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

[Madmallard]

Says Rolling Stone Mag. For what it's worth.

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 NRA Says It’s in Deep Financial Trouble, May Be ‘Unable to Exist’ – Rolling Stone

 

[Jem45472]

Maybe they shouldn't have abandoned NY which is their biggest source of income.

 

[SomeSoldier]

No worries GOA is here to replace them.

 

[Celt]

Wayne LaPierre can give back one year salary and fix everything.

 

[Robin]

Rolling Stone? Ummmmm, I'll wait on this one.
Robin

 

[Darth]

Wayne LaPierre can give back one year salary and fix everything.

Wait until the NRA boot lickers find out that's true.

 

[kev74]

Exaggerating damages for a lawsuit? My shocked face------>

 

[Jezman]

Rolling Stoned looking for ratings or sales?????

The Great Empire State is fing with Spectrum as well?

I see a pattern here.

 

[Dr. Evil]

So I guess I can expect this angle in the next telemarketing call I get from them?

 

[Twogunwilly]

SAF must spend our money better.

 

[masterswimmer]

Wayne LaPierre can give back one year salary and fix everything.

You beat me to it!

 

[Burzum]

SAF must spend our money better.

Yes their big $15 annual dues with a dozen or so court cases pending (or more) at any given time must be breaking them too (joke).

 

[Catskillkid]

The thing that concerns me about this is the fact that a government (in this case NYS) is essentially forcing financial institutions (banks in this case) to cease working with the NRA which in turn makes them unable to acquire insurance which makes them unable to conduct business. If they can do this to the NRA who can't they do it to?

 

[ArmedCorgi]

The thing that concerns me about this is the fact that a government (in this case NYS) is essentially forcing financial institutions (banks in this case) to cease working with the NRA which in turn makes them unable to acquire insurance which makes them unable to conduct business. If they can do this to the NRA who can't they do it to?

Makes you want to refuse to pay state taxes just to show this out of control government, who has the real power.

 

[1911guy]

The thing that concerns me about this is the fact that a government (in this case NYS) is essentially forcing financial institutions (banks in this case) to cease working with the NRA which in turn makes them unable to acquire insurance which makes them unable to conduct business. If they can do this to the NRA who can't they do it to?

Exactly my first reaction to the article.

 

[Phazer]

So I guess I can expect this angle in the next telemarketing call I get from them?

I won't. As soon as I hear "Hello.... I'm calling on behalf of the NRA" on my cell phone, I hang up and block the number.

 

[Phazer]

Makes you want to refuse to pay state taxes just to show this out of control government, who has the real power.

"Want to"....sure. But, do it and you'll see how much power this out-of-control NYS government can bring to your doorstep.


Yes... were living under tyranny.

 

[ArmedCorgi]

"Want to"....sure. But, do it and you'll see how much power this out-of-control NYS government can bring to your doorstep.


Yes... were living under tyranny.

I know. I meant everyone together doing it as a citizenry.

 

[redtail]

You haters do realize you are on the same side as cummo here right ?

 

[livingston]

Brewer called the actions of Cuomo and the financial regulators “a blatant attack on the First Amendment rights of our organization,” adding that they “will further harm the NRA, chill the commercial activities of institutions regulated by DFS, and penalize law-abiding New York insurance consumers.”

In response, Cuomo's office announced Friday afternoon that New York would be filing a motion to dismiss the NRA's lawsuit against the state, asserting that Cuomo and the state's actions were not in violation of the groups' First Amendment rights.

“New York we will not be intimidated by the NRA’s frivolous lawsuit to advance its dangerous gun-peddling agenda,” Cuomo said in a statement. Washington, DC may be bought and paid for by the NRA, but in New York we are listening to the voices of people across the nation calling for action to keep our communities safe. While the NRA tries to play the victim, New York stands with the real victims — the thousands of people whose lives are cut short by gun violence every year.”

Cuomo has previously called the NRA's lawsuit “a futile and desperate attempt to advance its dangerous agenda to sell more guns.”

The gun rights organization also states that it has lost insurance coverage after its carrier said it “was unwilling to renew coverage at any price.”

The lawsuit alleges that the NRA may be forced to shut down NRATV and other publications after it lost its media liability coverage.

The group claims that it could lose access to financial services because “multiple banks” are distancing themselves from the NRA “based on concerns that any involvement with the NRA — even providing the organization with basic depository services — would expose them to regulatory reprisals.”

"If the NRA is unable to collect donations from its members, safeguard the assets endowed to it, apply its funds to cover media buys and other expenses integral to its political speech, and obtain basic corporate insurance coverage, it will be unable to exist as a not-for-profit or pursue its advocacy mission," the complaint states.

The NRA cites Cuomo's past statements and actions against the NRA, claiming that for him "weakening the political advocacy of the NRA is a career strategy."

New York officials are moving "to coerce insurance agencies, insurers, and banks into terminating business relationships with the NRA that were necessary to the survival of the NRA as a charitable organization," the filing alleges.
NRA alleges financial difficulties in New York lawsuit

 

[Deplorable Me]

The first casualty of war is the truth. Fake news propaganda to seduce members who are marginal?

Prior propaganda stated the NRA gave $30 million to Trump.

Bullshit for the weak minded. Screw Andy, I just extend my membership to spite him.

 

[ProgSpear]

"Want to"....sure. But, do it and you'll see how much power this out-of-control NYS government can bring to your doorstep.


