The Kevin Trudeau Show: 5-12-12
If you thought the government was protecting you, the citizens, you were wrong…they are only looking out for the largest donors. Have no fear though, Trudeau has the solutions! Plus, the editor-in-chief of BigGovernment.com, Mike Flynn, joins KT and reveals whether or not Big Government is the answer!
Self Help:
Clean Your Drinking and Bathing Water
Protect Your Brain and Body
Become Financially Free!
Cure Yourself of Diabetes
Health:
Ice Cream and Burgers Control Your Brain
Unexpected Things in Drinking Water
How Harmful is High Fructose Corn Syrup?
Twenty Chemicals May Be In Your Milk
How Cursive Writing Affects Brain Development
Cell Phones Can Cause Cancer?!
Antidepressant Use During Pregnancy Linked to Higher Risk of Autism
Fluoride Consumption Leads to Brain Damage
Government:
Climate Chief Was Told of False Glacier Claims Before Copenhagen
Pfizer to Pay Record $23 Billion Penalty
Big Pharma Researcher Admits to Faking Research
Indiana Latest State To Drop Handwriting Requirement
Everything Kevin:
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United Kingdom Has Run Out Of Money
February 27, 2012 by admin
Filed under News Stories
February 27, 2012
Daily Telegraph
By Rowena Mason
In a stark warning ahead of next month’s Budget, the Chancellor said there was little the Coalition could do to stimulate the economy.
Mr Osborne made it clear that due to the parlous state of the public finances the best hope for economic growth was to encourage businesses to flourish and hire more workers.
“The British Government has run out of money because all the money was spent in the good years,” the Chancellor said. “The money and the investment and the jobs need to come from the private sector.”
Mr Osborne’s bleak assessment echoes that of Liam Byrne, the former chief secretary to the Treasury, who bluntly joked that Labour had left Britain broke when he exited the Government in 2010.
He left David Laws, his successor, a one-line note saying: “Dear Chief Secretary, I’m afraid to tell you there’s no money left”.
Mr Osborne is under severe pressure to boost growth, amid signs the economy is slipping back into a recession.
The Institute of Fiscal Studies has urged him to consider emergency tax cuts in the Budget to reduce the risk of a prolonged economic slump.
But the Chancellor yesterday said he would stand firm on his effort to balance the books by refusing to borrow money. “Any tax cut would have to be paid for,” Mr Osborne told Sky News. “In other words there would have to be a tax rise somewhere else or a spending reduction.
“In other words what we are not going to do in this Budget is borrow more money to either increase spending or cut taxes.”
The strongest suggestion of help for squeezed family budgets came from the Chancellor’s claim that he was “very seriously and carefully” considering plans to help lower earners by raising the personal allowance for income tax, a proposal that has been championed by Nick Clegg, the Deputy Prime Minister.
But he implied there would be no more help for motorists struggling with record petrol prices this spring. “I have taken action already this year to avoid increases in fuel duty which were planned by the last Labour government,” he said.
The Chancellor’s tough words were echoed by Liberal Democrat Jeremy Browne, the foreign minister, who warned that Britain faced “accelerated decline” without measures to tackle its debt and increase competitiveness.
In an article published today in The Daily Telegraph, he writes that Britain’s market share in the world used to be “dominant” but was now “in freefall” compared with the soaring economies of Asia and South America. “This situation has been becoming more acute for years,” he adds. “It is now staring us in the face. So we need to take action.”
Click here for the full report from the Daily Telegraph.
The Kevin Trudeau Show: 1-7-12
If you thought the government was protecting you, the citizens, you were wrong…they are only looking out for the largest donors. Have no fear though, Trudeau has the solutions! Plus, the editor-in-chief of BigGovernment.com, Mike Flynn, joins KT and reveals whether or not Big Government is the answer!
Self Help:
Clean Your Drinking and Bathing Water
Protect Your Brain and Body
Become Financially Free!
Cure Yourself of Diabetes
Health:
Ice Cream and Burgers Control Your Brain
Unexpected Things in Drinking Water
How Harmful is High Fructose Corn Syrup?
Twenty Chemicals May Be In Your Milk
How Cursive Writing Affects Brain Development
Cell Phones Can Cause Cancer?!
