Trump nominates Jay Clayton chairman of the SEC -statement

Trump nominates Jay Clayton chairman of the SEC -statement

WASHINGTON, Jan 4 (Reuters) – President-elect Donald Trump said on Wednesday he intends to nominate Jay Clayton, a partner with law firm Sullivan & Cromwell LLP, as chairman of the Securities and Exchange Commission.
“Jay Clayton is a highly talented expert on many aspects of financial and regulatory law, and he will ensure our financial institutions can thrive and create jobs while playing by the rules at the same time,” Trump in a statement. “We need to undo many regulations which have stifled investment in American businesses, and restore oversight of the financial industry in a way that does not harm American workers.”

Some people believe that humans

Although every society has a specific culture, there are certain elements of culture that are universal. They are known as cultural universals, in which there are certain behavioral traits and patterns that are shared by all cultures around the world. For instance, classifying relations based on blood relations and marriage, differentiating between good and bad, having some form of art, use of jewelry, classifying people according to gender and age, etc., are common in all cultures of the world.

Some people believe that humans are the only living beings who have a culture. But, there is a group of people who believe in the existence of culture even in animals. It is said that animals have certain social rules which they teach their young ones as a medium for survival.

Culture is necessary to establish an order in the society. It is not only a means of communication between people, but also creates a feeling of belonging and togetherness among people in the society.

Culture rules virtually every aspect of your life and like most people, you are completely unaware of this. If asked, you would likely define culture as music, literature, visual arts, architecture or language, and you wouldn’t be wrong. But you wouldn’t be entirely right either. In effect, the things produced by a culture which we perceive with our five senses are simply manifestations of the deeper meaning of culture – what we do, think and feel. Culture is taught and learned and shared – there is no culture of one. Finally, culture is symbolic. Meaning is ascribed to behaviour, words and objects and this meaning is objectively arbitrary, subjectively logical and rational. For example, a “home”, is a physical structure, a familial construct and a moral reference point – which is distinct from one culture to another.

Culture is vital because it enables its members to function one with another without the need to negotiate meaning at every moment. Culture is learned and forgotten, so despite its importance we are generally unconscious of its influence on the manner in which we perceive the world and interact within it.






Culture shock is a condition that affects people who travel to a country different from their own. The term describes a traveller’s feelings of bewilderment when the environment and culture change from the one that he or she is familiar with. The unfamiliar surroundings, foreign language and strange habits of a new country can all contribute to culture shock. Culture shock is not just suffered by those who travel and live abroad. Any change in surroundings can bring about the feeling of culture shock. If a person leaves home for the first time and goes to college, then the new environment and new experiences may be a shock to the system.

Although culture shock is a state of mind, it can result in many symptoms, both physical and mental. Anyone who has moved from home for the first time or to a new city is probably familiar with the immediate feeling of bewilderment and sometimes loss. Sadness and loss, however temporary, are only natural when living in a new place far from home. The mind needs time to familiarize itself with new surroundings and new ways of life.

Some people experience physical symptoms due to culture shock. They may feel ill or suffer from sleeplessness or mood swings. Although homesickness is considered a state of mind, it can bring about symptoms such as irritability and a short temper when confronted with confusion over a new culture.

If living in a new country, the best way to deal with culture shock is to integrate slowly. Be aware that everyday tasks may be completely different from the way they were back home. A simple task such as ordering a meal in a restaurant may require learning a whole set of new social skills. The feeling of excitement upon entering a new country can soon dissipate as a whole new set of life skills must be acquired.


them and not for others! A much less able public speaker, or even one who might never have spoken in public might be a much better teacher. The point is that knowing that and knowing how are two different kinds of knowledge!

In philosophy, knowing that something is the case implies that what is known is true. Can we sensibly say that someone knows something, but it isn’t true? We cannot know that something is the case unless we are able to show that it is also true.



There are three ways we might say that something is true:

  1. It is self-evident.
  2. It accords with the facts.
  3. It is consistent with our knowledge and reasoning.



To know something is the case without reasoning or using sense experience is to use intuition. For example, in ‘a straight line is the shortest line that can be drawn connecting two points,’ we do not imagine every possible scenario, let alone observe every case, nor do we use reason. It is something we intuitively know as true. (Even if it isn’t true in all mathematical systems!) Likewise, if we recognise something as great art, then we may not be able to categorise every reason that makes it great art. Similarly, in English, no one can state the rules for the use of the word ‘the’ in every case, but native speakers intuitively know what is right.

