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 3:49 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.
Jazz reflects who we are as a people — democracy in action and all that. But a jazz tune or solo is also a portrait of the musician who makes it; the music reflects the particular background and training that influences how composers compose and improvisers improvise. Jason Kao Hwang makes that autobiographical component explicit throughout his extended composition for eight pieces, Burning Bridge. His parents made the move from China around the end of WWII, and he grew up attending Presbyterian services in suburban Chicago.