(When it comes to bailouts, rest assure that the public will be the one who get screwed. Image source: http://wcrnews.wordpress.com)
I never expected to see this but this is what CNN reported:-
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.
But what is surprising is the reason for the bailout:-
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.”
It is unlikely that Congress will agree to this request.
Back in Malaysia, we don’t have a striving “adult entertainment industry” but we do have unbelievable idiots who don’t twice before asking public funds for bailouts.
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