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Stop trying to change your argument.
You said that Sowell debunked loan discrimination, pure and simple.
I call you on how idiotic that idea is and now you're saying that he just said that certain studies were flawed.
I crush that one and now it's, "well, he just said certain assumptions"
I have an idea for you, figure out which one it is and get back to me.
The way things you look now, you're doing one of the following:
1. Trying to change your story because you can't win the argument.
2. Trying to figure out how to get out of having gotten caught misquoting someone to win an argument.
3. Are avoiding just going and getting the exact text which you claim that is out there, but that no one knows and no one can talk about because you know that will get shot down too.
If I was truly "mis-reading" all you had to do was to just get the damn text and quote it here, something that is VERY easy to do.
But you've done nothing but back pedal.
Wonder why.
I'll do it for you - Sowell claimed that loan discrimination was virtually nonexistant after looking at one study done by the Boston Federal Reserve that he claimed didn't factor in credit histories, net worth, income and the size of the loan.
Thing is - there are dozens of studies that prove that loan discrimination IS alive and well - that DID factor in Credit History, Income, Net Worth, etc.
After all, many studies have shown that a Black Man with double the income, better credit and a higher networth than a White Man with 1/2 the income & worse credit, will get the same loan as that White Man.
Looks like ole' Sowell is guilty of the same intellectual dishonesty or lack of due dilligence that he accussed others of.
I guess he also missed the part where it was shown that the best way to reduce loan discrimination is to have more Blacks in Mgt. (as opposed to loan officers) as the people originating the loans have less fear that they'll face any repermands.
Automated credit scoring helps too.
-M2
The Blog: http://www.analyticalwealth.com/
An assassin’s life is never easy. Still, it beats being an assassin’s target.
Enjoy your money, but live below your means, lest you become a 70-yr old Wal-Mart Greeter.
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