Sunday, January 11, 2009

Bernie Madoff, pro-lifer?

Sort of by accident:
Fallout from the exposure of investment manager Bernard Madoff's massive $50 billion Ponzi scheme threw many individuals and charities into financial distress. The fraud has also deprived funding from several pro-abortion rights groups and projects.
The Florida-based Picower Foundation, listed as the 71st-largest in the nation by the Council on Foundations, claimed assets of $1 billion, the New York Times reports. It was forced to close in December due to financial problems with its assets, which were managed by Madoff. . . .
Nancy Goldstein on Wednesday reported that abortion advocacy groups are facing financial shortfalls because of the Picower Foundation's collapse.
"Picower was one of a handful of foundations willing to stick their necks out and significantly fund the three organizations that handle virtually all major reproductive rights-related litigation and legal advocacy in the United States," the pro-abortion rights Goldstein wrote. "Now the Center for Reproductive Rights needs to make up a $600,000 shortage in 2009; Planned Parenthood is out $484,000; the ACLU's Reproductive Freedom Project is off $200,000."
Michelle Malkin sees a silver lining, not only caused by Madoff but also by the economic downturn: Planned Parenthood is laying off 20% of its staff.

1 comment:

  1. I bet he's pro life after he judged how many people want him dead.

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