Embryonic stem cell research - Need of the hour?

As I am writing this President Obama has signed an order lifting restrictions on stem cell research funding or if I put it more specifically, embryonic stem cell research. I cannot understand why is the President in such a hurry? Is he fulfilling all his promises to the public he made as a presidential candidate? Or is he trying to distract the public from the economic crisis? I am not sure. Warren Buffet who is called as the "worlds best investor"says today that the Economy has fallen off a cliff!! While the World Bank said that the economy is worst since the Great Depression.

What I want to know is if this is really necessary now in the present scenario? Lets get a few facts straight first. Federal funding was limited in embryonic stem cells research to a few existing stem cell colonies but this did not mean that stem cell research was illegal. Just like the recent reversal of anti abortion policy, it does not mean there were no abortions taking place in the country! The only difference is Federal funding. Now you have plenty of taxpayers money at your disposal for "research". And mind you, such research has been going on in other countries where there are no regulations on ES research for quite some time now. And do you want to know the outcome of so much of research? Let me quote from Wikipedia:

After nearly 10 years of research, there are no approved treatments or human trials using ES cells. ES cells being pluripotent cells, require specific signals for correct differentiation - if injected directly into another body, ES cells will differentiate into many different type of cells, causing a teratoma(ie a tumor) Because of their combined abilities of onlimited expansion and pluripotency. ES cells remain a theoritically potential source for regenerative medicine and tissue replacement after injury or disease.

Here is a recent news article about a boy who recieved ES cells:

http://news.bbc.co.uk/2/hi/health/7894486.stm

Here's another article from the National health service UK which warns patients against "rogue" clinics offering stem cells treatment:

http://www.nhs.uk/news/2008/12December/Pages/StemcelltherapyQA.aspx

Whats more interesting now is the recent advances being made in creating stem cells without using embryos:

http://news.bbc.co.uk/1/hi/health/7914976.stm

So what is the need of repealing a previous executive order dear President Obama? What do you intend to gain other than opening up a Pandora"s box? You said embryos can be got from couples who donate them willingly or from fertility clinics where there are plenty. Do you believe that human life is different from other forms of life dear President? Do you know that we are created in the very image of God? 

Are you trying to play God Mr. President?

Let me leave you with a word from the Scriptures. Any comments are welcome. 

For you created my inmost being;

you knit me together in my mothers womb.

I praise you because I am fearfully and wonderfully made;

your works are wonderful,

I know that full well. Psalms 139:13,14 (NIV).

God bless you

atoms4yhwh