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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums‘Hypocrisy at its finest’: CNN calls out Hobby Lobby for investing in birth control
CNN host Ashleigh Banfield on Wednesday highlighted the hypocrisy of Hobby Lobby for investing in companies that made the same birth control products that it refused to provide to female employees.
Earlier this year, Mother Jones revealed that Hobby Lobbys retirement plan had more than $73 million invested in companies that produced emergency contraception pills. It was that same type of birth control that Hobby Lobby said it had an objection to when it took its case against President Barack Obamas health care reform law to the Supreme Court and won.
The critics are calling Hobby Lobbys 401(k) investments hypocrisy at its finest, Banfield emphasized on Wednesday, adding that CNN had not gotten an explanation from the company after giving it plenty of time to respond.
I dont even know where to begin on this one, the CNN host remarked. I kept thinking to myself, this had to be an accident. But then I thought, its no accident when you are in the middle of the biggest political storm all the way to the Supreme Court and, yet, your guys arent aware of what your investments are in your very, very large 401(k)?
http://www.rawstory.com/rs/2014/07/02/hypocrisy-at-its-finest-cnn-calls-out-hobby-lobby-for-investing-in-birth-control/#.U7RgwSa8lv0.email
Thinkingabout
(30,058 posts)decisions on their own." They want to make money, don't care how it is done.
Dawson Leery
(19,348 posts)That is all that matters.
Fred Sanders
(23,946 posts)This willful investment in the very drugs they religiously detest pulls back the veil on the entirely of their sincerity, their true bloodlust is attention and making money.
This little ditty of a fact should have a 100 recs.
Cha
(297,223 posts)aint_no_life_nowhere
(21,925 posts)In defense of Hobby Lobby, the point was made that the company's retirement plan investments weren't directly in companies that manufacture contraceptives, but in mutual funds that in turn make these investments. Still, Hobby Lobby had the opportunity to presumably do something about it, if this was really all about religious faith and not using religion as a pretext. I wonder if this point was raised in the court case to determine whether Hobby Lobby was really expressing and exercising a genuinely held religious view in denying contraception in employee health plans.
They_Live
(3,233 posts)to eliminate all products they sell that are made in China, a country which mandates abortion. Otherwise their religious view has no standing.
Liberalynn
(7,549 posts)the only consideration that was likely given in this case was political and monetary if you get my drift.
Trekologer
(997 posts)In defense of Hobby Lobby, the point was made that the company's retirement plan investments weren't directly in companies that manufacture contraceptives, but in mutual funds that in turn make these investments.
Hobby Lobby, if not supporting or benefitting from companies that make the contraceptives they are against, could make the choice to not invest in those mutual funds. But not making that choice, Hobby Lobby is willingly putting making money ahead of their claimed values.
For exposure of their hypocrisy!
Thanks spanone!
spanone
(135,832 posts)thank you sheshe2!
sheshe2
(83,763 posts)they hide behind a bible that they probably never read or for that matter have the brains to understand.
pamela
(3,469 posts)ljm2002
(10,751 posts)...is NOT sincerely held. And since the decision was based on their belief being sincerely held, that should nullify the decision in this case.
I know, I know: not holding my breath.
homegirl
(1,429 posts)A conservative estimate would be that 75-80% of the goods sold in Hobby Lobby are Made in China. China! Where there have been 336 Million abortions in the past 30 years. Hypocrisy thy name is Hobby Lobby.
Crazypolitics25
(10 posts)They would lose the majority of their annual profit-making sales leading to an eventual closure of thew business and the employees would be out of a job overnight.
toby jo
(1,269 posts)Besides which, you'd think it would drive home the point that NOT using birth control leads to overpopulation and forced abortion. So it's 1 abortion today or 2 tomorrow. It's 1 choice abortion today, or 2 against my will abortions tomorrow.
It's their hands in my granddaughter's uterus killing that which she wants.