The NRA Is In Deep, Deep Financial Trouble

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The NRA is perhaps the most insidious organization active in American politics today. It is run by far right sociopaths who have made it their mission in life to ensure there are more deaths from guns in the US than in any other country on the planet.

This is not hyperbole -- after every mass shooting, the NRA doubles down on its truly vile rhetoric against those who want gun control, and takes in millions of dollars by scaring gun nuts who believe the government wants to take their weapons away. They fight gun regulation at every turn and even have ensured that the government cannot even study gun violence in America. According to the NRA, children blown to pieces in classrooms and routine gun massacres are perfectly acceptable in the name of freedom, because "guns don't kill people, people do," -- other than in every other civilized nation on earth of course.

There is however, some good news about the truly evil organization that is now responsible for hundreds and thousands of deaths in America -- it is running out of money, and quickly. From Rolling Stone:

The National Rifle Association warns that it is in grave financial jeopardy, according to a recent court filing obtained by Rolling Stone, and that it could soon “be unable to exist… or pursue its advocacy mission.” (Read the NRA’s legal complaint at the bottom of this story.)

The reason, according to the NRA filing, is not its deep entanglement with alleged Russian agents like Maria Butina. Instead, the gun group has been suing New York Gov. Andrew Cuomo and the state’s financial regulators since May, claiming the NRA has been subject to a state-led “blacklisting campaign” that has inflicted “tens of millions of dollars in damages.”

In the new document — an amended complaint filed in U.S. District Court in late July — the NRA says it cannot access financial services essential to its operations and is facing “irrecoverable loss and irreparable harm.”

Specifically, the NRA warns that it has lost insurance coverage — endangering day-to-day operations. “Insurance coverage is necessary for the NRA to continue its existence,” the complaint reads. Without general liability coverage, it adds, the “NRA cannot maintain its physical premises, convene off-site meetings and events, operate educational programs … or hold rallies, conventions and assemblies.”

The article outlines further just how bad things are getting for the NRA, and while they may be engaging in their usual hysterical tactics, it does seem like they are facing a very serious crisis:

In the filing, the NRA reveals that its longtime insurer broke off negotiations this winter and “stated that it was unwilling to renew coverage at any price.” [Emphasis in original.] The NRA claims it “has encountered serious difficulties obtaining corporate insurance coverage to replace coverage withdrawn.” In addition, the NRA contends that “multiple banks” have now balked at doing business with it “based on concerns that any involvement with the NRA — even providing the organization with basic depository services — would expose them to regulatory reprisals.”

As with everything in America, once the money goes, so does the power. If the NRA continues to get starved like this by corporate America, it may not necessarily disappear, but it will have radically less influence on the debate over gun control. And that can't happen fast enough.

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