As I've some interest in politics and would probably see little chance of being worse than CWC, I'd do it.
CWCville is a police state that buys its own propaganda, hook, line and sinker. The government is somehow able to maintain a bread and circuses approach to social outcry via soup hotels, worthless currency and vast production of soda.
In short, the whole thing is a house of cards, albeit one with access to powerful individuals, at least a handful of trade goods (Endless Soda, for one) and rigid, automatic control. My plan would be to try to create real currency via trade, promoting domestic growth via increased investment in education, and probably trying to improve CWCville's heavy government involvement in people's lives.
Laws against homosexuality are pointless and most of CWC's civil codes are complete trash; I'll see if I can create a civil code that actually attempts to stop serious abuses. Magi-Chan is going to be trying to combat corruption. Goodness knows how bad things have become under the incompetent gaze of Christian Chandler, but there's no getting away from the point that the Cult of the CWC is likely to be useful.
Alison Amber going on a city council makes sense, but I'd probably try some outreach to at least some of the "former" trolls to try to include them in government. With a couple of exceptions (Bluespike and Josh Martinez) the trolls are bright individuals; a tacit truce would be honored, as I have far better things to do than try to fight for points of honor against non-issues.
I'd also claim that I'm the third mayor of CWCville. I would demand that Billy Mays was fully honored as mayor of CWCville, and try to promote "Mayism" as a political ideology advocating fair play, hard work and tolerance of inborn qualities (such as being gay).
I'd give it a good, solid try. And if it all goes to hell in a handbasket, well, the whole foreign exchange plan can go into my retirement account. More likely, though, I turn an insane fantasy city into a reasonably sane fantasy city, get things working reasonably well and continously worry about the second coming of Christian Chandler--I'd fight him as hard as I could, and I'd pull out all the stops to keep him from wrecking it all. It would be a final boss battle in a political sense.
I might have to give it up to someone better, but it won't be CWC.