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. Bryan

    and why not? if banks and automakers dont have to be responsible for bad investments, why should adult entertainment companies have to either? Let's be even-handed with our tax money that's being given out.

    January 7, 2009 02:35 pm at 2:35 pm |
  2. Ken F. , Spofford, NH

    Classic Larry Flynt. He just loves to poke the Establishment in the eye. That doesn't make him a bad person.

    January 7, 2009 02:35 pm at 2:35 pm |
  3. EVANDRO

    Yeah I understand that companies are trying to survive in tough economic times, but the survival of the American people does NOT depend on the porn industry!!!!!!!!!!

    January 7, 2009 02:35 pm at 2:35 pm |
  4. artvpp

    I think this is getting out of hand. I do hope that the new government keeps their common sense and do not grant any help to this industry.

    In order to improve we need to create jobs, and compettive industries to have an economic advantage. We are in global market, and unless we are referring to strategic industries, we need to maintain a balance in allocating or providing any resource to our industries.

    At the same time, our country needs to develop every region and make sure there are industries that provide jobs everywhere, not just near the large cities.

    The government is in no position to save every industry and everyone. At the end of the day the taxpayers are the ones paying for any help given to industries.

    We have already seen how this government has allocated hundreds of billions to financial institutions without regard to their real needs. As an example, there are many family owned stable banks, that have received hundreds of millions - the question is, what is the reason that they received this money if they did not need it?

    As President elect Obama said, the new government will be accountable for its expenditures.

    January 7, 2009 02:35 pm at 2:35 pm |
  5. Terry

    You know the end of the world is upon us when you see things like this....

    January 7, 2009 02:35 pm at 2:35 pm |
  6. John

    If this industry fails, just think of the, suppliers all those jobs lost, this would be very tragic, congress should hold a special hearing and have the porn executives come to washington. OH wait they are already there, nevermind, can you see them lining up to be the porn czar. Hey I 'm just saying.

    January 7, 2009 02:35 pm at 2:35 pm |
  7. Steve

    He probably would've had better luck with that request during the Clinton Administration.

    January 7, 2009 02:35 pm at 2:35 pm |
  8. Diem - Washington, DC

    ROTFL!!!

    January 7, 2009 02:35 pm at 2:35 pm |
  9. Chester

    If you people don't get the sarcasm here, then you need to get a sense of humor. Of course this is a joke!

    January 7, 2009 02:35 pm at 2:35 pm |
  10. Kathie

    You must be joking????? The average citizen is getting screwed left and right and these morons want a bailout???? Jeez what next?

    January 7, 2009 02:36 pm at 2:36 pm |
  11. Leena

    That just puts the bailout craziness in perspective huh? LOL!! I give him a 50/50 chance of getting some amount of money too.

    January 7, 2009 02:36 pm at 2:36 pm |
  12. Ron Jeremy

    Let porn go under and for sure California bankrupts. Watch....

    January 7, 2009 02:36 pm at 2:36 pm |
  13. BUSH BEGONE AND NOW 75% OF AMERICA AGREES, FINALLY!

    “The porn industry has been hurt by the downturn...

    hmmm

    January 7, 2009 02:36 pm at 2:36 pm |
  14. christy

    I've heard that during hard times the needy and animal sheltors are hit the hardest. Not once have I ever heard of the porn industry being hard up (no pun intended!)

    January 7, 2009 02:36 pm at 2:36 pm |
  15. Kebo

    Now this is funny!!! Not the bail out. But the reaction of some of the people that are taking this seriously. THESE ARE THE JOKES PEOPLE!!!! CALM DOWN AND GET A LIFE.

    January 7, 2009 02:36 pm at 2:36 pm |
  16. george howell

    I don't think so. Flint has more monet then he knows what to do with.

    January 7, 2009 02:37 pm at 2:37 pm |
  17. St. Louis

    I cannot believe that industry would even remotely begin to ask for such a thing. We in America have a lot more to worry about right now than bailing out the likes of that kind business. Morons is right!!

    January 7, 2009 02:37 pm at 2:37 pm |
  18. for real

    Their silicone breasts are too big to fall - we must bail them out!

    January 7, 2009 02:37 pm at 2:37 pm |
  19. Clinton Fringer

    Good for you Larry.......I think we all need a bailout. Everybody that has lost their job should be in an uproar that they are having to pay for these bailouts so others don't lose theirs. Can you see the logic in that? In my family alone they are some that have lost their "lowly blue collar" jobs while listening to other family members that work for GM in their "it's a white collar job, you wouldn't understand" cry about how they deserve the bailout becasue their lifestyle shoudn't have to change..............it's unfair. WAH!

    January 7, 2009 02:37 pm at 2:37 pm |
  20. Mari

    NO. Not a cent!

    January 7, 2009 02:37 pm at 2:37 pm |
  21. Steve

    Larry Flint and Joe Francis jlosing money is the very least of my worries. If fact, they need to be concerned about losing their souls eternally!!!

    January 7, 2009 02:37 pm at 2:37 pm |
  22. Vince Skinner

    ...
    Geez.. if they'd just lower the prices of the DVD's and Videos, I think
    that would help sales a lot! Who would've thought that porn flicks
    would ever reach $59 apiece?? But between O'samabama and the
    auto and porn industry, maybe I can watch some porn dvd's in my
    new Chevy this year??!!!

    January 7, 2009 02:38 pm at 2:38 pm |
  23. Carl

    Gives a whole new meaning to the words "Stimulus Package"!

    January 7, 2009 02:38 pm at 2:38 pm |
  24. Denise in MD

    Qualms or no... if you don't see the genius in their request you are a severely repressed and closed-off individual.

    January 7, 2009 02:38 pm at 2:38 pm |
  25. Mitchell Gladstone

    Larry Flynt is probably not completely serious about his request. Don't get me wrong, I thing just like everyone else out there, he would probably take the money is granted to him. I think his point is that the government is bailing out industries and companies which should never have been bailed out. There has been a very bad precedent put in place by the federal government.

    January 7, 2009 02:38 pm at 2:38 pm |
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