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Wednesday, July 2, 2014

Is Hobby Lobby Hypocritical Or Just Complying With U.S. Pension Law?

My fellow Forbes contributor Rick Ungar has hit a nerve with his piece entitled “Hobby Lobby Invested In Numerous Abortion And Contraception Products While Claiming Religious Objection.”  Quoting liberally from an earlier report in Mother Jones, Mr. Ungar states that it may be “the most stunning example of hypocrisy in my lifetime” that Hobby Lobby invests its retirement fund in a “wide variety of companies producing abortion and contraception related products” while simultaneously fighting in the Supreme Court for the right to not provide insurance coverage of such products through its group health insurance plan.

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