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Old 04-14-2014, 02:25 PM
 
Location: Midwest
38,496 posts, read 25,835,417 times
Reputation: 10789

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Yep! Mr. Hobby Lobby has his religious limits.

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.

The companies Hobby Lobby invests in include Teva Pharmaceutical Industries, which makes the Plan B morning-after pill and ParaGard, a copper IUD, as well as Pfizer, the maker of the abortion-inducing drugs Cytotec and Prostin E2."


https://www.youtube.com/watch?v=lEZSyv9oBV8

 
Old 04-14-2014, 02:26 PM
 
16,545 posts, read 13,461,752 times
Reputation: 4243
Holy ****. You KNOW there is already a thread on this from about 2 weeks ago. Go read the posts there to understand it.
 
Old 04-14-2014, 02:31 PM
 
Location: Midwest
38,496 posts, read 25,835,417 times
Reputation: 10789
Quote:
Originally Posted by SourD View Post
Holy ****. You KNOW there is already a thread on this from about 2 weeks ago. Go read the posts there to understand it.
I guess I'll let the moderators fuse these. Thanks for the heads up.


Like you, I believe Mr.Hobby Lobby is certainly hard to understand when it comes to his religious principles.
 
Old 07-02-2014, 11:40 AM
 
7,530 posts, read 11,372,166 times
Reputation: 3656
Wonder how Hobby Lobby will explain this?

Hobby Lobby still invests in birth control via 401(k) plan - Jul. 1, 2014
 
Old 07-02-2014, 11:42 AM
 
16,545 posts, read 13,461,752 times
Reputation: 4243
Quote:
Originally Posted by Motion View Post
This has been debated already. They don't directly invest into anything. The 401k's for the employees have some investments in the companies that make those drugs. HL has no say in what goes where. The EMPLOYEES can move their stuff if they want to.
 
Old 07-02-2014, 12:07 PM
 
Location: Great State of Texas
86,052 posts, read 84,531,102 times
Reputation: 27720
Yes, because the CEO of HL personally buys stocks that comprise mutual funds.

Oh what a stretch here folks.

I betcha your 401K and IRA mutual funds are full of stocks that you don't agree with either.
 
Old 07-02-2014, 12:12 PM
 
Location: NE Ohio
30,419 posts, read 20,322,479 times
Reputation: 8958
Quote:
Originally Posted by jojajn View Post
Yep! Mr. Hobby Lobby has his religious limits.

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.

The companies Hobby Lobby invests in include Teva Pharmaceutical Industries, which makes the Plan B morning-after pill and ParaGard, a copper IUD, as well as Pfizer, the maker of the abortion-inducing drugs Cytotec and Prostin E2."
FAIL

This was tried before. Hobby Lobby does not "directly" invest in anything.

Time to lick your wounds and "move on," Or, are you going to now spend the rest of your waking hours trying to find things to smear Hobby Lobby with, much like you Liberals have done with the Koch's?
 
Old 07-02-2014, 12:25 PM
 
33,387 posts, read 34,863,645 times
Reputation: 20030
Quote:
Originally Posted by jojajn View Post
Yep! Mr. Hobby Lobby has his religious limits.

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.

The companies Hobby Lobby invests in include Teva Pharmaceutical Industries, which makes the Plan B morning-after pill and ParaGard, a copper IUD, as well as Pfizer, the maker of the abortion-inducing drugs Cytotec and Prostin E2."


https://www.youtube.com/watch?v=lEZSyv9oBV8
Quote:
Originally Posted by nononsenseguy View Post
FAIL

This was tried before. Hobby Lobby does not "directly" invest in anything.

Time to lick your wounds and "move on," Or, are you going to now spend the rest of your waking hours trying to find things to smear Hobby Lobby with, much like you Liberals have done with the Koch's?
nononsenseguy is right. sorry liberals but like all corporations, hobby lobby HIRES someone to handle the 401(k) for their employees, they dont do it themselves. and it is the broker that makes the decision of what stocks and bonds to buy, with the permission of the EMPLOYEES of the company, not the company itself. the only possible thing you can complain about is that hobby lobby might match the employees contribution, and if they didnt you libs would be on here complaining that hobby lobby doesnt support their employees retirement program.

nice failure jojajn, but keep trying perhaps you can fail spectacularly someday.
 
Old 07-02-2014, 12:25 PM
 
14,917 posts, read 13,109,537 times
Reputation: 4828
Quote:
Originally Posted by SourD View Post
This has been debated already. They don't directly invest into anything. The 401k's for the employees have some investments in the companies that make those drugs. HL has no say in what goes where. The EMPLOYEES can move their stuff if they want to.
Yes, the employees can choose from a group of mutual funds selected by Hobby Lobby.
 
Old 07-02-2014, 12:30 PM
 
33,387 posts, read 34,863,645 times
Reputation: 20030
Quote:
Originally Posted by hammertime33 View Post
Yes, the employees can choose from a group of mutual funds selected by Hobby Lobby.
there again, its the fund managers that decide where the investments go, hobby lobby only selected the mutual funds themselves, probably based on the performance of the funds. so again its a failure on your part. again nice try though.
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