WEBVTT - How US Treasury Borrowing Affects the Bond and Stock Market

0:00:00.040 --> 0:00:03.600
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:00:03.680 --> 0:00:07.480
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:00:07.720 --> 0:00:11.840
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:00:11.920 --> 0:00:15.840
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:00:15.920 --> 0:00:19.680
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:00:19.720 --> 0:00:23.320
<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

0:00:23.320 --> 0:00:28.120
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:00:28.160 --> 0:00:31.680
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:00:31.760 --> 0:00:34.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:00:35.040 --> 0:00:38.920
<v Speaker 1>are here illegally, your next you will be fined nearly

0:00:39.000 --> 0:00:43.000
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

0:00:43.040 --> 0:00:46.680
<v Speaker 1>never return. But if you register using our CBP home

0:00:46.720 --> 0:00:50.120
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:00:50.479 --> 0:00:55.240
<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

0:00:55.400 --> 0:00:57.840
<v Speaker 1>border and families will be protected.

0:00:57.920 --> 0:01:00.440
<v Speaker 2>Sponsored by the United States Department of Homeland Security, the.

0:01:00.480 --> 0:01:05.400
<v Speaker 3>US Treasury to baul seven hundred and seventy six billion

0:01:05.480 --> 0:01:08.399
<v Speaker 3>in the last three months of this year. Right That

0:01:08.480 --> 0:01:10.760
<v Speaker 3>announcement comes ten days out of the government said that

0:01:10.800 --> 0:01:14.559
<v Speaker 3>the fiscal twenty twenty three budget deficit would be around

0:01:14.959 --> 0:01:19.840
<v Speaker 3>one point seven trillion. So what ay, what do we

0:01:19.840 --> 0:01:21.760
<v Speaker 3>make of this and what impact will this have on

0:01:21.840 --> 0:01:23.720
<v Speaker 3>the stock market or overall economy.

0:01:24.040 --> 0:01:26.000
<v Speaker 4>The Doom and Gloom Report is brought to you by

0:01:26.000 --> 0:01:26.840
<v Speaker 4>its market.

0:01:26.520 --> 0:01:33.280
<v Speaker 5>Mondays it's not good, no one wants or that our

0:01:33.319 --> 0:01:39.679
<v Speaker 5>ward is worth nothing. Our geopolitical approach, it's intolerable. I

0:01:39.760 --> 0:01:42.040
<v Speaker 5>was with Shout to my guy Onine one hundred and

0:01:42.240 --> 0:01:44.640
<v Speaker 5>we were having a conversation about the elite, and we've

0:01:44.680 --> 0:01:48.000
<v Speaker 5>had these conversations before like those. Let's say, taking Mark

0:01:48.040 --> 0:01:52.040
<v Speaker 5>Cuban was probably easier to book to get on this

0:01:52.120 --> 0:01:56.520
<v Speaker 5>show in Eyl than someone with the ninetieth of its networth.

0:01:56.600 --> 0:01:56.800
<v Speaker 2>Right.

0:01:57.480 --> 0:01:59.560
<v Speaker 5>I think for too long we've been the bully in

0:01:59.640 --> 0:02:02.600
<v Speaker 5>the world and as a result, when the tables turn,

0:02:03.240 --> 0:02:06.440
<v Speaker 5>the bond market is still in shambles. Stock market, while

0:02:06.480 --> 0:02:08.639
<v Speaker 5>it went up a lot last week, there's still a

0:02:08.720 --> 0:02:10.800
<v Speaker 5>lot of risk out there, and also there is no

0:02:10.919 --> 0:02:14.600
<v Speaker 5>astrametric risk to reward ratio to the upside where it's

0:02:14.639 --> 0:02:19.120
<v Speaker 5>even feasible to buy stocks. Twenty ranked twentyth through one hundred.

0:02:19.960 --> 0:02:23.600
<v Speaker 5>Small cap market is destroyed. Overall, This won't be good.

0:02:24.120 --> 0:02:26.360
<v Speaker 5>I know they're doing what they have to do, but

0:02:26.400 --> 0:02:29.920
<v Speaker 5>once we are seeing these deficits of a one point

0:02:29.960 --> 0:02:32.960
<v Speaker 5>seven trillion the housing market approaching eighteen.

