The NRA Says It's in Deep Financial Trouble, May Be 'Unable to Exist'

[douglas9]

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 NRA’s 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 state’s 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 NRA’s video streaming service and magazines may soon shut down.



https://www.rollingstone.com/politics/politics-news/nra-financial-trouble-706371/

[awesomerwb1]

1. Just another call for donations nt

[Eliot Rosewater]

4. And the Koch bros will save them as long as they agree to side with them over rump.

[awesomerwb1]

10. You really think trhere's a rift between the Kochs and dump?

Honest question. I haven't read enough about it.

[Eliot Rosewater]

15. It is what I have heard, read.

I bet it is easily fixed with money, though.

[awesomerwb1]

16. Haha Yep

I think you're right.

[Dulcinea]

47. What? The Russians cut them off?

Bless their hearts.

[The Velveteen Ocelot]

2. Good.

[atreides1]

3. To paraphrase James T. Kirk

LET IT DIE....

[Eliot Rosewater]

17. I was going to say if "X" had to die, surely NRA deserves to, and for the life of me I cant remember

wait

ACORN

yeah, that ...an entity which existed for the sole purpose of helping the poor, had to go...helped the WRONG poor

[global1]

5. Good Riddance To Bad Rubbish.....nt

[GeorgeGist]

6. Afraid to access their Russian-funded offshore accounts?

GREAT.

[Me.]

7. If Only

[AZ8theist]

8. Fucking Snowflakes....

[IMG][/IMG]

[LandOfHopeAndDreams]

9. I Won't Hold My Breath

But if they are truly struggling, it makes me feel much better about our future.

[Aristus]

11. One can only hope...

[klook]

12. Oh no, they may shut down their video streaming service?

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]

13. Melt down your weaponry and sell it for scrap.

Then go to hell, you rotten bastards.

[nykym]

14. all I have to say is

WOMP WOMP

[monmouth4]

18. Thoughts and prayers..Bwahahahahahaaaaa n/t

[volstork]

19. Womp womp

[louis-t]

20. Awwwwww

[debsy]

21. wouldn't that be a shame...

... 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]

22. Liars.

[mysteryowl]

23. For me, I immediately see this as a fundraiser ploy

[Lithos]

24. Sounds like they are taking the same tact as evangelicals

Use any/all opportunity to say you need more money.

Just another con-game.

L-

[gibraltar72]

25. Thoughts and ah crap I can't even do it.

[benld74]

26. Call Putin

[bdtrppr6]

27. if true,

don't let the door hit you in the ass. good riddance, rooskie-symp fuckheads.

[cp]

28. It's always been about money

Unable to "function" -- ah, make it so!

[pazzyanne]

29. Sending "thoughts and prayers" to the NRA.

[FakeNoose]

42. Thoughts and prayers

[LastLiberal in PalmSprings]

30. Let me express my deep sadness for the predicament the NRA has created for itself.

It's the world's tiniest violin playing a sad song to accompany your whining, NRA.

[DFW]

31. If the public is really supposed to believe this,

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]

32. oliver did it !

[Deb]

33. Tough, let em call the "Only People Kill People" Ins Co for coverage

Nice work NY.

[Delmette2.0]

34. I will keep them in my thoughts and prayers.....NOT.

[DoctorJoJo]

35. I Had to Get a Box of Tissues, As I Was SOOO Broken Up!!

[LudwigPastorius]

36. Let me guess,...

The Big AR in the Sky is going to call them home, unless they can come up with $27 million.

[W T F]

37. And just like Paul Manafort, their flow of Russian cash has dried up

[IronLionZion]

38. We wish

They're just asking for more donations from their idiot members

[cloudbase]

39. Teddy can hold a benefit concert.

A holographic Charlton Heston might make an appearance.

[NCjack]

40. Cut the salaries of all by 50% immediately, then I will believe that

the "emergency" is real, and I will send "thoughts and prayers".

[NewJeffCT]

41. Time for Ollie North

to head to Russia to beg for money from the oligarchs?

[AllaN01Bear]

43. so long. farewell, GOODBYE.

[keithbvadu2]

44. The NRA used to be for sportsmen, hunters and gun safety. Now it has become an industry owned shill

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]

45. Good news is always welcome

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]

46. Sending...

Thoughts and prayers!

[BHDem53]

48. Cue Martha and the Vandellas!

[KY_EnviroGuy]

49. "Power tends to corrupt, and absolute power corrupts absolutely.....

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]

50. Oh well

[redstatebluegirl]

51. They whine like tv preachers.

Send us money or we will die and go to the promised land. The crocodile tears are flowing right now.

[Freethinker65]

52. Thoughts and prayers

[JustAnotherGen]

53. Now now

This is not a time to politicize the issue!





Serves the bastards right! Pieces of shit!