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OH MY GOD... The OP brought up that Sowell said that anti discrimination legislation increased defaulting and bankruptcy. Thomas Sowell literally wrote an enti

OH 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 ago
So 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 ago
  Yes, 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 ago
    Can 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 ago
      https://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 ago
        Damn, 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 ago
        If 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 ago
        Nah, 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.
        deiznof 6y ago
        My entire point the whole way through was about Sowell being wrong about the CRA, and it literally doesn't matter when it was introduced. It was an example of anti discrimination legislation regarding loans that Sowell has directly commented on, what other example should I use?
        vadansky 6y ago
        Parent's argument can still be correct even though the CRA did not cause the housing crisis. Those are unrelated. The first argument might be correct and the CRA increases defaults by giving loans to people who can't afford them, and still there was a regulatory failure with firms rubber stamping bad debts as AAA and packaging them up in 2008.

vadansky 6y ago

So 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 ago
Yes, 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 ago
  Can 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 ago
    https://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 ago
      Damn, 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 ago
        If 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 ago
        Nah, 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.
        deiznof 6y ago
        My entire point the whole way through was about Sowell being wrong about the CRA, and it literally doesn't matter when it was introduced. It was an example of anti discrimination legislation regarding loans that Sowell has directly commented on, what other example should I use?
        vadansky 6y ago
        Parent's argument can still be correct even though the CRA did not cause the housing crisis. Those are unrelated. The first argument might be correct and the CRA increases defaults by giving loans to people who can't afford them, and still there was a regulatory failure with firms rubber stamping bad debts as AAA and packaging them up in 2008.