Case in point: US Loses SWIFT Wire Transfer System to Europe. Again.
Case in point: FBI invades tourism industry. Again.
FBI’s Data-Mining System Sifts Airline, Hotel, Car-Rental Records Threat Level Wired.com
Case in point: Google Street View challenged in U.K.
Companies have choices as to where they operate from, where they base themselves, and where they pay taxes. Jurisdictions have to compete to get the 'customer'. Arrogance is not paying off. US lawmakers may need to get out more often to see what the competition is offering.