A couple different people pointed me in the direction of this little tidbit today. Apparently the porn industry has joined the long list of companies stretching out their hands for bailout money. Once thought to be recession proof, the pornography kings have decided why take chances, and decided to add their names to the list of companies seeking that sweet, juicy, government bailout money. Whether they are seriously seeking funding, or just being tongue-in-cheek is another matter all together. Don’t worry, your smut isn’t going away. It’s true that even their massive revenue stream has slowed down somewhat during this economic downturn, but they certainly aren’t about to announce massive layoffs.
You have to love this kind of move. It points out the awesomely stupid nature of the entire economic system in one swoop. Our system is now so mired in credit, the action of companies from hundreds of different industries, and what our president had for lunch. Seriously. Our economy is not based on actual products, or anything of intrinsic value anymore. It’s all a bunch of rich idiots trying to prop up other rich idiots who lost all their money but not having a lick of business sense. The worst part is our government continues to bail these freeloading people out. Once upon a time the people of true capitalism knew that the ventures they started were risks, and accepted the fact they could fall flat on their face. They had business plans. They worked long hard hours to create their empires. Now they’ve handed those empires over to a bunch of spoiled cry-babies who have never actually had to earn their place in life. And when things fail they blame everyone but themselves, flailing about and begging to be saved. The only thing more despicable than that is the fact that our government enables that by continually propping them back up. Maybe the thing we need is a major economic failure, one so deep we’re forced to reset the entire system. I’m not sure there’s any foundation upon which to rebuild. Pessimistic? Sure. But I’m still waiting to be proven wrong.
In the end I say give the money to the porn industry. They’ll make a lot better use out of 5 billion dollars than GM will.
Just a Man with a Mash Paddle 