Just saw a flash on Fox. Will update momentarily...

Here is the Bloomberg announcement..

https://www.bloomberg.com/news...ankruptcy-protection

This article says it is moving its headquarters from NY to TX. I thought they were headquartered in VA...

https://www.dailymail.co.uk/ne...-New-York-Texas.html

Maybe that's why they've been so quiet the last few months?

Link from Reuters:
https://www.reuters.com/articl...-court-idUSKBN29K2LV

They state that they will reorganize as a Texas non-profit to exit New York

Just saw this on their NRAwebsite.

Filing Chapter 11 and moving HQ to Texas. News on Reuters and Wall Street Journal.

Chapter 11 may have been necessary for them to break whatever contractual obligations they had that kept them shackled to New York. Getting out of there is a good move.

quote:

Originally posted by vthoky:
Maybe that's why they've been so quiet the last few months?

I've wondered about that. Not a peep.

We are going to need them when pedo jo and harris go full retard on guns soon.

quote:

Originally posted by highroundcount:
Were going to need them

Pitter patter, NRA! Get after it.

If they’re in Virginia they need to get out of there too. That’s behind enemy lines.

might be a way to get rid of Wayne as well

quote:

This article says it is moving its headquarters from NY to TX. I thought they were headquartered in VA...

I did too. Driven by the office building with their logo on it with their range and museum many times.

Reuters, Bloomberg, and Daily Mail are all poorly worded articles. The NRA is incorporated in New York and headquartered in Fairfax, VA.

Tons of older businesses were incorporated in New York. Then, the hot ticket was to be incorporated in Deleware. Now, there are a host of issues to navigate on where to incorporate such as formation fees, annual filing fees, taxes, legal system, etc.

Cuomo made someone leave NY? It must be a day that ends in a "Y".

quote:

Originally posted by nhtagmember:
might be a way to get rid of Wayne as well

Hmm. Bankruptcy, contracts...that would be really nice.

I have been a Life Member of the NRA for 57 years and am currently a Benefactor Life Member. Wayne has done some good things for the NRA and I thank him for his efforts. However he has been there a long time and some consideration has to be given to the level of incoming contributions necessary to sustain the organization. If it can't survive economically under four years of a Trump Administration, how can it hope to survive under someone more opposed to the Second Amendment? Most of us support term limits. How many years has Wayne been in his position? When one is a passenger on the Titanic, he should avoid chopping additional holes in the hull. If his leadership cannot raise sufficient funds for the organization to stay solvent he should step aside. He has to be aware that many people have said they will no longer contribute while he is there. I would hope he would do the honorable thing and do it quickly.

I think that if they'd stop sending out the full color glossy ads every other day, they could cut their operating budget in half. That, and unload Wayne. The NRA president doesn't need to be paid more than a monarch.

Someone pointed out to me a long time ago that a candidate who crosses the NRA, doesn't last long. Unfortunately, that seems to no longer be the case.

I remember in 2016 when the debates were on TV, my wife and I watched, and when Clinton made a comment about gun control, I told my wife that Clinton was done. She just lost...no matter what else she says or does. The second amendment barrier, guarded by the NRA, was long a main determining factor.

The NRA has fallen a long way. Leadership has a lot to do with that, as does being eclipsed by some of the other up and coming competitors.

Hopefully reorganization under bankruptcy will restore what was a strong lobby and an important pillar in the shooting community. Time will tell. But Wayne LaPierre has got to go.

I'm sure the enemy will try and make the most of it but I am not that concerned.

quote:

If his leadership cannot raise sufficient funds for the organization to stay solvent he should step aside. He has to be aware that many people have said they will no longer contribute while he is there. I would hope he would do the honorable thing and do it quickly.

The opportunity for him to "do the honorable thing and do it quickly" came and went a long time ago. Whether he's guilty of everything he's accused of or not, his leadership is clearly a liability to the organization, and if he truly cared about gun owners and our second amendment rights more than his own personal gain, he'd have stepped down already. Better late than never, though...if the move to TX is a way to get rid of him, I'm all for it.

I think the NRA does better when there's an anti-2A administration. The antis always overreach. For the last four years, the NRA didn't have much of a rallying cry. They weren't gonna do any better than Trump. Their alarmist article headlines and fundraising pitches didn't move people. I'm pretty sure Joe and the Ho will help the NRA's fundraising like never before. And there are a ton of new gun owners who won't want to give them up, and will turn to the NRA.