I read this in today's "Deal Book" (the bold part makes me "LOL"):
Porn Chiefs Seek $5 Billion
Even pornographers are lining up for a government bailout.
Larry Flynt, the publisher of Hustler magazine, and Joe Francis, the producer of the “Girls Gone Wild” videos, said Wednesday that they were asking Congress for $5 billion in federal assistance, asserting that the adult entertainment industry was among those hit by the recession, which “has acted like a national cold shower.”
“With all this economic misery and people losing all that money, sex is the farthest thing from their mind,” Mr. Flynt said in a statement. “
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 how bad is the pornography business? Does it really deserve a multibillion-dollar bailout like the banks and the automakers?
In their press release, Mr. Flynt and Mr. Francis admit, “The $13 billion industry is in no fear of collapse, but why take chances?”
Rather, we highly suspect that what they really want is publicity. After all, the bailout plea was made at the opening of the AVN Adult Expo in Las Vegas.
By Wednesday night, Google listed more than 6,400 items about the porno bailout. MSNBC’s “Countdown With Keith Olberman” devoted its final segment to it.
And now, after resisting this silliness all day, DealBook has an item on it.