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Started By
Message
Hobby Lobby's Retirement Plan Invests in Contraception Manufacturers
Posted on 4/1/14 at 5:17 pm
Posted on 4/1/14 at 5:17 pm
LINK
quote:
Documents filed with the Department of Labor and dated December 2012—three months after the company's owners filed their lawsuit—show that the Hobby Lobby 401(k) employee retirement plan held more than $73 million in mutual funds with investments in companies that produce emergency contraceptive pills, intrauterine devices, and drugs commonly used in abortions. Hobby Lobby makes large matching contributions to this company-sponsored 401(k).
Several of the mutual funds in Hobby Lobby's retirement plan have holdings in companies that manufacture the specific drugs and devices that the Green family, which owns Hobby Lobby, is fighting to keep out of Hobby Lobby's health care policies: the emergency contraceptive pills Plan B and Ella, and copper and hormonal intrauterine devices.
15
Posted on 4/1/14 at 5:18 pm to PuntBamaPunt
You don't seem to understand how mutual funds work.
Posted on 4/1/14 at 5:19 pm to PuntBamaPunt
Posted on 4/1/14 at 5:20 pm to PuntBamaPunt
But...but..but..Hobby Lobby said they don't believe in those kinds of things. They said so! And conservatives rallied behind them! This can't be true.
Posted on 4/1/14 at 5:20 pm to PuntBamaPunt
Backfire time.
And I'm not talking about hobby lobby.
And I'm not talking about hobby lobby.
Posted on 4/1/14 at 5:22 pm to PuntBamaPunt
I bet you felt like a million dollars when you posted this. Pretty soon you will feel like a dumb arse.
Posted on 4/1/14 at 5:22 pm to PuntBamaPunt
This is no different than the CT teachers union's retirement fund investing in the Bushmaster firearms company. These are giant funds that invest in many, many, many different companies and industries.
Posted on 4/1/14 at 5:25 pm to PuntBamaPunt
Ands it's tax dollars fund abortions. Your point?
Posted on 4/1/14 at 5:27 pm to PuntBamaPunt
Hobby Lobby pays taxes and tax money is used to regulate abortion clinics!!!
BUSTED!!!
BUSTED!!!
Posted on 4/1/14 at 5:36 pm to PuntBamaPunt
quote:
Hobby Lobby's Retirement Plan Invests in Contraception Manufacturers
Very amusing and coincidental, but I don't believe you know how mutual funds work....
Posted on 4/1/14 at 5:44 pm to PuntBamaPunt
quote:
show that the Hobby Lobby 401(k) employee retirement plan held more than $73 million in mutual funds with investments in companies that produce emergency contraceptive pills, intrauterine devices, and drugs commonly used in abortions.
OMG!!!
And...you WON'T BELIEVE THIS....they have a website on the same innerweb that has...gasp...PORN!!!
Posted on 4/1/14 at 5:48 pm to PuntBamaPunt
quote:
PuntBamaPunt
You aren't really this dumb are you?
This is an April Fool's Day prank, right?
Posted on 4/1/14 at 8:00 pm to PuntBamaPunt
honestly, even if most people are going to ignore the fact that HL is only not wanting to pay for specific contraception, this whole thing is ludicrous.
china has MANDATED abortions for certain criteria and I'd wager the vast majority of HL's stock comes from the chicoms.
I mean you gotta draw the line somewhere, some of their money at some point is going to go towards something they don't support, and I'd wager that's true for most of us.
the difference is choosing to, or being forced to.
china has MANDATED abortions for certain criteria and I'd wager the vast majority of HL's stock comes from the chicoms.
I mean you gotta draw the line somewhere, some of their money at some point is going to go towards something they don't support, and I'd wager that's true for most of us.
the difference is choosing to, or being forced to.
Posted on 4/1/14 at 8:59 pm to PuntBamaPunt
You just revealed a whole lot of stupid on your part....
Posted on 4/1/14 at 9:14 pm to PuntBamaPunt
Yo there bud that company isn't Hobby but a different entity altogether and Hobby doesn't control them. But if enough people are made aware of this at the Hobby main office in Atlanta they might change their investors for the future. There is nothing quite like bursting a posters laughter bubble to make for a very good day.
Posted on 4/1/14 at 9:15 pm to PuntBamaPunt
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