U.S. households owe a bit less than they did at the peak of the bubble. But they still owe a lot: $11.4 trillion, give or take a few billion. Mortgage and home-equity debt is still by far the biggest chunk of that debt.
Originally published on Mon November 26, 2012 5:49 pm
When Syrian rebels seized the border post at Ras al-Ayn on Nov. 8, they celebrated the victory and went on to "liberate" the town, a place where both Arabs and Kurds live on Syria's northeast border with Turkey.
But the Kurdish inhabitants quickly saw their "liberation" as a disaster. Within days, dozens were dead in clashes between Kurdish militias and the rebels.
I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, we'll meet the star of the new film "Life of Pi," based on the best-selling novel by Yann Martel. The film is getting rave reviews for its amazing special effects, as well as the performance of the young man we are going to meet in a few minutes for whom this was his first professional acting job. That's coming up.
The new film Life of Pi tells the story of a teenage Indian boy who survives a shipwreck, only to find himself in another ordeal: stranded on a lifeboat with a Bengal tiger. The movie is based on the best-selling novel of the same name, and is being mentioned as an Oscar contender by many critics.