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Mark interviews Fox Business reporter Charlie Gasparino. · The Mark Simone Show

• 0:00
  Speaker 1: Oh no, Well, Charlie Gasprino, the best business reporter on Earth.
• 0:06
  Speaker 1: Of course, you see him on the Fox Business Network,
• 0:09
  Speaker 1: and you can read his columns the New York Post
• 0:11
  Speaker 1: and and make sure you get his book. You'll love
• 0:14
  Speaker 1: this book. It's called Go Woke, Go Broke, big bestseller.
• 0:17
  Speaker 1: You can get it at Amazon. Go Woke, Go Broke,
• 0:21
  Speaker 1: Charlie Gasbarno, How you doing good?
• 0:24
  Speaker 2: I just read that Don Lemmon got arrested.
• 0:28
  Speaker 1: Well, it's it's it's great, But aren't you worried that
• 0:32
  Speaker 1: this could make him into a big martyr, This could
• 0:34
  Speaker 1: make him into a big TV star all over again.
• 0:39
  Speaker 2: I don't know, Don Lemon will screw up anything. He
• 0:44
  Speaker 2: was like a normal human being. I'd be like, yeahs
• 0:49
  Speaker 2: like once recently as a matter of fact. I mean
• 0:52
  Speaker 2: he was like, seemed like a nice guy. I just
• 0:56
  Speaker 2: don't what he did in that church and some of
• 0:59
  Speaker 2: his other antics just so stupid. I don't don't quite
• 1:03
  Speaker 2: understand it. It's I mean, okay, like, listen, you cover stories,
• 1:10
  Speaker 2: but are do you partake in the story like he
• 1:14
  Speaker 2: kind of He definitely kind of stepped over the line
• 1:18
  Speaker 2: and in it's such a horrible way because all as
• 1:20
  Speaker 2: they were doing was harassing poor people at church. It
• 1:23
  Speaker 2: wasn't like these was a clan rally or anything. These
• 1:26
  Speaker 2: are a bunch of Christians who are sitting there praying
• 1:29
  Speaker 2: to God while these assholes come in off the street
• 1:33
  Speaker 2: started using them and their kids. And he made it
• 1:36
  Speaker 2: sound like, you know, it was MLKA coming across the
• 1:40
  Speaker 2: Edmund Pettis Bridge.
• 1:41
  Speaker 1: You know, well, if you read the line, it's pretty specific.
• 1:45
  Speaker 1: You're not allowed to do anything to intimidate or interfere
• 1:48
  Speaker 1: with the service. It's pretty clear it.
• 1:51
  Speaker 2: Well, yeah, they you know, I just wonder, you know,
• 1:56
  Speaker 2: I mean, I wonder if he could fall behind that
• 1:58
  Speaker 2: that First Amendment stuff. But although it seemed like he
• 2:01
  Speaker 2: was so part of it, and just I wonder he
• 2:05
  Speaker 2: was giving him advice to do this stupid stuff because
• 2:07
  Speaker 2: it's really dumb. I mean, it's really really dumb. And
• 2:12
  Speaker 2: I don't think and this is why I don't think
• 2:14
  Speaker 2: he'll be a martyr on this mark. It's so stupid.
• 2:18
  Speaker 2: Even Lefty because indeed will say it's stupid what he did.
• 2:21
  Speaker 1: All right, that's a good point, Kevin, wash, Are we
• 2:26
  Speaker 1: happy with this?
