Soon the only thing they'll own is congress.https://www.nbcnews.com/news/us-news/nra-says-new-york-blacklisting-campaign-driving-it-out-business-n897521
The heart of the National Rifle Association’s mission is to block the government from taking people’s guns.
Now the Second Amendment advocacy group says the government is trying to put it out of business.
The NRA said in a recent court filing that New York state’s campaign to push insurance companies and banks to cut ties with the organization had already cost it “tens of millions of dollars” this year and could ultimately make it “unable to exist as a not-for-profit or pursue its advocacy mission.”
Unless the courts step in and stop New York, “the NRA will suffer irrevocable loss and irreparable harm if it is unable to acquire insurance or other financial services,” the group said in a complaint submitted in federal court on July 20.
Even before the fight with New York, the NRA was struggling financially, reporting a $45 million budget deficit in 2016 tax documents.
The NRA is also at the center of an FBI investigation into an accused Russian spy's efforts to influence American politics.
And yet the NRA appears to remain at the peak of its powers, able to mobilize its millions of members to support state and federal political candidates who share its gun-rights agenda. It spent heavily on President Donald Trump’s 2016 campaign, and now has an avowed supporter in the White House.
But the NRA’s legal arguments make it appear that it is now at the edge of doom.
Its lawsuit accuses New York of a “blacklisting campaign” comprised of “selective prosecution, backroom exhortations, and public threats” that “will imminently deprive the NRA of basic bank-depository services, corporate insurance coverage, and other financial services essential to the NRA’s corporate existence and its advocacy mission.”