The world’s richest nations called Saturday for urgent reform of global finance to save the world from the economic devastation that is dragging more and more countries into recession.
Italy’s Finance Minister called for a “new world economic order” as he wrapped up the crisis meeting of finance leaders from the Group of Seven leading economies over which he presided here.
In a joint declaration, the G7 called for “urgent reforms” of the international financial system.
Tremonti said a so-called set of “legal standards” discussed in Rome would be presented at a meeting of 20 key advanced and emerging economies (G20) in London in April and a summit of the Group of Eight (G8) world powers in July.
(Article continues below)
“A new world economic order might seem rhetorical,” he told reporters. “But it is a true goal we should be aiming towards… today right here in Rome we’ve embarked on a very significant journey, both technical and ethical.”


















February 15th, 2009 at 6:34 am
Join the Mass Photography Protest outside New Scotland Yard London @ 11am 16th February 2009
Fighting against new UK Terror laws banning photography of the police coming in effect that day
http://www.nuj.org.uk/innerPagenuj.html?docid=1104
February 15th, 2009 at 11:30 am
Good luck with that, but if you get squished by tanks, doubt if anyone will be seeing any photos of it.
pitofdoom Reply:
February 15th, 2009 at 1:17 pm
Might make for an entertaining 15 second news dot !
The next phase is to lean into further financial disaster, then the another magic trick, making all you eaters disappear in a nuke cloud while camera’s roll in millions of Euro’s & yen !
wildcat Reply:
February 15th, 2009 at 6:03 pm
I am sure there are plenty of people with mobile phones would will put the videos up on The Youth News Channel or Liveleak …
February 15th, 2009 at 12:22 pm
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2 Pa. judges sued in kickback scheme
By MICHAEL RUBINKAM
Associated Press Writer
David Kidwell
Michael Conahan, center, leaves the federal courthouse in Scranton, Pa., on Thursday, Feb. 12, 2009. Prosecutors say Luzerne County Judges Mark Ciavarella and Michael Conahan took $2.6 million in payoffs to put juvenile offenders in lockups run by PA Child Care LLC and a sister company, Western PA Child Care LLC.
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NIU shooting victims mourn the dead 1 year laterIllinois GOP to discuss possible probe into BurrisAriz. district cuts school week to save cashNTSB: Plane didn’t dive, but landed flat on houseGM, Chrysler labor talks slow as deadline nearsMullen: US has to gain Afghan citizens’ trustOctuplets mother now has agent but no publicistFDA approves Takeda Pharmaceuticals’ gout treatmentIke-damaged Galveston goes on with Mardi Gras festSavoring win, Obama celebrates `major milestone’NTSB: Plane crew saw significant ice before crashRegulators close banks in Neb., Fla., Ill., Ore.Clinton heads to Asia with global agendaReport: Over 100,000 deportees had children in US36 indicted on charges related to Calif. gangNASA delays space shuttle launch againMan charged in Smart abduction back in UtahAir Force: B-52 crash caused by equipment positionCampfire group won’t face charges for Calif. blazeGregg withdraws nomination to become commerce secretaryA lawsuit has been filed against two Pennsylvania judges accused of taking more than $2 million in kickbacks to send youth offenders to privately run detention centers.
The suit names Luzerne County Judges Mark Ciavarella and Michael Conahan and 14 other defendants. It was filed in federal court late Thursday on behalf of hundreds of children and their families who were alleged victims of the corruption.
“At the hands of two grossly corrupt judges and several conspirators, hundreds of Pennsylvania children, their families and loved ones, were victimized and their civil rights violated,” plaintiffs’ attorney Michael Cefalo said in a statement Friday.
Prosecutors allege Ciavarella and Conahan took $2.6 million in payoffs to put juvenile offenders in lockups run by PA Child Care LLC and a sister company, possibly tainting the convictions of thousands of juvenile offenders.
The judges pleaded guilty to fraud in federal court in Scranton on Thursday. Their plea agreements call for sentences of more than seven years in prison.
“It’s our intent to make sure that the system rights this terrible injustice and holds those responsible accountable,” Cefalo said.
The suit asks for at least $150,000 for each of three counts, the minimum required to avoid mandatory arbitration, but the plaintiffs are likely to argue for a much higher amount.
An attorney for Conahan said he hadn’t seen the suit and declined comment. Ciavarella’s lawyer didn’t immediately return a phone message.
