NRA alleges financial difficulties in New York lawsuit

http://thehill.com/regulation/court-battles/400282-nra-alleges-financial-difficulties-in-new-york-lawsuit ^ | Aug 3, 2018 | The Hill

[G Larry]

Imagine what they could raise at ALL CASH rallies, from pi$$ed off members.

I'll bet advertisers would accept cash.

[servantboy777]

Perhaps they could save a lil $$doe$$ by stopping all the junk mailers. Go online with their magazines and stop giving out knives, pouches and all the other nonsense. Use the money for what it was intended.

[GrandJediMasterYoda]

That’s New York city for you. They give $41 million to 5 thugs who raped and beat a woman within an inch of her life and tries to ruin an organization that promotes and teaches self defense.

[apillar]

Someone correct me if I'm wrong....

As a member, I use to get those annual financial summaries from the NRA. I seem to remember they have a large trust fund worth over $100 million. It can't be used for day to day expenses without board approval, so while they may very well have short-term cash crunch, but they are far from bankruptcy....

[tallyhoe]

What is happening here is that New York is Shutting down NRA Insurance Company so the NRA can’t insure itself for damages. Now no insurance Company will back them. That is why they are in trouble..

[Vision]

They can't move the company into a sane, stable state?

[Jack Hammer]

Millions of members, and no one’s gonna let the NRA go broke.

It just ain’t gonna happen.

[tallyhoe]

No other insurance company will insure them. So any lawsuit they have to pay out of their funds..