QE3 is just a further delay of the inevitable, as were 1 and 2. Not surprisingly, each effort makes the impending collapse worse. What's coming will be brutal, but soooo cleansing.
Reenact Glass-Steagal. Our financial institutions shouldn't have the ability to make risky investments if the tax payers are the ones on the hook for the losses.
Implement a flat tax, thus enabling businesses to make long term decisions. Businesses make 5-10 year plans. Extending tax rates for 2 years had similar effects as quantitative easing. I understand this would layoff a TON of IRS employees. Good. Hopefully they will get jobs that actually promote growth or goods production.
Repeal the Federal Reserve Act. I don't need to go into detail here. Their primary purposes are to protect the purchasing power of the dollar and regulate and supervise monetary policy. Since 1913 the dollar has lost 99% of its purchasing power and they have proven to be oblivious to coming recessions or how to handle them.
Someone with some cajones is going to have to explain to all the retired or soon to be that the governemt has been lying to them the past 76 years. Social security was set up as and remains an insurance policy. They have been led to believe it is their retirement package. Who can blame their logic after they've unwillingly invested more in social security than their personal 401ks since they can remember. I think there will be a compromise reached between reality and what they had planned.
Medicare? Major overhaul is needed, but I'm not educated enough on the subject to have an opinion. I'm clueless here. Help me out Orion or Zeb.
Audit Fort Knox. It's unlikely the US still has gold reserves, especially since being taken off the gold standard. Still, it would be nice to know the truth. The OP probably has more gold than Fort Knox.
What else? I'm talking major bullet points. Not stuff like "Federal funds to the tune of $3 billion were spent on studying the performance of sick shrimp on treadmills".....and yes that happened.