Submitted by Tyler Durden on 07/10/2011 12:08 -0400
* Central Banks
* Creditors
* Debt Ceiling
* Germany
* Japan
* Lehman
* Reality
* Recession
* recovery
Bill Buckler presents an amusing compendium of facts, let us call them inconvenient truths, in the latest edition of his newsletter, some of which would make for very entertaining anecdotes if presented at the Biden "deficit cutting" talks, which also, and very paradoxically, aim to cut US debt by increasing it.
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None of the above will be noted anywhere by the great diversionary media spin machine over the next two weeks, since July 22 is the date by which Congress says it needs to pass the debt ceiling legislation so it can get it to Obama's desk for his signature by August 2.
http://www.zerohedge.com/article/several-inconvenient-truths-about-debt-ceiling-and-deficit-reduction

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.