are you avoiding any kind of fresh and momentum style names that are glittery? >> well you have to look at the comparable assets. so if we start with the fact that cash is yielding five, 5 1/2%, i need an equity risk premium that's going to be well in excess of that and that's where you look at earnings growth, it's been negative over the past year. we think it's going to contract even more as economy with tight monetary policy. liz: okay. >> if that is the case it will be difficult to get stocks higher. [closing bell rings] liz: there goes the bell, frank. we are seeing selloff after the big fed decision. billionaire investor mark mobius joins us live in a fox business exclusive. see you then. ♪. larry: hello, folks, welcome to "kudlow," i'm larry kudlow.

the border catastrophe down south grows worse by the day. number of illegals coming into the united states is absolutely staggering. let us first go to our own ace reporter edward lawrence live at the white house with all of the latest details. edward, by the way i know you got this report, you are my hero with the fed questions you asked on oil. i know you're onto something different today. what's the story with the illegal i am immigration. >> reporter: i appreciate that, larry, our customs and border protection sources say 10,000 migrants passed in one day alone eagle pass, texas, by itself. today similar sources, similar sights in eagle pass, texas. migrants coming across the border. many tell bill melugin easier to cross the river than the app the government tried to create. federal agents cut razor wire.

he says that opens the floodgates. in all more than 5.9 million people have been encountered illegal i at the border surgeon border since president biden took office but i still had to clarify this question today. how many people, how many people illegally coming into the united states is enough for president biden to -- >> enough for what? >> reporter: 45.9 million people have been encountered illegally. >> i know the numbers, enough for what? reporter: to stop the flow? >> as i mentioned this has been a problem for sometime around now for decades a broken system. the president has done everything and going to continue what he can without the help of some republicans in congress to deal with issue. >> reporter: white house wants to blame republicans for not joining democrats on an immigration overhaul but one presidential candidate on the republican side actually stopped the flow and says he will do it again along with the largest deportation in history.

>> this is an invasion and i am the one candidate who from day one knows exactly how to stop it. we're going to stop it very quickly. >> reporter: so the border czar from this administration, vice president kamala harris has been to the border one time. larry, she says it takes a long time to deal with those root causes. back to you. larry: yeah, the root causes. edward lawrence, fabulous reporting as always, buddy, terrific stuff. i'm told thousands of illegal migrants are crossing the border, entering the u.s. as edward lawrence just reported. it is an unmitigated catfy. it is lawlessness on a grand scale never seen before in the history of this country. it is human trafficking, sex trafficking, drug trafficking. the mexican drug cartels control the border, not the biden administration. the biden stand by doing nothing. why? because theirs is an open border policy, so-called human rights

policy, so-called asylum policy. just listen to what democratic congressman greg caesar told our own hilary vaughn earlier today. >> reporter: democrats insist that the border is closed and secure. if this is a closed and secure border what does an open border look like? >> asylum-seekers have a right to seek asylum just like immigrants have all over, throughout our history and so we are working to provide legal, safe, and orderly immigration and that's what we're working on. unfortunately republicans refuse to actually fix the system and have continuously refused to come up with solutions that actually allow immigrants to migrate in an legal, safe, orderly way. they continue to actually incite these sorts of problems not creating pathways for people to orderly get in line. they refuse to have those programs. that is pardon me of why we are

stuck here today. larry: sure they are. sure they are. you know why democrats are blaming republicans because republicans won't agree to the illegal biden policy of unlimited migration. we have is sovereignty laws in this country democrats breaking on a daily basis. since biden administration, 6 million illegals came into the country, not including "gotaways." encounters, apprehensions. the apprehended are released into the interior of the country never to be scene again by the authorities. it is a policy of catch-and-release. it ought to be a policy of catch and deport. ask mayor adams of new york city and chicago mayor brandon johnson, here in new york the border catastrophe is now a city catastrophe. it has democrat eric adams criticizing democrat joe biden but adams wants more money.

