Latest / Earn Your Leisure / Wall Street's Dark Secret: How Hedge Funds Profit from Sick People's Life Insurance! 💰

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Wall Street's Dark Secret: How Hedge Funds Profit from Sick People's Life Insurance! 💰 · Earn Your Leisure

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  Speaker 3: This is a question that I haven't been asking. I've
• 1:53
  Speaker 3: never heard a very long time. But so you can
• 1:57
  Speaker 3: sell a life insurance policy, and there's like funds that
• 2:03
  Speaker 3: actually buy life insurance policies from people elderly people. It's
• 2:06
  Speaker 3: kind of like a reverse mortgage in a sense. So
• 2:09
  Speaker 3: like let's say somebody is seventy years old and they
• 2:12
  Speaker 3: have a two hundred thousand dollar life insurance policy and
• 2:15
  Speaker 3: they need money, like they don't have any money to
• 2:18
  Speaker 3: actually live, but they do have an asset which is
• 2:20
  Speaker 3: a life insurance So now the company would buy the
• 2:23
  Speaker 3: life insurance policy, let's say for forty thousand dollars, so
• 2:27
  Speaker 3: it's forty thousand to you, but they'll based on the
• 2:30
  Speaker 3: expectancy that you'll probably die within the next seven years.
• 2:34
  Speaker 3: So it's like, Okay, I paid forty thousand today for
• 2:37
  Speaker 3: two hundred thousand dollars that will mature in seven years.
• 2:41
  Speaker 2: Right.
• 2:43
  Speaker 3: So that's something that like I said, I haven't been
• 2:47
  Speaker 3: asked that question in a long time, but I guess
• 2:49
  Speaker 3: they saw a commercial and they was asking me about it.
• 2:51
  Speaker 3: So that is something that you can It is a strategy,
• 2:56
  Speaker 3: but it is important to keep in mind if somebody's
• 2:59
  Speaker 3: going to buy an ass said, usually they're not buying
• 3:02
  Speaker 3: it unless they're going to make a high rate of return, right,
• 3:07
  Speaker 3: it's like anything.
• 3:08
  Speaker 4: Yeah, So.
• 3:12
  Speaker 3: That's why it's important to have other planning in place,
• 3:15
  Speaker 3: Like last week we talked about retirement plan and we
• 3:17
  Speaker 3: talking about investing, because you don't want to get to
• 3:19
  Speaker 3: a point where that's your only asset to sell because a,
• 3:22
  Speaker 3: I mean, yeah, you're short changing the amount, but also
• 3:25
  Speaker 3: now you no longer have that life insurance policy as
• 3:28
  Speaker 3: far as the beneficiary is not if you were going
• 3:30
  Speaker 3: to leave it to your grandkids.
• 3:32
  Speaker 4: Now they're screwed.
• 3:34
  Speaker 2: Yeah they're done.
• 3:36
  Speaker 3: But yeah, that's that's something that you know, hedge funds
• 3:40
  Speaker 3: have been doing for a while and by a life
• 3:44
  Speaker 3: insurance policy. They go and they look, it's like a
• 3:46
  Speaker 3: distressed asset. They see who's vulnerable, they see who who might.
• 3:51
  Speaker 4: Be selling the life insurance is crazy.
• 3:53
  Speaker 5: Chat, record labels have been doing the same thing, and
• 3:55
  Speaker 5: they've been giving the moment the money when they die.
• 3:58
  Speaker 4: We're gonna talk on blackout.
• 3:59
  Speaker 3: But everything's a business. Everything is a business in America.
• 4:02
  Speaker 3: And yeah, they found out that that was actually a
• 4:05
  Speaker 3: viable business opportunity that they can because it's guaranteed and
• 4:09
  Speaker 3: they paid the premium, so they'll take over. They'll pay
• 4:11
  Speaker 3: the premium, but in return they'll get the death benefit
• 4:15
  Speaker 3: when you die.
• 4:16
  Speaker 2: They how expensive is the premium, Well, it's the same
• 4:20
  Speaker 2: premium that whatever it was, so okay.
• 4:22
  Speaker 1: So that would be like if somebody got a life
• 4:26
  Speaker 1: insurance policy on their elderly parents, very similar in that sense,
• 4:31
  Speaker 1: where the premium is going to be a little bit more.
