92024 – I agree with you that there will be some kind of debt forgiveness act (edit: although I don’t support the idea and would vote against it if given the chance) – the thought of a ‘mulligan’ came to mind when I read your post – I was reminded of the movie Tin Cup where Kevin Costner teaches Rene Russo what a mulligan is

mulligan: In golf, a mulligan is a shot retaken, due to an errant shot. Like gimmes, mulligans are strictly prohibited in the official rules of the game, but are commonplace in social golf. Traditionally, mulligans are allowed only on the tee shot (usually one per round) and are not just taken at any time of the golfer’s choosing. More permissive mulligans are often identified by the terms floating mulligan or walking shapiro, can be used on any errant shot except on the putting green. Golf tournaments held for charity may even sell mulligans to collect more money for the charity.
http://en.wikipedia.org/wiki/Mulligan

Olly olly oxen free: a phrase used in children’s games, which is generally used to indicate that people who are hiding (in a game of hide and seek, for example) can safely come out into the open.
http://en.wikipedia.org/wiki/Olly_olly_oxen_free