UC Regents urged to finish gun industry divestment

Activists preparing to mark Saturday’s anniversary of last year’s murderous rampage in Isla Vista, in which six UC Santa Barbara students were killed and 13 were wounded, urged the UC Board of Regents on Thursday to finish divesting the system from any investments in the firearm industry.

Thousands of petition signatures were delivered to the board’s meeting at UCSF’s Mission Bay campus by Allie Clement, a 2012 UC Santa Barbara graduate who hails from Newtown, Conn. — the site of 2012’s schoolhouse massacre. “I couldn’t believe that both my hometown and my college town were affected by gun violence.”

Bob Weiss of Thousand Oaks described to the board how his 19-year-old daughter, Veronika, was among those gunned down by Elliot Rodger that awful day.

“If this body is invested in the gun industry, that means you’re in the gun business, and if you’re in the gun business, I’m in the gun business. I don’t want to be in the gun business,” Weiss said, his voice breaking. “I don’t know how any of you can sleep at night with all of the students who have been killed.”

UC spokeswoman Dianne Klein said the system divested itself of any direct gun-industry investments in 2013, and is now combing through its vast portfolio to see if any of its mutual funds have such stakes; any that are found will be sold, she said.


State buildings, UC costs, Jean Quan on ‘TWINC’

I was on KQED’s “This Week in Northern California” last night to discuss the plan to sell and then lease back state buildings in order to raise quick cash to help close our budget gap. Other topics included UC tuition hikes and San Francisco’s governmental tumult, and Belva Davis interviewed Oakland Mayor-Elect Jean Quan.