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	<title>Emergent Culture &#187; Financial Crisis</title>
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	<description>Making Sense of the Human - Planetary Condition: Demystifying the Past, Unraveling the Present &#38; Anticipating the Future</description>
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		<title>THE SOCIO-CULTURAL Definition of Prevailing Culture</title>
		<link>http://emergent-culture.com/current-world-crisis-headlines-economics-war-corrupt-government-corporations/</link>
		<comments>http://emergent-culture.com/current-world-crisis-headlines-economics-war-corrupt-government-corporations/#comments</comments>
		<pubDate>Wed, 18 Feb 2009 23:31:34 +0000</pubDate>
		<dc:creator>Rohaan  Solare</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Current World Crisis]]></category>
		<category><![CDATA[Economic Crisis]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Government Corruption]]></category>
		<category><![CDATA[Military Industrial Complex]]></category>

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		<description><![CDATA[Introducing Prevailing Culture: Promoters of Death, Destruction and Oppression Any modern Western-modeled cultural group can be subdivided into 3 primary classes according to the type of power each class wields. There is the Governor class of political lawmaking (design-engineering specifications) and law enforcing power (police-military force). Closely aligned with the governor class is the corporate [...]]]></description>
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		<title>Lobbying Pays. Banks made a 258,449% Return on their Investment</title>
		<link>http://emergent-culture.com/lobbying-pays-how-would-you-like-to-make-a-258449-return-on-your-investment/</link>
		<comments>http://emergent-culture.com/lobbying-pays-how-would-you-like-to-make-a-258449-return-on-your-investment/#comments</comments>
		<pubDate>Sat, 07 Feb 2009 18:41:49 +0000</pubDate>
		<dc:creator>Rohaan  Solare</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Know Your Culture]]></category>
		<category><![CDATA[Current World Crisis]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Prevailing Culture]]></category>

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		<description><![CDATA[Beneficiaries of the $700 billion bailout package in the finance and automotive industries have spent a total of $114.2 million on lobbying in the past year and contributions toward the 2008 election, the nonpartisan Center for Responsive Politics has found. ...  During the bill-writing process, members of Congress were able to specify to some extent where the money should go, and they have lobbied regulators to urge them to inject funds into specific banks and financial institutions, including those in lawmakers' own districts.&#160;&#160;  "Taxpayers hope their money is being allocated entirely on the merits, but with Congress controlling how much money the Treasury gets to hand out, it will be impossible to completely exclude politics from this process," Krumholz said.  

...This includes  General Motors , which spent $15 million between campaign contributions and lobbying expenditures and got $10.4 billion (more than all other companies),  Bank of America  (and the investment company it bought last year,  Merrill Lynch ), which spent $14.5 million to play politics and received  $45 billion  from the bailout bill; and  American International Group  (AIG), which spent $10.6 million and was paid out $40 billion. ...  The  finance, insurance and real estate sector , including all companies and trade groups (not just those that qualified for TARP funds), spent $453.5 million on lobbying in 2008, an 8.7 percent increase from the year before. ]]></description>
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