Total Cost of Mortgage Bailout (including companies specific loans etc) = 1300 Billion Dollars
Number of US households defaulting on loans = 100 million (assumed)
Bailout per Household = 13,000 Dollars
Deleting extravagent houses/overpaid /people at fault /above 3 bedrooms = 50 million households
New Bailout per Household =26,000 Dollars
Lowering of EMI by Lowering of Mortgage Rate, by Fed Rate Cut =1000 Dollars per annum
Lowering of EMI by increasing tenure to 40 years = 500 dollars per month
Why cant we give tax payer’s money back to the tax payer themselves
Risk Added to Govt Treasury = 0
Jobs lost at financial sector = 0
Houses lost by ordinary Americans =0
Note- Numbers are close approximation of estimates using Fermi Logic of problem solving
Can someone tell whats the problem in this logic ???
DECISION STATS 
Ajay,
You definitely make a strong case.
The way Bush administration is handling the crises, is very strange.
On BBC they renamed America today as USSA 🙂
To your wondering question:
The logical explanation to that behavior is, in the good case, Bush trying to rescue his family’s interests (the same logics that brought us the Iraq war and as results – the rise of Iran as menace to the free world).
In the bed case, I’ll not be surprise if the next American president would be a mafia boss.
Edith