Students launch protest, open Divestment Office

If you’re taking a walk by Admissions today, you’ll no doubt notice the protest being held by students pushing for the University’s divestment from weapons contractors. They’ve been out there since yesterday, says Laura Heath ’11, pictured above. And they plan on camping out for as long as it takes—if needed, until May, when the trustees are set to decide on the divestment issue.

Students have also established a Divestment Office blog to chronicle the developments of the protest, and the divestment issues at stake:

After planning for several weeks, students were given permission to erect a tent city on the lawn of the Investment Office protesting Wesleyan University’s investment in weapons contractors. Quickly, two tents were pitched and a small sign which reads “Divestment Office” was hung from one of the tents.

The tents were set up to protest Wesleyan’s investment in several weapons contractors [that] have returned enormous profits since the start of the Iraq War. The school has an undisclosed amount of its endowment invested in companies such as General Dynamics and Raytheon. Both companies make the majority of their profits from government defense contracts. […]

Until the Board of Trustees, which holds the power to divest, has removed Wesleyan’s financial investment in weapons contractors, the tents will remain set up on the lawn.

48 thoughts on “Students launch protest, open Divestment Office

  1. Anonymous

    March 27 3:55 p.m: Perhaps students are trying to prevent conservative students from applying to Wesleyan. Perhaps that is a good idea – Wes seems to be losing some of its long-standing liberal ideas.

  2. Anonymous

    March 27 3:55 p.m: Perhaps students are trying to prevent conservative students from applying to Wesleyan. Perhaps that is a good idea – Wes seems to be losing some of its long-standing liberal ideas.

  3. Anonymous

    March 27 3:55 p.m: Perhaps students are trying to prevent conservative students from applying to Wesleyan. Perhaps that is a good idea – Wes seems to be losing some of its long-standing liberal ideas.

  4. Anonymous

    March 27 3:55 p.m: Perhaps students are trying to prevent conservative students from applying to Wesleyan. Perhaps that is a good idea – Wes seems to be losing some of its long-standing liberal ideas.

  5. Anonymous

    A small point: the amount that we have invested in Raytheon and General Dynamics is not undisclosed. That information is available if you ask the right person.

  6. Anonymous

    A small point: the amount that we have invested in Raytheon and General Dynamics is not undisclosed. That information is available if you ask the right person.

  7. Anonymous

    A small point: the amount that we have invested in Raytheon and General Dynamics is not undisclosed. That information is available if you ask the right person.

  8. Anonymous

    A small point: the amount that we have invested in Raytheon and General Dynamics is not undisclosed. That information is available if you ask the right person.

  9. Anonymous

    …and investing in defense companies and having a social agenda aren’t mutually exclusive either. It just isn’t YOUR social agenda.

  10. Anonymous

    …and investing in defense companies and having a social agenda aren’t mutually exclusive either. It just isn’t YOUR social agenda.

  11. Anonymous

    …and investing in defense companies and having a social agenda aren’t mutually exclusive either. It just isn’t YOUR social agenda.

  12. Anonymous

    …and investing in defense companies and having a social agenda aren’t mutually exclusive either. It just isn’t YOUR social agenda.

  13. Xiaoxi

    Excuse me?!? Did I say that the university invests to minimize profit? no. We all want great returns, but do you honestly think that Wesleyan’s portfolio is just magically configured to be the MOST profitable possible at any given time, and that there aren’t ANY other combinations of investments that would work?having a social agenda and making profit aren’t mutually exclusive. We can argue about what that agenda is/should be or whatever, but saying that moving our investments around would NECESSARILY make us poorer just isn’t valid.

  14. Xiaoxi

    Excuse me?!? Did I say that the university invests to minimize profit? no. We all want great returns, but do you honestly think that Wesleyan’s portfolio is just magically configured to be the MOST profitable possible at any given time, and that there aren’t ANY other combinations of investments that would work?having a social agenda and making profit aren’t mutually exclusive. We can argue about what that agenda is/should be or whatever, but saying that moving our investments around would NECESSARILY make us poorer just isn’t valid.

  15. Xiaoxi

    Excuse me?!? Did I say that the university invests to minimize profit? no. We all want great returns, but do you honestly think that Wesleyan’s portfolio is just magically configured to be the MOST profitable possible at any given time, and that there aren’t ANY other combinations of investments that would work?having a social agenda and making profit aren’t mutually exclusive. We can argue about what that agenda is/should be or whatever, but saying that moving our investments around would NECESSARILY make us poorer just isn’t valid.

  16. Xiaoxi

    Excuse me?!? Did I say that the university invests to minimize profit? no.
    We all want great returns, but do you honestly think that Wesleyan’s portfolio is just magically configured to be the MOST profitable possible at any given time, and that there aren’t ANY other combinations of investments that would work?

    having a social agenda and making profit aren’t mutually exclusive. We can argue about what that agenda is/should be or whatever, but saying that moving our investments around would NECESSARILY make us poorer just isn’t valid.

  17. Anonymous

    Right, the university invests in bad companies on purpose just so it can avoid growing its endowment. The 6:04 comment is one of the stupidest, most ill-informed I’ve read this week anywhere. That’s saying a lot, btw.

