The security of every one of who you has iphones. All of your privacy. What were doing is were dropping in a huge tech panel to debate the issue of individual privacy versus National Security. And the battle between donald trump and senator ted cruz just turned up a notch. It is heating up down south, as the fight over an ad has both campaigns fired up two days before votes are cast. All the while, senator marco rubio gets a hail mary from one of the palmetto states political elite in the last few minutes. Our Political Panel breaks it down. Plus charlie gasparino, low oil equals higher Airline Tickets . How does that work . And who wants to put Benjamin Franklin out to pasture. Were less than an hour from the closing bell. Lets start the countdown. Okay. Less than a thousand points to go. Make that 600 before the Dow Jones Industrial average moves higher by perhaps 17,000, going up above. That the dow up 229 points today, if you do another thousand points it will have narrowed 2016 loss to less than a thousand points. Right now were up 244. Look at nasdaq, up 89. Just a second ago, it was up about 103. That makes us wonder as we head into this final hour. Now there are 58 minutes to go. Are we going to lose more of this rally here . It is the biggest winning streak since august for the moment. Were on our 34th day of 100point swings for the dow. And we are seeing a move to risk on treasury yields rising for the third day in a row. At 1. 81. They rise when the price of treasuries goes down. People arent so worried about putting money in the safe haven play of treasuries. Energy, one standout name is kinder morgan, kmi jumping nearly 10 after the oracle of omaha Warren Buffett announced he took a 27 million share stake in the company. He is doubling down on a stock that has fallen more than 60 over the last year. Buy low and hold on. Thats what buffett does. The long running argument between the government and Silicon Valley over privacy and security hit a critical moment when apple ceo tim cook outright opposed a judges order for the company to help the fbi unlock a phone belonging to San Bernardino shooter syed farook. In his briefing this afternoon, White House Press secretary josh earnest said this on the issue. Listen to this they are not asking apple to redesign its product or to create a new back door to one of their products. Theyre simply asking for something that would have an impact on this one device. Liz one phone. Thats what the administration and the department of justic wants access to. Not all of your iphones, apple says we give you the software key to that, youll use it elsewhere . Is there a right answer and will the Government Force apple to unlock the phone. With me joe cordero and the former new jersey Law Enforcement director who sides with Law Enforcement. He does not think our nations safety should be dictated by profit motives and fox business Liz Macdonald with breaking news on the story. And Technology Officer and i. T. Expert raj goel thinks the fbi is overreaching and raj, you are on the side of apple. Make that case to emotional america who watched 14 people get murdered by syed farook . Its never happy discussing privacy and security when lives are at stake or people die. On the other hand, the argument the government is making, the fbi is making, give us access to one little phone. Theyre asking apple to invest a lot of money in engineering resources, which im fine with. Once apple breaks security on the one device, that gives the government, not just our government, the russians, the chinese, the brazilians the right to demand apple break back doors around the world do. We lose apple as a company or destroy security worldwide. Liz youre saying if they give an inch, the government takes a mile. Joe, youre on the side of Law Enforcement. You see his point but you side with Law Enforcement and say they better give up that encryption issue and that back door to Law Enforcement so they can figure out who this guy was calling, this terrorist, and nail other people who might have planned the same thing . Absolutely. Look, this all comes down to the safety and security of our children and american families. If we cannot protect them from acts of terrorism, and local crime because we cant get access to a content of a cell phone, of a terrorist. Think about this. This is, i understand, both sides of the argument, but in this case, i think, you know, whats being asked for pursuant to a warrant, whats being asked for is specific content to a phone to. Suggest that apple cannot reverse engineer what they created and not give Law Enforcement or government the key, but to allow its content to be revealed to Law Enforcement, to me, is an argument that extends beyond the instant case and instant security goes into philosophical issues. Liz liz, youve been talking to Law Enforcement close to the case, and say okay, well go with the one phone, thats what we want, access to one single phone. Right, theyre saying syed farooks icloud account which the fbi had