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Nevada says it will end investment in companies that make assault-style weapons
The HIll ^ | 06/03/22 | CHLOE FOLMAR

Posted on 06/03/2022 8:44:06 AM PDT by American Number 181269513

Nevada state Treasurer Zach Conine announced Thursday the state will end its investments in businesses that sell or manufacture assault-style weapons in the wake of a string of deadly mass shootings nationwide.

“Today, I directed our team to divest the State of Nevada from any investment in a business that profits from the sale or manufacture of assault-style weapons,” Conine wrote. “No one policy or law will fix this crisis, but we all must do something.”

Conine said that his decision was particularly influenced by the shooting that took place in Uvalde, Texas, last week resulting in the deaths of 19 fourth-graders and their two teachers.

An 18-year-old who obtained multiple weapons on and just after his birthday killed the children and their teachers after shooting his grandmother and stealing her car, authorities said.

“Companies that profit on the manufacture and sale of assault-style weapons present a market risk I’m not willing to take,” Conine said.

He added, “The moral risk for investing in these companies is too high and is more than we are willing to bear.”

Conine said he was the father of young children and that his decision to divest was dedicated to keeping children safe and preventing the grief experienced by parents and grandparents who lost children in Uvalde and in other instances of gun violence. The shooting in Uvalde was preceded by a racially-motivated attack on a supermarket in a heavily Black area of Buffalo, N.Y., earlier last month that killed 10 people, intensifying debates surrounding gun control and gun violence prevention across the country.

Nevada faced its own tragedy in 2017 when Stephen Paddock opened fire on a Las Vegas music festival, killing 58 people and injuring hundreds.

Paddock legally owned dozens of assault-style firearms.


TOPICS: Business/Economy; News/Current Events; US: Nevada
KEYWORDS: 2a; nevada; nra
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Zach Conine assumed office on January 7, 2019. His current term ends on January 2, 2023. Conine (Democratic Party) is running for re-election for Nevada State Treasurer.
1 posted on 06/03/2022 8:44:06 AM PDT by American Number 181269513
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To: American Number 181269513

So “assault” is now a style. Does this mean they will stop investing in companies that print Women of the Israeli Defense Force calendars.


2 posted on 06/03/2022 8:46:39 AM PDT by AndyJackson
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To: American Number 181269513

And yet we’re forced to pay for planned parenthood?

This is BS


3 posted on 06/03/2022 8:47:47 AM PDT by Skywise
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To: American Number 181269513

4 posted on 06/03/2022 8:49:09 AM PDT by AndyJackson
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To: American Number 181269513

But they will continue to invest in pharmaceutical companies that make the drugs found in many mass shooters systems.


5 posted on 06/03/2022 8:49:31 AM PDT by jcon40 (Machinery is only as good as its design and quality of parts. A citizen is only as good as...)
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To: American Number 181269513
"Nevada faced its own tragedy in 2017 when Stephen Paddock opened fire on a Las Vegas music festival, killing 58 people and injuring hundreds.

Total BS but one expects nothing less from The Hill. Some sort of false flag or Op courtesy of the usual suspects. Paddock was a patsy who had been killed before the shooting started.
6 posted on 06/03/2022 8:49:58 AM PDT by KamperKen (u)
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To: American Number 181269513

What IS an “assault-style” weapon? Whyyy— it would be anything, ANYTHING used to assault another person in a deadly attack.

Baseball bat, bayonet, sword, samurai sword, stiletto, kukris (for sure deadly), and ANY firearm of any design or mechanism.

And people will kill with bricks and rocks.

NEVER ever look at the individuals the GOVT. HIRES to kill— why, no— those are sanctioned by elected and UNelected officials. Legal, they say. NOT we say, we who do not give CONSENT to these charlatans.


7 posted on 06/03/2022 8:50:03 AM PDT by John S Mosby ( Sic Semper Tyrannis)
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To: AndyJackson

I am not sure that the commando lime green goes with my camo fatigues but hey, its a look.


8 posted on 06/03/2022 8:50:47 AM PDT by AndyJackson
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To: American Number 181269513

Commies, commies everywhere.