that's not really the solution. the solution is to close the border and restore policies during the trump administration that limited illegal immigration to a trickle. since the expiration of title 42, the illegal immigrant tide has worsened enormously. the bidens are out of sight. mayorkas of dhs, out of sight. now the latest, these work permits proposed by the biden administration, wow, at last count, over 470,000 venezuela ance alone given work permits. sometimes they seem to be called temporary protected status. by i.c.e., immigrations and customs law enforcement agency has been turned into babysitters, not law enforcement and there is no telling how telling how many tens of thousands of illegals are coming from the southern border from around the world. not just last tin america,

russian speaking migrants, people from west africa, asia, even some terrorists. these migrants are up abouting towns and cities as well. representative mark green, the chair of the house homeland security committee has chronicled the taxpayer cost from the illegals. the opioid epidemic cost 1 1/2 trillion dollars. medicaid spending estimated at least $7 billion. then of course you have got the housing costs, education costs, all of that are spiraling. each migrant in new york city, could cost city taxpayers $383 per day. mayor adams is estimating $12 billion over three years. this is all complete lunacy. former president trump in a speech in dubuque, iowa, has pledged he will carry out the largest domestic deportation operation in american history if

elected. now, mr. trump cites the eisenhower model from president eisenhower. what was that? well back in 1954 something called operation wet back was put into place. there was mass deportation of up to 1.3 million undocumented mexicans illegally in california, arizona, and texas. this policy had the tacit approval of the mexican government and lable gore group and mexican-americans who were worried that uncontrolled immigration made the lives of legal immigrants more difficult. attorney general herbert brunell declared, illegal migrants were, and i quote, displacing domestic workers, affecting work conditions, spreading disease, and contributing to crime rates, end quote. that sound familiar? well seems like the ownly difference between then and now

is the size of the catastrophe. something has got to be done here. this is going to be a major election year issue as sometimes, something has to be affecting the economy. it is depressing wages, it is causing inflation and damaging native-born workers. i tell you, folks, i think sensible people like myself, i include myself, we are all for immigration and we understand this historic contribution to the success of this great country, but, but, but, it must be legal immigration. that is the truth of the matter. we are going to visit on this issue several times over the course of the show. we have congressman byron donalds coming and others, to discuss this problem. but we're going to begin now, stock market was down over 300 points today. we'll talk about stocks and

bonds and oil and the fed and yeah, maybe illegal i am my mitigation as well. we're going to talk to mr. wonderful, my great friend, kevin o'leary, chairman of o'leary investors. "shark tank" investor, author of the cold hard truth on life. kevin, take a whack of this illegal immigration story. you're a resident of many countries but you're a legal resident of those countries as i recall. what is your take on this? >> i certainly try to keep my legal status, larry, right about that. this situation is interesting, history is repeating itself, 2016 election, border security became a huge, huge partisan issue and it's happening again. we're watching it. it means basically nothing has been fixed since 2016 and it will again be a major part of the presidential election. the difference now that i think we have to start talking about

besides border security, remember building the wall thing and all that, it is all coming back because it is not fixed but there is another narrative emerging on immigration. it is broken in other ways. we bring in a lot of highly skilled labor into america. we also train some very high-end engineers in all disciplines of engineering at great institutions like mit and many other colleges and then we kick them out of the country. that is booed policy the canadians took advantage of this last month. they're writing visas to everybody getting kicked out after the u.s. spent millions of dollars turning them into highly qualified engineers. other countries are going to do the same. why are we continuing that? so you know i'm doing one of my visits to washington, d.c., next week, larry, i will be reporting back to you when i get back from the hill. this is on my topic list. this is a problem and small business as usual. i will go pound the drum for small business but i'm watching this immigration issue expand to

being a bigger issue than border security. we have to keep the talent in the country. you just made reference to it. larry: i agree keeping the talent in the country, 100%. that's an important piece. it is a small piece of the illegal problem but yes it is an important piece and you should lobby for it. look, i will say this the trump administration had a pretty good program for immigration reform included in that program was what you were just talking about, and by the way, the proposals we had opened the door to people who speak english, who had some experience in business, for example, who had some certain education and so forth and so on. we had those provisions. we couldn't get anywheres with democratic congress. we can revisit this at some point but yeah, we should keep tall len in the country. all right, let me ask you this, we should keep some new talent in the federal reserve. i was very unhappy with

