“A Disgrace”: Dan Crenshaw Provides a Reality Check for Mad Maxine After Her Wild Rant on Trump and Iran

“A Disgrace”: Dan Crenshaw Provides a Reality Check for Mad Maxine After Her Wild Rant on Trump and Iran

Dan Crenshaw

Rep. Dan Crenshaw, R-Texas, left, listens as Office of Management and Budget Acting Director Russell Vought testifies before the House Budget Committee on Capitol Hill in Washington, Tuesday, March 12, 2019, during a hearing on the fiscal year 2020 budget. (AP Photo/Susan Walsh)

As Rep. Dan Crenshaw (R-TX) has shown since elected but especially in recent weeks, he is unafraid to take on the loudest, shrillest voices on the left, no matter the issue.

Last week, it was Rep. Alexandria Ocasio-Cortez (D-NY) on her “border detention centers=Nazi concentration camps” comparison, and Black Hat for disinviting Rep. Will Hurd (R-TX) from a tech conference over his pro-life views. Over the weekend, it was twice-failed Democratic candidate for president Hillary Clinton – who tried to blame the border crisis on Republicans.

Also over the weekend, the freshman Congressman took issue with comments from longtime Rep. Maxine Waters (D-CA), who went on a wild Twitter rant regarding President Trump and possible war with Iran:

Rep. Maxine Waters, D-Calif., drew fire from Rep. Dan Crenshaw, R-Texas, on Twitter for accusing President Trump of provoking a conflict with Iran.

The U.S. military’s Central Command released a video earlier this month showing Iranian forces removing an unexploded mine from one of the two ships that were attacked near the Strait of Hormuz. Iran has denied any involvement in the conflict.

Trump called off a military strike against Tehran after they shot down an American drone they claimed was in Iranian airspace. It was valued at over $100 million. Iran has since claimed they have the capability to continue shooting down American drones if necessary.

Waters said Trump didn’t deserve credit for showing restraint and questioned the nature of America’s surveillance of Iran.

In particular, Crenshaw took issue with this tweet from Waters:

In response, he blasted the Congresswoman:

Red State‘s Jennifer Van Laar documented Waters’s tweets last night and explained how her rant was wildly off the mark for a number of reasons, but commenting on an issue without the facts has never stopped Mad Maxine before.

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—Based in North Carolina, Sister Toldjah is a former liberal and a 15+ year veteran of blogging with an emphasis on media bias, social issues, and the culture wars. Read her Red State archives here. Connect with her on Twitter.–

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The NBA Stops Using Completely Innocuous Phrase, Cites Racial Insensitivity

The NBA Stops Using Completely Innocuous Phrase, Cites Racial Insensitivity

This is one of those double take stories where you have to make sure it’s not a Babylon Bee or The Onion article.

The NBA has decided that the completely innocuous, objective descriptor of “team owner” is racially insensitive and are stopping it’s use within the NBA. Yes, people who own teams are no longer allowed be called the owner of their teams.

This seems normal.

Apparently, some players, including Draymond Green (already one of the most drama-stricken players in the NBA), have complained that it’s racially insensitive to have a figure above them in the hierarchy being described as an owner. Correlations to slave ownership and all that.

“You shouldn’t say ‘owner,’” Green said. “When you think of a basketball team, nobody thinks of the f–kin’ Golden State Warriors and think of that damn bridge. They think of the players that make that team…you don’t even know what the f–k [the bridge] is called.”

If that’s not a solid, logical argument, I don’t know what is. And who doesn’t know the name of the Bay bridge?

Of course, essentially no one ever has described a team owner as “owning” the players on his team. The person who owns the team literally owns it as an enterprise. This kind of shifting of language is just nonsensical and completely unnecessary. Every business has an owner and there are plenty of them with majority black employee bases. What makes the NBA so special here that they need to distort language this way?

The term governor will probably be found to be problematic soon, as it could be twisted historically as well. Then we can move to team “stakeholder” or something more ridiculous because no one is ever happy.

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Pelosi Blinks, and Agrees to ‘Humanitarian Aid’ at the Border

Tough words softened by gentle deeds are preferable to gentle words trampled by rough and reckless action. President Trump vows to begin deporting illegal immigrants by the millions, a campaign promise that helped elect him and may well do so again. He didn’t invent the chaos on the border, but he is the first president to try to do something about it. The nation yearns for an equitable immigration system that enables the orderly entry of foreign nationals without infringing the rights of law-abiding Americans. There’s nothing in the president’s words or deeds that dash that wish.

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These three high-wire European risks could send the US economy into recession – AEI – American Enterprise Institute: Freedom, Opportunity, Enterprise

These three high-wire European risks could send the US economy into recession – AEI – American Enterprise Institute: Freedom, Opportunity, Enterprise

At a time that US stock markets are partying like there is no tomorrow, global bond markets, together with actions by the world’s major central banks, are telling a very different story. They seem to be warning that Europe could soon be experiencing major crises in the United Kingdom and Italy that could precipitate a global economic recession.

Stock-market investors would do well to pay heed to those warnings.

