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Thread: Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

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    Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

    Hello again all,

    Just found this little nugget. If true, it would certainly be a blow to the Hobby Lobby position (their standing with the rest of us, including those who defend them), if not to their case pending in front of the SCOTUS as well. A company that protests being forced to comply with a mandate to provide contraceptive coverage (including IUD's and Plan B Contraceptives) based on their religious objection to those services either has no business investing in these companies, or has no business arguing that their religious beliefs provide them with an exception to avoid providing services they religiously object to while continuing to invest in companies that manufacture those products.

    Thoughts?

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    Re: Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

    Quote Originally Posted by darkrecess View Post
    Hello again all,

    Just found this little nugget. If true, it would certainly be a blow to the Hobby Lobby position (their standing with the rest of us, including those who defend them), if not to their case pending in front of the SCOTUS as well. A company that protests being forced to comply with a mandate to provide contraceptive coverage (including IUD's and Plan B Contraceptives) based on their religious objection to those services either has no business investing in these companies, or has no business arguing that their religious beliefs provide them with an exception to avoid providing services they religiously object to while continuing to invest in companies that manufacture those products.

    Thoughts?
    Meh.

    That Hobby Lobby matches employees contributions to 401(k) plans that hold mutual funds that include emergency contraceptives, etc. might make for good fodder from those on the extreme left but that's about it.

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    Re: Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

    So wait, the fact that Hobby Lobby willingly invests in these companies (despite the products they make), while at the same time objecting to those very same products based on a corporations religious objections is nothing?

    I'm sorry, I truly see a double standard here. Either you object to these products, or you don't. If you do, don't invest in them and don't offer health insurance. If you don't, shut up and stop wasting the Supreme Court's time.

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    Re: Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

    Quote Originally Posted by darkrecess View Post
    so wait, the fact that hobby lobby willingly invests in these companies (despite the products they make), while at the same time objecting to those very same products based on a corporations religious objections is nothing?

    I'm sorry, i truly see a double standard here. Either you object to these products, or you don't. If you do, don't invest in them and don't offer health insurance. If you don't, shut up and stop wasting the supreme court's time.
    it does not matter if you think its a double standard, you and otherS do not dictate, what you shall receive, when other people,business is doing the offering , if you dont like what they offer, you free to seek your own way.

    It seems you people have never heard of rights...unless their your own

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    Re: Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

    Quote Originally Posted by darkrecess View Post
    So wait, the fact that Hobby Lobby willingly invests in these companies (despite the products they make), while at the same time objecting to those very same products based on a corporations religious objections is nothing?

    I'm sorry, I truly see a double standard here. Either you object to these products, or you don't. If you do, don't invest in them and don't offer health insurance. If you don't, shut up and stop wasting the Supreme Court's time.
    Stop with the fake outrage.

    In all likelihood Hobby Lobby had no idea their employees 401(k)s invested in mutual funds that invested in companies that make emergency contraceptives. I have no idea what companies make emergency contraceptives myself.

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    Re: Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

    Quote Originally Posted by darkrecess View Post
    Hello again all,

    Just found this little nugget. If true, it would certainly be a blow to the Hobby Lobby position (their standing with the rest of us, including those who defend them), if not to their case pending in front of the SCOTUS as well. A company that protests being forced to comply with a mandate to provide contraceptive coverage (including IUD's and Plan B Contraceptives) based on their religious objection to those services either has no business investing in these companies, or has no business arguing that their religious beliefs provide them with an exception to avoid providing services they religiously object to while continuing to invest in companies that manufacture those products.

    Thoughts?
    From the article:

    Hobby Lobby's 401(k) employee retirement plan holds $73 million in mutual funds that invest in multiple pharmaceutical companies that produce emergency contraceptive pills, intrauterine devices, and abortion-inducing medications.

    Do you understand what mutual funds are, and how they work? I'm guessing that you do not.

    If this is true, then once it is called to their attention, Hobby Lobby will very likely look into moving these investments to other funds, more carefully chosen to avoid such a conflict. But it is almost certain that they did not know that their money was being invested in such a manner. Mutual funds are like that. The fund invests in a variety of stocks, and the investors invest in the fund, usually not knowing or caring about the details of just what stocks the fund is invested in. If one has reasons not to want to be invested in certain businesses, one would have to be paying much closer attention than is normally to be expected of mutual fund investors.
    The five great lies of the Left Wrong:
    We can be Godless and free. • “Social justice” through forced redistribution of wealth. • Silencing religious opinions counts as “diversity”. • Freedom without moral and personal responsibility. • Civilization can survive the intentional undermining of the family.

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    Re: Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

    Quote Originally Posted by darkrecess View Post
    Hello again all,

    Just found this little nugget.

    Thoughts?
    Why are you linking to toxic hate sites?

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    Re: Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

    Quote Originally Posted by RiverDad View Post
    Why are you linking to toxic hate sites?
    Can you disprove the findings of that particular site?
    "The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations." `Thomas Jefferson

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    Re: Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

    Quote Originally Posted by Bob Blaylock View Post
    If this is true, then once it is called to their attention, Hobby Lobby will very likely look into moving these investments to other funds, more carefully chosen to avoid such a conflict. But it is almost certain that they did not know that their money was being invested in such a manner.
    Seeing that Hobby Lobby is pretty strict with their business and their religion--meaning they go hand in hand--they should have looked in to those mutual funds just like they looked in to their health care doings--with the same tenacity.
    "The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations." `Thomas Jefferson

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    Re: Hobby Lobby invests in companies that makes IUD's/Plan-B Contraceptives

    Quote Originally Posted by Bob N View Post
    Seeing that Hobby Lobby is pretty strict with their business and their religion--meaning they go hand in hand--they should have looked in to those mutual funds just like they looked in to their health care doings--with the same tenacity.
    Do you know anything about investing in mutual funds?
    The five great lies of the Left Wrong:
    We can be Godless and free. • “Social justice” through forced redistribution of wealth. • Silencing religious opinions counts as “diversity”. • Freedom without moral and personal responsibility. • Civilization can survive the intentional undermining of the family.

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