0:02:34.800 --> 0:02:35.399
<v Speaker 4>It's not good.

0:02:35.440 --> 0:02:38.040
<v Speaker 5>And part of all of this, in combination is the

0:02:38.040 --> 0:02:39.960
<v Speaker 5>reason why we only have seven or eight stocks that

0:02:39.960 --> 0:02:42.519
<v Speaker 5>are doing incredibly well. But it's not good for it

0:02:42.639 --> 0:02:46.800
<v Speaker 5>and I wish I had a more optimistic take or

0:02:46.840 --> 0:02:51.320
<v Speaker 5>assessment to give you. But the glory days of America

0:02:51.360 --> 0:02:55.240
<v Speaker 5>are done. The two things that we have going for

0:02:55.320 --> 0:02:59.920
<v Speaker 5>us is that military industrial complex that his uncle fought

0:03:00.080 --> 0:03:02.960
<v Speaker 5>against the cost of this life, and our stock market,

0:03:02.960 --> 0:03:06.040
<v Speaker 5>which is a financial weapon, and both of those are

0:03:06.040 --> 0:03:08.120
<v Speaker 5>getting weaker by the decade.

0:03:08.160 --> 0:03:08.880
<v Speaker 4>I keep saying it.

0:03:09.000 --> 0:03:13.000
<v Speaker 5>If you go back to nineteen eighty eight, which president

0:03:13.080 --> 0:03:17.000
<v Speaker 5>would you let run your portfolio or any major company

0:03:17.520 --> 0:03:20.880
<v Speaker 5>in the United States of America? I can name maybe

0:03:21.000 --> 0:03:24.040
<v Speaker 5>two or three since eighty eight, who is it?

0:03:24.120 --> 0:03:27.600
<v Speaker 2>Two or three? Bill and Barrock?

0:03:28.919 --> 0:03:34.720
<v Speaker 4>Bill Clinton, Bill in Barock breaking.

0:03:34.760 --> 0:03:38.800
<v Speaker 5>It great for the stock market, but we've had bad

0:03:38.880 --> 0:03:41.880
<v Speaker 5>leaders and going off the gold standard huge mistake.

0:03:43.880 --> 0:03:45.920
<v Speaker 4>Will never be able to get that cat back in

0:03:45.920 --> 0:03:46.280
<v Speaker 4>the bag.

0:03:46.360 --> 0:03:49.680
<v Speaker 5>That cat is a saber tooth tiger with twenty thousand

0:03:49.760 --> 0:03:50.920
<v Speaker 5>cousins that you can't defeat.

0:03:51.880 --> 0:03:54.000
<v Speaker 6>I just want to go back just for a clear understanding,

0:03:54.000 --> 0:03:56.600
<v Speaker 6>because the seven hundred and seventy six billion.

0:03:56.400 --> 0:03:57.600
<v Speaker 2>Is a lot.

0:03:57.680 --> 0:04:01.280
<v Speaker 6>But sometimes when narratives are shaped right, there's there's headlines

0:04:01.320 --> 0:04:03.880
<v Speaker 6>that are saying, hey, it came in lower than the expectation,

0:04:04.440 --> 0:04:07.320
<v Speaker 6>which might be a good thing for the market. The

0:04:07.400 --> 0:04:09.600
<v Speaker 6>other part of it is that for the next quarter,

0:04:09.720 --> 0:04:12.360
<v Speaker 6>the first quarter of twenty twenty four, the number is

0:04:12.400 --> 0:04:16.280
<v Speaker 6>going to be eight hundred and sixteen billion, So the

0:04:16.320 --> 0:04:17.960
<v Speaker 6>fourth quarter of this year, which would have been the

0:04:18.000 --> 0:04:21.920
<v Speaker 6>largest ask for any fourth quarter in the history of America,

0:04:22.279 --> 0:04:24.160
<v Speaker 6>and then we're going to lead into you know, the

0:04:24.200 --> 0:04:27.600
<v Speaker 6>next year with going over eight hundred billion, and so

0:04:27.640 --> 0:04:29.000
<v Speaker 6>the bond market is in shambles.

