When Bailouts Go Too Far

After reading an article on The Absolute Commentary, I think people are losing sight for which industries really need to be bailed out in order for our economy to function properly.

The original article mentioned how Larry Flynt (Publisher of Hustler) and Joe Francis (CEO of Girls Gone Wild) are going to ask Congress for a 5 billion dollar bailout.

As a rational person, I find it ridiculous how insulting this ploy would be on taxpayers. Francis tries to justify his actions,

“the US government should actively support the adult industry’s survival and growth, just as it feels the need to support any other industry cherished by the American people.”

“With all this economic misery and people losing all that money, sex is the farthest thing from their mind. 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.”

I would much rather bailout an obscure company in Azerbaijan that makes useful products than to bailout the American porn industry.

This news, while one the surface comical, reveals a deepening economic crisis. An industry that most would think quite profitable is asking for a bailout, and that should cause some concern. Regarding whether I think this bailout appropriate, all I can say is that if Congress even considers allocating taxpayer money towards this I will start looking at properties in Canada.