Latest / Earn Your Leisure / Scholars Corner: America's credit rating gets downgraded, what it means for investors

Transcript

Scholars Corner: America's credit rating gets downgraded, what it means for investors · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: What were your five biggest takeaways from the decision of
• 1:04
  Speaker 3: rating agency Fitch to downgrade US debt from the highest
• 1:10
  Speaker 3: rating of triple A to double A plus and does
• 1:14
  Speaker 3: this cause you to be concerned as an investor.
• 1:18
  Speaker 4: It was interesting to see this come out twelve years ago.
• 1:22
  Speaker 4: I remember when the S and P Global downgraded the
• 1:25
  Speaker 4: United States. Fitch is maybe the second, our third biggest
• 1:30
  Speaker 4: in that ratings game. But a few things that we
• 1:33
  Speaker 4: talked about before, Like the biggest takeaways I had is
• 1:35
  Speaker 4: our debt to GDP.
• 1:36
  Speaker 5: Ratio is too high.
• 1:38
  Speaker 4: If we're looking and we owe as a country thirty
• 1:41
  Speaker 4: one point four trillion dollars and debt, we're now in
• 1:45
  Speaker 4: the brink of Americans losing Social Security if you're under
• 1:48
  Speaker 4: the age of fifty. Our overall fiscal policy is a
• 1:52
  Speaker 4: absolute disaster. Higher interest rates, and that when we got
• 1:57
  Speaker 4: off quantitative easing as a part of this as well.
• 2:00
  Speaker 5: But even Bill Acklin said he's now.
• 2:03
  Speaker 4: Shortening thirty year treasuries for everyone in Sniper that would
• 2:07
  Speaker 4: be the equivalent of ZB And the truth is like,
• 2:10
  Speaker 4: we have to do a lot better job of managing
• 2:12
  Speaker 4: our debt. And the truth is like our leadership politically
• 2:15
  Speaker 4: has failed us so bad over the last.
• 2:17
  Speaker 5: Twenty years to put us in this position.
• 2:20
  Speaker 4: If I'm going to be very honest, if I'm doing
• 2:22
  Speaker 4: a SWAT analysis, which is like the strengths and weaknesses.
• 2:26
  Speaker 4: We haven't had great leadership in a long time. And
• 2:29
  Speaker 4: if you take out quantitative easing, the presidency of Barack Obama,
• 2:34
  Speaker 4: which I know certain people will have an issue with
• 2:36
  Speaker 4: his reign as president, we've really been in trouble collectively
• 2:41
  Speaker 4: as a country since nineteen ninety seven. Financially, rasha to
• 2:45
  Speaker 4: bring it up from time to time, but like tech
• 2:47
  Speaker 4: had a flat decade, and what really exacerbated excuse me,
• 2:54
  Speaker 4: or got us out of that crisis was quantitative easing,
• 2:57
  Speaker 4: and then we saw this miraculous tech boom from the
• 3:00
  Speaker 4: time Barack Obama gote and it started to taper off
• 3:03
  Speaker 4: around twenty twenty. But if we didn't have those two
• 3:05
  Speaker 4: things in place, who knows what we'll be. We probably
• 3:09
  Speaker 4: could have been the equivalent of Japan of having like
• 3:11
  Speaker 4: a flat two decades. Sweden, Norway, Australia did Mark have
• 3:16
  Speaker 4: amazing balance sheets. In comparison, we are leading the world's
• 3:19
  Speaker 4: race and having the most debt and we need to
• 3:22
  Speaker 4: borrow two trillion dollars in the next.
• 3:24
  Speaker 5: Two quarters to pay our bills.
• 3:26
  Speaker 4: So when I say our country is broke and the
• 3:31
  Speaker 4: positives are yes, amazing stock market, you probably have some
• 3:36
  Speaker 4: of the best opportunities here compared to other countries. I
• 3:40
  Speaker 4: think that leader is slowly diminishing. But I think we
• 3:43
  Speaker 4: need much better leadership politically.
