Porn Tries to Get a Rise Out of Congress

Andrew Jeffery  Jan 09, 2009 8:15 am

Porn Tries to Get a Rise Out of Congress
 
Smut peddlers probe Congress for bailout billions.
 

 
Finally! Congress gets a chance to bail out an industry it understands: porn.

With Washington seeming even easier than a starlet on a casting couch, even smut peddlers are clamoring for their share of the bailout pie.

Triple-X DVD sales have gone limp, tumbling 22% since last year. Hustler magazine founder and smut icon Larry Flynt, along with Girls Gone Wild creator Joe Francis, are now petitioning Congress for $5 billion to help prop up the business of selling sex.

Myriad websites, quasi-reputable news sources and witty bloggers report the pair are arguing that theirs is an industry worthy of support. According to Francis, who recently did time for alleged child abuse and prostitution charges:

"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."

Lawmakers must be asking themselves why they bothered rescuing Citigroup (C), General Motors (GM) and AIG (AIG) when that money could have been so much better spent.

For a fraction of what it cost to bail out the entire financial system, Congress could focus its efforts on saving a line of work even more essential to political life. The collapse of the porn industry, in addition to eliminating the entire curriculum of certain community colleges in southern California, would wreak havoc in Washington, DC.

Congressmen and lobbyists alike would spend the weekends wandering the DC streets like lost puppies in search of a teat.

And while reports indicate Flynt and Francis have thus far been unsuccessful in their money shot, they aren't likely be deterred. Most experts expect they'll they'll be coming back to Capitol Hill.
Rate this article:  (0 Votes)
Comments (4) See All Comments »
01-09-2009, 8:23 am
"Congressmen and lobbyists alike would spent the weekends wandering the DC streets like lost puppies in search of a teat."

Unlikely. I would guess they favor live entertainment and the collapse of this industry would probably
Read More
01-09-2009, 10:24 am
Recall, please, that Larry Flynt has a habit of striking a libertarian pose, and tweaking Congress. IMHO this is less a matter of conviction, and more a tactic to keep government as far away from his business as possible - a "spoiling attack&q
Read More
01-09-2009, 12:14 pm
True -- those politicians are very resourceful when it comes to seeking out their smut!
Read More
01-09-2009, 12:15 pm
David,

No doubt -- I don't even think they are serious, and you have to commend them for the publicity stunt!

Andrew
Read More
discuss this article and more on the mv exchange
No positions in stocks mentioned.

Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options.  Click here for a free 14 day trial to OptionSmith by Steve Smith.



The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2009 Minyanville Media, Inc. All Rights Reserved.

Ticker Talk
Popular Tickers:
SPX »AMZN »F »
Select
  •  
Talk Now
Share this Talk on your site:
Send us your feedback

Our Professors

rss article alert