Tuesday, May 19, 2009

The Profitable Nonprofit

Left-wing activists are indignant at obscene oil company profits, hefty CEO bonuses, and sweet golden parachutes -- but what about expansion of the No. 1 violator of human rights in the United States?

No, it's not Dick Cheney and the CIA. It's Planned Parenthood.

The abortion giant took home $85 million in "excess of revenue over expenses" (a nifty way of saying profits) and had an operating budget of over $1 billion for the 2007-2008 fiscal year, according to its latest annual report. Included in that budget was $350 million in "government grants and contracts" (an equally nifty way of saying your tax dollars)... [snip]

The first target should be Obama's executive order rescinding the Mexico City Policy, which had ensured that American taxpayer funds would never be used for overseas abortions. The move didn't get much ink because of the media's preoccupation with a dog, but it stands as an example of both Obama's abortion radicalism and intention, even in a troubled economy, to throw public money at groups that helped him get elected.

Maybe Obama views the abortion industry similarly to AGI -- too big to fail.

[I'm pro-early-choice - but I'm no longer pro Planned Parenthood; it's another taxpayer funded boondoggle that's part of the pervasive liberal indoctrination industry in this country.]

READ MORE

No comments: