Finally, the federal government has accepted an offer from Girls Gone Wild founder Joe Francis. Earlier this year, the feds turned down his request for bailout money, but the filmmaker entrepreneur executive soft-core porn guru had better luck with the judiciary branch. His deal to get out of jail came through.

U.S. District Judge S. James Otero accepted a plea agreement that Francis reached with prosecutors. It will put him on probation for the next year for filing false income tax returns. He was also sentenced to time served -- 301 days, but that's all in the past. He also has to pay restitution of $250,000.

The dysfunctional state of the mainstream magazine industry is apparently not enough to dissuade the purveyors of the Girls Gone Wild video franchise from flashing the newsstand. According to Nate Ives of Advertising Age, Girls Gone Wild magazine will soon hit the streets with $9.99 worth of exuberant exhibitionism. Should Playboy (NYSE: PLA) worry?

I'm not particularly savvy on the magazine business, but I think I have the profit model here figured out. Girls Gone Wild haunts the spring break spots, enticing drunken college girls to bare their breasts and more for the camera, and hawks the videos on late night television.

Now, thousands of parents each year are suckered into buying those high school Who's Who books for the pleasure of proving to their relatives that their sons are not losers after all. Is it so hard to believe that the same parent wouldn't pony up a sawbuck for a picture of their daughter at her youthful peak of ripeness? I can imagine the magazine being proudly passed around at the family reunion, after the macaroni salad, before the softball game. "Gosh, is that really Nellie Sue?" says Aunt Jean. "That must have hurt," opines cousin Delores. "Let me borrow that for a minute," says young cousin Carl. "I'll bring it right back."

Yeah, parental pride is sure to lead to the success of the Girls Gone Wild magazine. For many parents, it will be a choice between that or her mug shot for the family Christmas card.

Think the Hooters uniforms are just too puritanical? Not impressed by the new idea of sexpresso? Never fear ... count on Joe Francis, erstwhile paramour of Paris Hilton and puppet master behind the controversial Girls Gone Wild video series to further close the gap between two of George Costanza's passions ... sex and food.

Francis is planning to open a chain of diners in the resort communities of Cancun and Cabo San Lucas, Mexico, by the end of this year. The entrepreneur promises a "fun and sexy" dining experience that will also provide elements of class and comfort. He told the Los Angeles Business Journal that his eateries won't feel like strip clubs: "You'll be comfortable going in there, but you're going to get a Girls Gone Wild experience."

According to our sister blog Styledash, in one of the most self-ironic announcements of the year the trashmeisters of the Girls Gone Wild video empire have announced they will launch a new clothing collection. Planned attire includes swimsuits, sweats, sandals and (wait for it!) tops.

This caused me to wonder if we at Bloggingstocks might not be missing some product marketing opportunities. For example:

• Blog-S Stock Decision Facilitation Device (SDFD). Just like the one I use-- a two-sided coin with Alan Greenspan on one side and Scrooge McDuck on the other.
  
• Blog-S Rose-colored Glasses. For the bulls in the audience.
• Blog-S "The End is Near" t-shirts. Available in bear-able sizes.
• Blog-S Sea Salt. So you'll always have a grain handy to accompany market advice.
• Blog-S Eye Drops. Because we know you sit at your PC 24/7 waiting for our next post.
• The Blog-S Center for treatment of Obsessive-Compulsive Behavior. Not that any of us obsess over our investments...
• Blog-S Investor's Diapers. Astronaut-tested, for those times when the key piece of financial info is due any second, and leaving your workstation could cost you big bucks.
• Blog-S Carpal Tunnel Pads. Since the staff needs them anyway, any production overrun we sell to you will just be gravy.
• Blog-S Champagne. We love the bubble! For those big upturns.
• Blog-S Handkerchiefs. For those 'minor market corrections'.
• The Blog-S Guide to America's Highest Bridges and Tallest Buildings. For those REALLY big downturns.

Any suggestions for our imaginary product line?