Tuesday, March 12, 2013

THE HIGHEST COURT RULING AGAINST THE FEDERAL GOVERNMENT OVER-SPENDING FINANCE POLICY AS UNCONSTITUTIONAL MAY CHANGE THE RED GREEN RULING COALITION GOVERNMENT TO DIFFERENT COLORS.

THE HIGHEST COURT RULING AGAINST THE FEDERAL GOVERNMENT OVER-SPENDING FINANCE POLICY AS UNCONSTITUTIONAL MAY CHANGE THE RED GREEN RULING COALITION GOVERNMENT TO DIFFERENT COLORS.

       Germany's Highest Court ruling against the North Rhein Westfalia State for over-spending finance policy as violation of the Constitution is likely to change the red green ruling political parties to different colors in the next election, if the Highest Court does not dissolve the current federal coalition ruling government in the State of North Rhein Westfalia for unconstitutional over-spending that exceeded the federal loans limit of four point five billion euros (E 4.5b) by nine hundred million euros on the first quarter of the year 2013. Nobody seemed to believe the central government finance investigators reports on the finance and over-spending scandal in the first quarter of the year in the State that had registered surplus, instead of deficit in the annual revenue and budget reports. However, the country's financial and economic growth remains stable with constant economic growth of zero point four percent (0.4%) and the lowest inflation rate in years, inspite of the over-spending scandal in the State of North Rhein Westfallen.

                                              Written by Professor Godfrey Ohia.

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