Liz-Vision
  • January 19, 2009 05:19 PM EST by Liz Claman

    Flynt and the 'Flaccid' Economy: "Porn Needs TARP too!"

    Okay, so it's all tongue in cheek, but Adult Entertainment tycoon Larry Flynt is trying to make a point with his request for $5 billion dollars in TARP funds for his 'limp' industry.  Using the slowdown in porn DVD sales and rentals as a springboard, Flynt and his co-hort, "Girls Gone Wild" founder Joe Francis, have written a letter to Rep. Barney Frank and Treasury Secretary Hank Paulson asking for the government money.

    Flynt, who says his $400 million dollar Hustler businesses have suffered a slowdown, thinks companies tapping the TARP don't deserve it and that taxpayers will be on the hook for mistakes made by profligate bankers and auto industry executives.  If you're angry about your taxpayer dollars propping up banks that took horrible risks, you'll want to hear what this businessman has to say.  Below, check out the clip of my interview with Larry Flynt, champion of free speech and all-around 'less government' guy.  You may hate what he sells, but you might agree with his stance this time around.

    --Liz

     

about this blog

  • Liz Claman joined FOX Business Network (FBN) as an anchor in October 2007. Her debut included an exclusive interview with Berkshire Hathaway CEO and legendary investor Warren Buffett.

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