From Media Matters:
On the October 15 broadcast of his nationally syndicated radio show, Bob Grant said: "[W]hat is that flag that Obama's been standing in front of that looks like an American flag, but instead of having the field of 50 stars representing the 50 states, there's a circle?" He then said: "Is the circle the 'O' for Obama? Is that what it is?" Grant later said: "[D]id you notice Obama is not content with just having several American flags, plain old American flags with the 50 states represented by 50 stars? He has the 'O' flag. And that's what that 'O' is. That's what that 'O' is. Just like he did with the plane he was using. He had the flag painted over, and the 'O' for Obama. Now, these are symptom -- these things are symptomatic of a person who would like to be a potentate -- a dictator."
Here is the photo of Obama during his speech in Ohio:

Here is an illustration of the offending flag that is causing such a stir - of which there are several in the background, alternating with American flags in the above photo:

Fortunately for us, and unfortunately for Mr. Grant - this flag which he referred to as "The O Flag" is not a threat to the United States at all. It is, in fact, the Ohio State Flag.
Grant, you are a foolish, old stupid asshat.
Folks, if you think your stomach can handle it, here is the audio.
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