4 • 5.3K Ratings
🗓️ 12 April 2019
⏱️ 2 minutes
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Looks like the White house is planning a new policy to curb illegal immigration right now. Thanks to a loop hole in US law, illegal immigrants know they can immediately claim asylum.
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0:00.0 | At Steifel, we believe investment advice is about more than helping you manage your wealth. |
0:04.4 | Our investment advice is about you. It's about realizing your dreams may become a reality |
0:09.4 | because you have a plan. We believe in you. Find your new Steifel Financial Advisor at Steifel.com. |
0:15.1 | That's STI FEL. Steifel Nicholas and Company Incorporated Member SIPC and NYSE. |
0:20.1 | Looks like the White House is planning a new policy to curb illegal immigration. Right now, |
0:25.8 | thanks to a loophole in U.S. law, illegal immigrants know they can immediately claim asylum. |
0:32.3 | Their granted work permits, and they are released until their case can be heard, |
0:36.7 | but when their court date comes, they don't show up. They have managed. They disappear |
0:42.3 | into the countryside or into the desert, the cacti, wherever, with their work permits, however. |
0:48.8 | But President Trump wants the new management at the Department of Homeland Security to go |
0:52.8 | after remittances, the money that illegal immigrants send back home to Lafamilia. |
0:59.3 | The U.S. is not going to tax the money. They're going to confiscate it. That means take it |
1:06.0 | for those of you in real-Indo. And we're talking big money here. $30 billion a year. That's the |
1:12.4 | second largest source of capital into Mexico from America. The administration's banking on this new |
1:18.4 | policy to motivate Mexican and other Central American leaders to stop these migrants before they |
1:24.8 | even reach the southern border. So let's see how long it takes for elected Democrats to shop for |
1:30.9 | a pro illegal immigrant judge to throw a monkey wrench into Trump's cash confiscation plan. I'm |
1:37.9 | betting they have the judge firmly in their pocket already, and the court already picked out, |
1:43.3 | and it may even happen before you hear this. |
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