How UC–Santa Barbara Can Turn Grief Into Action: Divest From Gun Manufacturers

"if UCSB students, alumni, faculty and staff want to channel their feelings into constructive action, here’s a suggestion: ask the University of California Regents if its $88 billion endowment is contributing to gun violence by being invested in gun companies that fund the National Rifle Association (NRA) and obstruct common-sense gun policies. If it is, they should demand that the UC system divest itself from these merchants of death."

How UC–Santa Barbara Can Turn Grief Into Action: Divest From Gun Ma...

"The gun industry—led by Remington Outdoor, Sturm Ruger, Smith & Wesson and Olin—has profited, even as more Americans die by the products they manufacture and aggressively market. The value of these companies has grown significantly just as the rate of mass shootings has increased.

"Cerberus Capital Management owns Freedom Group, maker of the Bushmaster XM-15 used at Sandy Hook Elementary School to massacre twenty children and six educators in minutes."

"Sturm Ruger is the manufacturer of assault weapons banned in California and in 2012 donated over $1.25 million to the NRA through a program of selling guns and donating $1 for each gun to the lobby group."

"Smith & Wesson is the maker of the assault weapon used in the Aurora, Colorado, and LAX airport shootings and the semiautomatic pistol used at the recent Fort Hood shooting. Smith & Wesson recently gave the NRA a check for $600,000 to continue its work promoting guns and gun culture."

"Olin owns Winchester Ammunition, an NRA donor of between $500,000 and $1 million and maker of ammunition intended to quickly expand inside the body, leading to greater human damage."

"A]t least seventy-two shootings have occurred on school campuses in the seventeen months since the Sandy Hook massacre.

~  Everytown for Gun Safety.

"In 2010, the most recent year for which data is available, gun deaths—homicides, suicides and accidents—were the second-highest reason for death of young people ages 15–24, after only automobile accidents,

~ Center for American Progress report

Occidental College, California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS), moved to divest from manufacturers of assault weapons.

"The University of California endowment is one of the largest in the country. If the UC system announced a similar policy, it would have a huge impact, inspiring other universities to follow its example."

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Tags: &, Association, Bushmaster, Capital, Cerberus, Freedom, Group, Hook, Management, NRA, More…National, Olin, Outdoor, Remington, Rifle, Ruger, Sandy, Smith, Sturm, Wesson, XM-15, death, divest, massacre, merchants, of

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Comment by Michael Penn on May 28, 2014 at 4:59pm

I own a gun and was once a bigtime gun avocate. That doesn't mean you have a right to own military weapons and every weapon ever made. My thing was to take my frontier style pistol and do all the tricks you see in western movies. Today I can't remember when the last time was that I shot the damned thing? Also, I keep clean here coz the ammunition is not kept with the pistol. What you see on TV and hear about is very stupid and careless adults and equally as careless children. Gang related is another matter.

Ideas to try. If we cannot control guns then we need to concentrate on controlling ammunition. The gun manufacturers make enough profit in war, and enough war goes on. They do not need to make profit in our cities as well. Nobody needs to be killed by a handgun in peacetime.

"What if" is not an option. Until it happens it is imaginary. I have a religious friend into concealed carry. Him and his friends think everything is guns and Jesus.

Comment by k.h. ky on May 27, 2014 at 10:56pm

And, I would add Joan, that the media shouldn't run the stories of these mass murderers. I know it's news but it seems to encourage them.  Would there be so many if they weren't getting their names and stories out there?  I guess we'll never know because you can't get away from it.  Any television station,radio,website....it's non-stop.

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