Submitted by Tyler Durden on 12/08/2011 - 11:20 headlines
Deeply philosophical headlines, via Bloomberg, from our European allies:
*GERMAN BDB BANKING ASSOCIATION SAYS EBA `HAS LOST CREDIBILITY'
*GERMAN BDB BANK ASSOC. CRITICIZES EUROPEAN STRESS TESTS
*BDB SAYS STRESS TESTS HAVE NOT HELPED STABILIZE THE MARKET
*BDB SAYS GERMAN BANKS ARE NOT UNDERCAPITALIZED
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http://www.zerohedge.com/news/europe-says-europe-has-lost-credibility

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.