Foreign spies are in our country for many bad reasons. Spies target defense secrets and seek to penetrate the decision-making process of our government leaders. They also gain unauthorized access to information held by our nation’s corporations. In this time of serious economic crisis this aspect of the threat from foreign spies is particularly troublesome. Spies contribute to the problem’s we face in the economy. Today one of the most damaging things spies do is steal the trade secrets and intellectual property of our corporations and research labs. The intellectual property they steal is moved overseas where other countries (and companies inside those countries) can benefit from the investments we make in research and development. This hurts our economy in many ways. It causes the value of our research and development to be significantly sub-optimized. It hurts the ability of our companies to compete in the global market place. It causes more jobs to go overseas. It can threaten the survival of companies which of course hurts both investors and employees. This is all bad for the economy. And its all WRONG! …
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