Since the mass killing at a Parkland, Fla., high school earlier this month, many teachers have called on their state pension funds to sell their stakes in gun-makers, reports National Public Radio. Private investment firms including BlackRock and Blackstone are reviewing their firearms investments in response to clients’ demands. “I’m currently urging my colleagues to divest in retail and wholesale suppliers of weapons that are banned for possession or sale in the state of California,” says State Treasurer John Chiang, who sits on the boards of his state’s two largest pension funds — CalPERS for public employees and CalSTRS for teachers. “We can make a clear and powerful signal that the inaction by Congress is heartless, it’s intolerable, and there are people who want to make sure that kids aren’t losing their lives,” Chiang says.
The Washington Post reports that Dick’s Sporting Goods will no longer sell assault-style firearms, will ban high-capacity magazines and will not sell any guns to people younger than 21, the company announced Wednesday, a significant move for the retail giant in the midst of renewed calls for national gun reform. Chief executive Edward W. Stack made the announcement during an appearance on “Good Morning America”, as well as through a company statement that said “thoughts and prayers are not enough” in the wake of America’s latest mass shooting. Two weeks ago, a gunman killed 17 people, most of them teenagers, in Parkland, Fla., with an AR-15 that was legally purchased. The alleged shooter, Nikolas Cruz, bought a shotgun from a Dick’s store in November, Stack said during the television interview.
Bank of America Corp became the latest financial heavyweight to take aim at gunmakers, saying it would ask clients who make assault rifles how they can help end mass shootings like last week’s massacre at a Florida high school, writes Reuters. Bank of America, the second-biggest U.S. bank by assets, said its request to makers of the military-style weapons was in line with those taken by other financial industry companies to help prevent deadly gun rampages. “An immediate step we’re taking is to engage the limited number of clients we have that manufacture assault weapons for non-military use to understand what they can contribute to this shared responsibility,” the Charlotte, North Carolina-based bank said in a statement.
Why is the National Rifle Association so powerful? asks The Guardian in an in-depth analysis of the political role of the NRA in resisting efforts to reduce gun violence. Here’s a clue: it’s not (just) about the money. The vast majority of Americans support gun control, and yet Congress has failed to toughen laws even in the wake of a series of mass shootings. With the NRA pouring money into political races at record levels it is an easy argument to make that the gun lobby has bought Washington – but that fails to paint a full picture… “The NRA has money that it uses to help its favored candidates get elected. But the real source of its power, I believe, comes from voters,” said Adam Winkler, professor of constitutional law at the UCLA School of Law and author of Gunfight: The Battle over the Right to Bear Arms in America. By choosing its battles wisely, the NRA has shown an ability to swing primary elections in favor of pro-gun candidates, Winkler said. “That’s the real source of their strength,” he said. That and its use of a relatively small number of highly motivated people to push an agenda that appears out of step with the general population, which, according to recent polling, is in favor of stricter gun laws.
Firearm violence injures or kills 100,000 Americans each year. Research on firearm violence tends to focus on two elements-the host (i.e., victims of firearm violence) and the environment (i.e., gun policies)-but little attention has been paid to the agent (the gun and ammunition) or the vector (firearm manufacturers, dealers, and the industry lobby). Using Bureau of Alcohol, Tobacco, Firearms and Explosives data, trends in firearm manufacturing were investigated from 1990 to 2015. Overall domestic firearms production decreased slightly from 1996 through 2004, and then steadily increased from 1.7% in 2005 to 13.8% in 2013, when >10 million firearms were produced for the domestic market. The increase in total firearm production was driven by the increased production of pistols and rifles. Within the pistol category, increased production was attributable to an increase in higher caliber weapons. Similar trends were observed in gun purchases and recovered and traced crime guns. Trends in firearm manufacturing reveal a shift toward more-lethal weapons, and this trend is also observed in gun purchases and crime gun traces. This may reflect a societal shift in cultural practices and norms related to guns and could inform strategies to reduce firearm violence.
Citation: Smith VM, Siegel M, Xuan Z, Ross CS, Galea S, Kalesan B, Fleegler E, Goss KA. Broadening the Perspective on Gun Violence: An Examination of the Firearms Industry, 1990-2015. Am J Prev Med. 2017. pii: S0749-3797(17)30258-1.
A study in Pediatrics examines fatal and nonfatal firearm injuries among children aged 0 to 17 in the United States, including intent, demographic characteristics, trends, state-level patterns, and circumstances. Nearly 1300 children die and 5790 are treated for gunshot wounds each year. Boys, older children, and minorities are disproportionately affected. Although unintentional firearm deaths among children declined from 2002 to 2014 and firearm homicides declined from 2007 to 2014, firearm suicides decreased between 2002 and 2007 and then showed a significant upward trend from 2007 to 2014. Rates of firearm homicide among children are higher in many Southern states and parts of the Midwest relative to other parts of the country. Firearm homicides of younger children often occurred in multivictim events and involved intimate partner or family conflict; older children more often died in the context of crime and violence. Firearm injuries are an important public health problem, contributing substantially to premature death and disability of children. Understanding their nature and impact is a first step toward prevention.
Citation: Fowler KA, Dahlberg LL, Haileyesus T, et al.Childhood Firearm Injuries in the United States. Pediatrics. 2017;140(1): e20163486
Gary Wintemute doesn’t look like a slayer of gunslingers, writes the Sacramento Bee in a profile of one of the nation’s leading researchers on the gun industry. He’s a bespectacled professor of 65, and speaks in the measured tones of the scientist he is. But for the gun industry, he may be the most dangerous scientist in America, more so starting on July 1. That’s when the University of California will release the first of $5 million to fund the UC Davis Firearms Violence Research Center, located in an unmarked building on Stockton Avenue, across from the UC Davis Medical Center.