1.   Analysts are concerned about the high level of consumer debt.

2.   But the growth in consumer debt should not be simply seen and condemned as a complete descent into mindless consumerism.

3.   Consumer debt soared to very high levels because people often thought the relentless rise in the Dow would somehow save them.

4.   And because consumer debt is not considered a deduction, tap into regular savings to pay off credit cards or other loans.

5.   And he held congressional hearings to highlight aggressive credit card marketing that contributed to excessive consumer debt and an epidemic of bankruptcies.

6.   And regardless of why credit card use increased, the rise in consumer debt suggests lower spending in the months ahead.

7.   And, above all, avoid consumer debt like The Plague.

8.   And, since folks are also inclined to borrow in order to spend, you should watch levels of consumer debt and interest rates on consumer credit.

9.   Asset-backed securities are bonds backed by payments on such consumer debt as credit cards and car loans.

10.   Banking regulators said there is no need for Congress to pass new laws to address the rise in consumers debt.