The latest bailout request is from the porn industry.
[Larry] Flynt (the "Hustler" guy) and [Joe] Francis (the "Girls Gone Wild" dude) are asking the government for a $5 billion bailout, claiming the adult entertainment industry has taken a huge shot to the face because of the downturn — citing the fact that XXX DVD sales are down 22% from a year ago.
"With all this economic misery and people losing all that money, sex is the farthest thing from their mind," Flynt says. "It's time for Congress to rejuvenate the sexual appetite of America."
Economically, this request is no more ridiculous than the one last month from the home building industry. After all, to stabilize prices, we probably need a lower inventory of houses on the market, not a higher one.
Today it's the porn industry wanting a bailout. Who's next in line?