access to went dark november 19th. A no before the shootings. He was hoarding weapons and bombs. They injured 22 people, theyre saying that the phone was owned by syed farooks employer, the county health department, and prior to 2014, apple was helping the fbi crack into iphones to track down suspects, alleged committing crimes and that banks play ball to the terrorist accounts of osama bin laden. If the banks cant play ball, why cant Silicon Valley. Thats the argument. Liz what about that . Post9 11, they wanted to follow the money trail, banks opened up cases and said take a look, this isnt an issue of National Security. Banks played ball and apple is playing ball as well, where they could help, they have helped in the past, and i assume this case, they will help as well. On the other hand, given whats going on globally with china wanting back doors, russia wanting back doors, google kicked out of china because chinese hacked google, so apple has been on the forefront of securing their product from all attackers whether its criminals, nation states or governments, and the moment they give the back door key to the one phone to the fbi, then they dont have a leg to stand on against the chinese or others. Liz theres that and theres breaking the law in a way, judge napolitano made this case this morning, youd be asking apple to break the law. Hack into somebodys phone that didnt give approval to do so. Here is an apple statement from tim cook. Among other things he said the government is asking apple to hack our own users and undermine decades of security advancements that protect our customers. Can we put this up . Theres the quote the precedentsetting issue is big when it comes to privacy issues. Theyll fight that, wont they . Absolutely. This court case will linger for years. At the balance is, we dont really know, if there were other players responsible for the slaughter of 14 americans. We dont know if they pose other threats. And so we need to get to the bottom of that. Just think about 9 11. Think about when we were being attacked, we didnt understand the full extent of it. What was the follow on, and if we had information on a cell phone, then we couldnt get to tim cooks statement, the government says its offbase, the phone was owned by the county Public Health department. Liz who approved going into the phone. Exactly. Liz why are we talking about this . Thats the issue. The ownership is owned by the local government, the local government is saying to the fbi, you can go into the phone and apple can go into the phone, too. Theyve given permission. Liz what do you think apple does, raj . Do you think they cave at some point . I hope they dont. Were risking the entire u. S. Tech economy. Once apple game is over. Liz now youre talking about profits versus safety . Im talking about the american economy. Our primary export is technology. You look at globally the top ten tech forums, half are american, the moment we weaken encryption for this one horrific case. How then do we prevent azerbaijan or russia or india from doing the same thing. Liz joe, how do we do that . Two things, we have a system of justice in place. Liz apple would say were following the system of justice. In the past weve been able to secure Digital Information secured by a warrant. Signed off by a judge where there is probable cause. Second thing is ultimately Congress Needs to act on this, for the safety and security of our country. Congress needs to take this debate out of the hands of profitbased companies and perhaps Law Enforcement, right . That have a determined agenda, and say, you know, lets balance and make the laws. Which is what judge napolitano said this morning. Congress needs to move and have the laws catch up with the times and the times are that terrorists are using technology to hurt us. Thats true. And since 2014, apple and google have been selling their brand, staking Brand Reputation on security and privacy. Prior to that, apple, according to the fbi and department of justice was allowing Law Enforcement to break into iphones. Liz you cant have it both ways, everybody. You dont want the chinese hacking in and the government says you got to make your system stronger and tighter and more encrypted. The phone is no longer just a phone, its camera, wallet. Do you want the government for good reasons or bad breaking into the wallet. Liz i dont think theyd like the pictures, they are fuzzy. Im bad at taking pictures. Great to see all of you, conversation that is absolutely going to continue. Joe, liz, raj, great to have you. Liz apple is moving slightly higher by a percent, 97. 