the case against Cloud Computing

Ten Reasons Why Cloud Computing is a Bad Idea

Cloud Computing makes your IT excessively dependent on the Internet
Cloud Computing will attract clients mainly from Western markets
Cloud Computing makes you dependent on the goodwill of your ISP
Cloud Computing can expose you to the unethical practices of your ISP
Cloud Computing is against the spirit of Personal Computing
Cloud Computing makes your Cloud Data subject to American law
Cloud Computing can expose your Confidential Data to “Corrupt Elements” (and no, I am not talking about hackers and identity thieves)
Cloud Computing is sounding more like a Lobby than a Trend
Cloud Computing may not contribute to your national economy
Update (An Eleventh Reason?): Cloud Computing may not be as reliable as touted.
Update (a Twelfth reason?): Michael Chertoff Loves Cloud Computing
Update (A Thirteenth Reason?): Like it or not, Cloud Computing is being forced down your throat