No.
We should all be saving instead of buying everything on credit.
Didn't America already cross over that the average American has no savings (therefore no net worth) and is in debt. THIS IS the new American Way!
I wish I could make more money but we borrow so much money in every way, that we deserve to be a broke nation. Oh yeah, even the poorest guy in the suburbs drives a new Expedition...
Personally I do not think we should bail out the mortgage industry out of principle. Even if it means a recession......