[Vision2020] How's this for hypocrisy . . .

Tue Jul 1 19:32:24 PDT 2014

My guess is that they would quit and go to work for Hobby Lobby. Duh!

g

On Tue, Jul 1, 2014 at 4:35 PM, Tom Hansen <thansen at moscow.com> wrote:

> Which begs the question . . .
>
> ---------------------------------------
>
>
> What if a Muslim Company Used the 'Hobby Lobby' Decision to Impose Its
> Values on White Christians?
> <http://www.dailykos.com/story/2014/06/30/1310729/-What-if-a-Muslim-Company-Used-the-Hobby-Lobby-Decision-to-Impose-Its-Values-on-White-Christians>
>
> http://www.dailykos.com/story/2014/06/30/1310729/-What-if-a-Muslim-Company-Used-the-Hobby-Lobby-Decision-to-Impose-Its-Values-on-White-Christians?
>
> ---------------------------------------
>
> Any guesses?
>
> Seeya 'round town, Moscow, because . . .
>
> "Moscow Cares" (the most fun you can have with your pants on)
> http://www.MoscowCares.com <http://www.moscowcares.com/>
>
> Tom Hansen
> Moscow, Idaho
>
> "There's room at the top they are telling you still.
> But first you must learn how to smile as you kill,
> If you want to be like the folks on the hill."
>
> - John Lennon
>
>
> On Jul 1, 2014, at 4:14 PM, "Saundra Lund" <v2020 at ssl1.fastmail.fm> wrote:
>
> Tom, I find nothing surprising about this religious hypocrisy because
> sadly, so-called “sincerely held” religious beliefs that have a long
> history of being used to oppress and punish those who don’t share those
> beliefs have an equally long history of being oh, so conveniently &
> blatantly disregarded when it comes to lining their own financial pockets.
>
>
>
> In my book, that elevates ordinary hypocrisy to rank hypocrisy status, and
> while they may have been successful at pulling the wool over SCOTUS’s eyes,
> it doesn’t fool God or any of the rest of us with connected brain cells.
>
>
>
>
>
> Saundra
>
>
>
> *From:* vision2020-bounces at moscow.com [
> mailto:vision2020-bounces at moscow.com <vision2020-bounces at moscow.com>] *On
> Behalf Of *Tom Hansen
> *Sent:* Tuesday, July 01, 2014 3:35 PM
> *To:* Moscow Vision 2020
> *Subject:* [Vision2020] How's this for hypocrisy . . .
>
>
>
> Courtesy of KDVR-31 (Denver, Colorado) at:
>
>
>
> http://tinyurl.com/n9qngc5
>
>
>
> ------------------------------------
>
>
> Hobby Lobby 401K plan invests in firms that make contraceptives
>
> NEW YORK — Hobby Lobby is a craft store chain that says it operates “in a
> manner consistent with Biblical principles.” Those values extend throughout
> its business, except when it comes to the company’s retirement plan.
>
> The company refuses to cover any contraception methods for its employees.
> Hobby Lobby fought the Affordable Care Act’s mandate that businesses pay
> for birth control all the way to the U.S. Supreme Court and won this week
> <http://kdvr.com/2014/06/30/supreme-court-rules-businesses-can-refuse-to-provide-contraceptives-to-employees/>
> .
>
> “It’s been a long journey, but an important one for our family and for
> those who wish to be guided in all areas of life, including their
> businesses by faith and conscience,” Hobby Lobby co-founder Barbara Green
> said in astatement on YouTube
> <https://www.youtube.com/watch?v=fNYJHCxwx9E> after the ruling.
>
> Hobby Lobby’s founders have made it clear that any form of contraception
> is unacceptable in their eyes, yet the company’s 401(k) plan has millions
> of dollars invested in funds that own companies which make birth control
> pills and Plan B, the so-called “morning after” drug that some equate to
> abortion.
>
> Like many companies, Hobby Lobby offers its employees a 401(k) plan. Over
> 13,000 past and present employees have taken advantage of that plan,
> according to the latest documents filed with the Department of Labor
> <https://www.documentcloud.org/documents/1099360-savings-incentive-and-profit-sharing-plan-for.html>
> .
>
> Employees have the option to put their retirement dollars — and the money
> that Hobby Lobby contributes on their behalf — into over a dozen different
> mutual funds.
>
> At least six of those funds have been invested in companies that produce
> birth control such as Teva Pharmaceutical, Bayer, and Pfizer, according to
> an analysis. Teva makes Plan B. One of the funds also held Forest
> Laboratories, which makes a drug that is used to induce abortions.
>
> These are huge drug companies that make many different medications.
> Contraceptives are only part of the mix.
>
> Hobby Lobby has not responded to requests for comment about its retirement
> plan.
>
> Mother Jones broke the story about the company’s 401K plan in April.
>
> How Hobby Lobby can avoid investing in birth control: There are ways Hobby
> Lobby could strip out investments dealing with contraceptives.
>
> For example, an investment management firm called Ave Maria Funds offers a
> “Catholic Values” fund that “screens out two major categories of companies:
> those involved with abortion and those judged to be anti-family, such as
> companies which distribute pornographic materials or whose policies
> undermine the Sacrament of Marriage.”
>
> The most recent information available on Hobby Lobby’s retirement funds
> comes from a 2012 filing with the Department of Labor. At that time, Hobby
> Lobby used American Funds, T. Rowe Price and Vanguard to manage its money.
>
> Another option for the company would be to ask its providers such as
> Vanguard to create a custom portfolio, sometimes dubbed a “separately
> managed account.” This would essentially put Hobby Lobby’s funds into their
> own bucket and give the company more control to forbid investments in firms
> like Teva.
>
> That said, any time you ask for something special, it often costs more.
>
> “While it would be possible to create some kind of custom portfolio, I
> don’t know that that would be feasible in 401(k)-type account given the
> costs involved. It’s probably doable, but expensive,” says David Blanchett,
> the head of retirement research for Morningstar Investment Management.
>
> Figuring out what companies are acceptable and which ones are not is also
> tricky. Most of the funds Hobby Lobby offers employees are “actively
> managed,” meaning someone is picking stocks and likely moving them in and
> out of the portfolio regularly.
>
> While Teva and Pfizer might be off-limits, what about a company like Aetna
> that is a health care insurer, but puts Plan B on its preferred drug list?
> Or a hospital owner like Tenet or HCA that might prescribe birth control in
> their urgent care or emergency rooms?
>
> ------------------------------------Seeya 'round town, Moscow, because . .
> .
>
> "Moscow Cares"
>
> http://www.MoscowCares.com <http://www.moscowcares.com/>
>
>
>
> Tom Hansen
>
> Moscow, Idaho
>
>
>
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