This is the Mark Simone Show. 710 W.O.R. Well, Charlie Gasparino, the finest best business reporter in America. Of course, you see him on the Fox Business Network. You can read his columns. They're excellent. And make sure you follow him on Twitter. There's no better tweeter. Charlie Gasparino at Twitter. Charlie Gasparino, how you doing? How you doing, Mark?

Very good.

How's our banking system?

Is it better than it was a week ago?

Healthier?

No, it's still crappy.

It's still rewards people for taking risk.

One thing I do sort of know from covering this so many times, you know, like in 2008, I, well, I was even

around early in my career during the thrift crisis of the late 1980s, is that, you know,

this doesn't make good politics lefty, this, this never does well if you want to shape it

into a progressive political mean, as the Biden administration is doing.

You know, all these banking crisis, they all have their roots in big government.

And they all have their roots in the printing of money.

You know, 2008 had its roots in, you know, making sure that the American dream of owning a house was a right as opposed to something you earned.

I mean, you know, it was all those community reinvestment acts, all this stuff to push banks, make loans to people that really couldn't afford it until, you know, zero percent down loans, on top of the Fed

easing, right, printing money, which kind of allow, that's the sort of currency to allow the banks

to do this.

And this is no different.

I mean, this is, we've had three years before, until recently, before inflation came in and

started screwing everything up.

We had three years of just handing people money, printing money from the Fed, all because Joe

Biden wanted to be, you know, more transformational than his buddy Barack, as he put it.

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