Porn Industry Bailout: Joe Francis, Larry Flynt Ask Washington for "Sexual Rejuvenation"
Sex Industry Might Be Better Investment Than AIG or Big 3 Automakers
That's right. Larry Flynt and Joe Francis are hitting up the government to give them part of the $700 billion bailout TARP money. Francis plans to take the appeal to Capitol Hill in person. (Wonder if he'll be bringing some of "Girls Gone Wild" girls?) TMZ has reported that the porn industry has been a little limp of late, that sales of DVDs are down 22%.
No word yet whether Hugh Hefner has put his hand in. Playboy's stock has fallen 81% in the past year and they sold their DVD division. Although she cited no actual reasons other than personal, Christie Hefner's resignation as CEO of the world's most famous men's magazine has been linked to the Playboy Enterprises' poor performance of late.
Flynt and Francis are asking for $5 billion of the bailout money.
Flynt said, "Congress must rejuvenate the sexual appetite of America."
The sad truth of the matter is that, whereas the money loaned to bail out financial giants AIG and automotive giants General Motors and Chrysler may never be recouped or take years to produce results, a loan to the porn industry, or sex industry, could show immediate returns.
According to Family Safe Media, the porn industry rakes in over $3000 every second. Over 28,000 people are watching pornography at any given second. And every 39 minutes, a new porn movie is made.
While DVD and print publication sales have shown a decline in recent years, internet usage has increased.
That is some serious money changing hands over looking at naked people. And since most people believe that Washington is populated with political prostitutes anyway, it's not as if the money will have to travel far. Besides, loaning the money to an industry that might actually have a decent chance at repaying the loan might be such a bad idea.
Some, like CNN's Anderson Cooper, have suggested that it might simply be a publicity stunt. And it might be.
Larry Flynt said in a statement: "People are too depressed to be sexually active. This is very unhealthy as a nation. Americans can do without cars and such but they cannot do without sex."
True enough. An argument can be made that the sex industry has just as much right to the bailout money as the Big 3 automakers.
In fact, Congress could make one of the stipulations to getting the loan would be for every porn movie made or shown would have to be prefaced with a safe sex public service announcement (some already follow this practice).
CNN also reports that there has been no Congressional reaction as yet. Playing hard to get, as it were.
It is doubtful whether anyone in Washington will acknowledge the request. But the adult entertainment industry is set to make it formal, even going so far as to give a copy of their request to Secretary of the Treasury Henry Paulson.
And you know Paulson isn't coming off of anything for the sex industry.
Henry Paulson didn't even want to give any up to the car companies.
******
Sources:
CNN.com
FamilySafeMedia.com
TMZ.com
"Anderson Cooper 360," CNN Television
Published by Saul Relative
WVU graduate, with degrees in History, English, Secondary Education, Computer Programming, and Psychology (and nearly a degree in Political Science). Originally from West Virginia, with stints in Virginia,... View profile
- Henry Paulson, Ben Bernanke Grilled by Senate Banking Committee Over Proposed $700...Henry Paulson and Ben Bernanke were grilled by the Senate Banking Committee as to why they thought it prudent to be given $700 billion of taxpayer money to bail out failing banks, corporations, and financial instituti...
- Henry Paulson Regrets to Inform You....Secretary of the Treasury Henry Paulson regrets the actions that have brought us to the brink of financial meltdown. Does that sound like someone in Washington finally stepping up to accept some well-deserved blame fo...
- Porn Industry Wants Stimulus from Federal Bailout Flynt Francis to DCPorn industry wants a bailout? Sorry. I'm not feeling the love.
- A Bailout for PornThe thought occurs that things must be really bad if the porn industry needs a bailout. Hustler Magazine publisher Larry Flynt and Girls Gone Wild producer Joe Francis are hitting up Congress for a five billion dollar...
- The Porn Industry Wants a BailoutLarry Flynt of Hustler magazine, and Joe Francis of Girls Gone Wild, say they "deserve" a share of Obama's bailout plan.
- Girls Gone Wild Founder Joe Francis Accused of Bribery
- The Power of the Porn Industry
- Girls Gone Wild Founder Joe Francis Gets 35 Days in Jail
- Internet's Affect on the Porn Industry
- Amber Arpaio Suing Ashely Dupre and Joe Francis
- Treasury Secretary Henry Paulson Comes from Wall Street Roots
- Is the Sky Falling? Ben Bernanke, Henry Paulson on Collision Course with Chris Dodd





7 Comments
Post a CommentWhy not? Flynt, Francis, and the boys in Congress aren't exactly strangers to friggin' people (both literally and figuratively). Shit, just let them have it. Hell, why not just give all the money away to everyone who 'needs' it. I used to buy your magazine religiously as a kid, Mr. Flynt; why not give me back some of the fortune I helped you to build?
Love to see them government guys squirm, trying to defend stupid precedents.
Great article..
un-believable , great reporting!
Larry ought to get his buddy Dennis Kucinich to lobby some other House members on this matter. LOL.
Yo, one of my editors wasn't thrilled with my last piece. This is depressing my net value as a writer. Can I get some money? How about if I put some dirty pictures in?
Yep. I just wrote about this on my online blog. Un-friggin-believable!