RE: SCOTUS Rules In Favor Of Hobby Lobby
July 2, 2014 at 6:19 pm
(This post was last modified: July 2, 2014 at 6:22 pm by Heywood.)
(July 2, 2014 at 5:55 pm)Rhythm Wrote: It's not a charity. It is an investment for the company, sometimes there are expenses to our investments. You don't think that they offer the 401k because they think doing so will make their profits go down..do you?
I think they offer them as a means to attract good employees...so yes in a round about way they profit from 401ks. But they are not making money off them in the way you initially suggested.
(July 2, 2014 at 5:55 pm)Rhythm Wrote: They researched the contents of their employees health packages enough to find objection - but not the driving engine of that investment? Meh, maybe, but I doubt it. They always have the option of another investment package. There's never an "objective best" when it comes to investing. Even though the company can't decide what's in the package ...they can decide whether or not their money will go into that package.
They didn't have to research this aspect of Obamacare. The administration didn't try to bury it....they touted it as a feature.
It is impossible for Hobby Lobby to determine what companies and when these funds will invest in. One day the fund might have invested in the company that produces Plan B....the next day it might have liquidated that position.
Also it isn't Hobby Lobby deciding to invest the money into particular funds. The employees are the ones which select the funds they will put there money into. Now Hobby Lobby is responsible for administering the menu of funds from which the employees can choose from, but it would be impossible for them to screen out all funds which invest in the abortion trade without running afowl of pension law.
(July 2, 2014 at 5:55 pm)Rhythm Wrote: No argument from me on that last point. I enjoy the firm line drawn between religious owners and their employees.
I'm amusing myself with the ethics, friend, and how they don't match up to the legality of the issue.
Well then you should concede that Hobby Lobby isn't being hypocritical but rather just trying to comply with pension law.
But I ask you this, how far removed does one have to be from being free from supporting something? Does UPS support abortion because they deliver packages of the materials needed to preform abortions to abortion mills? Do you support the Iranian regime because you purchase products made from Iranian oil? The world is simply too intertwined to insulate yourself from participating in some small way in evil actions perpetated by others.
This whole drive to paint Hobby Lobby as hypocrites is merely an attempt to incite hate in Hobby Lobby. If you buy into these arguments without looking at them critically, you are simply buying into the hate others are selling.