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The hostile regulatory environment is far more than the NY AG going after them for fraud. In this most recent investigation, the remedy sought is politically m

by wl 6y ago

The hostile regulatory environment is far more than the NY AG going after them for fraud. In this most recent investigation, the remedy sought is politically motivated. If the AG were interested in protecting and vindicating the wronged donors, a more apt remedy would be to disgorge the ill-gotten gains and remove those responsible from the organization. Instead, the AG is trying to destroy the organization, which probably isn't what the people who donated to the NRA want. There's also the issue of the governor, Andrew Cuomo, trying to use regulatory authority to blackmail financial institutions into not doing business with the NRA. https://subscriptlaw.com/nra-suit-against-ny-and-cuomo-explained-in-an-infographic/ https://subscriptlaw.com/nra-suit-against-ny-and-cuomo-expla...

throw0101a 6y ago
> more apt remedy would be to disgorge the ill-gotten gains and remove those responsible from the organization That's part of the asked-for remedies as well. * PDF: https://ag.ny.gov/sites/default/files/summons_and_complaint_1.pdf https://ag.ny.gov/sites/default/files/summons_and_complaint_... * https://ag.ny.gov/press-release/2020/attorney-general-james-files-lawsuit-dissolve-nra https://ag.ny.gov/press-release/2020/attorney-general-james-... And folks have tried to fix it up: Oliver North (of all people) went after LaPierre to route out corruption and lost. The NY AG is arguing that at this point it is irredeemable and should be nuked from orbit. Whether the court agrees is another matter.
aksss 6y ago
The Biden admin just reversed course[0] on the Fair Access provision in federal banking regs, so now banks are free to deplatform organizations which go against the party line. You thought social media deplatforming was bad.. [0] https://bearingarms.com/cam-e/2021/02/01/biden-admin-fair-access-financial-services/ https://bearingarms.com/cam-e/2021/02/01/biden-admin-fair-ac...

by wl 6y ago

throw0101a 6y ago

> more apt remedy would be to disgorge the ill-gotten gains and remove those responsible from the organization That's part of the asked-for remedies as well. * PDF: https://ag.ny.gov/sites/default/files/summons_and_complaint_1.pdf https://ag.ny.gov/sites/default/files/summons_and_complaint_... * https://ag.ny.gov/press-release/2020/attorney-general-james-files-lawsuit-dissolve-nra https://ag.ny.gov/press-release/2020/attorney-general-james-... And folks have tried to fix it up: Oliver North (of all people) went after LaPierre to route out corruption and lost. The NY AG is arguing that at this point it is irredeemable and should be nuked from orbit. Whether the court agrees is another matter.

aksss 6y ago

The Biden admin just reversed course[0] on the Fair Access provision in federal banking regs, so now banks are free to deplatform organizations which go against the party line. You thought social media deplatforming was bad.. [0] https://bearingarms.com/cam-e/2021/02/01/biden-admin-fair-access-financial-services/ https://bearingarms.com/cam-e/2021/02/01/biden-admin-fair-ac...