9 posted on 06/03/2022 8:50:53 AM PDT by fretzer
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To: American Number 181269513
So... Zach Conine, Democrat, who is the Nevada State Treasurer, is saying that the State of Nevada does not have fiduciary responsibility to the taxpayers for the Nevada funds?

...that taxpayers will have to pay for higher bond ratings due to lower yields?

...that state retirees will get less?

Mismanagement of state funds is criminal and Zach Conine needs to be charged for using taxpayer funds for his virtue-whining.

On a related note, the Nevada State Police and the Nevada State National Guard need to turn in their actual "assault weapons".

10 posted on 06/03/2022 8:50:54 AM PDT by T.B. Yoits
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To: American Number 181269513

Will they stop purchasing from those companies?


11 posted on 06/03/2022 8:52:40 AM PDT by TexasGator (UF)
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To: AndyJackson

Will ‘asalt shakers’ be next on their banned list?


12 posted on 06/03/2022 8:53:36 AM PDT by GreyFriar (Spearhead - 3rd Armored Division 75-78 & 83-87)
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To: American Number 181269513; All

They’re free to invest however they like but they probably don’t have much investment in sporting goods or gun manufacturers so this is probably symbolism over substance.


13 posted on 06/03/2022 8:55:29 AM PDT by newzjunkey (“We Did It Joe!” -The Taliban / “Thanks Joe!” -Putin)
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To: AndyJackson
So “assault” is now a style.

Arguably, for clarity, all weapons by definition are "assault" weapons.

That is what excites "snowflakes" and leftists.

14 posted on 06/03/2022 8:56:04 AM PDT by frog in a pot (If abortion is the taking of a human life, then under what theory should it be left to the States?)
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To: AndyJackson
So “assault” is now a style. Does this mean they will stop investing in companies that print Women of the Israeli Defense Force calendars.

It really is just a style, because there is no such thing as an "Assault weapon". It's pretty much like saying "We want stop investing in or ban certain guns because they look SCARY." Seriously, I'm guessing you could take a gun that worked the same way as an AR-15 and shot the caliber ammo, but designed it to look like a hunting rifle with burnished wood instead of black metal and some nice carvings of deer and ducks in the stock and most democrats would not have a problem with it at all, because now it not a "weapon of war" it's just a nice hunting rifle like grandaddy use to have above his fireplace.

15 posted on 06/03/2022 8:58:16 AM PDT by apillar
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To: American Number 181269513
The gun companies should make LGBTQA+ Rainbow colored nice guns.
Same gun, different plastics.

16 posted on 06/03/2022 8:58:29 AM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: apillar
“ Seriously, I'm guessing you could take a gun that worked the same way as an AR-15 and shot the caliber ammo, but designed it to look like a hunting rifle with burnished wood instead of black metal and some nice carvings of deer and ducks in the stock and most democrats would not have a problem with it at all”

You just described the Ruger mini-14, ranch model.

17 posted on 06/03/2022 9:00:53 AM PDT by circlecity
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To: apillar

Kinda like a Mini 14?


18 posted on 06/03/2022 9:01:59 AM PDT by Captain7seas (When it all shakes out Fauci will be the World Champ in human genocide)
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To: American Number 181269513

How much of Nevada’s portfolio is really invested in gun or ammo companies? I doubt it is very much. I think this is mostly liberal support of their narrative.


19 posted on 06/03/2022 9:02:58 AM PDT by MulberryDraw (Stop trusting in man, who has but a breath in his nostrils. Of what account is he?)
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To: frog in a pot

..you got it....! why, heck.... I have several assault-style hammers in my tool chest, and numerous varieties of assault-style screwdrivers as well...and we have two assault-style cats around the house to keep away intruders, etc...

“....When I use a word,’ Humpty Dumpty said in rather a scornful tone, ‘it means just what I choose it to mean — neither more nor less.’ ‘The question is,’ said Alice, ‘whether you can make words mean so many different things.’ ‘The question is,’ said Humpty Dumpty, ‘which is to be master — that’s all.” ―

Bulls**t on steroids......


20 posted on 06/03/2022 9:03:13 AM PDT by TokarevM57
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