jose Quintana and Miguel Gonzalez looked like a pair of pitchers who began their offseasons earlier to prep for the World Baseball Classic.

Both White Sox starting pitchers looked sharp as they made their spring debuts in a 7-3 victory over the Colorado Rockies at Camelback Ranch on Sunday afternoon. Team USA relievers David Robertson and Nate Jones also pitched a scoreless inning each in the win. Prospect Zack Burdi also pitched a scoreless ninth inning.

Gonzalez, who is on the Team Mexico roster, only allowed a single on a dropped pop up on the infield in two scoreless innings.

Im a little ahead of the game right now, Gonzalez said. I started a little earlier this year in the offseason to work out, thinking I wanted to go to the WBC and get ready for that. But I think the most important thing right now is getting ready for April 1 with the White Sox. Thats my goal, and you dont get these opportunities every year. To represent Mexico, its going to be fun. Its going to be great.

Quintana, who will start for Colombia in their March 10 opener against the United States, allowed a run and a hit in two innings. He struck out one and hit a batter.

I feel good, Quintana said. I think for the first day I feel comfortable. I hit the glove. I feel good. A couple of pitches spinning were good and I feel really good.

[RELATED: Jim Thome on being a finalist for National Baseball Hall of Fame]

Robertson is throwing much earlier than normal in anticipation of his March 6 departure for Miami, where Team USA begins its tournament. The clubs closer normally wouldnt appear in a game until the calendar turns to March. Robertson said he usually only needs 5-6 spring outings to get in shape for the regular season. Though he felt a little rusty, the right-hander was pleased with several changeups and fastballs he threw.

I wouldnt say it was smooth but I got through it, Robertson said. I had a few bad pitches that were just not competitive. All in all I got through what seemed like a tough inning for a first outing.

Im excited. I think its going to be a lot of fun. Im going to go down there and put the USA across my chest and have a chance to win something for our country. I think its going to be a lot of fun and Im excited to play with a group of guys Ive been playing against my whole life.

Eddie Alvarez had a three-run double for the White Sox while Tyler Saladino collected two hits in three trips. Catcher Roberto Pena went 2-for-2 with an RBI.

GLENDALE, Ariz. -- Normally upbeat and positive, Jim Thome cant help but beam with pride when asked about his Hall of Fame candidacy.

Thome, who blasted 612 career home runs, including 134 with the White Sox, is eligible for induction for the first time in 2018. Even though hes expected by many to one day be voted into Cooperstown, perhaps even in his first year, Thome said hes merely honored to be on the ballot. Thome is joined on the ballot by Chipper Jones and former teammate Omar Vizquel, among others. Voting begins in December and the results will be announced next January.

To even be on the ballot and thought of, it would be the greatest honor I think you could get, Thome said. Or if you get an opportunity to go into the greatest fraternity baseball has or created, it would be indescribable. How do you ever think as a kid or a high school player or even going through the minor leagues, that youd play at the big leagues that long? And then to get an opportunity at the end of your career to be put on the ballot is so great.

That would be the coolest moment ever.

Thome who is in White Sox camp as a special assistant to the general manager provided plenty of big moments in a career that spanned 22 seasons. He hit 30 home runs in 12 of 13 seasons between 1996-2008, leading the league with 47 in 2003. The slugger was a five-time All-Star and produced 72.9 b-Wins Above Replacement.

[RELATED: Brett Lawrie trying to clear final hurdles]

Thome isnt as superstitious about his candidacy as others previously have been. He wont be the guy to bring up the topic, but the Peoria, Ill.-native doesnt shy away from discussing it, either.

Its not something you talk a lot about, Thome said. Were not going to bring it up. But when people do bring it up, theres a sense of pride, a sense of Wow, baseball has thought that highly to put you on the ballot. And the fact that theres just this wonderful fraternity of incredible players that you could be a part of, if youre chosen.

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General Electric: Making Progress, A Debt And Payout Ratio Follow-Up – Seeking Alpha

Posted: at 11:08 pm

General Electric (NYSE:GE) recently released its 2016 10-K so I wanted to spend some time discussing the metrics that I first covered in "GE: The 2 Key Metrics To Monitor in 2016" (published in December 2015). In that article, I explained why it would be important for investors to monitor GE's debt balance and payout ratio while the storied company transitions from a misunderstood conglomerate to a more industrial-focused company.

Within this article, I will review these two metrics for full-year 2016 in order to determine how well GE's management team was able to re-position the company over the last four quarters.

The Debt Balance: Where Does The Company Stand?

GE's financing arm, GE Capital, used to account for ~50% of the company's earnings and this resulted in the market viewing (and valuing) the industrial conglomerate more like a financial institution so Mr. Jeffrey Immelt, GE Chairman & CEO, made the game-changing decision to sell off a majority of the financing assets in order to return the company to its industrial roots. The plan was dubbed "A simpler, more valuable GE".

