Porn Moguls seek $5 Billion bailout.. [Archive] - MensTennisForums.com

Porn Moguls seek $5 Billion bailout..

Black Adam
01-08-2009, 01:19 PM
:rolls::rolls::haha::haha:
This is crazy....and it's not even a joke.
http://www.smh.com.au/news/world/porn-moguls-limp-bailout-plea/2009/01/08/1231004152449.html
Limp economy: porn moguls' bail-out plea

Two porn moguls, including Hustler magazine founder Larry Flynt, are seeking a $US5 billion ($7 billion) bail-out from Washington, arguing that the limp US economy has thrown cold water on the adult entertainment industry.
Flynt and Girls Gone Wild video series creator Joe Francis asked the newly convened 111th Congress "to rejuvenate the sexual appetite of America" in a bail-out move similar to the one set aside for US car makers.

"Congress seems willing to help shore up our nation's most important businesses, [and] we feel we deserve the same consideration," Francis said in a statement. :eek::eek: :help:

"In difficult economic times, Americans turn to entertainment for relief. More and more, the kind of entertainment they turn to is adult entertainment."
The pair were quick to admit that "the 13-billion-dollar industry is in no fear of collapse, but why take chances?"

Francis, recently imprisoned for nearly a year on a prostitution-related charge after pleading no contest in a plea bargain, cited industry figures that show adult DVD sales and rentals decreasing 22 per cent in 2008, as people turn to the internet for adult entertainment.

"With all this economic misery and people losing all that money, sex is the furthest thing from their mind," Flynt said.
"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."
Flynt said people were "too depressed to be sexually active".
"This is very unhealthy as a nation. Americans can do without cars and such, but they cannot do without sex."

Flynt sues nephews over porn films

Meanwhile, Flynt has sued two of his nephews for selling their own line of adult movies under the same family name.

Flynt accuses the nephews of producing pornographic films that are "inferior products" and "knockoff goods".

Flynt said he filed the lawsuit on Monday in US District Court to protect his family name in the industry, the Los Angeles Times reported on Wednesday.

"To come into the adult entertainment business and use my name not only confuses people who buy my products, but if they're not maintaining a certain quality, it could also hurt my name," Flynt told the newspaper.

Jimmy Flynt II and Dustin Flynt worked for their uncle for more than a decade before he fired them about a year ago.

The brothers said they were trying to break into the business and had a right to use their family name.

"If I can't use my name to do business, then what kind of society, what kind of world is that?" Dustin Flynt said.

He said his uncle was suing him out of "inferiority issues", and said trademark lawsuits were "a way for big business and rich people to put a muzzle on the little guy".

He said he worked his way up in the business over the years, and said his latest film "surpasses anything Hustler's ever done".

Larry Flynt said he fired his nephews for being unproductive and gave them a severance package of $US100,000 that they used to start a competing company.

He said he was unimpressed with that company's products and expected he would have to help out his nephews when it failed.
AFP, AP

gulzhan
01-08-2009, 01:30 PM
:haha:

Johnny Groove
01-08-2009, 01:34 PM
This is a total joke, but considering the amount of money the porno industry makes a year, he does have a point.

In theory at least :lol:

Black Adam
01-08-2009, 01:39 PM
It seems to be ridiculous attention seeking imo. I hope the congress actually laugh in their faces an dt ell to get lost.

buddyholly
01-08-2009, 02:43 PM
It is hard to argue with the logic.
Ask any American if he would like to give up his American car for a German one, but keep his American porno - OR - give up his American porno for German porno, but keep his Ford. He would gladly give up his Corvette to avoid having to watch German porno.

JolánGagó
01-08-2009, 02:56 PM
It is hard to argue with the logic.
Ask any American if he would like to give up his American car for a German one, but keep his American porno - OR - give up his American porno for German porno, but keep his Ford. He would gladly give up his Corvette to avoid having to watch German porno.

I don't quite get why one particular industry can get the money and others don't. I think no one should get anything. That's private enterprise, you risk and then you either win or lose. Why the hell should the taxpayer finance any private industry that's failing due to incompetence? Mistery, enigma, riddle...

alfonsojose
01-08-2009, 03:15 PM
He has a point.

manuel84
01-08-2009, 04:25 PM
Talk about getting sucked dry.