Introduce a new WPA - This would be concerned with real infra-structure repair, upgrades to telecommunications (such as implementing TPC IPv6, Fiber optic cables, switches, etc), high speed rail, upgrading the energy grid.
Reinstate Glass-Steagall.
Introduce Legislation that Government Contracts Must Include American Hires.
Introduce Legislation that Government Loans to Business Must Include American Hires.
Introduce Legislation that forbids American Government contracts, grants or loans to Companies who's employees are less then 70% American.
Introduce a "Maximum Compensation" law. Anything over 5 million dollars a year would be taxed at a rate of 90%.
Add teeth to Sarbanes-Oxley.
Introduce a real "Mark To Market" law.
Introduce real regulations of derivatives, Dark pools and instanets.
Adequately fund the IRS to chase down tax cheats.
Introduce funding to train or educate people displaced by the economic downturn.
Put Financial Institutions on notice that if hiring doesn't start happening domestically, the United States would introduce it's own 401k, IRA and other retirement accounts for it's employees.
Raise taxes on Hedge fund managers.
Cut foreign military bases by 90%.
Cut missile defense.
Cut the Submarine Fleet by 50%.
Pull out of Afghanistan and Iraq. Special forces would be left to deal with terrorist threats as they arise through predator strikes..or Spook Ops.
Reintroduce the Shuttle Program.
Fund the Space Station.
Fund a Moon Colony.
Introduce Single Payer for everyone.
Immediately get rid of the Bush Tax cuts and oil subsidies.
Introduce a "Consultant" law. No consultant can work for a firm for more then six months without a new contract or being fully hired.
Okay, tied for first.
If the contest is "Most Stupid."
We are basically pursuing policies not dissimilar from those. And that's why we're here. Sarbox is a disaster, with companies going public overseas far more than here.
But we should just skip the intermediate steps is Swallow's plan and go for the meat: Fire everyone and rehire them as government workers.