Wednesday, April 2, 2014

Hobby Lobby Surprise! They Invest in ALL the Contraceptives They Hate

(Updated below. Washington Post does cover this story, sort of.)

Owned by lying, cheating bastards. Money talks, Catholicism walks!

Why didn't we know this? We do now, thanks to Mother Jones:
Several of the mutual funds in Hobby Lobby's retirement plan have holdings in companies that manufacture the specific drugs and devices that the Green family, which owns Hobby Lobby, is fighting to keep out of Hobby Lobby's health care policies: the emergency contraceptive pills Plan B and Ella, and copper and hormonal intrauterine devices.
These 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 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.
In a brief filed with the Supreme Court, the Greens object to covering Plan B, Ella, and IUDs because they claim that these products can prevent a fertilized egg from implanting in a woman's uterus—a process the Greens consider abortion. But researchers reject the notion that emergency contraceptive pills prevent implantation the implantation of a fertilized egg. Instead, they work by delaying ovulation or making it harder for sperm to swim to the egg. (Copper IUDs, which are also a form of birth control, can prevent implantation.) The Green's contention that the pills cause abortions is a central pillar of their argument for gutting the contraception mandate. Yet, for years, Hobby Lobby's health insurance plans did cover Plan B and Ella. It was only in 2012, when the Greens considered filing a lawsuit against the Affordable Care Act, that they dropped these drugs from the plan.
 Will this affect the outcome of the Supreme Court case? Of course not. Will the mainstream media run with this? Probably not. I'll report if it does. Not holding my breath. Let's look at the owners of Hobby Lobby who are the Religious Believers Christian Catholic Deceivers:

David and Babara Green have a hobby: bullshitting us.

Money talks, Catholicism walks. Boycott Hobby Lobby, not for religious reasons but because they are liars and cheaters. I bet they voted for Mitt Romney, another great moral leader.

Bonus fun fact. From Mother Jones:
All nine funds—which have assets of $73 million, or three-quarters of the Hobby Lobby retirement plan's total assets—contained holdings that clashed with the Greens' stated religious principles.
Evil or stupid? Just evil. And so religious.

Update. WaPo does cover this story, but only as a lower-eschelon link in its Morning Mix section, entitled "Hobby Lobby's abortion embarrassment." Yeah, it's an "embarrassment when people find out you're lying, cheating whores for money instead of First Amendment Religious Believers Marching for Jesus. In fairness to the WaPo, the article itself is thorough, referencing the Mother Jones story and adding a splash of blog reax. This graph is apparently based on Mother Jones' reporting, but I missed it in the first telling:
The kicker is that there are “faith based” investment options for companies like Hobby Lobby that are particular about whom they do business with. Dan Hardt, a Kentucky financial planner who specializes in faith-based investing, told Mother Jones that the performances of funds like the Timothy Plan or Ave Maria Fund, which screen for companies that make abortion drugs or support stem cell research, are about the same as if they had not been screened.
So, the Religious Zealots Who Need the Supreme Court to Save Them From Sodom and Gomorrah didn't do their homework or don't give a shit. What would Jesus do? (Hint: He's mum on the subject...)

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