However, have you ever refused to do something because you were afraid? Have you ever felt that something could be so good for you that you jumped in without thinking? Aren’t some things which are so obvious at the time, later considered rash and misguided? Does this mean that intuition depends on using reason to dispel the irrational?

Intuition is a clear, certain and immediate knowledge that something is so. Some types of intuition, such as knowing that a given artifact is a valuable antique may require that we know about antiques. So other types of knowledge are important. Reason is necessary for an intuition. This does not mean that the intuition is arrived at by reasoning, simply that reason is needed to support intuition or to eliminate barriers to intuition.



Suppose you all landed on Mars, a dusty dead planet. You see a bunch of grapes growing on a vine. You look away, and look back and they are still there. You eat one, and carry out various tests, all proving that there is a bunch of grapes growing on a vine. You can see and experience the grapes. You involve others and they all see the grapes and have the same experiences. Do you conclude that there is a vine with grapes growing on Mars, a dead planet with no water, or what? The evidence accords with the facts.

So back to Earth you go. ‘How was Mars,’ they say and you tell them about the grapes. What is their reaction? They say, “Vines grow on soil with water. You didn’t see any grapes or a vine.”

And are they right? Yes. These observations are so inconsistent with our knowledge that they just aren’t acceptable. No water, no grapes!



You have the right to have your own beliefs, and to say and write what you think.

No one can tell you what you must think, believe, and say or not say.

There is freedom of religion.  Everyone is free to choose their own religion and to worship and practice their religion as they see fit.

Every individual has the right to enjoy their own culture, along with other members of their group, even if their group is a minority.

There is freedom and pluralism in the mass media.

You can choose between different sources of news and opinions to read in the newspapers, to hear on the radio, and to watch on television.

You have the right to associate with other people, and to form and join organizations of your own choice, including trade unions.

You are free to move about the country, and if you wish, to leave the country.

You have the right to assemble freely, and to protest government actions.

However, everyone has an obligation to exercise these rights peacefully, with respect for the law and for the rights of others.

Democracy is a system of rule by laws, not by individuals.

In a democracy, the rule of law protects the rights of citizens, maintains order, and limits the power of government.

All citizens are equal under the law.  No one may be discriminated against on the basis of their race, religion, ethnic group, or gender.

No one may be arrested, imprisoned, or exiled arbitrarily.

If you are detained, you have the right to know the charges against you, and to be presumed innocent until proven guilty according to the law.

Anyone charged with a crime has the right to a fair, speedy, and public trial by an impartial court.

No one may be taxed or prosecuted except by a law established in advance.

No one is above the law, not even a king or an elected president.

The law is fairly, impartially, and consistently enforced, by courts that are independent of the other branches of government.

Torture and cruel and inhumane treatment are absolutely forbidden.

The rule of law places limits on the power of government. No government official may violate these limits.

No ruler, minister, or political party can tell a judge how to decide a case.

Office holders cannot use their power to enrich themselves.  Independent courts and commissions punish corruption, no matter who is guilty.

If democracy is to work, citizens must not only participate and exercise their rights.  They must also observe certain principles and rules of democratic conduct.

People must respect the law and reject violence.  Nothing ever justifies using violence against your political opponents, just because you disagree with them.

Every citizen must respect the rights of his or her fellow citizens, and their dignity as human beings.

We spend a lot of time

We spend a lot of time analysing and speculating on just why people love the music they love. Is it the people we surround ourselves with? The place we grow up in? The music our parents like? Plenty of actual proper, not just guessing, research has gone into it, and has largely concluded – err we don’t really know.

One factor that obviously greatly affects the music you love though is incredibly simple; the year that you were born! Born in the 1930’s and you’re considerably more likely to look back on Chuck Berry and his fellow rock’n’rollers with fondness than someone born in 2003; equally we doubt many people born in the 1950’s are getting blown away by the latest record on the grime scene. Of course it’s not quite as simple as you’re going to love the records in the charts when you were in your formative years, a quick look at the charts of our thirteenth birthday would suggest the likes of All Saints, Boyzone and (eurgh) Kula Shaker should have more impact on us than is instantly apparent.

