Cruel Truths ...

...need to be told sometimes:

German leaders, meanwhile, are insisting that Greece and other indebted economies need to pay for their sinful ways. Chancellor Angela Merkel needs to level with her voters. Profligate lending by Europe’s banks, including Germany’s, helped drive up Greece’s unsustainable debts, as well as those in other economies. And the bailouts are not a favor to Greece and others. They are, in part, a rescue of Germany’s own banks, and the German economy and financial system need them to work.

And the New York Times' editorial does that...sometimes. Incidentally, some of the comments are just as clear-eyed as the editorial itself.