MSN Money - "Tough times for porn, booze" - GoFuckYourself.com

SilentKnight · 01-28-2009, 12:32 PM

Didn't see this posted earlier...

Tough times for porn, booze

Even sin isn't secure anymore. Gambling, sex, cigarettes and alcohol are among the supposedly recession-proof businesses hit hard by the economic downturn.

By Michael Brush
MSN Money

In this economy, even the wages of sin aren't what they used to be.

Market lore says people keep spending on sex, booze, butts and slots in hard times, no matter what. Sin is supposedly recession-proof.

But the widespread weakness among so-called sin stocks suggests the downturn has converted a lot of sinners into saints.

Playboy Enterprises (PLA, news, msgs) stock is down about 80% in the past year, twice the 40% decline of the S&P 500 Index ($INX). Casino operator Las Vegas Sands (LVS, news, msgs) is down more than 90%. And alcohol stocks such as Diageo (DEO, news, msgs) and Constellation Brands (STZ, news, msgs) have done little better than the market.

Full article

CybermedAndy · 01-28-2009, 12:33 PM

Interesting.. never woulda imagined people would be drinking less these days

96ukssob · 01-28-2009, 12:38 PM

i can see slots and casinos down. not because people dont have the money to blow there, but because of the price to get there.

my friends parents take a yearly trip to vegas in April and said they are not doing it this year because the added cost in flying, parking and food, as well as they don't want to take time off from work in fear that when it comes time to make cuts, they want as much kiss ass time as possible.

ironically enough, i saw that Netflix is UP 40% this year. i guess people want to save money from driving to blockbuster or going to the movies and just sit at home with bottom self booze and watch dvd's these days

Reak AGV · 01-28-2009, 12:46 PM

I can understand why too, people make less money and spend less money.

Phoenix · 01-28-2009, 12:48 PM

i dont buy it...no offense but those stocks they are looking at to gather evidence from...please

Doctor Dre · 01-28-2009, 12:48 PM

Quote:

Originally Posted by CybermedAndy

Interesting.. never woulda imagined people would be drinking less these days

Yea but the part about the porn industry is bullshit... the troubles aren't because of the recession, it's about this whole damn industry and it started years ago.

SilentKnight · 01-28-2009, 04:57 PM

Quote:

Originally Posted by Doctor Dre

Yea but the part about the porn industry is bullshit... the troubles aren't because of the recession, it's about this whole damn industry and it started years ago.

I tend to think its a combination of factors - the economy, free tubes, the way the industry conducts and presents itself.

Its a mistake to point to any one single cause.

2012 · 01-28-2009, 04:59 PM

good thing drugs are still a hit

pr0 · 01-28-2009, 11:55 PM

Quote:

Originally Posted by fartfly

good thing drugs are still a hit

exactly....

meanwhile heroin, xtc & cocaine sales are at an all-time high

01-28-2009, 12:32 PM	#1
SilentKnight Megan Fox's fluffer Industry Role: Join Date: Oct 2005 Location: shooting pool in Elysium Posts: 24,818	MSN Money - "Tough times for porn, booze" Didn't see this posted earlier... Tough times for porn, booze Even sin isn't secure anymore. Gambling, sex, cigarettes and alcohol are among the supposedly recession-proof businesses hit hard by the economic downturn. By Michael Brush MSN Money In this economy, even the wages of sin aren't what they used to be. Market lore says people keep spending on sex, booze, butts and slots in hard times, no matter what. Sin is supposedly recession-proof. But the widespread weakness among so-called sin stocks suggests the downturn has converted a lot of sinners into saints. Playboy Enterprises (PLA, news, msgs) stock is down about 80% in the past year, twice the 40% decline of the S&P 500 Index ($INX). Casino operator Las Vegas Sands (LVS, news, msgs) is down more than 90%. And alcohol stocks such as Diageo (DEO, news, msgs) and Constellation Brands (STZ, news, msgs) have done little better than the market. Full article

01-28-2009, 12:33 PM	#2
CybermedAndy Confirmed User Join Date: Jul 2004 Location: Vancouver Posts: 4,170	Interesting.. never woulda imagined people would be drinking less these days __________________ Add some upsell items to your pages here!

01-28-2009, 12:38 PM	#3
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	i can see slots and casinos down. not because people dont have the money to blow there, but because of the price to get there. my friends parents take a yearly trip to vegas in April and said they are not doing it this year because the added cost in flying, parking and food, as well as they don't want to take time off from work in fear that when it comes time to make cuts, they want as much kiss ass time as possible. ironically enough, i saw that Netflix is UP 40% this year. i guess people want to save money from driving to blockbuster or going to the movies and just sit at home with bottom self booze and watch dvd's these days __________________ Email: Clicky on Me

01-28-2009, 12:46 PM	#4
Reak AGV Confirmed User Join Date: Dec 2004 Location: Unknown Posts: 4,283	I can understand why too, people make less money and spend less money. __________________ Need Mainstream Content and SEO? SEO * Website Copy * Blogs Blogging - PR Work - Forum Marketing - Social Marketing - Link building - Articles 100% Guaranteed Content!

01-28-2009, 12:48 PM	#5
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	i dont buy it...no offense but those stocks they are looking at to gather evidence from...please __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

01-28-2009, 04:59 PM	#8
2012 So Fucking What Industry Role: Join Date: Jul 2006 Posts: 17,189	good thing drugs are still a hit __________________ best host: Webair \| best sponsor: Kink \| best coder: 688218966 \| Go Fuck Yourself