Latest / Earn Your Leisure / Professional Development: 95% of NFTs Are Now Worthless: What Happened?

Transcript

Professional Development: 95% of NFTs Are Now Worthless: What Happened? · 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.
• 0:20
  Speaker 2: Trump's leadership.
• 0:21
  Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.
• 0:25
  Speaker 1: Under President Trump, attempted illegal border crossings are at the
• 0:29
  Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
• 0:33
  Speaker 1: aliens have been arrested. If you are here illegally, your
• 0:37
  Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,
• 0:41
  Speaker 1: and deported.
• 0:42
  Speaker 2: You will never return.
• 0:44
  Speaker 1: But if you register using our CBP home app and
• 0:47
  Speaker 1: leave now, you could be allowed to return legally.
• 0:50
  Speaker 2: Do what's right. Leave now.
• 0:53
  Speaker 1: Under President Trump, America's laws, border and families will be protected.
• 0:57
  Speaker 3: Sponsored by the United States Department of Homeland.
• 0:59
  Speaker 4: Security, NFTs reported this at the end of the day
• 1:04
  Speaker 4: that ninety five percent of NFTs are currently worthless. Uh
• 1:11
  Speaker 4: stark draw down from the glory days a few years ago,
• 1:16
  Speaker 4: when things were running rampant, and people were buying Board
• 1:20
  Speaker 4: eight yachts for six hundred thousand dollars. So Board eight
• 1:26
  Speaker 4: six hundred thousand. So the NFT market looks like it
• 1:31
  Speaker 4: has I don't want to say collapse, because there are
• 1:36
  Speaker 4: is not dead completely, but definitely.
• 1:40
  Speaker 3: Vital size in a danger area.
• 1:42
  Speaker 5: Danger area for sure.
• 1:44
  Speaker 4: But we also saw the same thing with crypto if
• 1:46
  Speaker 4: you think about it, you know around twenty seventeen, twenty eighteen,
• 1:51
  Speaker 4: when a crypto crashed and probably I don't know the
• 1:53
  Speaker 4: exact percentages per se, but I would say probably around
• 1:57
  Speaker 4: ninety percent of cryptocurrencies we're worthless, right for Crypto still here,
• 2:02
  Speaker 4: Ethereum is still here, XRP still here, bitcoins still here.
• 2:05
  Speaker 4: So it didn't that didn't destroy crypto. We also saw
• 2:08
  Speaker 4: the same thing with the dot com boom. Again I
• 2:10
  Speaker 4: don't know the exact percentages, but a large, a large
• 2:15
  Speaker 4: portion of those companies fell apart and fell off the
• 2:18
  Speaker 4: face of the earth. So okay, So what does it
• 2:22
  Speaker 4: say about the current NFT marketing? Where are we at
• 2:25
  Speaker 4: with NFTs?
• 2:26
  Speaker 6: I just put some context behind the numbers.
• 2:28
  Speaker 7: So we have out of the seventy three thousand, two
• 2:32
  Speaker 7: hundred and fifty seven NFT collections sixty nine thousand, seven
• 2:36
  Speaker 7: hundred and ninety five have a market cap of zero
• 2:38
  Speaker 7: ether right, so not dead, but doesn't look pretty Of
• 2:43
  Speaker 7: that number, approximately twenty three million investors own these tokens
• 2:47
  Speaker 7: with no practical.
• 2:48
  Speaker 6: Use or value. So dead no trouble signs.
• 2:53
  Speaker 7: Yes, But I like the comparison that you just said
• 2:56
  Speaker 7: with the cryptocurrency and the dot com. It's about finding
• 3:00
  Speaker 7: which companies over the next five to ten years will
• 3:03
  Speaker 7: be the ones that stay around, which ones have practical use,
• 3:06
  Speaker 7: which have functionality that can sustain over time. And so
• 3:10
  Speaker 7: that looks like what has happened here, But I don't
• 3:14
  Speaker 7: think the technology is that. I think that's the key
• 3:16
  Speaker 7: part that people really need to remember is that, yes,
• 3:19
  Speaker 7: that this case scenario has looked gloomy, but the technology,
• 3:25
  Speaker 7: when it's done right, will be here.
• 3:29
  Speaker 6: You can go yeah.
