NRA files for bankruptcy

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The NRA has filed for bankruptcy, a restructuring move the organization says will allow it to leave New York and reincorporate as a Texas nonprofit

New York The National Rifle Association of America, the nation's foremost gun lobby, has filed for voluntary bankruptcy in Texas, the organization said Friday.

The group said it plans to leave New York and reincorporate as a Texas nonprofit, in an move it is calling"Project Freedom." The NRA said it's in its"strongest financial condition in years," but the restructuring will help to"streamline costs and expenses."The Chapter 11 announcement follows leadership shakeups and allegations of financial mismanagement at the NRA in recent years.

 

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Time's up. Texas is a good HQ center🤣🤣

Maybe they should hire trump.

You guys made it that easy to walk into the White House what makes you think no other country will make it easier we are USA you guys are making us all look bad

Most people who own guns have a couple or more, know how to clean them and practice zeroT. I’m sure the NRA could locate anywhere. If your planning to copy Nozi tactics and iligalize them, remember we have all read the agenda 21 pamphlet .gun sale went up the year that was public

Moral or financial

JensRas77511670 Shit, jeg troede de lukkede ned mere permanent.

Texas doesn’t want you

TUOMEHTETOV Liquidate their assets.

Great news. 'Thoughts & Prayers' NRA MF. 🖕

Smart move. Should’ve happened years ago

Nonprofit? Lol

They can then bribe the TX AG and do anything they want

Cold dead whatever.

Think by leaving no arrest or convictions

Guess the NRA needs another Black POTUS to help them boost them gun sales..😂😂

🏃‍♂️

It’s about time! We must dismantle this organization!

So now they're financially bankrupt in addition to being morally bankrupt?

Well they more are a super pac that supports republicans then a actual education on him ownership and safety now.

Need permission from the Court a-hole. All that 'business' about self dealing and poor management wont inspire a lot of confidence about the non-profit status of your organization.

They have been mentally and morally bankrupt always

HerodiasDiana We quit the NRA 20 years ago when it became apparent they were nothing but money grabbers. Then they graduated to supporting killing school children and Wayne needed 200,000 dollar suits. Btw. U only get 2 shells to hunt ducks— kids, hey load up that magazine

Why are we going to continue to let wealthy people continue to operate tax free?

Nonprofit?

Yes. Best idea ever

We spent all their dues

Just a ruse before being shut down by biden

Thank god i got my concealed carry before you pussies could take it from me

How can the NRA be a non-profit

A non frigging profit ? When you embezzled the money I don't think there was any left... No shame

The way to avoid being taxed, nonprofits. Smh

Good riddance! Guns are made to kill and it sure didn’t disappoint it’s mission! Killing with guns is synonymous to abortion. A person is dead.

Great!

Talk about shooting yourself in the foot.

Was Trump running it?

Good news. enough of gun violence in USA

Shut them down for good! Non-Profit just mean secret ways to still make money

They are taking more deadly wrapons to Texas? The same state that attempted to run Biden bus off the road?

Some Texans don’t want you. Go somewhere else like the Midwest.

Smart move. Hang on NRA.

I quit them. They are a scam The nra that is

If Texas allows this, they will get what they deserve.

Good time for a judge to rule that this financial ploy is not acceptable and disallow incorporation in another state. Good riddance NRA

How do they screw that up? Isn’t now a really popular time for gun freaks?

Love America but don't like the social safety net? Bleed Red White & Blue but dont wanna pay taxes? Wanna act like a pre-pubescent child, wear a big goofy hat, carry guns and send your kids to school next to a refinery? THEN TEXAS IS FOR YOU, PARD'NER!

Couldn’t have happened to a better organization. This group is horrifically corrupt. Legitimate firearms owners depend on this group to guide them on all things guns, and instead they get a politically fueled sales rag.

Texas encourages it

I have been an NRA member since I was a very young. Just maybe if these people didn’t take big bonuses of our hard earned money that we send to the NRA we wouldn’t be in bankruptcy. Seems to be greed and mismanagement.

So... corruption is easier in Texas?

There’s a good reason to allow Texas to secede.

NRA needs to get out of NY and stop feeding Cuomo’s tax racket.

Lapeeintheair a weaseling grifter, imagine that!

It’s fucking New York. What do you expect from a state spiraling out of control. “Protestors” burning and looting their favorite stores, infested rats taking over Manhattan, large businesses leaving in droves for Texas, taxes so damn high.

If course they wanna go to Texas. And then saying it’s “non profit” is the biggest joke I’ve heard this week.

That's funny I thought New York was kicking them out.

