This is the part I have a problem with. If it's worthwhile, why can't a business do this. I do not want the fed gov't having control over my money any more than they do now.
Worse than this. I think the "Fed" referred to is the Federal Reserve, which is NOT the Federal Government.
By contrast, at least the Federal Government is accountable to us. The Federal Reserve is accountable to no one-- except, arguably, the World Bank. How nifty is that?
Because business don't have employers, they are employers.