1 00:00:00,040 --> 00:00:06,640 Speaker 1: Oh no, Well, Charlie Gasprino, the best business reporter on Earth. 2 00:00:06,640 --> 00:00:08,680 Speaker 1: Of course, you see him on the Fox Business Network, 3 00:00:09,000 --> 00:00:11,399 Speaker 1: and you can read his columns the New York Post 4 00:00:11,480 --> 00:00:14,440 Speaker 1: and and make sure you get his book. You'll love 5 00:00:14,480 --> 00:00:17,880 Speaker 1: this book. It's called Go Woke, Go Broke, big bestseller. 6 00:00:17,920 --> 00:00:20,840 Speaker 1: You can get it at Amazon. Go Woke, Go Broke, 7 00:00:21,560 --> 00:00:24,520 Speaker 1: Charlie Gasbarno, How you doing good? 8 00:00:24,840 --> 00:00:26,760 Speaker 2: I just read that Don Lemmon got arrested. 9 00:00:28,960 --> 00:00:32,640 Speaker 1: Well, it's it's it's great, But aren't you worried that 10 00:00:32,720 --> 00:00:34,880 Speaker 1: this could make him into a big martyr, This could 11 00:00:34,880 --> 00:00:37,480 Speaker 1: make him into a big TV star all over again. 12 00:00:39,000 --> 00:00:44,479 Speaker 2: I don't know, Don Lemon will screw up anything. He 13 00:00:44,640 --> 00:00:48,960 Speaker 2: was like a normal human being. I'd be like, yeahs 14 00:00:49,320 --> 00:00:52,000 Speaker 2: like once recently as a matter of fact. I mean 15 00:00:52,200 --> 00:00:56,080 Speaker 2: he was like, seemed like a nice guy. I just 16 00:00:56,120 --> 00:00:58,920 Speaker 2: don't what he did in that church and some of 17 00:00:59,000 --> 00:01:03,760 Speaker 2: his other antics just so stupid. I don't don't quite 18 00:01:03,880 --> 00:01:09,440 Speaker 2: understand it. It's I mean, okay, like, listen, you cover stories, 19 00:01:10,000 --> 00:01:14,400 Speaker 2: but are do you partake in the story like he 20 00:01:14,600 --> 00:01:17,920 Speaker 2: kind of He definitely kind of stepped over the line 21 00:01:18,080 --> 00:01:20,600 Speaker 2: and in it's such a horrible way because all as 22 00:01:20,600 --> 00:01:23,520 Speaker 2: they were doing was harassing poor people at church. It 23 00:01:23,560 --> 00:01:26,640 Speaker 2: wasn't like these was a clan rally or anything. These 24 00:01:26,640 --> 00:01:29,560 Speaker 2: are a bunch of Christians who are sitting there praying 25 00:01:29,600 --> 00:01:33,399 Speaker 2: to God while these assholes come in off the street 26 00:01:33,959 --> 00:01:36,480 Speaker 2: started using them and their kids. And he made it 27 00:01:36,520 --> 00:01:39,960 Speaker 2: sound like, you know, it was MLKA coming across the 28 00:01:40,120 --> 00:01:41,200 Speaker 2: Edmund Pettis Bridge. 29 00:01:41,240 --> 00:01:45,840 Speaker 1: You know, well, if you read the line, it's pretty specific. 30 00:01:45,880 --> 00:01:48,560 Speaker 1: You're not allowed to do anything to intimidate or interfere 31 00:01:48,600 --> 00:01:51,480 Speaker 1: with the service. It's pretty clear it. 32 00:01:51,880 --> 00:01:55,240 Speaker 2: Well, yeah, they you know, I just wonder, you know, 33 00:01:56,160 --> 00:01:58,440 Speaker 2: I mean, I wonder if he could fall behind that 34 00:01:58,440 --> 00:02:01,840 Speaker 2: that First Amendment stuff. But although it seemed like he 35 00:02:01,960 --> 00:02:05,320 Speaker 2: was so part of it, and just I wonder he 36 00:02:05,440 --> 00:02:07,720 Speaker 2: was giving him advice to do this stupid stuff because 37 00:02:07,720 --> 00:02:11,720 Speaker 2: it's really dumb. I mean, it's really really dumb. And 38 00:02:12,000 --> 00:02:14,240 Speaker 2: I don't think and this is why I don't think 39 00:02:14,240 --> 00:02:18,120 Speaker 2: he'll be a martyr on this mark. It's so stupid. 