I fully agree with a student body's right to self-govern. If the students at UC Irvine feel that flying the flag of the country in which they are located sends the wrong message, and endorses American "exceptionalism and superiority," then by all means they should completely separate themselves from that. Completely. I eagerly await, then, the next resolution, which divests UC Irvine from all that dirty, dirty American federal funding as well as federal student loan opportunities. Because clearly, taking that money sends the wrong message, and might lead people to think that one who accepted that money, even tacitly, through attending a school funded in part by that money, was lauding themselves (with an exceptional, superior attitude, I guess) over others.
In case any of you out there don't recognize sarcasm when you read it, let me just say that I do actually applaud those who have strong convictions. But if you feel that strongly about them, live by them. Attend one of the many other universities around the world that don't feel any need to tout American values, including "exceptionalism and superiority." Otherwise, you just seem like a petulant child, throwing a tantrum, telling mommy and daddy how much you hate them, even as you ask to borrow the keys to the car.
I'm not even going to address the "freedom of speech, in a space that aims to be as inclusive as possible, can be interpreted as hate speech" line of the resolution, because if you think that, even a little bit, then you don't really understand the concept of "freedom of speech." Or possibly language.