Antidepressant Use During Pregnancy Linked to Higher Risk of Autism
Fluoride Consumption Leads to Brain Damage
Government:
Climate Chief Was Told of False Glacier Claims Before Copenhagen
Pfizer to Pay Record $23 Billion Penalty
Big Pharma Researcher Admits to Faking Research
Indiana Latest State To Drop Handwriting Requirement
Everything Kevin:
Become An Insider!
Kevin is on YouTube!
Download Kevin’s iPhone App!
Sign Up For Kevin’s FREE Podcast
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Kevin’s Film Club
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A Congress of Cowards
December 20, 2011 by admin
Filed under News Stories
December 21, 2011
Op Ed News
By Rob Kall
“Can congress get anything right?” –KTRN
Congress is punting again, this time on the tax cut extension. This pattern, which has led to the lowest approval levels since measures of approval were taken, has become chronic. It’s really about the bulk of the members of congress being cowards who are intentionally destroying the balance of powers between legislative, Judiciary and Executive, so they can save their jobs.
Recent conversations with folks like Bruce Fein and Thom Hartmann have convinced me that the congress is staffed, predominantly by cowards who, in failing to make tough decisions, are destroying the three way balance between the executive, justice and legislative branches. Cowards who hand the decisions to the SCOTUS or the White House so they can save their jobs through the next congressional election cycle.
They avoid making tough economic decisions by creating bogus committees which also fail.
They defer on making hard votes on going to war, handing the power over to the White House.
They let the Supreme court ride roughshod over decisions made by elected officials. The despotic corporatists in the Supreme court were not elected. At least several are unethical and the congress does not impeach them. The congress could easily slap down the Supreme court and its excesses. It could even impeach those Justices who have sold out to corporations and foreign interests.
Click here for the full article.
The Kevin Trudeau Show: 10-15-11
If you thought the government was protecting you, the citizens, you were wrong…they are only looking out for the largest donors. Have no fear though, Trudeau has the solutions! Plus, the editor-in-chief of BigGovernment.com, Mike Flynn, joins KT and reveals whether or not Big Government is the answer!
Self Help:
Clean Your Drinking and Bathing Water
Protect Your Brain and Body
Become Financially Free!
Cure Yourself of Diabetes
Health:
Ice Cream and Burgers Control Your Brain
Unexpected Things in Drinking Water
How Harmful is High Fructose Corn Syrup?
Twenty Chemicals May Be In Your Milk
How Cursive Writing Affects Brain Development
Cell Phones Can Cause Cancer?!
Antidepressant Use During Pregnancy Linked to Higher Risk of Autism
Fluoride Consumption Leads to Brain Damage
Government:
Climate Chief Was Told of False Glacier Claims Before Copenhagen
Pfizer to Pay Record $23 Billion Penalty
Big Pharma Researcher Admits to Faking Research
Indiana Latest State To Drop Handwriting Requirement
Everything Kevin:
Become An Insider!
Kevin is on YouTube!
Sign Up For Kevin’s FREE Podcast
Follow Kevin on Twitter
Become Kevin’s Friend on Facebook
Kevin’s Film Club
Kevin’s Book Club
![]()
Take Trudeau on the Go! Click here to download this show to your iPod, mp3 player, or PC through iTunes!
Click Below to Watch the Kevin Trudeau Show LIVE!

Obama Challenges Republicans To Explain Opposition To Jobs Bill
October 7, 2011 by admin
Filed under News Stories
October 7th, 2011
The Washington Post
By:David Nakamura and Scott Wilson
After crisscrossing the country for weeks pushing his jobs plan directly to the American people, President Obama turned his attention to congressional Republicans on Thursday, promising to target them in 2012 if they stand in the way of his economic agenda.
“If Congress does something, then I can’t run against a do-nothing Congress,” Obama said in response to a question at a morning news conference. “If Congress does nothing, then it’s not a matter of me running against them. I think the American people will run them out of town, because they are frustrated, and they know we need to do something big and something bold.”
With his confrontational news conference at the White House, Obama brought back to Washington the fiscal debate that has been the source of bruising political warfare and left the American public disillusioned with their elected leaders during the economic crisis.
