“End the Fed” rallies were staged across the nation in more than two dozen cities April 25. Attendees protested in front of every one of the dozen Federal Reserve Bank branches and expressed support of Ron Paul’s H.R. 833, which would abolish the Fed, and H.R. 1207, which would provide an independent audit of the quasi-private central bank.

Peter Schiff keynoted the rally in New York City, noting of the current economic bust: “The Federal Reserve was behind all of it and we’re not going to get to the root of our economic problems unless we get to the root cause, which is the Federal Reserve and the phony monetary system we now have.” (See his speech here, and advance publicity for his address here.)

Indeed, Statistical Abstract of the United States demonstrates that average inflation-adjusted GNP/GDP annual growth rates for the United States have shrunk from 4.6 percent for the 46 years before the Federal Reserve was adopted to just 3.3 percent afterward. Growth has slowed to less than 2.2 percent in the past 20 years, roughly the rate of population increase. The United States has gone from a nation where every generation could expect to be materially better off than the past generation, to a nation where it's difficult for young Americans just to reach the heights their parents once had.

“Good afternoon would-be terrorists of America,” Harold Shurtleff of the John Birch Society opened remarks in the shadow of Boston’s Federal Reserve Bank building, referring to a Department of Homeland Security memo that painted liberty lovers as potential terrorists. “The real terrorists are behind us.” The Federal Reserve bankers destroy the economy, explained Shurtleff, the New England Coordinator for the John Birch Society. “Today, there are rallies like this all over the country. Millions of people are waking up.” The Boston rally had been sponsored by EndTheFed.us, RestoreTheRepublic.com and Ron Paul’s Campaign for Liberty.

Footage from some of the April 25 rallies is available on YouTube, including Los Angeles, Chicago, Boston, San Antonio, Detroit, and Indianapolis.

 “The Federal Reserve is the biggest problem facing America.” Free Talk Live radio host Mark Edge told the Boston audience. “If the Federal Reserve doesn’t go away, America is going to be destroyed.”

But the Boston "End the Fed" rally, attended by this correspondent, was not negative. “Even if we don’t end it,” radio talk show host Dave Kopacz quipped in Boston, “they’re doing a pretty good job of self-destruction.” The Federal Reserve’s artificial lowering of interest rates created a false prosperity bubble that led to the current housing and financial crash. And that’s becoming more and more obvious, Kopacz pointed out. Sean Ryan, Boston Coordinator for Campaign for Liberty, explained that “our task is not as hard as it must have been for our ancestors” who fought the war for independence from Britain.

The April 25 rallies are a follow-up on earlier rallies on November 22 of last year.

TrackBack URI for this entry

Comments (5)

Subscribe to this comment's feed

Ron Moss said:

inhouse invasion Andrew Jackson had it right in 1835 when he paid off the national debt and warned of the upcoming mess if the bankers were ever allowed to print our money. Do you know how much we pay them today just to print our own money? $1.3 Billion a day. Should we take back our constitutional duty? "Congress shall have power to coin money and regulate the value thereof" Not the terrorist bankers, but congress. Could Barney Frank be out voted? could Ben Bernanke?

report abuse vote down vote up

April 26, 2009 | url
Votes: +10

Flu-Bird said:

	Orderly and peaceful tea parties The TAX DAY TEA PARTIES were orderly and peaceful no rioting no looting, no vandalism no attacks on police like what happens when a bunch of those hoodelums did in SEATTLE during the big protests against the WTO and many were organized by enviromental groups and various left-wing organizations
	report abuse vote down vote up

April 26, 2009
Votes: -1

Derak said:

Inflation taxes savings This having the fed print money without actually increasing the amount deposited to its banks, or printing its own money to deposit in its own banks electronically, then buying gov bonds with it so the gov can then spend that money is just a way to spend without telling people you are increasing their taxes. That money still comes from somewhere, and that somewhere is out of the value of the money in your savings or your paycheck.

report abuse vote down vote up

April 27, 2009
Votes: +3

George Tirebiter said:

	The Fed Will End Don't worry. The Fed will end. It will be replaced by a Global Reserve Bank (possibly the Bank of International Settlements)manipulated by the same cast of characters.
	report abuse vote down vote up

April 27, 2009
Votes: +5

Stephen said:

why stop with the reserve It would be great to audit the federal reserve and try to get rid of them, but how about we audit the federal government and see what the heck they are doing with all are tax dollars. Lets find out just what and how they are spending "WE THE PEOPLE's" money I do believe this would open a lot of the peoples eyes. Last I checked there was 6244 branches and agencies of the federal government. Makes it pretty hard to follow the money where it going, how it is being spent, who is spending it.

report abuse vote down vote up

April 28, 2009 | url
Votes: +1