Planned Parenthood Profit

The American Spectator is speaking the truth – again.

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). An increase in the number of abortions performed helped fuel the profits.

The new numbers come on the heels of a spat of stories suggesting that recessionary times are contributing to a spike in abortions.

Read the rest http://spectator.org/archives/2009/04/27/the-profitable-nonprofit

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