What do you think about the US government's action on saving the economy?

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Up to now, there are billions of dollars spent by the US government on trying to save its own economy already. Most of the money spent goes to the banks which are next to die. From the start of the crisis, half a year has passed. So, what do you think the US government is doing so far? Actually, one of the main causes of the current crisis is the rapid drop of housing prices across the whole US making lots of people not able to repay their mortgage. What the US government has been doing, however, seldom really touches on helping those home owners. What do you think about this? With the money available (I know, they don't truly have the money, they just print it out when they want), do you think it is better to save the home owners? or save the banks? or just sit back and what them die so that the market can correct it by itself?