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I still kind of like Jaybird's idea of giving Alaska to China, to help pay off our national debt, not sure how much use they'd have for all those snowmobiles though, and whether or not it would help if we included Sarah Palin as part of the deal...
there are a few other ideas floating about, one frequently mentioned is that we could legalize marijuana, and tax the hell out of it, like the Netherlands do, and stop spending so much on the OTHER drug wars
I could see the argument against that, it might be considered giving unfair advantage to certain segments of the music industry, sales of Grateful Dead and early Moody Blues albums would be certain to increase