opinions editorial opinion The party's over Penn State has been called a "profes sional party school," with a reputation for rolling out a keg for every occasion. Well Penn Staters, the party's over. On May 1, the last day of Spring Semester classes, University Presi dent Bryce Jordan lowered the boom : Penn State will crack down hard on alcohol consumption on University property. Whether or not the administration intended to sneak the policy announce ment past students who were busy preparing for finals and the end of the semester, Penn State students must realiZe that this policy will have far reaching effects on their social lives. The University's new alcohol policy was developed out of 15 months of work by the President's Task Force on Alco hol. The policy says students under 21 cannot possess or consume alcoholic beverages anywhere on University property specifically in the resi dence halls. In addition, undergraduate-regis tered student organizations, including fraternities and sororities, can no long er serve alcohol at any function on University grounds. This includes serv ing alcohol at organization-sponsored tailgates. Most significantly, the Uni versity will no longer be responsible for daily Collegian Wednesday, August 27, 1986 ©1986 Collegian Inc. Anita C. Huslin Editor William G. Landis Jr Business Manager The Daily Collegian's editorial opin ion is determined by its Boarp of Corporate America: Modern-day raiders threaten the job security of graduating college students Corporate America . has assumed a defi nite trend since the late 19705. Double digit inflation and prime lending rates above 15 percent have taken a nap, money is cheap with prime resting comfortably at about 7 percent, and the age of the leveraged buyout is here. It seems that we hear about one company being swallowed up by another almost ev eryday; more and more of these takeovers are hostile. When I say hostile, I mean that the company being acquired is not for sale, but rather a proxy fight for control of the company is being fought. So why, as college students, should we be interested in this recent phenomenon? After all, even after we graduate and enter the enormous world of business, we won't have any impact on the decisions about company takeovers anyway. Many college students are looking for the highest paying job with the most benefits, the most security and the most room to grow within the company. But as many will soon find out, there are more criteria that must be considered when looking for em ployment in corporate America these days. On the subject of job hunting, more senior executives are cautioning graduates of the alcohol-violations that occur off-cant pus. Despite the immediate outcry / from the greek community, the new policy is fair and calls for minimum regulation. The facts are simple: The University must comply with state alcohol laws and something had to be done about the liability and insurance problems plagu ing Penn State. Severing liability ties with the greek system is particularly appropriate be cause the University has neither the authority or the ability to enforce any regulation off campus. Greek organizations have enjoyed protection under the University's broad wing and benefited from liability insurance coverage without being sub ject to excessive regulation. It is doubtful that the greek system would be willing to accept much more interference from the University. Con sequently, if greeks want to drink, they must accept the legal responsibilities that go with it. But responsibility for the new alcohol policy's success does not rest exclu sively with student organizations. In the policy announcement, Jordan stressed new alcohol awareness pro graths and more non-alcoholic on-cam pu s social activities. The administration has suggested these Opinion, with the editor holding final responsibility. Opinions ex pressed on the editorial pages are not necessarily those of The Daily Collegian, Collegian Inc. or The Pennsylvania State University. Collegian Inc., publishers of The Daily Collegian and [elated publica tions, is a separate corporate insti tution from Penn State. About the Collegian: The Daily Collegian and The Weekly Collegian are published by Collegian Inc., an independent, non- • • 'k ) future takeovers of seemingly invulnerable companies. But how the hell do we know what company is vulnerable or not? And for that matter, not everyone is willing to work their tail off six days a week for an up-and coming firm. James P. Schadt, president and chief executive officer of Cadbury Schweppes, is ono of many topguns of American firms that is concerned about the future of this coun try's youth. "When looking for employment in a large company, one has to look at the same aspects of the company that a future share holder does," he said. "If college students are looking for the company that pays the most, then they are profit corporation with a board of direc tors composed of students, faculty and professionals. Students of The Pennsyl vania State University write and