Abolish the Federal Reserve; and re-instate dollars backed by real commodities

There is nothing 'Federal' about the Federal Reserve other than the word 'Federal' in it's name. It is entirely owned by the major banks (they own all the stock) in each region and not part of the government. The Federal Reserve issues 'Federal Reserve NOTES' which are really IOU's from the them. We then are using these Federal Reserve NOTES as if they were cash but most people don't realize that we are really passing around IOU's. What if you got paid by your boss with an IOU from the company, you wouldn't be happy would you. So let's ignore the Federal reserve, have the Treasury issue Dollar Bills (not NOTES) based on a set of commodity prices and get rid of this fake fiat, IOU money once and for all.