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KamaAina

(78,249 posts)
Mon Jun 30, 2014, 01:31 PM Jun 2014

Hobby Lobby Invested In Numerous Abortion And Contraception Products

While Claiming Religious Objection.

http://www.forbes.com/sites/rickungar/2014/04/01/hobby-lobby-401k-discovered-to-be-investor-in-numerous-abortion-and-contraception-products-while-claiming-religious-objection/

In what just may be the most stunning example of hypocrisy in my lifetime, Mother Jones has uncovered numerous investments on the part of Hobby Lobby’s retirement fund in a wide variety of companies producing abortion and contraception related products....

However, it turns out that the owners of Hobby Lobby do not appear to have any problem with profiting from the companies that manufacture the very products that so grievously offend their religious principles.

The following is a summation of the companies manufacturing these products that are held by the Hobby Lobby employee retirement plan, as set forth by Ms. Redden’s remarkable reporting:

These companies include Teva Pharmaceutical Industries, which makes Plan B and ParaGard, a copper IUD, and Actavis ACT +0.39%, which makes a generic version of Plan B and distributes Ella. Other holdings in the mutual funds selected by Hobby Lobby include Pfizer PFE +0.2%, the maker of Cytotec and Prostin E2, which are used to induce abortions; Bayer , which manufactures the hormonal IUDs Skyla and Mirena; AstraZeneca AZN +0.53%, 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 AET -0.37% and Humana, two health insurance companies that cover surgical abortions, abortion drugs, and emergency contraception in many of the health care policies they sell.



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3catwoman3

(23,971 posts)
1. Imagine that. I'd like to hear what...
Mon Jun 30, 2014, 01:37 PM
Jun 2014

...verbal contortions they will come up with to justify/explain this stunning chunk of hypocrisy.

awake

(3,226 posts)
4. Hobby Lobby can be charged with lying to a government agent
Mon Jun 30, 2014, 01:42 PM
Jun 2014

since they have stated in court filings that it is against their beliefs to be involved in contraceptives. After all Pres. Bill Clinton was impeached for lying under oath.Also a employe for Hobby Lobby could sue if there health care does not cover contraception products which Hobby Lobby invested in changeling that their Religious Objection claim is false.

 

maindawg

(1,151 posts)
11. It would seem
Mon Jun 30, 2014, 04:32 PM
Jun 2014

that this ruling will stir up a ton of legal issues. Can any employer refuse to allow anything else for any other reason ? How do you prove your devotion in court ? Do the courts need this bullshit when they have real law to arbitrate. Hell no. They are already under staffed and over worked. Can the tax payers afford an endless legal battle to defend this non sense ? NO.

Baitball Blogger

(46,699 posts)
6. Has anyone determined how much money they save by removing the contraception coverage from the
Mon Jun 30, 2014, 01:48 PM
Jun 2014

insurance policies?

ck4829

(35,045 posts)
8. You see, it's OK to profit off of them, but it's immoral if employees want to use them
Mon Jun 30, 2014, 02:17 PM
Jun 2014

Supply Side Jesus has spoken.

 

Bluenorthwest

(45,319 posts)
10. So they are liars as well, bearers of false witness who profit from what they consider to be murder
Mon Jun 30, 2014, 02:25 PM
Jun 2014

Corrupt hypocrites.

Autumn

(45,055 posts)
14. If HL could make money off it they would have a rule that all employees must have
Tue Jul 1, 2014, 10:49 PM
Jul 2014

abortions monthly.

 

KamaAina

(78,249 posts)
15. That would be a neat trick
Tue Jul 1, 2014, 11:08 PM
Jul 2014

especially for the male employees.

But even the female ones would have to work pretty damn hard for monthly.

tavernier

(12,377 posts)
16. OMG, this is sure to be headline news
Wed Jul 2, 2014, 07:56 AM
Jul 2014

on all the major networks all day!!



In real life, it's already dead and buried as far as the msm is concerned. Time to move on to fresh news, like the trials and tribulations of Monica Lewinsky.

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