• 4:33
  Speaker 2: Obviously, it depends when you get it.
• 4:35
  Speaker 3: Like I'm saying, like somebody can get life insurance when
• 4:37
  Speaker 3: they're forty years old, right, and they have it and
• 4:39
  Speaker 3: they paid premium for thirty years and that is seventy
• 4:42
  Speaker 3: So you ask the term. They don't do it on term.
• 4:45
  Speaker 3: They do it on whole because term is expired. So
• 4:47
  Speaker 3: it's all based off of calculations. So they want to
• 4:49
  Speaker 3: do it on the probability that you're So that's why
• 4:52
  Speaker 3: like the seventies a sweet spot because like seventy eight
• 4:55
  Speaker 3: is like the life is back in see eighty two
• 4:57
  Speaker 3: or something like that. So you buy it on an
• 4:59
  Speaker 3: elderly person, Yeah, that person probably already had life insurance
• 5:04
  Speaker 3: for a while. Because you can't get life insurance in
• 5:06
  Speaker 3: seventy it's gonna be difficult. So they probably already had
• 5:08
  Speaker 3: it for at least twenty years. So if their premium,
• 5:11
  Speaker 3: if they paid the premium since they were fifty, they're
• 5:14
  Speaker 3: just gonna take it over. They're gonna take the premium
• 5:15
  Speaker 3: payments over and now when this so they're just sitting there,
• 5:20
  Speaker 3: sit and wait for you to die and then bus
• 5:24
  Speaker 3: and then when you exactly. So, now, if you've got
• 5:26
  Speaker 3: a whole portfolio, if you got one hundred million dollars
• 5:29
  Speaker 3: in life insurance that you've that you've purchased for let's
• 5:31
  Speaker 3: say twenty million dollars, you've essentially you're buying money with
• 5:38
  Speaker 3: the maturity date is so it's like bonds in a sense, right,
• 5:41
  Speaker 3: where it's it's guaranteed. You're paying a premium. So let's
• 5:44
  Speaker 3: say that premium over the So let's say it by
• 5:46
  Speaker 3: the time you finished paying a premium, you're gonna pay
• 5:48
  Speaker 3: forty thousand on your forty million on your portfolio. So
• 5:50
  Speaker 3: you're going to spend forty million, but you're gonna get
• 5:53
  Speaker 3: two hundred.
• 5:53
  Speaker 2: Million guarantee because everybody's gonna die.
• 5:56
  Speaker 4: Yeah.
• 5:57
  Speaker 1: Yeah, But is that transferable? So like what if the
• 6:00
  Speaker 1: and who's buying it? Well, you said it's a hedge fund,
• 6:01
  Speaker 1: so it's a little bit different. But if it was
• 6:03
  Speaker 1: an individual, is that transferable? Is that something that can
• 6:06
  Speaker 1: be passed down? Like how does that? However?
• 6:08
  Speaker 4: Is what transferable?
• 6:09
  Speaker 1: So like, if let's say me as an individual or
• 6:11
  Speaker 1: I have an l C or a company that is
• 6:12
  Speaker 1: now buying these insurance policies, let's say I do it
• 6:16
  Speaker 1: on twenty people, that goes that's under my portfolio, right,
• 6:20
  Speaker 1: that is a transferable asset to my like.
• 6:24
  Speaker 2: My son, my daughter.
• 6:26
  Speaker 3: No, it's going to go to your company, the company. Yeah, yeah,
• 6:29
  Speaker 3: so it's not like a personal thing. It's in corporate.
• 6:32
  Speaker 3: So I guess it's kind of like a reverse mortgage.
• 6:35
  Speaker 3: We haven't spoke about that in a while. But what's
• 6:37
  Speaker 3: that called? I had a cool settlement?
• 6:40
  Speaker 4: Settlement Okay, to get some insurance on some of your career.
• 6:47
  Speaker 2: What is it life?
• 6:48
  Speaker 4: I hear, my boy, I hear.
• 6:52
  Speaker 2: For sure, like, no, can't sure.
