Now US porn industry wants $5B Govt. bailout

January 8th, 2009 - 3:22 pm ICT by ANI  

London, January 8 (ANI): Porn baron Larry Flynt says that the US Government should help rejuvenate the industry, which has been bearing the brunt of the ongoing global economic crisis, with a financial assistance of five billion dollars.
The Hustler magazine founder has even joined forces with Girls Gone Wild video series creator Joe Francis to approach Congress so as to sustain the same kind of financial aid as was recently approved for automakers.
“Congress seems willing to help shore up our nation’’s most important businesses, (and) we feel we deserve the same consideration. In difficult economic times, Americans turn to entertainment for relief. More and more, the kind of entertainment they turn to is adult entertainment,” the Telegraph quoted Francis as saying in a statement
“The take here is that everyone and their mother want to be bailed out from the banks to the big three. 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,” the paper quoted Owen Moogan, a spokesman for Flynt, as telling CNN.
Francis is also said to have admitted during an interview with the website TMZ that the move is more of a “precautionary measure” than an emergency rescue.
He, however, insisted that “as long as the government is handing out money, we want to be there to take it.”
The pair admit that though DVD sales and rentals have dropped 22 per cent over the past year, online traffic has continued to grow.
“The 13-billion-dollar industry is in no fear of collapse. But why take chances?” they say.
Flynt insists that Americans can do without cars but not without sex, and the only way Congress could “rejuvenate” the countrys sexual appetite was “by supporting the adult industry and doing it quickly.”
There was no response from Congress to the request. (ANI)

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