Ultimately your taste is not defined by your age or any one factor; the records your parents play when your mind is being shaped, the records that shift you to those early gigs and sticky floored night clubs, and your desire (or not) to seek out new music will all shape that record collection that so perfectly represents you – but perhaps like us you’ll never quite get over the fact Geri Halliwell was number one on your sixteenth birthday singing a song about men falling out of the sky; some records just never leave you, no matter how much you want them to.


Bearcats are the garage two piece of drummer Lexi McCoy and bassist Lisa Harrison. The band formed in 2014, and as well as becoming fixtures on the California live scene, have recently come to work with Durham’s finest new tape label, Frux Tapes, home to the likes of Tough Tits and Pale Kids. Earlier this year Frux Tapes put out Bearcats sublime debut EP, Candy, and breaking the don’t release anything in December rule, they’re also set, next week, to release the follow-up, Break Up Stories.

Break Up Stories is an instantaneously wonderful EP; three perfect pop songs, given a fantastic lo-fi makeover. Opening track New Friends is catchy a Phil Spectorish number, only the wall of sound is replaced with a fuzzy bass pedal and some fabulously primal drum clatter. Turn Me Around is Warpaint’s harmonies stripped of any studio-trickery, while closing track, Mickey and Mallory sounds like a distinctly harmony-drenched, West Coast take on The Clash. Neil Sedaka may have said that breaking up is hard to do, but Bearcats sure make it sound good.

Today ahead of that release the Arroyo Grande-duo have put together a brilliant mix, based around the years of their respective births. As Lisa puts it, “we have a bit of an age difference between us”, so Lisa transports us to 1994 when Lexi was born, and Lexi takes us back some seventeen years further to 1977 to discover the tunes of Lisa’s birth year. Two sparkling years for musical releases, both of which directly or otherwise shaped the era-spanning sound of Bearcats.

1. Pavement – Unfair

Lisa: Pavement are so Nor Cal. This is my favorite track from Crooked Rain, it’s all about the cultural divide between northern and southern California. It’s full of references to places I’ve grown up in and the sound of the guitar intro never ceases to excite me, there is so much great energy throughout.

2. Pulp – Babies

Lisa: Pulp is in my top 5 best bands, I love the sentimental tone of this song and sweeping instrumentation takes your mind off the fact of the tawdry subject matter. Jarvis’s writing is genius and his stage presence is like no other, sadly I never got the chance to see them live.

3. Guided By Voices – I Am a Scientist

Lisa: It’s tough to pick a single song from Bee Thousand, the analog sound is something that so many bands are trying to achieve today. The soft sadness of Bob’s voice is beautiful. I dare you to see them live and not cry.

4. Dinosaur Jr. – Feel The Pain

Lisa: Jay Mascis the my favorite guitar player ever. I can get lost forever in his solos, there is an ease and grace in this tune that is juxtaposed with wild distortion that I just can’t help but fall in love with, Lexi once had a dream that we met him, I’m still holding out for that one.

5. Ramones – Sheena Is A Punk Rocker

Lexi: 1977 was an amazing year for music and it was so difficult to pick just four songs! Rocket to Russia was the first album I ever got on vinyl (I think I was like 13), and I didn’t have a record player so I would take it to my grandma’s house to listen to it on her record player. This song has just always been a favorite of mine by them. Also, I was in middle school I really wished my name was Sheena (maybe I still do??)

6. David Bowie – Be My Wife

Lexi: This album is amazing but I chose this song because I can’t listen to it without dancing. I love the piano opening and the whole feel of the song. Also look up the cover of the single!! It’s gorgeous. R.I.P.

7. Iggy Pop – Baby

Lexi: I regrettably had never listened to this album until this year and I love every song on it. For some reason this song stands out to me, with its haunting vocals and distortion and the way he sings “Baby, you’re so young” just feels so heartfelt to me.

8. Elvis Costello – Alison

Lexi: When I told my mom I was making a playlist from the year ’77 she got really excited and started singing this song, and then I remembered she told me our band should cover it a few months ago! I don’t know if that will ever happen (sorry mom) but this song is just lovely.

Break Up Stories is out December 14th via Frux Tapes (UK) / Lost State Records (US) – Click HERE to order your copy. Click HERE for details of Bearcats December tour dates (US).