Financing operations are a highly leveraged business so GE consistently had an oversized debt balance, which increased the company's risk profile. Therefore, I have been monitoring GE's debt balance since mid-2015 in order to stay abreast of how well the management team has been able to de-risk the company's balance sheet.

Below is an excerpt of the Statement of Financial Position that was taken from the 2016 10-K. The line items that I will focus on within this article are highlighted in red.

The table below was created with data from the 2016 and 2015 10-Ks, and the balances are broken out between GE (all affiliated companies except GE Capital) and GE Capital.

(Sources: 2016 10-K and 2015 10-K; table created by W.G. Investment Research LLC)

* - Total debt balance in the table only represents the company's short-term and long-term borrowings for the respective period-ends. See linked reports for additional liabilities (e.g. accounts payable, dividends payable, etc.)

The biggest takeaway from the table, in my opinion, is that GE's consolidated debt balance is down by ~$185b, or ~50%, since 2014. Yes, industrial GE currently has a higher debt balance ($16b in 2014 vs $79b in 2016) but this is a necessary evil that management will have to contend with as the company continues to shift its focus more towards the industrial businesses and the financing Verticals. Another important takeaway is the fact that GE Capital still makes up ~60% of the consolidated debt balance so, in my mind, there is an opportunity to further reduce the company's leverage as the financing assets are sold over the next two plus years.

The trending of GE's consolidated debt balance shows that management has made significant progress in reducing the company's financial leverage in a short period of time, but I do believe that more work needs to be done. As a long-term investor, it is encouraging to see GE's focus shift more towards its industrial business because a purer play industrial company will eventually warrant a richer valuation once the market is sold on the company's transition.

Payout Ratio

Before I touch on GE's payout ratio, I wanted to first show the progress that has been made to reduce the company's share count.

GE Average Diluted Shares Outstanding (Quarterly) data by YCharts

GE's share count has declined by over 1b shares, or over 10%, in three short years. The company has had to sell off financing assets to fund some of the buybacks but the management team has already been able to make up for the lost earnings.

GE Net Income (Quarterly) data by YCharts

(Full Disclosure: the 2015 earnings were impacted by the "one-time" charges related to the GE Capital asset sales)

Therefore, not only is GE's share count down significantly since 2014 but the company has also already been able to replace most of the lost earnings and the earnings are now largely coming from the industrial businesses.

GE maintain a $0.23 quarterly dividend throughout 2016 so the company paid out ~60% of its operating earnings. Management increased the quarterly dividend by $0.01, or 4%, in December 2016 so the company is projected to also have an ~60% payout ratio in 2017 (based on the low-end of the forward operating earnings estimate). Mr. Immelt and company wants GE's payout ratio to be between 45-50% so investors should start to bake in the fact that the company's dividend will likely only slowly grow through 2018. However, looking out past 2018, I believe that the shrinking share count will allow for GE to jump back into dividend growth mode, especially if the restructuring is complete.

Bottom Line

The management team is making great progress in reducing GE's debt balance and share count, but investors should not expect for substantial dividend raises anytime soon. In addition, many people in the financial community, including myself, believe that GE will soon be taking on more debt (read about this topic here) but I still do not believe that the company's financial leverage should be viewed as a significant concern, at least not yet.

GE shares are trading at what is widely viewed as a "fair" valuation, but, in my opinion, this company has the potential to greatly improve earnings over the next decade. Management already re-affirmed the 2018 EPS estimate of $2.00 plus, so based on this estimate GE shares still have room to run. Moreover, GE currently pays an above-average dividend and the company has several significant catalysts in place - Alstom integration, Baker Hughes (NYSE:BHI) merger, Industrial Internet Of Things (IIoT) growth - that have the potential to create a great deal of shareholder value in the years ahead. As such, any significant dips in GE's stock price should be viewed as long-term buying opportunities.

Note: I will be diving deeper into GE's 2016 10-K over the next few weeks so please let me know if you have a topic that you would like covered.

If you found this article to be informative and would like to hear more about this company, or any other company that I analyze, please consider hitting the "Follow" button above.

Disclaimer: This article is not a recommendation to buy or sell any stock mentioned. These are only my personal opinions. Every investor must do his/her own due diligence before making any investment decision.

Disclosure: I am/we are long GE.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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Special report details progress in city and region – Times Record News – Times Record News

Posted: at 11:08 pm

Bridget Knight , Wichita Falls 7:45 a.m. CT Feb. 26, 2017

Construction is in full swing at the Career Education Center on Hatton Road. The $28 million project will allow the Wichita Falls ISD to provide skills training on 25 different career paths such as culinary arts, auto mecahnics and welding.(Photo: Torin Halsey/Times Record News)Buy Photo

Today, the Times Record News releasesits "Progress: Winds of Change" special report, underlining the significant advances made by our government, schools, businesses and people during the past year.

