The billions of dollars in subprime mortgages have caused U.S. banks to take a beating in the market. Insurers who backed the loans are in danger of going belly up and there does not sem to be a bottom for the stocks. The ultimate doomsday scenario may happen with out fast action from the government. The stimulus package is not the answer as Washington sees consumer spending as the way to jumpstart the economy. Cramer thinks it needs to be something different. He thinks the government needs to buy mortgage insurers MBIA Inc. ( MBI ), The PMI Group Inc. ( PMI ), MGIC Investment Corp. ( MTG ) and Ambak Investment Group Inc. ( ABK ). The insurance covering the municipal bonds could be sold to Warren Buffett or the highest bidder. Banks like Citigroup Inc. ( C ), Washington Mutual Inc. ( WM ), Merrill Lynch & Co. Inc. ( MER ), Wachovia Corporation ( WB ), Bank of America Corporation ( BAC ), Wells Fargo & Company ( WFC ) and Countrywide Financial Corporation ( CFC ) would have time to assess their losses, build reserves and start lending money again. With a 100 basis point rate cut to the plan the Dow would add 2,000 points in two weeks. To prevent what Cramer deemed "the end of the world" Washinton needs to accept this mission. GAME PLAN VIDEO