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Porn industry seeks federal bailout

Discussion in 'Financial Cents' started by hacon1, Jan 7, 2009.


  1. hacon1

    hacon1 Monkey+++

    January 7, 2009
    Porn industry seeks federal bailout
    Posted: 04:25 PM ET

    From CNN's Rebecca Sinderbrand and Mark Preston

    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.


    http://politicalticker.blogs.cnn.com/
     
  2. mobilus

    mobilus Monkey++

    You gotta be kidding me...
     
  3. hacon1

    hacon1 Monkey+++

    You know the economy is in the tank when sex and booze don't sell!
     
  4. Tango3

    Tango3 Aimless wanderer

    washington is doing so much wanking there's no joy jelly left for the citizens.strategic lubrication shortage...
    Larry's kidding right?
     
  5. hacon1

    hacon1 Monkey+++

    I have no idea but if it wasn't for real, I don't know if CNN would have wasted their time and run the risk of looking like fools to the sheeple.
     
  6. ozarkgoatman

    ozarkgoatman Resident goat herder

    I saw this on the news yesterday. [beat]

    OGM
     
  7. CRC

    CRC Survivor of Tidal Waves | RIP 7-24-2015 Moderator Emeritus Founding Member

    I thought they already went down....

    [angel]
     
  8. Quantrill

    Quantrill Monkey++

    [fnny][fnny][fnny][fnny][fnny][fnny][fnny][fnny][fnny][fnny]

    TARFU when the porn industry can't get it up......in sales!
     
  9. Brokor

    Brokor Live Free or Cry Moderator Site Supporter+++ Founding Member

    It's an obvious statement, and I agree with Flint and the others who believe that this whole "bailout" scheme is just another way to increase the debt burden and line the pockets of a few political allies. It has nothing to do with eradicating debt or stimulating the market -you cannot spend yourself out of debt, every person knows this!

    “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.
     
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