Saturday, November 11, 2006

WHAT FATS DIDN'T TELL US

Fats Limbaugh routinely makes two points against embryonic stem cell research: (1) it should be privately funded; (2) the fact that so little private money has been invested tells us that the research isn't very promising.

What he didn't tell us about the Missouri proposition is that its major backers are private.

POST-DISPATCH JEFFERSON CITY BUREAU
10/17/2006

More than 97 percent of the money, or $28 million, has come from Jim and Virginia Stowers, founders of American Century mutual funds. After surviving cancer, the two donated more than $1.5 billion to form the Stowers Institute, which seeks to find cures for disease through stem cell research.

The Stowerses have declined interviews throughout the campaign. On Monday, the couple's spokesman described their political spending as an extension of their philanthropy.

"They are cancer survivors who are able to fund research that benefits the whole of Missouri," said David Welte, a Kansas City lawyer who represents the couple.


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