The latest industry to seek financial help from the government, according to FoxBusiness.com, is the adult entertainment industry. Joe Francis of "Girls Gone Wild" fame and "Hustler" magazine publisher Larry Flynt have written to Treasury Secretary Henry Paulson and Congress asking for $5 billion to "invest in building new means of distribution." DVD sales and rentals have fallen 22% in the past year as more people are using the internet for their adult entertainment needs.
As I have mentioned, I have not been in favor of any of the previous bailouts. Likewise, I can't see myself supporting a bailout of this industry either. However, if there is an industry out there that could successfully retool itself with an infusion of capital, I believe the adult entertainment industry could. For too long, they have always been ahead of the curve when it came to adapting new technology to promote their wares. If nothing else, at least according to the articles, these gentleman are willing to drive a hybrid across country to meet with Congress to pitch their case.