jay powell's presentation yesterday and hear's why. we're approaching 100-dollar a barrel of oil. that is not powell's fault. that is the biden administration people because of the war against fossil fuels and production cuts around the world but oil spikes such as the one we are experiencing now can cause inflation for quite sometime and powell never may have had mention of it. our own edward lawrence finally got around to talking about it and asked powell a question and powell said well, these oil spikes don't contribute to inflation. of course they do, kevin o'leary, of course they do. i think one reason interest rates stay high, probably have to go higher the inflation rate is going higher. what is your take on all of this? stock market is falling on a daily basis again. >> well the stock market's reacting to powell's comments that were very hawkish. you made reference to it just now and now we see the treasury rates have gone to new highs. so interest rates are moving up, stocks are going down. that has been a relationship

that existed for hundreds of years. the oil issue is different. it is policy it is clear to everybody now, painfully obvious, i don't care what side of the aisle you're on this one, that the transition to green will not happen as fast as people think. we need to figure out a way to deal with this oil price. the oil price is actually a forward futures market. the market is trying to determine, yes there is cuts in saudi. yes maybe cuts in the u.a.e. the saudis are building refineries in china supplying them to crude. we need to increase in america from 12 billion to 1million. that is a 30% increase. at that that we could do in five years. we would be energy independent, energy secure. i don't know why this can't be a bipartisan issue. everybody knows oil is not going away. larry: you are right. you are completely right. there's at least one candidate calling it liquid gold. it's not going to go -- we've chronicled, i did it again last night and the night before,

hundreds of items people use on a daily basis including doctors and surgeons and consumers and -- hundreds of items are petroleum derivatives. you can't knock oil out of the economy. you're right, we should be running up to 15 million barrels a day. then 1or seven screen for 18 million barrels a day. the price of oil is going up, not down. you're right, the 10-year bond is up to four 1/2% and rising. that's bad for stocks, bad for stock multiples. the fed's got to buckle up. i don't know why they're pausing. they will have to stop the oil spike from becoming embedded into the economy as permanent inflation. that's my criticism of the fed. be honest with us. be transparent. >> i expect another 50 basis points, terminal rate to 6%. larry: yes. >> that will riley hurt small

business. it cause rates in current accounts of regional banks to get up 10, 11% for average family business which is not a aaa rated business. people forget, there is a very powerful effect occurring 60% of the economy. i've been banging the table on small business for a while. regional banks have a horrible situation with these rate increases around commercial real estate portfolios. most of them office because are practically worthless now because nobody is in them. this will start cracking in q4, right in the middle of the presidential election cycle. these issues will trickle to the top. remember, larry going back to oil, you can't get just oil solved by barrels. you need refineries to turn it into distillates, jet fuel, diesel, the plastics you spoke of, gasoline. we need six more of those near pipelines. that means cushing, that means north dakota, that means west virginia. this is not brain surgery. we have to do this or we'll be

in real trouble in three years on the whole oil issue. larry: kevin o'leary, you're right. i hardly ever disagree with you. we're going to 6% on the fed funds target rate. you said it before. kevin hassett said it the other night. i said it for a while. that may be the minimum. i think the stock market starting to sniff that out and it will be a big problem thank you for comments on immigration, oil. next time you are on we'll delve deeper into society. >> let's talk about watches, larry, let's talk about watches. west coast time l.a., new york time on the other wrist. that's the plan. larry: a long time ago a great businessman, fabulous human being named peter grace, i don't know if you remember peter grays who ran grace and company, i met him in the reagan administration because he was in charge of reforming the budget and accounting, he, peter graves was

obviously worth a lot of money in the shipping business and whatever. he wore watches on both hands. that is the first time i ever saw it. >> i'm doing it again. i'm bringing it back, i'm bringing it back. east coast, west coast. larry: you're the best of the best. kevin o'leary, thank you, sir, really, really appreciate it. >> take care, thanks. larry: all right, folks, coming up another 24 approximately dollars for ukraine on top of everything else. somebody going -- what is our mission in ukraine? do we have a plan? do we have diplomacy? i don't know. we'll ask alabama senator tommy tuberville about that. also tuberville 10, chuck schumer zero when it comes to the military appointments. we'll talk about that too. plus, folks, don't forget fox business will be hosting the second republican primary debate at the ronald reagan presidential library in simi valley, california. that's wednesday, september 27th, 9:00 p.m.

