Fed Cuts Rate .5% - Dollar Last Seen Headed for Mexico

Citing a weakening economic environment the Federal Reserve cut interest rates 50 basis points in an attempt to soften the impending economic crash landing.  In other news the dollar was seen shooting glares of jealousy at its friend the Euro. From the Fed statement:  "Financial markets remain under considerable stress, and credit has tightened further for some businesses and households," according to the central bank. "Moreover, recent information indicates a deepening of the housing contraction as well as some softening in labor markets." Clearly the path chosen is one of an attempt to sustain the unsustainable.  Lower borrowing costs do not fix the problem of solvency that is rampant in America.  On the other hand grab the  low rates while you can - while we may