Sure it is.
nor does the federal government own any part of the fed.They are a purely private bank owned by class A stockholders.
The "shareholders" received dividends of $1.6 billion in 2012, the US Treasury received $89 billion.
Nonsense,the treasury always received the overspill of profits from the fed in their deal but the fed is a private banking cartel and has been from day one.LOL!They partners in crime!