|  |        I envision rates rising regardless of who wins. And here's why. All
    3 major candidates favor business expansion to jump start the economy,
    and Mr. Bush perhaps too much with the "free trade agreements". But never 
    the less, I believe expansion will happen. Perhaps a tax increase of sorts 
    will motivate payment for business expansion. And when an expansion grabs 
    hold more and more businesses will be inclined to expand their individual
    enterprises (via bank loans). Banks are in business to make money not
    to be a benevolent caring partner. When demand for loans escalates,
    guess what?, the interest rates rise with the demand. And XYZ Co. will
    want a piece of the action and will try to get in under the wire before
    the next rate increase along with many other businesses. The banks are
    loving this by this time and seek to increase profits even more by
    raising rates again, and now ABC Co. wants in before the next rate
    increase, and the upward spiral feeds itself. To not collapse the
    system, a safe zone will be reached perhaps around 10-11%. 
    
       My disclaimor is that this is my opinion and is not based on any 
    historical facts or previous administrations' events, or financial 
    principles, just common sense.
    
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|  |     While not exactly a reply to the base note (although it's related)
    I heard this on the radio this morning.
    
    	Clinton has an 11 point margin, down two points from last
    	week.  Perot is up two points, while Bush's performance is
    	flat.
    
    It's starting to sound more like a stock market report and less
    like an election.
    
    Martin H.
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