This article from the American Spectator provides the answer.
Excerpt:
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). An increase in the number of abortions performed helped fuel the profits.
Should government money be going to special interest groups that helped Obama to get elected?
Uncle Sam helps, too. The federal government has morphed into Planned Parenthood’s sugar daddy, and the co-dependency is only going to get worse in the age of Obama. Fully one-third of the organization’s revenue last year came from the government, compared with less than one-fourth from private contributions. If Planned Parenthood can’t get your money voluntarily, its advocates in Congress will coercively.
That’s why limited government advocates have a stake in the pro-life cause. On April 15, over one million Americans flocked to state capitals, public parks, and town halls to protest runaway government spending — and rightly so. Although most of the movement’s furor was directed at bailouts and stimulus packages, government’s love tryst with the abortion lobby should be exhibit A in the tea partiers’ future arsenal.
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 the economic crisis, 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.
Yet another reason why fiscal conservatives should be social conservatives.
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Filed under: Commentary, Abortion, Budget, City, Economics, Economy, Giant, Government, Lobby, Mexico, Money, Obama, Parenthood, Planned, Policy, Profit, Public, Revenue, Small, Spending, Subsidies, Subsidize, Subsidy, Tax
[...] HOW MUCH PROFIT does the non-profit Planned Parenthood make? …. [...]
[...] services. How much? To the tune of $3,000,000! Shouldn’t bee too much to pay for the $1 billion-a-year company that reports profits of $85 million from killing pre-born [...]
I found this article to be so informative I decided to post it on facebook. Imagine my surprise when I found it blocked as “abusive”. I have reported it to facebook my self, and we will see what their response is. I dont hold out much hope.
I just tried to post this as well. I also contacted Facebook. Imagine, blocking something just because it reveals the truth about a corrupt organization.
@Cheryl
If you go to the direct site on American Spectator, you can share it. ;)
[...] saying your tax dollars). An increase in the number of abortions performed helped fuel the profits. http://winteryknight.wordpress.com/2…renthood-make/ __________________ Unfortunately, many Republicans have spent so much time in the hallways of [...]