You're insane.

Never put the power on the male plugs. At the minimum you want a male connector on the house and a cord with a male on one end and a female on the other.

The L14 connector on the generate will provide two legs with 240V between them and 120V to the neutral pin. You should also connect the ground from the house side of this contraption to a real ground for safety's sake.

Instead install an proper inlet like the ones found here.

http://www.generatorjoe.net/zRCAccessories.html

Thanks for the advice it makes perfect sense. I will install a inlet on the outside and use a cord set with male and female. On the inside of the house i would like to install two outlets (4 plugs). This should be possible,safe and somewhat easy to do???As far as the grounding you refer to this would be a long rod into the ground connected to the generator ground?? Thanks again for keeping me from making a dangerous mistake.

I'd also install some type of disconnect with a breaker ahead of any wiring in the house. You never can tell who will later plug the 50A gen into the inlet with 14g wire.

I think he meant run a ground wire from the main panel to the Gen inlet.