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He brought up anti discrimination legislation causing defaulting and bankruptcy, which the 2008 crash literally caused. I brought up a specific example of how S
by deiznof 6y ago
He brought up anti discrimination legislation causing defaulting and bankruptcy, which the 2008 crash literally caused. I brought up a specific example of how Sowell is wrong. Sowell has directly commented on this matter. It is obviously relevant and doesn't require me to explain any further.
- vadansky 6y ago>He brought up anti discrimination legislation causing defaulting and bankruptcy, which the 2008 crash literally caused. No he didn't, what are you talking about? Just because he mentioned foreclosures means he meant the CRA caused the 2008 housing crisis? No one was talking about it, you just brought it up out of no where. His statement had NOTHING to do with the housing crisis, the only link between them seems to be "both involve foreclosures, so if I prove CRA did not cause the crisis I will prove his other statement is also incorrect... Because they both have the word 'foreclose' in them"
- deiznof 6y agoOH MY GOD... The OP brought up that Sowell said that anti discrimination legislation increased defaulting and bankruptcy. Thomas Sowell literally wrote an entire article blaming CRA about 10 years ago. I brought up how Sowell is wrong because studies show that he is wrong.
- vadansky 6y agoSo even though you quoted one argument, you posted a document to prove a whole other argument wrong, never bothering to bring up that the other argument you just proved wrong. I still don't know what other argument you proved wrong, did Sowell go on record saying the CRA caused the 2008 housing crisis?
- deiznof 6y agoYes, as I said he literally wrote an article about it. I literally cannot understand how you can't connect Sowell's claim that anti-discrimination legislation (like CRA) is bad to my argument.
- vadansky 6y agoCan you post a link? I'm honestly under the suspicious you just posted a PDF you did not read, or knowingly knew did not back up your arguments but hoped no one would read the 25 pages to find out.
- deiznof 6y agohttps://www.creators.com/read/thomas-sowell/02/09/upside-down-economics https://www.creators.com/read/thomas-sowell/02/09/upside-dow... He was wrong and/or misleading about everything he said in this article. Maybe you should apply the same suspicion to someone like Sowell instead.
- vadansky 6y agoDamn, guess I was wrong. Still nothing to do with the parents argument though, you should at edit your comment to include that link so people understand what you're taking about.
- deiznof 6y agoIf people can't figure out how the 2008 crash connects to black people defaulting on loans and bankruptcy, they are not worth an edit.
- vadansky 6y agoNah, you switched arguments mid stream without any reason or warning, besides that the crisis argument was easier to prove wrong than the parent's. CRA was introduced 43 years ago, the 2008 crisis was 12 years ago, there is no reason to link them today.