Please sign this demand for solutions to our economy
The Wall Street ratings firm Standard and Poor's threatened to downgrade the U.S. government's credit rating due to its deficit and debt in April. At a time when extreme budget cuts to Medicare and other vital programs are on the table in Congress, S&P is trying to escalate a deficit-reduction panic along Pennsylvania Avenue.
S&P is the same outfit that rated hundreds of billions of dollars in subprime-backed securities as investment grade. And "gave Lehman, Bear Stearns and Enron top ratings right up until their collapse," the Center for Economic and Policy Research explains.
Tell Congress not to be blackmailed by Wall Street.