If we interpret November's news correctly, Mario M. Cuomo, New York's contemplative governor, will overcome his intense distaste for losing and run for the presidency. He hasn't told The Bond Buyer, but look at what has happened this month.

On Nov. 5, a little-known Democrat, Harris Wofford, trounced Richard Thornburgh, the former attorney general under Ronald Reagan and George Bush, in a race for the Senate in Pennsylvania. The vote shouted to Washington to pay attention to the economy. The Federal Reserve heard the message and cut the discount rate the next day. Quite suddenly, the electorate showed it was fed up and President Bush seemed beatable. Gov. Cuomo saw it all.

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