1/2 Point drop in the Fed Rate -could it be one small step for Man, one giant leap for Wall Street, and maybe a little shuffle for the lower income home owner?

 Now if the banks can see past how to profit on the losses, and help out some of the recent home buyers who got in, out of their depth without swimming lessons, then there's hope for the floundering economy. 

Trouble is, an iceberg shows only a small percentage of its bulk at the water surface. The U.S. and European "default bergs" have only just broken away from the lender-created and unstable ice shelf and global warming can't be blamed here. The bergs are floating dangerously close to the economic shipping lanes. When the many low income homeowners due to convert to their adjustable rates over the next 18 months hit those icebergs - will there be lifeboats built in time, or will the sharks have a feeding frenzy?  (Puns all intended).