Re: The IRS farms middle-class workers to pay the Fed back.
What does the Fed do with their earnings?
Among other things members are guaranteed 6% return on their stock. Since member banks are only required to pay half the price of their stock that is an effective 12% return guaranteed by law. Nice gig if you can get it.
"Member banks must subscribe to stock in their regional Federal Reserve Bank in an amount equal to 6 percent of their capital and surplus, half of which must be paid in while the other half is subject to call by the Board of Governors"
http://www.federalreserve.gov/pf/pdf/pf_complete.pdf