"Two factory bosses were arrested in Bangladesh on Saturday, 72 hours after the deadly collapse of a building where low-cost garments were made for Western brands, as the death toll rose to 325 and angry workers protested on the streets of the capital."

"The owner of the eight-storey building that fell like a pack of cards around more than 3,000 workers was still on the run."

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Bangladeshi police fired tear gas and rubber bullets into a crowd of protesters demanding better working conditions after a garment factory collapsed, killing hundreds, earlier this week. M Asaduzzam, a police officer in the control room, called the protests "volatile." Asaduzzam said police used “rubber bullets and tear gas” to disperse the crowd. Meanwhile, the death toll in Wednesday’s deadly building collapse has risen to 300, with authorities expecting to find even more bodies as they search the building. A total of 50 people were found alive Friday, raising the hopes of thousands of relatives. The collapse came just months after a fire in November at a factory that makes clothes for Walmart and other Western labels.

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Officials estimate that close to 100 people were killed near Bangladesh’s capital of Dhaka Wednesday morning when an eight-story garment factory collapsed. Hundreds gathered at the site of the accident, where officials fear more remain trapped under the rubble. Health Minister A.F.M. Ruhal Haque reported that more than 600 people had been rescued, and hoped that more will be added to that number. Bangladesh has received harsh criticism for its factory conditions after two other deadly fires at garment factories in the past year -- one of which left 112 dead.

Reuters:

Five garment factories - employing mostly women - were housed in the building, including Ether Tex Ltd., whose chairman said he was unaware of any warnings not to open the workshops.

"There was some crack at the second floor, but my factory was on the fifth floor," Muhammad Anisur Rahman told Reuters. "The owner of the building told our floor manager that it is not a problem and so you can open the factory."

He initially said that his firm had been sub-contracted to supply Wal-Mart Stores Inc, the world's largest retailer, and Europe's C&A. In a subsequent interview he said he had been referring to an order in the past, not current work.

Wal-Mart did not immediately respond to requests for comment. C&A said that, based on its best information, it had no contractual relationship with any of the production units in the building that collapsed.

Buildings are reportedly sometimes erected without permission and many do not comply with construction regulations.

Into the Fire writes, "Into The Fire is a film with a difference. Besides being a hard hitting documentary which shows the plight of refugees and migrants amidst a collapsing Greek economy, it's also an experiment in new film production and distribution techniques. A year ago, we made a first, crowd-funded trip to Athens. We filmed shocking levels of racism, police brutality, and right-wing extremism - as well as the courageous and inspiring people who are organising against it.

"Into the Fire will be released on 21st April on the internet. We crowd-funded the film and crowd-sourced the subtitles: it's been translated into eight languages using the open subtitler Amara. We are also using crowd-sourcing as the release and distribution strategy for the documentary: anyone who signs up to participate will receive embedding details ahead of time, and the film will be released on various websites simultaneously. The audience becomes the distribution network."

The US’ housing bubble burst nearly six years ago, but the worst may be yet to come. After a landmark settlement, the major banks have lifted a freeze on foreclosures and government relief has been too small to make a difference.

Public housing budgets have been slashed, leaving larger numbers of people with no place to call home. The line between home ownership and homelessness is growing ever more blurry.

Meanwhile, popular anger is rising over the perceived impunity of the banks and some have found innovative ways of fighting back in an age of austerity.

Fault Lines travels to Chicago and California to see how people at the frontlines of the crisis are confronting the collapse of the American dream.

[Probably not suitable for work, adult language]

This is your Moment of Clarity #174: Entire lives revolve around it. People kill and maim over it. Families collapse or thrive because of it. Is it really just pieces of paper??

[more at LeeCamp.net]

The story of the deterioration of Motor City and the most innovative people who refuse to let it burn to the ground.

Detroit's story has encapsulated the iconic narrative of America over the last century— the Great Migration of African Americans escaping Jim Crow; the rise of manufacturing and the middle class; the love affair with automobiles; the flowering of the American dream; and now . . . the collapse of the economy and the fading American mythos. With its vivid, painterly palette and haunting score, Detropia sculpts a dreamlike collage of a grand city teetering on the brink of dissolution. These soulful pragmatists and stalwart philosophers strive to make ends meet and make sense of it all, refusing to abandon hope or resistance. Their grit and pluck embody the spirit of the Motor City as it struggles to survive postindustrial America and begins to envision a radically different future.

You can watch entire film online here.

