The NRA Says It's in Deep Financial Trouble, May Be 'Unable to Exist'
The National Rifle Association warns that it is in grave financial jeopardy, according to a recent court filing obtained by Rolling Stone, and that it could soon be unable to exist
or pursue its advocacy mission. (Read the NRAs legal complaint at the bottom of this story.)
The reason, according to the NRA filing, is not its deep entanglement with alleged Russian agents like Maria Butina. Instead, the gun group has been suing New York Gov. Andrew Cuomo and the states financial regulators since May, claiming the NRA has been subject to a state-led blacklisting campaign that has inflicted tens of millions of dollars in damages.
In the new document an amended complaint filed in U.S. District Court in late July the NRA says it cannot access financial services essential to its operations and is facing irrecoverable loss and irreparable harm.
Specifically, the NRA warns that it has lost insurance coverage endangering day-to-day operations. Insurance coverage is necessary for the NRA to continue its existence, the complaint reads. Without general liability coverage, it adds, the NRA cannot maintain its physical premises, convene off-site meetings and events, operate educational programs
or hold rallies, conventions and assemblies.
The complaint says the NRAs video streaming service and magazines may soon shut down.
https://www.rollingstone.com/politics/politics-news/nra-financial-trouble-706371/
awesomerwb1
(4,268 posts)Eliot Rosewater
(31,112 posts)awesomerwb1
(4,268 posts)Honest question. I haven't read enough about it.
Eliot Rosewater
(31,112 posts)I bet it is easily fixed with money, though.
awesomerwb1
(4,268 posts)I think you're right.
Dulcinea
(6,639 posts)Bless their hearts.
The Velveteen Ocelot
(115,733 posts)atreides1
(16,079 posts)LET IT DIE....
Eliot Rosewater
(31,112 posts)wait
ACORN
yeah, that ...an entity which existed for the sole purpose of helping the poor, had to go...helped the WRONG poor
global1
(25,253 posts)GeorgeGist
(25,321 posts)GREAT.
AZ8theist
(5,475 posts)[IMG][/IMG]
LandOfHopeAndDreams
(872 posts)But if they are truly struggling, it makes me feel much better about our future.
Aristus
(66,387 posts)klook
(12,157 posts)Where am I gonna go to see indignant harangues by that master thespian Dana what's-her-face?
I'll believe it when I see it... probably just a gambit to get more donations from their sucker constituency.
TheCowsCameHome
(40,168 posts)Then go to hell, you rotten bastards.
nykym
(3,063 posts)WOMP WOMP
monmouth4
(9,708 posts)volstork
(5,402 posts)louis-t
(23,295 posts)debsy
(530 posts)... or maybe it is something they are pumping out with Russia's help as propaganda to make it seem like the are in trouble. Mind games is what they play.
old guy
(3,283 posts)mysteryowl
(7,390 posts)Lithos
(26,403 posts)Use any/all opportunity to say you need more money.
Just another con-game.
L-
gibraltar72
(7,506 posts)benld74
(9,904 posts)bdtrppr6
(796 posts)don't let the door hit you in the ass. good riddance, rooskie-symp fuckheads.
cp
(6,636 posts)Unable to "function" -- ah, make it so!
pazzyanne
(6,556 posts)FakeNoose
(32,645 posts)LastLiberal in PalmSprings
(12,586 posts)It's the world's tiniest violin playing a sad song to accompany your whining, NRA.
DFW
(54,405 posts)Then we also to believe the gun lobby and the State Bank of the Russian Federation have run out of liquid funds.
I didn't think so.
stonecutter357
(12,697 posts)Deb
(3,742 posts)Nice work NY.
Delmette2.0
(4,166 posts)DoctorJoJo
(1,134 posts)LudwigPastorius
(9,155 posts)The Big AR in the Sky is going to call them home, unless they can come up with $27 million.
W T F
(1,147 posts)IronLionZion
(45,452 posts)They're just asking for more donations from their idiot members
cloudbase
(5,520 posts)A holographic Charlton Heston might make an appearance.
NCjack
(10,279 posts)the "emergency" is real, and I will send "thoughts and prayers".
NewJeffCT
(56,828 posts)to head to Russia to beg for money from the oligarchs?
AllaN01Bear
(18,256 posts)keithbvadu2
(36,828 posts)The NRA used to be for sportsmen, hunters and gun safety.
Now it has become an industry owned shill for the sale of more guns and the enrichment of its leaders.
steventh
(2,143 posts)Yes I know, I know, they could be crying wolf, looking for contributions. But until proven false I choose to enjoy this good news for now.
The Conductor
(180 posts)Thoughts and prayers!
BHDem53
(1,061 posts)KY_EnviroGuy
(14,492 posts)Great men are almost always bad men, even when they exercise influence and not authority, still more when you superadd the tendency or the certainty of corruption by authority." (Lord Acton, 1887)
No better examples of that proposal than the NRA and the GOP. The NRA has held almost absolute power over gun legislation for decades and the GOP now holds almost absolute power over our government. Both are now highly corrupt.
What happened to their beloved free-market principles and living within their means?...... .......
ck4829
(35,077 posts)redstatebluegirl
(12,265 posts)Send us money or we will die and go to the promised land. The crocodile tears are flowing right now.
Freethinker65
(10,024 posts)JustAnotherGen
(31,828 posts)This is not a time to politicize the issue!
Serves the bastards right! Pieces of shit!