eastern. yours truly will be broadcasting live out of simi valley for the regular show at 4:00 eastern, 1:00 p.m. pacific. i will also be hosting the predebate coverage at 8:00 p.m. eastern, 5:00 p.m. pacific. we'll have questions about immigration as well as inflation and wages and the economy and foreign policy. this is a great time for a good debate so you don't want to miss any of it i'm kudlow. we'll be right back. ♪ (psst! psst!) ahhh! with flonase, allergies don't have to be scary. spraying flonase daily gives you long lasting non-drowsy relief. flonase all good. also, try our allergy headache and nighttime pills.

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larry: so the zelenskyy-biden meeting on ukraine just finished. nobody knows what is being said, done. nobody knows what the mission is. nobody knows about any diplomacy. nobody knows a darn thing about it, exempt it will cost us more and more money. joining us alabama senator mr. tommy tuberville. senator, i want to talk to you about a bunch of things but permit me i want to you jump in, i'm saying tuberville 10, schumer zero, you forced him voting specifically on some of these top military officers, joint chiefs, marines, officers, take a victory lap, senator

tuberville. i give it an auburn victory. >> we called his bluff. we signed a petition, minority can do one thing to get a vote on the floor, get 16 signatures from fellow senators. we got that, took it to schumer. i won't let you do that, i don't want to look bad. we made him blink. he got three to the floor. we confirmed them. he knows how to do this. schumer knows how to do this. we got something accomplished. i will hold it until they change the policy and put it back in the pentagon the right way. larry: as i understand, it is unlimited funding for abortions. there was no congressional legislation passed to that effect, tell me i'm wrong but that is the way i understand it? >> that is exactly right. this was a legislative win for the all of congress because basically we're telling

joe biden, and the secretary of defense, you can't make policy, you can't play a communist. you can't be a dictator. send it to congress, let us pass it the way you're supposed to do it, whether they did it in 1984 when joe biden was in the senate, passed same policy. do it the same way. do it for the american people. give them a voice. larry: well-done. let's go through a couple things quickly. zelenskyy met with biden. nobody knows what they agreed to. there is more money coming, i don't know, 24 approximately -- $24 billion may not be in whatever appropriations bill passed by congress. the other thing is, polish president just said he is not going to give anymore weapons to the ukraine. a lot of corruption in the ukraine. president zelenskyy had to fire a lot of his top people. what do you make of all of this, senator tuberville? where are we going? who is running the diplomacy here to make some kind of a peace deal, that is what i want to know?

>> exactly, and who's got a plan? we don't have a plan whether we win, we lose, how we will carry this on. it has just been a grab bag of doing things the last year-and-a-half, larry. you know president zelenskyy, the real president of the united states was talking to joe biden a few minutes ago. zelenskyy is running the show. he has been for a year-and-a-half. i hope biden understands the people are looking going, who is running the show here in our country? at least zelenskyy is fighting but i haven't voted a dime for ukraine. the people can't get this. they will get their people killed. diplomacy needs to stop this mess. we have a war out the southern border and joe biden doesn't even realize that. we're getting overrun, just like europe did 10 years ago. now they're suffering the consequences. larry, we're in terrible shape. if we don't wake up, this administration doesn't wake up, we're going to be in tough shape the next few years.

larry: the other one, senator, we're moving towards $100 a barrel ever oil which is so unnecessary. joe biden has now stopped drilling in alaska, stopped drilling in new mexico, stopped drilling in most of the gulf of mexico. inflation is going up, not down. the fed is not really being honest because as we just had with kevin o'leary, the interest, the fed's target rate will have to go up a whole lot more to step energy inflation. so here is another example of a policy you know, progressive policy, whatever, that is completely backfired and people are furious because the real value of their wages are going down, not up. >> well you can't, you and i talked about this, larry, you can't run a country like ours or any country without fossil fuels. it is impossible but these clowns are trying to force it on the american people. we're buying foreign oil when we got more oil here. now they're going to the gulf of mexico and said okay, we're

