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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: Henry Niman who wrote (16255)3/2/1998 10:21:00 PM
From: Hippieslayer  Read Replies (1) | Respond to of 32384
 
I don't know if you understood my message. Of the 30 billion dollars, your telling me that every dollar went to actual research? Henry, when a researcher writes a grant proposal and it is accepted, does all the money the researcher get go to his actual research?
And your telling me that no researcher ever used part of his research grant money for things other than his research?



To: Henry Niman who wrote (16255)3/3/1998 3:09:00 PM
From: Torben Noerup Nielsen  Respond to of 32384
 
>FUGAZI, You are out in left field with regard to funding. Cancer
>research is expensive and $30 Billion in 27 years is not a war, it's
>a very minor skirmish.

I agree wholeheartedly with Henry. Try comparing this amount with the amount of useless pork in one congressional budget. That will add some perspective. I don't like to mention military spending since I happen to believe that is a necessary evil, but you could also get a bit of perspective from evaluating this in terms of the number of stealth bombers it could pay for.

As to the comment about Stanford, as far as I recall, they took the government to court and won. That is, the accusations of the auditor didn't hold up.

Think what would happen if we spent $50 billion a year on cancer research for 10 years.... We might just wipe it out. And the social savings would be immense. Not to mention the returns we would get from selling the resulting products to everyone else. Odds are good that the accidental fall out products would be worth more than the cancer treatments in the end....

Cheers, Torben