Science fiction attaches itself to the idea that embryonic stem cells are the fountain of youth. Actors are duped into proposing public research into these experiments, and the hucksters line up.

Notwithstanding the hype about regenerative medicine, since when should taxpayers be forced into experimental medical research? Should not that be the realm of private industry?

The junk scientists that have been totally funded 6-billion dollars by California taxpayers promised wonderful cures using embryonic. Originally it was a 3-billion dollar funding that has turned into 6-billion over a period of ten years. Turns out those scientist admit they may find nothing until after 10-years research. With all that public money at stake, scientist are tripping over themselves rushing to California to get in on the deal.

The truth is public money is worst than private money in that there are no checks and balances when it comes to how the money is spent. Government money is notorious for not using their entrusted cash efficiently for delivering results. Private money has an obligation to produce profits for shareholders.

To date 72 treatments have emerged from adult and umbilical stem cell research – all funded by private funds. From embryonic stem cell research nothing has resulted!

Back to California. The taxpayers are saddled with extra debt that has no immediate benefit and got victimized by a slick promotion campaign. But sunny California does get the notoriety of having the largest collection of cash slated for embryonic stem cell research anywhere on earth.