Here in the US - according to Alan Greenspan - the Federal Reserve (in the US) is an independent agency and no other agency of government can rule over the actions it takes...

About 7:40 into the video:

Last year the Federal Reserve made 52.1 Billion dollars, more than any "evil" corporation in the world. In comparison, the behemoth Microsoft made 14.6 Billion and the GIANT Exxon made 19.3 Billion and the Financial Giant Citigroup made 14.7 Billion. In a place where corporations are now branded as evil and government demands action to curb profits, how in the hell do you justify a Federal Reserve profit that eclipses ANY Corporation? That is simply disgusting.

Combine that with the fact that Government Salaries with benefits are 50% higher than their private sector counterparts, you know the ones that pay the taxes, and that the only job gains are government jobs which produce nothing in the economy but a tax burden, it seems we are on horrific path.

How is it Red that the Federal Reserve answers to no one??? Not even the President of the US?

What happens to that profit? Where does it go? Who benefits from it?

The owners of the Federal Reserve and the bureaucrats running it. Guess who pays the bills? We do! Isn't that wonderful.