Jennifer Granholm

  • Aired:  01/17/12
  •  | Views: 18,292

Jennifer Granholm explains the fundamental differences between the Obama administration's intervention in the auto industry and Mitt Romney's work at Bain Capital. (6:14)

(CHEERS AND APPLAUSE)

>> Stephen: WELCOME BACK,

EVERYBODY.

THANKS SO MUCH.

OUR GUEST TONIGHT IS THE FORMER

GOVERNOR OF THE FORMER MICHIGAN.

PLEASE WELCOME JENNIFER

GRANHOLM.

(CHEERS AND APPLAUSE)

THANK YOU VERY MUCH.

GOVERNOR GRANHOLM, THANK YOU

VERY MUCH FOR COMING ON.

LOOKING FORWARD TO MEETING YOU

FOR A LONG TIME.

>> WELL, ME, TOO, LOOKING

FORWARD TO MEETING YOU.

>> Stephen: THAT'S

UNDERSTANDABLE.

THANK YOU.

NOW, GOVERNOR, YOU'RE THE FORMER

DEMOCRATIC GOVERNOR OF MICHIGAN,

ELECTED IN 2002, REELECTED IN

2006.

YOU NOW TEACH AT BERKLEE, YOU

WILL BE HOSTING CURRENT T.V.'S

UPCOMING SHOW "THE WAR ROOM"

WITH JENNIFER GRANHOLM.

SO WE GET IT, YOU'RE A LIBERAL.

>> ALL THE WAY.

>> Stephen: DO YOU HAVE A TATTOO

OF MICHAEL MOORE RIDING A

DOLPHIN-SAFE TUNA?

HOW MUCH MORE LIBERAL COULD YOU

GET?

TELL ME ABOUT THE... YOUR NEW

BOOK IS CALL "A GOVERNOR'S

STORY: THE FIGHT FOR JOB'S AND

AMERICA'S ECONOMIC FUTURE."

YOUR STATE HAS HAD A REAL

ECONOMIC HILT.

IS MICHIGAN COMING BACK NOW?

>> IT IS, ACTUALLY.

THE OBAMA ADMINISTRATION STEPPED

FORWARD TO SAVE THE AUTO

INDUSTRY AND AS A RESULT....

>> Stephen: BIG GOVERNMENT

TAKEOVER.

BIG GOVERNMENT TAKEOVER.

>> SMART GOVERNMENT ASSISTANCE

TO SAVE THE BACKBONE OF THE

MANUFACTURING SECTOR OF THIS

COUNTRY, WHICH IS THE AUTO

INDUSTRY.

>> Stephen: BAILOUT.

(LAUGHTER)

>> CALL IT WHAT YOU WILL BUT I

SAY IT'S JOBS.

>> Stephen: THOSE ARE JOB

BAILOUTS.

>> WELL, IT CERTAINLY SAVED JOBS

OF A HUGE NUMBER OF PEOPLE AND

NOT JUST IN MICHIGAN BUT ALL

ACROSS THE INDUSTRIAL MIDWEST.

>> Stephen: NOW MITT ROMNEY SAYS

THAT WHAT PRESIDENT OBAMA DID BY

BAILING OUT THESE AUTO

INDUSTRIES IS BASICALLY WHAT HE

WAS DOING AT BAIN!

JUST GOING IN AND HELPING THESE

COMPANIES RECOVER OR NOT

RECOVER.

>> TOTALLY RIDICULOUS.

>> Stephen: REALLY.

HE CREATED

120,000 JOBS.

>> YES, HE DID.

>> Stephen:

>> WHAT HE DID AT BAIN WAS TO

TRY TO SAVE COMPANIES OR MAKE

PROFITS FOR HIS INVESTORS.

THAT WAS THE GOAL IS TO MAKE

PROGRESS.

PRESIDENT OBAMA'S SAVING OF THE

AUTO INDUSTRY WAS ALL ABOUT

SAVING JOBS.

(CHEERS AND APPLAUSE)

>> YOU SAY THAT WHAT MICHIGAN

WENT THROUGH OVER THE LAST TEN

YEARS WAS A PREVIEW OF WHAT THE

REST OF THE COUNTRY IS GOING TO

FACE NOW.

LIKE MICHIGAN GOT IT FIRST.

>> RIGHT.

>> Stephen: WHY DIDN'T YOU SEND

US A MESSAGE?

(LAUGHTER)

WHY DIDN'T YOU SEND AN E-MAIL

THAT... IT'S A LITTLE LATE,

BABY.

WHY DIDN'T YOU SEND AN E-MAIL

THAT SAYS SUBJECT: ECONOMY,

WE'RE SCREWED.

(LAUGHTER)

>> BUT HERE'S THE THING.

I MEAN, IN THE PAST DECADE... SO

MICHIGAN LOST, OBVIOUSLY, MORE

MANUFACTURING JOBS, MORE

AUTOMOTIVE JOBS THAN ANY OTHER

STATE BECAUSE OF THE CHANNELS IN

THE MANUFACTURING SECTOR THE

COUNTRY HAS EXPERIENCED.