going to stop more leases down there because there is a right whale that we got to protect. one damn right whale seen in last 100 years of gulf of mexico. these people have lost their mind, larry. they look for everything -- hiring more epa agents 25,000 this year. regulating whatever they possibly can. turning off everything they possibly can. it is a clown show when it comes to fossil fuel. larry: i call it sheer insanity, sheer insanity. you know what else, senator, every person, honestly i just spoke to a group last night, everyone knows there is no common sense going on in this administration, just ordinary common sense, you know what i mean? everybody, you can run this economy without oil and gas. stop figuring that you can. $100 a barrel, who knows how high it is going to go. who knows how high inflation is going to go.

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♪. larry: all right, a border is wide open as we have discussed. solution i think is to close the border. that is not brain surgery. anyway, joining to us talk about this is the great florida congressman byron donalds. byron, thank you for coming on. you know, it is interesting

angle, former president trump giving a speech in dubuque, iowa, says he will carry out the largest domestic deportation operation in american history if elected. and byron, what makes this even more interesting historically he is citing president eisenhower. it was called the eisenhower model. i riffed on it. they had something called operation wetback, you couldn't get away with that sort of name. is it was the same thing. we quote the attorney general brunell. it talked about lawlessness, legal i am must have grants were in favor of deporting illegal immigrants way back in the 1950s. seems the story is pretty much the same way today. what do you think about this disaster at the border? >> first of all president trump is right, we are going to have to deal with this and the only

legitimate way is you will have to send people home. what joe biden has done at the southern border is an abject disaster. in my view it is a violation of federal law because our asylum laws were never designed for what joe biden has done. congress, when they created asylum never even contemplated that a president of the united states would just give everybody a court date, knowing that only 5% of the people actually show up to the hearing. so i think we are going to have to come to grips with this i will add, i don't think this will be a republican issue anymore because democrats in new york, chicago, other cities, are realizing the disasterous policy of being a sanctuary city or sanctuary state when you have open immigration with no checks, no boundaries whatsoever. larry: you know, congressman, on that, our hilary vaughn, reporter hilary vaughn was interviewing a bunch of

democratic house members and they're all blaming republicans. they're saying the problem is republicans and i mean to me, what, republicans will not sanction illegal immigration. they want legal immigration. what is this blame republicans malarkey? >> i mean that is all they can do. democrats are good at that. they're good at blaming everybody for something instead of looking at their own stupid policies. that is what is going on in our country and everybody sees it. their own voters see it and they're fed up. the mayors of these blue cities, they see it but won't call a spade a spade and say joe biden is the one that has done this to america. at the end of the day we'll have to shut our borders down and close them. we'll have to turn people away at the southern border because you cannot cross illegal point of entry, that is actually federal law. the last piece is, we'll have to send people home. if democrats don't understand that. they will hurt the very people that they say they are

advocating for in major cities all across america. larry: now, byron, one more thing, my heart is all aflutter at the rumors that you're going it run for governor of florida. my heart is a flutter at that possibility. i thought i would ask you about it. because you know, i'm emoting over this. this could be a fabulous thing. what are you thinking? will you make a run? >> honestly, larry, too soon to tell right now. people ask me bit at home, throughout our state. they come up to me, they want to know what i'm going to do next. right now i'm going to do my job. am i thinking about it? of course. i think about things like that. anybody would. i think that is just normal but there is no real news right now. we got to figure out government funding and we have to figure out how to get our border under control because joe biden has failed our country and i'm focused on that and i'm focused on the 2024 elections. larry: okay, my heart will still

be a a be flutter. i know it is early in the game. i can't help myself. beep, beep, beep. that is what it is. byron donald thanks for coming on checking with us. we appreciate it very much as always. >> thank you. larry: you betcha. folks my heart is also a flutter we have on set monica crowley former assistant treasury secretary and host of monica crowley podcast and more fluttering, joe concha, from the messenger earnings and author of the book, come on man. we should put the rest of the title up, so much fun. monica crowley, by the way i think byron donalds would make a hell of a good governor. he is such a bright guy. >> he would be superb. larry: donald trump seeking union votes, this is centering around the uaw in particular. i guess he will meet with some rank-and-file this week, will give a speech about it next

