Rally to End the Fed This Saturday

New York sound money activists, comprised of members of the Manhattan Libertarian Party, Campaign for Liberty NYC, and We Are Change, will gather at 33 Liberty Street this Saturday, November 22, 2008, from noon until 5 p.m. as part of a nationally coordinated action organized by members of Restore the Republic, the grassroots freedom movement founded in 2007 by filmmaker Aaron Russo.

Ninety-eight years after the meeting that established the current Federal Reserve System, protesters will gather at Federal Reserve Banks in 39 states to denounce the current banking system and support Rep. Ron Paul’s (R-TX) legislation to repeal the Federal Reserve Act.

End the Fed participants, who promote a return to a commodity backed monetary policy based on the Austrian School of Economics, believe the Federal Reserve Bank is responsible for the current economic crisis, primarily through inflation of the U.S. money supply and continued market interference. Supporters hope the rally will highlight the unconstitutional system and its detrimental effects on U.S. economic stability.

“Our main objective is to inform the public about the insidious nature of the Federal Reserve, how it is the source of our unsustainable inflationary bubbles and is responsible for the erosion of our wealth. In this current economic environment, we feel our message is more important than ever,” said David Chen, a member of Campaign for Liberty NYC.