edit both papers and solicit advertising material for them. The Daily Collegian is published Mon day, Tuesday, Thursday and Friday dur ing the summer, and Monday, Tuesday, Wednesday, Thursday and Friday during the semester. It is distributed on the University Park campus. The Weekly Collegian is mailed to Commonwealth campus students, parents of students, alumni and other subscribers who -want to keep abreast of University news. hu4, k -a new programs, now it must follow up and get them rolling. With the exception of the new under -21 club, the Asylum, that opened on a temporary basis during Spring Semes ter, there are few University-spon sored non-alcoholic social activities at Penn State. The University's "Diversions" pro gram, which included events like free movies and concerts this summer, was another attempt to provide students with non-alcoholic enterainment. Similar programs that do not involve drinking are also offered during orien tation week. Unfortunately, these pro grams disappear once classes start, leaving students to find other, more inebriating forms of recreation. The administration cannot push the alcohol problem aside simply because the University has accomplished what it set out to do get the liability problem out of its hair. The Universi ty's policy talk must be followed up with action. Action designed not only to fulfill the University's needs, but the students' as well. This editorial is based on a previous editorial that appeared in The Daily Collegian on the first day of the Summer Session. We are repeating the information to ensure that all Penn State stu dents are aware of the implications of the new policy. sealing their own fate because that compa ny may well be paying them too much." Schadt adds that if companies are paying employees too much, their cost of producing their products or services is so much that they cannot effectively compete with a small, lean company where employees are not paid as much, work harder and produce their product for less and grow faster than a larger company. A better understanding of the reason why takeovers happen can aid college students by better equipping them with information to make right decisions to find out where job security really exists. Richard Galley, a partner and senior vice president with Furman, Selz, Mager, Dietz and Birney, a Wall Street brokerage firm, mapped out the reason why these takeovers unfold. "The party who is doing the taking over thinks that they can earn a greater return on the assets the company currently pos sesses than the existing management is reaping." Since companies borrow nearly 90 per cent of the money needed for takeovers, the future return must be substantially more than the cost of borrowing. reader opinion Police state The new cruising law in State Col lege is both absurd in itself and an example of a disturbing trend in America. This law is futile, acts to lower public respect for the police and deprives Americans of yet another freedom. The cruising law is a perfect exam ple of a law that cannot be fairly enforced. The police have already admitted that they will pick on con spicious automobiles I guess its just their tough luck! Instead of patroling the streets to prevent break-ins, robberies, drunk driving, etc., the police will waste their time and the public's money on preventing the heinous crime of cruising! The Daily Collegian is looking for a few good column ists for Fall Semester 1986. Columnists will be expected to write opinionated, well-written and researched columns for the editorial opinion page concerning controversial issues or topics that are currently capturing the public's attention either locally or nationally. Applications are now available in 126 Carnegie Building. All former columnists must reapply if they want to retain their position. Please pick up an application for further details. The deadline for all applications is Wednesday, September 3, 1986 at 5 p.m. " HOW WOULD N 401.1 LIKE. lb BE U.S. AMBASSADOR TO The futile attempt to enforce. this absurd law can only lower the image of the police. , I have recently returned from Ger many and although one barely no tices the police, the crime rate is much lower the news is not filled with murder, rape and shoot-outs. The police have a low profile and, consequently, are highly respected, because when they make an appear ance, people know it's serious busi ness. In America, our men in blue hide behind trees and bushes waiting to pounce on hapless motorists, under age drinkers, prostitutes and pur chasers of pornography. These "offenses" are impossible to prevent didn't we learn anything from the failure of prohibition? Pro hibition made the Mafia in the United Help Wanted More often than not, the company is totally restructured and several divisions are sold. And yes, thousands of people get fired in the process. This becomes nec essary in order to help pay off the debt incurred by the acquisition. It is easy to see that corporate raiders think they are doing nothing but good. Their best argument is