Ep. 1781 - The Hidden Reason Why Prices Are Skyrocketing

The Matt Walsh Show argues that soaring prices across the U.S. are not due to inflation or supply chain issues, but to a hidden systemic failure: the unchecked hiring of foreign truckers and illegal immigrants through government-backed programs. A Supreme Court ruling in Montgomery v. Caribe Transport, LLC—where brokers were held liable for hiring unsafe carriers—has triggered a chain reaction: brokers now avoid any carrier with a conditional safety rating, effectively banning many foreign truckers who lack proper documentation or English proficiency. This has driven up freight costs, but according to Walsh, it’s a necessary correction. He claims that foreign truckers, often from India or Cuba, are responsible for a surge in deadly crashes—like the 2022 Ohio crash that killed five family members—while facing no real consequences due to lax enforcement. The same pattern extends to housing: under the Biden administration, the FHA program was expanded to non-citizens, allowing illegal aliens to secure 3.5% down payment mortgages with no income or credit checks. This has fueled a 12-fold increase in non-permanent residents using FHA loans, driven up home prices in 70% of major metro areas, and created a system where over 1 million FHA borrowers are delinquent—yet the government continues to pay their mortgages. Walsh frames this as a national crisis of betrayal, where American citizens are subsidizing foreign residents while being displaced from jobs and homes.