May 4, 2005 THE MERCIAD PAGE 3
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Internationally renowned poetand translator Martin Espada didan outstanding job bringing thethird annual Literary Festival toan end on Thursday, April 28.Espada was both inspiring andenthusiastic. He captivated theaudience with one poem after. While some have referred tohim as a political poet becauseof the issues he writes about, hebelieves that he is just like any other poet, writing his feelingsand concerns.He said of his poetry, “I givehistory a human face. I try toindividualize and humanize by being particular about certainthings.” All who attended would agreethat his poetry has both real lifeand real feeling.Espada is a Puerto Rican fromBrooklyn.He has worked as everything from a bouncer to a gas attendantto a legal pad factory worker toa tenant lawyer for people living in substandard housing.In each one of his poems hislife is somehow reﬂected in it.He read from a collection thatdealt with his experiences inPuerto Rico, his many variousoccupations and his horrifying in-laws.Each one was ﬁlled with hu-mor, love, honesty, truth anddevotion to the art.He moved and swayed with the words of his poems, and the au-dience could feel his excitementand willingness to share.Richard Roth, a junior at Mer-cyhurst majoring in English said,“Espada’s enthusiasm for hispoetry is contagious.”Espada’s poetry is a beautifulblend of Spanish and English. Words, phrases and customsare intertwined magically withineach poem.He has been called the PabloNeruda of North America be-cause of all he has offered the world of poetry and the worldin general.Dr. Karen Williams, a Spanishteacher at Mercyhurst, said shehas always taught Espada’s work,but it had become a list of factson the man, and not the poet. After hearing Espada read, Wil-liams said, “He made it real forme again.”Espada has the ability to makeeverything real, and he takes thatreality and sometimes blurs it,but most of the time he illumi-nates it to give it life.For the past three years, the Trash to Treasure program hasbeen in operation at Mercy-hurst. This innovative program, start-ed by Stephanie Davison (’04), was created to reduce the amountof waste produced by studentsat the end of the year during move-out.Davison, an environmentally conscious student, noticed thatmuch of this so-called ‘trash’ wasactually reusable.Hating to see so much go to waste, Davison created the pro-gram Trash to Treasure. The program places bins inthe basements and lounges of campus housing. These bins are ﬁlled with un-opened food, clothing and otheruseful household items that arein good condition. Volunteers collect the itemsin the bins and distribute thegoods to several charities in theErie area.Over the past three years, Trashto Treasure has grown in partici-pation and awareness.Local organizations are ex-tremely grateful for the dona-tions and students get to see ﬁrsthand the difference that can bemade by recycling certain goodsand keeping them from being added to the waste in a landﬁll.Students are encouraged toparticipate, either as donors or volunteers. There will be an in-formational meeting on Wednes-day, May 4 in Hirt 103, wherefurther speciﬁcs such as datesand times will be discussed.If you are unable to attendthe meeting, or have furtherquestions, contact Dana Hy-land (firstname.lastname@example.org, x3955) or JoEllen Tay-lor (email@example.com,x3715). Trash to Treasure is a great way to help the environment and theErie community.Students are encouraged tohelp make a difference this may.It is important to rememberthat “signing the pledge is a voluntary action. If you shoulddecide to take part in this pledgedrive you will be asked to signyour name in a pledge book. This will indicate that you are willing to make the commitmentto lead a socially and environ-mentally conscious lifestyle.”But if you do choose to signthe Green Pledge, “You will alsoreceive a green ribbon to wear ongraduation day and a pledge cardto keep in your wallet to serve asa reminder.”If you would like to participatethere will be a table located in theBookstore May 9 through May 13, from 11 a.m. until 1 p.m. or7 p.m., where you can sign thebook or ask any questions youmay have. You may also stopby the Service Learning Ofﬁce,Preston 107, and see Sister Mi-chele Schroeck any time during the month of May. You must sign the book be-fore graduation, as there will beno opportunities on the day of graduation.“The Erie community hasnow committed themselves torespond to these complaints,”Howard said, of the meeting.“Mercyhurst is committed to dothe same.”Mercyhurst already has rules inplace for students who want tolive off campus. Currently, youmust be a junior or senior. Only about 280 students live off cam-pus, and Residence Life expectsabout the same number nextyear, although the ofﬁcial num-ber has not yet been calculated. Also, the necessary paperwork must be completed. A new initiative that Res Lifeis working on for off-campusstudents is an off-campus living guide, similar to the current stu-dent handbook for on-campusresidents. The off-campus living guide will be an essential tool for any-one planning to live off campus. The guide covers everything from handling a lease for the ﬁrsttime, to a guide to neighborhoodlife, Mercyhurst’s off campusliving policies and tips for keep-ing safe.It even offers a checklist forthose who live off-campus, withthings to do for Mercyhurst, alandlord and neighbors. Even re-cent graduates and non-students will appreciate the sections suchas how to handle a lease, includ-ing deﬁnitions of confusing ter-minology and easy recipes.Off-campus students will haveto attend a brief orientation tooff-campus living at the begin-ning of the school year. Howardbelieves the meetings will lastabout an hour on one evening.In the upcoming weeks, stu-dents living off campus and trav-eling to and from parties shouldbe on their best behavior and watch out for the extra patrolsand upset neighbors.Howard believes that just afew students will be affected by the changes of the city council.“ninety-ﬁve percent of our stu-dents are good neighbors,” saidHoward. “Most students won’thave any problems with whatErie is doing.”
