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    • Five Hundred Million Dollar Negative Yield Bond Issued
      No, central banks aren’t screwing the economy up with their purchases: Veolia (Paris:VIE) has issued a 500 million 3-year EUR bond (maturity November 2020) with a negative yield of -0.026 %, which is a first for a BBB issuer. To be clear, central banks didn’t buy those bond, investors did. But central bank purchases of […]
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Michelle Goldberg on Trump and women’s health. It’s very, very ugly. 

Michelle Goldberg wrote about women’s reproductive freedom in the Trump era. It’s going to be a giant step backwards. He’s indifferent and callous to the relegation of women back to subordinate status. 

Then there’s Mr. Trump’s secretary of health and human services, Tom Price, who has claimed that “there’s not one” woman in America who is unable to afford contraception. Together, these hires represent a familiar Trump administration strategy: putting people in charge of government programs whose goal is to dismantle them. 
The influence of the Trump administration’s anti-contraception views is very apparent in a draft regulation, recently leaked to Vox, that would drastically expand the number of employers allowed to opt out of birth control coverage in their insurance plans. 
If enacted, the rule will allow any employer, even large, publicly traded corporations, to refuse to cover birth control simply by citing a moral objection.
This could result in hundreds of thousands of women losing contraceptive coverage. As the American Civil Liberties Union has pointed out, the rule makes a shamelessly bad-faith argument, asserting that no woman would go without coverage, since she could always rely on Medicaid or Title X — even as both of those programs are being targeted by the administration for funding freezes or cuts.

Young women should take some organic chemistry, find an old RV, drive it out to the desert…

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