CGS-authored
The initial bad policy is the Bush administration's prohibition on federal funding for virtually all such research. The promise of cures for a host of debilitating and often fatal diseases - diabetes, Parkinson's, Alzheimer's - should give it the highest priority.
It's also understandable that some California voters will be tempted to use the measure as a way to stick their thumb in the president's eye. But is a voter initiative in one state - a state already burdened by heavy deficits - the best way to deal with an issue as complex as this? The total cost of the bonds, counting interest, is $6 billion.
California has tried to behave like a sovereign nation before. A generation ago, Gov. Jerry Brown even proposed...