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For months the media has been forecasting a major economic recession, and yet American taxpayers are still forced to fund this $1.12 billion empire. PRNewswire reports:

“It is absolutely incredible,” said Jim Sedlak, vice president of American Life League, “but the annual report just released by Planned Parenthood Federation of America shows that $114 million of the government funds received by Planned Parenthood were not needed and only increased the abortion giant’s assets.”

Sedlak was referring to the 2006 — 2007 PPFA annual report released late last week. The report shows that PPFA had a total income of $1.02 billion. Of that total, $258.7 million came from donations; $366.9 million came from fees charged customers at its clinics; and a whopping $336.7 million came from the American taxpayer.

The report also showed that PPFA recorded a profit of $114.8 million and increased its total assets to $1.12 billion.

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In which the media suddenly discovers Hillary Clinton is a brazen, bald-faced, so-obvious-you-can-watch-her-nose-grow liar.

CBS was first to see the light. Twice.

Now, via Hot Air, the NAFTA chickens have landed. MSNBC let them into the coop.

As Rush would say, you just can’t make this stuff up, folks.

Quote of the Week

"To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his industry and the fruits acquired by it." -- Thomas Jefferson