>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.
Stop the Sowell worship. Please, internet, for the love of god. He will always talk about how everything that democrats do is bad and everything conservatives do is good. He isn't right on everything all the time.
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...
Stop the Sowell worship. Please, internet, for the love of god. He will always talk about how everything that democrats do is bad and everything conservatives do is good. He isn't right on everything all the time.