Porn industry seeks federal bailout

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Oct 7, 2007
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January 7, 2009

From CNN's Rebecca Sinderbrand and Mark Preston

Larry Flynt is asking for a bailout.

WASHINGTON (CNN) ? Another major American industry is asking for assistance as the global financial crisis continues: Hustler publisher Larry Flynt and Girls Gone Wild CEO Joe Francis said Wednesday they will request that Congress allocate $5 billion for a bailout of the adult entertainment industry.

?The take here is that everyone and their mother want to be bailed out from the banks to the big three,? said Owen Moogan, spokesman for Larry Flynt. ?The porn industry has been hurt by the downturn like everyone else and they are going to ask for the $5 billion. Is it the most serious thing in the world? Is it going to make the lives of Americans better if it happens? It is not for them to determine.?

Francis said in a statement that ?the US government should actively support the adult industry's survival and growth, just as it feels the need to support any other industry cherished by the American people."

?We should be delivering [the request] by the end of today to our congressmen and [Secretary of the Treasury Henry] Paulson asking for this $5 billion dollar bailout,? he told CNN Wednesday.

Flynt and Francis concede the industry itself is in no financial danger ? DVD sales have slipped over the past year, but Web traffic has continued to grow.

But the industry leaders said the issue is a nation in need. "People are too depressed to be sexually active," Flynt said in the statement. "This is very unhealthy as a nation. Americans can do without cars and such but they cannot do without sex."

"With all this economic misery and people losing all that money, sex is the farthest thing from their mind. It's time for congress to rejuvenate the sexual appetite of America. The only way they can do this is by supporting the adult industry and doing it quickly."

So far, there has been no congressional reaction to the request.

?CNN?s Chloe Melas contributed to this report
 
porn is good but when it comes to minors, it is really really not good. i saw some sex scandal video from a local school here in my counrty. where they let the two girls get drunk and surprisingly they gang bang it like 4 guys in one girl. and yes they wer like 14years old. i was shock it is so nasty and they also wear their schoool uniforms it sucks man
 
A Porn bailout would probably help the economy more than the bank bailout did.
 
I think it's great. Even though I'm not into porn, I like the way Larry Flynt always shakes up the barrel.
 
true that mrhtbd! i still don't think it should be approved. If it weren't for all the other buisnesses that would suffer if the automakers failed I would be completely against that bailout aswell.

Whatever happend to the electric car? they had a working model and scrapped it. If they would've held onto that idea they wouldnt be in dire straights their sales wouldve skyrocketed during the last hike in oil prices.

Do a search on your favorite torrent tracker for the title "Who killed the electric car" and you will see the documentary that details the whole scandal!
 
5 bill huh.....and we have poor and starving kids and family's, yet they want 5 bill to bail them out just for porn.......damn where did our values go...
 
I don't want my tax dollars bailing out any company. But that being said, the porn industry has done more for society than the banking industry. Research the history of these international bankers before you say anything. They really are evil people.
 

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