[118508] in Cypherpunks
In-Q-It
daemon@ATHENA.MIT.EDU (Adam Shostack)
Thu Sep 30 10:24:52 1999
Date: Thu, 30 Sep 1999 10:05:59 -0400
From: Adam Shostack <adam@homeport.org>
To: Cypherpunks Mailing List <cypherpunks@cyberpass.net>
Message-ID: <19990930100558.A23553@weathership.homeport.org>
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
In-Reply-To: <v03007802b0e49dbe049b@[168.161.105.216]>
Reply-To: Adam Shostack <adam@homeport.org>
Given the number of startups that fail anyway, In-Q-It has got to be
the best payola machine the CIA has ever invented. They're using a
cutsey name to avoid the scrutiny that Americans ought to be sending
their way, such as 'why the government thinks that it can build
companies better than the private sector?'
I mean, the reason that people join startups is (usually) stock, and
the government proposes to build companies to serve markets that are
uneconomically small. Of course, if In-Q-It companies can sell
overseas and to the public, then that changes, but would you buy your
spy technlogy from the CIA? If it doesn't change, then no Q company
will ever go public, get bought, or otherwise provide a useful
return.
So, In-Q-it is, at its heart, a money laundering machine. How do we
get FINCEN on this? :)
Adam
--
"It is seldom that liberty of any kind is lost all at once."
-Hume