Will you please stop with the rate cutting? You already made the mistake of cutting rates, and you are going to do it again? You can't save the economy now. You can't make housing prices go back up. There is only so much the fed can actually do. Cutting rates is not the panacea you are making it out to be.
For years, the Fed provided cheap money. That cheap money caused the problems you are now seeing. And the solution is to throw more cheap money at it. It's like paying off your credit card with more credit cards. It just won't work. Let the economy feel some pain and lets move on.