Gant Redmon of Co3 Systems has an interesting take on the differences in U.S. and EU privacy regimes in a Security Week column entitled, "Privacy:  Why Europeans Think You're Inadequate."  In his column, he addresses three key issues:  "First, what does privacy mean to folks in the US versus the EU? Second, how has history played a role in defining privacy in the US and EU?  And third, what financial incentives does the EU have in declaring the US inadequate?"