Forum Post: Easy concrete goal: Federal Reserve Transparency Act

As OWS grows as a political movement, it will be important to have clear goals that transform well into soundbites (unless we can somehow transform the very way Americans consume information). The Federal Reserve Transparency Act (http://en.wikipedia.org/wiki/Federal_Reserve_Transparency_Act) is an obvious first concrete goal. As it stands, we the people have very little knowledge about what goes on behind closed doors, and the banking establishment is incredibly opposed to any attempt to peel back the curtains. What are they hiding?

This Act has a few other things that make it ideal as a first step. It is already written, with a number of cosponsors from both parties. It does not require any spending or money, as its sole purpose is to make the actions of the Fed available to Congress and to the public.

By organizing to get this bill passed against opposition from the Obama administration and other allies of the banking establishment, OWS will gain crucial experience and abilities to effect further legislative change. Additionally, the knowledge gained by casting a light on Federal Reserve actions will help make the case that there is massive systemic inequality in which the wealthy use unfair advantages to grow their wealth. That seems to be what OWS most opposes - it is not that wealth is inherently evil, but instead that the system currently enables wealth to concentrate to the detriment and not for the benefit of society.