Our cashless society

I was watching this paid program on NBC last night about low fixed-rate loans by the government so more average folk can buy homes, it's Uncle Sam's way of trying to solve the subprime mortgage mess. The loans are completely protected by the federal government so lenders would not lose anything, they are guaranteed. Hey, I'm no egghead economic scholar, sounds good but the part that got me were the four people at the end who had questions for the expert. They had various questions about the loan program but all four were swimming in credit-card debt, not only that but the show's financial authority figure said nothing on this like tear 'em up and don't use 'em for now or only use them to rent a hotel room or if your car breaks down on a cross-country trip. I kid you not but the other day at Wendy's I saw a young couple whip out their piece of plastic to buy some burgers, is this worth going into debt over? I've made the personal decision to not use credit cards for now, I paid them off years ago and you know something? I'm better off, have more money in the bank and live well within my means. So these four troopers who maxed out on their credit cards are going for these government loans to own a home, well good luck but this Gotta Have It Generation doesn't set an example for the Next Generation.