40 00:02:18,160 --> 00:02:21,679 Speaker 2: Even Lefty because indeed will say it's stupid what he did. 41 00:02:21,880 --> 00:02:26,040 Speaker 1: All right, that's a good point, Kevin, wash, Are we 42 00:02:26,080 --> 00:02:26,680 Speaker 1: happy with this? 43 00:02:28,320 --> 00:02:30,760 Speaker 2: I am. I think this is a great choice. I mean, 44 00:02:31,320 --> 00:02:33,160 Speaker 2: so I wrote a story I don't remember. It was 45 00:02:33,160 --> 00:02:35,880 Speaker 2: a couple of about a month ago that a bunch 46 00:02:35,919 --> 00:02:38,480 Speaker 2: of CEOs went to Trump and said, listen, if you're 47 00:02:38,480 --> 00:02:43,000 Speaker 2: gonna go there, do not pick you know, if you 48 00:02:43,080 --> 00:02:45,120 Speaker 2: can get rid of of Howell, do not pick ascid 49 00:02:45,440 --> 00:02:48,560 Speaker 2: Kevin Hassen. And Kevin Hassen's a nice guy's a smart guy, 50 00:02:49,120 --> 00:02:51,600 Speaker 2: but he's way too much of a cheerleader. I mean, well, 51 00:02:51,720 --> 00:02:56,240 Speaker 2: you kind of needs somebody that is seen as independent because, 52 00:02:56,360 --> 00:02:58,520 Speaker 2: you know, whether we like it or not, we sell 53 00:02:58,639 --> 00:03:01,160 Speaker 2: a lot of debt. You know, we're still running two 54 00:03:01,160 --> 00:03:04,200 Speaker 2: trillion dollar budget deficits. If the FED is seen as 55 00:03:04,240 --> 00:03:07,640 Speaker 2: not independent, someone that's gonna FED share is gonna, you know, 56 00:03:07,760 --> 00:03:10,200 Speaker 2: on the phone with Trump, juice in the economy, whatever 57 00:03:10,240 --> 00:03:12,840 Speaker 2: Trump wants. You know, people are just not gonna buy 58 00:03:12,840 --> 00:03:16,400 Speaker 2: your debt because it's gonna inflation is gonna erod. It's 59 00:03:16,440 --> 00:03:22,960 Speaker 2: it's uh, it's buying it's it's it's uh investment advantage. 60 00:03:23,120 --> 00:03:25,880 Speaker 2: So you you need someone that that's kind of like 61 00:03:26,120 --> 00:03:28,959 Speaker 2: in the middle. And Kevin Walsh really is an independent guy. 62 00:03:29,240 --> 00:03:32,240 Speaker 2: He's a long time inflation hawk, got that back up. 63 00:03:32,760 --> 00:03:35,480 Speaker 2: My guess is he will agree with Trump and lower 64 00:03:35,520 --> 00:03:39,080 Speaker 2: short term rates fast. Uh. He will do other things 65 00:03:39,480 --> 00:03:45,000 Speaker 2: to mitigate the inflation impact of that, which is, you know, 66 00:03:45,440 --> 00:03:49,240 Speaker 2: unwinding the Fed's massive ballad sheet. It control it holds 67 00:03:49,520 --> 00:03:52,240 Speaker 2: all these assets and he needs to sell them. That 68 00:03:52,480 --> 00:03:55,400 Speaker 2: will keep that will keep the lid on interest rates. 69 00:03:55,760 --> 00:03:57,480 Speaker 2: And I think it's a and I know the guy 70 00:03:57,680 --> 00:03:59,360 Speaker 2: just full disclosure. I know my life. I've known a 71 00:03:59,400 --> 00:04:02,760 Speaker 2: few years, really smart, decent man. I mean, this is 72 00:04:02,800 --> 00:04:05,440 Speaker 2: a good a good choice, really good. 73 00:04:05,600 --> 00:04:07,320 Speaker 1: Well, that's that's good here. But do we want to 74 00:04:07,320 --> 00:04:10,840 Speaker 1: feed him in the talkish? 75 00:04:11,040 --> 00:04:14,600 Speaker 2: It depends on the walks. Well, do you like inflation? 