Pondering the Porn Industry Bailout

Nick Gillespie | January 12, 2009

Columnist Ron Hart looks at recent tongue-in-cheek requests by adult-entertainment magnates Larry Flynt and Joe Francis to get in on bailout bonanza and sums up the nefarious logic at work in Washington's actions:

This latest request punctuates the absurdity of what we have become. We are moon-walking up the slippery slope of financial disaster set by Congress with its own special blend of social engineering, government intervention, spending for the moment and utter incompetence. It has privatized profits and socialized losses with its meddling in corporate America, all the while putting itself at the center of it all.

More here.