Change is important throughout our nation, most notably at the top of our government. Local government hasseen a changing of the guard as well, with new faces in the mayor's office and on the city council, school board and county commissioners court.

In downtown Wichita Falls, change is marked by the pounding of hammers, as a new generation of entrepreneurs remake old buildings as gourmet eateries, vintage retail exchanges and artistic spaces. A slew of new events are making sure residents have reason to venture to the city center to see the growth. Beyond the bordersof the city, windmills are rising at a ferocious pace, fueling hopes for renewable energy while worrying those in charge of aviation and weather radar.

Kathryn Hager displays some of her original Wichita Falls and Texas t-shirt designs at her store, Little h Creative, at 822 Indiana. Hager also offers work from local artists and a loft space venue for parties, events and craft parties. (Photo: Torin Halsey/Times Record News)

Our schools and universities are charging forward as well. Wichita Falls ISD is excitedly awaiting the completion of its new career education center, which will put training for in-demand career fields within reach of high school students. For college-bound students, the district is adding more dual-credit classes, and for younger students, the conversion of the city's three junior highs to middle schools is now complete.

Midwestern State University, like WFISD, has been in the midst of a building boom, with a futuristic dorm, re-envisioned dining experiences and more water efficient sports fields now in place. A new satellite campus in Flower Mound and continued on-campus construction will keep the university busy into the future.

Graham decided to build an entirely new wastewater treatment plant, noting that the dilapidated city plant, seen here, could suffer a major failure at any time.(Photo: Contributed photo)

Steady growth is not limited to Wichita Falls institutions, however. Neighboring towns like Henrietta are seeing unheard-of spurts of growth with new apartment complexes, travel centers, roads and municipal complexes. Many cities, spurred by problems uncovered during the drought, are reworking or replacing elements of their municipal water treatment and distribution systems. Others are pointing with pride to projects built on can-do community spirit, like Olney's new community walking trail and park upgrades.

North Texas has plenty of progress to be proud of this year. The Winds of Change are blowing in our favor.

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The Essential Animation Charms of ‘My Life as a Zucchini’ and ‘The Red Turtle’ – Film School Rejects

Posted: at 11:06 pm

If you have young children and arent a professional movie viewer, chances are youre only well-acquainted with this years Oscar nominees for Best Animated Feature. And even then, youve probably still only seen three of the contenders, the two Disney productions, Zootopia and Moana, and maybe the stop motion adventure Kubo and the Two Strings. That last one may even have been a little too scary for your kids. As for the other two, My Life as a Zucchini and The Red Turtle, theyre foreign-made movies that arent easy family fare, and they havent been widely available.

Until now. Possibly. Depending on where you live. This weekend, The Red Turtle is making its way to theaters beyond the nations major cities, though its still a relatively limited number of locations. Also this Friday, which just so happens to be the start of Oscar weekend, My Life as a Zucchini opens in New York City and Los Angeles, kicking off its own rollout across the rest of the country through March. Neither will win the Academy Award, but whether youre able to see them before Sundays show or only afterward, they must not be dismissed or forgotten about as also-rans.

Its hard to argue that either of them deserve the Oscar over the three mainstream American movies, because theyre just so different from the usual anthropomorphic animal stories and singing princess fairy tales and more calculated yet less soulful stop motion efforts. It doesnt matter which takes the prize, as together the five films offer a wonderful range of animation delights. And My Life as a Zucchini and The Red Turtle represent the most distinctly different achievements of the bunch. With the former, though, you just need to be sure you see the right version.

My Life as a Zucchini is a coming-of-age movie, directed by Claude Barras based on the 2002 French novel Autobiographie dune Courgette, about a kid nicknamed Zucchini who accidentally kills his alcoholic mother. He winds up in a small foster home, finding a kind of family there among the other abandoned and orphaned children and their caretakers. Although the new movie version has been sanitized somewhat from the book, which isnt exactly for young readers, the story as well as some of the themes and visuals are most appropriate for viewers aged in the double digits.

Plus, to best appreciate My Life as a Zucchini, youll want to see the original French-language version, and yes that means youll want the subtitled rather than the dubbed release. Fortunately, most theaters will be showing both versions. Heres what you get with the original that you dont get with the dubbed incarnation: the child actors who voice the children characters (including Gaspard Schlatter as Zucchini) have a natural, almost improvisational quality to their speech, the result of Barras not making them memorize their dialogue so much as speak the lines in their own words.