• 3:32
  Speaker 8: I know everyone thinks that I'm going to come on
• 3:34
  Speaker 8: and say I told you so, I'm not. When George
• 3:35
  Speaker 8: hit the game winner in Game six over the Jazz,
• 3:39
  Speaker 8: he just shot the ball, let it go in and
• 3:41
  Speaker 8: went back down court, I'll say there's too many people
• 3:44
  Speaker 8: copy board API club and crypto punks as a grift.
• 3:48
  Speaker 8: I know that's a favorite term going around on the internet.
• 3:52
  Speaker 8: Number two, I agree that most spaces, when they're not valuable,
• 3:56
  Speaker 8: will draw down ninety to ninety five percent. And my
• 3:58
  Speaker 8: main thing that I was saying regarding NFTs is that
• 4:02
  Speaker 8: most of them have no value. The underlying technology is amazing.
• 4:05
  Speaker 8: But thirdly, even though some may not want me to
• 4:08
  Speaker 8: say this, a lot of the banks and major institutions
• 4:11
  Speaker 8: were complicit and maybe having this market draw down so
• 4:17
  Speaker 8: that they can come in and then put their projects
• 4:20
  Speaker 8: on certain platforms and allow them to do incredibly well.
• 4:25
  Speaker 3: But the bigger point is, like most companies that.
• 4:27
  Speaker 8: Have no use cases, that have no real world resolution,
• 4:31
  Speaker 8: don't solve a real problem, does not speed up revenue
• 4:35
  Speaker 8: top line revenue, bottom line revenue, does not give you
• 4:37
  Speaker 8: high in that margin, does not make the lives better
• 4:40
  Speaker 8: for those in Asia, United States, Mexico are going to
• 4:44
  Speaker 8: fail anyway.
• 4:45
  Speaker 3: We'll talk about IPOs later, but I.
• 4:47
  Speaker 8: Think the bigger macro picture that we're looking at is
• 4:49
  Speaker 8: that when you launch a project or a company at
• 4:52
  Speaker 8: the tail end of a financial boom, which was quantitative
• 4:55
  Speaker 8: easing from the time Obama got an office until twenty
• 4:59
  Speaker 8: twenty one, when they started to tell you that they
• 5:02
  Speaker 8: were going to tighten. You have to know what cycle
• 5:04
  Speaker 8: we're in. A lot of companies did incredibly well just
• 5:08
  Speaker 8: by being in the middle of the twenty ten, twenty fifteen,
• 5:11
  Speaker 8: twenty sixteen rain and had six or seven years to
• 5:14
  Speaker 8: run free. But most of these projects when they were
• 5:17
  Speaker 8: launched were worthless, if you will. But that's the one
• 5:21
  Speaker 8: thing about the efficient market hypothesis. The companies that are
• 5:24
  Speaker 8: good and projects that are good will stay afloat. The
• 5:27
  Speaker 8: ones that are not will die. And I was talking
• 5:29
  Speaker 8: to a brother at Revolt the same day when that
• 5:32
  Speaker 8: news was announced. That was an NFT that came out,
• 5:35
  Speaker 8: that went out, shot out ninety five percent, and has
• 5:38
  Speaker 8: held some value since then. So I think we're just
• 5:41
  Speaker 8: seeing a mass exodus or a mass correction in the
• 5:44
  Speaker 8: projects and or companies that are not doing well. For
• 5:47
  Speaker 8: anyone who thinks that I'm caping, no I'm not. But
• 5:50
  Speaker 8: there's just not a reason for.
• 5:52
  Speaker 3: Me to beat a dead horse.
• 5:54
  Speaker 8: I may give them a sledgehimmer out at the back
• 5:56
  Speaker 8: half of the show caping.
• 6:00
  Speaker 6: Okay, we're going wrong with that on a cap got you?
• 6:04
  Speaker 6: Got you? Yeah? I mean it's interesting.
• 6:06
  Speaker 7: The other part of it was people started looking at
• 6:08
  Speaker 7: the environmental impact of having NFTs, which is something you
• 6:12
  Speaker 7: never hear about when people are making money, and so
• 6:15
  Speaker 7: you hear about the carbon admission that goes into minting
• 6:18
  Speaker 7: and if you have more products being minted, the energy
• 6:21
  Speaker 7: that it takes, so that becomes an issue.
• 6:24
  Speaker 6: And then again it the average price.
• 6:27
  Speaker 7: And we can't say dead right because the average price
• 6:29
  Speaker 7: of the board got apes are now forty thousand. It's
• 6:32
  Speaker 7: so far a cry from the six hundred and the
• 6:34
  Speaker 7: five hundred thousand dollars.
