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.
DEMOCRAT
What about companies that might harm bees, I mean “fish”? Same same now in CA.
“Assault style” gun... in otherworldly, not actusl assault weapons!
I had a “racecar style” vehicle once, but it was a var cry from being an actual racecar
Raytheon, Boeing, Rockwell…
It was cheaper to shoot. That’s why I got it. Back then 762 ammo was next to nothing to buy in bulk. I’d say it was close to the performance of a 30-30 round.
It’s all theatrics. They don’t realize how silly they look.
“Assault weapon” is a term that has never been satisfactorily defined. Is it just “scary-looking” semi-automatic rifles, i.e., AR-15s and AK-47s, or does that include all semi-automatic carbines and rifles with wooden stock and detachable magazines?
The Second World War-era M-1 Garand rifle and the M1 Carbine were both wartime weapons, the first a battle rifle, the other a lighter and more manageable weapon more similar to a pistol than a rifle, though Post-WWII versions had a full wooden stock.
Both were later used in competitive shooting and for sportsman hunting. They make fine home defense weapons.
He is an idiot dim.
Or a dim idiot.
If he could close the manufacturers of all AR type weapons, where would the cops and the military get them to defend his kids?
We do not have a gun problem...we have a people problem and he is one of them.
I say that not because I think he is violent, but because he is one of the many dims who lack the logic to figure out wherein the problem lies.
Thanks for the info.
Thanks.
Let me check if I have any Nevada investments.
5.56mm
A bow and arrow is an assault weapon.
And a cross bow? A terrifying assault weapon.
And what is the difference between a butcher knife and a bayonet?
The Brits can’t figure that one out.
That seems particularly true in the case of the leftist-propelled, authoritarian Dem party.
At this point, an objective observer could conclude starting with Biden's first day in office, the "Dems" have made sure he has done very little, if anything, that is in the best interest of our nation. It sure doesn't seem to be "politics as usual".
The Communist Purge Continues To Grow Exponentially & Nothing Is Being Done About It!
Just to support firearms manufacturers, I think I’ll order a new BCM AR-15.
C'mon, I'm sure there's a camo cimbo out there that would match. Maybe that crap blue camo the navy uses.
The mini 14 makes an awesome sound when it chambers the next round. Also very accurate.
I have a Ruger 10/22 with a grey stock.
That makes it a kinder version of the assault weapon.
Well I guess those companies will just have to move to Alabama or some other Southern State.
Watch, insiders will scarf up the state’s dumped investments with pennies on a dollar.
Exactly and that is their plan but it will not succeed.
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