That approach really makes the film, fitting well with the crude yet cute character design. The voice acting in the dubbed version (which includes famous adults like Nick Offerman and Ellen Page, as well as child actors who sound like veteran professionals in spite of their age, including Erick Abbate as Zucchini), has a more conventional, polished sound that feels overproduced and not at all right for the story. Knowingly emphasizing its voice work, My Life as a Zucchini also has a bonus scene during the end credits depicting, in animation, Schlatters casting session (the dubbed version includes the scene intact with Schlatters voice, subtitled, which doesnt make much sense after watching with Abbate voicing the role).

As for the rest of the movie, its fine, often very sweet, and it handles the heavy themes of death, drug abuse, child abuse, and more very well from the perspectives of the children. I do wish My Life as a Zucchini was better focalized with regards to it being Zucchinis story, as the title claims and as the bits of voiceover narration adhere to; for a while its much more concentrated on another one of the orphans. But otherwise theres nothing to criticize thats not wholly subjective and a matter of my personal dislike of the look of some of the characters, specifically their scratchy red noses.

The Red Turtle is a little easier on the whole family, as theres almost no dialogue, and what little there isa few utterances of hey!requires no English-language version. No subtitling, no dubbing. Its a marvelously visual film, though its possibly too slow for younger children anyway. Its not a kid movie nor an adult movie. Its not for any audience in particular other than one that likes to be enchanted by visual storytelling and basic fairy tale and mythology plots. The story concerns a castaway who one day encounters a large sea turtle that magically changes the course of his desert-island-dwelling life.

Directed and co-written by Dutch animator Michael Dudok de Wit (a previous Oscar winner for his 2000 short, Father and Daughter), The Red Turtle has its own issues, but theyre minor and Im nitpicking to address them. As much as I love that the film is dialogue-free, that actually becomes somewhat implausible for the story in the latter half. The first part is also much more exciting in its depiction of the adventurous survivalism of the stranded man. And there are a lot of questions that arise about where the story goes that cant be answered because theres nobody to explain the details or the characters motives.

Yet every single shot in The Red Turtle is perfect, especially because of the intricate and beautifully imagined backdrops, and in terms of just what is on screen, the story action is directed faultlessly. While theres not always the greatest emotional connection to the characters, between them or for the audience, the film is occasionally pretty affecting for something of its simple 2D hand-drawn style. We dont get many films of any format so lacking in their dependence on dialogue these days, and its essential that we see more like this and the past-nominated works by Sylvain Chomet.

The essential charms of My Life as a Zucchini and The Red Turtle are contrasting components. The former is worth seeing for its voice work and what it does freely with its dialogue, while the latter is a must-see feature because of its lack of voice work (and coming from Studio Ghibli, whose films tend to get distracting celebrity-filled dubs, thats really notable) and what it does freely with its imagery, including fantastic dream sequences. They face strong mainstream competition at the Oscars this year, but hopefully they at least benefit in the notice of being nominated.

See them both once theyre playing near you.

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Outcry over Dalai Lama threatens free speech – The Daily Cardinal

Posted: at 11:03 pm

The Dalai Lama has been criticized by the Chinese government and Chinese students in the United States.

University of California-San Diegos decision to invite Dalai Lama for commencement is troubling, while the Chinese protesters opposed Free Speech and branded their blind patriotism

On Feb. 2, UC-San Diego made the official announcement that His Holiness the 14th Dalai Lama, a well-known advocate of Tibetan independence from the Peoples Republic of China, will be speaking at the commencement ceremony. Waves of shock and anger swept through the Chinese international student communities in UCSD, and soon, Chinese international student communities across the US. A fierce debate ensued between the supporters and critics of the Dalai Lama, with much vitriol. As a Chinese international student myself, I feel obliged to share some of my thoughts on the controversy. But before that, I want to clarify that this article does not concern itself with the historical aspects of the legitimacy of Peoples Republic of Chinas territorial claim in Tibet, the complexity of which is only to be resolved through collective efforts.

The Dalai Lama has been a well-respected person across the political spectrum in the west, though he is not without critics. Christopher Hichens, in his 1998 article on the Dalai Lama His Material Holiness, wrote Chinas foul conduct in an occupied land, combined with a Hollywood cult that almost exceeds the power of Scientology, has fused with weightless Maharishi and Bhagwan-type babble to create an image of an idealized Tibet and of a saintly god-king. Indeed, the Dalai Lama, and the people who met with him and praise him, have been in a decades-long, cynical and opportunistic symbiosis of realpolitik, with a distinctive flavor of orientalism.

