THE BLOG
03/18/2010 05:12 am ET | Updated May 25, 2011

Move Your Money First: Then Move Your Senator

So you moved your money. It felt good and you're wondering: Now what?

You're not alone. My personal favorite user response: "Please outline a plan that will allow us to TAKE DOWN Goldman Sachs! Please!"

Would that I could help, but such revenge is beyond the scope of my liberal arts education. I do have an admittedly less exciting suggestion though: Call or write your Senator.

Tell him or her to fight for the strongest possible version of legislation moving through Congress now that could do a tremendous amount to reform our banking system, protect normal people with normal jobs and crack down on the abuses committed by credit card companies and the mortgage lending industry. I suspect that those of you who are still reading this are simultaneously rolling your eyes and muttering about the futility of trying to work the very people who got us into this mess in the first place -- that is, the Congress as bought and paid for by the financial services industry. Cynicism is understandable but there is reason to be hopeful about our current Congress. Consider this: the financial services industry spent $344 million on lobbying in the first three quarters of 2009. Sure looks like they are scared of something.

Here's another anomaly that makes it worth your while to get the message to your senator that you care about financial reform. This is the first time in decades when he or she might be as concerned about the public as about the banks.

That's because for the first time in ages, an issue before the banking committee has leapt into the popular imagination. Usually, they do what they do quietly and no one cares but the Wall Street bankers. This year is different.

The American people are angry, really angry. When they are angry, they vote against incumbents. Make sure your senators know what it is you're angry about. Let them know that you understand the big banks are to blame for much of this mess but that they themselves have the responsibility to fix it. Tell them you are watching, you are waiting and that you will be voting.

For more detailed information about the reforms to fight for please see www.ourfinancialsecurity.org

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