How many non-federal agencies do you know of that have their chairman appointed by the President, were created by the federal government, and are given a monopoly over the creation of money?
One.
After I posted that I had a feeling that would be the response.
At any rate, all that pretty much proves that the Federal Reserve is a federal agency. Though it really doesn't matter, it needs to be done away with regardless.
How come US is criticizing Chavez for doing the same thing we are doing?