[vadansky]

>>He then shows data that the anti discrimination legislation increased black default rates and questions whether you encouraging minorities to declare bankruptcy and enter financial ruin is really something to be desired.

>Sowell talked about the CRA and was proven wrong by multiple studies, like this one, which has a section dedicated to how the CRA wasn't a problem: https://www.responsiblelending.org/mortgage-lending/research....

So you agree the document you linked doesn't disprove what the other poster said? No one has brought up the 2018 housing crisis.

[deiznof]

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]

>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]

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]

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]

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]

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.