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SMU joins Dallas’ Pride Parade
Which players broke records this weekend?
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technology
Rings honor, inspire students Qraft: A crafty start up for vehicle rental By STEPHANIE BROWN
A SIDE OF NEWS
Contributing Writer stephanieb@smu.edu
Yemen police shoot protestors State security forces opened fire into a crowd of anti-government protesters in Yemen’s capital on Sunday. Of the 100,000 protestors at least 12 were killed and some 200 were injured. This is the first time the government struck back against protestors in a few weeks. Yemeni President Ali Abdullah Saleh was injured during an assault on his compound three months ago, and has yet to return from Saudi Arabia, where he is receiving medical care.
Two Florida pastors shot A gunman killed one person in a residence in central Florida, before bursting into a church Sunday. He shot and wounded the pastor and his associate before parishioners tackled him. The morning service had ended and the staff was preparing for the next one when the shooter arrived and opened fire. The 57-year-old gunman was held down until the police arrived and took him into custody.
Quake hits India, Nepal On Sunday, a 6.8 magnitude earthquake hit the northeastern state of Sikkim, India near the border of Nepal. Much destruction occurred, including buildings collapsing and roads were blocked. Five in Nepal have been reported dead, and four were killed in Sikkim. The death toll is expected to rise once reports come in from smaller villages. The quake spanned a large area, and triggered at least two aftershocks of magnitude 6.1 and 5.3.
Grizzly bear kills hunter A wounded grizzly bear in Idaho killed a hunter as the man yelled out at the animal. Steve Stevenson, 39, died in the attack on the Idaho-Montana border. Stevenson is the third American killed by grizzlies since July. He and Ty Bell, 20, were part of a four-man party from Nevada that came to hunt black bears. Stevenson and Bell both shot at the bear, but it kept charging at the two men. Stevenson yelled at it to distract it from Bell.
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The first ring ceremony with the SMU centennial ring took place Sunday afternoon in McFarlin Auditorium.
By RAHFIN FARUK Contributing Writer rfaruk@smu.edu
SMU celebrated its seventh annual ring ceremony on Sunday, honoring the achievements of upperclassmen “The ring is a symbol for a strong Methodist education to be good citizens and productive members in a profession,” Dr. Lori White, the vice president of student affairs, said. The ring is an attempt by the university to create brotherhood and sisterhood among all SMU graduates. Because all the rings share the same external characteristics, it will be easy for fellow graduates to recognize and acknowledge each other. Other universities, such as the Massachusetts Institute of Technology and Dartmouth College,have a strong ring tradition that creates a ‘helping-
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important event for classes to come,” Turner said. In usual Turner fashion, he put a humorous end to the speeches. “For those that have the 60 plus hours needed to acquire a ring, do not blow it.” The ring symbolizes the dreams and hopes of classes that have yet to walk through the doors of Dallas Hall. As SMU continues to rise in the rankings, the ring is an icon that resonated among underclassmen in attendance. “As a first-year watching the ring ceremony, it inspired me to be sure to keep connections with my graduating class and work hard to uphold the SMU name,” Mehdi Hami said.
Spirit, traditions celebrated over family weekend By GRACE DAVIS Contributing Writer gdavis@smu.edu
Dressed in Harvard Red and Yale Blue, SMU aluma Holly Austin Carroll tailgated on the Boulevard Saturday with her daughter, a SMU senior. She was excited to celebrate her daughters’ education as well as her own. Each fall semester, parents, siblings and extended family are encouraged to visit SMU for Family Weekend and participate in campus activities. This year’s theme was “SMU: It’s a State of Mind” and had approximately 850 families in attendance. Throughout the weekend, families were invited to events including, the Mom’s Club luncheon, Abroad Information session, Ford Stadium tour, Taste of Dallas Dinner, the 36th Annual Talent Show and a Boulevard Barbecue before the SMU football game. “It’s going great,” Family Weekend Chair and SMU junior
John Angle said Saturday on the Boulevard. “Families are happy. We’re doing a great job and I’ve been very proud of my committee.” Perspective high school students and younger siblings were able to attend an Admissions Reception and Panel on Friday afternoon. The panel consisted of admissions counselors, students and parents. Five hundred and fifty people attended the Taste of Dallas dinner held on Friday night. The dinner featured five local restaurants; Rathbun’s Blue Plate Kitchen, Nick and Sam’s Grill, Patrizio’s, Mi Cocina and Society Bakery. “Overall, I think it was a big success in part because we wanted to pick restaurants that we know SMU students and families frequent,” Hammesfar said. Angle believed he achieved his goal for the weekend. He wanted families to feel the SMU spirit and have a great time participating in SMU’s traditions on campus. He also wanted parents to know
SPENCER J EGGERS/The Daily Campus
Belletones performed Friday evening as part of SMU’s talent show in McFarlin Auditorium.
their students are doing well at school, especially first-years. However, the main reason
families keep coming back to SMU for Family Weekend is for their children.
