All people should have the right to life so it should be available to all.
There is no difference between saving lives and extending lives. So we cant just deny old people cures because they are old.
Well with Genetic engineering and Nanotechnology we could actually overcome problems such as what you mentioned. There are some great research going on already.
I dont know if you actaully seen any my posts on the actual rate of Technological change?
I'll quickly go through them:
QUOTE
Knowledge
Knowledge used to double every 1500 years. Now its estimated that knowledge in the medical community is doubling at a much faster rate, its doubling at a rate of around every 2 years. :
The reason its doubling so much quicker is becuase we are seeing a rapid convergence of biotech, informtion tech and nanotech.
At some point in the near future its expected that we may be doubling knowledge every 6 months in the NEAR future and by 2010 about every 50 days
An analysis of the history of technology shows that technological change is exponential, contrary to the common-sense "intuitive linear" view. So we won't experience 100 years of progress in the 21st century -- it will be more like 20,000 years of progress (at today's rate)"

Now back to the future: it's widely misunderstood. Our forebears expected the future to be pretty much like their present, which had been pretty much like their past. Although exponential trends did exist a thousand years ago, they were at that very early stage where an exponential trend is so flat that it looks like no trend at all. So their lack of expectations was largely fulfilled. Today, in accordance with the common wisdom, everyone expects continuous technological progress and the social repercussions that follow. But the future will be far more surprising than most observers realize: few have truly internalized the implications of the fact that the rate of change itself is accelerating
These trends are real and are happening, because we live in a linear world we dont see them right now, as the exponential grow increases we will start to take notice of how quick change is actually happening. It could be very exposiv... meaning things could change overnight, hard to believe eh?
Nanotechnology promises to litrually make everything extremely cheap, Im assuming you have read a lot about nanotechnology but its about manipulating atoms. If a Nano assembler is ever built then we could build things atom by atom and re-arrage them... As you know depending on how you re-arrange the atoms results in what you get. So Food would not be a problem. Imagin something like Star treks little device, where they ask for something and the it appears a few seconds later. Simular to that!
So If full blown nanotechnology were ever to develop, Money would actually become useless.
Space applications are already being researched to use Nanotechnology and its going to be a very important technology... With nanotech space could be colonized extremely rapidly...
heres a Nanofactory
http://www.foresight.org/NanoRev/nanofactory.htmlYou could create whatever you want, You could create a whole MILITARY overnight, Create starships in a few hours... Sound like science fiction?
well there are real debates on how disruptive this technology will be and yes its coming and being researched... it also doesnt break any physical laws and has been simulated. If it could be built... which it will when nanotech matures, then there will be massive change, thigns could get very bad or very good.
You just simply feed it the raw materials and it will build you whatever you want. whether it be, food, water, car, spaceship, a house... I dont know, whatever you can bring up in your imagination.
nanotech is expected to be a trillion dollar market by 2012 and its expected to be bigger than every industrial revolution put together
So we could actually build these facilities for people and Colonization of planets could also happen quite quickly with this sort of technology