Well that may be but your response to his challenge basically proves Aramikes point. Government programs once begun do not go away.

TALF (more of a Fed program, but still government related). The SBA's increased guarantee percentage on SBA 7(a) loans (went from 75% to 90% and now back to 75%). The Build America Bonds program. All of these are programs that have recently expired.

TALF: Still in operation although new loans have been currently suspended. They could restart issuing these loans at any time without Congressional approval.

SBA loans: Adjusting guarantee percentages on loans isn't ending a program.

Build America Bonds program. Bonds are still being issued under other government programs.

Again if that's the best you have to point at it still proves Aramikes point.

TALF is not accepting any new loans. Once the current crop is done, it's done. The program has been wound down. The chances of it restarting are nil.

If the point is spending on government programs never goes down, then the SBA guarantee percentage indeed counts.

BABs issuance is done - I have no idea what you're talking about. BABs are not being issued under any government program. You're absolutely wrong. Our municipal bond desk is about 50 feet away from me... I can go ask them if you like? http://money.cnn.com/2010/12/22/news...america_bonds/

Currently suspended.
Under adjustment
Different program now

So each of them is covered under ongoing evaluation of what is needed and what is not....which of course NEVER happens.:yeah:

So.....Indeed, it again proves Aramikes point wrong.

But spending has NOT gone down. The administration wants to increase the debt limit to previously unheard of levels. If the point is that government spending indeed does goes down then how can this be?

That's fine - but I am also at liberty to point out how trite your challenge is.

:ping:

Well put.

"If" being the important bit relating to that particular tangent
Is it? that depends on the point, it isn't well put if the "if" is wrong.


So no it isn't to the point which means it isn't well put:up:

So you need a Word of the Day too?

Hyperbole. :har::har::har::har::har:

No Aramike, you lost that avenue after your passing of this point.
You stitched yourself up:har::har::har::har::har:
Would you like that put in errrr......whats that word you can't understand.......context:rotfl2:

Wait ... hyperbole can only be used one time per thread? Sounds kind of like your understanding of the term "context".

:har::har::har::har::har:

Waste of time feeding the troll Mike.

At least don't quote him. The rest of us that have him on ignore would appreciate not having to see his trolling.

Good point, my bad. Actually I think I'll go ahead and put him back on my list as well. This time permanantly.