week. can he make inroads with the union vote in your judgment? >> what he is doing next week is a political master stroke. he is going into the heartland, very center of the auto industry. he is giving a speech in detroit giving a speech about forgotten men and women, in 2016 which won him the presidency. the promises to the forgotten men and women he actually delivered on them. over four years you helped to do that, so critical to doing that. tax cuts, regulatory relief, fairer trade deals, unleashing our great energy sector, as president he actually delivered for them. he is going back now while they're on strike. he will talk to 13,000 striking auto workers next week and he is going to say, i'm still the same blue-collar billionaire who delivered for you four years as president. larry: i love that blue-collar billionaire. >> delivered the blue-collar boom for four years. larry: you had a lot to do with it yourself at treasury department working for my pal

mnuchin. i always like that, joe, because, yes, he became a billionaire, and yes he was born into money -- >> yeah. larry: but from queens he was in the construction yards all the time as a young man and in early middle age. he was a builder. he was a construction guy. he got his fingernails dirty. that's why i think he get away with the billionaire blue-collar but do you think you can make inroads with the union vote? this uaw strike is a very pivotal thing, right? >> it is. larry: the entire car business is at stake. >> educate me on this, didn't ronald reagan a little before my time go into harlem before an election what are you crazy. larry: yes. >> this is exactly what you youe to do. michigan is pretty important state, iowa is pretty important state and those swing states will decide the next election. democrats are the parity of the elites. they used to be about the working man and woman. martha's vineyard couple weeks

ago, kamala harris had a grass roots fund-raising events in one of the richest zip codes in the country. they are disconnected from those folks where they need those votes. bottom line people feel inflation in those swing states. feel it across the country for that matter. they feel wages not keeping up with inflation. they feel crime in their community. they feel their kids are not getting i had indicated educated wait they should. what it is doing in major democrat cities. democrats seem to be on the wrong side of almost every issue. you're seeing polls with donald trump with the wind at his back and joe biden fading. larry: not surprising, not surprising. you wrote a column in the messenger, liberal media is turning against biden that is the last bastion. we're talking, david ignatius in the post? >> yeah. larry: how about the "new york times." when does maureen turn against biden n a way she has already. >> she did, all right, you have a 7th grandchild. larry: i have want monica to get

a piece of this. monica knows a thing or two about the liberal media. >> joe's column in the messenger is fantastic on this issue. >> thank you. >> i've been saying for months the moment the left's power brokers determined joe biden out lived his usefulness he will be gone. larry: what will he do? what happens? >> here is their problem? larry: don't they have legal dates coming up very quickly and so forth? >> there are two-ways of going about this yes you may have to if you want to go through the primary process you have to hit the date by december 23rd is the drop-dead date to appear on primary ballots, however -- larry: that word drop dead you have to be careful. >> that is the drop-dead date. larry: whoops. i shouldn't have said that. >> much more difficult, still doable at the convention where they could draft a reluctant candidate like michelle obama in the very last minute in august at the convention. much more difficult to manuever that, not impossible. larry: but martha's vineyard is

going for kamala for president. >> that is not a lot of electoral votes right there. larry: i'm speculating. >> david ignatius, joe scarborough -- larry: i knew joe scarborough when he was conservative republican. >> i usedded to go on his show in 2003, scarborough country. >> me too. larry: my three. continue. >> bill kristol is republican, anti-trumper playing on twitter every day. even he says he should not run. new "reuters poll," seven swing states, donald trump leads by average of six points n that holds, i get we're 400 days away from the election if that holds looking not just a trump victory a land slide. that is where democrats really have to start to shore up their support. i don't see how they do it. joe biden is not like wine. he will not get better with age. it will only get worse. plan b with kamala harris is more like a plan z.