76 00:04:15,520 --> 00:04:17,200 Speaker 1: No, I'm not not crazy about it. No. 77 00:04:17,640 --> 00:04:20,640 Speaker 2: So, I mean, inflation is probably the worst thing for 78 00:04:21,080 --> 00:04:23,320 Speaker 2: one of the worst things for an economy because it 79 00:04:23,360 --> 00:04:27,120 Speaker 2: really destroys the social fabric. If you're an average person 80 00:04:27,640 --> 00:04:30,200 Speaker 2: and you work like really hard, but you still can't 81 00:04:30,240 --> 00:04:33,840 Speaker 2: afford food, which inflation gives you. And that's kind of 82 00:04:33,839 --> 00:04:38,400 Speaker 2: the problem that Biden had. And by extent, Aris, you know, 83 00:04:38,680 --> 00:04:41,160 Speaker 2: you've got a real societal problem. And I and I 84 00:04:41,200 --> 00:04:43,800 Speaker 2: think that's what he's good at. I mean, I think 85 00:04:43,839 --> 00:04:49,240 Speaker 2: he'll understand that there is a dual mandate it's inflation 86 00:04:49,560 --> 00:04:54,440 Speaker 2: first in the context of full employment. He understands that. 87 00:04:54,760 --> 00:04:58,080 Speaker 2: And if you want to spur the economy, that's where 88 00:04:58,080 --> 00:05:00,240 Speaker 2: you got fiscal policy coming out of the way. Yes, 89 00:05:01,360 --> 00:05:03,720 Speaker 2: And I think this is kind of what with the 90 00:05:03,720 --> 00:05:06,839 Speaker 2: FED lost track of the FED under Powell became like 91 00:05:06,960 --> 00:05:11,120 Speaker 2: part of the the sort of the fabric of fiscal 92 00:05:11,160 --> 00:05:14,440 Speaker 2: policy and and and White House policy. And he can't 93 00:05:14,440 --> 00:05:19,080 Speaker 2: be engaged in ESG and DEI and all these radical 94 00:05:19,160 --> 00:05:23,560 Speaker 2: leftist clauses. And I think, you know, I think war 95 00:05:23,560 --> 00:05:26,440 Speaker 2: Wash understands. I know he understands that. So I think 96 00:05:26,800 --> 00:05:29,800 Speaker 2: he will he will give Trump what he wants, lower 97 00:05:30,200 --> 00:05:32,360 Speaker 2: short term interest rates, which I don't understand why he's 98 00:05:32,400 --> 00:05:35,080 Speaker 2: so obsessed with that, because the short term interest rates 99 00:05:35,120 --> 00:05:38,560 Speaker 2: really mean little. It's the ten year that means a lot. 100 00:05:38,600 --> 00:05:40,839 Speaker 2: And that's all based on plation expectations. That's where all 101 00:05:40,839 --> 00:05:44,000 Speaker 2: the consumer rates are pegged off of. Yeah, be that 102 00:05:44,040 --> 00:05:46,200 Speaker 2: as a may He'll play the game and he'll do it. Well, 103 00:05:46,320 --> 00:05:47,279 Speaker 2: I guess all right. 104 00:05:47,160 --> 00:05:49,919 Speaker 1: That's good to hear. Hey, mom, Donnie has been in 105 00:05:49,960 --> 00:05:51,680 Speaker 1: office now for two three weeks and a lot of 106 00:05:51,720 --> 00:05:54,800 Speaker 1: people are saying, well it seems okay, nothing bad but 107 00:05:54,800 --> 00:05:57,600 Speaker 1: what what how do you read the mom Donnie situation. 108 00:05:59,320 --> 00:06:02,719 Speaker 2: I mean, know, he's a horrible moron. I mean. 109 00:06:05,000 --> 00:06:06,159 Speaker 1: That's announ. 110 00:06:08,120 --> 00:06:10,719 Speaker 2: But literally right, he doesn't he didn't want the cops 111 00:06:10,720 --> 00:06:12,320 Speaker 2: to get rid of the homeless guys off the streets 112 00:06:12,320 --> 00:06:14,840 Speaker 2: and some zero weather or guess what they died. I mean, 113 00:06:15,000 --> 00:06:18,080 Speaker 2: the guy is a complete idiot. If he was this 114 00:06:18,240 --> 00:06:21,440 Speaker 2: was anybody, when an R next to its name, the 115 00:06:21,440 --> 00:06:24,200 Speaker 2: New York Times would be running front page stories about 116 00:06:24,200 --> 00:06:28,080 Speaker 2: how he needs to be the one thing. I wrote 117 00:06:28,120 --> 00:06:30,159 Speaker 2: about this in the Post today, and I've been writing 118 00:06:30,160 --> 00:06:32,960 Speaker 2: about this a lot. There's a lot that he can't 119 00:06:33,000 --> 00:06:37,159 Speaker 2: do because of a guy named Hugh Carry, a former governor, 120 00:06:37,680 --> 00:06:40,159 Speaker 2: a guy named Felix rohat And who was a former 121 00:06:40,200 --> 00:06:43,800 Speaker 2: financier the public but you know, you know, dedicate his 122 00:06:43,839 --> 00:06:47,200 Speaker 2: life the civic work in New York City and basically 123 00:06:47,200 --> 00:06:50,480 Speaker 2: bringing the city back after the financial crisis of the seventies. 