Glenn heard the audio today for the first time of Obama in damage control mode over his ‘you didn’t build it’ remarks regarding small business. It was a revealing sentiment - but how he is handling the response is even more revealing.
"Everybody knows, of course, Barack Obama saved the auto industry," Glenn joked.
In a new ad, an autoworker claimed, "The auto industry was crashing down. I was scared to death. I had a newborn baby, wife, house, and I got laid off. I wasn't sure what I was going to do. Obama stuck his neck out for us, the auto industry. He wasn't going to let it just die. And I'm driving in this morning because of that, because of him."
WATCH the ad below:
"So that's over $80 billion we spent on the bailout and it was all money well invested. $80 billion in taxpayer dollars. And that's ‑‑ I think that's fantastic," Glenn said sarcastically.
Glenn also took umbrage with the claim that Obama's inaction would have been "letting the industry die".
"It doesn't shut things down. You just restructure and then you open the doors back up again," he said.
As ads like these are running claiming Obama saved the auto industry while Romney is the king of outsourcing, the CEO of GM is admitting most vehicles are made outside of the United States.
In 2011, Dan Akerson gave a speech admitting, : "Almost seven out of every ten automobiles, seven out of ten of our vehicles were made outside the United States. We have eleven joint ventures in China with SAIC and SAW. We operate eleven assembly plants in China, four power train plants in eight cities across the country. We regard our eleven joint ventures as eleven keys to success, not just in China but globally. Our commitment to working in China, with China, for China. "
"Now, why are they making them in China? Well, because you can get cheap labor. You can get cheap labor. But we've got the labor unions here, and workers of the world unite," Glenn said.
"Mitt Romney's accused by this president of outsourcing jobs in a company that he wasn't even running at the time. Meanwhile, we're hemorrhaging jobs to China, Mexico, and believe it or not under this president, believe it or not, hemorrhaging jobs to Iceland," he said.