[Vision2020] Credit Downgrade

Art Deco deco at moscow.com
Mon Aug 8 17:27:29 PDT 2011


Egberto Willies, a frequent iReport political commentator, says he believes that the S&P downgrade of the U.S. is "a fraud on the American middle class."

"The reality is, Standard & Poor's and all these organizations are the same companies who rated credit default swaps that brought down the economy and forced us to get into further debt to bail out the financial sector," he argues in his video. "They're the ones who allowed that to occur."



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Wayne A. Fox
wayne.a.fox at gmail.com
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