• 2:28
  Speaker 2: I am. I think this is a great choice. I mean,
• 2:31
  Speaker 2: so I wrote a story I don't remember. It was
• 2:33
  Speaker 2: a couple of about a month ago that a bunch
• 2:35
  Speaker 2: of CEOs went to Trump and said, listen, if you're
• 2:38
  Speaker 2: gonna go there, do not pick you know, if you
• 2:43
  Speaker 2: can get rid of of Howell, do not pick ascid
• 2:45
  Speaker 2: Kevin Hassen. And Kevin Hassen's a nice guy's a smart guy,
• 2:49
  Speaker 2: but he's way too much of a cheerleader. I mean, well,
• 2:51
  Speaker 2: you kind of needs somebody that is seen as independent because,
• 2:56
  Speaker 2: you know, whether we like it or not, we sell
• 2:58
  Speaker 2: a lot of debt. You know, we're still running two
• 3:01
  Speaker 2: trillion dollar budget deficits. If the FED is seen as
• 3:04
  Speaker 2: not independent, someone that's gonna FED share is gonna, you know,
• 3:07
  Speaker 2: on the phone with Trump, juice in the economy, whatever
• 3:10
  Speaker 2: Trump wants. You know, people are just not gonna buy
• 3:12
  Speaker 2: your debt because it's gonna inflation is gonna erod. It's
• 3:16
  Speaker 2: it's uh, it's buying it's it's it's uh investment advantage.
• 3:23
  Speaker 2: So you you need someone that that's kind of like
• 3:26
  Speaker 2: in the middle. And Kevin Walsh really is an independent guy.
• 3:29
  Speaker 2: He's a long time inflation hawk, got that back up.
• 3:32
  Speaker 2: My guess is he will agree with Trump and lower
• 3:35
  Speaker 2: short term rates fast. Uh. He will do other things
• 3:39
  Speaker 2: to mitigate the inflation impact of that, which is, you know,
• 3:45
  Speaker 2: unwinding the Fed's massive ballad sheet. It control it holds
• 3:49
  Speaker 2: all these assets and he needs to sell them. That
• 3:52
  Speaker 2: will keep that will keep the lid on interest rates.
• 3:55
  Speaker 2: And I think it's a and I know the guy
• 3:57
  Speaker 2: just full disclosure. I know my life. I've known a
• 3:59
  Speaker 2: few years, really smart, decent man. I mean, this is
• 4:02
  Speaker 2: a good a good choice, really good.
• 4:05
  Speaker 1: Well, that's that's good here. But do we want to
• 4:07
  Speaker 1: feed him in the talkish?
• 4:11
  Speaker 2: It depends on the walks. Well, do you like inflation?
• 4:15
  Speaker 1: No, I'm not not crazy about it. No.
• 4:17
  Speaker 2: So, I mean, inflation is probably the worst thing for
• 4:21
  Speaker 2: one of the worst things for an economy because it
• 4:23
  Speaker 2: really destroys the social fabric. If you're an average person
• 4:27
  Speaker 2: and you work like really hard, but you still can't
• 4:30
  Speaker 2: afford food, which inflation gives you. And that's kind of
• 4:33
  Speaker 2: the problem that Biden had. And by extent, Aris, you know,
• 4:38
  Speaker 2: you've got a real societal problem. And I and I
• 4:41
  Speaker 2: think that's what he's good at. I mean, I think
• 4:43
  Speaker 2: he'll understand that there is a dual mandate it's inflation
• 4:49
  Speaker 2: first in the context of full employment. He understands that.
• 4:54
  Speaker 2: And if you want to spur the economy, that's where
• 4:58
  Speaker 2: you got fiscal policy coming out of the way. Yes,
• 5:01
  Speaker 2: And I think this is kind of what with the
• 5:03
  Speaker 2: FED lost track of the FED under Powell became like
• 5:06
  Speaker 2: part of the the sort of the fabric of fiscal
• 5:11
  Speaker 2: policy and and and White House policy. And he can't
• 5:14
  Speaker 2: be engaged in ESG and DEI and all these radical
• 5:19
  Speaker 2: leftist clauses. And I think, you know, I think war
• 5:23
  Speaker 2: Wash understands. I know he understands that. So I think
• 5:26
  Speaker 2: he will he will give Trump what he wants, lower
• 5:30
  Speaker 2: short term interest rates, which I don't understand why he's
• 5:32
  Speaker 2: so obsessed with that, because the short term interest rates
• 5:35
  Speaker 2: really mean little. It's the ten year that means a lot.
