To the Point
The Supreme Court and the Bankrupt: Is Debt the American Way?
US consumers scaled back in the first years of the Great Recession, but now they're buying again and getting extended credit. Are the laws written to encourage debt? Are Americans born to shop, even when they can't afford to? Also, Tunisia's president flees the country amid mounting protest, and John Paul II on a fast track to sainthood.
By Warren Olney • • 51m ListenUS consumers scaled back in the first years of the Great Recession, but now they're buying again and getting extended credit. Are the laws written to encourage debt? Are Americans born to shop, even when they can't afford to? Also, Tunisia's president flees the country amid mounting protest, andPope Benedict XVI has approved a miracle by his hugely popular predecessor, John Paul II. But questions are being raised about his qualifications for sainthood.
Banner image: Joe Raedle/Getty Images