0:04:29.080 --> 0:04:29.520
<v Speaker 2>This is true.

0:04:29.560 --> 0:04:31.640
<v Speaker 6>I'm just going to give contact to people to give

0:04:31.680 --> 0:04:32.520
<v Speaker 6>them a better understand.

0:04:32.839 --> 0:04:33.760
<v Speaker 2>So I wrote this down.

0:04:33.800 --> 0:04:39.960
<v Speaker 6>So when when the Treasury issues fewer bonds than the

0:04:40.000 --> 0:04:45.920
<v Speaker 6>climate is anticipating, that helps. But when more bonds are offered,

0:04:46.080 --> 0:04:49.080
<v Speaker 6>then prices go down on bonds and yields go up.

0:04:49.120 --> 0:04:51.560
<v Speaker 6>And we just talked about that and that relationship between

0:04:52.040 --> 0:04:55.800
<v Speaker 6>yields and bonds, and so in terms of the stock market.

0:04:57.800 --> 0:05:00.560
<v Speaker 6>Good because the yields have are going to come down

0:05:00.760 --> 0:05:04.560
<v Speaker 6>or on the ladder, great because all right, we put

0:05:04.560 --> 0:05:05.880
<v Speaker 6>more than more than be issued.

0:05:05.960 --> 0:05:06.640
<v Speaker 2>You'll stay up.

0:05:09.960 --> 0:05:13.880
<v Speaker 5>I'm looking at it like this tot were from one

0:05:14.040 --> 0:05:17.520
<v Speaker 5>seventy three to eighty six dollars. That's the level was

0:05:17.520 --> 0:05:19.760
<v Speaker 5>at in two thousand and two and two thousand and seven,

0:05:20.400 --> 0:05:25.159
<v Speaker 5>Russell two thousand mid like this is the This is

0:05:25.240 --> 0:05:27.320
<v Speaker 5>like Jeremy Lynz shouts to Jeremy lynn.

0:05:28.520 --> 0:05:29.200
<v Speaker 6>Erners, what's up.

0:05:29.279 --> 0:05:32.480
<v Speaker 7>You ever walk into a small business and everything just works,

0:05:32.680 --> 0:05:36.000
<v Speaker 7>Like the checkout is fast, the receipts are digital, tipping

0:05:36.240 --> 0:05:38.680
<v Speaker 7>is a breeze, and you're out the door before the

0:05:38.720 --> 0:05:43.120
<v Speaker 7>line even builds. Odds are they're using Square. We love

0:05:43.160 --> 0:05:46.320
<v Speaker 7>supporting businesses that run on Square because it just feels seamless.

0:05:46.440 --> 0:05:49.000
<v Speaker 7>Whether it's a local coffee shop, a vendor at a

0:05:49.040 --> 0:05:51.920
<v Speaker 7>pop up market, or even one of our merch partners.

0:05:52.160 --> 0:05:55.919
<v Speaker 7>Square makes it easy for them to take payments, manage inventory,

0:05:56.040 --> 0:05:59.839
<v Speaker 7>and run their business with confidence, all from one simple system.

0:06:00.400 --> 0:06:03.000
<v Speaker 7>If you're a business owner or even just thinking about

0:06:03.040 --> 0:06:06.159
<v Speaker 7>launching something soon, Square is hands down one of the

0:06:06.200 --> 0:06:09.640
<v Speaker 7>best tools out there to help you start run and grow.

0:06:09.920 --> 0:06:12.919
<v Speaker 7>It's not just about payments, It's about giving you time

0:06:13.000 --> 0:06:15.920
<v Speaker 7>back so you can focus on what matters most Ready

0:06:15.960 --> 0:06:19.360
<v Speaker 7>to see how Square can transform your business, visit Square

0:06:19.440 --> 0:06:23.960
<v Speaker 7>dot com backslash go backslash eyl to learn more that

0:06:24.160 --> 0:06:29.600
<v Speaker 7>Square dot Com backslash, go backslash eyl. Don't wait, don't hesitate.

