Hustler founder Larry Flynt and Girls Gone Wild Founder Joe Francis are planning to lobby congress for up to $5 billion dollars in bailout money for the adult industry:

Francis is in the process of drafting a petition requesting financial assistance from the newly assembled 111th Congress in response to a drastic 22-percent drop in DVD sales and rentals in favor of adult websites over the last year, as well as general financial downturn as a result of the economic recession. Upon completion of the petition, Francis is planning to present it to Congress in person, Owen Moogan, LFP press relations representative, told XBIZ.

I would have preferred my tax money go to the adult industry than to the UAW. I know some people scoff at the thought, but the adult industry is as important a business as any other especially in California. The adult industry contributes about 15% of the total tax revenue for California every year.

More porn movies are filmed in the San Fernando Valley than anywhere else on earth. The adult industry employs thousands of people who are feeling the economic downturn as much as anyone.

I’m not in favor of bailouts period, but the porn industry deserves the same consideration as any other business if money is being handed out.

(image via XBIZ)

A representative for “Girls Gone Wild” (GGW) founder Joe Francis has confirmed the two women who filed suit against him have dropped charges, after video surfaced showing the two women verbally stating they were of age to be filmed and also consenting to it.

The video of plaintiffs Brooke Patsolic and Christina Brose was posted last week at MeetJoeFrancis.com, an apparent attempt to inform the public of his extensive legal woes.

In a statement Francis said that he would forego suing the two women in exchange for a public apology, which he was sent soon after. In it, Patsolic and Brose acknowledge that GGW parent company Mantra Films and Francis suffered as a result of their actions.

“We have agreed to dismiss our lawsuit and acknowledge that no money has been paid to either of us,” the women wrote. “Further, we understand that by dismissing this action, Mantra Films Inc., ‘Girls Gone Wild’ and Joe Francis have agreed not to pursue legal action against us stemming from the filing of our lawsuit.”

In the suit, both women claimed that they were enticed aboard the GGW bus and coerced into exposing themselves and engaging in sexual acts after being promised the footage would not be used for commercial purposes. Free clothes and alcohol — though they claimed they were under 21 — also allegedly were provided.

However on the videotape, released several months later, features Brose telling Francis that he has permission to “put this on anything, I don’t care,” and later provided her full name and age on tape.

Patsolic also gave consent to use her footage and even pointed out that there were police officers present at the time.

“Tomorrow, we’re going to be like, “What the [expletive] were we doing?’” Patsolic said on the tape.