“We love the boulevard and seeing the kids and going to the game. We love it,” Carroll said.
finances
Monthly payments are most important for credit cards Contributing Writer psheth@smu.edu
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hand’ atmosphere among all of its graduates. “The Class of 2012 will leave their symbol as all other classes have done in the past with this ring. The ring is symbolic of companionship and caring for each other,” Austin Prentice, student body president, said. Stephanie Brown, president of The Union, said, “The ring agrees with the goals of the union. Loyal alumni are the life and blood of the institution and its future.” President Turner, who was presented with a ring to symbolize his contributions to the university over the last 16 years, described the ring as symbolic of the SMU Centennial. “The ring has an inside that is specific to the Centennial. It’s an
Discount. Coupon. Price cut. These three phrases may be among the favorite phrases of a college student—excluding “free.” One thing college students are aware of is cost. Any chance to lower a price, especially if we can get it for free, you’ll bet we’ll line up. Let’s take it one step further. Any way we can make a little extra cash, bring it on. As Generation Y becomes what could be coined as the “free” generation, startup companies are tailoring their business models to our wants. Qraft, a startup that launched Tuesday, allows owners of leisure vehicles to post their “toys” on their website to rent and make money on them. These leisure vehicles include motorcycles, boats, cars and even planes. The idea is to allow the common person to use high-end toys at a discounted price while allowing the renter to make some cash. “My family has a ski boat at home that we don’t use while my siblings and I are at school, and it’d be great to make some money on it while we’re away,” sophomore John Frank said. This California startup permits
you to rent the posted items at a daily, weekly and monthly rate. For those negotiators out there, it is possible to finagle the price once you’re in touch with the renter. Since the company is only two days old, Qraft does not have locations in all states yet. However, they do have a decent selection of toys on their website that are readily available for rental. While Qraft charges a transaction fee for the owner renting the leisure vehicle, registering the toy is free. “It sounds like a good idea, especially for people who wouldn’t otherwise be able to afford the full price of the vehicle,” junior Madison Tulle said. In an attempt to avoid the unfortunate predicament of a similar real estate startup, Airbnb, Qraft has taken precautions to implement an insurance policy for those renting their toys. According to the well-known tech blog, TechCrunch, Qraft also has a system for confirming driver’s license information through scans to capitalize on the insurance of their owners’ toys. With fall break approaching, this may be something worth looking into while vacationing, whether you’re the owner or the renter. It will be interesting to see if this crafty business model will prove to be successful for Qraft.
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By PARTH SHETH
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MONDAY , SEPTEMBER 19, 2011
Nowadays, there is a credit card for just about everybody. However, when you are ready to look for a trustworthy credit card, you should not only know how they work, but you must also be patient and willing to research different cards before deciding which one you want. There are three main categories of people when it comes to credit: those with bad (or nonexistent) credit, those with mediocre credit and those with good credit. Most students usually fall under the first or second categories, simply because they have not had
to finance themselves, or they have not had the chance to prove their financial trustworthiness. As a result, you must start with an unsecured credit card, which is the most basic type. Although these cards do not have the best rewards or programs, it is the only way to start. As long as you make your payments on time and show your responsibility, you will improve your credit score substantially. In turn, you will be able to apply for better credit cards as you move on to the next parts of your life. When advertising credit cards, businesses will often show customers enticing statistics that
make offers look more appealing. It is crucial not to judge the companies based on what they say; rather, you must look at the fine print to fully understand what you are signing up for. First, you must understand the different terms that appear within the fine print of each offer, such as annual percentage rate (APR). APR is basically the rate used to find the interest you pay for using the credit card company’s money. There are different APRs for different transactions: purchasing, balance transfers and cash advances. The purchasing APR is the interest rate that applies to day-
to-day purchases. The balance transfer APR applies to the transfer of money (or credit) from one account to another. The cash advance APR applies to withdrawing cash by borrowing it from the credit card company. When making any transactions, this rate becomes extremely important. For example, if you borrow $1000 from somebody, they would usually ask you for $1000 back at a future date. However, a credit card company will charge you for using their money; this amount is based on your APR. Each time you pay them a
portion of this $1000, they will make you pay a percentage of this for their services. The more and more you pay of this debt off, the less interest you will have to pay each month. Additionally, there are fees in these contracts with credit card companies. If you make a late payment, the lender can charge you. They will also record this and make sure it is part of credit history. Some credit cards also have annual fees, which are yearly fees paid for using a lender. So, if there is a lesson in this, it is to borrow money only if you can make the monthly payments.