America's in a "Credit Crisis"; Yet I Still Receive Multiple Credit Card Offers Each Day

I find it absolutely mind boggling that in spite of everything that's gone on with our country, and our economy over the last several months, I still receive numerous offers for new credit cards on a daily basis.  No kidding, on average, I receive at least two or three offers a day in the mail; all of which I promptly shred.

I'm a very responsible card holder, I have no credit card debt over my head, and never will.  But I can't help but think about the many families and individuals with thousands of dollars of credit card debt, who continuously receive offers for new cards on a daily basis.  Where's the business ethics here?  I understand the capitalistic machine must keep turning, but come on.  How about letting up just a little bit in spite of everything that's going on?

Continuously shoving open credit down the throats of Americans isn't going to help our situation.  Not to mention, most of the credit problems we're facing today are as a result of our own excess consumerism.  But after receiving almost ten credit offers in a single week, even though players like WaMu, IndyMac, Chase, and other banks are melting around us, I must admit that fault isn't just with the consumer.  If banks continue to extend credit to those that don't deserve it, we might as well give heroin to a drug addict, or let a drunk live in a bar.  And, sadly, our government's solution is to pump more money into failing financial institutions so consumers can get more credit, to buy more "crap."

The real solution, is to let capitalism take its course and normalize our economy.  It's a very tough pill to swallow, but we need to let people fall out of houses they can't afford; not let the government bail out failed home owners.  We need to cut off credit to people who clearly aren't responsible and don't deserve it; not pump more money into failing financial institutions so banks can issue consumers even more credit.  We need to let unprofitable and poorly managed businesses fail; not give them hundreds of billions of dollars to waste and stay operational.  And finally, we need to relax environmental regulations such that manufacturing goods in the United States is once again financially feasible; not encourage businesses to outsource and off-shore even more jobs to China and elsewhere.