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Started By
Message
re: Hobby Lobby's Retirement Plan Invests in Contraception Manufacturers
Posted on 4/2/14 at 7:17 am to DCRebel
Posted on 4/2/14 at 7:17 am to DCRebel
quote:
You can't say "their retirement plans are not actually paying for any of that due to the nature of the system"
First, owning a stock doesn't purchase the product. Only a paying customer does that. HL doesn't want to be a paying customer. I thought liberals were pro-choice?
Second, HL doesn't own the stocks. Their employees do. HL doesn't seem to care what its employees do with their private salary. Just as it should be.
If "liberals" were intellectually honest they applaud HL for this.
Trying to twist this into some "gotcha" is making a lot of people look really desperate.
This post was edited on 4/2/14 at 7:18 am
3
Posted on 4/2/14 at 7:44 am to Taxing Authority
The liberal idiots in this string also don't understand how ERISA works either. You want to put moral restrictions in your own stock dealings, that's up to you. But, if you attempt to do this in an employer plan and the FIRST time you have a loss, you will be sued for breach of fiduciary duty. Why do you think pretty much all plans are now invested with huge national mutual funds that allow their employees to pick and choose which mutual funds they want to invest in.
You limit your employees "choices" according to your moral beliefs and you will get sued, and will, most likely lose.
You limit your employees "choices" according to your moral beliefs and you will get sued, and will, most likely lose.
This post was edited on 4/2/14 at 7:45 am
Posted on 4/2/14 at 7:54 am to Taxing Authority
quote:
First, owning a stock doesn't purchase the product.
Exactly. Just like how paying for one's health insurance doesn't explicitly purchase a product other than the coverage itself. Thank you. My point exactly.
quote:
Second, HL doesn't own the stocks. Their employees do.
Exactly how they wouldn't own the insurance plans, but rather their employers would.
quote:
If "liberals" were intellectually honest they applaud HL for this.
What do liberals have to do with this? I'm talking about HL's logical inconsistencies and flat out lies. I'm not sure what argument you're trying to make or to what you're responding.
Posted on 4/2/14 at 7:58 am to Taxing Authority
quote:
I thought liberals were pro-choice?
quote:
Trying to twist this into some "gotcha" is making a lot of people look really desperate.
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