Bloomberg Plans to Spend $50M to Gun Control Group to Fight NRA

by Karl Utermohlen | April 16, 2014 5:00 pm

Former New York Mayor Michael Bloomberg is looking to spend a hefty sum to fight[1] the National Rifle Association (NRA).

NewLetters Bloomberg Plans to Spend $50M to Gun Control Group to Fight NRA[2]
Source: mailto:letters@investorplace.com

He is looking to spend $50 million and build a grassroots network in an attempt to pass stricter gun control laws. Mayor Bloomberg wants to create an expanded and more thorough background check system for gun buyers on a state and national level.

He will absorb the funds of the group which will be called Everytown for Gun Safety. The group is an umbrella group of Mayors Against Illegal Guns and Moms Demand Action for Gun Sense in America.

Mayor Bloomberg’s goal is to have one million supporters by the end of the year.

The opinions contained in this column are solely those of the writer.
 
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Endnotes:
  1. to fight: http://www.lohud.com/story/news/politics/2014/04/16/bloomberg-plans-m-gun-control-network/7767527/
  2. [Image]: http://investorplace.com/wp-content/uploads/2012/11/NewLetters.jpg
  3. Piers Morgan Ends Final CNN Show With Gun Control Monologue: http://investorplace.com/2014/03/piers-morgan-gun-control/#.U07uIaiwXRE
  4. Obama Unveils 23 Executive Orders for Gun Control: http://investorplace.com/investorpolitics/obama-unveils-23-executive-orders-for-gun-control/#.U07uIqiwXRE

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