The president urged passage of the $447 billion American Jobs Act and warned Republicans who oppose the measure that they will have to explain their opposition “to me, and more importantly, to their constituencies” at a time of mounting economic uncertainty. He also endorsed a proposal from Senate Democrats for a surtax on incomes of more than $1 million a year to fund the jobs package, an idea that has already drawn opposition from the GOP.
Since unveiling the jobs package last month in a speech to Congress, Obama has touted provisions of it in appearances at schools, bridges and factories in eight states, most of them electoral swing states and some in GOP territory. On Thursday, the president spent most of the 73-minute news conference — just four minutes shy of the longest of his tenure — promoting the plan from a lectern in the august East Room.
As he has in his more feisty and partisan appearances outside the Beltway, Obama sought to highlight what he believes is Republican recalcitrance and the GOP’s role in the slowness of the economic recovery. He emphasized the support that elements of the proposal have received from both parties in the past. But the president also issued an explicit warning to Republicans that he would make any no vote a political issue in the emerging 2012 campaign.
“It’s fair to say that I have gone out of my way in every instance — sometimes at my own political peril and to the frustration of Democrats — to work with Republicans to find common ground to move this country forward,” Obama said. “Each time, what we’ve seen is games-playing, a preference to try to score political points rather than actually get something done.”
Despite Obama’s populist calls on the road for Congress to “pass this bill,” neither the Democrat-led Senate nor the Republican-controlled House has held a vote on the legislation.
The president vowed that if Congress does not approve the legislation as a package, he would seek to present the elements individually and demand an explanation for Republican opposition to each.
The warning represented one aspect of Obama’s emerging reelection message: That while he has worked to improve the economy, the Republican opposition has chosen a strategy focused on denying him a second term rather than putting the country back to work.
Republicans have countered that Obama’s government-centric approach to stimulating the economy is the wrong one during difficult economic times. The jobs proposal includes investments in education and transportation infrastructure, as well as tax cuts for small business owners that Republicans have said they might consider independent of the new spending provisions.
As Obama spoke, House Speaker John A. Boehner (R-Ohio) accused him of using the jobs plan as a campaign vehicle, telling an audience in Washington that “nothing has disappointed me more than what has happened in the last five weeks.”
“To watch the president of the United States give up on governing, give up on leading and just spend time campaigning,” Boehner said at the Washington Ideas Forum, an event sponsored by the Atlantic magazine. “We’re legislating. He’s campaigning. It’s very disappointing.”
Obama spoke of “the dings and bruises” he has suffered as a result of some of the steps he has taken since taking office in the hopes of pulling the country from a deep recession. A Washington Post-ABC News poll published this week found that four in 10 Americans “strongly” disapprove of the way Obama has managed the presidency. The poll also found that only 58 percent of Democrats believe Obama will be reelected.
Obama cited the damage to the American recovery caused by Europe’s fiscal turmoil, Japan’s devastating tsunami and the higher oil prices that have resulted from the Arab Spring. He also said the “debacle” of this summer’s partisan fight over how to raise the debt ceiling damaged the recovery.
“There is no doubt the economy is weaker now than it was at the beginning of the year,” he said.
But time and again he returned to his primary adversaries.
In what he called a “homework assignment,” Obama said near the end of the briefing: “Go ask the Republicans what their jobs plan is if they’re opposed to the American Jobs Act.”
Click here for the full report from The Washington Post
Tax Rate Adjustments To Pay for Obama’s Jobs Plan
September 13, 2011 by admin
Filed under News Stories
September 13th, 2011
The Raw Story
By: Stephen C. Webster
The president’s $447 billion plan for tax incentives and infrastructure spending to create new jobs would be paid for by adjusting the tax rates of wealthy Americans, such as hedge funds managers and corporate jet owners, laying the burden of continued economic recovery at the feet of those who’ve seen its only benefits over the last two years.
That’s according to Office of Budget Management Director Jack Lew, who told reporters at the White House briefing room on Monday that several of President Barack Obama’s previous budgetary proposals could be combined to pay for the plan.
The proposals would set tighter limits on individual deductions for single earners making over $200,000 a year and families with combined incomes over $250,000 a year, drawing their exempt income down from 35 percent to 28 percent.
It would also adjust how hedge fund managers’ incomes are taxed and eliminate tax deductions for corporate aircraft. Additionally, all subsidies for the oil and gas industries would be eliminated.
