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This is not a math lecture but...

$295 Million times 10 = $2.95 Billion not Trillion.

It does not surprise me that California citizens could or would support an
initiative that would bankrupt the state but I doubt if this one would even
if it does pass.

Frank

----- Original Message -----
From: "John Cottingham"
<[log in to unmask]>
To: <[log in to unmask]>
Sent: Thursday, September 23, 2004 5:44 AM
Subject: Re: Bush Administration Sanitizes UN Speech To Remove Cloning Ban
Remarks


> Ray, from what I read from the below news release, it could be affected
"if" the Costa Rica treaty is approved today at the UN and countries ratify
it by what ever methods countries use to ratify treaties.
>
> If for example the treaty, as proposed, is ratified by the U.S. Congress,
any cloning .... even in the petri dish will be criminalized.
>
> The reality of it all is probably the Costa Treaty proposal will be
modified to permit therapeutic cloning along with more cloning of "Dolly the
sheep" which is permitted in the present proposal.
>
> Another caveat is the way Prop questions are proposed in California.
Propositions can be proposed by petition in California, appropriating money
without the oversight of the legislature and govenor, potentially
bankrupting the state. The cost of this proposal is 2.95 trillion dollars
over a 10 year period.
>
> BTW President Bush's support to the Costa Rica treaty wasn't widely
reported. The wire stories of the speech contained the White House version
that omitted the cloning remarks. The copies supplied the delegates must
have been edited also.
>
> Start of press release
>
> Under the measure, which will appear on the Nov. 2 statewide ballot, the
California Stem Cell Research and Cures Initiative, organized by the
Californians for Stem Cell Research and Cures, would provide $295 million in
state funds annually for 10 years to one University of California campus, as
well as institutes and companies in the state that conduct embryonic stem
cell research.
>
> The initiative would provide grants and loans to organizations that use
stem cells derived from human embryos that are less than two weeks old. The
measure also would create a 29-member panel -- appointed by the governor,
University of California chancellors and other officials -- that would
determine allocation of the grants, which would be provided only to
California organizations.
>
> If the ballot measure is successful, California would become the first
state to publicly fund embryonic stem cell research, which some scientists
believe could lead to treatments or cures for diabetes, Alzheimer's,
Parkinson's, multiple sclerosis and other diseases. However, some opponents
say the research is immoral because it requires the destruction of human
embryos (Kaiser Daily Reproductive Health Report, 9/1).
>
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