Wednesday, November 4, 2015

CA Teachers ‘Mad’ Pensions Still Invested in Bushmaster Firearms After Sandy Hook Shooting



CA Teachers ‘Mad’ Pensions Still Invested in Bushmaster Firearms After Sandy Hook Shooting
by AWR Hawkins 22 Mar 2015
Two years after the heinous attack at Sandy Hook Elementary, California teachers are “mad” that their pension fund is still invested in Bushmaster firearms.

Despite post-Sandy Hook promises to divest, the pension fund, CalSTRS, is invested in Freedom Group, which owns Bushmaster.

According to Eyewitness News 12, CalSTRS is indirectly invested in Freedom Group via several funds “managed by private equity firm Cerberus Capital.” The Cerberus funds are invested in Freedom Group, which is “also known as Remington Outdoor.”

In an attempt to turn the tide on such investments, California teachers are planning to gather and protest at the CalSTRS fund meeting on April 2.

California Federation of Teachers president Joshua Pechthalt said: “As teachers and parents, we see the havoc these guns bring to our community, our family and our loved ones. So whatever it takes, we want our money divested from gun manufacturers.”

Investors spent the last two years racing to gun companies to get in the monster profits some of them were generating in 2013 and 2014. But Pechthalt is not impressed. He said, even if dropping gun companies “means a slight loss, so be it.”

He said CFT is “not weighing [what’s] financially beneficial” at this time.

Sandy Hook
2012 massacre at Sandy Hook Elementary School was a mass shootings where 28 were killed, including gunman.

Note: Newtown (CT) is the location of the 2012 massacre at Sandy Hook Elementary School.
Martin Feinberg is a Newtown (CT) resident, and Stephen A. Feinberg’s father.
Stephen A. Feinberg is Martin Feinberg’s son, the CEO for Cerberus Capital Management L.P., and a trustee at the Public Theater.
California State Teachers' Retirement System is an investor in Cerberus Capital Management L.P.
Cerberus Capital Management L.P. is the owner of the Remington Outdoor Company.
Bushmaster Firearms is a Remington Outdoor Company brand.
Debunking The “AR-15 Was In The Trunk” Sandy Hook Conspiracy Theory
Posted by Bob Owens on December 15, 2014 at 9:03 pm
These people infuriate me, but they’re easy enough to deal with by simply banning them.
A bit more difficult to deal with are those who have been fed the fantasy that the attacker* did not use a Bushmaster AR-15 to carry out 26 murders and wound two other people in the school. For whatever reason, people who normally know that you can’t trust anything the mainstream media says about firearms, at any time, suddenly feel compelled to believe that the various early and conflicting reports from that specific day must be true.
Michael P.C. Carns is a director at the Remington Outdoor Company, and was a director at the Atlantic Council of the United States (think tank).
Open Society Foundations was a funder for the Atlantic Council of the United States (think tank), and the Economic Policy Institute.
George Soros is the founder & chairman for the Open Society Foundations, was the chairman for the Foundation to Promote Open Society, and was a benefactor for the Harlem Children's Zone.
Foundation to Promote Open Society was a funder for the Harlem Children's Zone, the Robin Hood Foundation, the Economic Policy Institute, the Drum Major Institute for Public Policy, and the International Rescue Committee.
Michael R. Bloomberg was a benefactor for the Harlem Children's Zone, a donor for the Robin Hood Foundation, and is the founder of Everytown for Gun Safety.
Robert W. Pittman is a director at the Robin Hood Foundation, and was a trustee at the Public Theater.
Kenneth B. Lerer is an advisory board member for Everytown for Gun Safety, and was the chairman for the Public Theater.
Stephen A. Feinberg is a trustee at the Public Theater, the CEO for Cerberus Capital Management L.P., and Martin Feinberg’s son.
California State Teachers' Retirement System is an investor in Cerberus Capital Management L.P.
Cerberus Capital Management L.P. is the owner of the Remington Outdoor Company.
Bushmaster Firearms is a Remington Outdoor Company brand.
Martin Feinberg is Stephen A. Feinberg’s father, and a Newtown (CT) resident.
Newtown (CT) is the location of the 2012 massacre at Sandy Hook Elementary School.
2012 massacre at Sandy Hook Elementary School was a mass shootings where 28 were killed, including gunman.
Rhonda Weingarten is a director at the Economic Policy Institute, a director at the Drum Major Institute for Public Policy, an overseer at the International Rescue Committee, the president of the American Federation of Teachers, and was the president of the United Federation of Teachers.

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