Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: SecularBull who wrote (647576)	10/18/2004 8:58:32 PM
From: stockman_scott	Read Replies (1) \| Respond to of 769670

Governor Schwarzenegger endorses stem cell research By PAUL ELIAS, AP Biotechnology Writer Monday, October 18, 2004 (10-18) 16:35 PDT SAN FRANCISCO (AP) -- Gov. Arnold Schwarzenegger broke with the state Republican Party on Monday and endorsed Proposition 71, a $3 billion bond measure that would fund human embryonic stem cell research. Schwarzenegger endorsed the measure while answering reporters' questions at Point Lobos State Reserve in Monterey County, where he was presented with a plan to protect California's coastline. "I'm very much interested in stem cell research," he said. The endorsement was highly sought by the Yes on 71 campaign, but comes at some political risk for the governor. During last year's recall election, Schwarzenegger campaigned against California going deeper in debt. But he then promoted a $15 billion bond deal that voters approved in March. If Proposition 71 is passed, it will provide California researchers with nearly $300 million annually for 10 years but cost a total of $6 billion to pay back over 20 years. The endorsement will also put him at odds with the state Republican Party, which officially opposes Proposition 71, and perhaps even the Bush administration -- which has limited funding of the research. On the other hand, Schwarzenegger has said he supports the technology. His father-in-law, Sargent Shriver, is in the early grips of Alzheimer's disease, which Proposition 71 supporters say could someday be treated by stem cells. Stem cells are created in the first days after conception and are the building blocks of life. Some researchers hope to turn stem cells into replacement tissue to treat a variety of disease and injury. But many social conservatives oppose the research because it involves destroying microscopic embryos. URL: sfgate.com