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Is the NRA Bankrupt?

Discussion in 'Legal' started by 12-34hom, Dec 23, 2003.

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  1. 12-34hom

    12-34hom Member

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    While listening to a radio talk show host Jan Michealson on Des Moines, Iowa - AM - radio station - WHO, he made the comment that the NRA was bankrupt.

    This comment was made at the very end of this show and i did not get time to call in and confirm this comment that he made.

    Does anyone here have a clue to whether this is true or not??

    12-34hom.
     
  2. Mike Irwin

    Mike Irwin Member

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    This is an active topic of discussion here. Look around.

    NRA is far from bankrupt.

    That's the anti-gunner's wet dream, but it's so far from the truth it's not even funny.
     
  3. FPrice

    FPrice Member

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    "Does anyone here have a clue to whether this is true or not??"

    I'll bet that Mike has a better take on this than 99% of the other people here.

    But, look around. The NRA has suddenly become THE main target of the anti-gun forces. I wonder why? And I wonder where this rumor is coming from?
     
  4. tn 1911

    tn 1911 Member

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    I've read figures like 100 million in the red, this on another forum.

    Michael
     
  5. JeffS

    JeffS Member

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    Very likely their are not. The $100mil represents future liabilities to life members and other long-term members. However, the NRA can suspend these liabilities with a vote by the board of directors. Far different than if they owed $100mil to banks... then I would say the fat lady is about to sign.
     
  6. mercedesrules

    mercedesrules Member

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    Financially...or in some other way? :D
     
  7. Bartholomew Roberts

    Bartholomew Roberts Moderator Emeritus

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