And on that note, here's my idea of the day: Cap and Trade Hacking Credits.
How it works: You set up a government agency which will validate economic espionage. When they find it, they give the affected company a Cap and Trade Hacking Credit for some value of penalty. The company can choose to either apply these directly as a tariff against one of their competitors from the offending country, or sell them to another domestic company. -dave On 11/10/11 11:04 AM, Dave Aitel wrote: > > HARWOOD: Governor Romney, was it a mistake for Governor Schwarzenegger > to hire the firm in China to build portions of that bridge? > > ROMNEY: Well, that's a -- a long answer to that, because what China is > doing is not playing fairly by the rules that exist in our -- in the > WTO and the world. China is, on almost every dimension, cheating. And > we've got to recognize that. It is good for America... > > (APPLAUSE) > > ROMNEY: It is good for America to have free trade. It is good for us > to be able to send our goods and services around the word and vice versa. > > HARWOOD: So a good decision to build the bridge over there? > > ROMNEY: That is normally a good thing. But China is playing by > different rules. One, they are stealing intellectual property. Number > two, they're hacking into our computer systems, both government and > corporate. And they are stealing, by virtue of that as well, from us. > > And finally, they are manipulating their currency, and by doing so, > holding down the price of Chinese goods, and making sure their > products are artificially low-priced. It's predatory pricing, it's > killing jobs in America. > > If I'm president of the United States, I'm making it very clear, I > love free trade. I want to open markets to free trade. But I will > crack down on cheaters like China. They simply cannot continue to > steal our jobs. > > (APPLAUSE) > > > > Read > more: > http://thepage.time.com/2011/11/10/cnbc-transcript-of-your-money-your-vote-republican-presidential-debate/#ixzz1dJq8jZU7 > > > GINGRICH: Well, there are two things here. And let me say in advance > that I would yield in part to Governor Huntsman, because he speaks > fluent Chinese, he has worked in China, and he's been the ambassador. > And I'd be curious to get his reaction. > > But there are two different parts here. The problem with building the > bridge is simple. What -- what is it about American regulations, > American taxation, American labor cost and attitudes that makes it > cheaper to go to China than to go to the United States? Now, we... > > (APPLAUSE) > > ... first of all, you've got to decide, how are we going to be more > competitive and how are we going to be the lowest cost? And there's a > new Boston consultant (ph) that says, by 2015, South Carolina and > Alabama will be cheaper than the Chinese coastal provinces to > manufacturing. > > Second, in terms of dealing with China strategically, I think we're > going to have to find ways to dramatically raise the pain level for > the Chinese cheating, both in the hacking side, but also on the > stealing and intellectual property side. And I don't think anybody > today has a particularly good strategy for doing that. > > > > Read > more: > http://thepage.time.com/2011/11/10/cnbc-transcript-of-your-money-your-vote-republican-presidential-debate/#ixzz1dJqHbruk > -- > INFILTRATE 2012 January 12th-13th in Miami - the world's best offensive > information security conference. > www.infiltratecon.com > > > _______________________________________________ > Dailydave mailing list > [email protected] > https://lists.immunityinc.com/mailman/listinfo/dailydave -- INFILTRATE 2012 January 12th-13th in Miami - the world's best offensive information security conference. www.infiltratecon.com
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