Posts Tagged ‘CIRM’


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Will White-Coat Waste Live On?


Friday March 2nd, 2018   •   Posted by K. Lloyd Billingsley at 9:53am PST   •   1 Comment

The California Institute for Regenerative Medicine, created by Proposition 71 in 2004, promised life-saving cures for Alzheimer’s, Parkinson’s and other diseases. The $3 billion state stem-cell agency also assured voters that royalties from these cures and therapies would generate more than $1 billion. As David Jensen of the California Stem Cell Report notes, no…
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Stem Cell Scam Still Redistributing Money


Friday September 29th, 2017   •   Posted by K. Lloyd Billingsley at 2:20am PDT   •   2 Comments

The California Institute for Regenerative Medicine is about to give $7.9 million to UC Davis, already the recipient of $131 million from CIRM, which David Jensen of the California Stem Cell Report describes as an “Oakland-based stem cell agency.” Near the end of his report, he helpfully notes CIRM was created by the 2004…
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State Stem Cell Scammers Want Another $5 Billion


Wednesday May 3rd, 2017   •   Posted by K. Lloyd Billingsley at 9:34am PDT   •   0 Comments

Randal Mills is stepping down as president of the California Institute for Regenerative Medicine, but that’s not the news. The $3 billion state stem-cell agency is running out of money and according to David Jensen of the California Stem Cell Report, founder Robert Klein “is talking about asking California voters for another $5 billion.”…
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Wasteful Board of Equalization Makes Strong Case for Its Elimination


Tuesday April 4th, 2017   •   Posted by K. Lloyd Billingsley at 9:48am PDT   •   0 Comments

Last month we suggested that California’s Board of Equalization deserved a stop on the California Corruptour, modeled on the one now functioning in Mexico. The BOE, which does not equalize anything, has misallocated nearly $50 million in tax revenue. BOE members have been spending public funds to promote themselves, staging useless events, and dishing…
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Cronyism Rolls On in the Golden State


Monday February 27th, 2017   •   Posted by K. Lloyd Billingsley at 2:26am PST   •   0 Comments

As we noted, California has made it difficult for veterans to apply their medical skills in civilian life. Like many others, these veterans must contend with the labyrinth of state boards and commissions. According to the state’s Little Hoover Commission, a watchdog agency of sorts, one out of every five Californians must receive permission…
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Taxpayers Beware of Stem Cell Head Fake


Tuesday February 7th, 2017   •   Posted by K. Lloyd Billingsley at 5:17am PST   •   3 Comments

The California Institute for Regenerative Medicine (CIRM) is in the news again, but this time it’s not slick ad copy masquerading as journalism, with the goal of shaking down taxpayers for more money. This time its Joe Rodota, former cabinet secretary to Gov. Pete Wilson, and Bernard Munos of the Innothink Center for Research…
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Taxpayers Beware of Scam Cell Ad Copy


Tuesday January 17th, 2017   •   Posted by K. Lloyd Billingsley at 11:05am PST   •   1 Comment

For more than a decade, according to David Jensen of the California Stem Cell Report, the $3 billion California Institute for Regenerative Medicine “has given away money at a rate of $22,000 an hour, seven days a week, 24 hours a day.” Donald Kohn of UCLA got $52 million from CIRM, and his treatment…
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Double Jeopardy Waste in Reactionary California


Tuesday January 10th, 2017   •   Posted by K. Lloyd Billingsley at 9:01am PST   •   1 Comment

California imposes some of the highest income and sales taxes in the nation, and Governor Jerry Brown’s own budget team says the state could face a budget deficit of $4 billion by the summer of 2020. Even so, the governor maintains the statist view that there is always money for everything. The Golden State…
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State Stem Cell Bust Goes Begging


Thursday October 20th, 2016   •   Posted by K. Lloyd Billingsley at 5:10pm PDT   •   1 Comment

As David Jensen explains in the Sacramento Bee, California’s government stem cell agency, the California Institute of Regenerative Medicine (CIRM) is spending another $30 million “to dramatically speed approval of stem cell therapies and establish the Golden State globally in the much-heralded regenerative medicine field.” Down lower in the piece, in paragraph six, readers…
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Recalling California’s Stem Cell Bust


Tuesday May 17th, 2016   •   Posted by K. Lloyd Billingsley at 5:00am PDT   •   0 Comments

As John Tozzi and Michelle Cortez of Bloomberg report on the stem cell front, “press releases, popular media, and even some journal articles routinely inflate expectations for future therapies based on early findings that probably will never turn into cures.” Now the International Society for Stem Cell Research, representing more than 4,100 researchers, wants…
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