Calvinism Changing the World

http://www.dennyburk.com/?p=3872
I read the following in the paper recently:
Texas Faith this week is pegged to the financial bailouts and asks: What does our faith teach us about this moment? Does our inner Calvinist say we have no obligation to bail out those who failed to act responsibility?

For those who castigate Calvinism or have faced this before, from what does this stem? Without having read Institutes, is this a part of Calvinism (there’s a joke about which part of the hand it would be ;-) or is it just someone painting an uninformed caricature?