Yes... were living under tyranny.

I know. I meant everyone together doing it as a citizenry.

Just a thought exercise. Suppose a hundred thousand or so of said citizens refused to pay their taxes due to the state's infringement on their rights, and pooled the equivalent amount in a legal defense pool to sue the state for infringement of those rights, and for the protection of individuals singled out for persecution by the state by taking this stand?

 

[ArmedCorgi]

Just a thought exercise. Suppose a hundred thousand or so of said citizens refused to pay their taxes due to the state's infringement on their rights, and pooled the equivalent amount in a legal defense pool to sue the state for infringement of those rights, and for the protection of individuals singled out for persecution by the state by taking this stand?

Would it even be possible for people who aren't self employed? Payroll takes your taxes out for you. You would also need retailers who would be willing to not charge sales tax.

 

[STS556]

The financial trouble is being blamed on the NRA case with cuomo and the NRA fighting against the activism from teens after Parkland. If the NRA actually goes under due to the case with cuomo, this world wont be big enough to for cuomo's head. The NRA has not done much for NY but if they fold, all hope is lost for NY.

 

[ProgSpear]

Would it even be possible for people who aren't self employed? Payroll takes your taxes out for you. You would also need retailers who would be willing to not charge sales tax.

I'm not the smart guy that can figure out the detailed mechanics of all this, which is why I posed it as a thought experiment. My point is that the ONLY thing the state is good at is threatening people to get their way, and "the law" is the cudgel they use as the threat. Since the tyranny of the majority is alive and well in Albany, meaning our voices are suppressed at the ballot box, the ONLY way that I can see that "we the people" in the oppressed minority can threaten the state (short of outright kinetic violence) is to withhold their lifeblood, a.k.a. tax revenue, and through court actions. I'm just proposing that both lines of attack somehow be coordinated.

 

[oc shooter]

Life member and support the NRA all the way

 

[minderasr]

Yes their big $15 annual dues with a dozen or so court cases pending (or more) at any given time must be breaking them too (joke).

The SAF called me the other night asking if I could donate $1000. They claim all the pending lawsuits are too costly. When I balked they dropped the request to $150. I guess the NRA isn't alone in needing money.

 

[Catskillkid]

Just a thought exercise. Suppose a hundred thousand or so of said citizens refused to pay their taxes due to the state's infringement on their rights, and pooled the equivalent amount in a legal defense pool to sue the state for infringement of those rights, and for the protection of individuals singled out for persecution by the state by taking this stand?

Would it even be possible for people who aren't self employed? Payroll takes your taxes out for you. You would also need retailers who would be willing to not charge sales tax.

I'm not the smart guy that can figure out the detailed mechanics of all this, which is why I posed it as a thought experiment. My point is that the ONLY thing the state is good at is threatening people to get their way, and "the law" is the cudgel they use as the threat. Since the tyranny of the majority is alive and well in Albany, meaning our voices are suppressed at the ballot box, the ONLY way that I can see that "we the people" in the oppressed minority can threaten the state (short of outright kinetic violence) is to withhold their lifeblood, a.k.a. tax revenue, and through court actions. I'm just proposing that both lines of attack somehow be coordinated.

Check out the Sovereign Citizens Movement (Sovereign citizen movement - Wikipedia...not a great description but better than the SPLC definition). Basically they're people who believe that they get to decide what taxes they pay and what laws they can follow (essentially they believe only certain Common Law should be enforced). Everywhere they are found they're arrested with extreme prejudice. My uncle is a letter carrier for the Post Office in Dutchess County. There was one that lived on his mail route. Long story but basically this lady had some sort of scheme going so could get out of paying taxes (or so she thought). Eventually the IRS caught up with her and had I believe the FBI (perhaps it was some other federal agency...I don't recall) raided her home and arrested her. There were several charges but the most severe was income tax evasion.

It's a sad world where we'll give passes to pedophiles, illegal immigrants, gang members and other ilk but throw all SWAT team at someone for not paying taxes, especially when our natural rights are being violated on a damn near daily basis. In short, unless it was a big movement I don't think it would get very far. The government doesn't mess around with tax evaders.

Also, from a practical level, if you're not self-employed, you'd have to convince your employer to take out the maximum they could from taxes and keep it in your check. Then on April 15 when the tax bill is due you'd just not pay it.

 

[Twogunwilly]

Love em or hate em the NRA is an American icon. I'm angry they left us for dead and I protested by not paying dues for the last few years, that ends tonight. They may not be a silver bullet but they sure are the big gun name wise and that's what keeps the libreturd commies up at night.

 

[Steal2B]

Maybe they shouldn't have abandoned NY which is their biggest source of income.

New York is not even in the top 10 states for number of NRA members or as a source of donations / membership revenue. At state levels ONLY California, Texas, and Florida received more from the NRA in 2016 than NY and those states have more than TRIPLE the NRA membership compared to NY. With the deep blue antiamerican NY assembly, overturning NY anticonstitutional legislation will likely have to be done in the judiciary. New legislative infringement attempts can, however, be blocked with a pro constitution majority in the NY Senate but there is a razor thin margin of semi sanity in the NY Albany Senate. A pro 2A governor can make an impact (budget, exec orders, regs, appointments) but can not likely quickly overturn existing legislation because of the Blue urban majority in the Assembly. Unless there is a judicial solution, NY's path to freedom looks like an apparent long rough trail.