NRA Declares Bankruptcy, Announces ‘New Strategic Plan’

By KAZ Vorpal (Flickr: Declaration of Independence, with Firearm) [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

The National Rifle Association announced it filed for Chapter 11 bankruptcy and will relocate from New York’s “politically toxic” environment to Texas.

The nation’s leading gun-rights group’s announcement comes amid the coronavirus pandemic, the difficulties of which have resulted in dozens of layoffs, the cancellation of its national conference and contributed to anemic fundraising numbers.

Per NBC New York:

“The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas,” wrote NRA CEO and executive vice president Wayne LaPierre, adding that the move will have “no major changes are expected to the NRA’s operations or workforce.”

Last year, New York Attorney General Letitia James announced that the state was seeking to dissolve the NRA in a lawsuit that accused the organization’s leadership of diverting $64 million dollars for their own personal use.

“The NRA’s influence has been so powerful that the organization went unchecked for decades while top executives funneled millions into their own pockets,” James said in August. “The NRA is fraught with fraud and abuse, which is why, today, we seek to dissolve the NRA, because no organization is above the law,” she added.

James is asking the court to dissolve the NRA and require each of the current and former executives named in the suit to pay full restitution.

The NRA has called James’ suit “baseless” and a “premeditated attack” on the right to bear arms.



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CaptTurbo
CaptTurbo
1 year ago

So long as the NRA keeps Wayne Lapierre they are toast.

John David
John David
1 year ago
Reply to  CaptTurbo

So long as the NRA believes in the Second Amendment, the vicious, power hungry leftists will keep on trying to make toast.

Paul Nielsen
Paul Nielsen
1 year ago
Reply to  CaptTurbo

Capt, you beat me to it. And whatever happened to Ollie North, conflict with Wayne? There are many of us fully supportive of NRA and Second Amendment rights who are eager to see an “open under new management sign” after the move to God’s country, which most of us fully support. I’m still an NRA member but considering alternatives.

Phil Hammersley
Phil Hammersley
1 year ago
Reply to  Paul Nielsen

Right on, Paul! I’d follow Ollie before anyone else! If any NRA officer is misusing OUR funds, he should be forced out ASAP!

OldGringo
OldGringo
1 year ago
Reply to  Paul Nielsen

I agree…Texas is a good move…the NRA should have done that years ago…Any gun maker who still has their businesses on the east coast are fools…Yes it is expensive to move but it’s better than having a business in a state that hates guns and hates your business and wants to destroy you anyway…That being said why hang around for the inevitable to happen…Stop being their fools…As for the top leadership of the NRA they are not much different than other big businesses…all being corrupt as they siphon funds off for their own private use…Normally when a business is doing great this practice is overlooked until the day comes when the money is drying up and someone brings this topic up to the membership pointing out the errors of their ways which will force them into bankruptcy if they don’t begin to correct their problems….First they must remove those from office who were the culprits in fleecing the companies which they were in charge of…Another words “fire” every last one of them and start doing business again with out the companies failed leadership.

Diann
Diann
1 year ago
Reply to  OldGringo

WELCOME to TEXAS Y’ALL!!!!

Richard N
Richard N
1 year ago
Reply to  Diann

Diann, I don’t believe they’re moving to Texas, rather reencorporating in Texas. Now that said they should move their headquarters from gun hating Virginia to Texas, but stay out of democratic centers like Houston, Dallas, and Austin.

mike smith
mike smith
1 year ago
Reply to  CaptTurbo

I agree, Wayne has rigged the NRA elections to stay in control of its money.

The NRA has 0 lawsuits.

Join Gun Owners of America if you want action!

DEFUND CONGRESS
DEFUND CONGRESS
1 year ago
Reply to  CaptTurbo

Please man bun, tell us all about it.

Gerald S Ladd
1 year ago

LOL..I got out of NY state 9 years ago. Very toxic there.

Alan
Alan
1 year ago
Reply to  Gerald S Ladd

I left N.Y.C. in 1967.

DaveW
DaveW
1 year ago
Reply to  Alan

1June 1967. I departed Syracuse for San Antonio, TX.

GERARD L SAMOLESKI
GERARD L SAMOLESKI
1 year ago
Reply to  Alan

and i thought 81″ was a loog time ago

Marjorie
Marjorie
1 year ago
Reply to  Gerald S Ladd

I left 2002

Julia Gurule
Julia Gurule
1 year ago
Reply to  Marjorie

Seems like all the smart people are leaving NYC.

vladimir
vladimir
1 year ago
Reply to  Julia Gurule

Hopefully those people don’t take their globalist puppet, democrat criminal party with them to another state .

