I think that's a headline on a Doug Goddard blog post!

Another CIO question is "Has Prism killed the US based Public Cloud Industry?"

Yes, the walled, prevention model is restricts flexibility. I'd like see some examples where security is value add instead of a constraint in an enterprise. Certainly for companies like Verizon, security has emerged as a new opportunity. Perhaps a CIO Question asking "how can security become a value add proposition instead of a  constraint in the enterprise?" would spark a good discussion. 

"How many times do we make decisions that increase security but radically decrease flexibility or visibility, for example?"

I hope the creators of the Government's PRISM program asked themselves that. Every time we increase security, there's a cost in flexibility and visibility.    

The four words here that jump out at me are "business functions that matter."

Interesting that you think financial institutions will close their data centers in a few years as they migrate to the cloud. Fact is customers would and should not know the difference.