I agree with Eberly:
stop interest payment on the debt, even if it hurts the credit rating of the USA.
Secondly, adopt the finance reforms mentioned in the article.
Next, we must pass a bill to end campaign finance by PACs. Outlaw them. Contrary to what Romney famously said, corporations are not people.
Finally, we must admit the defense spending party is over. The current war is going to bankrupt us and we have to stop pretending to be the world's policeman when it is obvious we are the world's largest de-stabilizing agent. Major cuts in defense are needed.
I have a bottle of fine champagne ready for that blessed day when he strokes out and hos sheep finally realize they have to think for themselves.