skookerasbil
Platinum Member
- Thread starter
- #141
So are you saying you have evidence that the Community Reinvestment Act forced lenders to give money to these countries? I'm sorry, I looked but couldn't find what you're talking about.What I posted is all that was worth!SO, your reply is the equivalent of "I know you are, but what am I"
Well, the YOU can explain how the Community Reinvestment Act forced bankers to lend to deadbeats in Iceland, Ireland, Spain, Romania and even that capitalist bastion China
In his book "The Housing Boom and Bust", Thomas Sowell blames the CRA for the financial crisis. SO, please explain HOW the CRA forced bankers to lend to deadbeats in Iceland, Ireland, Spain, Romania and even that capitalist bastion China?
In his books, every claim he makes is meticulously backed up and supported...if you read the book, then you know exactly why he says what he says...if you didn't, then you are taking the word of someone who might have read the book, or like you, didn't and took someone else's word on what he said. Sowell doesn't lose debates...if you want to know what he said, then read the book and if you have a reasonable argument to the contrary, then make it. Pretending to have read something that you didn't just makes you look stupid.
SSDD.....there is a great YouTUBE vid of Sowell schooling Joe Biden on the floor of the Senate. Hysterical stuff. Check it out. Sowell is rarely challenged to debate.......because he brings hard evidence that blows up the rhetoric laced arguments of the far left. "Housing Boom and Bust" is a must read by the way......like all the works by Sowell, backed with HARD evidence.