Is The NRA Going Bankrupt?

Written by SK Ashby

If we take their word for it, they might be.

The National Rifle Association (NRA) filed a lawsuit challenging New York Governor Andrew Cuomo's campaign urging insurers and financial institutions to stop doing business with the NRA and the association is asking a judge to grant an immediate injunction to stop Cuomo.

The NRA recently amended their complaint against Cuomo and the amended complaint says they won't be able to conduct business and they may even have to shut down NRA TV if the court doesn't stop Cuomo.

In the complaint, entered July 20 and first reported by the New York Law Journal, the NRA claims it has lost income and access to banking services as a result of the state’s actions. One of the more dramatic impacts of Cuomo’s push: The NRA says it has not been able to renew its media liability insurance. If the group cannot secure a policy soon, it could be forced to shutter its multimillion-dollar television network, NRATV, or a number of its print publications, the complaint reads. The NRA also says that, without insurance, it “cannot maintain its physical premises” or “convene off-site meetings and events.”

If we're all lucky, they're both A) telling the truth and B) the court won't stop Cuomo.

NRA TV is barely more sane and sober than InfoWars, and the word "barely" is doing a lot of work here. The world would be a much better place without it.

Now, it doesn't make much sense to me that the NRA may have to shut down if a handful of institutions in New York won't work with them so we have reason to be skeptical, but this could be bigger than that.

What the NRA does is not cheap and their finances are currently under a great deal of suspicion because of their close financial ties to and support from Russian oligarchs. How much of their activities in recent years were funded by foreign donors? Can they really continue to fund a television network with just donations from their dwindling number of members? How has news that one of their top lobbyists was literally in bed with a Russian spy affected their finances?

Is this lawsuit against Cuomo an attempt to hide their real problems?