This isn't good. Or is it?
https://www.foxbusiness.com/lifestyle/nra-bankruptcy-ditching-new-york-texas
https://www.foxbusiness.com/lifestyle/nra-bankruptcy-ditching-new-york-texas
NRA files for bankruptcy, announces it's ditching New York for Texas
- Thread starter Aim1
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dogtown tom
Member
Not only a drive by, but inaccurate to boot.
NRA filed Chapter 11.......reorganization, not Chapter 13.
NRA filed Chapter 11.......reorganization, not Chapter 13.
SavingNolanRyan
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It would seem the move to TX might have it's benefits. I think filing bankruptcy and "missing" $64M dollars might not be so good.
Mike
Mike
redneck2
Member
I can see this going off the rails in a hurry. Better keep it upbeat
dogtown tom
Member
As in the wannabe WLP's who have zero history of legislative accomplishment?
The piggybacker of lawsuits funded by others?
More nepotism than the NRA could dream of?
An organization that spends a greater % of income on board member and administrative expenses than the NRA?
Yep, I can say thats GOA.
daniel craig
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Good. They weren’t doing much for gun owners anyway.
Speedo66
Member
Well, the move is good if it gets them out from under the NYS attorney general.
The fact that they have no funds is disturbing, showing poor leadership and poor fiscal responsibility.
The fact that they have no funds is disturbing, showing poor leadership and poor fiscal responsibility.
ApacheCoTodd
member
Two things.
Allowing their butt-head, multi dozen *boards* drain the coffers in general as well as absorbing the costs of legal in-fighting to protect bad behavior is obviously gonna have an adverse affect on the bottom line.
And.
Screw N.Y. getting a penny off of direct, secondary or tertiary spending and tax revenues.
Me, I have elevated N.Y. to the status of Communist China as far as my discretionary spending is concerned anyhow. I don't care what or who gets hurt and know that while I'm just one - I am not alone. No more money to N.Y. if a choice presents itself.
Which, being a Kimber fan.... hurts.
Todd.
Allowing their butt-head, multi dozen *boards* drain the coffers in general as well as absorbing the costs of legal in-fighting to protect bad behavior is obviously gonna have an adverse affect on the bottom line.
And.
Screw N.Y. getting a penny off of direct, secondary or tertiary spending and tax revenues.
Me, I have elevated N.Y. to the status of Communist China as far as my discretionary spending is concerned anyhow. I don't care what or who gets hurt and know that while I'm just one - I am not alone. No more money to N.Y. if a choice presents itself.
Which, being a Kimber fan.... hurts.
Todd.
daniel craig
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I’ve got to be one of the few NYers who actually mostly likes it here.
db_tanker
Member
I figure its a good thing. New York isn't exactly a good environment, IN GENERAL...I know there are the Adirondacks and upstate but all in all...
TX is probably short sighted.
loadedround
Member
This news sure shocked the hell out of me!
alsaqr
Member
This should not come as a shock to anyone who stayed informed about the dumpster fire that is the NRA.
Yep, that would allow Wayne La Pierre and his scoundrels to re-organize in Texas. But the New York attorney general has other ideas:
National Rifle Association files for bankruptcy, seeking to escape New York lawsuit (msn.com)
Yep, that would allow Wayne La Pierre and his scoundrels to re-organize in Texas. But the New York attorney general has other ideas:
National Rifle Association files for bankruptcy, seeking to escape New York lawsuit (msn.com)
gbw
Member
This, exactly. There is no excuse and leadership should be forced to repay including if it bankrupts them.
ApacheCoTodd
member
Oh hell, I LOVE N.Y.
The City and upstate. Outlying NYC I find stressful but the state is wonderful and NYC must be experienced at least once by all Americans. I simply cannot tolerate the NY bureaucrats politically weaponizing the things that they control (or feel they control) in their state.
Todd.
Demi-human
maybe likes firearms a little bit…
I’d like to think of it as Deplatforming New York politicians.
I don’t know why they wouldn’t move closer to DC though...
I don’t know why they wouldn’t move closer to DC though...
lionking
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In these current political times especially the next two to four years our side to show weakness and disorganization to include the NRA will only embolden anti gun politicians and organizations.
MidRoad
Member
Isn't kimber relocating ? Thought I read that somewhere
ApacheCoTodd
member
In the end, it may well be time for the NRA as we once knew it and more to the point, as it has become to die that the assets and energies get dispersed to a true result-oriented organization rather than the process-oriented perversion that the NRA has become.
Pity, because I have such fond memories on into and through the 80's.
Todd.
Pity, because I have such fond memories on into and through the 80's.
Todd.
Bush Pilot
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Unless your name is Wayne.
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