NRA in turmoil, gun manufacturers going bankrupt, Thanks Trump

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Leeea

Diamond Member
Apr 3, 2020
3,599
5,340
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I really like a number of the new AR designs. They are nice light rifles, nice trigger pull, easy to be accurate with, and low recoil. The ideal rifle for so many things.

And sadly the ideal rifle for mass shootings. Something has to be done, and banning them would save a lot of lives. That is why I did not buy one, the evitability NRA's stupidity resulting in them being banned.


I wish there was a third way, a way I could responsibly own such a nice rifle while at the same time not having classrooms full of kids being murdered by crazy people. The stupid NRA has gone all black and white on the issue forcing it to the extremes. So it is either no regulation or ban them all. Well yea, if those are the options, ban them. But why could the NRA not gone middle of the road? Magazine capacity limitations (do you really need more then 5 rounds?), or firearms club/militia where fire arms are stored in a central location, and only accessed as part of the club group events. Maybe a special firearms license that is cheaper then say a FFL, but still regulates who can buy/sell firearms with mass murder potential.

But no compromise, no sensible middle road, just hard line stupidity. The AR series will be banned because of the NRAs stupidity, and it did not have to be that way.
 
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Meghan54

Lifer
Oct 18, 2009
11,504
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Original motto of the NRA:

Firearms Safety Education, Marksmanship Training, Shooting for Recreation


Interesting read:

Full of interesting tidbits like this:

In the 1920s, the National Revolver Association, the arm of the NRA responsible for handgun training, proposed regulations later adopted by nine states, requiring a permit to carry a concealed weapon, five years additional prison time if the gun was used in a crime, a ban on gun sales to non-citizens, a one day waiting period between the purchase and receipt of a gun, and that records of gun sales be made available to police.

That's just amazing, isn't it? The NRA used to support and push legislation for what they now proclaim as unconstitutional.
 

Grey_Beard

Golden Member
Sep 23, 2014
1,825
2,007
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So the strategy is to grift in TX and not get sued there?
I mean it makes sense in a way but how does that save them from NY State?

The move cannot. They just a friendlier ear for bankruptcy. The acts happened in NY, so they will prosecute. Bring in TX may limited or help limit liability because of friendlier judges, but this move does nothing to the case the NY is developing.
 

senseamp

Lifer
Feb 5, 2006
35,785
6,187
126
Now that military cosplay and walking around with assault rifles intimidating political opponents is no longer en vogue, I wonder how it will impact gun sales.
 

kage69

Lifer
Jul 17, 2003
26,968
35,584
136
How is Wayne LaPierre still running that circus?

I suppose that's a good thing. A corrupt goon like him staying at the reigns means that treasonous org will continue to spiral downwards.
 
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Dec 10, 2005
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In another development, the US trustee's office that oversees bankruptcy opposes the NRA's attempts and has asked the federal court to dismiss the bankruptcy case:

A U.S. bankruptcy administrator asked a federal judge Monday to dismiss the National Rifle Association’s efforts to declare bankruptcy or appoint a trustee or examiner to oversee the gun rights organization — a setback for the group at the close of a federal court hearing to consider its petition.

The recommendation bolstered the arguments of New York Attorney General Letitia James (D), whose office has fought the NRA’s attempts to relocate from New York to Texas, and came after senior NRA executives acknowledged in court testimony that they received lavish perks.

Linda Lambert, a lawyer with the U.S. trustee’s office — which participates in bankruptcy cases to protect taxpayer interests and enforce bankruptcy laws — told the court that the evidence presented in the hearing showed that the nonprofit organization lacked proper oversight and that personal expenses were masked as business costs.
 

NWRMidnight

Platinum Member
Jun 18, 2001
2,922
2,554
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How will the party of law and order react to this news? :p
They will try to tie it into a political ploy and say it's the deep state democrat's trying to attack your second amendment rights, even though it has zero to do with either.
 

iRONic

Diamond Member
Jan 28, 2006
6,781
2,050
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From the Reuters piece;

"'U.S. Bankruptcy Judge Harlin Hale said the NRA did not file for Chapter 11 in good faith, but instead filed to avoid oversight by New York Attorney General Letitia James and gain an "unfair litigation advantage" over her.

Ruling after a 12-day trial that ended on May 3, Hale said some details that came out about the NRA were "cringeworthy."

He singled out LaPierre for criticism, including the "surreptitious manner" he used to obtain sole authority to put the NRA into bankruptcy in January.
"Excluding so many people from the process of deciding to file for bankruptcy, including the vast majority of the board of directors, the chief financial officer and the general counsel, is nothing less than shocking," Hale wrote.

"The question the court is faced with is whether the existential threat facing the NRA is the type of threat that the Bankruptcy Code is meant to protect against," Hale added. "The court believes it is not."