Wall Street investors have started pouring billions into the energy sector, persuaded that prices not only of crude oil but stocks of energy companies have hit bottom. They just might be premature.

As the Apple/FBI case heats up, the surveillance hawks continue to insist that backdoors into the encryption that protects smartphones are necessary to address the threat of terrorists and other dangerous criminals “going dark.” But one of the most respected voices in computer security says that “solution” is more dangerous than the problem it proposes to solve.

Oil man Aubrey McClendon's impact is being felt every time any driver pulls up to the pump or pulls out his checkbook to pay his utility bill.

Representatives of both Apple and the FBI appeared before the House Judiciary Committee on Tuesday. Over a period of five and a half hours, the committee heard sworn testimony about the underlying issues in the case of the FBI attempting — via court order — to force Apple to create a backdoor for the iOS platform.

 

 

There is a lot at stake in the case of the FBI demanding that Apple create new software to enable the agency to circumvent the encryption on the iPhone of one of the San Bernardino shooters. The FBI argues that the phone may contain information about his terrorist contacts. Privacy advocates and Apple argue that the software the FBI wants is a backdoor and would threaten the privacy — and liberty — of anyone using encryption on any device to protect their data and communications.

Page 7 of 126