Planned Parenthood takes a financial hit
That billion-dollar abortion business, Planned Parenthood, is apparently feeling the effects of some financial crises.
It couldn't happen to a more deserving group.
According to Steve Ertelt over at Lifenews.com, the Madoff fundraising scandal, along with the recession, has led the Planned Parenthood Federation of America to lay off 20 percent of its staff.
I wonder if that will result in saved babies? (I can only pray.)
Lifenews.com says PP, which does 25 percent of all abortions in the United States annually, laid off about 30 people this week.
The Madoff scandal is apparently part of the problem, reducing Planned Parenthood's income.
The article notes that The Florida-based Picower Foundation shut down in December because Bernard Madoff had mismanaged its assets. The foundation was worth $1 billion and was a major financial backers of pro-abortion groups.
Since 1999, the foundation reportedly doled out the following amounts to various abortion groups: $3.2 million to NARAL; $2.5 million for the Center for Reproductive Rights; $2.4 million for Planned Parenthood; $625,000 for the Center for Reproductive Law and Policy.
While this is nice - maybe those laid off people will see the light and this will lead to their salvation! - I fear the pro-abortion Obama administration will soon be directing lots of loot Planned Parenthood's way.
At taxpayer's expense - financially, and morally.
It couldn't happen to a more deserving group.
According to Steve Ertelt over at Lifenews.com, the Madoff fundraising scandal, along with the recession, has led the Planned Parenthood Federation of America to lay off 20 percent of its staff.
I wonder if that will result in saved babies? (I can only pray.)
Lifenews.com says PP, which does 25 percent of all abortions in the United States annually, laid off about 30 people this week.
The Madoff scandal is apparently part of the problem, reducing Planned Parenthood's income.
The article notes that The Florida-based Picower Foundation shut down in December because Bernard Madoff had mismanaged its assets. The foundation was worth $1 billion and was a major financial backers of pro-abortion groups.
Since 1999, the foundation reportedly doled out the following amounts to various abortion groups: $3.2 million to NARAL; $2.5 million for the Center for Reproductive Rights; $2.4 million for Planned Parenthood; $625,000 for the Center for Reproductive Law and Policy.
While this is nice - maybe those laid off people will see the light and this will lead to their salvation! - I fear the pro-abortion Obama administration will soon be directing lots of loot Planned Parenthood's way.
At taxpayer's expense - financially, and morally.
Labels: Planned Parenthood
posted by A Secular Franciscan | 7:02 PM
4 Comments:
The cartoon came from http://veritatisthecartoon.blogspot.com/
Check it out.
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I know here in Rochester the 40 Days for Life Campaign prayed outside the local PP headquarters and abortion mill for healing and conversion of the women and men, and the the staff. We will do so again come February. I believe in the power of prayer!
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