I agree with you...all this damn money and time going into embryonic stem cell research could be going into adult stem cell research that is yielding treatments NOW...not years or decades in the future and without the Nazi-like experimentation that goes with it...
There is a monetary reason for the whine for embryo stem cell research: if embryos can be harvested for their stem cells and the stem cells directed into the tissue lines the researchers seek, then with human cloning, tissue and organ banks matched to broad genetic groupings (a very profitable endeavor with patients dependant upon same for cures) will be controllable and enormous profit awaits.