98 as tim cook digs in on this issue. Much more on the privacy battle on fox business, Maria Bartiromo tomorrow has an exclusive interview with former attorney general john ashcroft. Cant wait to see where he stands on. This mornings with maria beginning at 6 00 a. M. Eastern. Closing bell 58 minutes away. Take a look at dow leaders here on a big, big rally day. Chevron, cat pillar and walt disney which dropped a couple of weeks ago, moving higher. Caterpillar moving higher after the sec will not recommend enforcement action on an investigation. And airlines are pulling in record profits with oil prices so low, but jeff flock is at Ohare Airport to show us why thats not stopping them from hiking prices on you. Well look at a ticket or two and how its changed. More countdown on the way. This just got interesting. So why pause to take a pill . And why stop to find a bathroom . With cialis for daily use, you dont have to plan around either. Its the only daily tablet approved to treat erectile dysfunction so you can be Ready Anytime the moment is right. Plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. 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Its jumping 10 . And this is a stock down about 60 , 65 all last year . Get right to the floor show. Traders at the new york stock exchange, the cme group and the nymex. The massive limited partnership yielded such a good yield. John corpina, buffett gave an indication to the entire market, im in on this one, interesting play, isnt it . Very interesting play, stepping outside of his scope a little bit but clearly when mr. Buffett does something and its publicly released, people want to jump on board and get behind it whether its that particular stock or in that sector. Hes been right for a very long time. Foolish not to follow that trade there. Liz thats the thing, trent, when you look at what buffett has done, hes added onto it as the stock fell in phillips 66. Those two are energy names, you look at that and say buy low, right . We are low in the oil industry. Well, we are low, liz, but were talking about a market thats down over 70 over the last 18 months. For me, thats enough for me trying to not pick a bottom in a market like that. And i think that not only for the energy space, but the broader markets in general, if youre buying the rally of the last few days, you have to believe in the near term, we put a bottom in oil. I, for one i dont know about that, i think the lack of volume weve seen over the last three days could be indicative, this is a technical bounce in the broader based market than a true change in trend. For me Warren Buffett has a better pedigree from an investment standpoint, in this particular case, i would be wary of energy stocks. Liz luke, that is your territory, and oil happens to be jumping today, obviously considering and the news is out all day. Iran says were in, were in on the freeze and the oil patch that saudi arabia and russia say they would like to institute at record high levels of output. That i dont understand. Its like jumping off a pancake. Wow, took a risk there. Not a big deal. But whats happening that makes it up 5 , does that reverse course as soon as we figure out opec cant be trusted to do anything. You dont know about that. You named the three big counties in opec and outside of opec, saudi arabia, iran and russia. They said were going to try to control the supply side, right . They must think the marginal players cant get back in, and the shale producers breakeven is 45. Now theyve got room. When we talk about big gyrations in oil prices and think about the fundamentals. The news last week, if they control supply, thats the demandsupply fundamental that they try to change, and i think if oil stays above 30, well see the market hold in here, but i dont know. Well have to see if they get along and who starts cheating first. Liz cheating, thats opecs way of life. John corpina, they said its not the right time. We had Keith Mccullough say sell into oil rally, but i believe in this amazing, that an 85yearold man, Warren Buffett, has such a long time horizon, he says my time horizon is forever. He says time to buy is when it is unbelievably cheap and low. Are people that dont buy missing the opportunity for the next year . Youre never going to pick the top and never find the bottom in these types of markets. But like mr. Buffetts filing, there are buy side investment firms that have been displaced over a long period of time, and great opportunities and great prices for investors to get in. There are certain stocks if you like this 30 higher, youre going to like it at these levels now. All depends what pain threshold is. Yes, the market has moved up and down, seeing a lot of one way markets. I dont see any difference in any of the information from last week to this week that would warrant this type of move in this market, i would be wary we have additional down days following this. To get back to the previous point, if there are stocks that are significantly cheaper than you liked them six months ago, why not jump into them now . Liz yeah, when you love something and it goes on sale, dont you want it at that price . John, trent, luke, great to see you, oil is a big story, so are the Federal Reserve minutes. When you look at the rally youre seeing at this very moment, much of this has to do with the dow up 261 points, the fed meeting minutes, they are too nervous to go allin on continui