The Dalai Lama has been supportive of the assembling of thermonuclear arsenal by India in the 1990s, he has made the remark that any women successor to him has to be attractive, and he has not only stayed silent on former President Bushs illegitimate invasions of Afghanistan and Iraq, but said that he loved Bush. Countless incidents have lead people who had faith in liberal principles to doubt the Dalai Lamas commitment to his ideals, let alone his recent statement that he had no worries about thenpPresident-elect Donald Trump.

Maybe its my poor grasp of the Buddhist doctrine of inner peace, but I am very worried, as a foreigner in the US, about Trump (though that is another story). That is why the decision of UCSD to invite the Dalai Lama for a commencement speech is troubling. As a renowned institution in public education, UCSD should cherish genuine secular and liberal values, inviting people who are sincerely devoted to making the world a better place rather than shrewd political opportunists.

Even though UCSDs decision raised questions, the reaction by Chinese international student communities is a shameful one. One day after the announcement by UCSD, the Chinese Students and Scholars Association at UCSD published a statement on WeChat denouncing the decision, and on its thumbnail it reads Whoever tries to sever my motherland must be destroyed regardless of propinquity (the original is in Chinese, and the translation is literal). The article tells the Chinese international students at UCSD to remain calm, and wait for and listen to the unified directives issued by the Chinese Embassy. The article also described the Dalai Lama as devoted to sabotaging the territorial integrity and ethnic solidarity of our mother country. In the end, the article expresses the determination of CSSA to take strong measures to protest the speech by the Dalai Lama.

This incident is just an add-on to a series of anti-free speech outbursts on UC campuses. Two years ago, students at Berkeley tried to remove the political polemicist Bill Maher from the commencement speech, and in early February prevented right-wing political commentator Milo Yiannopoulos from giving a speech. However, this time the protesters are motivated by a far more invidious sentiment than political correctnessblind patriotism.

The claim of the Dalai Lamas intention to sabotage racial harmony is highly dubious. It makes the strong assumption that there is an already established racial harmony, which requires strong evidence. But this is irrelevant here, as what is at stake is the core of liberal democracy: free speech. Free speech, in its broad sense, consists of both the tolerance for the right of others to speak, and the independence with which we think and speak. The whims of the Chinese Embassy and government should not dictate what Chinese international students think, and what Chinese international students think should not interfere with whether or not the Dalai Lama speaks at commencement.

Philosopher Karl Popper wrote in his famous The Open Society and its Enemies the conflict between rationalism and irrationalism has become the most important intellectual, and perhaps even moral, issue of our time. Unfortunately, what Popper has said during the carnage of the Second World War is still true, if not truer, today. The most efficient way to promote rational thinking is by exchanging ideas, and the best way to expose lies is by having people utter them. To my fellow Chinese students: think independently whether you agree with the Dalai Lama or not, and most importantly, let him talk!

Fact is that to which there is no alternative. And facts can only be respected if we continue to champion secular and liberal values in university campuses, be open to new ideas, and dare to be challenged.

Runkun is a junior majoring in philosophy. Please send all comments, questions and concerns to opinion@dailycardinal.com.

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The Night Berkeley Betrayed The Free Speech Movement – Breitbart

Posted: at 11:01 pm

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In 1964, Berkeley student Mario Savio addressed his peers in a speech about the importance of the free and open discussion on college campuses. In his address, Savio argued that the university must return to its intended function where students are invited to explore all ideas both radical and mainstream freely and without fear of social or academic repercussion.

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Its been said, that you know weve been revolutionaries, and all this sort of thing uh in a way thats true. Weve gone back to a traditional view of the university. The traditional view of the university is a community of scholars of faculty and students get together who um you know, with complete honesty who bring the hard light of free inquiry to bear upon important matters in the sciences but also in the social sciences the question of just what ought to be not just what is.

Before discovering the work that the Berkeley free speech activists did under Savio in the 1960s, MILO inspired me to write a manifesto for college students who, in 2016, desired a similar return to form for American universities. Interestingly, a lot of the language in my manifesto echoed the sentiment offered by Savio over 50 years ago.

Savio directly called for a return to the universitys original function; a place where scholars of all political persuasions can come together and participate in freeinquiry. In my early 2016 rally cry to my conservative and libertarian peers, I argued for something very similar.

The tides are changing on the American college campus. Authoritarian administrators and faculty members and pearl-clutching campus social justice warriors are finally being challenged bya new brand of radicals poised to reclaim the American university and return it to its original function and purpose: expanding young minds.

When I first learned about Savio, I felt an instant connection to him. Aside from being 22-year-old champions of free speech and intellectual freedom on our campuses, Savio and I are both of Sicilian-American ancestry. We also both put in time as altar servers at our local Catholic churches. Despite our similarities, Savio and I diverge when it comes to personalpolitics except when it comes to free speech.

