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<blockquote data-quote="moreluck" data-source="post: 956240" data-attributes="member: 1246"><p>"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."</p><p></p><p></p><p>The American Spectator : The Profitable Nonprofit</p><p></p><p></p><p>Regardless, Obama shouldn't just pick companies he doesn't like or ones that don't support his agenda. What are some of the other things that get subsidies that make a great profit? Stop giving money to them all, not just one segment.</p><p></p><p>3 M is subsidized</p><p>Municipal utilities companies?</p><p>GE & Apple get manufacturing tax credits (Apple makes a little profit!!)</p><p></p><p>Even back in '97 , Rudy in New York was giving Reuters a $25 million tax break there.</p><p></p><p></p><p>"Able to make a huge profit "???? So why do we give them tax payer's money?</p><p></p><p>"The Public Broadcasting Service, also known as PBS is unlike a lot of American broadcasting television services. Despite <u>being able to make a huge profit, they </u>choose to be a non-profit organization, serving Americans day in, day out. In fact, this is not a singular operation as around 354 TV stations throughout the United States have a shared ownership of the service. This being said, the funds all come from one main source, the Corporation for Public Broadcasting."</p></blockquote><p></p>
[QUOTE="moreluck, post: 956240, member: 1246"] "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 American Spectator : The Profitable Nonprofit Regardless, Obama shouldn't just pick companies he doesn't like or ones that don't support his agenda. What are some of the other things that get subsidies that make a great profit? Stop giving money to them all, not just one segment. 3 M is subsidized Municipal utilities companies? GE & Apple get manufacturing tax credits (Apple makes a little profit!!) Even back in '97 , Rudy in New York was giving Reuters a $25 million tax break there. "Able to make a huge profit "???? So why do we give them tax payer's money? "The Public Broadcasting Service, also known as PBS is unlike a lot of American broadcasting television services. Despite [U]being able to make a huge profit, they [/U]choose to be a non-profit organization, serving Americans day in, day out. In fact, this is not a singular operation as around 354 TV stations throughout the United States have a shared ownership of the service. This being said, the funds all come from one main source, the Corporation for Public Broadcasting." [/QUOTE]
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