How to make immigration work for America #40

Podcast
Written by Nick Halaris

Hi Everyone and Welcome Back.

This week on The Nick Halaris Show we are featuring immigration policy expert, Jack Malde.  Jack is a Senior Policy Analyst at the Bipartisan Policy Center, a think tank dedicated to promoting compromise and political solutions that will improve the lives of Americans.  He’s also the co-host of the “This Week In Immigration” podcast, a show that is fast becoming my go-to source for real-time news and in-depth analysis of all the developments and issues of the immigration debate.

Obviously, immigration is going to be one of the most important and contentious issues of the upcoming election.  While these days all eyes are on the border and the situation brewing there, that’s just one piece of the puzzle actually.  What we need in America is comprehensive immigration reform and we need it immediately.    

Ready to dive in? Listen to this episode on Apple Podcasts, Spotify, Google Podcasts, Amazon Music and Youtube or on your favorite podcast platform.

I wanted to have Jack on the show to do a deep dive on the question of legal immigration reform.  Jack is an expert in this area and, as you’ll see in this episode, has many constructive and compelling ideas about how we could change our immigration system for the better.  Tune-in to this episode to learn:

  • The nuts and bolts of our current legal immigration framework—the numbers, how it works, and how it doesn’t

  • Why legal immigration reform is so crucial for our economy, national security, and international competitiveness

  • The unfortunate reasons why we haven’t gotten legal immigration reform in over 30-years despite high-levels of bipartisan support

  • Jack’s compelling arguments for not only increasing the raw number of annual visa opportunities but also for shifting the allocations more towards our strategic economic needs &

  • Much, much more

Stay tuned to the end to hear how Jack’s upbringing and experiences as a dual UK/US citizen have shaped his views and motivated his lifelong passion and commitment for public service.  Jack also introduces a provocative theory about the relationship between economic growth and morality and explains why it motivates his daily work pushing for pro-growth policies in America.

As always, I hope you all enjoy this episode.  Thanks for tuning in!      

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Nick Halaris

I’ve been fascinated by investing for as long as I can remember. As a kid, I would read the Wall Street Journal, the Economist and Barron’s, pouring over the data tables, stories and interviews with a passion and an insatiable kind of curiosity. As I grew into adulthood, I struggled to find the right outlet and channel for this passion and spent much of my twenties wandering and trying out different things. I had a very brief career as an attorney, spent some time as a strategy and leadership consultant for big multinational companies, failed in an attempt to start a hedge fund, and even ended up helping run a scrap metal recycling operation for a while.

At the age of 30 though, I took my stand. I made up my mind that no matter what I was going to be an entrepreneurial investor. As crazy as it sounds, I owe everything in my life to this one foundational decision—even my amazing wife and my beautiful kids. I don’t think I would ever have met Alicia had I not made this one choice. At that moment in time, the financial world had just been devastated by the crash in the housing market and the near systemic failure of the global banking system that followed. I’ve always had a contrarian bent to my investment thinking; so, to me the carnage in real estate looked like an opportunity.

It all started with one house in Compton California. The business plan was simple: buy a distressed foreclosed home from a bank, bring it back to life with a big renovation and sell it to a first-time homebuyer. Things progressed slowly as they tend to do with real estate. In the first years of this, I think I did 6-7 homes. But then after plugging away day-by-day, suddenly it seemed, things just came together. I found the right investors and the right loans and the right deals and in just a few short years I ended up investing in over 100 such transactions, building a portfolio of almost 2,500 multifamily units and creating a fully vertically integrated real estate company with almost 100 employees.

Fast forward to today and I’m running the second evolution of my entrepreneurial investing career and having so much fun that I have to stop and remind myself that this is all real.

http://www.nickhalaris.com
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