Sounds like the same inept government oversight that watched Freddie and
Fannie...


=============================================

http://www.washingtontimes.com/news/2010/jun/18/planned-parenthoods-
missing-millions/


DILLER: Planned Parenthood's missing millions
New GAO report reveals disturbing financial discrepancies
By Rita Diller
6:31 p.m., Friday, June 18, 2010
Chart: Where is Planned Parenthood's funding going?PrintEmailView 
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A new report from the U.S. Government Accountability Office (GAO) on 
federal tax money funneled into Planned Parenthood and similar 
organizations raises more questions than it answers about the nation's 
largest abortion chain.

Planned Parenthood Federation of America's (PPFA) audits show the 
organization spent just $657.1 million between 2002 and 2008 from 
federal government grants and programs, but the abortion behemoth's own 
annual reports show that it took in $2.3 billion from government grants 
and programs during the same time period.

That's not pocket change. Why the discrepancy?

The report (the first of its kind since 2002) was released in response 
to a request from 31 U.S. senators and representatives and in an 
atmosphere increasingly hostile to abortion. Not surprisingly. then, its 
findings are fueling an escalating outcry to defund Planned Parenthood.

Since 2009, at least five nationwide polls have confirmed that a 
majority of Americans consider themselves pro-life.

Someone, then, needs to explain to all those people why $2.3 billion in 
tax dollars have been doled out to an organization that admits to 
systematically having killed more than 1.8 million pre-born babies 
between 2002 and 2008 and then reports it only spent $657.1 million in 
federal dollars.

Has Planned Parenthood managed to tuck away megamillions of our tax 
dollars, seemingly unnoticed? Or is that much of its government funding 
coming from sources other than the federal government? Or is there a 
problem with the way Planned Parenthood is reporting its expenditure of 
our federal monies?

In just two weeks, Planned Parenthood will complete its 2009-10 fiscal 
year. Yet it still has not released its annual report for its 2008-09 
fiscal year. In light of the discrepancy revealed in this GAO report, we 
must ask: What is Planned Parenthood trying to keep secret?

It's time for Planned Parenthood to come clean - if such a thing is 
possible.

Yes, Planned Parenthood has other sources of government funding - state 
and local - but historical data indicate it is simply not believable 
that such a large amount of its funding is from local and state sources

GAO reports for prior years show that from 1997 through 2001, PPFA 
expenditures of federal money accounted for an average of 72 percent of 
its government income.

Yet this new report shows PPFA expenditures of federal money making up 
an average of just 32 percent of its government income from 2002 through 
2008.

Planned Parenthood's abortion business has increased year after year in 
lock step with its increasing government funding, as evidenced by the 
included chart.

Obviously, every penny Planned Parenthood receives feeds its abortion 
business in one way or another.

For instance, Title X money is not to be used for abortions. However, 
according to Abby Johnson, former director of Planned Parenthood's 
abortion center in Bryan/College Station, Texas, it is used to gain the 
trust of women in minority neighborhoods in order to bring them into 
Planned Parenthood facilities, supposedly for health care, and then 
persuade them to become Planned Parenthood birth-control clients. Then, 
when the birth control fails, the organization has a built-in minority 
clientele for abortion, which Ms. Johnson says is Planned Parenthood's 
big cash cow.

Planned Parenthood affiliates continue to build huge abortion 
megacenters in minority neighborhoods in an attempt to polish its image 
and gear up for the veritable tsunami of clients that will be headed its 
way under President Obama's health care plan, which earmarks $11 billion 
for community health centers.

Is there no end to the amount of our hard-earned tax dollars that will 
be poured down the bottomless pit known as Planned Parenthood to quench 
this social-engineering agency's thirst for sexualizing our children, 
stealing their souls and dumping the mutilated bodies of our children's 
children into our nation's waste bins?

On May 14, Gallup produced its third consecutive poll showing that most 
Americans identify themselves as pro-life. It is unthinkable that 
American citizens continue to be forced to fund, by the sweat of their 
brows, the organization that commits one-third of our nation's 
abortions.

American Life League stands with pro-life legislators and hundreds of 
thousands of grass-roots organizations and activists in calling for 
accountability for the money Planned Parenthood has received from the 
federal government and in demanding the immediate defunding of Planned 
Parenthood.

CMPQwk 1.42-21 9999 
Nancy Pelosi says birth control will help the economy .....

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