Now comes this story from the New York Post, sourced to The Wall Street Journal, reporting the Scouts are considering filing for Chapter 11 bankruptcy. Hat tip to Lucianne.com for the link.
The Boy Scouts of America is mulling declaring bankruptcy amid flagging membership and an avalanche of costly sex abuse allegations.All together now, state the truism: “Get woke, go broke.”
The organization has been fending off lawsuits over alleged abuse, including one filed by four former scouts who called the club a “pedophile magnet” and alleged that they were molested by scoutmaster Waldron Ackerman between 1974 and 1976.
The organization has reportedly lost two-thirds of its members — some 4 million boys — since the 1970s. The Mormon Church, where scout membership was long considered a rite of passage, has yanked 610,000 scouts over the last two years.