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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

Posted on 08/03/2018 12:13:31 PM PDT by DEPcom

The National Rifle Association (NRA) is alleging that it is facing financial danger after the state of New York pressured financial institutions to cut ties with the gun group.

The NRA claims in a lawsuit, obtained and first reported by Rolling Stone, that the state of New York sought to hurt the organization by urging financial institutions and insurers not to work with the gun group.


TOPICS: Miscellaneous
KEYWORDS: banglist; lawsuit; nra
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To: DEPcom
Imagine what they could raise at ALL CASH rallies, from pi$$ed off members.

I'll bet advertisers would accept cash.

21 posted on 08/03/2018 1:44:24 PM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: Theoria
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.
22 posted on 08/03/2018 2:32:53 PM PDT by servantboy777
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To: DEPcom

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.


23 posted on 08/03/2018 2:33:44 PM PDT by GrandJediMasterYoda (Vox populi, vox dei)
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To: DEPcom
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....

24 posted on 08/03/2018 3:38:05 PM PDT by apillar
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To: DEPcom

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..


25 posted on 08/03/2018 9:48:03 PM PDT by tallyhoe
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To: tallyhoe
They can't move the company into a sane, stable state?
26 posted on 08/04/2018 4:26:27 AM PDT by Vision (Obama corrupted, sought to weaken and fundamentally change America; he didn't plan on being stopped)
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To: DEPcom

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

It just ain’t gonna happen.


27 posted on 08/04/2018 11:45:05 AM PDT by Jack Hammer
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To: Vision

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


28 posted on 08/04/2018 12:12:49 PM PDT by tallyhoe
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