Reply #1: Umm... [View All]

A penalty for each foreclosure.

What do you think foreclosure is, exactly? A money-making venture? The mortgage owner loses a LOT more than 10k when the mortgage goes kablooey.

Furthermore, in many cases the actual mortgage owner is not the party who originally negotiated the terms of the mortgage, so you're not even penalizing the right people.

A penalty, maybe $5K per month for each vacant house.

A penalty applied to whom? The owner of the house? Banks sell foreclosed properties at auction, so I assume you'll be applying this to the new owners, right?

A penalty for each job outsourced or offshored

and for each layoff.

This is stupid. In order to make such a penalty feasible, it'd need to be equal to or greater than the cost of laying the person off. This penalty has the potential to cause MORE layoffs, not less. As for your outsourcing penalty, I don't see how it could possibly be enforceable, and if it were would probably cause companies to move overseas wholesale, to nations with sane business regulations.