Saviojoined the socialist party as a symbolic rejection of the two-party system thatdominated the politics of not only the country but also the University of California in the 1960s. But despite our ideological differences, Savio and I sought something very similar for our campuses the return of the university to a place where students and faculty of all political persuasions are encouraged and feel welcome in expressing themselves without fear of social or academic repercussion.

Tonight, fires blazed across the same parts of the University of California, Berkeley campus from which Savio once addressed his fellow students. Attendees were attacked and left bleeding by mask-wearing thugs. Windows were smashed. A girl was pepper-sprayed.

By responding to MILOs call for no restrictions on the content of speech as Savio did so many years ago with riots and violence, the Berkeley socialists of 2017 that participated in the riots have betrayed the efforts ofthose that came before them.

Tonight, Fox 10 Phoenix anchor John Hook, during a live broadcast of the Berkeley riots, argued that MILO made his point without saying a word.

Now more than ever, we need to listen to Savios impassioned plea for a return to a university thatvalues a diversity of perspectives, keeping in mind that, tonight, some of the students who follow in the tradition of socialistic activism at UC Berkeley burned the ground on which he once spoke in the demand that the university censor speech that they found objectionable.

Tonight, Berkeley betrayed the free speech movement for which the institution is famous. The university has much work to do if it is to protect the legacy of Mario Savio and reclaim the values espoused by the Free Speech Movement of some 50 years ago.

For the rioters, engaging with MILOs call for open discussion and intellectual freedomon college campuses wouldnt be a bad start.

Tom Ciccotta is a libertarian who writes about social justice and libertarian issues for Breitbart News. You can follow him on Twitter @tciccotta or email him at tciccotta@breitbart.com

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The Night Berkeley Betrayed The Free Speech Movement - Breitbart

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College Campuses Have No Right to Limit Free Speech | Time.com

Posted: at 11:01 pm

The campus of the University of ChicagoLonely PlanetGetty Images/Lonely Planet Images

In grade school, I learned that debate is defined as "a discussion between people in which they express different opinions about something."

Such open discourse was historically encouraged on our college campuses. Universities exemplified intellectual discussion and debate in America. No one voiced their opinions louder than students, professors and administrators. They pushed societys limits by admitting women and people of color, and by encouraging diversity of thought amongst the college community . Historically, young people flocked to universities to learn more about the world around them, to encounter people from different backgrounds, to expand their minds and to form their own opinions.

Unfortunately, things have changed. Recently on college campuses, our open discourse has been threatened, particularly when discussing politics.

While the current presidential election represents polarizing wings of both the Democratic and Republican parties, we should be able to openly debate their policies and the direction in which they plan to take our country if elected. We should be able to discuss the abuse of power within our government and the consistent violations of our Bill of Rights. We should be able to participate in the free market of ideas. But our students are being silenced.

University campuses are now home to a plethora of speech restrictions. From sidewalk-sized free-speech zones to the criminalization of microaggressions , Americas college campuses look and feel a lot more like an authoritarian dictatorship than they do the academic hubs of the modern free world. When rolling an inflated free-speech ball around campus, students at the University of Delaware were halted by campus police for their activities. A Young Americans for Liberty leader at Fairmont State University in West Virginia was confronted by security when he was attempting to speak with other students about the ideas he believes in. A man at Clemson University was barred from praying on campus because he was outside of the free-speech zone. And a student at Blinn College in Texas abolished her campus free-speech zone in a lawsuit after administrators demanded she seek special permission to advocate for self-defense.

How have we let this happen in America, the land of the free?

Its because of what our universities have taught a generation of Americans: If you dont agree with someone, are uncomfortable with an idea, or dont find a joke funny, then their speech must be suppressed. Especially if they dont politically agree with you.

Instead of actually debating ideas that span topics from the conventional to the taboo, a generation of American students dont engage, they just get enraged . In doing so, many students believe that they have a right to literally shut other people up . This is not only a threat to the First Amendment, but also to American democracy.

In their manifestation, safe spaces and free-speech zones at public universities enable prejudice against unfavorable ideologies. Guised as progressive measures to ensure inclusion, these often unconstitutional policies exclude new and competing ideas, and are antithetical to a free academia. In excluding different ideologies, supposedly progressive campus speech codes do one thing: prevent the progression of ideas. Restrictive campus speech codes are, in fact, regressive.

With over 750 chapters nationwide at Young Americans for Liberty, we are fighting against public universities that stifle free speech. We've launched the national Fight for Free Speech campaign to reform unconstitutional speech codes and abolish these so-called free-speech zones on college campuses. By hosting events such as large free speech balls, YAL chapters across the country are petitioning their campuses to adopt the University of Chicago's principles on freedom of expression the hallmark of campus speech policies. Our members have geared up with First Amendment organizations to ensure that their free speech rights on campus are protected.

