The Ingraham Angle - Thursday, March 13
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
ICE secretly deported Pennsylvania grandfather, 82, after he lost his Green Card
The family of an 82-year-old Chilean national feared he was dead for weeks before discovering that he had been detained by ICE after he misplaced his green card, according to a report. Relatives last saw Luis Leon, who lives in Allentown, Pennsylvania, on June 20, when he and his wife visited the Philadelphia immigration office to replace his lost green card, The Morning Call first reported. There, officers handcuffed him and took him away without explanation, relatives told the outlet. His family was left scrambling, contacting immigration offices, hospitals and even a morgue for more information on Leon's whereabouts. Then, on July 9, Leon's wife received a call that seemed to confirm the family's worst fears; the caller claimed the 82-year-old had died. Thankfully, this week, his family members learned that Leon had been moved from a detention facility in Minnesota to Guatemala. He's now in a hospital in Guatemala City, the outlet reported. The Independent has reached out to ICE for more information. Luis Leon had been moved from a detention facility in Minnesota to Guatemala (Copyright 2025 The Associated Press. All rights reserved) It's not immediately clear why he was sent to Guatemala. But last month, the Supreme Court left the door open for the Trump administration to deport immigrants to countries they have never called home. 'I can see all my family is in pain right now,' his granddaughter Nataly told The Morning Call. She's planning to fly to Guatemala to see her grandfather, who suffers from diabetes, high blood pressure and other conditions. She told the outlet she hopes to amplify Leon's experience to show how he was treated by the immigration system. If the multi-location ordeal wasn't enough, the unknown caller contacted the family another time. Days after immigration authorities arrested Leon, a woman claiming to be an immigration attorney called Leon's wife and claimed she could help get Leon out on bail. However, she didn't mention how she learned about the case or where he was at the time. Leon was granted political asylum in 1987 after surviving Chilean dictator Augusto Pinochet's regime, the outlet reported. He has a clean record — and hasn't even been given so much as a parking ticket, the family claimed. He's not alone, figures from the data distribution organization Transactional Records Access Clearinghouse show. As of this week, there are more than 56,800 people in ICE detention; 72 percent of them have no criminal convictions. Solve the daily Crossword
Yahoo
20 minutes ago
- Yahoo
Grant Cardone Explains How Bitcoin Became Part of His $1.6B Investment Strategy
Pay close attention to what happens when a real estate tycoon starts buying bitcoin, because that's exactly where we're headed. Grant Cardone, the same individual who built a $4.9 billion real estate empire and has raised over $1.6 billion to acquire real estate (mostly apartments) with the help of 20,000 investors, is investing tens of millions into bitcoin. Check Out: Read Next: Grant Cardone's Bitcoin Strategy Cardone's latest investment move is a $230 million bid for a Boca Raton apartment complex, part of a bankruptcy auction. That's pretty standard for him. But this time, he's folding $100 million worth of bitcoin into the deal, and might even take the whole hybrid venture public. And he's already done something like it four times. In one recent example, Cardone picked up an $88 million property for $72 million, taking advantage of softening prices in a tight credit market. Then, he dropped $15 million worth of bitcoin into the fund alongside the real estate asset. That fund has no debt, which is unusual, and the property generates about $350,000 in monthly cash flow. Interestingly, Cardone's not just pocketing that income or selling off apartments to go all-in on crypto, but rather using real estate's reliable income to acquire bitcoin over time. In his words, 'What if the real estate bought my bitcoin, and then I could actually take the whole thing public?' That's the play. Real estate gives him a stable yield. Bitcoin, he believes, offers asymmetric upside. If all goes according to plan, Cardone plans to roll this combination of hard assets and crypto appreciation into a public offering, possibly at the end of this year. Maybe early next. Ring the bell. Turn the hybrid fund into stock. Exit, stage left. And then do it again. He's aiming to complete 10 such projects. Learn More: The Loop It's a strange loop, but here's how it works: Real estate: Earns monthly cash flow That cash: Buys Bitcoin The fund holds: Apartments + bitcoin Both assets: (Hopefully) grow in value The whole package: Could go public as a stock So he's stacking real estate income into crypto, letting them rise together and eyeing a big public exit at the end. Should Anyone Else Try This? Depends on who you ask. Some experts see merit in Cardone's logic. Ian Kane, founder of Firepan, suggests that long-term bitcoin holders may benefit from converting their gains into an investment that generates passive income. 