by Karl Utermohlen | April 16, 2014 5:00 pm
Former New York Mayor Michael Bloomberg is looking to spend a hefty sum to fight the National Rifle Association (NRA).
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.
Want to share your own views on money and politics? Drop us a line at firstname.lastname@example.org 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.
More Gun Control Laws
Source URL: http://investorplace.com/investorpolitics/bloomberg-gun-control-nra/
Short URL: http://investorplace.com/?p=506391
Copyright ©2014 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.