Tag Archives: New York

NRA files for bankruptcy

With all the support from people in the United States of America as well as globally, it’s hard to believe the National Rifle Association (NRA) of America could be short of a bob or two. People were shocked to subsequently learn earlier this year that the NRA was filing for bankruptcy. The unusual move was criticised by many opposers of the NRA and members alike, for the sinister undertones of the action. Filing for bankruptcy has brought into question the finances of the NRA, and spending habits of its Executive Vice President (EVP) and organisation frontman Wayne LaPierre

The National Rifle Association is America’s self proclaimed “foremost defender of Second Amendment rights”, according to their web page. It is an organisation for Americans who believe it is their right to hold a firearm. It is estimated roughly a third of the American public own a gun, with gun violence seen as continually on the rise in the states. Between 1968 and 2011, over 1.4 million people died from firearms in the U.S., a shocking statistic that makes it clear why some people are so opposed to the law. Gun statistics show gun violence as more prevalent in lower income communities, where police interventions are also high as a result. Statistics for gun crime and death via firearm in comparable countries such as the United Kingdom and Australia are disturbingly low and in jarring juxtaposition with the US. 

The bankruptcy move from the NRA has reached a bump in the road however, as plans to move the organisation’s registration from New York to Texas has gone sour. In a recent twist of events, a Federal Judge has rebuked the NRA’s attempt to relocate to Texas, seemingly to avoid a lawsuit from the New York attorney general. Only time will tell what will happen next for the organisation in this tumultuous period.