• 6:54
  Speaker 3: But also if you have if you have an elderly
• 6:56
  Speaker 3: if you have an elderly person in your family, just
• 6:58
  Speaker 3: make sure because they'll get tar get it. So they
• 7:00
  Speaker 3: might not fully understand. They say, oh, somebody gonna give
• 7:02
  Speaker 3: me forty thousand dollars today. That sounds good, like you know,
• 7:06
  Speaker 3: and like I said, it's like a reverse mortgage in
• 7:08
  Speaker 3: the sense where a lot of times people can't pay
• 7:10
  Speaker 3: their mortgages anymore, so somebody, oh, kind of they'll they'll pay,
• 7:15
  Speaker 3: they'll buy out the home so they're still they still
• 7:18
  Speaker 3: living at home.
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  Speaker 2: Until they die.
• 7:19
  Speaker 3: But when they die, now the home goes back to
• 7:22
  Speaker 3: the fund or the bank or whoever is. So it's like, okay,
• 7:26
  Speaker 3: I'm gonna take care of your mortgage. That sounds good.
• 7:28
  Speaker 3: Through somebody until they until they realize that, Yeah, they're
• 7:32
  Speaker 3: paying your mortgage for three years to get your home. Yeah,
• 7:35
  Speaker 3: so it's like, what's three years of a mortgage payment
• 7:38
  Speaker 3: for a million dollar home for real?
• 7:41
  Speaker 4: Seven hundred thousand?
• 7:42
  Speaker 5: Oh my god, be careful, that's.
• 7:46
  Speaker 3: So yeah, So got to be gotta be careful, all right?
• 7:50
  Speaker 3: In the prey absolutely, Yeah, people's always going. It's always
• 7:53
  Speaker 3: gonna be away to It's always a way to make money.
• 7:55
  Speaker 4: Firetical settlement word of today.
• 7:57
  Speaker 3: God, there's always a way to make money in America.
• 8:00
  Speaker 1: Just got to figure it out where the ted dbs.
• 8:06
  Speaker 3: Okay, so what does what does the phrase the bigger
• 8:09
  Speaker 3: the base, the higher, the higher in space reveal about
• 8:14
  Speaker 3: market dynamics in twenty twenty three?
• 8:16
  Speaker 5: Yeah, because I think we're going to get to a
• 8:17
  Speaker 5: place depending on what this fair cut is. If you
• 8:20
  Speaker 5: look at let's say Intel, I know I've put on
• 8:23
  Speaker 5: Intel for a long period of time. If we look
• 8:25
  Speaker 5: at the chart, they are at levels from two thousand
• 8:28
  Speaker 5: and eight, two thousand and nine.
• 8:30
  Speaker 2: If you truly.
• 8:31
  Speaker 5: Believe that the government giving them money is going to
• 8:33
  Speaker 5: help long term, this would be a good place to
• 8:38
  Speaker 5: begin to build a base in this company. Building a
• 8:41
  Speaker 5: base is just buy a bunch of shares at a
• 8:43
  Speaker 5: certain price and then expecting it to go up for
• 8:46
  Speaker 5: four or five years later. Intel, I don't think we'll
• 8:48
  Speaker 5: do that, but I think when we're having these moments
• 8:51
  Speaker 5: of consolidation and people are being afraid if the rate
• 8:54
  Speaker 5: cuts are going to happen, find an asset that you
• 8:56
  Speaker 5: like that is distressed in the same fashion by bunch
• 9:00
  Speaker 5: of shares at a particular price, give it four or
• 9:02
  Speaker 5: five years to go up. And the NBA okay now
• 9:04
  Speaker 5: in video they are over indexing on AI. They are
• 9:07
  Speaker 5: the main supplier in the AI space. So that's why
• 9:10
  Speaker 5: I say Intel won't do well. But if you look
• 9:12
  Speaker 5: in crypto, if you look in small caps, you may
• 9:15
  Speaker 5: be able to find a company that is not moving
• 9:17
  Speaker 5: incredibly fast and then be able to buy a bunch
• 9:20
  Speaker 5: of shares at that price and then three or four
• 9:21
  Speaker 5: years it's going to go up.
• 9:22
  Speaker 2: Yeah. It reminded me of the kind of what we
• 9:24
  Speaker 2: talked about last.
• 9:25
  Speaker 1: Week, where when you see downturn, on the other side
• 9:30
  Speaker 1: of that, it's potential games.
• 9:31
  Speaker 4: Yep.