0:06:29.720 --> 0:06:32.080
<v Speaker 7>Let Square handle the back end so you can keep

0:06:32.120 --> 0:06:38.160
<v Speaker 7>pushing your vision forward. This episode is brought to you

0:06:38.240 --> 0:06:40.520
<v Speaker 7>by P and C Bank. A lot of people think

0:06:40.600 --> 0:06:44.479
<v Speaker 7>podcasts about work are boring, and sure, they definitely can be,

0:06:44.960 --> 0:06:48.200
<v Speaker 7>But understanding a professionals routine shows us how they achieve

0:06:48.279 --> 0:06:52.520
<v Speaker 7>their success little by little, day after day. It's like

0:06:52.560 --> 0:06:55.359
<v Speaker 7>banking with P and C Bank. It might seem boring

0:06:55.400 --> 0:06:58.279
<v Speaker 7>to save, plan and make calculated decisions with your bank,

0:06:58.680 --> 0:07:01.120
<v Speaker 7>but keeping your money boring is what helps you live

0:07:01.279 --> 0:07:05.280
<v Speaker 7>or more happily fulfilled life. P and C Bank Brilliantly

0:07:05.360 --> 0:07:09.920
<v Speaker 7>Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty

0:07:09.960 --> 0:07:13.200
<v Speaker 7>five is a service mark of the PNC Financial Service Group, Inc.

0:07:13.680 --> 0:07:17.080
<v Speaker 7>P and C Bank National Association Member FDIC.

0:07:18.840 --> 0:07:22.520
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:07:22.560 --> 0:07:26.320
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:07:26.600 --> 0:07:30.720
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:07:30.800 --> 0:07:34.680
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:07:34.800 --> 0:07:38.560
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:07:38.560 --> 0:07:42.120
<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

0:07:42.160 --> 0:07:46.960
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:07:47.000 --> 0:07:50.560
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:07:50.600 --> 0:07:53.840
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:07:53.920 --> 0:07:57.760
<v Speaker 1>are here illegally, your next you will be fine nearly

0:07:57.840 --> 0:08:01.560
<v Speaker 1>one thousand dollars a day in prison and deported. You

0:08:01.640 --> 0:08:05.160
<v Speaker 1>will never return. But if you register using our CBP

0:08:05.320 --> 0:08:08.040
<v Speaker 1>home app and leave now, you could be allowed to

0:08:08.120 --> 0:08:12.960
<v Speaker 1>return legally. Do what's right. Leave now. Under President Trump,

0:08:13.080 --> 0:08:16.680
<v Speaker 1>America's laws, border and families will be protected.

0:08:16.760 --> 0:08:19.240
<v Speaker 2>Sponsored by the United States Department of Homeland Security.

0:08:19.280 --> 0:08:21.040
<v Speaker 4>Scoring sixty two points a game.

0:08:21.880 --> 0:08:24.200
<v Speaker 5>If I said in this room in twenty twenty and

0:08:24.240 --> 0:08:27.480
<v Speaker 5>told you Arashot Midcap's gonna go to hell, there's gonna

0:08:27.480 --> 0:08:29.480
<v Speaker 5>be seven companies out of five hundreds that are doing well.

0:08:29.560 --> 0:08:32.120
<v Speaker 5>A Troy International stocks are going to be down, and

0:08:32.120 --> 0:08:34.600
<v Speaker 5>the bond market is going to fall to the lowest

0:08:34.600 --> 0:08:37.160
<v Speaker 5>lows in two thousand til you'll say, what are you

0:08:37.200 --> 0:08:40.559
<v Speaker 5>smoking with that director in that terrible chair? And here

0:08:40.600 --> 0:08:44.640
<v Speaker 5>we are. I keep saying this. The stock market got

0:08:44.679 --> 0:08:47.960
<v Speaker 5>so bad because the debt is so high that Blackrock

0:08:48.040 --> 0:08:50.120
<v Speaker 5>and Vanguard had to go say.

0:08:49.960 --> 0:08:53.840
<v Speaker 4>I'm going to be a land lord.