• 6:36
  Speaker 6: But they're still there now.
• 6:37
  Speaker 7: The things right, they're still there though like a forty
• 6:41
  Speaker 7: thousand dollars value, it's still it's not worthless. But the
• 6:44
  Speaker 7: thing that they have, I guess to their advantage is
• 6:46
  Speaker 7: that the technology, like I said, I don't think goes away,
• 6:49
  Speaker 7: and so they can turn it into something that can
• 6:52
  Speaker 7: become incentivized or it can become something where we're having
• 6:55
  Speaker 7: it outing. And if you have it like that, they
• 6:58
  Speaker 7: still have that technology. It's just about is that now
• 7:00
  Speaker 7: worth the course of analysis that you paid? Probably not for.
• 7:04
  Speaker 8: Everyone in the crypto space. I know you're going to say,
• 7:06
  Speaker 8: I'm not a crypto expert. That's fine, but when we
• 7:08
  Speaker 8: talk investing, I said, the master investor out that master
• 7:12
  Speaker 8: investor stocks. I'm going to tell you something that I
• 7:15
  Speaker 8: think would help a lot is to not tell what
• 7:17
  Speaker 8: you plan to do. I can't prove it, but anyone
• 7:21
  Speaker 8: that I talk to in the music industry has not
• 7:22
  Speaker 8: said that I'm wrong. As soon as they started saying
• 7:25
  Speaker 8: that they're going to put an artists on these platforms
• 7:27
  Speaker 8: to give royalties to some of the biggest artists, you
• 7:31
  Speaker 8: don't think Universal Sony got on the line that labeled
• 7:34
  Speaker 8: bad Bunny assigned to and said, hey, let's find a
• 7:37
  Speaker 8: way to kill this market. As soon as that became
• 7:42
  Speaker 8: the narrative. And I love the royalty model, I love
• 7:45
  Speaker 8: the fan payment model. I love that everything can be
• 7:47
  Speaker 8: tracked on a blockchain. But when you start to become
• 7:51
  Speaker 8: a threat to one of the biggest industries and exports
• 7:56
  Speaker 8: of our country, you're going to have some pushback. We
• 7:59
  Speaker 8: taught inrypto in general. As soon as crypto was saying
• 8:02
  Speaker 8: that we're going to take over at banking, everybody in
• 8:04
  Speaker 8: banking got together and own majority of crypto. Even though
• 8:09
  Speaker 8: Chebank they are offering bitcoin and crypto custody services They
• 8:13
  Speaker 8: currently manage one point three four trillion dollars they expect
• 8:16
  Speaker 8: over the next ten years to get up to two trillion.
• 8:19
  Speaker 7: This episode is brought to you by P and C Bank.
• 8:22
  Speaker 7: A lot of people think podcasts about work are boring,
• 8:25
  Speaker 7: and sure they definitely can be, but understanding of professionals
• 8:29
  Speaker 7: routine shows us how they achieve their success little by little,
• 8:32
  Speaker 7: day after day. It's like banking with P and C Bank.
• 8:36
  Speaker 7: It might seem boring to save, plan and make calculated
• 8:39
  Speaker 7: decisions with your bank, but keeping your money boring is
• 8:42
  Speaker 7: what helps you live or more happily fulfilled life. P
• 8:46
  Speaker 7: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
• 8:51
  Speaker 7: Boring since eighteen sixty five is a service mark of
• 8:53
  Speaker 7: the P and C Financial Service Group, Inc. P and
• 8:56
  Speaker 7: C Bank National Association Member FDIC.
• 9:02
  Speaker 6: Earners. What's Up?
• 9:03
  Speaker 7: You ever walk into a small business and everything just
• 9:06
  Speaker 7: works like the checkout is fast, the receipts are digital,
• 9:09
  Speaker 7: tipping is a breeze, and you're out the door before
• 9:12
  Speaker 7: the line even builds. Odds are they're using Square? We
• 9:17
  Speaker 7: love supporting businesses that run on Square because it just
• 9:19
  Speaker 7: feels seamless. Whether it's a local coffee shop, a vendor
• 9:23
  Speaker 7: at a pop up market, or even one of our
• 9:25
  Speaker 7: merch partners. Square makes it easy for them to take payments,
• 9:29
  Speaker 7: manage inventory, and run their business with confidence, all from
• 9:33
  Speaker 7: one simple system. If you're a business owner or even
• 9:36
  Speaker 7: just thinking about launching something soon, Square is hands down
• 9:40
  Speaker 7: one of the best tools out there to help you start,
• 9:42
  Speaker 7: run and grow. It's not just about payments, it's about
• 9:46
  Speaker 7: giving you time back so you can focus on what
• 9:49
  Speaker 7: matters most ready. To see how Square can transform your business,
• 9:53
  Speaker 7: visit Square dot com backslash go backslash eyl to learn
• 9:57
  Speaker 7: more that Square dot com backs slash, go backslash euyl.