America is a land rooted in the ideas of a free society: the freedom to be who you are, to speak your mind and to innovate. By silencing our students and young people, we have started down a slippery slope. It is up to us to fight back to ensure that our First Amendment rights remain protectednot just on college campuses, but everywhere in America.

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Free Speech For People Staff – Free Speech for People

Posted: at 11:01 pm

John Bonifaz, Co-Founder and President

John Bonifaz is the Co-Founder and President of Free Speech For People. Mr. Bonifaz previously served as the Executive Director and then General Counsel of the National Voting Rights Institute, an organization he founded in 1994, and as the Legal Director of Voter Action, a national election integrity organization. Mr. Bonifaz has been at the forefront of key voting rights battles in the country for more than two decades: pioneering a series of court challenges, applying political equality principles, that have helped to redefine the campaign finance question as a basic voting rights issue of our time; initiating and leading a legal strategy for revisiting Buckley v. Valeo in the courts;leading the fight in the federal courts in Ohio for a recount of the 2004 presidential vote in that state; and prevailing in federal court in Pennsylvania on the eve of the 2008 election to ensure that Pennsylvania voters would receive emergency paper ballots when they faced long lines caused by voting machine breakdowns. In addition to his work in the field of voting rights and democracy advocacy, Mr. Bonifaz has also served as co-counsel in international human rights and environmental litigation, including litigation to hold the Chevron-Texaco oil company accountable for its widespread destruction of the Ecuadorian Amazon. Mr. Bonifaz is a 1992 cum laude graduate of Harvard Law School and a 1999 recipient of a MacArthur Foundation Fellowship.Back to top.

Oske Buckley is the Director of Administration and Finance for Free Speech For People. Ms. Buckley has served as the Administrative Assistant for Voter Action. Prior to joining Voter Action, Ms. Buckley worked as the Development Associate and Administrative Associate for the ACLU of Kansas and Western Missouri, where she managed the organizations donor database, engaged in event planning, coordinated and supervised volunteers, and carried out numerous administrative responsibilities. Ms. Buckley received her BA from Hendrix College in 2005 and MPA from Evergreen State College in 2013.Back to top.

Steve Cobble is the Senior Political Advisor for Free Speech For People. Mr Cobble is also an Assistant Fellow at the Institute for Policy Studies (IPS). Mr. Cobble is a longtime activist on both voting and campaign finance reform issues. He is a co-founder of AfterDowningStreet.org and Progressive Democrats of America, and has written for The Nation, HuffingtonPost, TomPaine.com, The Progressive, and many other magazines and newspapers. Mr. Cobble is a former Political Director and speechwriter for the National Rainbow Coalition, served as the National Delegate Coordinator for Jackson for President 88, and directed the Keep Hope Alive PAC. He has worked on electoral campaigns at every level from state legislature to mayor to Congress to Senate, and has had a serious role in seven presidential campaigns, from McGovern to Kucinich. Mr. Cobble once directed the Arca Foundation, served as a Fellow at Harvards Institute of Politics, and conducted election training workshops for the African National Congress in South Africa in 1991.Back to top.

Edward Erikson is a Communications Consultant for Free Speech For People. He is the Founder and President of Erikson Communications Group. Mr. Erikson specializes in the integration of social, earned and paid media across all platforms in order to tell stories, engage people and advance issues. He has been featured in CNN, Politico, Huffington Post, TechPresident, Bill Moyers and other outlets. He has taught courses in Political Theory, American Political Thought, Media and Politics at the University of Massachusetts, Amherst and was the recipient of the 2012/2013 Distinguished Teaching Award. He received his MA in Communication, Culture and Technology from Georgetown University.Back to top.

Ron Fein is the Legal Director for Free Speech For People.Mr. Fein previously served as Assistant Regional Counsel in the United States Environmental Protection Agencys New England office, where he received the EPAs National Gold Medal for Exceptional Service, the National Notable Achievement Award, and several other awards.Mr. Fein supervised the offices Clean Air Act practice and won several major cases, including a first-in-nation air quality permit for an offshore wind farm and a nationally recognized settlement requiring a power plant to virtually eliminate its use of a local river.Mr. Fein previously clerked for the Honorable Kermit Lipez of the United States Court of Appeals for the First Circuit and the Honorable Douglas Woodlock of the United States District Court for the District of Massachusetts. He has also worked as an independent consultant to non-profits, as deputy campaign manager of a congressional campaign, and in software development, for which he was awarded nine patents.Mr. Fein graduated Order of the Coif from Stanford Law School and summa cum laude from Harvard College.Back to top.

Jasmine Gomez is the 2016-18 Democracy Honors Fellow at Free Speech For People.

