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. Art

    It's kind of funny reading some of the responses. I believe most got too wound up reading that they overlook the last sentence. Seriously, let's see a show of hands on how many think congress is going to consider this?

    Didn't see any.

    Ya'll have a nice day...

    January 7, 2009 02:31 pm at 2:31 pm |
  2. Anonymous

    Pathetic request from a pathetic industry.

    January 7, 2009 02:31 pm at 2:31 pm |
  3. hclifton

    If you didn't see this coming you're an idiot. Of course everyone and their mother is going to want a piece of the big bail out. Once you open that door it is very hard to close. The bail outs should have never been allowed to happen, we are undermining our own economic philosophies when the government is allowed to step in and save companies that can't keep their own books or meet market demands.

    January 7, 2009 02:31 pm at 2:31 pm |
  4. Send me the pics

    A week after American International Group received an $85 billion bailout from the federal government — ostensibly to rescue the insurance company from financial ruin — 70 of its top performers enjoyed a lavish, $400,000 weeklong retreat. Less than 24 hours after the news of the junket broke, the Federal Reserve announced it had agreed to give AIG an additional loan of up to $37.8 billion. AIG thanked taxpayers by spending $86,000 for hunting trips in England.

    TAXPAYERS RECEIVED NOTHING!!!

    At least if we bailed out the adult industry we might get some great pictures and videos of the party!

    January 7, 2009 02:31 pm at 2:31 pm |
  5. Sarah

    While I'm not a fan of the porn industry, I like this because it inadvertently makes a critical statement about the bail out concept.

    January 7, 2009 02:31 pm at 2:31 pm |
  6. Just Me

    PLEASE APPOINT ME THE PORN CZAR !!!

    January 7, 2009 02:31 pm at 2:31 pm |
  7. charles okai

    this is what makes america the greatest nation in world. imagine this is saudi arabia or other parts of the world. i love america.

    January 7, 2009 02:32 pm at 2:32 pm |
  8. Rick Spaulding

    yeah, right, I personally think it should all go under, and off the shelves and off the streets of America.

    January 7, 2009 02:32 pm at 2:32 pm |
  9. I'm just saying

    If anyone thinks this is for real, just go back and watch "The People Vs. Larry Flynt". Then sit back and enjoy the satire and irony as half the country gets tied up in fits and knots of moral outrage (while secretly buying tons of porn). Kudos to the still king of "the worst of 'em"... Larry Flynt!

    January 7, 2009 02:32 pm at 2:32 pm |
  10. brenda in WI

    I have a huge feeling this is to make a point. What makes auto workers better than porn actors? NOTHING. I didn't want to bail out the automakers flying in on there luxury jets, nor wallstreet getting huge bonuses at our expense. The porn industry has just as much right as them.

    January 7, 2009 02:32 pm at 2:32 pm |
  11. buckner

    This is great!

    Seriously, if we are going to fancy prance around socialism while patting our backs for being the worlds greatest patriots we might as well have some commie porn to go along with our commie banks and commie cars.

    This whole thing is a joke.

    January 7, 2009 02:32 pm at 2:32 pm |
  12. KCBob

    Flynt for President! 2012!

    January 7, 2009 02:32 pm at 2:32 pm |
  13. Shari, NY

    Hell has frozen over, LOL!!!!

    January 7, 2009 02:32 pm at 2:32 pm |
  14. Joshua

    Now is the time for all men/women to STOP Their sinful ways... Wake up and smell the coffee...Has not this world shown ALL what is comming ????

    January 7, 2009 02:32 pm at 2:32 pm |
  15. tom in austin tx

    So.... Debbie Does Welfare?

    January 7, 2009 02:33 pm at 2:33 pm |
  16. bravo

    At least we would be able to SEE what Larry Flint and GGW do with their bailout money.

    January 7, 2009 02:33 pm at 2:33 pm |
  17. Carl

    Always new Playboy was better

    January 7, 2009 02:33 pm at 2:33 pm |
  18. Stephen

    This request is no less valid than a good number of the rest of the entities already issued bailout checks. Read the list and judge for yourself. Remember, the banks haven't reported how the money money was spent. I don't approve of Mr. Flynt's request, but at least he is honest.

    January 7, 2009 02:33 pm at 2:33 pm |
  19. Brent

    jenn: you are right. What we need is less of Flynt and his ilk and more of morally upright, constructive programming and magazines, etc.

    January 7, 2009 02:33 pm at 2:33 pm |
  20. Eric

    Freedom of Speech, ladies and Gentlemen

    January 7, 2009 02:33 pm at 2:33 pm |
  21. johnc

    This has got to be the biggest load of crap yet. People losing their jobs, their homes and trying to survive have to listen to these people who tear away at the moral fabric of our culture.
    The answer should be a resounding NO and GO AWAY.

    January 7, 2009 02:33 pm at 2:33 pm |
  22. Ron Jeremy

    Why don't all you whiners band together and cry for a bailout too? You will need it to pay for your internet access so you can keep whining !!

    I've been asking for Nancy and Barney to call.

    Ron

    January 7, 2009 02:33 pm at 2:33 pm |
  23. Wanda Davis

    What next? Will we bail out the prostitutes becase their Johns don't have enough left over from what their demanding families had to have to survive. Give me a break! We're taking food out of the mouths of children and feeding the greed and filth of the wealthy. I think our country will sink to a new low if the government starts bailing out smut and those that profit from it. I believe that something like this makes a mockery of morally good people who work and pay taxes to a government that is supposed to look out for the best interest of the many not the few. What ever happened to our Christian Nation??

    January 7, 2009 02:33 pm at 2:33 pm |
  24. Darth Vadik, CA

    Democrats make porn, Republicans use porn and take it a little too far.

    January 7, 2009 02:33 pm at 2:33 pm |
  25. David

    Flynt has a good point. With the housing market showing continued softness, we don't that spreading to other parts of the economy.....

    January 7, 2009 02:33 pm at 2:33 pm |
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