CNN carried a story today about another request for bailouts. A spokesman for Hustler publisher Larry Flynt said “The porn industry has been hurt by the downturn like everyone else and they are going to ask for the $5 billion. Is it the most serious thing in the world? Is it going to make the lives of Americans better if it happens? It is not for them to determine.”
I wonder if he came to DC in a corporate jet.
The ultimate folly of all this talk is that if we do too many bailouts - and we are coming close - we ourselves will need to be bailed out. Flynt is an acknowledged pornographer - but some of his counterparts who have requested bailouts come close to his standards of public decency.
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