Thursday, June 19, 2008

Cathouse Crunch

In Nevada, the world's oldest profession has been very lucrative. In a typical year, legal brothels generate about $50 million in total revenue and have an economic impact of about $400 million on the state. But in the last 18 months the industry's cash flow has taken a dive. Why? Like other businesses around the country, bordellos throughout the state are feeling the pinch of rising gas prices and a weak economy.
The Nevada Brothel Owners' Association reports that revenue for the 25 businesses in his membership organization is down by as much as 45 percent.
Hof's Bunny Ranch has begun offering a recession special: The first 100 customers who show up with their tax rebate checks receive twice the "services" for the price of one. "We always give our customers the most bang for the buck," they exclaim. "You bring your $600 check in, and we give you the $1,200 George Bush party--three girls and a bottle of champagne." That's one way to stimulate the, um, economy.
the Newsweek article is HERE

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