Yah, it is just like Loose Change based on what you said. A conspiracy is a conspiracy whether Free-Masons are involved or not.
I think I'll take what the Fed says who owns them over what 2 random dudes (economists, film-makers or not) say any day of the week:FRB: FAQs: Federal Reserve System
The fed is not owned by shareholders, as a shareholder of Fed Reserve stock is not the same as being the shareholder of a Bank stock.
And how is a Federal Government agency owned by private banks? If the Fed was lying about who owns them, they would have been exposed long ago. With so many people involved in such a public agency, you'd think if what this film is saying was true, we would have heard about it by now (i.e., some patriotic American who ends up working for the Fed realizes it is betraying his own country and decides to fess-up). Especially from Glenn Beck, who hates progressives and has attacked Woodrow Wilson, who started the Fed Reserve. If he found real, solid, evidence of this conspiracy, believe me, we would have heard about it as the 'real' portion of Fox News would have reported on that as well followed by CNN, etc, etc.
Better yet, until the Drudge Report or Wikileaks posts evidence that the Fed Reserve is secretly run by banks, I won't believe it.
I agree with how our Central Bank is structured. If not given independence to run, Volcker (of the 'Volcker Rule') would not have been able to jack up interest rates to 20% in 1981. Do a quick google news archive search and you will find a sizable number of articles highly critical of Volcker's rate raise. If Volcker was the Secretary of the Treasury (a political appointment), he would have been removed and our economy would have been bogged down by high inflation for longer. In retrospect, Volcker was proven right. Yes, these guys are not always right (Greenspan should have been removed ages ago), but I'd much rather have someone who does not have to worry about his job making these decisions and not for political gain (for the same reason we have life-time tenured Supreme Court Judges).
How is this film not a conspiracy movie? "The American Dream" is being taken away by a secretive group of rich people....