• 3:46
  Speaker 6: Yeah, but now I was gonna say, I mean, that's
• 3:49
  Speaker 6: kind of like what the agency was saying. Like if
• 3:51
  Speaker 6: you even read their quote, it was one of the
• 3:53
  Speaker 6: reasons for the downgrade, the number one thing except was
• 3:56
  Speaker 6: the repeated debt and the political standoffs and last lasts,
• 4:00
  Speaker 6: and so we've seen these Hey, the government's gonna shut down,
• 4:03
  Speaker 6: government's gonna shut down.
• 4:04
  Speaker 7: Yeah, I mean at the last minute, I will.
• 4:07
  Speaker 8: Figure it out, but there might be a time where
• 4:09
  Speaker 8: they don't figure it out.
• 4:11
  Speaker 4: That's really I was talking to my mom about this
• 4:14
  Speaker 4: the other day. But let's go back to nineteen seventy.
• 4:19
  Speaker 4: What presidents would you have run your company or a
• 4:22
  Speaker 4: major company that were president over the last forty or
• 4:24
  Speaker 4: fifty years. It shouldn't take that long to answer, Like, Congress,
• 4:33
  Speaker 4: I think we need to I think we're shot. You
• 4:35
  Speaker 4: brought this up a couple of weeks ago. There needs
• 4:37
  Speaker 4: to be an age limit on how long you can
• 4:40
  Speaker 4: be in Congress as well. I think some of the
• 4:42
  Speaker 4: leadership decisions that are being made would not be made
• 4:44
  Speaker 4: if we had more thirty year olds, forty year olds
• 4:46
  Speaker 4: and fifty year olds there. I know everyone dragted Nancy
• 4:52
  Speaker 4: Pelosi over the coldest for our stock and trade and
• 4:54
  Speaker 4: investment insights and returns that.
• 4:56
  Speaker 5: She's able to get, but I think we need a
• 4:58
  Speaker 5: complete overhaul of our political system because things are not
• 5:03
  Speaker 5: going well.
• 5:04
  Speaker 4: I know some people are going to argue that the
• 5:06
  Speaker 4: rating agency doesn't matter, but I think in combination with
• 5:10
  Speaker 4: real estate going up as quickly as it did over
• 5:13
  Speaker 4: the last three years, we're going to hover around five
• 5:15
  Speaker 4: to eight percent for the next seven to eight years
• 5:18
  Speaker 4: for the overall interest rates. This is going to drive
• 5:21
  Speaker 4: It's feeling like two thousand and seven. I remember when
• 5:23
  Speaker 4: I was in Atlanta in two thousand and seven and
• 5:26
  Speaker 4: Norcross and Alpharetta, and everyone was like, Yo, everything's going
• 5:30
  Speaker 4: to be fine. And it took an act of God,
• 5:32
  Speaker 4: damn near to make the recession go away, and business
• 5:35
  Speaker 4: was a lot slower. And if we don't fix this
• 5:38
  Speaker 4: very soon, I think we can go back to a
• 5:40
  Speaker 4: much slower economy. I know we talked about it last week.
• 5:42
  Speaker 4: Shout out to dbs Maul, I appreciate you. He'll drop
• 5:46
  Speaker 4: a lot of money bags in the comments, but there's
• 5:48
  Speaker 4: not a lot of people that have a lot of
• 5:50
  Speaker 4: money that is freely flowing around, and businesses are getting tighter.
• 5:53
  Speaker 5: And we'll talk about Apple later.
• 5:55
  Speaker 4: Even Apple started to suffer slower iPad and iPhone sales
• 6:00
  Speaker 4: as a result because money is not flowing around. So
• 6:02
  Speaker 4: if we do not turn this around, it's going to
• 6:05
  Speaker 4: be an issue. I'll say this and wrap it up.
• 6:08
  Speaker 4: But I do think if we have a president that
• 6:10
  Speaker 4: poses a real solution to some of these problems, he
• 6:13
  Speaker 4: could probably want to be one of the greatest superheroes
• 6:15
  Speaker 4: of this century. Because no one I hear on a
• 6:18
  Speaker 4: not Divivak, not Trump, not Robert F. Kennedy, not Biden.