• 10:02
  Speaker 7: Don't wait, don't hesitate. Let's Square handle the back end
• 10:05
  Speaker 7: so you can keep pushing your vision forward.
• 10:09
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 10:13
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 10:17
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 10:21
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 10:25
  Speaker 1: some of the heinous migrant criminals caught because of President
• 10:29
  Speaker 1: Donald J.
• 10:30
  Speaker 2: Trump's leadership.
• 10:31
  Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.
• 10:35
  Speaker 1: Under President Trump, attempted illegal border crossings are at the
• 10:39
  Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
• 10:43
  Speaker 1: aliens have been arrested. If you are here illegally, your
• 10:46
  Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,
• 10:51
  Speaker 1: and deported.
• 10:52
  Speaker 2: You will never return.
• 10:54
  Speaker 1: But if you register using our CBP home app and
• 10:57
  Speaker 1: leave now, you could be allowed.
• 10:59
  Speaker 2: To return legally. Do what's right. Leave now.
• 11:02
  Speaker 1: Under President Trump America's laws, border and families.
• 11:06
  Speaker 3: Will be protected sponsored by the United States Department of
• 11:09
  Speaker 3: Homeland Security if they add bitcoin and cryptocurrencies to their offerings.
• 11:14
  Speaker 3: So I love the model as it strike ends with
• 11:17
  Speaker 3: the writers.
• 11:18
  Speaker 8: That's great, But I think these projects have to be
• 11:21
  Speaker 8: a lot more quiet and not tell what they ultimately
• 11:24
  Speaker 8: plan to do. Otherwise the industry is going to attack you.
• 11:28
  Speaker 3: Am I keeping the coining, I'm doing good.
• 11:30
  Speaker 6: Great.
• 11:31
  Speaker 4: I think I think the technology is more so suited
• 11:34
  Speaker 4: for real life use case. You know, having authentic authentication
• 11:40
  Speaker 4: of products. That's still something that makes a lot of sense,
• 11:43
  Speaker 4: whether it's with sneakers, whether it were painting, that's that's
• 11:46
  Speaker 4: a that's a real world problem that has still has
• 11:50
  Speaker 4: a bulletproof solution has still not been done. So in
• 11:54
  Speaker 4: the art world, this billion dollars of things every single year,
• 11:56
  Speaker 4: as far as fake painting and people that forge signatures
• 12:03
  Speaker 4: of other artists, different things in that age. Is so
• 12:06
  Speaker 4: n f ts make a lot of sense because if
• 12:08
  Speaker 4: you have an NFT attached to a painting, then it's
• 12:12
  Speaker 4: a one of one and you can verify that it's real.
• 12:16
  Speaker 4: Same thing with sneakers, the same thing with any type
• 12:18
  Speaker 4: of collectibles, autographs, whatever. So as far as you always
• 12:24
  Speaker 4: have to be larry when things are solving problems that
• 12:26
  Speaker 4: are not needed.
• 12:28
  Speaker 8: So said it again, because I think most people gonna
• 12:30
  Speaker 8: skip over, and that's really important.
• 12:32
  Speaker 5: Yeah, that's just business in general.
• 12:33
  Speaker 4: You always want to be leary of you want to
• 12:34
  Speaker 4: invest in, you want to you want to fully support
• 12:37
  Speaker 4: things that solve problems. Yeah, like what I just explained,
• 12:40
  Speaker 4: you want to be leary of investing or supporting things
• 12:44
  Speaker 4: that solve problems that are not really problem, they're not
• 12:47
  Speaker 4: really needed to solve. Meaning so instead of you know,
• 12:53
  Speaker 4: looking at it from the aspect of this n f
• 12:55
  Speaker 4: T is gonna you know, verify that this painter actually
• 12:59
  Speaker 4: painted it, you just want to have an n f
• 13:02
  Speaker 4: T to show on your TV as as digital art,
• 13:05
  Speaker 4: Like that's cool, but that's not really something that is
• 13:08
  Speaker 4: paramount to the survival of.
