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Oakland divests from firearms & ammo makers

Oakland City Council unanimously passed a resolution Tuesday night to prohibit the city from holding investments in firearms or ammunition manufacturers.

Council President Rebecca Kaplan, City Attorney Barbara Parker and Vice Mayor Larry Reid had co-authored the measure, which they say is part of the city’s ongoing effort to reduce gun violence. Councilman Dan Kalb requested that the resolution, which originally covered only firearms manufacturers, be expanded to include ammunition companies as well.

“There is a well-funded corporate effort pushing against our work to stop gun violence,” Kaplan said in a news release. “And Oakland is now formally part of a national movement that includes cities like Chicago and Los Angeles – communities committed to stopping so many tragedies that take place at the hands of a gun.”

The resolution declares a city policy prohibiting the Oakland from holding any investment or ownership stake in any manufacturer of firearms or ammunition; directs the city administrator to examine the city’s holdings and future investments to assure that the city complies with this policy; urges the Police And Fire Retirement System Board and the Oakland Municipal Employees Retirement System Board to adopt similar policies; and urges other state and local jurisdictions to prohibit investment of their public funds in manufacturers of firearms or ammunition.

The city also recently has moved to enlarge its police force, and has endorsed the reenactment of a federal assault-weapons ban as well as a state bill to regulate ammunition sales.

“By taking action here to send a message to weapons manufacturers, Oakland is showing its commitment to big-picture efforts to reduce gun violence here and in communities across America,” Kaplan said.

Josh Richman

Josh Richman covers state and national politics for the Bay Area News Group. A New York City native, he earned a bachelor’s degree in journalism from the University of Missouri and reported for the Express-Times of Easton, Pa. for five years before coming to the Oakland Tribune and ANG Newspapers in 1997. He is a frequent guest on KQED Channel 9’s “This Week in Northern California;” a proud father; an Eagle Scout; a somewhat skilled player of low-stakes poker; a rather good cook; a firm believer in the use of semicolons; and an unabashed political junkie who will never, EVER seek elected office.

  • RR senile columnist

    I nominate Oaktown for a Profile In Courage Award. Caroline should present it in Fruitvale late next Saturday night. Please, no extra security.

  • GV Haste

    ““By taking action here to send a message to weapons manufacturers, Oakland is showing its commitment to big-picture efforts to reduce gun violence here and in communities across America,” Kaplan said”

    Kaplan and Quan, running neck and neck in the race for the most meaningless actions.

  • JohnW

    One of my former bosses owns the private equity firm that owns media properties that carry advertising from the NRA and from gun and ammunition manufactures and sellers. These include magazines like Guns & Ammo, RifleShooter and Handguns, and the Sportsman Channel. The latter carries “Cam and Company” from NRA News and Wanted: Ted or Alive, featuring Ted Nugent. He also won a bid to acquire the rival Outdoor Channel for $200 million.

    He is also one of the Democratic Party’s biggest fund-raisers and a supporter of gun control. Obviously, he has a “business is business” attitude. But The ultra-conservative Daily Caller news website is pushing the theory that he is acquiring all these gun culture media outlets so that he can destroy them. They have quite the imagination.