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Squawkbox market analysis with Rachna Patel from Thomson Financial Transcript: Welcome to this week's Thomson Squawk Box On the Radar Report. I'm Rachna Patel. The Fed has made it quite clear to us that unless we get some surprisingly strong economic data in the coming days, the dye has been cast and there will be a Fed rate cuts of one kind or another on December 11th. Yet there will be strong headwinds counteracting additional plans to help along the struggling stock market, and to help keep the financial system from seizing up. The Treasury and mortgage lenders are trying hard to freeze some categories of sub-prime adjustable rate mortgages that are about to reset. The thinking is that this type of program would act to curb rising delinquencies, which would be positive for mortgage companies and the financial companies that invested heavily in mortgage securities. It also may help the insurers, some of which may be on the hook for mortgage investments gone wrong. But in doing so, federal officials and the banks risk lawsuits from the investors who bought the securitized mortgages and stand to lose anticipated cash flow if expected mortgage resets fail to materialize. The way that loans are repackaged, it's hard to say if banks and the government have the authority to make adjustments to existing loans. It seems to us that a one-size-fits-all solution to the mortgage mess is doomed to fail. And this probably wouldn't be attempted if this wasn't an election year. For Thomson Squawk Box, I'm Rachna Patel.