The great news folks!  There is no one asleep at the wheel with this one.  Bernanke has a full plate to balance.  Too many mashed potatoes on one hand could upset the whole cart.  We all seem to be asking him for what will please our most current agenda.  Options for Ben: does he leave rates the same in order to slow the brisk pace of growth in our economy reducing the risk of inflation), 2) does he reduce rates to minimize borrowers risk as their loans reset.  This is a double edges sword folks, or even triple.  Lowering the benchmark rate could possibly throw gasoline on an already briskly growing economy and force serious inflation. It is also essentially bailing out irresponsible lenders as well as irresponsible borrowers.  Banks will be able to get money cheaper without passing this savings on as they have done recently at the discount window.  Our deficit, that was recently (back in 2000) a major surplus, is now hovering around a $456billion dollar deficit that will cost each taxpayer approximately $30,000.  Do you think this bail-out of the mortgage companies will be free?  I say that minimal Federal involvement right now is best only to allow the cream to rise to the top.  In other words, the poorly managed companies SHOULD FAIL!  Guidlines will be reformed, home prices will become reasonable again, and everyone will be happy......until the next cycle......go figure.