A government with Net Zero Honesty? Good luck with that.
The truth hurts too much.
Germany Faces the Green Fiscal Truth – The constitutional court rules Berlin will have to fund net zero honestly.
Things have gone from bad to worse in Germany this week after a court ruling that’s forcing the government to do something truly shocking: level with voters about how much the net-zero energy transition will cost. Please pass the smelling salts.
Let’s watch them squirm.
We… must… spend… more… money we don’t have! There just has to be a way around this debt brake!
Germany freezes spending as budget crisis deepens – As Germany’s financial woes grow more acute, there are growing calls to suspend the country’s damned debt brake.
Germany’s finance ministry has imposed a spending freeze on all federal ministries, deepening a budget crisis that has rocked the ruling coalition since a bombshell ruling by the country’s top court last week.
The finance ministry decision, which halts most new spending authorizations, followed a ruling by the constitutional court last week that blew a €60 billion hole in the government’s coffers.
I mean, a makeup! A makeup cover-up? I don’t make this stuff up. Just look at the before and after photos.
The one on the left was taken before she ripped German taxpayers off of €55,000. The one on the right is after. She pocketed that cash, people.
Germans funded £47k in hair and makeup expenses for Angela Merkel since leaving office – Despite stepping down from her prominent role almost two years ago, Merkel continues to submit expense claims to the federal government.
As revealed in documents obtained by Tagesspiegel through a Freedom of Information Act request, the former German Chancellor keeps filing her expenses to the federal government.
Or, if you prefer, no more German Alleingänge (going it alone)… After this one. Promise.
Tensions flare over the EU’s new irresponsible big spender: Germany – Countries say Berlin has a burden of responsibility not just to pour billions into its own economy — when German mistakes created the crisis.
Ten years ago, when Europe was in the throes of the eurozone crisis, Germany led the drive for austerity. Now the rest of Europe is fuming about Germany’s heavy spending on energy subsidies that they fear could exacerbate the Continent’s politically explosive rich-poor divide. It hardly helps these growing tensions that it was Berlin’s misguided dependence on Russian gas that helped trigger the bloc’s energy crisis in the first place.
Well, we’ll fix that by subsidizing its use to encourage consumers to consume even more.
No need to thank us. We’re from the government and we’re here to help.
German gas consumption too high, says energy regulator – Germany’s network regulator, whcih would be in charge of gas rationing in the event of a supply emergency, on Thursday said that household consumption was too high to be sustainable.
Are always more fun!
Give me a break, people. Look, I’m burning this money as fast as I can!
German minister call for more funds for companies as debt debate intensifies – The German economy minister (Greens) on Thursday called for more government funds to support companies as a debate intensifies on whether Berlin should suspend its debt brake next year.
We only create the inflation. We’re clueless when it comes to knowing how to stop it.
Anybody out there have any ideas?
German government tasks experts with proposing inflation-busting ideas – he German government will establish a committee of experts and task them with coming up with policy proposals to combat the soaring cost of heating and gas, Chancellor Olaf Scholz said on Thursday.
That means state support or government assistence. And that means, of course, taxpayer money.
And this is ususally needed, as in this case, after the state and/or government burning the taxpayer money got the company that needs it into this situation in the first place (see “renewable energy”).
Germany in bailout talks with Uniper amid gas crisis – Germany’s Uniper (UN01.DE) is in talks about a possible government bailout as the financial fallout from dwindling supplies of Russian gas reverberates across Europe, sending shares in the energy company sliding.
Is there really such a thing? Someone should inform the Biden administration immediately.
Germany’s federal government has reached the limit of its fiscal capacity, its finance minister said, with extra financing to cope with the coronavirus pandemic, the impact of the war in Ukraine and a climate fund having exhausted government coffers.
“There are no reserves in the 2022 federal budget,” Christian Lindner was quoted by news website t-online as saying on Saturday, Reuters reported.
He warned against granting further financial support before the autumn to citizens to offset the impact of rising inflation. “I advise letting the measures taken so far take effect,” he said.
What a steal. From the taxpayers, as usual. But still.
Germany offers €9-a-month public transport ticket – Cut-price deal allows nationwide travel as Berlin acts to soften the impact of rising inflation and expensive fuel.
The €9 ticket opens up the entirety of Germany to many who couldn’t otherwise afford it. It’s now so easy to scramble up the Harz mountains, stroll through “Frau Holle Land” and drink a few beers on the Ruhr. You could even reenact Inglourius Basterds in the Elbe Sandstone Mountains or find out why Tom Hanks fell in love with Eisenhüttenstadt for yourself.
Observing Hermann 