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Protestors in Downtown Jacksonville Want to Shut Down Federal Reserve

    Created: 11/22/2008 1:19:52 PM    Updated: 11/22/2008 7:48:23 PM
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JACKSONVILLE, FL -- A massive crowd gathered outside the Jacksonville Landing Saturday, as part of a national rally to end the Federal Reserve.

There is a Federal Reserve office near The Landing at 800 W. Water Street.

JSO officers are filtered throughout the area, to make sure it remains a peaceful protest.

The national protest was organized by bloggers. Their ultimate goal is to end the existence of The Federal Reserve System. They believe the Fed is to blame for the current economic crisis. Protestors say if the Federal Reserve continues at the current rate of spending and credit regulation, it will be the fall of America.

Protestors blame the Federal Reserve for the Great Depression and say America will face even harder economic times if the fed remains in place.

The protest is happening in 39 cities across America today.

According to their website, endthefed.us, the "End the Fed" organization has some notable supporters, including former Republican presidential candidate Ron Paul and Minnesota governor Jesse Ventura.

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