Though publicly cool, the Obama administration (and campaign team) lives in morbid fear of the...

|By:, SA News Editor

Though publicly cool, the Obama administration (and campaign team) lives in morbid fear of the eurozone situation. "The thing that matters the most in determining the health of the U.S. economy ... is what happens in Europe," says a senior official. Given this level of attention, yesterday's bailout by the Fed may not be the last U.S. action.