• 9:31
  Speaker 1: So the longer that the company trade sideways and some
• 9:35
  Speaker 1: of these companies are really good, like a lot of
• 9:36
  Speaker 1: times people look like, isn't that a good company. Yes,
• 9:38
  Speaker 1: it is a good company. It's just consolidating right now. Right,
• 9:42
  Speaker 1: it's trading sideways. But on the other end of that
• 9:45
  Speaker 1: is that when it's down like that or it's trading sideways,
• 9:47
  Speaker 1: there's going to be If it's a great company, the
• 9:50
  Speaker 1: potential growth there is there, and so you have a
• 9:52
  Speaker 1: growth stock that that will perform well.
• 9:54
  Speaker 2: But it takes.
• 9:55
  Speaker 1: It takes discipline, it tastes seasoning, and it takes patience.
• 9:58
  Speaker 1: It is because when you see in the video go
• 10:00
  Speaker 1: of one hundred and forty three percent, or you see
• 10:03
  Speaker 1: super micro go, you're.
• 10:04
  Speaker 2: Watching these things, you're like, wait, I'm missing it. I'm
• 10:06
  Speaker 2: missing it. And sometimes the winds are in. Let's talk
• 10:10
  Speaker 2: about Apple.
• 10:10
  Speaker 4: Yeah, just seven years ago, Yeah, it was straight.
• 10:13
  Speaker 1: Why is it not moving? Why is it not moving? Well,
• 10:15
  Speaker 1: it was consolidating and obviously the pandemic happened and boom,
• 10:19
  Speaker 1: Apple goes on the run. Amazon has done it before too,
• 10:22
  Speaker 1: So solid companies will consolidate. Sometimes it'll take five six months.
• 10:26
  Speaker 1: I know people are looking at Google like, just give
• 10:30
  Speaker 1: it time when it's in a consolidation phase. Realize that
• 10:34
  Speaker 1: there's going to be a upside that you can have
• 10:35
  Speaker 1: extreme extreme growth in So just.
• 10:38
  Speaker 4: Be patients, always paced that you have to do it
• 10:40
  Speaker 4: in the quality company. That's the key.
• 10:42
  Speaker 3: I forgot one thing about the viatical settlement that chat
• 10:44
  Speaker 3: GPT reminded me, which makes it even more like shows
• 10:47
  Speaker 3: you how like American capitalism works. So most of the
• 10:50
  Speaker 3: time it's actually done, I said in the life, but.
• 10:54
  Speaker 2: So is it.
• 10:55
  Speaker 3: Viatical settlement is a financial arrangement in which a person
• 10:58
  Speaker 3: with the terminal or chronicle illness that life insurance policy
• 11:01
  Speaker 3: for a third party for a lump sum payment to buyer.
• 11:04
  Speaker 3: The policy becomes beneficiarting and assumes responsibility for paying the
• 11:07
  Speaker 3: policy's premium upon original payer's death. Typically the payer the
• 11:12
  Speaker 3: payment the seller receives. So this is the important part.
• 11:21
  Speaker 3: It's usually for people who need immediate cash to cover
• 11:24
  Speaker 3: medical bills and living expenses or financial needs while they're
• 11:26
  Speaker 3: still alive. So it's like, all right, you have brain cancer,
• 11:30
  Speaker 3: you got six months to live, and you don't have
• 11:32
  Speaker 3: enough money to actually so it's a multi layered conversation.
• 11:35
  Speaker 3: This speaks to the American health system as well. People
• 11:38
  Speaker 3: don't have enough money actually pay their medical bills, right,
• 11:40
  Speaker 3: So it's like, now you got somebody in Wall Street
• 11:42
  Speaker 3: that's like, Okay, this person in Nebraska has brain cancer
• 11:47
  Speaker 3: and they're about to die, but they don't have enough
• 11:49
  Speaker 3: money to actually even get chemo. You got a half
• 11:52
  Speaker 3: a million dollar life insurance policy. I'm gonna give you
• 11:54
  Speaker 3: fifty thousand dollars so at least you can get chemo
• 11:58
  Speaker 3: therapy for a couple of months after that your your
• 12:03
  Speaker 3: life insurance Polsey's mine.
• 12:05
  Speaker 5: This happened a lot in eight with a patients in
• 12:07
  Speaker 5: the nineties as well too. That was a big cash
• 12:09
  Speaker 5: scrap for a lot of investors that it came out
• 12:12
  Speaker 5: maybe ten years after that they were doing that.
