Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

If you’ve been waiting for the right time to support our work—that time is now.

Our mission is simple: To inform. To inspire. To ignite change for the common good.

But without the support of our readers, this model does not work and we simply won’t survive. It’s that simple.
We must meet our Mid-Year Campaign goal but we need you now.

Please, support independent journalism today.

Join the small group of generous readers who donate, keeping Common Dreams free for millions of people each year. Without your help, we won’t survive.

NRA Executive Vice President Wayne LaPierre speaks at the NRA-ILA Leadership Forum during the NRA Annual Meeting & Exhibits at the Kay Bailey Hutchison Convention Center on May 4, 2018 in Dallas, Texas. (Photo: Justin Sullivan/Getty Images)

In Desperate Court Filing, NRA Claims It May Soon 'Be Unable to Exist' Due to Financial Troubles

"Money makes the thing go. If you make it untenable or deeply unpopular to associate with the NRA, the money spigot will slowly but surely be turned off."

Jake Johnson

The National Rifle Association (NRA), America's largest gun lobbying organization, said in a recent court filing that it may soon "be unable to exist" in its current form due to crippling financial troubles, including an "inability to obtain insurance" and "other financial services essential to [its] corporate existence."

Obtained and published in full (pdf) by Rolling Stone on Friday, the NRA's court filing blames New York's Democratic Gov. Andrew Cuomo for its purported financial crisis, claiming the state's regulators have damaged the organization with "abuses" and a "blacklisting campaign" that has threatened its ability to function.

"The NRA's inability to obtain insurance in connection with media liability raises risks that are especially acute; if insurers remain afraid to transact with the NRA, there is a substantial risk that NRATV will be forced to cease operating," the court filing reads. In a further blow to its finances, the organization claims it "could be forced to cease circulation of various print publications and magazines."

As Rolling Stone notes, the NRA has been suing New York's financial regulators over the state's supposed "blacklisting" effort since May.

According to Rolling Stone:

The lawsuit presents these financial risks as catastrophic. Without access to routine banking services, the NRA claims, "it will be unable to exist as a not-for-profit or pursue its advocacy mission." The lawsuit accuses New York's government of seeking to "silence one of America's oldest constitutional rights advocates," pleading to the court: "If their abuses are not enjoined, they will soon, substantially, succeed."

The lawsuit stems from actions taken by New York financial regulators to halt the sale of an illegal, NRA-branded insurance policy. The NRA actively marketed "Carry Guard," a policy to reimburse members for legal costs incurred after firing a legal gun. In May, the state of New York found that Carry Guard "unlawfully provided liability insurance to gun owners for certain acts of intentional wrongdoing." The NRA's insurance partners agreed to stop selling the policies and pay a $7 million fine.

Cautioning that the desperate tone of the NRA's plea to the court could be a fundraising tactic—a concern others raised on social media in response to Rolling Stone's reporting—Splinter's Katherine Krueger noted that "it's in the NRA's best interest to paint its financial outlook as dire in court—especially if it can claim that it's a result of aggression by anti-gun Democrats."

"Still, [this case] also provides a blueprint for how to snuff out the NRA once and for all: Money makes the thing go," Krueger argued. "If you make it untenable or deeply unpopular to associate with the NRA, the money spigot will slowly but surely be turned off."


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

"I'm sure this will be all over the corporate media, right?"
That’s what one longtime Common Dreams reader said yesterday after the newsroom reported on new research showing how corporate price gouging surged to a nearly 70-year high in 2021. While major broadcasters, newspapers, and other outlets continue to carry water for their corporate advertisers when they report on issues like inflation, economic inequality, and the climate emergency, our independence empowers us to provide you stories and perspectives that powerful interests don’t want you to have. But this independence is only possible because of support from readers like you. You make the difference. If our support dries up, so will we. Our crucial Mid-Year Campaign is now underway and we are in emergency mode to make sure we raise the necessary funds so that every day we can bring you the stories that corporate, for-profit outlets ignore and neglect. Please, if you can, support Common Dreams today.

 

'A Hate Crime': Oslo Pride Parade Canceled After Deadly Shooting at Gay Bar

A 42-year-old gunman has been charged with terrorism following what Norway's prime minister called a "terrible and deeply shocking attack on innocent people."

Kenny Stancil ·


'We WILL Fight Back': Outrage, Resolve as Protests Erupt Against SCOTUS Abortion Ruling

Demonstrators took to the streets Friday to defiantly denounce the Supreme Court's right-wing supermajority after it rescinded a constitutional right for the first time in U.S. history.

Brett Wilkins ·


80+ US Prosecutors Vow Not to Be Part of Criminalizing Abortion Care

"Criminalizing and prosecuting individuals who seek or provide abortion care makes a mockery of justice," says a joint statement signed by 84 elected attorneys. "Prosecutors should not be part of that."

Kenny Stancil ·


Progressives Rebuke Dem Leadership as Clyburn Dismisses Death of Roe as 'Anticlimactic'

"The gap between the Democratic leadership, and younger progressives on the question of 'How Bad Is It?' is just enormous."

Julia Conley ·


In 10 Key US Senate Races, Here's How Top Candidates Responded to Roe Ruling

While Republicans unanimously welcomed the Supreme Court's rollback of half a century of reproductive rights, one Democrat said "it's just wrong that my granddaughter will have fewer freedoms than my grandmother did."

Brett Wilkins ·

Common Dreams Logo