• 5:38
  Speaker 2: And that's all based on plation expectations. That's where all
• 5:40
  Speaker 2: the consumer rates are pegged off of. Yeah, be that
• 5:44
  Speaker 2: as a may He'll play the game and he'll do it. Well,
• 5:46
  Speaker 2: I guess all right.
• 5:47
  Speaker 1: That's good to hear. Hey, mom, Donnie has been in
• 5:49
  Speaker 1: office now for two three weeks and a lot of
• 5:51
  Speaker 1: people are saying, well it seems okay, nothing bad but
• 5:54
  Speaker 1: what what how do you read the mom Donnie situation.
• 5:59
  Speaker 2: I mean, know, he's a horrible moron. I mean.
• 6:05
  Speaker 1: That's announ.
• 6:08
  Speaker 2: But literally right, he doesn't he didn't want the cops
• 6:10
  Speaker 2: to get rid of the homeless guys off the streets
• 6:12
  Speaker 2: and some zero weather or guess what they died. I mean,
• 6:15
  Speaker 2: the guy is a complete idiot. If he was this
• 6:18
  Speaker 2: was anybody, when an R next to its name, the
• 6:21
  Speaker 2: New York Times would be running front page stories about
• 6:24
  Speaker 2: how he needs to be the one thing. I wrote
• 6:28
  Speaker 2: about this in the Post today, and I've been writing
• 6:30
  Speaker 2: about this a lot. There's a lot that he can't
• 6:33
  Speaker 2: do because of a guy named Hugh Carry, a former governor,
• 6:37
  Speaker 2: a guy named Felix rohat And who was a former
• 6:40
  Speaker 2: financier the public but you know, you know, dedicate his
• 6:43
  Speaker 2: life the civic work in New York City and basically
• 6:47
  Speaker 2: bringing the city back after the financial crisis of the seventies.
• 6:51
  Speaker 2: They created the structure where he can't run budget deficits
• 6:55
  Speaker 2: or else you lose control of the budget. The state
• 6:56
  Speaker 2: takes it over. It's almost impossible going to the bond
• 7:01
  Speaker 2: olders get first DIBs on tax revenues. Even before it
• 7:05
  Speaker 2: goes to pay all these programs. You can raise taxes,
• 7:09
  Speaker 2: but you need the state to raise for you. In
• 7:12
  Speaker 2: many ways. If you lose population because you raise taxes
• 7:16
  Speaker 2: and the state agrees to it, well guess what. Then
• 7:19
  Speaker 2: you have budget deficits. And if you run a deficit
• 7:22
  Speaker 2: the end of the year, because you will lose control
• 7:26
  Speaker 2: of the budget, it goes to the state. So all
• 7:29
  Speaker 2: those handcuffs are on even a comedie like Mandami. I
• 7:34
  Speaker 2: think even in munisful bond prices. By the way, you
• 7:38
  Speaker 2: need debt in New York City. It's very I just
• 7:40
  Speaker 2: wrote about this is very is very flat right now.
• 7:44
  Speaker 2: I mean the price is our movement. It's they're high,
• 7:46
  Speaker 2: they're off a little bit. So anyway, that's where we
• 7:50
  Speaker 2: are right now. It'll be interest to see what he does.