that they are helping American companies become more effi cient and better able to compete in the global marketplace. In actuality, most of these takeovers are thwarted by either the Securities and Ex change Commision or the existing compa ny. But in the process, corporate raiders can exact huge sums of cash from these attempts. Their large number of shares either have to be bought back by the compa ny at a premium price or they end up taking control of the company. The intense amount of attention focused on efficiency has been heightened more than ever before. During the 19705, medio cre companies could survive in the market place by simply jumping on the bandwagon of inflation and raising prices. With infla tion practically nil these days, companies The Daily Collegian Wednesday, Aug. 27, 1986 40 • ~,,, ,5r%0n 4 AFRICA ? t‘ States. If we were to regulate what we can't prevent, we would deprive organized crime of lucrative busi nesses and create additional revenue for the state. Instead, we must now worry less, in our zeal to find a good parking space, we are arrested for cruising! But, most of all, the cruising law is another freedom lost. The law exists to protect us citizens from harm in order that we may enjoy our lives and the privilege of being an American. When we can concentrate more on what we can do instead of what we are or are not "allowed" to do, there will be a greater observance of the laws that exist to protect our freedom and safety. Otherwise, we are in danger of living in a police-state. Questions should be directed to Opinion Editor Jill Graham or Assistant Opinion Editor Alan J. Craver in the Collegian office or at 865-1828. The Daily Collegian is also accepting applications for an editoril cartoonist. You must demonstrate profi cient drawing ability along with a perceptive grasp of current events and the ability to comment on them on a regular basis. Applications are now available at the Collegian in 126 Carnegie Building. The deadline for applications and drawing samples is Friday, Sept. 5. are being pressured to tighten their belts. No longer can you be competitive with high prices, someone will always sell it cheaper. So it seems that in our fight for employ ment in the upcoming years, we need to better consider all possibilities. With com panies that seem relatively secure being caught in the` vacuum of takeover bids everyday, we must think about these facts when considering whether to dedicate a large portion of our lives to an organization. As a concerned college student, I can only hope that our nation's youth does not lose their courage and faith in the American way. Rumors from parents regarding job security and company loyalty only stem from their experiences in the marketplace. Remembrances of their parents going through the depression have slanted their views of modern times. Times change, and like Schadt said, "the real job security lies in the hard working people with the loyalty to the job, not to the company." Maik S. McWhirter is a freshman major ing in political science and a sports writer for the Daily Collegian. n.~CTiug .t~v76 Duane A. March 8.P11.-ancient history • • • Farewell: Ring closes up shop and goes on his way to The Real World in Danville, Illinois My father always told me that when it's time to say goodbye, the best way to do it is short and sweet. One of his favorite tech niques in getting around painful, awkward farewells was to make a big scene in the office several days prior to his departure and say something to the effect of "Now hear this! I do not I repeat not want a going-away party held in my honor. Is that understood?" Now I should point out that my father is not a bombastic, unfeeling ogre. He is a soft spoken, deeply sensitive man whose insight, intelligence and sense of humor draws oth ers toward him. It is that very sensitivity that moves him to take such great pains to avoid saying goodbye. He knows that if he lets his guard down against the feelings of sadness that accompany farewells, chances are good that he might change his mind about leaving in the first place. This column, then, by right should be equally aloof and understated as my fa ther's farewell policy. Then again, I ain't my dad. This summer, some man from Illinois woke me out of an afternoon nap to offer me a job scribbling in his newspaper. It seems he'd seen my scribbles in The Daily Colle gian and thought he'd like me to make a mess of his editorial page, too. I said fine, and so, at 7:30 a.m. on Tues day, September 2, I'll walk through the THIS SALE'S FOR YOU! 