Director Lew said these adjustments would add up to $467 billion over the next decade, covering the jobs bill and wiping an additional $20 billion off the nation’s deficit.
The proposals are not new: President Obama has sought to make these changes in his past two budget requests, and in the Affordable Care Act. They have been repeatedly blocked by Republicans in Congress, who claim that raising tax rates on wealthy Americans would deter them from creating jobs.
However, in this case, President Obama’s proposals are largely made up of Republican ideas such as tax credits for small businesses that hire new workers. It remains unclear how Republicans will be able to use their ostensibly pro-jobs argument to resist their own proposals for creating jobs.
What is clear is that President Obama’s jobs proposals will face stiff Republican opposition in Congress thanks to the path the administration has chosen to secure funding, giving more rhetorical fire to those who say it is intended to support his reelection efforts as much as it is meant to boost the economy.
Still, it leaves the president in a politically strong position, as even the majority of Republican voters support raising the top-tier tax rates, which have been at historic lows since President George W. Bush’s first term.
Obama is also backed up by economic reality: As the president noted in his speech last week, corporate profits have indeed come “roaring back,” up 29 percent just from 2009-2010, yet hiring has not risen in tandem.
Recent polling shows an increased appetite for tax fairness among the American public, with a large majority agreeing that wealthy Americans should pay more to ensure the nation’s economic stability.
When the historic-low tax rates were extended for two more years in 2010 after a political battle that saw Republicans threaten to raise taxes on the poor and middle class, the president promised to make taxing the wealthy part of his reelection campaign.
While it does not directly touch upon the Bush tax cuts, the president’s jobs bill seems to be a clear step in this direction.
Click here for the full report from The Raw Story
Wealthy Tax Cuts to Expire
July 23, 2010 by admin
Filed under News Stories
July 23, 2010
The Wall Street Journal
By: Deborah Solomon
The Obama administration will allow tax cuts for the wealthiest Americans to expire on schedule, Treasury Secretary Timothy Geithner said Thursday, setting up a clash with Republicans and a small but vocal group of Democrats who want to delay the looming tax increases.
Mr. Geithner said the White House would allow taxes on top earners to increase in 2011 as part of an effort to bring down the U.S. budget deficit. He said the White House plans to extend expiring tax cuts for middle- and lower-income Americans, and expects to undertake a broader revision of the tax code next year.
“We believe it is appropriate to let those tax cuts that go to the most fortunate expire,” Mr. Geithner said at a breakfast with reporters.
His comments came as a number of Democrats, among them North Dakota Sen. Kent Conrad, have begun agreeing with Republicans and some economists who want to extend the Bush-era tax cuts for all earners, including couples earning above $250,000 and individuals earning above $200,000. Sen. Joseph Lieberman, a Connecticut independent, added his voice on Thursday, saying through a spokesman that he was “concerned about the impact of allowing the tax cuts to expire during our fragile economic recovery.”
Mr. Geithner said there’s “still some uncertainty about how strong the recovery is going to be,” which may be affecting spending decisions by businesses and individuals. He discounted that as a reason to extend the tax cuts for top earners, saying most private forecasts show moderate economic growth and increasing public confidence in the recovery.
Pressure is growing on the administration from a small number of Democratic lawmakers to extend all the Bush cuts, which include taxes on investment income and capital gains.
“I think given the fragility of the recovery, the timing is wrong for any kind of tax increase of this nature,” Rep. Gerry Connolly (D., Va.) said. “I know that puts me out of step with many in my own caucus, but it’s important for members to remember the top 5% [of earners] generates 30% of consumer spending.”
Mr. Connolly said there were “lots of conversations going on sotto voce” among House Democrats over whether to extend current tax levels for all earners, not just the middle class.
Federal Reserve Chairman Ben Bernanke told lawmakers Thursday the U.S. “should maintain our stimulus in the short term.” Extending the Bush tax cuts “is one way” of doing that, he said. “There are other ways as well.”
Many economists say raising rates on top earners could prompt consumers to rein in spending. A Goldman Sachs research report projects the expiration of the tax cuts could shave just under 0.5 percentage points off growth in 2011.
