I haven't been around in a while. I haven't left TFL for good just been busy outside of the US. I know the title is provocative, but I think in this case it is absolutely warranted. I saw this article earlier today and knew that I would have to find a way to log on to TFL...
https://www.npr.org/2020/04/21/8399...-troubles-have-cost-the-organization-100-mill
Long story short, at a NRA board meeting in January one of the members or staff took it upon themselves to record a portion of the board meeting. They happened to catch 'ole Wayne LaP himself saying that the NRA has seen $100 Million in lost revenue attributable to the legal troubles they have encountered in the past couple years on the recording. According to 'ole LaP, that is just lost revenue alone unless he mispoke. The article also highlights some legal expenses incurred by the NRA. Excerpt as follows...
$100 million is not chump change, not even to the NRA. According to the article (which was quite thorough), the NRA raised $412 million in 2018. So this would indicate that the $100 million (using this figure) would basically be a 25% loss in revenue estimated to be because of NRA's legal woes. Using 2018 revenue, however, is overly rosy I'm afraid. Their revenue for 2017 was less (about $370 million) and the increase in 2018 was probably a one time bump because of the Parkland Fl shooting that happened early in that year. So if NRA's typical revenue is lower, that would mean the $100 million loss in revenue is an even greater percentage of their annual receipts.
On top of it all, I logged on today and noticed a very recent thread that many of you probably participated in. It linked to the Guns and Gadgets podcast which highlighted the fact that the NRA just furloughed almost everyone (on top of a reduction of 60 personnel back in early March) right before Easter. That email leaked just a few days ago. On top of it, I bet some furloughed staff probably put 2 and 2 together and realized the NRA may be on decent financial footing still were it not for legal fees and the $100 million in reduced revenue attributable to bad publicity. Either staff or a board member had to have leaked this audio recording. I'll link to Mike38's thread too, but I thought recent fresh off the press little tidbit was worth a separate thread all it's own. No wonder the NRA couldn't be bothered to help organize the recent pro-2A activities pushing back against legislation in Virginia... they're too busy tending the internal dumpster fire that is beyond control at this point. It's time for NRA members to stand together and organize to push for Wayne's removal, or to abandon the NRA and coalesce around another 2A organization.
Link to Mike38's thread...
https://thefiringline.com/forums/showthread.php?t=606578
https://www.npr.org/2020/04/21/8399...-troubles-have-cost-the-organization-100-mill
Long story short, at a NRA board meeting in January one of the members or staff took it upon themselves to record a portion of the board meeting. They happened to catch 'ole Wayne LaP himself saying that the NRA has seen $100 Million in lost revenue attributable to the legal troubles they have encountered in the past couple years on the recording. According to 'ole LaP, that is just lost revenue alone unless he mispoke. The article also highlights some legal expenses incurred by the NRA. Excerpt as follows...
And legal costs remain a heavy burden on the organization: In the ongoing litigation between the NRA and Ackerman McQueen, its former public relations firm, a brief filed by the firm on April 15 indicates its belief that the NRA has paid its outside legal counsel "over $54 million" in the last two years.
$100 million is not chump change, not even to the NRA. According to the article (which was quite thorough), the NRA raised $412 million in 2018. So this would indicate that the $100 million (using this figure) would basically be a 25% loss in revenue estimated to be because of NRA's legal woes. Using 2018 revenue, however, is overly rosy I'm afraid. Their revenue for 2017 was less (about $370 million) and the increase in 2018 was probably a one time bump because of the Parkland Fl shooting that happened early in that year. So if NRA's typical revenue is lower, that would mean the $100 million loss in revenue is an even greater percentage of their annual receipts.
On top of it all, I logged on today and noticed a very recent thread that many of you probably participated in. It linked to the Guns and Gadgets podcast which highlighted the fact that the NRA just furloughed almost everyone (on top of a reduction of 60 personnel back in early March) right before Easter. That email leaked just a few days ago. On top of it, I bet some furloughed staff probably put 2 and 2 together and realized the NRA may be on decent financial footing still were it not for legal fees and the $100 million in reduced revenue attributable to bad publicity. Either staff or a board member had to have leaked this audio recording. I'll link to Mike38's thread too, but I thought recent fresh off the press little tidbit was worth a separate thread all it's own. No wonder the NRA couldn't be bothered to help organize the recent pro-2A activities pushing back against legislation in Virginia... they're too busy tending the internal dumpster fire that is beyond control at this point. It's time for NRA members to stand together and organize to push for Wayne's removal, or to abandon the NRA and coalesce around another 2A organization.
Link to Mike38's thread...
https://thefiringline.com/forums/showthread.php?t=606578
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