(July 2, 2014 at 12:27 pm)Rhythm Wrote: Everything, since it was decided upon the basis of the sincerity of their belief, and not it's accuracy. Did you actually read the fucking ruling or the justices comments? Apparently, they sincerely hold this conviction where it costs them money (employee benefits) but not where it makes them money (their investments).
Is it so strange to sggest that an exception to the one precludes ones involvement in the other, legally? Like, if you want to be a non-profit (so as to avoid those taxes)....you can't then, you know...report profits.....
Since you connected some dots that tie this claim to the case I feel the need to reply. However the following are a few facts that nullify the point you made.
1. Hobby Lobby doesn't make money on employee 401K plans. Its employees make money but Hobby Lobby does not. Contribution into employee 401K plans by Hobby Lobby is an expense for the company not a profit.
2. 401K funds are not invested directly into companies which profit by killing unborn human beings. They invest in funds which diversify themselves by investing in multiple companies. Hobby Lobby has no control of what companies those funds will invest the money in.
3. Hobby Lobby is required by law to select investment options on the 401k menu in the exclusive best interest of the participant. It would simply be illegal for Hobby Lobby to select options which require the participant to sacrifice returns or take on more risk just to persue the religious preference of the owners of Hobby Lobby.