  18. Anonymous

    Right, the university invests in bad companies on purpose just so it can avoid growing its endowment. The 6:04 comment is one of the stupidest, most ill-informed I’ve read this week anywhere. That’s saying a lot, btw.

  19. Anonymous

    Right, the university invests in bad companies on purpose just so it can avoid growing its endowment. The 6:04 comment is one of the stupidest, most ill-informed I’ve read this week anywhere. That’s saying a lot, btw.

  20. Anonymous

    Right, the university invests in bad companies on purpose just so it can avoid growing its endowment. The 6:04 comment is one of the stupidest, most ill-informed I’ve read this week anywhere. That’s saying a lot, btw.

  21. Xiaoxi

    Y’all: Divestment doesn’t mean non-investment. There are plenty of other things to invest in. I don’t believe for a second that our current portfolio is the most profitable one possible.

  22. Xiaoxi

    Y’all: Divestment doesn’t mean non-investment. There are plenty of other things to invest in. I don’t believe for a second that our current portfolio is the most profitable one possible.

  23. Xiaoxi

    Y’all: Divestment doesn’t mean non-investment. There are plenty of other things to invest in. I don’t believe for a second that our current portfolio is the most profitable one possible.

  24. Xiaoxi

    Y’all: Divestment doesn’t mean non-investment. There are plenty of other things to invest in. I don’t believe for a second that our current portfolio is the most profitable one possible.

  25. Anonymous

    of course, this is classic extreme liberalism. doesn’t anyone consider the other side of the argument? anon @ 4:26 is perfectly right. these companies have a defensive aspect to them. without these companies, we don’t have a military. period. and there goes the U.S. as a free nation. think about that the next time you go to pitch a tent. and the fact that the school will be even poorer and it’ll take even longer to eliminate loans

  26. Anonymous

    of course, this is classic extreme liberalism. doesn’t anyone consider the other side of the argument? anon @ 4:26 is perfectly right. these companies have a defensive aspect to them. without these companies, we don’t have a military. period. and there goes the U.S. as a free nation. think about that the next time you go to pitch a tent. and the fact that the school will be even poorer and it’ll take even longer to eliminate loans

  27. Anonymous

    of course, this is classic extreme liberalism. doesn’t anyone consider the other side of the argument? anon @ 4:26 is perfectly right. these companies have a defensive aspect to them. without these companies, we don’t have a military. period. and there goes the U.S. as a free nation. think about that the next time you go to pitch a tent. and the fact that the school will be even poorer and it’ll take even longer to eliminate loans

  28. Anonymous

    of course, this is classic extreme liberalism. doesn’t anyone consider the other side of the argument? anon @ 4:26 is perfectly right. these companies have a defensive aspect to them. without these companies, we don’t have a military. period. and there goes the U.S. as a free nation. think about that the next time you go to pitch a tent. and the fact that the school will be even poorer and it’ll take even longer to eliminate loans

  29. Anonymous

    oh hey, let’s stop investing so that we can kill the last little bit of endowment we have!at least some prefrosh are here now. we’re living up to what’s been written in them books about wes.

  30. Anonymous

    oh hey, let’s stop investing so that we can kill the last little bit of endowment we have!at least some prefrosh are here now. we’re living up to what’s been written in them books about wes.

  31. Anonymous

    oh hey, let’s stop investing so that we can kill the last little bit of endowment we have!at least some prefrosh are here now. we’re living up to what’s been written in them books about wes.

  32. Anonymous

    oh hey, let’s stop investing so that we can kill the last little bit of endowment we have!

    at least some prefrosh are here now. we’re living up to what’s been written in them books about wes.

  33. Anonymous

    So if the weapons are used for defensive purposes, is SEWI still against them? Because Raytheon produces the patriot missile, which is used in my homeland (Israel) exclusively to shoot down incoming missiles and rockets. I’m sorry but I don’t consider that a “bad” thing.

  34. Anonymous

    So if the weapons are used for defensive purposes, is SEWI still against them? Because Raytheon produces the patriot missile, which is used in my homeland (Israel) exclusively to shoot down incoming missiles and rockets. I’m sorry but I don’t consider that a “bad” thing.

  35. Anonymous

    So if the weapons are used for defensive purposes, is SEWI still against them? Because Raytheon produces the patriot missile, which is used in my homeland (Israel) exclusively to shoot down incoming missiles and rockets. I’m sorry but I don’t consider that a “bad” thing.

  36. Anonymous

    So if the weapons are used for defensive purposes, is SEWI still against them? Because Raytheon produces the patriot missile, which is used in my homeland (Israel) exclusively to shoot down incoming missiles and rockets. I’m sorry but I don’t consider that a “bad” thing.

  37. Anonymous

    first of all… are students really trying to prevent people from coming here? why?second of all, i’ve heard our supposed “investment” in weapons contractors is rather nebulous

  38. Anonymous

    first of all… are students really trying to prevent people from coming here? why?second of all, i’ve heard our supposed “investment” in weapons contractors is rather nebulous

  39. Anonymous

    first of all… are students really trying to prevent people from coming here? why?second of all, i’ve heard our supposed “investment” in weapons contractors is rather nebulous

  40. Anonymous

    first of all… are students really trying to prevent people from coming here? why?

    second of all, i’ve heard our supposed “investment” in weapons contractors is rather nebulous

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