I like it when they talk about the Federal Reserve unfairly profiting off the taxpayer. The foreign banks who own the Fed get to keep all that money, dontcha know?
The problem is, it is partly true. I regularly get the annual reports published by the Dallas FRB. Sometimes they make for very interesting reading, as they generally have a topic that they attempt to cover in depth, almost like an article you might see in The Economist. The financial disclosure information for the FRB is intereting as well. All of the FRBs post their annual reports on their websites. I generally request a hardcopy of the ones that look interesting.
The Fed has done good things and bad things over the years. America was "sold" on the Federal Reserve system back in 1917 as a fix for monetary instability. i.e., an end to boom/bust business cycle. Of course, less than 15 years later, we had the worst deflationary depression in the history of the Republic. Cause? Effect? Coincidence? I don't know, but find it all interesting anyway.