• 6:22
  Speaker 4: I don't hear anyone talking about a real solution. So
• 6:25
  Speaker 4: for all the politicians that listen, man, if one of
• 6:29
  Speaker 4: you gets on a platform like this one or invest
• 6:32
  Speaker 4: that so market mondays and give people an actual solution
• 6:35
  Speaker 4: and tell people the truth about what it's going to
• 6:37
  Speaker 4: take to turn the country around.
• 6:39
  Speaker 5: You are there to be a dictator.
• 6:41
  Speaker 4: But I don't see anyone in the political landscape that
• 6:44
  Speaker 4: is willing to do so. But when I'm looking forward
• 6:46
  Speaker 4: to edge on what we need. We need a fearless
• 6:48
  Speaker 4: leader that can rally not only the citizens, but senators
• 6:53
  Speaker 4: and congressmen to have changed come about.
• 6:57
  Speaker 7: So does this affect us from an investor standpoint?
• 6:59
  Speaker 8: Right is absolutely, But from the standpoint like if we're
• 7:02
  Speaker 8: looking at politics, this doesn't mean we've seen there hasn't
• 7:08
  Speaker 8: been by partisanship for we could say last ten years,
• 7:12
  Speaker 8: but for the past five it's been terrible.
• 7:15
  Speaker 7: It's been absolutely terrible.
• 7:16
  Speaker 8: I don't see any let up on this, and so
• 7:21
  Speaker 8: can we can we say that this can We're only
• 7:24
  Speaker 8: getting downgraded in the first in the first agency.
• 7:27
  Speaker 7: Can you see it happening in SMP and Moodies as well?
• 7:30
  Speaker 4: Absolutely? I mean SMP was the one who did twelve
• 7:33
  Speaker 4: years ago. And if Moody does it, which is one
• 7:35
  Speaker 4: of my favorite stocks ticker MCO. So you guys can
• 7:38
  Speaker 4: watch that and put that in your watch list, but
• 7:40
  Speaker 4: if they do it as well, it's really just saying
• 7:43
  Speaker 4: what I've.
• 7:45
  Speaker 7: Earnest, what's up?
• 7:45
  Speaker 9: You ever walk into a small business and everything just
• 7:48
  Speaker 9: works like the checkout is fast, the receipts are digital,
• 7:52
  Speaker 9: tipping is a breeze, and you're out the door before
• 7:55
  Speaker 9: the line even builds. Odds are they're using Square. We
• 7:59
  Speaker 9: love support businesses that run on Square because it just
• 8:02
  Speaker 9: feels seamless. Whether it's a local coffee shop, a vendor
• 8:05
  Speaker 9: at a pop up market, or even one of our
• 8:07
  Speaker 9: merch partners, Square makes it easy for them to take payments,
• 8:11
  Speaker 9: manage inventory, and run their business with confidence, all from
• 8:15
  Speaker 9: one simple system. If you're a business owner or even
• 8:18
  Speaker 9: just thinking about launching something soon, Square is hands down
• 8:22
  Speaker 9: one of the best tools out there to help you start, run,
• 8:25
  Speaker 9: and grow. It's not just about payments, it's about giving
• 8:29
  Speaker 9: you time back so you can focus on.
• 8:31
  Speaker 7: What matters most ready.
• 8:32
  Speaker 9: To see how Square can transform your business, visit Square
• 8:35
  Speaker 9: dot com backslash go backslash eyl to learn more that
• 8:40
  Speaker 9: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.
• 8:46
  Speaker 9: Let's Square handle the back end so you can keep
• 8:48
  Speaker 9: pushing your vision forward. This episode is brought to you
• 8:54
  Speaker 9: by P and C Bank. A lot of people think
• 8:57
  Speaker 9: podcasts about work are boring, and sure they definitely can be,
• 9:01
  Speaker 9: but understanding a professionals routine shows us how they achieve
• 9:04
  Speaker 9: their success little by little, day after day.
• 9:08
  Speaker 7: It's like banking with P and C bank.
• 9:10
  Speaker 9: It might seem boring to save, plan and make calculated
• 9:13
  Speaker 9: decisions with your bank, but keeping your money boring is
• 9:16
  Speaker 9: what helps you live or more happily fulfilled life. P
• 9:20
  Speaker 9: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
• 9:25
  Speaker 9: Boring since eighteen sixty five is a service mark of
• 9:27
  Speaker 9: the PNC Financial Service Group, Inc. P and C Bank
• 9:31
  Speaker 9: National Association Member FDIC.