Texas doesn't want people like him.

Always morally bankrupt, now pretending to be financially bankrupt to try to avoid the consequences of their illegal actions.

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They spend to much money buying off politicians 😁

trump_enemy Wondering how much $$$$$ in PPP did WayneLaPierre & the NRA score w/ the help of Mnuchin & co? CorruptToTheCore NRABankruptcy

😂😂😂the NRA is not broke.

Doubt we'll see true accountability but a nice mood lifter nonetheless... Wonder how many decent, honest companies have gone to the wall with 'restructure' never being on the drop down list?

It needs to get out of sinking NY

Best move ever 🤷‍♂️ They can’t operate under those taxes and state tyranny. 2A

Bust them and close them down - their policies are disgusting encouraging lunatics to own guns - mass shootings are their legacy.

So this morally and financially bankrupt organisation, which tied its coat tails to Trump and other right wing organisations, has finally exposed itself and shown that greed and not the 1st Amendment is it's TRUE path.

When you advocate for weapons in every pocket of Society, this is what happens. Sleeping well tonight.

Happy happy days.

i think the great state of texas will be the bastion of insurrection soon. hey texas , americas team the cowboys suk

Good get out of Crazy New York

Son of a gun, that is fine news!

Russia cut them off

I say it all the time: it amazes me that the progressives hate the NRA so much. They are just as anti gun. They are part of the reason there are over 22,000 gun laws in the books. They compromise too much thinking Democrats will keep their word

No bailout from Putin?

Here goes the gun grab

Not good!

Bunch of crooks anyway

Bankwupt 🥴

It’s just simply easier 2 be corrupt and crooked in Texas.

Outstanding. Just call Trump..

Hope they’ll remain bankrupt forever! What will happen to their HQ here in va, I wonder !

I knew there was an angle. Another reason to make money for a bunch of fraudsters! Change my mind

OakBeachInn OBI GetOutOfNewYorkBeforeItsTooLate

Very smart move .

Sure.

Driven out of NY, just like everyone else.

I think NRA reforming in TX is a strategic move for them. Not good for Americans. Why Texas?

Dang. So much for my nation hunting license.

So the NRA has filed for bankruptcy. That should lead to FIRING. Will its board be TARGETED?

thoughts and prayers

It amazes me nobody remembers the back story. Last August NewYork stripped nonprofit status because of money shenanigans. They were further refused to move to Texas then. So this is a plain phony bankruptcy so they can make the move.

If they file bankruptcy, they shouldn't be allowed to buy Republicans any more.

That dude looks straight up white supeemacist

Ah, Texas. That makes sense.

How can they be a nonprofit? They are nothing more than an ad agency for gun traffickers.

Send him to Russia the creep

All your guns will be confiscated shortly anyways...Agenda 21 is unfolding as planned! say good-bye to your way of life and welcome to Globalism!!

My thoughts and prayers are with then.....NOT...lol

Good riddance. Enjoy Texas.

Moral, Financial or both?

Close NRA it is an instrument of destruction rather than preservation of life. It kills!

They should not be able to file for bankruptcy or be a not for profit. Shut it down!

11 thoughts and 11 prayers.

You really fucked that up Wayne! Nice job!

Don’t. Tease. Me.

Nonprofit again, huh? Yeah, ok.

what's their motto, 'WE PUT THE BULLET IN YOU.'

NRA outlived it’s social viability when it opposed the banning of cop killer bullets decades ago.

Gawd, they’re coming to Texas. I really have to move to another state. Texas is never turning blue.

Heck, I'd contribute to their reorg if NRA would just say five words: Joe Biden won the election.

We don’t want the NRA in Texas. 🤢🤮

NO NEWS COVERAGE FOR TRUMPS DEPARTURE !!!!

Time's are a Changing

I guess with schools out they just don’t have the business.

The sweetest part of this is if any lingering racist investors were to dumb to heed the warnings in 2018 they will lose their money. 😁😁😁

Slime balls!

Lol this is the biggest scam ever

You’re not WANTED in Texas Jack!

Yes...more guns in Texas

This life is a big exam, Evil + Not repent = miserable Whether it is this life or eternity. Should not betray the United States! Don't sell your soul!Choose justice!🙏🙏🙏

Why are they allowed to be a nonprofit ANYWHERE?

Failed leadership? Bankruptcy? How tRumplike!

This is concerning since they filed before the 50 state riot fest. 🤨

'nonprofit'

Another scam organization skirting taxes!

Thoughts and prayers

They shouldn't have ever existed!! They said NOTHING about unarmed Black people being murdered by cops and Domestic White Terrorists with guns!

