- it controls inflation rates. WTF is that? Their system is designed to cheapen your dollar every day.

-it has no oversight that I know of at least

- one of it's key functions is to bail out banks that have dodgy practices. Let them all drown.

- nobody running the Fed is elected (not that it matters really anyway)

- if it does remain the name should be changed to something like, "Bankers helping other bankers get rich while screwing the average Joe department."