This episode's headline: Election Preview; City Hall Stakes; Winds of Change; After the Program. The guests include MARK SHIELDS, Washington Post; KEVIN PHILLIPS, American Political Report; EARL CALDWELL, New York Daily News; NEAL PEIRCE, National Journal; CORRESPONDENTS: FRED DE SAM LAZARO; CHARLES KRAUSE; TOM BEARDEN. Byline: In Washington: JAMES LEHRER; In New York: CHARLAYNE HUNTER- GAULT