• 13:10
  Speaker 5: The human species. Or you just want to just have
• 13:13
  Speaker 5: you know, a bunch.
• 13:14
  Speaker 3: Of cool.
• 13:16
  Speaker 4: Like highlights that like digital highlights of Michael Jordan dunking
• 13:21
  Speaker 4: over like and it's like that that this is cool,
• 13:26
  Speaker 4: but that's not really solving any problem, right, just a
• 13:31
  Speaker 4: monkey that just shows on your phone. It's cool to have,
• 13:37
  Speaker 4: but that's not the utmost importance of solving problems, right.
• 13:42
  Speaker 4: So a lot of people got caught up in the
• 13:44
  Speaker 4: NFT from that aspect of it. They got caught up
• 13:46
  Speaker 4: in the oh, I'm just gonna buy this monkey going
• 13:50
  Speaker 4: up so crazy, and it's like you you lost the
• 13:52
  Speaker 4: actual utility part of it for just the hype part
• 13:56
  Speaker 4: of it. And the hype is always going to come
• 13:58
  Speaker 4: down eventually, but the utilities are going to be there.
• 14:01
  Speaker 4: So it's the same thing with crypto. You know, all
• 14:03
  Speaker 4: of those coins and all those projects that was just
• 14:06
  Speaker 4: have no purpose and just you know, it's just there.
• 14:09
  Speaker 4: They all fell apart, but there's real life application for
• 14:12
  Speaker 4: a lot of these coins, and those are the coins
• 14:14
  Speaker 4: that actually have survived, and those are the coins that
• 14:17
  Speaker 4: probably will survive.
• 14:18
  Speaker 5: So yeah, just.
• 14:20
  Speaker 4: You know, think about that, and you know, people buying
• 14:22
  Speaker 4: real estate in the metaverse once again, that's so that's
• 14:24
  Speaker 4: another that's solving a problem that's not a problem.
• 14:27
  Speaker 5: So you're paying fifty thousand dollars.
• 14:29
  Speaker 4: For a house in the metaverse because Snoop Dogg did it,
• 14:33
  Speaker 4: or it's next to Justin Bieber's house. You could rationalize
• 14:35
  Speaker 4: anything in your brain and say, Okay, well this will
• 14:37
  Speaker 4: be the next evolution of real estate, and who knows,
• 14:41
  Speaker 4: potentially it could be too. So yeah, but that's not
• 14:46
  Speaker 4: solving a problem. Buying a building in Cleveland, Ohio next
• 14:52
  Speaker 4: to the Mayo Clinic is solving a problem because there's
• 14:56
  Speaker 4: actually doctors and residents that actually need somewhere to physically
• 14:59
  Speaker 4: live while they're living on Earth, and you can provide
• 15:04
  Speaker 4: them housing. That's that's actually solving a real problem. Buying
• 15:09
  Speaker 4: a ranch in digital world is not necessarily solving a
• 15:14
  Speaker 4: problem right now, So just think about that when you're investing.
• 15:17
  Speaker 4: That's kind of like a litmus test. Is this solving
• 15:20
  Speaker 4: a real problem problem yes? Or is this solving a
• 15:23
  Speaker 4: problem that's not really a problem.
• 15:25
  Speaker 3: Let me run us out to you real quick.
• 15:27
  Speaker 8: When you talk to Robert Smith Amy episode last week
• 15:30
  Speaker 8: was amazing, DC, Young Flower, Colos, Carlos from eighty five,
• 15:33
  Speaker 8: or Chad when you talk to Trap g Z, Steve Harvey,
• 15:37
  Speaker 8: Tabeti Ladoon when I talk to you that has any
• 15:40
  Speaker 8: of them mentioned NFTs. You don't have to like crypto,
• 15:45
  Speaker 8: but if the big players you know who Mike.
• 15:47
  Speaker 3: Novagrats ain't mentioned no fucking NFTs.
• 15:51
  Speaker 8: He's in the space, Kathy once you got on stage,
• 15:54
  Speaker 8: didn't mention one thing about NFTs. Now, if I were
• 15:58
  Speaker 8: a creator, I think God rest his soul. People should
• 16:01
  Speaker 8: have got with Virgial early and use that to authenticate
• 16:05
  Speaker 8: some of the pieces. Should have got with other beasts.
