Attention Investors:
Washington Watch
Here's Ydur Solution To
Tax-Free Monthly Income
For decades, investors have purchased municipal bonds for their safety, security and
tax-exempt income. Now, Morgan Stanley Dean Witter National Municipal Bond
Check-A-Month Portfolio (M-Camp®), offers you the opportunity to own a diversified
portfolio of high-quality municipal bonds.
"M-Camps" are professionally selected portfolios of six individual municipal bonds
providing monthly income. Most of the individual bonds are rated "AAA," the highest rat-
ing assigned by Moody's and Standard & Poor's. Although the bonds are purchased togeth-
er, they may be sold individually or collectively at any time.
• Attractive Tax-Exempt Yields
• Monthly Tax-Free Income
• Diversification
• High-Quality Securities
• No Annual Fees
• Daily Liquidity*
By purchasing six different issues with alternating coupon payments, you receive
monthly income that's tax-exempt. This income is free from federal taxation and in most
cases free from state and local taxes as well. For more information on Morgan Stanley
Dean Witter M-Camps, call the number below [or send in the coupon for details].
100 West Big Beaver Road, Suite 500
PAUL A. TOBY
Troy, MI 48009-4690
Vice President, Financial Advisor
800-776-8282 248-680-2243
Retirement Planning Specialist
248-680-0970 Fax
paul_toby@msdw.corn
MORGAN STANLEY DEAN WITTER
* If bonds are sold prior to maturity, prices may be higher or lower than the original
purchase price and actual yields may be higher or lower than the yields stated when the
original investment was made.
Dean Witter Reynolds Inc. is not a tax advisor. Investors are urged to consult with their
personal tax advisors regarding the effects of the new legislation on their situation as well
as the tax consequences of any investment decisions they may make.
Morgan Stanley Dean Witter is a service mark of Morgan Stanley Dean Witter & Co. and services are
offered through Dean Witter Reynolds Inc., member SIPC. © 1998 Dean Witter Reynolds Inc.
ATTN: Paul A. Toby
Morgan Stanley Dean Witter
100 West Big Beaver Road, Suite 500
Troy, MI 48099-4690
❑ YES, I am interested in consistent, reliable, monthly tax-free income.
Please send me more complete information on the Morgan Stanley Dean Witter
National M-Camp. I will read this information carefully before I invest or send money.
Name
Address
State
City
(
L
(
)
Zip
)
Business Phone
Home Phone
International
Collection
A simply unique
collection of furs,
sbearlings, cloth coats
.& dresses you'll only find
at Robert Mann
Furs & More.
(A
10/27
2000
32
248-855-9545
'
Telegraph at Maple • In Bloomfield Plaza
WASHINGTON WATCH
from page 31
institutions during the week of Oct. 7
that could be related to the Mideast
disorders.
Blast From Nader
Both major presidential candidates have
joined Congress in expressing strong
support for Israel in the wake of the
continuing violence in Israel, Gala and
the West Bank. Except for some bicker-
ing about oil policy, the current Mideast
mess has not been a campaign issue.
But Ralph Nader and his Green
Party are looking through a different
lens. This week, the former consumer
advocate issued harsh broadsides blam-
ing Israel for the disorders.
Ordinarily, that would be a matter
of little concern to Jewish activists,
since Nader is poised to win less than
4 percent of the vote on Nov. 7.
But with some political analysts now
claiming that Nader could be a spoiler
in six states — and perhaps nationally,
if the election is as close as some polls
suggest — Nader's harsh Middle East
positions have caused Jewish activists
to sit up and pay attention.
This week, the Association of State
Green Parties, the political umbrella
under which Nader is running, point-
ed the finger of blame at Israel.
The party "supports recent UN
Security Council Resolution 1322,
which deplores Israeli provocation at
Haram Al-Sharif and condemns the
excessive use of force against
Palestinians," according to an official
statement. "Israel's ongoing occupa-
tion of Palestinian land embodies a
fundamental challenge to international
peace in this era."
Some analysts say that Nader, a sec-
ond-generation Lebanese American,
has suddenly turned to foreign policy
to bolster support in the Arab-
American community, which could
play a major role in the outcome in
Michigan and several other states.
Last week, he told an audience in
California, ."When you look at the
violence, where is most of the vio-
lence? It's in the Palestinian territory.
Who are the victims of the violence?
Mostly Palestinian young men throw-
ing rocks. Who are the forces that are
producing most of the violence? The
overwhelming excessive use of force is
by the Israeli military."
He said that Palestinians "have a lot
of reasons for their rage."
The statement produced a quick
reaction from the National Jewish
Democratic Council (NJDC), which
called on Nader to "clarify his personal
views on Israel and Middle East for-
eign policy and repudiate the Green
Parry positions."
Ira N. Forman, NJDC's executive
director called the party's recent state-
ments "among the most anti-Israel
ever made on behalf of a presidential
candidate." Forman said that Nader
could "tip the balance" in a handful of
key states, including Oregon,
Washington, Minnesota, Wisconsin
and Michigan, putting them in to the
Republican column.
But Benjamin Ginsberg, a political
scientist at Johns Hopkins University,
said that Nader's impact on Nov. 7 is
likely to be much smaller.
"I don't think it's likely he will tip
the balance anywhere," he said. "The
stories that he can are coming mostly
from Nader press releases." He pre-
dicted that even many voters who tell
pollsters they support him will change
their minds on election day.
Ginsberg said that Israel bashing is a
natural for the third-party candidate,
whose meager support has been slip-
ping in recent weeks.
"He isn't planning to win the elec-
tion; he's just trying to increase his vis-
ibility. He has to say controversial
things to get attention — and the
media these days is prone to quote
anybody who says negative things
about Israel. I'm amazed it's taken
Nader so long to find this formula."
Trade With Jordan
The Mideast peace process may be
going up in flames and Jordanians
may be staging anti-Israel riots, but
ties between Jordan and the United
States continue to flourish.
That was evident at a Tuesday cere-
mony marking the signing of a U.S.-
Jordan free-trade agreement.
The agreement, which removes trade
barriers between the two countries,
puts Jordan in elite company; only
Canada, Mexico and Israel enjoy such
close trade ties with Washington.
Despite the deterioration in the
peace process — and the not-always-
helpful role of Jordan's King Abdullah
— Jewish groups generally back the
enhanced trade status.
"We've been supportive," said Jess
Hordes, Washington director for the
Anti-Defamation League. "Jordan has
been an important partner in the
peace process; we think it's critical to
the region's stability to help develop its
economy."
Environmental groups praised the
agreement as the first major trade
agreement to extensively address con-
cerns about the environment.
❑