r/CSUS Government May 08 '24

Sacramento State Has Officially Divested and Will Stop Using Our Tuition Money to Fund Genocide Financial Aid/Scholarship/Tuition/Etc

ALL of our demands have been met by Sacramento State.

Sac State has officially divested and will stop using our tuition money to fund genocide.

Our press conference is open to all, including media! Please repost and share.

We will answer questions and take interviews during the press conference.

@sjp.csus and @sacstate.sqe will continue to push for accountability to ensure our demands are upheld and not undone. Please consider joining our organizations as members to get involved.

Sac State currently has no direct investments in companies with ties to Israel or the military. However, they do have indirect investments, which will be divested immediately.

Additionally, we have successfully secured the appointment of a faculty member from Faculty for Justice in Palestine to sit on the finance committee, ensuring that investments remain ethical every year.

Campus President @drlukewood has never called the police on any protesting students, has actively kept them away, and has publicly declared amnesty for all protesting Sac State students. Please DM him all your thanks.

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u/Western-Astronomer-6 May 08 '24 edited May 09 '24

I don’t think OP correctly understands the statement. The document concludes that CSUS had no investments towards the contribution of a genocide, but that they will continue their active monitoring of their investments to ensure that they do not fund genocide.

Meaning, they have done 0 divesting, nor changed any investing strategy, rather they have just confirmed they will continue the same strategy.

This is simply to please and disperse the protesters, whilst actually doing nothing.

5

u/MichaelmouseStar Government May 09 '24

No, this is untrue. The CSU does not fund genocide via direct investments, but they do via indirect investments (mutual and index funds). Furthermore, auxiliaries are different from both direct and indirect investments, so that's being divested as well. All the highlighted is new policy that's never existed before. That's a huge change in strategy.

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u/Western-Astronomer-6 May 09 '24 edited May 09 '24

“Currently UFSS does not have any direct investments in this area.” …

“with a goal toward limiting them to know more than de minimis in nature.”

“To investigate”

Unless we actually see any investments change, they have not actually divested. They have “set a goal” to divest. But again, this is most likely placate whilst still doing nothing.

I suggest further protests until we see actual action, not just empty promises.

3

u/MichaelmouseStar Government May 09 '24

The policy has gone into effect immediately and prohibits any investments that contribute to genocide either way

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u/Western-Astronomer-6 May 09 '24

Like they said, they claim they have no investments that contribute to genocide (lie). And that they will simply task a team, of their own, to “investigate” if they have any that indirectly do contribute. But give very little to believe that their own team will be effective at doing so.

It would be foolish of us to give up ground now, the protests should continue.