[ravingnutter]

It is part of the government.

Hmmm....from the ninth circuit court in 1982:

"Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Reserve Banks are not federal instrumentalities for purposes of the FTCA, but are independent, privately-owned and locally controlled corporations." [Lewis vs. U.S., 680 F. 2d 1239, 1241]

[Toddsterpatriot]

Hmmm....so what?

[leenie312]

Thank you for clearing that up....