0:08:54.880 --> 0:08:58.079
<v Speaker 5>No one finds that shocking, Like if all of a

0:08:58.120 --> 0:09:01.439
<v Speaker 5>sudden start doing shot coins flip, I'll start setting myself on.

0:09:01.440 --> 0:09:04.200
<v Speaker 4>Fire on River Road. Something in the trading didn't go right.

0:09:06.160 --> 0:09:07.120
<v Speaker 2>That's a fact.

0:09:07.400 --> 0:09:12.280
<v Speaker 5>Something is wrong, And no one wants to say we

0:09:12.480 --> 0:09:15.400
<v Speaker 5>have destroyed the economy and the country and we're hanging

0:09:15.440 --> 0:09:18.360
<v Speaker 5>on by a thread and by stilts so bad even

0:09:18.559 --> 0:09:21.640
<v Speaker 5>I was talking to one once again. Hey, Spotify, adjusted

0:09:22.240 --> 0:09:25.679
<v Speaker 5>how many plays you have to get to even get.

0:09:25.520 --> 0:09:26.560
<v Speaker 4>A payout now?

0:09:30.679 --> 0:09:32.760
<v Speaker 5>So at some point that'll go to podcasting, that it

0:09:32.880 --> 0:09:34.960
<v Speaker 5>go to youtubing, that it go to now. But if

0:09:35.000 --> 0:09:36.960
<v Speaker 5>I'm changing the metric in which I choose to pay,

0:09:38.480 --> 0:09:40.719
<v Speaker 5>I'm not gonna say it's a ponzie, but it's ponzi

0:09:40.760 --> 0:09:46.640
<v Speaker 5>ish ish. So you're getting zero point zero. There's zeroso

0:09:46.640 --> 0:09:49.880
<v Speaker 5>point three to three per stream. And if you only

0:09:49.920 --> 0:09:53.240
<v Speaker 5>get fifteen percent or twenty percent, and the label gets

0:09:53.240 --> 0:09:55.520
<v Speaker 5>eighty percent. You get a one point five advance. You

0:09:55.559 --> 0:09:58.400
<v Speaker 5>gotta have seven hundred million streams and ain't that many

0:09:58.440 --> 0:10:00.000
<v Speaker 5>people listening to artists and.

0:10:00.080 --> 0:10:01.120
<v Speaker 4>That genre.

0:10:02.520 --> 0:10:07.760
<v Speaker 5>Ponzie. We have destroyed this country. I wish once again,

0:10:07.920 --> 0:10:11.080
<v Speaker 5>I wish I had more optimistic advice. But in for

0:10:11.280 --> 0:10:14.880
<v Speaker 5>journalistic integrity, we have this not we like as in

0:10:15.040 --> 0:10:18.240
<v Speaker 5>us in our community, but the country has been destroyed.

0:10:18.679 --> 0:10:22.280
<v Speaker 5>We can't find good political leadership. There's only maybe ten

0:10:22.400 --> 0:10:24.200
<v Speaker 5>stocks that I can find that I would put my

0:10:24.280 --> 0:10:24.800
<v Speaker 5>life on.

0:10:25.520 --> 0:10:27.480
<v Speaker 4>And they want to act like everything is okay.

0:10:27.880 --> 0:10:31.800
<v Speaker 3>But one thing about this, the political leadership is important

0:10:31.800 --> 0:10:39.840
<v Speaker 3>because I feel like it old white men, it's not

0:10:39.880 --> 0:10:41.760
<v Speaker 3>gonna work. It's not gonna happen. Be honest with you

0:10:42.360 --> 0:10:47.000
<v Speaker 3>this if you look at it right outside of Obama,

0:10:47.120 --> 0:10:51.160
<v Speaker 3>and it's Congress, and it's Senate, and it's the president's

0:10:51.200 --> 0:10:54.240
<v Speaker 3>and the majority, and even if you know, they just

0:10:54.280 --> 0:10:58.199
<v Speaker 3>don't understand what's happening on the ground. And if you

0:10:58.240 --> 0:11:01.440
<v Speaker 3>don't have some diversity, pretty soon this whole political structure

0:11:01.600 --> 0:11:08.120
<v Speaker 3>is in danger because it's such a it's such a

0:11:08.200 --> 0:11:12.319
<v Speaker 3>divide and a misunderstanding, and you can't even educate somebody.