David Schaaf
1 year ago
Reply to  vladimir

Problem is here in Florida we argetting lot of New Yorkers moving here but are bringing their Democratic Brain Washed Ideas with them

Dave
Dave
1 year ago
Reply to  David Schaaf

Yes, I always hear, In NY, we did it this way,,, sure didn’t work did it?

maxibaby
maxibaby
1 year ago
Reply to  Dave

That’s so lame……if everything was hunky-dory why did they leave New York. The planes and roads go in both directions and they are free to return to NY. Everyone surely did very well without them and can again. I understand Cuomo NEEDS new taxpayers!

Allen K Nielsen
Allen K Nielsen
1 year ago
Reply to  Dave

Same problem for Texas, Arizona, Utah, Nevada and Idaho. Damn Californians!

Manuel casarez
Manuel casarez
1 year ago
Reply to  David Schaaf

Stop them at the border !

John
John
1 year ago
Reply to  David Schaaf

liberal/left wing/demoncrats are like a cancer. They screw up one area and then move on to healthy areas to screw them up.

Dave
Dave
1 year ago
Reply to  Julia Gurule

All the smart people would have NEVER moved there!

Viken Shirinian
Viken Shirinian
1 year ago
Reply to  Gerald S Ladd

Never stayed in NY more than 5 days and that was once. and once too many

GERARD L SAMOLESKI
GERARD L SAMOLESKI
1 year ago

i went to
visit a cousin and left the same day

Anony Mous
Anony Mous
1 year ago

Visited it a couple of times for business (under duress), haven’t been back since.

Anony Mous
Anony Mous
1 year ago
Reply to  Gerald S Ladd

Ditto.. But me, 14.

Billy Wilson
Billy Wilson
1 year ago

Good move to heck with the liberal progressives. I hope more Corperations leave and they loose their excessive tax base

Anony Mous
Anony Mous
1 year ago
Reply to  Billy Wilson

Already been happening. Estimated tax loss to NYC and NY State- over a Billion dollars. (It’s expensive to grease palms and protect illegals, don’t you know..)

David Mullen
David Mullen
1 year ago
Reply to  Billy Wilson

Please do not bring “Liberalism” with you!

Shelley
Shelley
1 year ago
Reply to  Billy Wilson

Just don’t bring their liberal vote and agenda with them! Far too many liberals are moving to conservative states, then voting for the same failed liberal policies that took down their previous state. If you want the liberal agenda, then stay in a liberal state and live with the consequences! This is why the federal government programs should be ended and if states decide they want a communist/socialist agenda, then they can live with it – WITHOUT OUR MONEY!

charlie
charlie
1 year ago

NYS Democrap AG needs to be impeached and removed!

Glow
1 year ago
Reply to  charlie

Yes like the NRA is doing different from Clinton, don’t hear the idiot going after the Corrupt, Crooked Clintons

Cowgirl Diva
Cowgirl Diva
1 year ago
Reply to  charlie

…..and the mayor….and the governor..!

Gerry
Gerry
1 year ago
Reply to  charlie

EVERY present day politician in NY needs to be impeached and then indicted and imprisoned.

Alan
Alan
1 year ago

The NRA should long since have left New York. As for Wayne, he should long since have been sent packing along with a number of others, his allies and “yes men”.

Allen K Nielsen
Allen K Nielsen
1 year ago
Reply to  Alan

Oh, I so agree!

Dave
Dave
1 year ago

NYC, Is America’s Moscow]!

Cowgirl Diva
Cowgirl Diva
1 year ago
Reply to  Dave

It’s SHAMEFULL and a SHAME..!!

Tony
Tony
1 year ago
Reply to  Dave

ITS CRITTER VILL BURNT OUT STORES LITTER HOMELESS PEOPLE CRIME THROUGH THE ROOF ROTTEN APPLE

Susanana
Susanana
1 year ago

Letitia is just playing Marxist politics, Democrats have been money laundering for ages. Never with consequences because Republicans were in on it too. Donald Trump told them to leave NYC and they obviously didn’t listen soon enough. What we need to organize is a New Republic without the rotten devil Marxist cabal. Let them stew in their own juices.

Bill Williams
1 year ago

No one, including businesses can survive in NYC, it’s toxic because it’s a sewer full of crooked politicians.

vladimir
vladimir
1 year ago
Reply to  Bill Williams

Well it is run/ruined by globalists and globalist puppet $oro$ and globalist puppet democrat criminal party and globalist puppet rino criminal party and globalist media .

