Guns

Is The NRA Going Bankrupt?

JM Ashby
Written by JM 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?

  • Christopher Foxx

    Claiming they are victims is right at the to of the conservative playbook. I don’t for a second believe the NRA is anywhere near as harmed as they claim to be.

    A modern conservative stubs their toe and the claim they’ve been paralyzed for life.

  • Badgerite

    No NRATV? What will we do?

    • ninjaf

      Pass sensible gun reform?

  • ninjaf

    Gee, they could move their operations to Mississippi or one of the other “Murican” states with more Second Amendment “friendly” governors but they won’t because they won’t be able to convince their staff to move out of a cosmopolitan area to run the day-to-day operations. They want to get the MAGAt money, not live among them.

  • katanahamon

    There’s a lot, lot of money flowing to politicians that we know about, and likely much we don’t. That ain’t cheap..they’ve probably finally reached a tipping point..

  • Aynwrong

    I’m having a hard time believing that the NRA is having that hard a time because of the campaign of one governor in one blue state. Though I suppose the bad publicity brought about from effectively endorsing every mass shooting of the last several years, relentlessly enabling the next mass shooting, and of course providing a hostile foreign power with a gateway into American politics for the purpose of spreading propaganda could eventually have a cumulative effect.

  • muselet

    Poor babies. It just gets worse and worse, doesn’t it?

    Not only is Andrew Cuomo urging companies not to deal with the NRA, but since Aleksandr Torshin’s cutout, Mariia Butina, won’t be available for the foreseeable future, however will the NRA get its multi-million–ruble donations?

    Now, if you’ll all excuse me, I need to step away from the computer and laugh until my sides hurt.

    –alopecia

    • Aynwrong
      • muselet

        Pretty much, yeah.

        –alopecia

    • ninjaf

      They were already used to getting “roobles” — donations from the roobs, so getting paid in rubles was their next logical leap.

      Sorry…couldn’t resist. I tried. I really did.