by Nate Wooley | April 19, 2013 10:51 am
Citing the National Rifle Association’s “distorted values” an heir to the Anheuser-Busch (NYSE:BUD) family has quit the organization.
Adolphus Busch IV — who was CEO of Anheuser-Busch when it was sold to InBev in 2008 — is upset with the NRA over the lobbying firm’s efforts to defeat the gun control bill, The Washington Post reports.
“The NRA I see today has undermined the values upon which it was established,” Busch wrote in a letter to the NRA. “Your current strategic focus places a priority on the needs of gun and ammunition manufacturers while disregarding the opinions of your 4 million individual members.”
Busch believes that the current policies of the NRA come as a result of the groups board being dominated by gun and ammunition manufacturers.
The opinions contained in this column are solely those of the writer.
Want to share your own views on money and politics? Drop us a line at email@example.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.
Source URL: http://investorplace.com/investorpolitics/anheuser-busch-heir-quits-nra-over-gun-control-defeat/
Short URL: http://investorplace.com/?p=336915
Copyright ©2014 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.