Irene E Peters
Irene E Peters
1 year ago
Reply to  Bill Williams

Bill, that is absolutely correct but nothing new! It has been that way since the days of “Tamminy Hall”!!! The only OTHER corrupt machine to match Tamminy Hall has been the Daly Machine of Chicago and Cook County!

ALSCV
ALSCV
1 year ago

A very good move for the NRA. Should have happened sooner. All conservative businesses should leave NYC and New York state as well. Their governor is running New York.

soupy
soupy
1 year ago

Anyone not believing that NYC is a crime city, try opening a pizza shop.

Nine Island Girl
Nine Island Girl
1 year ago

Everyone wants to move themselves and their businesses to Texas or Florida. Leave your stupid political views and the way you vote behind.
Of course, I’m sure this does not apply to the NRA.

Upsidedownjack
1 year ago

If, one comes to Live in TEXAS LEAVE YOUR SOCIAL COMMUNIST CRAP WHERE YOU CAME FROM! Texas already has more than Enough damn SocialCommunis. Working to RID the State/COUNTRY of TEXAS. OF THE Left bastards!

Julia Gurule
Julia Gurule
1 year ago
Reply to  Upsidedownjack

Native Texan. Texans DON’T go down easy. Warning to any fools who want to move there.

Nine Island Girl
Nine Island Girl
1 year ago
Reply to  Julia Gurule

I love your governor and I’m with you. Hope the LIBTURDS know that moving in.

chuck mckiernan
chuck mckiernan
1 year ago
Reply to  Julia Gurule

Like you old kids say DON’T MESS WITH TEXAS, bless your hearts!!!

Nine Island Girl
Nine Island Girl
1 year ago
Reply to  Upsidedownjack

I’m sure of it. Austin is a real bastion of liberalism, and so is San Antonio.
I pray that Texas will NEVER go blue.

Carlos Abajos
Carlos Abajos
1 year ago

The NRA will only pass the “smell test” when LaPierre is gone, until then withholding renewing membership

Lilhouse
Lilhouse
1 year ago

God’s blessings on your new adventures NRA. GOOD LUCK ON YOUR MOVE. AMEN 🙏

Bruce
Bruce
1 year ago

Happiness is NYC in the rear view mirror !

Tim
Tim
1 year ago

Been meaning to join the NRA. Now I have even more reason cause if the dirty Dems!

JCE
JCE
1 year ago

Can’t blame anyone for leaving Cuomo and DeBlasio behind, they are behinds. New York is a joke with them in charge and the Democrats are ruining the whole state!

Nine Island Girl
Nine Island Girl
1 year ago
Reply to  JCE

But the sad situation is that their residents will either vote for them again, or vote in another DEMONKRAP to replace them. You can’t fix stupid. AOC now will be in guberment for life.
She promises her constituents the world with everyone else’s money.

Steve Sylvia
Steve Sylvia
1 year ago

I automatically mistrust anything from a radical left wing activist. If Letitia opposes it it is likely okay.

Ltc Debra Shawver
Ltc Debra Shawver
1 year ago

Should have moved long ago!!!

Top Coh
Top Coh
1 year ago

Welcome to Texas please look at Fort Worth as home.

L.C Black
L.C Black
1 year ago
Reply to  Top Coh

Fort Worth would be a good choice!

C. Wyatt Hertz
C. Wyatt Hertz
1 year ago

NRA needs to look at what they’re overpaying their executives and their expense accounts. They can’t keep asking for money the way they do with the results they’re getting.

Ready for it
Ready for it
1 year ago

And I JUST RENEWED my membership and donated $10 extra bucks 🤨 !!!

AlphaMale
AlphaMale
1 year ago

Latetia james another democratic piece of shit. I personally am happy to see the NRA leave NYS as every other large corporation will do in the near future. Take that Andrew!

LJR Justice
LJR Justice
1 year ago

GREAT !!!!!!!!..Best news yet…Get away from that pool of toxic waste…..MAGA !!!

JohnS
JohnS
1 year ago

Letitia James, really? Let’s look at this hard core progressive zealot. She is suing the NYC police Department for violating the rights of BLM members who rioted, burned looted and burned down whole blocks regardless of the color or race of the owners while citing “a pattern of excessive, brutal and unlawful force . . . in suppressing overwhelmingly peaceful protests.” She lost a climate change case to Exxon Mobile. In front of a New York Supreme Court justice, she argued that “Exxon Mobile violated the Martin Act by fraudulently mis-accounting for the financial impact of climate change.” She has said she will do everything to jail Trump and filed several suits for his taxes and bank records. She advocated for a change in law to assure that Trump could prosecute anyone she wants even if pardoned by Trump. She is asking the Justice Department to charge Trump, his family, associates, and congressional members with sedition while dismissing any illegality of Democrats and Justice Department members forging a fake document without any substantiation in order to overthrow fa duly elected president in a coup.