SO WE'VE SEEN THIS LOSS OF THE

MANUFACTURING JOBS.

THE QUESTION IS FOR OUR NATION

AND YOUR FELLOW REPUBLICAN

CANDIDATES FOR PRESIDENT.

>> Stephen: I'M NOT A CANDIDATE

YET, THANK YOU.

>> OKAY, THE PEOPLE IN YOUR

CAMP.

YOUR PEOPLE.

WHAT ARE THEY PLANNING TO BE

ABLE TO CREATE JOBS IN AMERICA

IN A GLOBAL ECONOMY?

>> Stephen: IT'S TWO-PRONGED...

>> OH, I KNOW WHAT IT IS.

>> Stephen: NO, YOU'RE GOING TO

SAY IT'S CUTTING TAXES RIGHT?

>> CUTTING TAXES.

>> Stephen: THAT'S DEFINITELY

ONE WRONG.

CUTTING TAXES IS THE FIRST THING

AND THE SECOND ONE IS TAX CUTS.

(LAUGHTER)

THINK THAT'S A SUBTLE DIFFERENCE

BETWEEN THOSE TWO.

>> AND IT WORKED WELL UNDER

GEORGE BUSH, DIDN'T IT?

>> IT DID.

WE HAD A BOOM TIME!

I MAKE A LOT MORE MONEY NOW THAN

GEORGE BUSH.

I GOT MINE, JACK.

THINGS HAVE BEEN GOING JUST

GREAT.

(APPLAUSE)

NOW YOU'RE... I WAS GOING TO SAY

YOUR HOME STATE BUT IT'S NOT

YOUR HOME STATE.

YOU'RE A TOUGH-TALKING

ATTRACTIVE CAPABLE DEMOCRATIC

FIRST FEMALE GOVERNOR OF

MICHIGAN BUT THERE IS A DARK

SECRET IN YOUR PAST THAT KEEPS

YOU FROM BEING PRESIDENT.

WOULD YOU TELL THE PEOPLE WHAT

IT IS.

>> THAT I WAS ON "THE DATING

GAME"?

>> Stephen: YOU WERE ON "THE

DATING GAME?"

(CHEERS AND APPLAUSE)

I WAS GOING TO... WELL,

BACHELORETTE NUMBER ONE... IS

DOES THAT FOOTAGE EXIST OUT

THERE?

>> THANK GOD NO.

I WAS 19.

IT WAS LONG AGO.

>> Stephen: OH, WE WERE ALL 19

ONCE.

I MEANT THAT YOU WERE FROM

CANADA.

>> I WAS BORN IN CANADA.

>> Stephen: SO YOU CAN'T RUN FOR

PRESIDENT.

(ONE AUDIENCE MEMBER CHEERS)

>> WE HAVE A CANADIAN OUT HERE.

>> Stephen: OR A WAYWARD MOOSE

THAT JUST GOT GOOSED BY A LOON.

>> ARNOLD SCHWARZENEGGER AND I

HAVE TWO THINGS IN COMMON, AND

THAT'S ABOUT IT.

BOTH MARRIED... BOTH WERE ON

"THE DATING GAME."

>> Stephen: AND YOU CAN BOTH

BENCH 400.

>> (LAUGHS)

EXACTLY!

>> Stephen: MUST BE SO.

>> THE SECOND THING IS WE WERE

BOTH BORN OUTSIDE THE COUNTRY.

>> Stephen: YOU WERE BORN IN

CANADA, CORRECT?

YOU'RE A MAPLE SYRUP BABY.

YOU SMUGGLED... YOU CAME IN,

ILLEGAL IMMIGRANT AT FOUR?

>> NO.

>> Stephen: DID YOU HAVE GREEN

CARD AT FOUR?

>> I DID.

>> Stephen: YOU HAD A GREEN CARD

AT SHOWER IN

>> YEAH.

>> Stephen: WHAT WAS YOUR

SPECIAL SKILL?

BEING ADORABLE?

IN MICHIGAN, THAT IS MITT

ROMNEY'S HOME STATE.

>> YES, YES.

>> Stephen: HE'S GOING TO TAKE

THAT?

IT'S GOING TO BE A GOOD

OLD-FASHIONED...

>> NO!

NO!

MITT ROMNEY CAME TO MICHIGAN AND

WHILE WE WERE ON OUR KNEES HE

STABBED US IN THE BACK.

HE WROTE AN OP-ED IN THE "NEW

YORK TIMES" AND THE HEADLINE WAS

"LET DETROIT GO BANKRUPT."

>> Stephen: HERE'S WHY I THINK

MITT ROMNEY IS GOING TO TAKE

MICHIGAN NO MATTER WHAT YOU SAY.

BECAUSE HIS NAME IS THE SHAPE OF

YOUR STATE.

(LAUGHTER)

BACHELORETTE NUMBER ONE, THANK

YOU SO MUCH FOR JOINING US

TODAY.

(CHEERS AND APPLAUSE)

GOVERNOR, THE BOOK IS "A

GO

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