994: Solving the Immigration Crisis in the USA
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 8 February 2024
⏱️ 106 minutes
🧾️ Download transcript
Summary
Fair warning: today's podcast topic will have only limited interest, as it's outside the normal guidlines of "personal finance." I'm recording the show in response to a question from a long-time listener who wanted my input on a specific topic: the current immigration crisis. This is clearly an important topic, but one that has only a peripheral connection to personal finance. If you're interested in hearing my extensive thoughts on the immigration crisis and topic in general, listen to this show.
Enjoy,
Joshua
Transcript
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| 0:00.0 | Welcome to Radical Personal Finance, a show dedicated providing you with knowledge, skills, insight and encouragement you need, |
| 0:04.8 | live a rich and meaningful life now while building a plan for financial freedom in 10 years or less. |
| 0:09.7 | My name is Josh Rashidz, I'm your host. Today on the show I want to talk about something with you that is going to sound more political. It does have personal finance implications and an impact. |
| 0:23.6 | The basic concept that I'm going to drive out from a personal finance perspective is that as you build |
| 0:29.0 | wealth, your sense of security and your actual security of your person your your effects etc your home |
| 0:36.8 | These are fundamental things as somebody builds wealth one of the first things that they will do in applying this wealth is to move from an unsafe |
| 0:44.7 | neighborhood to a safe neighborhood because security is of primary importance and this is a good use of money. |
| 0:51.2 | That's the personal finance angle that I'm going to use to tie this into |
| 0:55.6 | appropriate content for radical personal finance. But I do confess up here and up front that this |
| 1:01.9 | episode that that |
| 1:03.2 | connection is looser than I usually will permit. And that's because this episode |
| 1:07.9 | is coming from a request from a listener. And listener writes in and sends me a couple of articles which I'm going to read to you and |
| 1:15.1 | comment on and asks for my commentary on this subject specifically regarding immigration. |
| 1:21.4 | We see in the United States significant issues regarding immigration, an enormous battle taking place. |
| 1:28.0 | The listener wrote to me and talked about the arguments between Texas Governor Abbott and the Biden administration about the ability and the right of the Texas Guard to secure the border with Mexico by placing barriers to stop the flow of immigration. |
| 1:42.0 | We see immigration as a primary political |
| 1:44.3 | topic all across Europe, all across the world, etc. And so I feel justified in |
| 1:49.7 | talking about it today with you and I think that those of you who are interested in thoughtful |
| 1:54.4 | nuanced discussion on difficult topics will enjoy this show. However, those of you who are |
| 1:59.2 | looking for just standard kind of personal finance fair, you'll want to skip this episode and move to a different |
| 2:05.1 | one because there will be more of just kind of basic nuts and bolts of finance. |
| 2:09.2 | The other reason I'm doing this is that I've been buried in finishing up my consulting appointments and also |
... |
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