08 Jan 2009

Porn industry requests bailout

No Comments finance and economics

sss CNN.com reported a story where Larry Flynt and some other porn executives are asking Congress for a bailout.  I suppose the folks making free porn are losing their shirts, literally?  If the adult industry, one of the largest and most lucrative segments of internet traffic, is asking for a handout, then things must really be bad.  Who will be next in line for free federal money?  We already know tobacco gets massive subsidies– $530 million from 1995 to 2006, for example.

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