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    Migrant Apprehensions Surge & U.S. Credit Downgrade | 8.3.23

    enAugust 03, 2023

    Podcast Summary

    • Border apprehensions surge despite Biden's claims of progressDespite the Biden administration's claims of progress, border apprehensions surged in July, with about 130,000 immigrants arrested trying to cross illegally, a 30% increase from June. Cartels observe US border enforcement efforts and adjust tactics, leading to a surge in crossings when consequences are not enforced.

      The number of migrant apprehensions at the southern border has surged again in July, despite the Biden administration's claims of progress. According to reports, apprehensions rose roughly 30% from June to July, with about 130,000 immigrants arrested trying to cross the border illegally. This comes after the administration touted a 70% drop in illegal immigration following the appeal of Title 42. Legal experts are also discussing the challenging nature of the latest indictment against former President Trump. Meanwhile, the US credit rating was downgraded for only the second time in history, which could have significant financial implications for the country. Laura Reese, the director of the Border Security and Immigration Center at the Heritage Foundation, explained that the cartels are adept at observing American border enforcement efforts and adjusting their tactics accordingly. Thus, the word getting out that the Biden administration's enforcement and consequences are not happening as promised, leading to a surge in border crossings.

    • Record-breaking number of migrants entering US through ports of entryThe Biden administration's focus on legal pathways for immigration has led to a surge in migrants entering the US through ports, surpassing the number of illegal entries between ports. Cities are struggling to accommodate the influx, and the situation is expected to continue with potential relocation of immigrants to other areas.

      The Biden administration's focus on creating new legal pathways for immigration at the border has led to a significant increase in the number of migrants entering the country through ports of entry. This trend is shown in the record-breaking number of inadmissible aliens encountered at ports in June, surpassing the number of illegal aliens encountered between ports. The administration has expanded the parole program, allowing over 1,400 immigrants a day entry into the US, but they have already surpassed this limit. Meanwhile, cities like New York are struggling to accommodate the influx of immigrants from the southern border, leading to the need for outdoor sleeping areas and a call for a state of emergency from Mayor Eric Adams. The situation is expected to continue, and if the optics become unfavorable, the administration may allocate more funds and relocate some immigrants to other locations.

    • Blurred lines between politics and law: Border and Trump indictmentMayors and Biden admin prioritize finances over immigration laws and border security. Trump indictment seen as politics masquerading as law, with potential January 6th imagery for political gain.

      The ongoing situation at the border between the US and Mexico, as well as the recent indictment of former President Donald Trump, highlight the blurred lines between politics and law. In the case of the border, mayors of sanctuary cities and the Biden administration seem more focused on financial matters than enforcing immigration laws and securing the border. Meanwhile, the indictment of Trump, according to former federal prosecutor Andy McCarthy, can be seen as politics masquerading as law, as the criminal justice system is being used as an inept substitute for impeachment. Furthermore, the timing and structure of the indictment suggest a political objective to bring January 6th imagery to the forefront during the campaign, regardless of the potential outcome of a conviction.

    • Trump's Indictment: Free Speech vs. Electoral FraudThe indictment against Trump for spreading false election claims raises complex First Amendment issues and could set a precedent for criminalizing political speech or be seen as a frivolous legal theory.

      The indictment against Trump centers around allegations of knowingly spreading false claims about the 2020 election results, but the First Amendment significantly impacts Trump's argument. Political speech, including aggressive, obnoxious, and false speech, is protected in a free republic, and Trump is not charged with inciting violence. The case could be seen as criminalizing the electoral process or a frivolous legal theory. The intent of Trump's actions is a complex issue, with evidence pointing to those around him debunking claims of material fraud, but Trump also having reasons to believe in fraud. Trump's belief in the stolen election is a long-held religious belief for him. The government will present evidence of people close to Trump stating there was no significant fraud, while Trump will argue he had valid reasons to question the results. The intent of Trump's actions, both objectively and subjectively, will be a key factor in the case.

    • US government's ability to pay off debts questioned by Fitch downgradeFitch downgraded US long-term foreign rating due to concerns over government decision making and rising federal debt, potentially impacting US reputation as a reliable borrower and increasing borrowing costs

      The downgrade of America's long-term foreign rating by Fitch raises doubts about the US government's ability to pay off its debts and meet financial commitments. The downgrade is due to concerns over the steady deterioration of standards in government decision making, including political polarization and rising federal debt. This could lead to international investors losing confidence in the US market and potentially spooking the stock market in the short term. However, it's important to note that the practical consequences for this downgrade may not be significant in the long term for the stock market. But it could impact the US's reputation as a reliable borrower and potentially increase borrowing costs. Meanwhile, in the criminal case against Trump, former prosecutor Andy McCarthy argues that the government has real problems proving legally cognizable state crimes and questioning Trump's intent, making it a challenging case for the prosecution.

    • US Credit Rating Downgrade Causes ControversyThe US credit rating downgrade by Fitch has politicians and economists debating responsibility for the national debt, with both sides accused of a lack of seriousness and last-minute deals detrimental to taxpayers.

      The downgrade of the United States' credit rating by Fitch is causing concern among lawmakers and economists due to potential increases in borrowing costs at a time when the national debt has reached unprecedented levels. Both Democrats and Republicans are blaming each other for the downgrade, with Democrats pointing to Republican efforts to cut federal spending in exchange for raising the debt limit, and Republicans blaming President Biden's spending since taking office. Brandon Arnold, executive director of the National Taxpayers Union, believes that both sides have shown a lack of seriousness when it comes to the national debt, leading to last-minute deals that are often detrimental to taxpayers. Treasury Secretary Janet Yellen disagrees with the downgrade and believes it is unwarranted given the economic strength of the United States. The disagreement between political parties and the international community's confusion over the United States' inability to address its debt issues highlights the seriousness of the situation.

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