Immigration Catch 22

Immigration Catch 22. www.watchdogonwallstreet.com

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
Our immigration catch twenty two. Catch twenty two the old
Joseph Heller novel. I think I read it back when
I was in eleventh grade. Yeah, you couldn't get out
of flying missions unless you were crazy, but you had
to apply and tell them that you were crazy. But
if you applied and told them you were crazy, then

(00:38):
you were sane, and then you had to go and fly. Anyway,
this is our immigration catch twenty two. Donald Trump is
on the trail and he's planning on promising to carry
out the largest domestic deportation operation in American history. That's

(00:58):
not going to happen. Newsflesh, it's not going to happen.
And Jason Riley in the Wall Street Journal Today spoke
with Daniel Di Martino, who he follows migration and economics
at the Manhattan Institute, and it talks about the labor

(01:21):
market right now and still you know that there's open
jobs here in the country, but there are various different
complications that no one's really talking about.

Speaker 3 (01:32):
First and foremost, and this is probably the least of
them all.

Speaker 2 (01:36):
Twenty years ago, ninety percent of the people coming into
America legally were from Mexican. Today maybe two thirds are
not Mexican. It's easier to send back Mexicans. It's not
so easy to send back others. You can't send to
Mexico people who are not Mexican. Trump said he wants

(01:57):
to expel millions of foreign nationals who have arrived at
the border under Biden, but they were allowed to enter
the country without being vetted. We've talked about that. These
are most of them are again economic migrants in search
of employment. Others we all know violent criminals, and they

(02:20):
are preying on US residents.

Speaker 3 (02:23):
There's no doubt about it.

Speaker 2 (02:27):
And again some have legitimate asylum claims. The issue, it's
the part of the catch twenty two. All of the
latest arrivals, all of these people that came in under
Biden are going to be the most difficult to remove,
the reason being our law. And you're not going to

(02:49):
not going to be able to change this. You can't
change this by executive order. Nobody who has a pending
immigration court date can be until their case is resolved
through the immigration courts. And all of these people who
have these court dates came under Biden, which means if

(03:14):
Trump is gonna be able to deport anybody, these are
gonna be the These are the ones that are gonna
make the news. Uh. These are the people who been
in the country for a decade, and they're gonna be
sympathetic cases. They've stayed out of trouble. They put down
roots here in America. Oh, they have an American spouse,

(03:37):
they've got kids. Uh.

Speaker 3 (03:40):
Oh, there's the problem. How to weasel our way out of.

Speaker 2 (03:48):
This catch twenty two. It's not even weaseling your way.
It's a way that I think might work. Dean Martino
thinks that Donald Trump would be better to focus on
processing all of the current asylum claims a lot faster.

Speaker 3 (04:08):
Now.

Speaker 2 (04:08):
If you do that, okay, if you can process these
claims lickety split, not in seven years, not in ten years,
within weeks, within months, that would seriously reduce any incentive
to come in the first place. I mean, why not

(04:28):
come and claim asylum? You know your court case is
not going to get heard for ten years. Ten years,
ten years, You're probably gonna be forgotten about by then.
So you basically under the bind administration that he has
spent the past four years handing out work permits to
anybody who arrives at the border and seeks asylum, whether

(04:49):
it's credible or not. You need to build more detention
centers along the border. Hire a thousand and he bid them,
was talking about hiring more border agents. Say you want
to hire more border agents, why don't you hire more
thousands of more immigration judges to handle all of the backlog.

(05:11):
You reduce the waiting time for claims again, two weeks,
two weeks.

Speaker 3 (05:19):
People won't come, Deve Martinez said.

Speaker 2 (05:21):
People come illegally because they know they will be released
until their court date, which could be years away. If
we could adjudicate the cases more quickly, people would stop
coming at such high rates. Again, it's going to be
difficult to reform the asylum system. You are, you're up
against Democrats at the end. We all know they just

(05:43):
want to erase the border. They want an open border.
It's going to be very difficult to get this past Congress, unless,
of course, you end up getting rid of the filibuster,
or you get sixty senators, which I don't see happening.

Speaker 3 (06:00):
Again.

Speaker 2 (06:01):
Something you can do expand detention centers, hire more immigration judges,
all that. That's just money, that's just moving money around,
allocating money a certain way. And you can do that
with fifty one votes in the Senate. So there's the
catch twenty two. I've said it here too. I mean,

(06:23):
it makes for great soundbites, but you're not going to
be allowed to go around rounding people up that have
court dates. Can't do it, can't do it. This is
the way you could. This is a way you can
get it done, get or done faster. Watchdog on Wall

(06:44):
Street dot Com