• 9:35
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 9:39
  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
• 9:43
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 9:47
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 9:51
  Speaker 1: some of the heinous migrant criminals caught because of President
• 9:55
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom, the United States
• 9:58
  Speaker 1: Secretary of Homelands Security. Under President Trump, attempted illegal border
• 10:03
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 10:07
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 10:10
  Speaker 1: were here illegally, your next you will be fine nearly
• 10:14
  Speaker 1: one thousand dollars a day. Imprisoned and deported, you will
• 10:18
  Speaker 1: never return. But if you register using our CBP home
• 10:22
  Speaker 1: app and leave now. You could be allowed to return legally.
• 10:25
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 10:30
  Speaker 1: border and families will be protected.
• 10:33
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 10:35
  Speaker 4: Been screaming since two years ago, even though they won't
• 10:40
  Speaker 4: announce that we are in a recession. The business fundamentals
• 10:43
  Speaker 4: of the country is now. If I was to look
• 10:45
  Speaker 4: at the United States of America like a company, what
• 10:50
  Speaker 4: is this benefit really? Technology and some of the exports
• 10:54
  Speaker 4: that we do have great? Who is the CEO? Biden
• 10:56
  Speaker 4: would be CEO? Is he the best? What are some
• 11:02
  Speaker 4: of our weaknesses? And we have a bunch of industries
• 11:04
  Speaker 4: and a bunch of countries trying to team up at
• 11:06
  Speaker 4: one time to take us down.
• 11:08
  Speaker 5: There are some changes that need to be made.
• 11:09
  Speaker 4: So yeah, Tuesday through Friday of last week the market
• 11:12
  Speaker 4: fell apart, like Apple went from one ninety something to
• 11:14
  Speaker 4: one fell four percent and one day.
• 11:18
  Speaker 5: That's not because of the earners report.
• 11:20
  Speaker 4: People are being a lot more And I always go
• 11:24
  Speaker 4: to Troy, like to Rashad's example. So whenever you tell
• 11:27
  Speaker 4: Rashad about investment, he's gonna We'll tell me how it
• 11:29
  Speaker 4: won't work. It reminds me a lot of my dad.
• 11:31
  Speaker 4: My dad doesn't want to hear about any of the upside.
• 11:33
  Speaker 4: Tell me what can go wrong. One of the things
• 11:35
  Speaker 4: that can drag tech and a nastack down dramatically is
• 11:39
  Speaker 4: these ratings.
• 11:40
  Speaker 5: And then if they.
• 11:41
  Speaker 4: Start telling the truth about how our economy is doing.
• 11:45
  Speaker 4: This is just one rating agency that most people never
• 11:47
  Speaker 4: heard of, and the market fell five percent. I imagine
• 11:51
  Speaker 4: if they come out and just say, yeah, without quantitative Eason,
• 11:54
  Speaker 4: we wouldn't have done well. We don't have a plan
• 11:56
  Speaker 4: to fix it because I'm not hearing many people pose
• 11:59
  Speaker 4: many solutions. That's why I think like Market Monday's the
• 12:01
  Speaker 4: show markut Monday's Live the Best that'st is so important
• 12:04
  Speaker 4: because you're going to get a chance to hear from
• 12:07
  Speaker 4: billionaires and millionaires that are like.
• 12:10
  Speaker 5: Actively trying to fit some of these solutions.
• 12:13
  Speaker 4: But it definitely will affect us because if Yellow the
• 12:16
  Speaker 4: trucking company went out of business, Disney's having trouble. When
• 12:19
  Speaker 4: I when it did my analysis earlier, Disney only has
• 12:23
  Speaker 4: like a thirty seven percent excuse me, less than two
• 12:25
  Speaker 4: percent chance of going out of business, But ten years
• 12:28
  Speaker 4: ago it was less than zero point three percent that
• 12:31
  Speaker 4: they zero point zeros are three percent that they could.