All the Bush-era tax cuts are set to expire at the end of this year, meaning Congress must act if it wants to avoid raising taxes across the board. Political strategists said that could give Republicans an edge, since they could essentially hold the entire package hostage unless Democrats agree to extend the cuts for high-income earners.
“The question is, do Republicans think they can get this to the end game, where Democrats face a choice of seeing an income tax increase on everybody,” said Tom Gallagher, a Washington-based analyst with ISI Group, a Wall Street research firm. He speculated that a compromise could include a short extension for higher earners.
A Senate Democratic leadership aide said as of now, neither a partial extension of the Bush tax cuts nor a full extension could win the 60 votes needed to break an expected Senate filibuster. Liberals would try to block a full extension. Republicans would try to block an extension of just the middle-class tax cuts.
House Majority Leader Steny Hoyer of Maryland planned to lay out Democrats’ agenda on the economy in a speech Friday. He is expected to criticize Republicans by lumping their support for tax cuts with their opposition to government regulation of Wall Street and the oil industry.
Even if Republicans and centrist Democrats succeed in winning an extension of current tax levels for the next year or two, taxes could be going up after that. A top Republican on President Obama’s blue-ribbon fiscal commission, Sen. Judd Gregg of New Hampshire, said tax increases are on the table in the bipartisan panel’s negotiations, along with spending cuts.
The administration estimates that allowing tax cuts to expire for upper-income earners would increase U.S. revenue by more than $800 billion over the next 10 years. It also plans to push to reinstate the estate tax to the 2009 level of 45%.
House Speaker Nancy Pelosi of California appeared to back Mr. Geithner in ruling out a compromise. “Our position has been that we support middle-income tax cuts,” she said at a press briefing. “The tax cuts at the high end have increased the deficit enormously and…have not created jobs in the eight years of the Bush administration.”
Unemployment an Emergency Expense?
July 23, 2010 by admin
Filed under News Stories
July 23, 2010
CBS News
By: Mike Knoller
In signing the bill restoring unemployment benefits to 2 million Americans jobless for more than 26 weeks, President Obama is also adding $34 billion to the deficit and the National Debt.
That’s the reason nearly all Republicans voted against the measure. They wanted the cost of the benefits paid for with unspent government funds or by other budget cuts.
The White House dismissed GOP concerns as partisan game-playing.
In two speeches over the last week, Mr. Obama argued that in the past, presidents and Congresses of both parties have treated unemployment insurance for what it is: an emergency expenditure.
“Suddenly, Republican leaders want to change that,” he said.
He portrayed Republicans as hypocrites for demanding that jobless benefits be paid for but not applying the same standard to their call for an extension of Bush Administration tax cuts that will expire this year.
“So after years of championing policies that turned a record surplus into a massive deficit, including a tax cut for the wealthiest Americans, they’ve finally decided to make their stand on the backs of the unemployed,” the president said last Saturday in his radio/internet address.
But Republicans were quick to remind Mr. Obama what he said after signing a previous extension of unemployment benefits on November 6th of last year.
“Now, it’s important to note that the bill I signed will not add to our deficit. It is fully paid for, and so it is fiscally responsible,” he said.
So eight months ago, he said paying for the benefits was the right thing to do, but now he sees no need to do so.
Asked about the contradiction, White House spokesman Robert Gibbs said he needed to examine what Mr. Obama said last November and would get back to this reporter. He didn’t.
But the issue will come up again just after the midterm elections.
The bill signed today extends unemployment benefits only through November 30th. So there’ll be another go-round on the same issue just around Thanksgiving.
Click Here For The Full Article
The Tax Nightmare Is On The Horizon
July 22, 2010 by admin
Filed under News Stories
July 22, 2010
Investors
Fiscal Policy: Many voters are looking forward to 2011, hoping a new Congress will put the country back on the right track. But unless something’s done soon, the new year will also come with a raft of tax hikes — including a return of the death tax — that will be real killers.
Through the end of this year, the federal estate tax rate is zero — thanks to the package of broad-based tax cuts that President Bush pushed through to get the economy going earlier in the decade.
But as of midnight Dec. 31, the death tax returns — at a rate of 55% on estates of $1 million or more. The effect this will have on hospital life-support systems is already a matter of conjecture.
