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Hobby Lobby's Hypocrisy: The Company's Retirement Plan Invests in Contraception Manufacturers

Business  (tags: Hobby Lobby, war on women, business, corporate, contraceptives, law, government, investors, investing, ethics, lies, labor, investments, money )

- 1451 days ago -
When Hobby Lobby filed its case against Obamacare's contraception mandate, its retirement plan had more than $73 million invested in funds with stakes in contraception makers.

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Roger Skinner (14)
Tuesday July 1, 2014, 4:11 pm
Yeah, well, that's different, isn't it? Investing in those companies makes money for Hobby Lobby, while paying for contraception costs them money. That's their TRUE religious belief!

Sheila D (194)
Tuesday July 1, 2014, 4:56 pm
Agree with Roger, all about Greed.

Lois Jordan (63)
Tuesday July 1, 2014, 7:33 pm
Noted. Hypocrisy knows no bounds here. I'm personally boycotting Hobby Lobby, and suggesting it to friends & family....

Nancy C (806)
Tuesday July 1, 2014, 7:33 pm
wow, hadn't seen this...thanx Carrie. Makes the situation even more maddening!

TomCat S (128)
Tuesday July 1, 2014, 11:27 pm
Dang!! Republican Supply-side pseudo-Christian hypocrisy knows no bounds.

Panchali Yapa (26)
Wednesday July 2, 2014, 4:00 am
Thank you

Jordan G (37)
Wednesday July 2, 2014, 4:05 am
Love it!

Vallee R (280)
Wednesday July 2, 2014, 4:16 am
Not all Christians are hypocrites so hope I don't offend anyone- but the CHURCH itself definitely is - always greed - you all said it - morality out the window - honesty out the window and I could go on!

Birgit W (160)
Wednesday July 2, 2014, 6:24 am
Roger Skinner says it all, thanks.

Mitchell D (87)
Wednesday July 2, 2014, 7:40 am
Nancy, "maddening" is definitely the word!
roger nails it, and I, for one, will never step foot in a Hobby Lobby again, once was enough; nor will I buy from Chick-Fill-A.
Val, I am sure you are correct, but the ones making the news seem to be a self-selected bunch of scum.

Lona G (79)
Wednesday July 2, 2014, 7:48 am
I have seen reports on the pension plan investments a few weeks ago, but didn't know they actually had Plan B, and Ella in their own health insurance plan for years, dropping them just before the lawsuit. Both facts make it absolutely clear that the whole lawsuit had nothing to do with religion but everything with trying to undermine the ACA.

This information also begs the question whether it was known to the defendant, the government, and if they knew, if it was presented to the SCOTUS. The next question then would be why they came to this far reaching and disastrous 5-4 decision. It couldn't possibly be because the 5 are in league with the GOP, could it?

Alexandra Rodda (180)
Wednesday July 2, 2014, 7:55 am
That was to be expected!

Robert O (12)
Wednesday July 2, 2014, 8:47 am
Typical corporate greed and conservative based hypocrisy at work which is par for their tawdry course. Thanks Carrie.

Lady Suki (446)
Wednesday July 2, 2014, 9:59 am
I don't now if they are hypocrites or dumb enough not to research about their investment partners. On second thought, in this instance, they are probably dumb enough not to know. But they are still Theocratic hypocritical wannabe dictators.

Gloria picchetti (304)
Wednesday July 2, 2014, 12:43 pm
How can they get away with using these companies in their portfolio when they deny access to their employees?

Erick Ehrhorn (4)
Wednesday July 2, 2014, 1:09 pm
I am not surprised that they are just a bunch of hypocrites. I wish I could boycott them but sadly I cannot as they are not located in Hawaii.

Wednesday July 2, 2014, 1:17 pm
So they don't have a problem with contraceptives as long as they are making money from them and by extrapolation the people who use them? It would seem that Hobby Lobby are guided more by the Invisible Hand of Adam Smith than the invisible hand of any deity.

This sounds more like corporatism than religious values to me. Just another example of how the Right Wing and their corporate overlords use ‘Faith and Values’ to manipulate the political landscape to serve their own ends.

Noted, thank you Carrie.

Dianna M (16)
Wednesday July 2, 2014, 1:59 pm
I bet Viagra is still covered.

I keep hearing people on TV saying that this "isn't really about birth control, it's about the ACA."

I disagree. It's about control, birth or otherwise--women having any kind of control over their lives.

Lynne Buckley (0)
Wednesday July 2, 2014, 2:42 pm
No surprise. Hypocrites.

Yvonne White (229)
Wednesday July 2, 2014, 3:10 pm
Posted to Facebook! Damn Reich-wing jerks! :(

Kathleen M (211)
Wednesday July 2, 2014, 3:15 pm
Noted. Thanks, Carrie. So, Hobby Lobby loobies are filthy hypocrites. What a surprise...

Past Member (0)
Wednesday July 2, 2014, 6:37 pm
"But Hobby Lobby's managers either were not aware of these options or chose not to invest in them." I didn't, did you? And holding mutual funds valued at more than $73 does not mean that you have $73 million in investments in companies that produce emergency contraceptive pills,, it just means that most pharmaceutical produce items. The question is what percent of these companies are linked to contraceptives, and would you really want not to own stocks. Especially considering that as a major stock owner you can vote to eliminate the involvement.

Charlene Rush (79)
Thursday July 3, 2014, 2:43 pm
When will the public start to face the fact that this issue is not about ABORTION.

It is, pure and simply, about _CONTROL_ over women's lives. The old white boys club started this movement and won't be happy if and until, they can get all women 'barefoot and pregnant'.

P A (117)
Thursday July 3, 2014, 11:30 pm
No surprise there then! The far Right are always arrant hypocrites.
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