• 12:14
  Speaker 4: Yeah, it's sad and sick.
• 12:17
  Speaker 5: Yeah, it's a crazy world we live in, especially on
• 12:20
  Speaker 5: that insurance side.
• 12:21
  Speaker 2: But yeah, what you're gonna do.
• 12:23
  Speaker 3: Somebody's always gonna it's always gonna be what do you do,
• 12:25
  Speaker 3: a shark in the water?
• 12:27
  Speaker 2: Always arbitrage if you need it, what you're gonna do?
• 12:30
  Speaker 5: Yeah, but pay attention to the numbers. They're looking for
• 12:33
  Speaker 5: five X return number. I've told you about endlessly every
• 12:36
  Speaker 5: asset class are looking to exit around the same area.
• 12:40
  Speaker 5: Please be careful and going back to the healthcare issue.
• 12:43
  Speaker 5: This is one with these conversations about how much money
• 12:45
  Speaker 5: do you need and levels of wealth. You can go
• 12:48
  Speaker 5: bankrupt really fast in two or three months if going
• 12:51
  Speaker 5: through chemo and radiation. If you don't have the money
• 12:54
  Speaker 5: and insurance doesn't cover it, you can run up a
• 12:56
  Speaker 5: bill for two three hundred thousand dollars in two or
• 12:58
  Speaker 5: three months.
• 12:58
  Speaker 4: For sure.
• 12:59
  Speaker 2: It's crazy.
• 13:00
  Speaker 3: We gotta talk about long term care one week too,
• 13:02
  Speaker 3: because that's another way you go. Even nursing homes. Those
• 13:05
  Speaker 3: nursing homes like thirty thousand dollars a.
• 13:07
  Speaker 2: Month a month.
• 13:10
  Speaker 4: Some are the house. Yeah, yeah, it is real.
• 13:14
  Speaker 3: Yeah, that's like a month. So if you don't have
• 13:17
  Speaker 3: what happens is that they exhaust. So with them, that's
• 13:20
  Speaker 3: an interesting case study too because they're like, okay, well
• 13:24
  Speaker 3: the government comes in with like medicaid, medicare or whatever.
• 13:27
  Speaker 3: But they only do that when you exhaust, when you
• 13:29
  Speaker 3: have no money, So you got to exhaust all your
• 13:32
  Speaker 3: retirement account, all your bank account. They like, you literally
• 13:36
  Speaker 3: have to be poor then the government will come in
• 13:39
  Speaker 3: and supply some help. So yeah, that's another thing. You
• 13:43
  Speaker 3: save your whole life for your four to one k
• 13:46
  Speaker 3: and then you get dementia and now that four one
• 13:49
  Speaker 3: k is going in a year. So that's why you
• 13:52
  Speaker 3: got to plan for that as well. Or now you
• 13:54
  Speaker 3: gotta live it with your your son or your daughter
• 13:56
  Speaker 3: and now you put it. That's a tremendous stress that
• 13:58
  Speaker 3: you got to put on there because it's like you're
• 14:01
  Speaker 3: not gonna have your parents just out in the whim.
• 14:03
  Speaker 4: Yeah, they're not equipped to take care of them.
• 14:06
  Speaker 2: To build the west wing for all of this.
• 14:09
  Speaker 3: Oh yeah, it all comes in. It all comes into
• 14:11
  Speaker 3: play man. You got you cash is king and preparation.
• 14:15
  Speaker 2: Is important, absolutely, yeah, on all fronts. Like it was
• 14:18
  Speaker 2: like I had this conversation with my parents, it was
• 14:21
  Speaker 2: how does this work?
• 14:22
  Speaker 1: Do you take care of your children your whole life
• 14:23
  Speaker 1: for your children to didn't take care of you while
• 14:26
  Speaker 1: having children, So how do we break this cycle?
• 14:28
  Speaker 2: It's planning that the answer is a lot of planning.
• 14:31
  Speaker 1: That's the overall answer that we came to the conclusions
• 14:34
  Speaker 1: like planning right, because if I'm preparing for the next
• 14:37
  Speaker 1: generation to take care of the generation before me, it's
• 14:40
  Speaker 1: a string.
• 14:41
  Speaker 2: It can be or it can be. We've been blessed.
• 14:43
  Speaker 1: I'm extremely blessed I'm not complaining, but like everybody's not
• 14:46
  Speaker 1: in my situation, and everybody may not have a situation
• 14:49
  Speaker 1: like hey mom and dad.