L.C Black
L.C Black
1 year ago

A Texas Welcome to the NRA! My family discovered it was a good place in 1837. Been here ever since.

marina
marina
1 year ago

Letitia James is a Soros paid acolyte, she has been persecuting TRUMP and others without complaint from other citizens she is doing it to politically persecute dem enemies.
The leftists are using Twitter and FB to organize themselves they will never get banned because FB and Twitter are Antifa and BLM members.
Twitter and Facebook ARE NOT Private companies they have gone PUBLIC as they are publicly traded.
Mexican President Manuel Lopez Obrador, is also mounting an International Campaign Taking On Tech Companies After Trump Bans.
All this “Conservative” sites should disconnect from Twitter and facebook use something else why anyone is sharing to FB or Twitter they are banning every conservative.

  • Twitter down 15% from $52 to $45, from last week to today, make sure everyone keeps telling everyone else to help this is the war we are fighting..
  • This is the next path forward, first Blocksite twitter and facebook from your internet provider, the state of Idaho internet provider blocked them both, in North Dakota banned users can sue Twitter and Facebook.
  • Use Ramble, GaB instead.
  • Tech bubble is imminent, close twitter, FB, Instagram accounts, dump their stock if own any from your IRA, 401K check your mutual funds that have Twitter or FB included, Twitter down again, dump before they go to zero, stop buying from Amazon, NO more made in the CCP purchases, buy direct from the mom’s and pop’s stores near you, made in America only, don’t wait DO IT TODAY.
marina
marina
1 year ago

James is a So ros pa.id acolyte, she has been persecuting TRUMP and others without complaint from other citizens, she is doing it to pol itically persecute dem ene mies.

The leftists are using Twitter and FB to organize themselves they will never get banned because FB and Twitter are Antifa and BLM members.
Twitter and Facebook ARE NOT Private companies they have gone PUBLIC as they are publicly traded.

Mexican President Manuel Lopez Obrador, is also mounting an International Campaign Taking On Tech Companies After Trump Bans.
All this “Conservative” sites should disconnect from Twitter and facebook use something else why anyone is sharing to FB or Twitter they are banning every conservative.

Twitter down 15% from $52 to $45, from last week to today, make sure everyone keeps telling everyone else to help this is the war we are fighting..
This is the next path forward, first Blocksite twitter and facebook from your internet provider, the state of Idaho internet provider blocked them both, in North Dakota banned users can sue Twitter and Facebook.
Use Ramble, GaB instead.
Tech bubble is imminent, close twitter, FB, Instagram accounts, dump their stock if own any from your IRA, 401K check your mutual funds that have Twitter or FB included, Twitter down again, dump before they go to zero, stop buying from Amazon, NO more made in the CCP purchases, buy direct from the mom’s and pop’s stores near you, made in America only, don’t wait DO IT TODAY.

Nine Island Girl
Nine Island Girl
1 year ago
Reply to  marina

I’m not on any of those social media platforms. But, I agree 100% with your post. We stopped ordering from Amazon. Hopefully our friends abroad can follow suit as well.

Nine Island Girl
Nine Island Girl
1 year ago

Ok MODERATORS, what’s wrong with what I just posted. Take me OFF your watch algorithm.
When you hold my posts, you approve them 2 days later.
RELEASE IT NOW!!!!

Joe
Joe
1 year ago

What took the NRA so long to move. Gotham City ain’t what it used to be with the two incompetent,idiots of dumb and dumber running the place into the ground, Impeach both of these worthless, do=nothing, incompetent, political zeros.

Cowgirl Diva
Cowgirl Diva
1 year ago

LONG LIFE the SECOND AMENDMENT…!! GOD BLESS AMERICA..!!

Eliot
Eliot
1 year ago

NRA – please outsource your leadership

Gerry
Gerry
1 year ago

No doubt about it !!!!

joey t
joey t
1 year ago

texas can seceed

Tractor Man
Tractor Man
1 year ago

As for leadership, I can think of a few Navy Seals that are retired and may enjoy the position to lead the NRA in a bold new organization.

Nicholas
Nicholas
1 year ago

Democrat run states are a disaster because they do not understand mathematics and how businesses run. Vote Democrat and you are committing suicide, vote Republican and you are creating economic freedom and prosperity for those who work hard.

realitybasedbob
realitybasedbob
1 year ago

That Waynester always did seem a little hinky.

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