• 7:52
  Speaker 2: I mean, I mean, Mandami, even when it doesn't come
• 7:54
  Speaker 2: to taxes and all that can really recavoc on the
• 7:57
  Speaker 2: city and culturally in somebody other way. He's obviously, I
• 8:01
  Speaker 2: just worry about these ice protests coming to New York
• 8:04
  Speaker 2: and every soon because you have the same sort of
• 8:06
  Speaker 2: political dynamic as you have in Minnesota. Minnesota have a
• 8:09
  Speaker 2: bunch of leftists really crave and leftists, including a moron
• 8:13
  Speaker 2: as Governor Tim Watson almost became our vice president, you know,
• 8:17
  Speaker 2: Eggan on these violent leftist protesters. You could see someone
• 8:22
  Speaker 2: like Mandami doing the same because he's cut from that
• 8:25
  Speaker 2: cloth cloth as. By the way, these protesters are people.
• 8:29
  Speaker 2: They aren't just like protesting. These are trained, near militia
• 8:34
  Speaker 2: style trained leftist anarchists. So I think I'm worried about
• 8:41
  Speaker 2: that coming to the city more than even like him
• 8:44
  Speaker 2: raising taxes.
• 8:46
  Speaker 1: Yeah, I think we should stop using the word protester.
• 8:49
  Speaker 1: That implies you're standing there across the street with a
• 8:51
  Speaker 1: sign and yelling, but when you're spitting in their face,
• 8:53
  Speaker 1: they're kicking the tail light out of their car. That
• 8:56
  Speaker 1: that's behind a protester, isn't it's yeah.
• 8:58
  Speaker 2: I mean you saw the one that was shot right, Yeah,
• 9:03
  Speaker 2: I mean the Americans die. That guy was out of
• 9:06
  Speaker 2: his mind. I mean, he's a crazy protester. I mean,
• 9:11
  Speaker 2: and by the way, who shows up, you know, I can't.
• 9:15
  Speaker 2: I want to respect the dead Alex Pretty or Predo,
• 9:18
  Speaker 2: whatever his name is. And I see you nerves were
• 9:21
  Speaker 2: supposed to elective. Believe this guy came a lot became
• 9:26
  Speaker 2: he was he had two two backup rounds on a
• 9:31
  Speaker 2: concealed weapon when he was getting an attacking cops. What
• 9:37
  Speaker 2: does that tell you? I mean, that's that's pretty pretty wild.
• 9:44
  Speaker 2: If he asked me very aggressive.
• 9:46
  Speaker 1: And if you saw police carrying out an operation, who
• 9:49
  Speaker 1: has the nerve to go over there and try to
• 9:50
  Speaker 1: stop it? Interfere with it? That takes a hell of
• 9:52
  Speaker 1: a lot of nerve.
• 9:54
  Speaker 2: Which a loaded weapon.
• 9:56
  Speaker 1: Yeah, what is that? Charlie Gasperino, great talking. Hey, if
• 10:04
  Speaker 1: anybody out there doesn't have the book, go woke, go broke.
• 10:07
  Speaker 1: Get this book. You're gonna love it. And are you
• 10:10
  Speaker 1: doing TV today?
• 10:12
  Speaker 2: No, because I'm barely see all you got back my voice?
• 10:16
  Speaker 1: Oh okay? Well, otherwise you see him all over the
• 10:18
  Speaker 1: Fox Business Network doing the great reporting, read his columns
• 10:22
  Speaker 1: New York Post, and make sure you follom on Twitter.
• 10:25
  Speaker 1: He is one of the best tweeters on earth. Charlie
• 10:27
  Speaker 1: Gasparino at Twitter. Charlie, thanks for being.
• 10:30
  Speaker 2: With us anytime.
• 10:32
  Speaker 1: Take care. Hey, we got a lot coming up today.
• 10:36
  Speaker 1: You got Buck and Clay at noon right after the News.
• 10:39
  Speaker 1: Then you got the most listened to radio show in America.
• 10:43
  Speaker 1: Sean Hannity got Jesse Kelly six o'clock and Jimmy Failot
• 10:46
  Speaker 1: does a wonderful new show here. It's nine to midnight, funny, interesting,
• 10:50
  Speaker 1: that's all coming up the rest of the day here
• 10:53
  Speaker 1: on seven ten WR