Will Hobby Lobby immediately divest itself of investments in companies that produce birth control? Or is it okay to make money that way?
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At the time Hobby Lobby filed its case against the contraception mandate, its retirement plan had more than $73 million invested in funds with stakes in contraception makers. Companies include Teva Pharmaceutical Industries, which makes Plan B and ParaGard, a copper IUD, and Actavis, which makes a generic version of Plan B and distributes Ella. Other stock holdings in the mutual funds selected by Hobby Lobby include Pfizer, the maker of Cytotec and Prostin E2, which are used to induce abortions; Bayer, which manufactures the hormonal IUDs Skyla and Mirena; AstraZeneca, 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 and Humana, two health insurance companies that cover surgical abortions, abortion drugs, and emergency contraception in many of the health care policies they sell. Perhaps Hobby Lobby et all think it's ethical to profit from birth control and abortion while blocking it's employees from access to medical therapies it does not approve of?
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Answer:
That is so wrong what had happened. Now all these women will have to pay the $9.00 a month for birth control pills themselves, that is if Hobby Lobby will even ALLOW their employees to use their own earned money to buy birth control pills for themselves. This is an OUTRAGE!!!! How dare anybody EVER question the Great Barack Obama and His perfect policies!!!
Wynper at Answerbag.com Visit the source
Other answers
Not paying for the service isn't the same as prohibiting access. If it is, then I'll avail myself of the opportunity to inform you of my desire for a Lamborghini. Unless you agree to pay for it, I'll consider myself to have been denied access to a Lamborghini. It's war I tell ya! If HL divests from its retirement plan, you'll be whining about them removing THAT benefit too. I'll be waiting for the distinct moan.
MisterOgynist
Hobby Lobby has never opposed contraception, the BEFORE PILL/DEVICE only the mandate that an employer provide insurance who's formulary includes medications designed specifically to terminate a pregnancy, the AFTER PILL/DEVICE. That is, medications that would abort a pregnancy. Simply put, that would be an abortion. Besides that the suit wasn't about contraception at all. The mandate was never part of Obamacare. It was a mandate generated by HHS and Hobby Lobby opposed that mandate because it violated an existing Law, i.e., 42 US Code Chapter 21B, The Religious Freedom Restoration Act of 1993. That law says: (a) In general Government shall not substantially burden a person’s exercise of religion even if the burden results from a rule of general applicability, except as provided in subsection (b) of this section. (b) Exception Government may substantially burden a person’s exercise of religion only if it demonstrates that application of the burden to the person— (1) is in furtherance of a compelling governmental interest; and (2) is the least restrictive means of furthering that compelling governmental interest. (c) Judicial relief A person whose religious exercise has been burdened in violation of this section may assert that violation as a claim or defense in a judicial proceeding and obtain appropriate relief against a government. Standing to assert a claim or defense under this section shall be governed by the general rules of standing under article III of the Constitution. (By the way most of the rules and regulations we suffer under did not originate in Congress but in the bureaucracies given the authority to make rules and regulations to carry out the general theme in the law passed by Congress. Congress also grants some of the bureaucracies the the authority to enforce their bureaucratic mandates. AND it wasn't the Supreme Court that ruled for Hobby Lobby and against HHS. It was the 10th Circuit that ruled for Hobby Lobby and against HHS. Because the local court ruled for Hobby Lobby in the first place. If it werenot for HHS' continued appeals this never would have made it to the Supreme Court. The Supreme Court only upheld the ruling of the lower courts. RFRA was passed overwhelmingly by a Democrat controlled House and Senate and was signed into law by President Clinton in 1993. As to investments. The employer provides for a firm to handle retirement accounts NOT the employee. It is the employees option to participate AND in most plans the employee can specify what they want to invest in. It may cost the employee extra to do this but it can be done.
tominhouston
Thought that the Hobby Lobby case was about being forced to pay for drugs and devices that caused an abortive response (the "morning after" pill and certain IUD devices), not in opposition to buying actual birth control medications (drugs that prevent fertilization from occurring in the first place)? Gotta agree about the China thing though. China permits (sometime demands) children to be killed as they're being brought into the world, WELL past the first trimester. In the face of that then for Hobby Lobby to buy product from China for resale gives new definition to the word "hypocrite".
BigGrayRed
Ethical investment (especially for people who have wide ranging objections such as contraception) is impossible. Everything is just too connected. Making money in the stock market is very indirect. Most of the income is from the capital gain in the stock not the dividend income. They're not blocking their employees from contraceptives. People are still free to pay for it themselves. They're just refusing to fund it. You may find their actions hypocritical. That's irrelevant. Just because people fail to live up to the code they claim to stand for, doesn't mean it is just to force them to violate that code. They CHOSE to invest in the market. They were ORDERED to fund something they disagree with. This is about the principle of government mandate. People philosophically opposed to Obamacare are finding ways to undermine the system. You leftists don't need to worry. Obamacare is meant to fail as a pretext for a fully socialized system. At the highest level, your masters want this kind of thing to happen.
truthWarrior
Hello W: It's also notable that Hobby Lobby sells products that are made in China. The treatment of its people is completely contrary not only to the very issues that Hobby Lobby claims to have issues with, but that the Bible clearly speaks out against as well. We all know that China is a communist nation, and doesn't allow its people to have the freedom to worship freely. According to a new annual report from ChinaAid (a Texas based organization that monitors religious freedom), persecution of Chinese Christians not only continues, but increased this past year. There were 134 cases of persecution reported; many people fear retaliation if they make claims of their abuse. And although the one child policy was technically lifted, abandonment and selective killing of female babies continues. Forced abortion, although technically frowned upon by the government, is still a regular practice in China. Is life only relevant as a Christian when it's an American life? excon
excon
I remember we talked about this before. Nah, I doubt they will. Making money the way they can. It is just for retirement. They will say they aren't directly involved. They are religious up to a point.
Marguerite
Only the female employees are not covered; vasectomies are covered.
canoeguide
LOL the only thing left to say is....Pot meet kettle :)
esq63
If you dig deep enough everyone does something you don't like.
One mans opinion
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