You missed the boat completely. Not modding down because this is an easy cognitive error to make, and I just hit you with a wall of text that does need better editing.
I just said that the model of "basic research" is WRONG. You can't throw billions at individual groups, each eating away a tiny piece of the puzzle doing basic research and expect to get a working device that fixes the real problems.
You'll get rafts of "papers" that each try to inform the world about some tiny element about how things work, but fail miserably in their mission for a bunch of reasons.
Instead you need targeted, GOAL oriented research, and a game plan to win. When groups learn things, they need to update a wiki or some other information management tool with what they have found out and how certain they are correct - not hide their actual discovery in a huge jargon laden paper with 50 references at the end.
Fair enough - you don't believe in research that isn't directed at a particular problem (aka basic research). That's totally independent of your criticism of "cheap trick" biomedical research - which is a structural function of the fact that companies who make their money providing "cheap tricks" are the ones doing most of the funding. And I stand by my assertion that your references to other irrational funding priorities is a massive distraction from your point.
In general, I think we are a lot farther from solving the problem than you seem to acknowledge. It isn't that someone knows how to cure/fix cancer but isn't being funded. It's that Science as a whole has no idea what might work.
From Gene Expression by Razib Khan who some of you may also know from the old gnxp site or perhaps from his BHTV debate with Eliezer.
Link to original post.