The Fed is a private bank whose entire ownership remains somewhat uncertain to me. I believe Chase is one of them. A lot of big names.
In any case, the Fed controls the money and therefore, controls everything. The Presidency takes a second seat to them and in that respect, it doesn't matter who is President.
The Federal Reserve Act was slipped through congress while most of the representatives were on Christmas holiday in 1913. The American people were screwed and Woodrow Wilson, after signing the act also realized at some point he just sold America up the river.
The Federal Reserve needs to be abolished and I consider it one of the most important agenda items on any Presidential candidates list. Ron Paul is the smartest candidate out there when it comes to fiscal policy and Constitutional law. He is the one candidate that can help us get our country back.
If not, a revolution would not be out of the question should the economy collapse as a result of severe irresponsibility of the leaders.
Think of it. No jobs, no money, crime becomes rampant and the people revolt. It's happened before.