• 12:34
  Speaker 4: America I won't say is in a decline phase, but
• 12:37
  Speaker 4: it is. The economy is a lot softer than we
• 12:40
  Speaker 4: needed to be. And the truth is, we talked about
• 12:43
  Speaker 4: it before. There are a lot of jobs that are available,
• 12:44
  Speaker 4: but they are not high pain. And even when I'm
• 12:47
  Speaker 4: seeing travel internationally, I asked at the front, ask them
• 12:50
  Speaker 4: like how are sales? One of my favorite questions to ask,
• 12:53
  Speaker 4: and down sixty percent year of a year. We're the
• 12:57
  Speaker 4: customer base four turks. So if we're going most people
• 13:01
  Speaker 4: are hurting. Rent is going up, mortgages are going up.
• 13:05
  Speaker 4: This is definitely going to be a tougher time and
• 13:08
  Speaker 4: we need leadership to come in and fix us. But
• 13:10
  Speaker 4: I definitely want to ask you guys, what do you think?
• 13:11
  Speaker 4: Because you're traveling around, you're talking to different people. Got
• 13:14
  Speaker 4: an amazing episode coming out Friday. We'll love to hear
• 13:17
  Speaker 4: their thoughts on economy. But but how do you guys feel
• 13:20
  Speaker 4: about this writing?
• 13:23
  Speaker 3: Yeah, I don't think that it's a tremendously big deal
• 13:25
  Speaker 3: in the grand scheme of things, but when it's not,
• 13:29
  Speaker 3: it's not beneficial. That's why I always look at life like,
• 13:32
  Speaker 3: you know, some like it's like, okay, should we do
• 13:37
  Speaker 3: a commercial for market Mondays. It couldn't hurt, It might not,
• 13:42
  Speaker 3: might not be, might not be the most beneficial beneficial,
• 13:45
  Speaker 3: but couldn't it couldn't hurt. And then it's like, all right, well,
• 13:50
  Speaker 3: if the audio is extremely bad on Market Mondays, right,
• 13:54
  Speaker 3: people still probably tune in, but it can't help.
• 13:59
  Speaker 5: Yeah.
• 14:00
  Speaker 3: I mean like sometimes that's how I look at life, like,
• 14:04
  Speaker 3: it can't be beneficial for America or for the economy.
• 14:09
  Speaker 3: It might not be the tipping point that's going to
• 14:11
  Speaker 3: break it at the stock market, but it's not helpful.
• 14:16
  Speaker 3: And you know, if this starts a trend and you know,
• 14:19
  Speaker 3: people become more and more you know, scary and weary
• 14:24
  Speaker 3: about you know, America's ability to pay back its loans,
• 14:30
  Speaker 3: that's never beneficial. So I think that I'm not one
• 14:35
  Speaker 3: hundred percent worried about this right now. I don't think
• 14:40
  Speaker 3: it's too big of a deal, but it is something
• 14:43
  Speaker 3: to at the very least be aware of and to
• 14:46
  Speaker 3: monitor because it's not something that you want to you know,
• 14:50
  Speaker 3: continuously go down.
• 14:51
  Speaker 7: It's this slope of getting downgraded. Yeah, I will add
• 14:56
  Speaker 7: just briefly to that.
• 14:56
  Speaker 8: I mean when we think of the word credit and
• 14:58
  Speaker 8: we think about even from a personal standpoint, and I'd
• 15:01
  Speaker 8: like to rely on that because it just means how
• 15:04
  Speaker 8: trustworthy are you? Yep, right, Like from a personal standpoint,
• 15:08
  Speaker 8: from a country standpoint, you're talking about the leader, and
• 15:10
  Speaker 8: from a global economy the United States, how trustworthy are
• 15:14
  Speaker 8: we if we continue to have so much debt and
• 15:16
  Speaker 8: our GDP is not matching or keeping up pace with that.
• 15:19
  Speaker 8: And so we name the non countries that have triple
• 15:23
  Speaker 8: A ratings, so you know, number one thing it tells
• 15:26
  Speaker 8: you is that these people are going to be trusted
• 15:28
  Speaker 8: and so what will business look like going forward for
• 15:31
  Speaker 8: those countries?
