Indeed

Couldn't have put it better myself:

The ever-deepening financial crisis presents us with an opportunity and necessity to do something that is no fun at all: Repent.
To repent, once again, is to turn completely away from one's present course. As individuals and as a nation we cannot continue to live on debt (or on "credit," as it's commonly called). There are already plentiful indications that American households are reining in their spending, foregoing luxuries of various kinds, and "hoarding cash." Banks are engaging in the same behavior. All of this is good and necessary -- and, admittedly, painful. In other words, it is a species of repentance, one the Big Bailout (and the subsequent interventions) would be intended to discourage, if not reverse.

A significant amount of the demand for government action stems from the understandable human desire to avoid the consequences of our actions. Don't want to contract diseases while doing drugs? Why... the government should buy you fresh needles! Don't want to risk disease when fooling around? Schools should pass out condoms, of course! And now that our long-developing tsunami of debt is beginning to break around us, we're inclined to ask Uncle Sam to put off the wave just a little bit longer.

What's missing in each of these examples is repentance... a willingness to change one's course. Instead of mitigating the symptoms, we need to solve the root problems.

Do not be deceived: God is not mocked, for whatever one sows, that will he also reap. Galatians 6:7-8