124 00:06:51,040 --> 00:06:54,919 Speaker 2: They created the structure where he can't run budget deficits 125 00:06:55,080 --> 00:06:56,840 Speaker 2: or else you lose control of the budget. The state 126 00:06:56,880 --> 00:07:01,080 Speaker 2: takes it over. It's almost impossible going to the bond 127 00:07:01,120 --> 00:07:05,440 Speaker 2: olders get first DIBs on tax revenues. Even before it 128 00:07:05,480 --> 00:07:09,160 Speaker 2: goes to pay all these programs. You can raise taxes, 129 00:07:09,200 --> 00:07:12,120 Speaker 2: but you need the state to raise for you. In 130 00:07:12,160 --> 00:07:16,280 Speaker 2: many ways. If you lose population because you raise taxes 131 00:07:16,920 --> 00:07:19,760 Speaker 2: and the state agrees to it, well guess what. Then 132 00:07:19,800 --> 00:07:22,320 Speaker 2: you have budget deficits. And if you run a deficit 133 00:07:22,960 --> 00:07:26,600 Speaker 2: the end of the year, because you will lose control 134 00:07:26,760 --> 00:07:29,360 Speaker 2: of the budget, it goes to the state. So all 135 00:07:29,400 --> 00:07:34,960 Speaker 2: those handcuffs are on even a comedie like Mandami. I 136 00:07:34,960 --> 00:07:38,000 Speaker 2: think even in munisful bond prices. By the way, you 137 00:07:38,040 --> 00:07:40,440 Speaker 2: need debt in New York City. It's very I just 138 00:07:40,480 --> 00:07:43,840 Speaker 2: wrote about this is very is very flat right now. 139 00:07:44,200 --> 00:07:46,200 Speaker 2: I mean the price is our movement. It's they're high, 140 00:07:46,440 --> 00:07:50,520 Speaker 2: they're off a little bit. So anyway, that's where we 141 00:07:50,560 --> 00:07:52,160 Speaker 2: are right now. It'll be interest to see what he does. 142 00:07:52,200 --> 00:07:54,600 Speaker 2: I mean, I mean, Mandami, even when it doesn't come 143 00:07:54,640 --> 00:07:57,680 Speaker 2: to taxes and all that can really recavoc on the 144 00:07:57,720 --> 00:08:01,600 Speaker 2: city and culturally in somebody other way. He's obviously, I 145 00:08:01,960 --> 00:08:04,360 Speaker 2: just worry about these ice protests coming to New York 146 00:08:04,400 --> 00:08:06,200 Speaker 2: and every soon because you have the same sort of 147 00:08:06,200 --> 00:08:09,080 Speaker 2: political dynamic as you have in Minnesota. Minnesota have a 148 00:08:09,080 --> 00:08:13,600 Speaker 2: bunch of leftists really crave and leftists, including a moron 149 00:08:13,640 --> 00:08:17,840 Speaker 2: as Governor Tim Watson almost became our vice president, you know, 150 00:08:17,920 --> 00:08:21,920 Speaker 2: Eggan on these violent leftist protesters. You could see someone 151 00:08:22,280 --> 00:08:25,240 Speaker 2: like Mandami doing the same because he's cut from that 152 00:08:25,320 --> 00:08:29,000 Speaker 2: cloth cloth as. By the way, these protesters are people. 153 00:08:29,360 --> 00:08:34,239 Speaker 2: They aren't just like protesting. These are trained, near militia 154 00:08:34,480 --> 00:08:41,360 Speaker 2: style trained leftist anarchists. So I think I'm worried about 155 00:08:41,400 --> 00:08:44,480 Speaker 2: that coming to the city more than even like him 156 00:08:44,600 --> 00:08:45,480 Speaker 2: raising taxes. 