'They get peace of mind,' he said. 'Real estate can be a hedge against crypto's volatility.' There's also the option of bitcoin-backed mortgages, which combine the two worlds without selling off either side. Still, there are caveats. Louis Adler from REAL New York calls Bitcoin a practical mismatch for real estate. 'It's a fundamentally traditional asset class,' he said, 'and the volatility of crypto creates too many unknowns.' That's fair. Most people aren't positioned like Cardone, who already has thousands of units and a machine for raising capital. He's not liquidating his savings to buy condos with a Ledger wallet; he's compounding income into high-risk assets and blending it with equity plays that already exist. He's using scale, leverage and a big public profile to build something he can potentially list and sell again later. So no, this is most certainly not a beginner's blueprint. However, it is a glimpse of what happens when someone with substantial capital decides to test the boundaries of two asset classes simultaneously. And if nothing else, it's a wild ride worth watching. More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 The 5 Car Brands Named the Least Reliable of 2025 4 Housing Markets That Have Plummeted in Value Over the Past 5 Years This article originally appeared on Grant Cardone Explains How Bitcoin Became Part of His $1.6B Investment Strategy Sign in to access your portfolio
Yahoo
32 minutes ago
- Yahoo
Trump administration imposes limits on Mexican flights and threatens Delta alliance in trade dispute
The Trump administration imposed new restrictions Saturday on flights from Mexico and threatened to end a longstanding partnership between Delta Air Lines and Aeromexico in response to limits the Mexican government placed on passenger and cargo flights into Mexico City several years ago. Transportation Secretary Sean Duffy said Mexico's actions to force airlines to move out of the main Benito Juarez International Airport to the newer Felipe Angeles International Airport more than 30 miles away violated a trade agreement between the two countries and gave domestic airlines an unfair advantage. Mexico is the top foreign destination for Americans with more than 40 million passengers flying there last year. "Joe Biden and Pete Buttigieg deliberately allowed Mexico to break our bilateral aviation agreement,' Duffy said of the previous administration. 'That ends today. Let these actions serve as a warning to any country who thinks it can take advantage of the U.S., our carriers, and our market. America First means fighting for the fundamental principle of fairness.' All Mexican passenger, cargo and charter airlines will now be required to submit their schedules to the Transportation Department and seek government approval of their flights until Duffy is satisfied with the way Mexico is treating U.S. airlines. It's not immediately clear how Duffy's actions might affect the broader trade war with Mexico and negotiations over tariffs. A spokesperson for Mexico's President Claudia Sheinbaum didn't reply immediately to a request for a comment, and she didn't mention the restrictions at an event Saturday. Delta and Aeromexico have been fighting the Transportation Department's efforts to end their partnership that began in 2016 since early last year. The airlines have argued that it's not fair to punish them for the Mexican government's actions, and they said ending their agreement would jeopardize nearly two dozen routes and $800 million in benefits to both countries' economies that come from tourism spending and jobs. 'The U.S. Department of Transportation's tentative proposal to terminate its approval of the strategic and pro-competitive partnership between Delta and Aeromexico would cause significant harm to consumers traveling between the U.S. and Mexico, as well as U.S. jobs, communities, and transborder competition," Delta said in a statement. Aeromexico's press office said it was reviewing the order and intended to present a joint response with Delta in the coming days. But the order terminating approval of the agreement between the airlines wouldn't take effect until October, and the airlines are likely to continue fighting that decision. The airlines said in a previous filing fighting the order that it believes the loss of direct flights would prompt over 140,000 American tourists and nearly 90,000 Mexican tourists not to visit the other country and hurt the economies of both countries with the loss of their spending. ___ Associated Press writer Amaranta Marentes in Mexico City contributed to this report. Josh Funk, The Associated Press
