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. terry baren

    HERE HERE! Finally some sense is being made. It should be part of any stimulus package.

    January 7, 2009 02:08 pm at 2:08 pm |
  2. wow

    Unbelievable. I'm a Christian Democrat who would love to see the porn industry die.

    Reality King at 1:58pm:

    Oh, please. If Obama personally writes the check, then you can blame him.

    January 7, 2009 02:08 pm at 2:08 pm |
  3. Coherent1

    I wish the Federal Government would! I freakin' wish they would bail them! Here's my congressional reaction to the request: use the "all fives".

    January 7, 2009 02:08 pm at 2:08 pm |
  4. Chris

    YOU MUST BE JOKING?????????

    January 7, 2009 02:08 pm at 2:08 pm |
  5. Scott NYC Independent

    So now the government is a trick

    January 7, 2009 02:09 pm at 2:09 pm |
  6. AJ

    At least the porn industry seems to have better leadership than the auto industry lol

    January 7, 2009 02:10 pm at 2:10 pm |
  7. gary n.

    @ Anonymous

    Sarah Palin is trash. Leave Larry Flynt alone !

    January 7, 2009 02:10 pm at 2:10 pm |
  8. MARK

    GO GET EM LARRY!

    January 7, 2009 02:10 pm at 2:10 pm |
  9. Jimmy

    Maybe if so many wives didnt let themselves go barb their husbands woudn't have a porn addiction...and porn makes more money than cars newport so just becaue you dont like it doesnt mean a lot of other folks wouldnt be bummed..no pun

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

    I love it. It's an industry just like anything else. I can't wait to see Congress' response to this!

    January 7, 2009 02:10 pm at 2:10 pm |
  11. arc, Lugano CH

    The banks got bailed out because they couldn't grant a decent loan.
    The automakers got bailed out because they couldn't make a decent car.
    The porn industry gets bailed out because they can't produce decent porn.

    January 7, 2009 02:10 pm at 2:10 pm |
  12. Stud

    I support this and am willing to volunteer my services.

    January 7, 2009 02:11 pm at 2:11 pm |
  13. Nelson Colorado Springs Co

    GO FOR IT MR Larry Flynt and Girls Gone Wild CEO Joe Francis EVERYBODY NEED HELP, YOU NEED A BAIL OUT ALSO. Congress NEEDS TO allocate $5 billion for a bailout of the adult entertainment industry.

    January 7, 2009 02:11 pm at 2:11 pm |
  14. Dennis

    Absolutely. I'm confident that the porn industry will know how to manage a forceful infusion of liquidity.

    January 7, 2009 02:12 pm at 2:12 pm |
  15. chuck

    THIS IS ONE BAILOUT THAT SHOULD DEFINITELY SAILOUT.

    January 7, 2009 02:12 pm at 2:12 pm |
  16. AndrewW

    If sales are increasing online... how could you say that people's desires are lowering?

    January 7, 2009 02:12 pm at 2:12 pm |
  17. Brian From Fort Mill, SC

    I guess pimping ain't easy, after all. :)

    January 7, 2009 02:12 pm at 2:12 pm |
  18. Nick, Rochester, NY

    Flynt knows liberals are in complete control...

    January 7, 2009 02:12 pm at 2:12 pm |
  19. Ontaya

    Are you flipping kidding me!

    January 7, 2009 02:13 pm at 2:13 pm |
  20. Amber

    This is the most ridiculous thing I have read today.

    January 7, 2009 02:13 pm at 2:13 pm |
  21. Kevin

    I must say some of these comments are more rediculus than this story.

    PORN: Its worse than terrorism.

    lol

    January 7, 2009 02:13 pm at 2:13 pm |
  22. rohan

    Obama and comrades must come forward on Jan 21 and inform the nation that: "DONT EVEN THINK OF ASKING FOR A BAILOUT BECAUSE THE BAILOUT BUCKET BOTTOM FALL OUT".
    This bailout thing is getting so ridiculous.

    January 7, 2009 02:14 pm at 2:14 pm |
  23. LYNETTE IN CA

    You have got to be kidding me!!!

    January 7, 2009 02:14 pm at 2:14 pm |
  24. deadhead dylan

    This has got to be a joke.

    January 7, 2009 02:14 pm at 2:14 pm |
  25. John

    This makes just as much sense as the banks, insurance and the autos!

    January 7, 2009 02:14 pm at 2:14 pm |
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