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We Need To Get the Money Out of Guns

We Need To Get the Money Out of Guns

The real challenge to changing firearm policy in this country is the fact that there is a lot of money made in weapons manufacturing and sales. Could that be about to change?

In the wake of the immense tragedy in Newtown it seems too much to hope for. But maybe that’s exactly what he have to do, because with political momentum for significant reform legislation and news starting to peek through of Wall Street unease of being visibly tied to profiteering from senseless murder, it’s the only way real reform will stick.

Cerebus Capital Management
, a private equity group that owns Freedom Group, the gun maker that made the rifle used in the Connecticut school shootings, announced Tuesday it was putting the group up for sale. “It is apparent that the Sandy Hook tragedy was a watershed event that has raised the national debate on gun control to an unprecedented level,” Cerberus said in a statement. Cerberus is owned by the billionaire financier Stephen A. Feinberg. His father, Martin Feinberg, lives in Newtown, Conn., where the shootings occurred.

Other brands under the Freedom Group umbrella include Remington Arms, the country’s largest and oldest maker of rifles; Marlin Firearms, a manufacturer of lever-action rifles. It’s not clear who will step in to buy the group at this time, but since the tragedy shares of publicly traded American gunmakers Strum, Ruger & Company and Smith & Wesson have fallen since the tragedy. For the moment, it would seem, Wall Street’s losing its appetite for profit built on murder.

There is a similar sign in the retail sector as well. Dick’s Sporting Goods, a national retail chain with more than 500 stores has stopped, momentarily, selling assault rifles.

Walmart, by contrast, removed its information page on the Bushmaster .223 assault rifle but has not stopped selling guns or ammunition. The reasoning there is clear: the money is still too good. In 2006 the company stopped selling firearms in most of its American stores, saying there was little demand for them. It reversed that decision in 2011 saying it wanted to appeal to hunting enthusiasts and began selling guns at more than half its stores.

And that’s the moral conversation we must have on firearm control. At what point is the freedom to profit from death something we’re no longer willing to tolerate? Because that is exactly what the manufacturers and retailers are doing.


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Photo from 401(K) 2012 via flickr.

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3:10PM PDT on Jul 25, 2013

Jessica Pieklo thank you for sharing.

8:19PM PST on Jan 5, 2013

Roger H. Con't, Rather than as a 'gun-owner', do you take responsibility as a 'human-being' for sharing & co-creating the essential needs of life? How do you go about helping others to help themselves?
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I've read some of your posts, but it seems you are locked into 'commanding' change rather than 'being' change. Here's our project 'Do-we-know-who-we-are-?' we are working on to create software for an online web-based Human Resource Catalogue HRC, mapping & a Community Investment & Exchange System CIES so that women/men & all ages can give & receive systematically in our neighbourhoods here around Montreal.

8:15PM PST on Jan 5, 2013

Roger H. I can understand your frustration at trying to respond to the world in which we find ourselves. We are not called for linear 'charity' but for including others strategically in our lives. Its important to move beyond lobbying others such as:

You mention your advocacy to, "prevent Facebook from allowing young children" & "only got 72 people to sign it"
Gandhi describes the process of personalizing change as, "Become the change you want to see in the world". We are not gods, but mortals who must receive in order to give. We are called upon to live simply so that others may simply live. You may feel more secure by having many guns, but at the point & expense of purchase, you are called upon to invest in life & not death. What is your investment in life?

You continue "Now all these hypocrites are using the tragedy in Connecticut", "I post missing children and adults information on Facebook almost daily", "I sign petitions to give harsher punishment to child abusers and pedophiles. I donate items to thrift stores and volunteer to feed the homeless, to try to help people that aren't as fortunate as I am."

All of these are lobbying for change by others or linear giving (charity), but you do not discuss how you are manifesting love & life among those around you or in some economy where they can participate in contributing to their own wellbeing as well as your own.

"I also own guns, several of them would be considered "assault weapons" and I

4:44PM PST on Jan 5, 2013

About a year ago, I started a petition on Care 2 to try to prevent Facebook from allowing young children from accessing it and all the profanity, violence, adult content, human traffickers, pedophiles, child abusers, etc. and only got 72 people to sign it. Now all these hypocrites are using the tragedy in Connecticut against children to try to sound like they are for gun control because they care about children's safety and welfare. I don't buy it, because their apathy showed when they didn't care enough to sign my petition. I post missing children and adults information on Facebook almost daily, I sign petitions to give harsher punishment to child abusers and pedophiles. I donate items to thrift stores and volunteer to feed the homeless, to try to help people that aren't as fortunate as I am. I also own guns, several of them would be considered "assault weapons" and I don't have any intention of going out with them and killing anyone and take my responsibility as a firearms owner very seriously.

11:42AM PST on Jan 5, 2013

Roger, Obviously you are aware that; we all have a problem with human insecurity, coward-aggression cycles, isolation, one-side thinking & technology-enhanced aggression of many kinds, as you have listed. The key is taking responsibility for every part of the whole cycle. The 'Right-to-bare-arms' or each of us rolling up our sleeves to pitch-in for making the world a better place, each in our own way. Tell me about your own efforts.

9:21AM PST on Jan 5, 2013

The Mass killings on 911 and the Oklahoma City bombing did not involve guns, took many more lives just as fast. Where is the outcry to outlaw fertilizer, diesel fuel, box cutters and airplanes? As I said previously you are foolish if you think that banning semi-automatic "assault weapons" and larger magazines are going to solve anything. Smaller magazines are easier to carry and hide and can be changed out just as fast, and "assault weapons' have to be fired just like revolvers or any other multiple bullet gun, one pull of the trigger only fires one bullet. There are speed loaders for revolvers and tubular magazine shotguns and rifles that allow them to be reloaded very fast also. Guns are not the weapon of choice for people planning mass murders, as can be seen in the news almost every day. All sorts of weapons are being used.

8:26AM PST on Jan 5, 2013

Roger, Its a matter of speed. Adam Lanza only took 20 minutes to kill 26 then himself, his mother previously. Guns are designed for cowards turned bullies so insecure in human communications that they need the speed. But I do believe in the Right to Bare Arms in terms of pulling up my sleeves & helping my fellows. It seems to take tension down a notch.

7:59AM PST on Jan 5, 2013

When are the anti-gun crowd going to wake up and realize that guns are only one of hundreds of tools that can be used to commit mass murders? Ask any prison guard. If you read the news papers and watch TV, there are stories from all over the world where people are using knives, explosives, poisons, automobiles even their bare hands to commit mass murders. We can't outlaw all tools that can be used to commit mass murders, but we can do something to address the psychological causes of them.

8:52AM PST on Dec 26, 2012


8:51AM PST on Dec 26, 2012

Most important Is to get the money out of our life................

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