Topic: Turns out that Hobby Lobby holds assets in emergency contraception production - page 4. (Read 2628 times)
July 02, 2014, 03:53:07 PM
it's all about the money, doesn't this undermine their religious claims?
July 02, 2014, 02:36:37 PM
The story is a bit old, but I haven't been following it very closely:
Mother Jones has discovered that Hobby Lobby which is seeking exemption from certain aspects of the Affordable Care Act on religious grounds surrounding contraception benefit requirements (a case it has won), actually invests (through their retirement fund) in companies that produces emergency contraceptives and abortion related products.
According to Mother Jones:
These companies make up 3/4ths of Hobby Lobby's 401k assets.
Source: http://www.forbes.com/sites/rickunga...ous-objection/
Mother Jones has discovered that Hobby Lobby which is seeking exemption from certain aspects of the Affordable Care Act on religious grounds surrounding contraception benefit requirements (a case it has won), actually invests (through their retirement fund) in companies that produces emergency contraceptives and abortion related products.
According to Mother Jones:
Quote
Documents filed with the Department of Labor and dated December 2012 (see above)—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).
These companies make up 3/4ths of Hobby Lobby's 401k assets.
Source: http://www.forbes.com/sites/rickunga...ous-objection/
Even more proofs they are not in a war against women. I am glad they won
July 02, 2014, 01:02:01 PM
The story is a bit old, but I haven't been following it very closely:
Mother Jones has discovered that Hobby Lobby which is seeking exemption from certain aspects of the Affordable Care Act on religious grounds surrounding contraception benefit requirements (a case it has won), actually invests (through their retirement fund) in companies that produces emergency contraceptives and abortion related products.
According to Mother Jones:
These companies make up 3/4ths of Hobby Lobby's 401k assets.
Source: http://www.forbes.com/sites/rickunga...ous-objection/
Mother Jones has discovered that Hobby Lobby which is seeking exemption from certain aspects of the Affordable Care Act on religious grounds surrounding contraception benefit requirements (a case it has won), actually invests (through their retirement fund) in companies that produces emergency contraceptives and abortion related products.
According to Mother Jones:
Quote
Documents filed with the Department of Labor and dated December 2012 (see above)—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).
These companies make up 3/4ths of Hobby Lobby's 401k assets.
Source: http://www.forbes.com/sites/rickunga...ous-objection/
Jump to: