So the latest projections of money needed or attempted to be spent on the federal bail out program is now estimated to be in the 8 trillion dollar area.  Remember, at this point no individual homeowner has been bailed out nor is relief in sight.  All of this money is going to shore up banks and financial institutions remotely involved in the mortgage crisis.

Here is where it gets weird.

The total debt of all mortgages in America is somewhere between 10 and 14 trillion.

This means that Uncle Sam could retire the entire mortgage debt of almost 75% of all homeowners in America.   For sure all the owner occupied, primary residences in the entire country could be retired and those owners would own their home free and clear.

Imagine if 75% of all Americans did not have a monthly mortgage ever again.

You could now use the monies equal to what your monthly mortgage payment was for the next 30 years for what ever you wanted to use it for as you no longer have a mortgage.

Now that's a stimulus package.