The markets are acting bearish even with a rate cut of .5% virtually 100% guaranteed.  I am starting to believe that maybe Ben has a major surprise up his sleeve. What would happen if he were to go 1 full percentage point? My rationale for this is that the gov are very worried about all the mortgage renewals and the potential for even more foreclosures. What better way than to have a dramatic drop in rates. This would also put money in people's pockets who are not under the threat of foreclosure. The tonic would be fast and immediate. Of course thais would have to be coordinated with other central bankers to pevent a dollar dump. 

This would be very good for resource stocks and give NOT a real lift.

Just my hunch