• 15:32
  Speaker 7: And how do we get back to that standpoint?
• 15:34
  Speaker 8: I know we sat from a political standpoint, that's the
• 15:36
  Speaker 8: first piece, but that's just one thing, right, Like the
• 15:39
  Speaker 8: political part is one part.
• 15:40
  Speaker 7: But how do we pay off the debt?
• 15:42
  Speaker 8: Like the piece putting the pieces in place are important,
• 15:44
  Speaker 8: but what is the action plan to actually alleviate some
• 15:47
  Speaker 8: of this debt? Because it hasn't it's only going up
• 15:50
  Speaker 8: over the past five ten years.
• 15:53
  Speaker 4: Yeah, I know, Trumack made the point, like we still
• 15:56
  Speaker 4: are the number one country, have the number one currency,
• 15:59
  Speaker 4: and what our investors alternatives with. The alternative is to
• 16:02
  Speaker 4: do nothing. You don't have to park your because like
• 16:06
  Speaker 4: a lot of foreign entities don't want to buy our
• 16:08
  Speaker 4: debt at this current rate.
• 16:10
  Speaker 5: Option is to put it elsewhere.
• 16:11
  Speaker 4: Like that's why we talked about the Saudi's and shout
• 16:14
  Speaker 4: out to whoever made the opinion piece talking about shit,
• 16:17
  Speaker 4: the Saudis go after Lebron after we talked about it
• 16:19
  Speaker 4: last week. I appreciate you, but give us credit. But
• 16:23
  Speaker 4: the option is to always do nothing. Like private equity
• 16:28
  Speaker 4: and like the top tier firms are very good at
• 16:32
  Speaker 4: putting their powder on the side and winning for the
• 16:34
  Speaker 4: right opportunity. And I keep saying that there shouldn't be
• 16:37
  Speaker 4: seven companies that are ruling the returns of twenty twenty three.
• 16:43
  Speaker 4: I mean, if you want to dice it down to
• 16:45
  Speaker 4: international companies as well, and maybe like fourteen companies overall
• 16:48
  Speaker 4: that are just like consistently dominating out of six thousand stocks.
• 16:53
  Speaker 4: If that isn't a sign that our credit is weakening
• 16:56
  Speaker 4: and that the economy is in the stable as it
• 16:58
  Speaker 4: should be, I don't know what it is, but.
• 17:01
  Speaker 5: Stay tuned.
• 17:02
  Speaker 4: And that's why I always say you have to invest
• 17:04
  Speaker 4: in the best companies because they'll provide your return regardless
• 17:08
  Speaker 4: of what the market is giving you at the time.
• 17:11
  Speaker 8: So how will they refinance the debt? That'll be the question.
• 17:16
  Speaker 5: It's gonna be tough.
• 17:18
  Speaker 1: We'll see an illegal alien from Guatemala charged with raping
• 17:22
  Speaker 1: a child in Massachusetts, an MS thirteen gang member from
• 17:25
  Speaker 1: Al Salvador accused of murdering a Texas man of Venezuelan
• 17:30
  Speaker 1: charged with filming and selling child pornography in Michigan. These
• 17:34
  Speaker 1: are just some of the heinous migrant criminals caught because
• 17:38
  Speaker 1: of President Donald J. Trump's leadership. I'm Christy Noman, the
• 17:41
  Speaker 1: United States Secretary of Homeland Security. Under President Trump, attempted
• 17:46
  Speaker 1: illegal border crossings are at the lowest levels ever recorded,
• 17:50
  Speaker 1: and over one hundred thousand illegal aliens have been arrested.
• 17:53
  Speaker 1: If you are here illegally, your next you will be
• 17:57
  Speaker 1: fine nearly one thousand dollars a day in prison and deported.
• 18:01
  Speaker 1: You will never return. But if you register using our
• 18:04
  Speaker 1: CBP home app and leave now, you could be allowed
• 18:08
  Speaker 1: to return legally. Do what's right. Leave now. Under President Trump,
• 18:13
  Speaker 1: America's laws, border and families will be protected.
• 18:17
  Speaker 2: Sponsored by the United States Department of Homeland Security,