Describe the immigration issue as you see it.
“We have an immigration problem at both ends,” explains Welch. “We’re throwing out the people who are doing a job at one end, and we’re throwing out the people we educate on the other end by not having enough visas.”
“The idea that you can throw 12 million people out of this country is insane,” he adds. “It’s insane! We have to come up with a way to make them citizens and have an opportunity at the American dream.”
What would you do?
“We need to register them for jobs and let them know they’re not criminals,” replies Welch. “People who are hard working need to be allowed into the system and allowed to pay taxes. We need to bring them out of the shadows and give them a way to learn the language and earn citizenship. That’s the only way.”
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Trader disclosure: On Feb.29, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Macke Owns (YHOO), (ATVI), (DIS), (INTC); Najarian Owns (AAPL), (BIIB), (BKC), (C), (CSCO), (MS), (MSFT), (YRCW), (XLF); Najarian Owns (YHOO) And (YHOO) Calls; Finerman Owns (GS); Finerman's Firm Owns (AAPL), (CROX), (FNM), (GE), (MSFT), (TSO), (WMT); Finerman's Firm Is Short (IYR), (IWM), (IJR), (MDY), (SPY); Finerman's Firm And Finerman Own (HD); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Seymour Owns (MSFT); Seygem Asset Management Owns (TS), (TSO), (HXM), (EEV), (ITU); Seygem Asset Management Is Short (EEM); GE Is The Parent Company Of CNBC; Charles Schwab Is A Sponsor Of "Fast Money"