Are US Taxpayers Bailing Out Greece?

Greece has insufficient funds in their treasury to make even the minimum payments that are now coming due.  Their debt level is about 120 percent of their gross domestic product and their public sector absorbs what amounts to 40 percent of GDP.  Any talk of cutting costs and spending is met with violent protests from the many Greeks heavily dependent on government payments.  Mounting fears of default have sent shockwaves through their creditors and all of the eurozone countries.

But there have been statements made by the European Central Bank to calm fears and give assurances that Greece will get the aid it needs.  Details of agreements are not forthcoming.

Is it possible that our Federal Reserve has had some hand in bailing out Greece?

We don't know what the Fed is doing with our money. Bernanke insists on keeping the Fed "independent" which is FedSpeak for "You're not intelligent enough to understand how we operate so we'll just do it while you're not looking."  Ron Paul asks the questions our mainstream media will not ask.