• 16:08
  Speaker 8: Probably should have got with Marcomanski or somebody in real
• 16:12
  Speaker 8: estate to do it there. But it has to, like
• 16:14
  Speaker 8: you said, solve a real use case now for my
• 16:16
  Speaker 8: creators out there.
• 16:17
  Speaker 3: If you do create a solution, since.
• 16:19
  Speaker 8: The market is at a rock bottom, maybe you can
• 16:21
  Speaker 8: provide a solution that will help the real world. So
• 16:25
  Speaker 8: I'm not anti crypto, but just some projects are dumb
• 16:30
  Speaker 8: me my voice, are you dumb? This is the one
• 16:34
  Speaker 8: of them.
• 16:35
  Speaker 3: Shot the Pap and whoever else.
• 16:39
  Speaker 4: You can't make sense that nonsense. So that's something to
• 16:44
  Speaker 4: always keep in mind. Like you know, you can try
• 16:47
  Speaker 4: to make sense out of nonsense.
• 16:50
  Speaker 5: A lot of people will do it.
• 16:51
  Speaker 4: You can rationalize anything that you can if you convince yourself,
• 16:55
  Speaker 4: you can really rationalize anything. But ultimately it's still nonsense.
• 16:59
  Speaker 4: So don't get caught up in the hype. Don't try
• 17:02
  Speaker 4: to make sense out of nonsense because trying to rationalize it,
• 17:06
  Speaker 4: eventually you're going to realize that it's really it's just nonsense.
• 17:11
  Speaker 8: Yeah, and even though it's an alternative investment, make sure
• 17:14
  Speaker 8: you have your core down long term stocks, insurance, real estate,
• 17:20
  Speaker 8: primary business, before you get to NFTs, the girl who's
• 17:25
  Speaker 8: yum yum, all that, before you get the investment in
• 17:27
  Speaker 8: the only fan girls that you're not talking to, and
• 17:29
  Speaker 8: as the manager, meant sure to have your core for down,
• 17:32
  Speaker 8: especially as interest rates go up. We have a bunch
• 17:36
  Speaker 8: of geopolitical threats. The banking spaces came and took taking
• 17:39
  Speaker 8: over crypto. Like, if you're entrepreneur, please write this down.
• 17:43
  Speaker 8: Your job in any business is to accumulate more secrets
• 17:46
  Speaker 8: than anybody else. If this was going to be the
• 17:48
  Speaker 8: hit that everyone said that it was going to be.
• 17:50
  Speaker 8: You wouldn't yell it out on the internet. You wouldn't
• 17:54
  Speaker 8: do it.
• 17:55
  Speaker 4: You wouldn't yell it out on the internet unless you
• 17:58
  Speaker 4: were looking for offset.
• 18:03
  Speaker 3: I'm gonna be in New York this week. I know
• 18:04
  Speaker 3: you tough all on the issues.
• 18:06
  Speaker 8: That's two house arrest the cook up you have, boy,
• 18:15
  Speaker 8: I was talking about considerable drawdow.
• 18:19
  Speaker 6: Opportunities. The only ops I know.
• 18:23
  Speaker 5: Jesus, Jesus, yes well.
• 18:28
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 18:31
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 18:35
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 18:40
  Speaker 1: filming and selling child pornography in Michigan.
• 18:43
  Speaker 2: These are just.
• 18:44
  Speaker 1: Some of the heinous migrant criminals caught because of President
• 18:47
  Speaker 1: Donald J.
• 18:48
  Speaker 2: Trump's leadership. I'm Christine Noman, the.
• 18:50
  Speaker 1: United States Secretary of Homeland Security. Under President Trump, attempted
• 18:55
  Speaker 1: illegal border crossings are at the lowest levels ever recorded.
• 18:59
  Speaker 1: In Over one hundred thousand illegal aliens have been arrested.
• 19:02
  Speaker 1: If you are here illegally, your next you will be fine.
• 19:06
  Speaker 1: Nearly one thousand dollars a day imprisoned and deported, you
• 19:10
  Speaker 1: will never return. But if you register using our CBP
• 19:14
  Speaker 1: home app and leave now, you could be allowed to
• 19:17
  Speaker 1: return legally.
• 19:18
  Speaker 2: Do what's right. Leave now.
• 19:21
  Speaker 1: Under President Trump America's laws, border and families.
• 19:25
  Speaker 2: Will be protected.
• 19:26
  Speaker 3: Sponsored by the United States Department of Homeland Security,