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Proposition 71: The New Gilded Age

When the creators of Proposition 71 spent tens of millions buying a constitutional amendment in California to permit human cloning research, they promised CURES! CURES! CURES! And what are people spending hundreds of millions of dollars of borrowed money on? EXPENSIVE FANCY BUILDINGS! EXPENSIVE . . . . Continue Reading »

Dark Clouds on CIRM Horizon?

The deconstruction of the CIRM, enacted by California, is earnestly to be wished. That won’t happen, but at the very least, given its many troubles, a good reorganization is needed. That is apparently the idea behind a bill in California. From the story in Entrepreneur.Com (no link):California . . . . Continue Reading »

CIRM Executives Up for a Big Fat Raise

California is in the midst of a financial meltdown. Red ink is spilling down the stairs of the Capitol. But of course, none of this affects the fiefdom that is the California Institute for Regenerative Medicine created by Proposition 71. As I wrote during the campaign, under its terms half the state . . . . Continue Reading »

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