0:11:12.360 --> 0:11:14.079
<v Speaker 3>You can't educate an eight year old white man on

0:11:14.960 --> 0:11:17.360
<v Speaker 3>what's going on today. They just don't understand it.

0:11:17.640 --> 0:11:19.960
<v Speaker 2>And never will.

0:11:20.360 --> 0:11:26.839
<v Speaker 3>So the Democrats are going to have a tremendous problem

0:11:26.880 --> 0:11:29.200
<v Speaker 3>come next year. And I think that that part of

0:11:29.200 --> 0:11:32.679
<v Speaker 3>that is because there's a cultural divide and the messaging

0:11:33.280 --> 0:11:35.280
<v Speaker 3>is not understanding. Like I have a pulse of what's

0:11:35.320 --> 0:11:38.920
<v Speaker 3>going on for at least our culture when it comes

0:11:38.920 --> 0:11:42.080
<v Speaker 3>to millennials, and it just doesn't seem like the people

0:11:42.120 --> 0:11:48.160
<v Speaker 3>at the top either either know or care or and

0:11:48.200 --> 0:11:50.800
<v Speaker 3>it's like you're just trying to keep bullying and forcing

0:11:50.840 --> 0:11:55.120
<v Speaker 3>your way of thinking, your ideology onto people that don't

0:11:55.160 --> 0:11:57.320
<v Speaker 3>believe it. They don't they don't believe it. They're not

0:11:57.360 --> 0:12:03.480
<v Speaker 3>getting information from they're not getting information from the sources

0:12:03.520 --> 0:12:06.160
<v Speaker 3>that you traditionally have relied on, and you have traditionally

0:12:06.200 --> 0:12:09.680
<v Speaker 3>have told us that we should get our sources from.

0:12:10.280 --> 0:12:14.560
<v Speaker 3>That is not those credible news sources are not credible anymore,

0:12:16.040 --> 0:12:19.600
<v Speaker 3>and that's obvious. Day and day we're getting more and

0:12:19.640 --> 0:12:24.040
<v Speaker 3>more propaganda, and we're seeing the propaganda in his firsthand,

0:12:24.520 --> 0:12:27.559
<v Speaker 3>and just keep repeating the same things over and over again,

0:12:28.120 --> 0:12:32.160
<v Speaker 3>and it just feels like there's like a tremendous disconnecting

0:12:32.280 --> 0:12:35.640
<v Speaker 3>lack of understanding from people at the top of what's

0:12:35.679 --> 0:12:40.520
<v Speaker 3>going on, and they don't seem to actually be receptive

0:12:41.120 --> 0:12:44.320
<v Speaker 3>to new ideas. They don't seem to be receptive to

0:12:44.400 --> 0:12:45.880
<v Speaker 3>what's actually happening on the ground.

0:12:46.000 --> 0:12:49.640
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:12:49.679 --> 0:12:53.479
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:12:53.720 --> 0:12:57.840
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:12:57.920 --> 0:13:01.800
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:13:01.920 --> 0:13:05.679
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:13:05.720 --> 0:13:09.240
<v Speaker 1>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:13:09.320 --> 0:13:14.120
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:13:14.120 --> 0:13:17.680
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:13:17.760 --> 0:13:20.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:13:21.040 --> 0:13:24.880
<v Speaker 1>are here illegally, your next you will be fine nearly

0:13:24.960 --> 0:13:29.000
<v Speaker 1>one thousand dollars a day, imprisoned and deported, you will

0:13:29.040 --> 0:13:32.680
<v Speaker 1>never return. But if you register using our CBP home

0:13:32.720 --> 0:13:36.079
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:13:36.480 --> 0:13:41.240
<v Speaker 1>Do what's right leave Now. Under President Trump, America's laws,

0:13:41.360 --> 0:13:43.840
<v Speaker 1>border and families will be protected.

0:13:43.920 --> 0:13:46.040
<v Speaker 2>Sponsored by the United States Department of Homeland Security,