157 00:08:46,679 --> 00:08:49,600 Speaker 1: Yeah, I think we should stop using the word protester. 158 00:08:49,720 --> 00:08:51,760 Speaker 1: That implies you're standing there across the street with a 159 00:08:51,800 --> 00:08:53,920 Speaker 1: sign and yelling, but when you're spitting in their face, 160 00:08:53,920 --> 00:08:56,240 Speaker 1: they're kicking the tail light out of their car. That 161 00:08:56,240 --> 00:08:58,880 Speaker 1: that's behind a protester, isn't it's yeah. 162 00:08:58,880 --> 00:09:03,400 Speaker 2: I mean you saw the one that was shot right, Yeah, 163 00:09:03,480 --> 00:09:06,720 Speaker 2: I mean the Americans die. That guy was out of 164 00:09:06,720 --> 00:09:11,640 Speaker 2: his mind. I mean, he's a crazy protester. I mean, 165 00:09:11,760 --> 00:09:15,080 Speaker 2: and by the way, who shows up, you know, I can't. 166 00:09:15,400 --> 00:09:18,400 Speaker 2: I want to respect the dead Alex Pretty or Predo, 167 00:09:18,440 --> 00:09:21,600 Speaker 2: whatever his name is. And I see you nerves were 168 00:09:21,640 --> 00:09:25,280 Speaker 2: supposed to elective. Believe this guy came a lot became 169 00:09:26,520 --> 00:09:31,440 Speaker 2: he was he had two two backup rounds on a 170 00:09:31,480 --> 00:09:37,360 Speaker 2: concealed weapon when he was getting an attacking cops. What 171 00:09:37,480 --> 00:09:44,000 Speaker 2: does that tell you? I mean, that's that's pretty pretty wild. 172 00:09:44,040 --> 00:09:46,199 Speaker 2: If he asked me very aggressive. 173 00:09:46,880 --> 00:09:49,240 Speaker 1: And if you saw police carrying out an operation, who 174 00:09:49,240 --> 00:09:50,720 Speaker 1: has the nerve to go over there and try to 175 00:09:50,760 --> 00:09:52,840 Speaker 1: stop it? Interfere with it? That takes a hell of 176 00:09:52,880 --> 00:09:54,160 Speaker 1: a lot of nerve. 177 00:09:54,240 --> 00:09:56,000 Speaker 2: Which a loaded weapon. 178 00:09:56,480 --> 00:10:03,680 Speaker 1: Yeah, what is that? Charlie Gasperino, great talking. Hey, if 179 00:10:04,160 --> 00:10:06,559 Speaker 1: anybody out there doesn't have the book, go woke, go broke. 180 00:10:07,880 --> 00:10:10,160 Speaker 1: Get this book. You're gonna love it. And are you 181 00:10:10,200 --> 00:10:11,000 Speaker 1: doing TV today? 182 00:10:12,440 --> 00:10:16,000 Speaker 2: No, because I'm barely see all you got back my voice? 183 00:10:16,160 --> 00:10:18,720 Speaker 1: Oh okay? Well, otherwise you see him all over the 184 00:10:18,720 --> 00:10:22,280 Speaker 1: Fox Business Network doing the great reporting, read his columns 185 00:10:22,320 --> 00:10:25,000 Speaker 1: New York Post, and make sure you follom on Twitter. 186 00:10:25,040 --> 00:10:27,440 Speaker 1: He is one of the best tweeters on earth. Charlie 187 00:10:27,720 --> 00:10:30,560 Speaker 1: Gasparino at Twitter. Charlie, thanks for being. 188 00:10:30,360 --> 00:10:32,040 Speaker 2: With us anytime. 189 00:10:32,800 --> 00:10:36,520 Speaker 1: Take care. Hey, we got a lot coming up today. 190 00:10:36,520 --> 00:10:39,240 Speaker 1: You got Buck and Clay at noon right after the News. 191 00:10:39,280 --> 00:10:42,960 Speaker 1: Then you got the most listened to radio show in America. 192 00:10:43,000 --> 00:10:46,439 Speaker 1: Sean Hannity got Jesse Kelly six o'clock and Jimmy Failot 193 00:10:46,520 --> 00:10:50,200 Speaker 1: does a wonderful new show here. It's nine to midnight, funny, interesting, 194 00:10:50,600 --> 00:10:53,000 Speaker 1: that's all coming up the rest of the day here 195 00:10:53,080 --> 00:10:55,080 Speaker 1: on seven ten WR