The lead plaintiff is Florence Wallace, whose 14-year-old daughter Bernadine was charged with terroristic threats after getting into an argument on MySpace. The lawsuit said the teenager was not advised of her right to an attorney and was pressured to plead guilty. She was taken from Ciavarella’s courtroom in shackles and spent time in PA Child Care and at a youth wilderness camp.
As a result of the judges’ corruption, parents were forced to pay for the “wrongful incarceration” of their children, the suit said. Some parents had their wages garnished, public assistance benefits taken and social security benefits seized.
In addition to the judges, the plaintiffs are suing two individuals who allegedly paid the kickbacks: attorney Robert Powell, who co-owned PA Child Care LLC and Western PA Child Care LLC until last June; and Robert Mericle, who owns one of the largest commercial construction firms in northeastern Pennsylvania and built the detention centers.
Through an attorney, Powell has said he was the victim of extortion. A spokesman for Mericle has denied making payments “to influence a decision to secure a contract to build any PA Child Care facility.”
Mericle’s company was also named as a defendant.
Through a spokesman, PA Child Care and Western PA Child Care, which are also named as defendants, declined comment.
The lawsuit is the first of what is expected to be several lawsuits seeking class-action status in the case.
Posted on Thu, Feb. 12, 2009 10:30 PM
wildcat Reply:
February 15th, 2009 at 6:05 pm
This seems a really interesting story – 1000 teenagers who have had their future lives affected by the actions of two judges. This really should be given a news topic of itself rather than posted here. Funny how the owner of the detention center is now saying the judges demanded payment for their services, now that he is facing a class action lawsuit from a thousand families.
February 15th, 2009 at 1:02 pm
Rome? sound familiar? Jesus? keywords they are…
February 15th, 2009 at 1:20 pm
Cut all bureaucracies in half, listen to them scream,
then half them again, that might free up some liberty !
February 15th, 2009 at 1:33 pm
My f---ing god. Jesus titty f---ing Christ! Does anyone see what they are trying to accomplish here! Obviously not! They are trying to make the baby boomers generations kids SLAVES!!!!! They want the fat cat lazy post ww2 generation to sit back and sit on their money so they don’t care or think to care about the younger generations who are going to have to pick up this slack! THIS IS SLAVERY!
pitofdoom Reply:
February 15th, 2009 at 3:49 pm
Talk about materialistic darwinian atheists, most baby boomers
could give two s---s about future generations.
February 15th, 2009 at 2:19 pm
http://www.ExposingChristianity.com
The pen is mightier than the sword.
February 15th, 2009 at 3:42 pm
If you study the United Nations Millennium Development Goals, you might be able to equate this activity with goal number 8: Develop a Global Partnership for Development
February 15th, 2009 at 4:01 pm
A new world economic order is coming, alright.
But it is not one of their foul design.
When we stop using their filthy money, the central bankers will lose their revenue from inflation and usury. Their banking systems will fall. Then, when the central bankers go out of business, their corrupt lap-dog politicians will lose the funding for their political sideshows.
Then we will see a new market of independent currencies arise.
We will see the existing power structure be replaced with a much more fragmented and localized social organization over the coming generation.
The transition will be tumultuous and often violent. But well worth it.
Click the link below to explore a new inflation-proof currency, new economic format and new social structure that leaves the criminal bankers and corrupt politicians out of the picture altogether.
Don’t fight the system:
Replace it
http://socialviability.com/
February 15th, 2009 at 4:47 pm
I am a Billionaire and I know nothing know nothing and double nothing or are we upto
something like lets watch you guys fight for pennies nice, real nice
February 15th, 2009 at 4:49 pm
The nature of a greedy pig is to have all the money. Debt slavery schakles on the Slave ship
called DEBT
Creditor Class (yea class) gets freedom.
February 15th, 2009 at 5:26 pm
Is this the italian foriegn minsiter speaking, or the ‘club of Rome’ member speaking? They all supported the americans torture campiagn, they should all have their heads stomped inside out.
February 15th, 2009 at 7:41 pm
Zombies are for real http://www.youtube.com/watch?v=ACw4YoSoxDo
February 15th, 2009 at 8:36 pm
I know nothing,nothing, nothing I just sit on theTop don’t even know how to add.
I knwo nothing at all really I don’t know anything about money nothing I don’t now
I have so much of it really. I don’t know ask the guy to the right me neither we are all
totally in the ‘dark’. Really How did everything get so screwed up I don’t know but
we know how to fix Surree is David Icke like going I told you soooooooooo.
February 16th, 2009 at 12:22 am
Gotta love the class wars. With religion, politics, and government all in the mix.