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re: Hobby Lobby's Retirement Plan Invests in Contraception Manufacturers

Posted on 4/1/14 at 5:46 pm to
Posted by Mo Jeaux
Member since Aug 2008
59018 posts
Posted on 4/1/14 at 5:46 pm to
quote:

You don't understand the irony


I don't. Explain it to me.
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 4/1/14 at 5:48 pm to
quote:

They also continue offering hobby supplies in a country that.... allows abortions. They probably even sell them to people that have had an abortion.


YOU SHUT YOUR DICK HOLSTER!

Those are Christians...and, they cannot ever commingle in any way with that kinda falderall and shenanigans.

Posted by Gray Tiger
Prairieville, LA
Member since Jan 2004
36512 posts
Posted on 4/1/14 at 5:48 pm to
quote:

PuntBamaPunt


You aren't really this dumb are you?

This is an April Fool's Day prank, right?
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 4/1/14 at 5:54 pm to
No one here has heard of moral investment advisors or mutual funds? It's not contradictory that the owners care enough to take on the Fed Gov but not enough to seek out investment funds that adhere to their apparently very strict moral code?
This post was edited on 4/1/14 at 5:55 pm
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 4/1/14 at 5:55 pm to
quote:

It's not contradictory that the owners care enough to take on the Fed Gov but not enough to seek out investment funds that adhere to their apparently very strict moral code?


NOPE!

Not in the least
Posted by FT
REDACTED
Member since Oct 2003
26925 posts
Posted on 4/1/14 at 5:57 pm to
I don't find it hypocritical at all. It might be if they continue using the same funds.
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 4/1/14 at 5:58 pm to
quote:

It might be if they continue using the same funds


Even THAT is a stretch.



I see a huge difference in mutual fund investing and the Fed Gov FORCING you to provide anything.


I think this is silliness
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 4/1/14 at 5:59 pm to
quote:

NOPE!

Not in the least


You are against contraception but invest and profit from contraception...hmmm.

Posted by KosmoCramer
Member since Dec 2007
76547 posts
Posted on 4/1/14 at 6:00 pm to
Not only is the mutual fund a stretch but look at these companies:

quote:

These companies include Teva Pharmaceutical Industries, which makes Plan B and ParaGard, a copper IUD, and Actavis, which makes a generic version of Plan B and distributes Ella. Other holdings in the mutual funds selected by Hobby Lobby include Pfizer, the maker of Cytotec and Prostin E2, which are used to induce abortions; Bayer, which manufactures the hormonal IUDs Skyla and Mirena; AstraZeneca, which has an Indian subsidiary that manufactures Prostodin, Cerviprime, and Partocin, three drugs commonly used in abortions; and Forest Laboratories, which makes Cervidil, a drug used to induce abortions. Several funds in the Hobby Lobby retirement plan also invested in Aetna and Humana, two health insurance companies that cover surgical abortions, abortion drugs, and emergency contraception in many of the health care policies they sell.



I don't know much about the first two, but Pfizer, Aetna and Humana, gimme a break.

Including insurance companies that then offer packages to sell birth control?

That's like 3 to 4 degrees of separation.


Posted by cwill
Member since Jan 2005
54753 posts
Posted on 4/1/14 at 6:00 pm to
quote:

I see a huge difference in mutual fund investing and the Fed Gov FORCING you to provide anything.


I'm against the Fed Gov force, too, but only because I think it is a violation of my freedom not on some religious belief that I only believe in when it's convenient.
Posted by FT
REDACTED
Member since Oct 2003
26925 posts
Posted on 4/1/14 at 6:01 pm to
Well, they're not being forced to invest that way. They're choosing to. That's where I can see some hypocrisy.

If it's just coming to their attention, there are about a zillion ways you can invest. Move to a new fund.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 4/1/14 at 6:02 pm to
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 4/1/14 at 6:03 pm to
quote:

You are against contraception but invest and profit from contraception...hmmm.


You are against paying for your employee's contraception but invest and profit from contraception.


And, stop acting as if the contraception play was specifically selected and a major part.

You guys are reaching. It is silliness
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 4/1/14 at 6:26 pm to
quote:

It might be if they continue using the same funds


Even THAT is a stretch.



I see a huge difference in mutual fund investing and the Fed Gov FORCING you to provide anything.


I think this is silliness


yes, there is a difference one is a cost and one is income.

It would be quite easy for hobby lobby to avoid these investments if they really cared about the topic. They don't. They care about making a point.

Its just political grandstanding on their part, and well this article too.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 4/1/14 at 6:28 pm to
quote:

If it's just coming to their attention, there are about a zillion ways you can invest.

You would think if this was important to them, they would think about it ahead of time.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/1/14 at 6:29 pm to
Liberals are so fricking stupid
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 4/1/14 at 6:33 pm to
Technically, health insurance is also a 3rd party financial instrument.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 4/1/14 at 6:35 pm to
quote:

And, stop acting as if the contraception play was specifically selected and a major part.


Major part of what? Their challenge? That is the very basis of it.

quote:

ou are against paying for your employee's contraception for religious reasons but invest and profit from contraception with no regard for your religious beliefs.


FIFY
Posted by Gray Tiger
Prairieville, LA
Member since Jan 2004
36512 posts
Posted on 4/1/14 at 6:38 pm to
I'm guessing that you people are as dumb as you pretend when it comes to pension fund investing.

Many companies keep an "hands off" relationship when it comes to their pension plans. They hire someone else to do the investing and plan management for them.
I know many insurance companies that hire other companies to manage their pension funds to eliminate the possibly of any conflict of interest charges. These companies could well manage their own funds; they do it for other entities. It's a big financial world out there folks. Learn more about it before you get your collective panties in a wad.
This post was edited on 4/1/14 at 6:46 pm
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 4/1/14 at 6:38 pm to
Well I'm satisfied Hobby Lobby is tainted with the dirty sin of contraception, I'm getting my dick picks framed somewhere else.
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