January 7th, 2009
05:27 PM ET
4 years ago

Porn industry seeks federal bailout

Larry Flynt is asking for a bailout.
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


Filed under: Congress • Popular Posts
soundoff (320 Responses)
  1. Newport News, VA

    Now this is getting ridiculous. That's an industry that can go under and no one would lose any sleep over it.

    January 7, 2009 01:53 pm at 1:53 pm |
  2. Barb

    Thanks for making me run to the Calendar .......thought it was April 1st for a minute!

    January 7, 2009 01:55 pm at 1:55 pm |
  3. Brent Scott

    Are you kidding me? I mean seriously, people do not have food, shelter, clothing, work, health insurance or transportation; yet these morons have the nerve to ask for federal aid? Here is a suggestion, ask Bush for it, I am sure he has money rolling out of his pockets for his illegal war in Iraq!

    January 7, 2009 01:56 pm at 1:56 pm |
  4. Sarge in Florida

    OMG is this a joke?

    January 7, 2009 01:56 pm at 1:56 pm |
  5. INDEPENDENT

    lol HILARIOUS

    January 7, 2009 01:56 pm at 1:56 pm |
  6. Tim

    Weirdly, he makes more sense than all the politicians and media people put together.

    January 7, 2009 01:57 pm at 1:57 pm |
  7. Jose

    ROTFLMAO! Too funny. Wow.

    January 7, 2009 01:57 pm at 1:57 pm |
  8. john

    So porn is as important as CARS? I'll let other commenters answer that.

    January 7, 2009 01:57 pm at 1:57 pm |
  9. Barb

    Hmmm maybe some of those wives wouldn't be so depressed if hubby didn't have a porn addiction!!

    January 7, 2009 01:57 pm at 1:57 pm |
  10. frodo

    Finally! a bailout that will at least give us some relief.

    January 7, 2009 01:58 pm at 1:58 pm |
  11. laurel

    Ha ha ha!

    January 7, 2009 01:58 pm at 1:58 pm |
  12. RealityKing

    Change you can believe in..

    January 7, 2009 01:58 pm at 1:58 pm |
  13. Laverne

    ONLY IN AMERICA! GIVE ME A BREAK!

    January 7, 2009 01:58 pm at 1:58 pm |
  14. Griff

    Opra! When your Sad... When your Fat... When you use other Females to get Rich,.... Opra gave nothing, that she did not take from someone Else.... Just Another Free-Loader....

    January 7, 2009 01:58 pm at 1:58 pm |
  15. NJ

    Oh this is sooo funny. you all know what.....I want a $5 Billion bailout. I'm asking congress. I m hurting from this crisis too!!
    LOL

    January 7, 2009 01:58 pm at 1:58 pm |
  16. Karen - Missouri

    This is a joke, right??? Stupid request. The pimps should manage their finances better.

    January 7, 2009 01:59 pm at 1:59 pm |
  17. Edward

    Would be nice if they go under

    January 7, 2009 01:59 pm at 1:59 pm |
  18. Anonymous

    ????? you'd think that this would be an industry that would be relatively "safe". People using it as a stress reliever of sorts.

    January 7, 2009 01:59 pm at 1:59 pm |
  19. J.P..

    On a related note, Bill Clinton whipped out his checkbook and said, "How can I help?"

    January 7, 2009 01:59 pm at 1:59 pm |
  20. Dr. Norm O'Rourke

    Hey – if CitiBank can get a truck load of cash in the middle of the night, no questions asked, why not Larry Flint?!?

    January 7, 2009 01:59 pm at 1:59 pm |
  21. PoliticoMike

    Now, this is Comedy!!

    January 7, 2009 01:59 pm at 1:59 pm |
  22. Matthew

    Let the porn industry die. This is one of the best news ever. If the government bails them out with any amount, this country will be dammed by God.

    January 7, 2009 01:59 pm at 1:59 pm |
  23. Timmy

    Is this CNN or Fark? This has to be a joke!?

    January 7, 2009 02:00 pm at 2:00 pm |
  24. Mark Stephenson

    Idiocy. Pure idiocy.

    January 7, 2009 02:00 pm at 2:00 pm |
  25. Sarah

    ???? you'd think this industry would be relatively "safe" from the ailing economy with people turning to this industry as a form of "stress" relief.

    January 7, 2009 02:00 pm at 2:00 pm |
1 2 3 4 5 6 7 8 9 10 11 12 13