• 14:50
  Speaker 2: You can come live with me. So what the planning.
• 14:52
  Speaker 1: Part has to The conversation needs to happen, but the
• 14:55
  Speaker 1: planning phase needs to happen right after the conversation.
• 14:57
  Speaker 3: So I just chat. GBT says in New York City
• 15:02
  Speaker 3: nursing home could exceed fifteen thousand dollars the moth sorry,
• 15:05
  Speaker 3: so maybe not thirty That's just been a minile if
• 15:07
  Speaker 3: you want other you.
• 15:08
  Speaker 2: Know, fifteen bands is a lot, no for sure.
• 15:11
  Speaker 3: Fifteen yeah, and that's not for exceptional care. This space level, right,
• 15:16
  Speaker 3: and if you want like all the specialists to come in.
• 15:18
  Speaker 4: And private doctors.
• 15:19
  Speaker 1: There a whole telling somebody to pay I mean asking
• 15:22
  Speaker 1: someone fifteen thousand when they've lived on fixed income potentially
• 15:25
  Speaker 1: for the past ten to fifteen years.
• 15:26
  Speaker 2: It's crazy.
• 15:27
  Speaker 1: Then asking somebody who might be their their children to
• 15:30
  Speaker 1: Now most people are renting, but let's say you are
• 15:34
  Speaker 1: average mortgage three thousand dollars fifteen thousand, wow, yeah, healthcare.
• 15:40
  Speaker 5: And then to not get the best covers, like if
• 15:42
  Speaker 5: your family is in those nursing homes. You better go
• 15:44
  Speaker 5: check the abuse levels.
• 15:47
  Speaker 1: You want to put them in the best one. You
• 15:48
  Speaker 1: want to have them in close proximity to where you
• 15:50
  Speaker 1: are so you can get.
• 15:51
  Speaker 3: The room you have a roommate. Yeah, that's like, oh yeah, no.
• 15:55
  Speaker 3: This medical system, man, medical medical system, biggest big in America,
• 16:00
  Speaker 3: absolutely biggest business in America.
• 16:03
  Speaker 4: At every level. They'll find a way to extract money
• 16:06
  Speaker 4: out of you college tuition, marriage.
• 16:09
  Speaker 5: Healthcare, and then it's a crazy part. They'll put you
• 16:12
  Speaker 5: in a nursing home and they put you on more
• 16:13
  Speaker 5: medicine to run the insurance up. They end up having
• 16:15
  Speaker 5: to pay out of pocket.
• 16:17
  Speaker 2: Insurance is a whole.
• 16:18
  Speaker 4: Less, it's a whole.
• 16:23
  Speaker 1: Gotta make sure they then when you need it, they
• 16:25
  Speaker 1: don't want you to use it. Then when you do
• 16:27
  Speaker 1: use it, they help your premium. Yeah, it's like there's
• 16:30
  Speaker 1: a race that you can't win.
• 16:31
  Speaker 6: An illegal alien from Guatemala charged with raping a child
• 16:35
  Speaker 6: in Massachusetts. An MS thirteen gang member from Al Salvador
• 16:39
  Speaker 6: accused of murdering a Texas man of Venezuelan charged with
• 16:43
  Speaker 6: filming and selling child pornography in Michigan. These are just
• 16:47
  Speaker 6: some of the heinous migrant criminals caught because of President
• 16:51
  Speaker 6: Donald J. Trump's leadership. I'm Christine Noman, the United States
• 16:54
  Speaker 6: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 16:59
  Speaker 6: crossing are at the lowest levels ever recorded, and over
• 17:03
  Speaker 6: one hundred thousand illegal aliens have been arrested. If you
• 17:06
  Speaker 6: are here illegally, your next you will be fine nearly
• 17:10
  Speaker 6: one thousand dollars a day, imprisoned, and deported. You will
• 17:14
  Speaker 6: never return. But if you register using our CBP home
• 17:18
  Speaker 6: app and leave now, you could be allowed to return legally.
• 17:21
  Speaker 6: Do what's right. Leave now. Under President Trump, America's laws,
• 17:26
  Speaker 6: border and families will be protected.
• 17:29
  Speaker 2: Sponsored by the United States Department of Homeland Security.