Is The NRA Financially Bleeding Out? | Talking Points Memo

TPM Article Topics
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A recently filed financial audit shows that in 2018, the year before it plunged into turmoil, the National Rifle Association managed to slow the financial bleeding it saw during the previous year.

This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1245205
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Pop 'em a few more times. Be very sure.

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Is The NRA Financially Bleeding Out?

We can all certainly hope so!

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So is Ackerman McQueen looking like a money-laundering operation and maybe they’re afraid of what they’ve done?

Not completely sure about this…

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I suppose we should’ve seen this coming. It’s a) run by republicans and b) democrats aren’t going to swoop in and save it. It had to fail eventually.

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“The cash came in up front, but they took on a bigger obligation,” Mittendorf said. “They may have gotten new revenues, but some of that is illusory.”

So they are in Ponzi scheme-adjacent territory, got it.

How about we just skip to the end of the story where it gets shut down, the leadership faces indictment for fraud, and it’s vendors take a haircut from the inevitable bankruptcy.

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“…an attempted leadership coup in April 2019 staged by Iran-Contra star Oliver North.”

Wayne LaPierre (hoisting wad of $100 bills): “You’ll have to pry it from my COLD, DEAD HANDS!!!”

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Is The NRA Financially Bleeding Out?

TPM’s ‘definitive’ answer–
‘‘It’s difficult to know at this point whether the ongoing turmoil is having any further effects on the group’s finances.’’

mmm, 'k.

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Is The NRA Financially Bleeding Out?

710

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One can only hope to have faith in a circular firing squad…

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As an old medic I will volunteer to place a tourniquet around their neck.

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And the saddest part - the more money the members send to the NRA, the less they have to spend on guns and ammo.

It’s a damn shame.

Send more money.

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Nah. The kids just eat a bit less.

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the kids need to get a job

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Maybe they can sell guns door-to-door?

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Nurse! The Schadenfreude monitor’s gone off again in room302.

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Sounds like a good way to get shot.

Only way to know for sure is to try.

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That’s the spirit! Carry on, children.

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“Russia, if you’re listening – we need a bigger allowance!”

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Bill Brewer’s business model is billing the shit out of wealthy clients until they run out of money to pay him, so his continued service as outside counsel to the NRA is a good sign.

https://www.thetrace.org/2019/07/william-brewer-nra-lawyer-finances/

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