Feasible measures that will help USA economy.

The crisis that we are facing in the world started in the housing sector in the USA, so the only way to get out faster of this crisis is repairing this sector.

My proposal is to lower the capital of the debt acquired for the people that bought a house according with the nowadays real value of their house and an extra reducement preventing and extra slowdown on home values. Two or three years later, the financial institutions can evaluate again the capital of the loan acquire and renegotiate the next payments according to the new home value.

Hypothetical example:
A person asks for a loan without down payment. The capital of that debt is 100 dollars. The price of the house now is 15% less than when the person asks for the loan. The person has 15% discount incentive to return their house to the bank, because the value of the house now is 85 (less than 100 for the credit). Now suppose that the bank offers a deal to this person, and said to Mr. John (hypothetical buyer)that they’re going to reduce his capital debt in 20%, 15% for the lost of his house and 5% as a protection for future looses in home value. The total capital debt of Mr. John would be 80 instead 100 dollars and the incentives to turn back his home will be reduced significantly. Hypothetically John paid as years passes 35% of the new capital arrangement; it means 28 of 80 dollars, and his home price up to 95 dollars (bigger than 80 capital amount renegotiate but less than original value of the house at the beginning of the credit). Years later, the bank can renegotiate again with the 95 dollar home value maintaining the percentage covered of the credit by Mr. John. So, maintaining that percentage Mr. John had paid 33.25 dollar (35% of 95 dollar), and its new debt would be 61.75 (65% of the capital debt).
This new scheme would prevent more foreclosures and the housing inventories must be reduced faster in a short time. With this plan too, the financial sector is providing incentives to people for giving more payments after revaluating for second time the credit, because the consumer would prefer to cover a bigger percentage of the credit after increasing again the capital debt as the home value increases.
The banks will receive more payments and money (now needs a lot), and the assets backed by mortgage going to recover some of its value. The intervention of the government will be reduced as foreclosures stops and past capital injections are used to provide more credit. The housing sector will be improved. The government needs to made structural plan like this, not only capital injections.
Other proposals that could reduce the financial stress and could help on a short term economic recovery:


> Tax incentives for businesses that conserve all of its workers.
> For new prospects of home and auto buyers complete tax deductibility in monthly debt payments.
> Strong income and consumption tax reduction