Resurrection of the death tax, however, isn’t the only tax problem that will be ushered in Jan. 1. Many other cuts from the Bush administration are set to disappear and a new set of taxes will materialize. And it’s not just the rich who will pay.
The lowest bracket for the personal income tax, for instance, moves up 50% — to 15% from 10%. The next lowest bracket — 25% — will rise to 28%, and the old 28% bracket will be 31%. At the higher end, the 33% bracket is pushed to 36% and the 35% bracket becomes 39.6%.
But the damage doesn’t stop there.
The marriage penalty also makes a comeback, and the capital gains tax will jump 33% — to 20% from 15%. The tax on dividends will go all the way from 15% to 39.6% — a 164% increase.
Both the cap-gains and dividend taxes will go up further in 2013 as the health care reform adds a 3.8% Medicare levy for individuals making more than $200,000 a year and joint filers making more than $250,000. Other tax hikes include: halving the child tax credit to $500 from $1,000 and fixing the standard deduction for couples at the same level as it is for single filers.
Letting the Bush cuts expire will cost taxpayers $115 billion next year alone, according to the Congressional Budget Office, and $2.6 trillion through 2020.
But even more tax headaches lie ahead. This “second wave” of hikes, as Americans for Tax Reform puts it, are designed to pay for ObamaCare and include:
The Medicine Cabinet Tax. Americans, says ATR, “will no longer be able to use health savings account, flexible spending account, or health reimbursement pretax dollars to purchase nonprescription, over-the-counter medicines (except insulin).”
The HSA Withdrawal Tax Hike. “This provision of ObamaCare,” according to ATR, “increases the additional tax on nonmedical early withdrawals from an HSA from 10% to 20%, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10%.”
Brand Name Drug Tax. Makers and importers of brand-name drugs will be liable for a tax of $2.5 billion in 2011. The tax goes to $3 billion a year from 2012 to 2016, then $3.5 billion in 2017 and $4.2 billion in 2018. Beginning in 2019 it falls to $2.8 billion and stays there. And who pays the new drug tax? Patients, in the form of higher prices.
Economic Substance Doctrine. ATR reports that “The IRS is now empowered to disallow perfectly legal tax deductions and maneuvers merely because it judges that the deduction or action lacks ‘economic substance.’”
A third and final (for now) wave, says ATR, consists of the alternative minimum tax’s widening net, tax hikes on employers and the loss of deductions for tuition:
• The Tax Policy Center, no right-wing group, says that the failure to index the AMT will subject 28.5 million families to the tax when they file next year, up from 4 million this year.
• “Small businesses can normally expense (rather than slowly deduct, or ‘depreciate’) equipment purchases up to $250,000,” says ATR. “This will be cut all the way down to $25,000. Larger businesses can expense half of their purchases of equipment. In January of 2011, all of it will have to be ‘depreciated.’”
• According to ATR, there are “literally scores of tax hikes on business that will take place,” plus the loss of some tax credits. The research and experimentation tax credit will be the biggest loss, “but there are many, many others. Combining high marginal tax rates with the loss of this tax relief will cost jobs.”
• The deduction for tuition and fees will no longer be available and there will be limits placed on education tax credits. Teachers won’t be able to deduct their classroom expenses and employer-provided educational aid will be restricted. Thousands of families will no longer be allowed to deduct student loan interest.
Then there’s the tax on Americans who decline to buy health care insurance (the tax the administration initially said wasn’t a tax but now argues in court that it is) plus a 3.8% Medicare tax beginning in 2013 on profits made in real estate transactions by wealthier Americans.
Not all Americans may fully realize what’s in store come Jan. 1. But they should have a pretty good idea by the mid-term elections, and members of Congress might take note of our latest IBD/TIPP Poll (summarized above).
Fifty-one percent of respondents favored making the Bush cuts permanent vs. 28% who didn’t. Republicans were more than 4 to 1 and Independents more than 2 to 1 in favor. Only Democrats were opposed, but only by 40%-38%.
The cuts also proved popular among all income groups — despite the Democrats’ oft-heard assertion that Bush merely provided “tax breaks for the wealthy.” Fact is, Bush cut taxes for everyone who paid them, and the cuts helped the nation recover from a recession and the worst stock-market crash since 1929.
Maybe, just maybe, Americans remember that — and will not forget come Nov. 2.