A clear sign that global bond markets are highly concerned about the European economic outlook is that a record US$5 trillion, or around half, of all European government bonds now offer negative interest rates. A clear sign that markets are concerned that Europe’s troubles could lead to a US economic recession is that US long-term interest rates are significantly below US short-term interest rates. In the past, this so-called US yield-curve inversion has consistently proved to be a highly reliable indicator of an impending economic recession and oftentimes an early warning of a sharp decline in the S&P 500 index.

To be sure, bond markets and the world’s central banks are generally sensitive to economic risks. However, what seems to have them now on high alert is that this time around there are an unusually large number of such risks, especially in Europe, that have a high chance of materializing. They are also concerned that if these risks were to materialize, they would have the potential to destabilize both the US and the global economies.

Among the more immediate of these risks is that the United Kingdom, the world’s fifth-largest economy, could crash out of the European Union without a deal on Oct. 31. Both the Bank of England and the International Monetary Fund are warning that such an occurrence would most probably result in a 5% decline in the UK economy in the year immediately following its European exit. Considering how large a trade partner the UK for Europe, a hard Brexit would be bound to have significant spillover effects to a European economy that is already on the cusp of a recession.

Heightening the chances of a hard Brexit is the commitment by Boris Johnson, who is almost certain to become the next UK prime minister, to have the the country leave Europe with or without a deal on Oct. 31. That is when the UK’s extended deadline to negotiate a Brexit deal ends. Johnson is making this commitment to fend off a mortal challenge to the Conservative Party from Nigel Farage’s surging Brexit Party.

Seemingly, the only thing that can stop a hard Brexit would be a successful no-confidence vote in the government before Oct. 31. However, that would hold out the prospect that a very market-unfriendly Jeremy Corbyn, the head of the Labour Party, could become prime minister. This could seriously undermine UK investor confidence, especially if he continues to offer the same economic policy prescriptions for the UK that failed so badly in the 1960s.

A more serious, albeit less imminent, threat to the global economy is the risk of a new Italian sovereign debt crisis that would pose an existential threat to the euro’s survival. Italy would be very much more difficult to save than Greece, given that its economy is around 10 times the size of Greece’s. Having the world’s third-largest bond market, a serious Italian economic crisis is bound to reach our shores in much the same way as our 2008 Lehman crisis impacted the rest of the world.

Heightening the risk of an Italian debt crisis is the reckless policy path on which its populist government is embarked. At a time that the country is already saddled with Europe’s second-highest ratio of public debt to GDP, behind only Greece, the Italian government is insisting on the introduction of a large unfunded tax cut that would raise its budget deficit to around 5% of GDP.

It is also not helping matters that the Italian government is seriously floating the idea of issuing small-denominated bonds (dubbed Mini-BOTs, after the Italian term for Treasury bonds) that would have the same denominations as euro notes and that could be used to pay future tax liabilities. The introduction of such a parallel currency, which very well could occur if Matteo Salvini, now deputy prime minister, were to become prime minister, would be bound to undermine investor confidence in Italy’s commitment to continued euro membership.

Salvini, who heads the euroskeptic Northern League, is already threatening to pull out of the current coalition government and force new elections if he doesn’t get his way over proposed tax cuts. Given that his party got 34% of the vote in the recent elections for European Parliament — twice that of his coalition partner — a government with Salvini at the head is a likely scenario for later this year.

President Trump’ America First trade policy constitutes a further major source of risk to the European economy. In particular, his threat to slap a 25% import tariff on European automobiles sometime later this year could be the final straw that pushes an already ailing German economy into recession.

Sensing these risks, as well as that coming from heightened US-China trade tensions, the world’s major central banks have become decidedly more dovish than before. Global bond markets, meanwhile, are anticipating that a weak global economy will lead to several interest-rate cuts in the year ahead.

A key question that stock-market investors should be asking themselves right now is whether they might be missing something that the central banks and the global bond markets are seeing.

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Dozens of archaeological finds stolen from secured storage facility in central Israel

Dozens of archaeological finds stolen from secured storage facility in central Israel

Dozens of metal archaeological artifacts that had been excavated in Caesarea were stolen from an Israel Antiquities Authority storage facility in the center of the country about two months ago.

The authority never publicly disclosed the break-in at the facility, which houses a large portion of the country’s archaeological treasures, but told Haaretz it is taking the matter very seriously and took immediate security measures after it was discovered.

Among the objects apparently taken were figurines, arrowheads, rings and nails. About 50,000 items, both large and small, are housed at the facility, including coffins and decorations from ancient columns.

>> Read more: The top 10 archaeological discoveries in IsraelWhere you can volunteer at archaeological digs in Israel

In recent years, as the pace has increased of archaeological salvage digs – conducted at sites where construction is slated to be carried out – the number of items stored at the storage facility has increased. The facility is receiving about 9,000 items a year, and although it is protected by fencing and security cameras, the burglary initially went undetected.

According to an Antiquities Authority source, the alarm system at the site sounded but the security firm protecting the site did not discover the break-in. The burglary was caught on security camera footage, however, which showed three intruders walking to the room where items that were taken were stored.

Senior officials at the authority said that other than three items details of which were not provided, the stolen Caesarea artifacts, some of which had been found in the Mediterranean, were generally not of exceptional value or of an exceptional nature.

The Israel Antiquities Authority reported the burglary to the police, which is investigating, but no suspects have been apprehended. The authority is also monitoring the antiquities market to see if the items surface for sale by antiquities dealers.

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