Trump v. California on womens sports, a risky mortgage retread, and other commentary

Olympics beat: Trump v.Cali on Women’s SportsThe 2028 Los Angeles Olympics will become “a slow-motion car crash” over the issue of transgender athletes in women’s sports, Jennifer Sey warns at The Spectator, with President Trump facing off against California and the US Olympic Committee.“For the first time in history,” the LA Games will see “more women’s events than men’s” — but if biological men can fight for those medals, “it’s women who will lose.

And some will get hurt.”Gavin Newsom doesn’t toe the line on his executive order “aimed at protecting women’s sports” — yet “taxpayer dollars earmarked for Los Angeles 2028” are already flowing.“Compelled participation against biological men isn’t inclusion,” but “institutionalized abuse.”Eye on Wall St.: A Risky Mortgage Retread“The American public doesn’t need a sequel to ‘The Big Short,’ ” Veronique de Rugy snarks at Reason.

The 2008 financial crisis traced in that film, was sparked by Washington, “specifically through Fannie Mae and Freddie Mac,” government-sponsored lenders that (under pressure from Congress) backed “risky home loans by effectively making taxpayers cosign the mortgages.” Those “significantly loosened lending standards” wound up “inflating the housing bubble.” Now, President Trump is floating plans to “re-privatize” Fannie and Freddie without taking taxpayers off the hook for bad loans.Aargh! “Financial entities — particularly those shielded by government guarantees — inevitably revert to risky behavior when market pressures and profit incentives align.” The only safe way to privatize Fannie and Freddie is “without any implicit government guarantees.”From the right: A Win Over Climate Hysteria“The right to express an opinion contrary to the ‘settled science’ was vindicated last week in the District of Columbia Superior Court,” cheers The Washington Times’ editorial board.

Penn State University ...