Euro Bailout: Will Americans be on the Hook to Cover Trillions in European Bank Debt?

President Barack Obama and Federal Reserve Chair Janet Yellen discussed risks to the economy and progress from Wall Street reform during a rare meeting in the Oval Office on Monday, the White House said. -Reuters

The meetings going on in Washington DC have been the subject of much speculation in the alternative media, especially the one between Janet Yellen, President Obama and Vice President Biden.

Ostensibly, the meetings were to discuss the challenges facing the Fed and to allow Obama to express his appreciation for the job Yellen is doing.

After the meeting, a formal statement was issued, as follows:

“The President and Chair Yellen met this afternoon in the Oval Office as part of an ongoing dialogue on the state of the economy. They discussed both the near and long-term growth outlook, the state of the labor market, inequality, and potential risks to the economy, both…

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