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FEEL FREE TO BROWSE THROUGH OUR PORTFOLIOS OF SAMPLE RESUMES AND SEE THE DIFFERENCE THAT QUALITY TYPESETTI N C A N MAKE. doors of the Danville, Illinois Commercial News and officially return to that dreaded void we like to call The Real World. Funny thing about this getting-a-job stuff, though. As soon as I decided to go to Illinois, the national pastime suddenly became tell ing me how lucky I am and how happy I should be. It is to laugh. People don't seem to realize that I've already been a part of the real world ; Hell, that's why I went back to grad school in the first place. I had a decent job that was paying decent money. I was living at home, so saving money was no problem. My par ents had a VCR, a microwave, cable, air conditioning, an always-full refrigerator, and a spare 10-dollar bill every weekend. I had everything a 22-year-old could want. Everything, that is, except freedom. See, while you're at college, it's difficult / f/d6 to appreciate just how much freedom you have. Now, I'm not talking about freedom from your parents or anything like that; that kind of freedom is probably the only thing college students never take for grant ed. Instead, I'm talking about things like the times when you just don't feel like going to class or when a beer sure would taste good or when you think a couple hours of basket ball would be just the ticket to help you get rid of some of that extra energy you've been carrying around. I'm talking about the freedom to see your best friends any time you want or cut out for the weekend or watch MTV all night. You know, the kind of freedom that matters. I'm also talking about the kind of freedom that allows you to delude yourself long enough that you believe you could one day become anything your heart desires. When I walk past the Undergraduate Student Government offices in the HUB, I see future members of Congress. When I pass a Steamin' Norbert's cart, I see some one headed for Merrill Lynch or Price-Wa terhouse. And when I walk into the Collegian offices, I see future members of the staff of The New York Times. Okay, so maybe these are delusions of grandeur. All I know is that it was the prospect of deluding myself about one day becoming an editorial cartoonist that brought me to Penn State in the first place. And let me tell you that I've never had as much fun in my life as I've had deluding myself at University Park. I've been ironi cally referred to as "omniscient," had my work termed a "dilatory diurnal diatribe" and had some women claim that I can't appreciate the beauty of a black woman (I just love mentioning that), and believe me, I've never been happier. Now, as the frontier of The Real World creeps closer, I can't help but think back to all of the things that I wish I'd done while I was here. And I certainly can't think of any better way to express to you the importance of those things to me than a bona fide, imitation "Late Night with David Letter man" Top-Ten list. Call it "Top Ten Things Ring Would Like to Have Done before Leaving Penn State." Here goes Paul, do we have music to go along with this? (Cue the muzak version of "I've Loved These Days" by Billy Joel). 10. See what Bryce Jordan's sneakers reallylook like. 9. Wear black and sit on the wall on College Avenue. 8. Do a cartoon on how utterly ridiculous it is for anyone to have to pay for a bluebook. 7. Pet a cow at the School of Agriculture. 6. Spend my life savings on a watch at the Penn State Bookstore. ll)!UOJI/. )!UOJI/j4)!UOJI/.l1)!UOJ>1/.l1)1UOJV.L1)!LWI ft_p!UOJ>l f . LI)!UOJI f.l.p!UoJ>l 25% On diamonds of 1 / 2 carat or more. This week only. The diamond solitaires listed are part of a special collection and are subject to prior sale. These are excellent values, each one set in 14Kt. gold. Carat Weight Cut Marquise Marquise Round 216 E. College Ave. onich . / kranich*/ kronichr lonich'fkranich'ikranich'ikranich'ikranic ROCKIN' PSU Reg. Price Sale 780 00 1,795 w 4,550 00 1,290°' 2,250 00 4,650 00 3,250°' 3,000 00 1,135 00 1,57500 967° 1,687°' 3,487°' 2,437°' 2,250°° 851°° I,lBl°° ACCOUNTS INVITED - UP TO A YEAR TO PAY OR USE YOUR CONVENIENT VISA/MASTERCARD/AMEX REGISTERED JEWELER - AMERICAN GEM SOCIETY mkranich*/ —Our 82nd Year— The Daily Collegian Wednesday, Aug. 27, 1986-1 5. Look up dirty books on LIAS. 4. Down a few beer bongs with Joepa. :. Conduct research confirming the fact that reading The Centre Daily Times can give you zits. 2. Collect a couple of grand from Sera- Tee because I have some wonderful new type of plasma. (Here it comes, cover me Paul) 1. Do a cartoon so astoundingly astute that the Board of Trustees calls an emergency meeting to completely di vest Penn State's holdings in South Africa. Well, I guess the time for dreams and delusions is about over and I guess I've gone far enough against my father's style of saying goodbye, so I'll get going. There are just two more things I want to say. First, for all of its imperfections, Penn State truly is a special place. To those of you lucky enough to be staying on here, I say enjoy it while you can because one day you might end up in Illinois. And second, keep on reading this paper, and especially this page. There are some terrific people here working pretty damn hard for you. And besides, reading anything else is probably bad for your complexion. Rob King was a graduate student major ing in journalism and the editorial,cartoon ist for the Daily Collegian. SAVINGS Carat Weight Cut Reg. Price Sale 234-4481 C G 'ikronich'i - s I,