You're watching...
Dems new strategy to go after gun manufacturers
Details
-
Description
Plans to target financial backers
- Duration 2:28
- Date Jan 28, 2013
You're watching...
Plans to target financial backers
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
North -- Wendell thank you several democratic politicians are trying to put the squeeze.
On gun manufacturers.
The -- -- Shannon Breen tells us this time gun control advocates are trying to pull the trigger on a different approach.
As police chiefs and sheriffs from around the country gathered at the White House to meet with President Obama and -- gun violence he put the onus directly on Capitol Hill.
As we've been here before.
The only way that we're going to be able to do everything that needs to be done.
Is with the cooperation.
-- growing indications that it won't be easy sledding on the hill a number of Obama allies across the country are rolling out plans to go after gun manufacturers.
And their financial backers officials in California Illinois new York and Pennsylvania.
Have publicly called on various employee pension funds to divest any holdings linked to the gun industry.
City of Los Angeles funds should not go to profit companies that produce weapons designed to maximize carnage.
And death Chicago mayor and.
Sending letters to two prominent banks that maintain multi million dollar lines of credit for Smith & Wesson and Sturm Ruger & Co.
quote.
I ask you to use your influence to push these companies.
Collectively we can send a clear and -- ambiguous message to the entire gun industry that investors will no longer financially support companies that profit from gun violence.
It's it's sort of classic Rahm Emanuel.
Chicago politics to try to bully and pressure.
Our industry.
And then to somehow agreeing with the proposals that being asked by pentagon mayors like Chicago.
Supporters of the president's efforts are urging the administration to act in other ways as well.
From ideas like -- a Justice Department task force to track certain interstate gun sales.
To calling on the Environmental Protection Agency to regulate the manufacture and sale of ammunition that contains lead.
The father of one of the children killed in -- said today he's worried that a push for all kinds of new measures will do little to solve the underlying problem of violence.
I am a big proponent it's tough individual accountability.
And enforcement.
So they're going to be laws we should enforce them.
This -- entity that successfully ran the president's reelection campaign has been retooled.
And is now spearheading the fight to toughen gun laws including an email asking recipients call their members in congress find out if they plan to support the president's proposals.
And then report back.
-- -- -- --