An Embarrassment of Riches
March 2008
While most companies have started to feel the squeeze of our sagging economy, business has never been better for Planned Parenthood. Although the organization couldn't be more controversial, its profits have never been higher, according to the group's just-released 2006-07 annual report. For the first time in history, Planned Parenthood has surpassed the $1 billion mark, a milestone made possible by the government's hefty $336 million investment. Despite the rash of bad publicity, Planned Parenthood was entrusted with a $31.4 million raise in taxpayer funds - a 10.8 percent increase in the nonprofit's government revenue. Adding to the financial windfall, Planned Parenthood's clinics performed an extra 24,707 abortions in 2006, six times the number of casualties from the entire Iraq war. All together, its abortion mills put 289,650 unborn babies to death in the year 2006 alone. And let's not forget that Planned Parenthood also makes a tidy sum sowing its wild oats in the next generation of abortion customers. The group sold more than 1,400,000 emergency contraception kits, in many instances making transactions without as much as a medical exam. While the public is increasingly skeptical of Planned Parenthood's operation, it has yet to put a dent in the organization's bottom line. For that, we need your help. The majority of Americans wouldn't invest in a company that conspires in sexual crimes against children, accepts racially-motivated donations, promotes pornography to kids, devotes millions to the election of pro-abortion leaders, and uses unsanitary equipment to treat patients. Unfortunately, through Title X and Medicaid, the federal government is forcing taxpayers to do just that. On our website, www.frc.org, FRC is circulating a petition to the White House, urging President Bush to approve new Title X guidelines that would ensure no federal money goes to refer women for abortions. In addition, the federally subsidized sharing of abortion facilities and birth control clinics must end. If choice is the mantra du jour, then taxpayers deserve one in how their money is spent.
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