Deserve? I can't get behind the idea that anyone 'deserves' anything.
Well, I believe in justice. People who--at least to some degree--make victims of other people should suffer consequences.
This is not to say that I sanction stupidity and irresponsibility on the parts of individuals, but predatory loaning is some shitty shit.
"I can never be what I ought to be until you are what you ought to be. You can never be what you ought to be until I am what I ought to be. This is the interrelated structure of reality." -Martin Luther King, Jr.
We'll see Bailout II probably, Bailout I's slightly less offensive cousin. They do this with union contracts these days. Contract I has all sorts of bad things in it that benefit the company and the Union says "You boys better pass this one or it will be the end of the world and you'll lose your jobs etc."
Then membership votes it down.
Then Union leadership and company come up with a slightly less offensive contract (the half deal) and still make the dire warnings. Folks reason "Well this contract is at least not as bad as the last one, look we even got some of the things we wanted along with the bad."
Contract II passes and so do some of the things the company really wanted, the first one was just to break the ice and see what the membership really would not abide.
I'm not saying I am right, just that I'll be shocked if this is not the case.