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You are mistaken. sm

Posted By: ex animo on 2008-08-26
In Reply to: I went to check on Memphis to see if planned parenthood had an office there.... - sam

First, it was definitely NOT Planned Parenthood they were talking about. (PP was never even mentioned in the story). Whatever clinic it was, it was where the girl in the story was going to get prenatal care.

As I said, the story was about the very high number of premature births and the subsequent deaths of those premature babies in those poorer areas. You would know that if you'd watched the story instead of just making assumptions and jumping to (incorrect) conclusions.

Second, I made an error in what I wrote in my other post. I wrote this:

>>It showed how the closest clinic is only open during the day (and only 1/2 day on *Sat.*, to cut costs). No evening or weekend hours>>

When I should have written this:

>>It showed how the closest clinic is only open during the day (and only 1/2 day on *FRIDAY,* to cut costs). No evening or weekend hours>>

So that was my mistake and I'm sorry for the confusion. But when you looked up the hours for PP in the greater Memphis area, you should have seen that PP *is* open on the weekend on Saturday. That contradicts your theory so I don't know why you assumed it was Planned Parenthood in the first place.

So there goes your "economics 101" theory that PP restricts access to birth control so they can make money on abortions. So very untrue. Birth control is a huge part of what PP does. Huge. To imply otherwise is ludicrous. Slanderous, really. (Well, actually I guess that would be libelous, wouldn't it?) But I'm sure they're used to such nonsense.

Oh, and I didn't see anything about "cash only" for abortions, and I looked on the PP website for Memphis. All I saw is that the price for any of their services is based on your income and what you can afford. My *guess* is that they would ask for cash for that procedure (if they do) precisely because it is a medical procedure (not interested in debating you on that, BTW) so it's probably the most expensive service they provide, hence it would cause them to lose the most money if they didn't get payment for it. And again, I'm just guessing about that. And of course you've completely ignored all of the other health services they provide for woman because that doesn't fit in with your theory either.

Oh, one other thing. As far as how much money they make, now you're an expert on what it costs to run a PP clinic? Please.

For one thing, I imagine they have to spend a ton on security and cameras, seeing as how they have to worry about being bombed or shot. There is THAT.




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(...which is a "dot-gov" site, incidentally)...

You have fallen into the confusion mentioned here in this quote from the FR website FAQ:

"WHO OWNS THE FEDERAL RESERVE?

The Federal Reserve System is not "owned" by anyone and is NOT a private, profit-making institution. Instead, it is an independent entity WITHIN THE GOVERNMENT, having both public purposes and private aspects.

As the nation's central bank, the Federal Reserve derives its authority from the U.S. Congress. It is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms. However, the Federal Reserve is subject to oversight by Congress, which periodically reviews its activities and can alter its responsibilities by statute. Also, the Federal Reserve must work within the framework of the overall objectives of economic and financial policy established by the government. Therefore, the Federal Reserve can be more accurately described as "independent within the government."

The twelve regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation's central banking system, are organized much like private corporations--possibly leading to some confusion about 'ownership'. For example, the Reserve Banks issue shares of stock to member banks. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. The stock may not be sold, traded, or pledged as security for a loan; dividends are, by law, 6 percent per year.'

__________________

The Fed is independent, but it is not private. I assure you that I had to study the Fed extensively in a graduate course in finance and it is NOT a private entity. Your quote from the Grace Commission is off-point entirely.
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