[extropy-chat] Prop 71: The New Gold Rush

[Giu1i0 Pri5c0]

Wired: Scientists around the country who study embryonic stem cells
may be mourning four more years of President Bush's restrictive
funding policy, but California scientists are throwing a party, and
top researchers in less-funded states are hoping for invitations.
In the Golden State, stem cell researchers will see a windfall of $3
billion over the next 10 years, averaging about $300 million a year,
thanks to the passage of Proposition 71, the California Stem Cell
Research and Cures Initiative. It shouldn't be difficult to entice the
best minds in the country to move to a place where their work is fully
supported by a state known for its mild climate.
California has found a way to supplant federal money with its stem
cell initiative, and it's the envy of the rest of the country's stem
cell researchers.
http://www.wired.com/news/medtech/0,1286,65588,00.html?tw=wn_tophead_1