what do they do? it is tough spot. >> they could pull it off in 2020, covid, keep him in the basement. we've seen the cognitive decline. it gets worse, not gets better. they feel they can't pull off the same crisis plan next year as they did four years ago. larry: you're right. we should all worry about drop dead dates but his policies are declining. the catastrophe at the border and back to $100 oil, here's kinds of things, there is a catastrophe. i don't see how -- we've got to go. joe concha, monica crowley. nobody here has a house in martha's vineyard. coming up on "kudlow," president trump is borrowing from the highs send hour years to fix the border crisis. a very interesting story. we'll talk about it with former dhs secretary chat wolf when "kudlow" returns. please remember, folks, "kudlow" is available as a podcast. episodes available every weekday right after the show on spotify, on apple, and

foxbusinesspodcast.com. oh, my god, stick with kudlow. we're going to simi valley for a tough debate too. don't forget that debate. what's your position on immigration? back arexvy is a vaccine used to prevent lower respiratory disease from rsv in people 60 years and older. arexvy does not protect everyone and is not for those with severe allergic reactions to its ingredients. those with weakened immune systems may have a lower response to the vaccine. the most common side effects are injection site pain, fatigue, muscle pain, headache, and joint pain. i chose arexvy. rsv? make it arexvy. ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪ explore endless design possibilities.

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said before, president trump is borrowing from the eisenhower model to fix the border catastrophe. let's talk about that, a few other things with my pal chad wolf, former secretary of the department of homeland security and presently executive director of the america first policy institute. chad, let me ask you this, as former head of dhs, they're handing out these work permits. they're handing out these temporary protected status stuff, this is all amnesty. call it amnesty cards. that is the biden policy. it is a totally open border amnesty. we'll never see the illegals again and we're happy with that. >> i think you're right, larry. on the work authorization, obviously they're handing that out like candy of the month and they're encouraging and sending dhs officers to new york city and elsewhere trying to get the migrants to apply for work authorization. that's one. i think very, very important piece. so i think as you look at everything that's going on here

the biden administration it is clear they're not trying to solve this issue. they're simply trying to manage a crisis that has spun completely out out of control. it is a national embarassment and they are so far into the weeds and over their head they simply don't know what to do. so they're throwing out random ideas like tps. they're giving tps, designating venezuelans for tps status. that is very interesting. because go back six months they were giving out parole to venezuelans that will solve the problem. everything they tried is an utter failure and we're continuing to see these things rise. larry: chad, along with that, we had a lot of reports it is not just people from central and latin america, it is people from russia, and people from asia. they're coming from everywhere and this could be very damaging -- i don't know whether they're terrorists or not but just doesn't strike me as being in american interests?

>> no. that is exactly right. 170 different nationalities now being encountered along the southern border, go back 10 or 20 years, mainly mex or from central america. that is no longer the case. the vast majority are outside of mexico, central america, but other parts of the world i should say because they know what everyone else knows, that southern border is wide open. if you want to come into the united states illegally. if you want to come to turn yourself over to border patrol, odds are you will remain here in the united states. that is of course what we're seeing in new york city and elsewhere, they're coming in by the thousands every single day, and numbers we're seeing over last couple, 24, 48 hours, are astronomically high. the system is beyond repair. the biden administration knows exactly what they're doing, but there are some simple solutions that would also fix this problem that they're unwail unwilling to

take. larry: chad in the last minute, president trump was give al speech in iowa about deporting illegal immigrants. he cited the eisenhower model where they deported one million mexican and they had support from labor and legal americans. is that eisenhower model in may? >> you have to put deportations back on the menu, right? the biden administration basically stopped all deportations and removals, very low percentage of overall flow. there is three-prong approach. youyou have to stop folks coming in. you can do that with the migrant protection protocols, remain in mexico. those that cross illegally you have to as sign a consequence, you have to prosecute them. for those making it into our communities no legal right to remain. touch remove them. you have to allow i.c.e., law enforcement officers to do their job. again the biden administration

has put a stop to all of that. larry: chad wolf, thank you. we'll talk some more about thise we'll talk some more about thise r.appreciate you today. folks, i will be right smaller than you expected. check in. back. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria.

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♪ (upbeat music) ♪ ( ♪ ) woah. ( ♪ ) ( ♪ ) ( ♪ ) ( ♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. no water, no sovereignty, no country. i would say try the eisenhower model of deportation. then let's try to watch liz mcdonald for more. >> you are the greatest. we are staying on this because voter polls show biden's borde