Ms. Gomez, a graduate from the Boston University Law School, served on the Journal of Science and Technology Law and has written about potential state responses to corporate Big Data surveillance. She has held a number of leadership roles at the law school, including as Co-President of the Latin American Law Student Association, Vice President of the American Constitution Society, Co-Chair for the First-Year Advisory Program at BU, and Networking Chair for OutLaw. During her leadership positions, Jasmine helped create, facilitate, and host at least 30 events at the law school and around the city of Boston. She also received the Emerging Leader Award from the Black Law Students Association.

While in law school, Jasmine interned at the Charles Hamilton Houston Institute for Race and Justice and the National Consumer Law Center, and has done pro bono work for the Mississippi Center for Justice and several Boston public schools. At the Charles Hamilton Houston Institute for Race and Justice, located in Harvard Law School, Jasmine researched and critiqued a variety of legal and policy issues that cause harm to communities of color. She examined prosecutorial misconduct and Title VI enforcement, worked on a team to create a robust website that connects nonprofits working on anti-racism work around the country, and worked with other organizations to create the first Massachusetts state-wide conference on criminal justice reform: Massachusetts and the Carceral State.Back to top.

Bri Holmes serves as Free Speech For Peoples Digital Media Strategist. She brings with her several years worth of digital campaign experience, as well as a background in producing a variety of multimedia content. She worked on President Obamas 2012 reelection campaign and with local elections, labor unions, a nonprofit biotech, the Aspen Institute and a public radio station. Ms. Holmes is driven by the ability of technology to activate and inspire new movements, and its potential to cross party lines and bring a new awareness to long standing issues. She is focused on the crossroads of social media, the arts and political action. Ms. Holmes received her BA from UC Davis in 2011.Back to top.

Brenna Kupferman is the Development Directorfor Free Speech For People. Previously, Ms. Kupferman held the position of Director of Development at GoodWeave, International. Prior to her time at GoodWeave, she spent more than 13 years at ActionAid USA, including as Director of Development, developing the organizations fundraising for work in the US and around the globe. Her development work has focused primarily on foundations and major gifts, and overall strategic planning. Ms. Kupferman received her BA from Bennington College and holds a University Certificate in Teaching English as a Second Language from Akron University.Back to top.

Aspen Webster is the Administrative and Development Assistant for Free Speech for People. Ms. Webster has worked in a variety of nonprofit organizations in operations, development, and programmatic capacities. She served as the Operations Manager for the National Network of Abortion Funds in Boston, MA, where she was responsible for database management, administrative duties, and event planning. Ms. Webster is dedicated to creating a just and equitable society through legal and community efforts. She graduated summa cum laude with a BA from Tufts University in 2011. Back to top.

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Survey: Fraud-free elections, free speech, key to democracy – Concord Monitor

Posted: at 11:01 pm

A survey of U.S. political science professors a month into Donald Trumps presidency shows that fraud-free elections tops a list of 19 principles as most essential to democracy, as do free speech and a free press.

Political scientists at Dartmouth College, the University of Rochester and Yale University collaborated on the survey as part of an initiative they called Bright Line Watch. They wanted to get the experts reading on the status of democratic practices and potential threats to American democracy.

Dartmouth professor John Carey said the groups motivation was impatience with many news articles saying the sky is falling with regard to the status of American democracy since Trumps victory. He added: What were doing is not motivated by a partisan agenda; its really an intellectual agenda.

Participants were asked to rank principles on how important they are for a democratic government, and then rate them on how well they describe the United States now. Clean elections and equal voting rights were ranked as high priorities for democracy.

One principle, that elections be free from foreign influence, was regarded by the vast majority as essential or important. But less than half thought the U.S. mostly or fully meets this standard, and a number said they werent sure if it did. The results probably speak to how new and unsettling the prospect of foreign interference is for many political scientists, said Yale University professor Susan Stokes, who co-organized the survey.

My own hunch is that anxiety about this issue is related not just to reporting that there was Russian influence (in the November presidential election), but also to reports of the insidious nature of that influence that it was carried out in a highly clandestine manner through hacking, and that its true nature may never be revealed, she said.

U.S. agencies, including the FBI, have been probing Russian interference in the 2016 election. Three congressional committees are conducting separate investigations into the issue, including contacts between Russian officials and members of the Trump campaign and administration.

The principle of all votes having equal impact on election results ranked low on the priority list for democracy, probably reflecting long-standing institutions of electoral exclusion and wide socioeconomics inequalities that have been matters of concern for many years, the study said.

Rated as least essential is that politicians campaign without criticism of their opponents loyalty or patriotism.

The group surveyed 9,820 professors at 511 U.S. institutions by email Feb. 13 through 19, and received 1,571 responses. The survey sample was compiled from a list of U.S. institutions represented in the online program of the 2016 meeting of the American Political Science Association conference.

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