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Protesters call for end of Federal Reserve

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Published: Nov. 23, 2008 at 6:20 PM

SALT LAKE CITY, Nov. 23 (UPI) -- More than 100 people rallied in Salt Lake City this weekend to call for an end to the Federal Reserve.

The Salt Lake Tribune reported Sunday that demonstrators were calling for passage of legislation by Rep. Ron Paul of Texas, a former Republican presidential hopeful, that would abolish the nation's central bank.

The event in Salt Lake City was one of about 40 similar rallies scheduled Saturday nationwide, including New York City, Los Angeles, Miami and El Paso, Texas.

Paul introduced the Federal Reserve Board Abolition Act (H.R. 2755) to abolish the Board of Governors of the Federal Reserve System and each federal reserve bank.

Diana Jorgensen, 30, was among protesters in Salt Lake City. The Federal Reserve "is playing with a lot of people's lives," she was quoted as saying. "They're stealing from us."

Topics: Federal Reserve, Ron Paul
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