Anheuser-Busch Heir Quits NRA Over Gun Control Defeat

by Nate Wooley | April 19, 2013 10:51 am

NewLetters Anheuser Busch Heir Quits NRA Over Gun Control Defeat[1]Citing the National Rifle Association’s “distorted values” an heir to the Anheuser-Busch (NYSE:BUD[2]) 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[3].

“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.

More stories about guns:

The opinions contained in this column are solely those of the writer.

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Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2012/11/NewLetters.jpg
  2. BUD: http://studio-5.financialcontent.com/investplace/quote?Symbol=BUD
  3. The Washington Post reports: http://www.washingtonpost.com/blogs/post-politics/wp/2013/04/18/anheiser-busch-heir-leaves-nra-over-gun-bill/
  4. Supreme Court Debating Whether To Hear Case on Public Guns: http://investorplace.com/investorpolitics/supreme-court-debating-whether-to-hear-case-on-public-guns/
  5. Gun Shops Running Short on Ammo: http://investorplace.com/2013/03/gun-shops-running-short-on-ammo/
  6. Gunmakers’ Rally Could Last for Years: http://investorplace.com/2013/03/gunmakers-rally-could-last-for-years/
  7. letters@investorplace.com: mailto:letters@investorplace.com

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