Nutter proposes divestment from gun makers, sellers that don't follow his 20 "Sandy Hook Principles"
Mayor Nutter on Tuesday announced a plan to force gun manufacturers and retailers to adhere to a list of 20 "Sandy Hook Principles" or face divestment from Philadelphia and, he hopes, other cities and organizations across the country.
Nutter proposes divestment from gun makers, sellers that don't follow his 20 "Sandy Hook Principles"
Sean Collins Walsh
Paging Rush Limbaugh.
Mayor Nutter on Tuesday announced a plan to force gun manufacturers and retailers to adhere to a list of 20 “Sandy Hook Principles” or face divestment from Philadelphia and, he hopes, other cities and organizations across the country.
“Americans have economic power in how we choose to spend and invest our money. We can and should use that power to send a very strong message that irresponsible corporate behavior will not be tolerated,” Nutter said at a press conference.
The requirements, based on the Sullivan Principles that sparked a divestment movement against South Africa’s Apartheid regime, include “develop and implement technology-enhanced safety measures for guns” and “support and promote a requirement that all background check data be shared by all federal agencies.”
Nutter, who is president of the U.S. Conference of Mayors, said he hopes that cities like Los Angeles and Chicago will follow suit and that a broad movement of divestment against what he views as irresponsible weapons companies will take place.
Asked whether he fears a conservative backlash (similar to what happened when liberal groups protested Chik-fil-A and ended up sparking a mass show of support for the fast-food company by their opponents), Nutter said now is not the time to worry about what others will do but to take action with the tools that cities have.
To start the process, Nutter is asking the city Pension Board to review its portfolio, find companies that might be in violation of the principles and notify them that they have to make changes.
Divest all you want! I'm in a buying move and have sunk $$$ into RGR and SMHC. Selling will drop the price while this type of action and news coverage ought to drive gun purchasing, and result in great earning reports for gun manufacturers!— BenFranklinToday- It's funny when a politician uses government power against businesses and suggests it's somehow capitalist by mentioning "Americans economic power".— operagost
- how does divesting stop kiladelphia.. mayor nutter give it up, we know youre only trying to build your resume for future politics, but you would never get support from majority of philly. give the firefighters and unions their contracts how about that!— noncents
- Ahhhh...Nutter is at it again. Never really addressing the problem. It isn't with legal gun owners. It is the criminals in North Philly, West Philly and Point Breeze. The Democrats would never want to upset their real voter base. Come on..— Just_Recently_Banned
- Mayor Nuttier (AND I DO MEAN NUTTIER), go ahead divest from companies that actually make the city money and invest in green energy companies like Solyndra. BRILLIANT! This is why I moved out of your stinkin city in the first place.— DeerHunter123456
- This rhetoric coming from a guy who did not know that there are already police officers in city schools. The mayor did not know cops patrol some schools.— thebaron
Comment removed.- It is easy for Nutter, Obama and Cuomo to rally against guns when they have a circle of men with automatic weapons defending them. These guysa re just a bunch of do nothing blowhards that will not address the real problem here.— Wildman Bill
- HEY MAYOR MCNUTTBAG HOW ABOUT LETTING PHILLY VOTERS DECIDE THIS ISSUE,NOT SOME EXECUTIVE DECISION FROM YOU AND YOUR KOOKY ADVISERS!! DID "LET THEM ALL OUT OF JAIL GILLISON" HAVE A SAY IN THIS MATTER, WHICH IS PATHETIC BECAUSE GOOFY GILLISON SPENT 20 PLUS YEARS AS A PUBLIC DEFENDER PUTTING CRIMINALS BACK ON THE STREET!! HEY MCNUTTBAG DO YOU STILL HAVE 4 OR 5 COPS WITH GUNS ESCORTING YOU ALL OVER THE CITY? YOURPATHETIC! AND A CREEP!— wallycleaver
- Good for Nutter, not crazy about dude but you have to start somewhere. I'm all for the 2nd amendment but NO ONE other than military and police needs a semi-automatic rifle etc., Bushmaster or multiple rounds ammunition. IF this guy didn't have this type of weapon imagine the lives that could have been saved; even 1 life is precious. My wife has already banned me from Walmart and Dicks.— Jasper2020
- So you really think if he instead used the 2 handguns he stole from his mother after he killed her that would have resulted in fewer deaths? If he had 6 10 round magazines instead of 2 30-round? A lever action rifle instead of a semi?
Also, the military and the police don't use semi-automatic rifles. They use the full-automatic originals of which the AR-15 is a cosmetic replica (M4/M16).
People's refusal to ignore the fact that the responsibility for what happened at Sandy Hook falls squarely on Adam Lanza's head, instead deflecting it to the weapon, video games, movies, etc. is utterly ridiculous.
— blackscreen - To those who strongly believe in the proliferation of weapons of mass destruction, it's a good thing your kids were not in that school when your comrade decided to butcher those innocent children— Chemist1524
- Comrade? You mean the mentally ill, matricidal gun thief? Last time I checked the weapons I own were all lawfully purchased.
Nice try at smug though.— blackscreen - Even though I live in the city I already spend as much of my money outside of it....and once I move it will be even better....so go and "divest" all you want.— cerberus413
- I say invest in crack dealers, Mexican & Columbian drug cartels, and the sex slave trade too. Big profits, and a similar level of morality to the gun manufacturers.— carl and sons