In the wake of Occupy Broadway's success and the failure of "The Big Bank" musical initiative comes the screaming-to-go-viral "Occupy West Side Story." Though perhaps less ambitious than its predecessors, this hilarious clip takes aim at NYPD Deputy Inspector Edward J. WInski (who replaced the infamous Tony Baloney) by overdubbing a classic scene from the 1961 film with new lyrics. The result is an entertaining and powerful expression of why occupiers are in the streets, how the economy collapsed, and the sad ironies surrounding the police brutality that the movement has suffered (and, it could be said, benefitted from as well). As one stanza states, "Gee, Officer Winski, please put down your mace/Your checks are paid by citizens you punch in the face/Your pension’s been stolen, and nobody cares/Deep down inside we know you’re scared."

Via OccupyWallSt.org:

Legendary punk rocker Jello Biafra has written a new anthem for the Occupy movement. We at OccupyWallSt.org wholly encourage supporting Jello's radical genius by paying what you can!

SHOCK-YOU-PY! is my own tribute about the Occupy movement. It's called SHOCK-YOU-PY! because I come from the side of resistance that has a soft-spot in my heart for pranks and creative sabotage of the non-violent variety. Not everyone involved will totally agree with that, but I like when protests incorporate theater. I realize not all resistance is going to be fun and games, but it should be (whenever possible) uplifting and a celebration of the fact that we are raising awareness and fighting against runaway dictatorship, looting by large corporations, and people who have so much money they can't figure out what to do with it all (which is Occupy's main goal.)

SHOCK-YOU-PY! is meant to be a sing-a-long song that can be played acoustically at protests, at least most of it can. I was torn between making it completely a sing-a-long song or the usual skull-crushing Guantanamo School Of Medicine type-song, so we mixed it and re-mixed it a lot. The forthcoming EP has the sing-a-long version on it. There is also the rock-a-long version where the electrified guitars are considerably louder which is exclusively available on bandcamp. I had trouble making up my mind between the two. I liked the warmth and the spirit of the sing-a-long version but the rock-a-long version - with the guitars really loud - sounded best in my car.

Since it takes a few weeks to get CDs and vinyl made especially before the Fall rush, we are throwing SHOCK-YOU-PY! up now before it's mastered. And for this download you have freedom of choice - weigh-in, pick your favorite, tell your friends. There will be a 3rd mix of SHOCK-YOU-PY! that is the best of both worlds which will be on the full-length album.

SHOCK-YOU-PY! is part of a larger project from the Guantanamo School Of Medicine's new album called White People and the Damage Done which is not going to be out in time before the election. It will probably be out in either November or in January, I'm not sure which yet. We thought we would throw SHOCK-YOU-PY! up immediately for people who are willing to help us out (please! please! please!) You can pay for the song otherwise it's going to be spread around anyway and it is meant to be spread around. Anyone who wants to put it on an Occupy comp can. I am way in debt trying to record this album and our label is struggling to survive so we are hoping that people will be willing to throw down to check out the song.

And what does this say about Occupy as a whole? It says that it is a ground-up movement that doesn't have central-planning and some people would think not enough planning. Who knows where Occupy will be in a year, it may even have a completely different name but what it means to me is the resurrection, rebooting, reigniting and strengthening of the spirit of Seattle which was the first outbreak of mass-protest against corporate rule and recognizing it as such in the mainstream media. That is going to go on because more and more people are losing their jobs while climate collapse gets even worse (witness all the droughts and fires, especially in my home state of Colorado.) I don't think the Occupy movement in spirit is going to go away, quite the opposite.

See below for lyrics:

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Janet and Jim Baker are fighting Goldman Sachs over its work in 2000 - or lack thereof - on the all-stock sale of their business, Dragon Systems, to a company that later collapsed, leaving them shut out.

NYT:

THE business deal from hell began to crumble even before the Champagne corks were popped.

The deal, the $580 million sale of a highflying technology company, Dragon Systems, had just been approved by its board and congratulations were being exchanged. But even then, at that moment of celebration, there was a sense that something was amiss.

The chief executive of Dragon had received a congratulatory bottle from the investment bankers representing the acquiring company, a Belgian competitor called Lernout & Hauspie. But he hadn’t heard from Dragon’s own bankers at Goldman Sachs.

“I still have not received anything from Goldman,” the executive wrote in an e-mail to the other bank. “Do they know something I should know?”

The Bakers paid Goldman Sacs $5 million to guide them through what should have been a fairly simple transaction, only to have their contract with them end up being worth even less than the now worthless $580 million in stock they received for a business that was their life's work. Now after more than a decade of fighting in court, Goldman is so far getting away with saying that they gave the Bakers “great advice” and "guided them to a completed transaction.”

Perhaps now that this story has been made public, even some of the wealthy people in America can understand what millions of "everyday" Americans have been going through while having their lives destroyed through mortgage fraud. Not that any Republican pols will give a rip, mind you...