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Green Pledge to be made before graduation day
Katie McAdams/Photo editor
By Chelsea Boothe
Literary festival comesto a close, with Espada
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By Allison Moore
Student’s participate in Trash to Treasure
Neighbors complain to Erie City Council
College purchases land for new branch campus
According to McQuillen, thecampus will focus on one andtwo year programs.“It (Mercyhurst West) willmirror that of North East inprograms,” he said.“But, the campus will have itsown unique programs as well.”McQuillen plans to build agroup of “internal” membersthat will help to organize thecampus’ programs.“There are two questions thatthe group will undertake,” hesaid. “What programs are most valuable? And most viable?”The campus’ programs, how-ever, seem to be moot when theconcern rises about draining re-sources from the main campus.“It will obviously take away some of the college’s resources,”said McQuillen.“But I do not feel it will drainthem.” McQuillen stated thatother sources such as govern-ment and state funds will alsobe used.“Though some resources willbe taken away from campus, inthe long run, it will be an assetand we will be paid back in thefuture handsomely,” he said.Former Faculty Senate Presi-dent David Livingston, who feelsthe purchase is “ﬁne” and willhelp diversify the endowmentportfolio, said that “resourcesneed to be supplied for a plan,and I do not see any strain onthem from the main campus.”Resources, however, will beneeded in the next year (Sep-tember 2007) if, according toMcQuillen, “we decide to startthe Girard campus as an interimby leasing facilities.”Some of these resources Mc-Quillen mentions include faculty, which, according to Livingstonhave “mixed” views. “We (thefaculty) believe it is very impor-tant to have a plan in place aboutthe degrees and classes offeredat the west county campus,” saidLivingston.McQuillen agrees the faculty has a “variety of viewpoints.” According to McQuillen,“some strongly support to bring in students from the west county and northern Ohio,” he said.“I feel that the faculty believesthis is part of the Mercyhurstmission.”Livingston believes that eventhough there are no deﬁnitiveplans yet, “people should waitand see if it will work beforemaking opinions.”
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The Federal Reserve hikedits benchmark interest rate by another quarter-point to threepercent on Tuesday and hintedthat further rate increases may be needed to curb inﬂation evenif they further slow the U.S.economy.Tuesday’s rate increase was theFed’s eighth consecutive quarter-point hike in the federal fundsrate, which banks charge eachother for overnight loans, sincelast June. Mortgage rates andconsumer loans tend to rise andfall with the fed funds rate.The Fed is at a fork in theroad after 10 months of credittightening: The rationale forraising rates further is balancedby the argument for pausing,an issue the Fed will have to ad-dress at the next meeting of itspolicy-making body, the FederalOpen Market Committee, on June 29-30.“There is no clear direction. We are not `obviously’ going tocontinue in a tightening cycle,and we are not `obviously’ atthe end of one,” said Stephen Wood, a portfolio strategist forthe Russell Investment Groupin Tacoma, Wash.Fed Chairman Alan Greens-pan and his fellow central bank-ers are struggling to check rising inﬂation without stalling a slow-ing economy. They’re trying toget to a “neutral” zone, wherecredit policy neither stimulatesnor slows the economy.Their work is complicated by conﬂicting, even contradictory,trends.High oil prices are spark-ing inflation throughout theeconomy, prompting the Fed toraise interest rates. Core inﬂation,not including volatile food andenergy prices, continues to rise worrisomely, according to gov-ernment measures of wholesaleand retail prices, as well as thegross domestic product deﬂator,a broad inﬂation barometer theFed favors. The trend argues forraising interest rates further tocurtail borrowing and thus slow economic activity.But other data indicate thateconomic activity already isslowing, and there are ample warnings that too much credittightening by the Fed could trig-ger a recession.Business spending is downsharply. Consumer spending drives two-thirds of all U.S. eco-nomic activity, but inventoriesare growing in warehouses andstockrooms, signaling consumerretrenchment. And ﬁrst-quartergrowth in the gross domesticproduct, the broadest measureof goods and services produced,slowed to a 3.1 percent annualpace. That was well below expec-tations, as the Fed acknowledged Tuesday.Although job growth is im-proving, it said, inﬂation pres-sures “have picked up in recentmonths and pricing power ismore evident.”Central bankers promised tocontinue pushing up rates “ata pace that is likely to be mea-sured.”At the same time, the Fedhedged by issuing a follow-upstatement two hours after itsinitial one. That suggests that theFed believes inﬂationary pres-sures are temporary.Many analysts say the Fed now faces a conundrum. The Fedcould go either way at its Junemeeting.
By Kevin G. Hall
Night Ridder Newspapers
Next Fed action unclear after raising rates again