Thoughts and prayers.🙄🙄🙄

Nonprofit?

Is there any accounting of what percent of Members of NRA are Trump supporters?

Lmfaoooo

So, Trump is being eliminated in New York, and suddenly the NRA is bankrupt... I think 'corrupt' is a better word here.

I wish they’d just go away!

ArtDecider

Nra as corrupt an organization as america has ever seen

Texas...smh

I guarantee their leadership took all the money that was left after spending the rest on the worst president in American history.

How in the world do they then have the money to sponsor the NASCAR Bristol night race and a car? I refuse to watch that race although I love the action. Seeing 45 at last year’s Daytona repulsed me. At least it rained to clear the track.

F*ck them. The Second Amendment doesn’t need the NRA to survive.

If that’s what it takes to get out of New York, go for it.....

God punish the NRA

Total bullshit. Just block them from being any entity, their poitical payouts and exec bonuses are probabably more than alabamas gdp.

Why is non profit filing for bankruptcy? Am I misunderstanding nonprofit the whole time?

They need to be checked out to see if they assisted...

Well they did steal 62 million dollars from it's club members. See even guns can't protect you from theft

Tax evasion. This guy must be a very wealthy person

Sweet karma

Enough of all these assholes coming to Texas for profit because of our way of looking at things.

For good reason. They hit the nail on the head.

Doesn't get you out of the investigation

I thought they’re the most power lobby in USA..!!

To Texas where a lot of things are friendlier!

Criminals! They even say they are financially sound. This is NOT what BK court is about!

Can someone explain to me what makes a Gun Club eligible for non-profit status? That seems very suspicious.

So they can do this without consequence to avoid debt, yet people lose their minds over student loan forgiveness.

Explain this to me..

Good may they disappear forever. They have tons of blood on their hands. They are why 1/6/2021 could happen. Reagan, HW, Heston, W, and NRA are all responsible for 1/6. Without all that semi- and to auto converted firepower being legalized, they would have had to rob armories.

AndrewJenks I’d love to know what you think bout this! GangsterCapitalism

“So sick and tired of winning” Impeached twice now this

Haha

Hide

Non profit my ass. If they are charging membership fees, then they should be paying taxes.

Thoughts and prayers

Non-Profit huh....this is wrong

Wayne LaPierre got rich.

No .use their memberships to pay their bill no free pass.guns and bullets sales at a all time high

Any bets on tRumpy being made President. Of the NRA? 🤷‍♂️

🙄 My, thoughts and prayers. 😉

Oh, that’s not suspicious AT ALL. 🙄

They need to go to hell!!!

Good we don't want them here. Gtfo

I hope they lose every penny. Texas has enough problems with Republicans running the state. We don’t need the NRA!

Then next, one of these crazy days, Texas State will want out of the Union

Score one for 2021.

Ah...HAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!

murderers

I don't blame the NRA for wanting to move out of New York. I know a lot of New Yorkers that ditched it many years ago!

Stay away from my Texas

Smart

New York, many large and not so large (Yeti) companies have been attempting to kill the NRA for years.

I guess their Russian money tree has dried up.

a non profit that promotes killing children nra - only in America

This is a criminal organization responsible for the death and murders of innocent people as a result of the proliferation of guns in America. They should be investigated, prosecuted to the fullest extent of the law.

LOL, LOL, OMG, best news today!

Maybe the fraud had something to do with it also

Oh well. Sending thoughts and prayers. See if that helps 👍

Yup. She’ll game. F-over creditors to try and stay out of jail.

Not surprising, everybody is trying to leave New York

'Restructuring'....? More protecting an ass or two and moving to a more benevolent environment.

There is nothing non-profit about the NRA.

Lol Trump bankrupted you huh?

Oh, great! Another black eye for Texas, along with the likes of Ted Cruz! Puleeeze, NRA, go someplace else!!!

Trumps out, they know taxes are coming their way, so a 'nonprofit' organization will not be taxed as much, how predictable .. How do people in america not see that they're being cheated ? A nonprofit organization that makes machines for killing.

They should think about all the shootings that killed many including children at sandy hook. Maybe more mob in Texas then NY.

Bastards

Great that's all America needs more guns in the hands of morons the NRA needs to disband and fuck off every child killed by gun violance is their fault for the lack of understanding kids are curious there is no such thing as gun safety when guns kill kids

NRA - so pre 2020. Yawn. Boring.

Good for them!!

Hmmm. Now they are financially bankrupt as well as morally.

Thanks to Trump

Time to rescind the Second Amendment. Gun ownership should not be right. It should be a privilege.

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