My prediction is a simple one that I've observed brewing for the past three decades:
1) The left continues to feed the neocons with horror stories about "illegal immigration" as they like to call it
2) The government allows the people to fret over the little brown people working at MickeyDs while the real damage is being done by the far left, financially destroying America and making sure that everyone they possibly can is dependent upon a government check
3) The LEO community helps create the hysteria in border towns while the economists are saying that immigration is playing less and less a role in our financial situation
4) Places like Arizona let up on the carry laws, but with a sinister plan in mind. They have their "useful idiots" as the communists would have called them, making sure there is panic and hysteria 24 / 7 / 365
5) At some point, some individual or some group will declare a unilateral war against the Hispanics
6) A State of Emergency will be called; weapons will be subject to confiscation
7) The men and the technology that was assembled under the guise of protecting us from ourselves will be taken off the border and turned loose in warrant less search / seizure, weapons confiscation exercises
8) The economy will implode
9) While the Sarah Palin's and Glenn Becks are fretting over the little brown people, the Ultimate Police State will be mobilized against America
10) We wake up to find that a new form of government has been instituted to "make us safe" and we will be under the rule of a socialist / democracy owned and controlled by a few elite multi national corporations.
I think you're a little out there with the whole hispanic focus... It's an issue but its not a grand conspiracy... And illegal entry into the country is a crime. It's all under 8 USC.