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Smart Talk is a daily, live, interactive program featuring conversations with newsmakers and experts in a variety of fields and exploring a wide range of issues and ideas, including the economy, politics, health care, education, culture, and the environment.  Smart Talk airs live every week day at 9 a.m. on WITF’s 89.5 and 93.3.

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Host: Scott LaMar

RST: How will shutdown affect financial markets; Breast Cancer news

Written by Scott LaMar, Smart Talk Host/Executive Producer | Oct 2, 2013 3:04 PM

What to look for on Radio Smart Talk, Thursday, October 3, 2013:

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The stock market is usually the first place Americans look to determine whether the day's economic news is good or bad.  The financial markets don't tell the whole story but for many, how investors are reacting to the day's events is a reliable preliminary economic indicator.

Based on that simple formula, the markets are not reacting well this week to the federal government shutdown that began early Tuesday morning.

On Wednesday, the Dow Jones industrial average fell 58 points but it was down as much as 147 points earlier.  The Standard & Poor's 500 index fell a point and the Nasdaq composite fell three points.  A less than robust jobs report may have influenced the drops but the shutdown has been felt.

This comes after predictions were made that a shutdown would harm the nation's economy.  Has it gotten to that point yet?

We'll get some answers on Thursday's Radio Smart Talk with Tracy Burke, an Investment Consultant at Conrad Siegel Advisors.

Also, October is Breast Cancer Awareness Month and the 20th anniversary of the Pennsylvania Breast Cancer Coalition.

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The group's founder and president Pat- Halpin-Murphy will appear on the program to discuss the latest news in breast cancer research and legislation.



Tracy Burke

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Comments: 4

  • Radio Smart Talk img 2013-10-03 08:41

    An email from Debra:

    I have family members who believe that financial armegedon is near. They believe that the currency is not backed and that our debt will crush us and the currency will be worthless.

    They believe only in investing in gold. They have gone so far as to become survival preppers for this event.

    Is this legitimate or just scare tactics?

  • Deborah Mallek img 2013-10-03 08:48

    National Cancer Institute
    at the National Institutes of Health
    Cell Phones and Cancer Risk

  • Deborah Mallek img 2013-10-03 08:50

    National Cancer Institute
    at the National Institutes of Health
    Cell Phones and Cancer Risk

  • Robert Colgan img 2013-10-03 09:41

    Regarding the breast cancer segment:
    Pat's answer to my question of the status of Dr.Meyer's work at PSU Hershey with a cancer cell-killing virus (which the Breast Cancer Coalition granted 100K) was a non-response.
    Either Meyer's discovery has merit, is being corroborated and replicated, or it isn't . . . . but Pat said that there has been a downturn in cancer research funding and even the sequester has hurt the research ---- which makes me think there is something far more sinister going on:
    I have seen in this country the virtual hijacking of medical care, including research, by those who stand to profit most from sickness and disease.
    Big PHARMA is not interested in "cures" but is interested in finding ways to prolong illnesses or have them resurface---in order to sell drugs for profit.
    Doctors, therapists, hospitals, clinics, etc have a vested interest in helping people become well....but equally an interest in making profits from those who are ill.
    Cancer detection, treatment(surgical/chemical/radiological) and follow up has become a much larger industry in the last 20 years...

    Think about it: if everyone were healthy, if there were simple effective treatments for most ailments that everyone knew and practiced to stay well------- a huge chunk of the US economy would go belly up.

    USA medicine in all its manifestations is more than 1/6th of the GNP.

    I am not saying that there is a collusional effort to block those treatments which could be absolutely miraculous while at the same time cost-saving (Meyer's work involves a common intestinal virus)
    but I am saying that such non-profiteering "cures" represents a threat to the established order and all those whose incomes depend on people having illnesses requiring expensive intervention.

    We have a very screwed up system here: when profits and greed dictate the maintenance of dysfunction...: the playing field and game rules get tilted, and tend to stay askew.

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