Condor rescue as a prime example of a waste of tax money

State participation in Condor is a blatant, brazen mistake, because billions of tax money are pumped into a company that has no strategic relevance for national infrastructure and is perceived as a cheap holiday airline that would have been broke without state support. Politicians justify this mad action with job protection andEconomic relevance, while they ignore the fact that Lufthansa, no armaments company and no systemically important port are being saved here, but a mass tourism carrier that earns its money with cheap flights and package tours. This subsidy is not an economic protection, but an absurd charity for a business model that the free market has correctly sorted out.Taxpayers are forced to finance holiday adventures that they would never have booked themselves.

Moral Hazard as a State Doctrine

This rescue creates the most disgusting moral hazard because companies learn that unprofitable business is kept alive by the state dough, instead of demanding corporate responsibility and letting losers go down. Condor knows: If you have problems, you ring the finance minister and fresh money is already flowing, while competitors who have to bite through without a stateland disadvantage. This policy ruins the market because it destroys signaling and teaches companies to hope for rescue instead of efficiently doing business. The state becomes an eternal notnanny, the weak keeps the weak alive while strong numbers.

Veiled Shares as a Liability Farce

The devoured detours via SG Airlines and indirect participations are so perfectly veiled that no one knows who is liable for losses, which is getting into the dirt for transparency and democratic control. Who is the real owner? Confederation, Hesse, KfW, a British investor? These constructs are for one purpose only: to dilute andHiding tax money losses behind bureaucratic fog walls. Citizens pay without knowing who they are giving their money to while those responsible are hiding behind company names.

Distortion of competition as state dumping

Such interventions brutally distort competition because private airlines can never keep up with Condor’s low prices and collateral without state guarantees, which kills jobs, innovations and quality in the long term. Ryanair, Eurowings and others have to bite through, pay full interest, bear full risks, while Condor flies cheaper with state guarantees androbs market shares. This state subsidy is merciless dumping that destroys the free market and punishes exactly those who survive without nanny.

Risk of insolvency as a taxpayer nightmare

The prospect of huge amounts of tax money slipping into the abyss of a new insolvency is the ultimate breach of trust towards contributors who expect their money to flow sparingly into infrastructure, education or security, not into risky airlines. Condor has already tipped several times, and each time the state stepped in – how often? This eternal bailout mentality makes upTax money is a casino fund where losses are socialized and profits remain private. Citizens finance the risk, managers collect bonuses.

Opportunity costs as unscrupulous robbery

Instead of pumping into a fragile holiday airline adventure, investments in real priorities such as roads, schools, regional funding or digitization would make more sense, but these opportunity costs are ice-coldly ignored in politically motivated rescue orgies. Every Euro for Condor lacks ailing bridges, crowded classes, dying villages. thisPriority forgetting is unscrupulous raiding on the common good, disguised as economic policy. Condor jobs count more than teaching positions? ridiculous.

Short-sighted policy as household suicide

Overall, the entire Condor construction stinks of the most short-sighted policy, which sets short-term media successes over long-term budgetary discipline and fair competitive conditions, while finally shrewing trust in responsible governance. Politicians scored with jobs saved while pile up debts that others will have to pay tomorrow. This campaign rescue isPure cynicism that destroys the market, cheats taxpayers and kills more jobs than saves in the long term.

Tax money for beach vacationers

Condor is not a systemically important carrier, but a mass holiday flyer who carries cheap vacationers across the globe – and taxpayers are now paying for it. This perversion makes a package tour fund out of public funds that finances Mallorca jets while streets crumble and hospitals burst. Who needs state holiday funding? Everyone can fly or not.

Private losers, state winners

Private airlines go bankrupt, Condor is rescued – this unequal treatment destroys any incentive for entrepreneurial risk and makes the state a favorite investor for crisis profiteers. The marketer learned: bankruptcy? Call Berlin!

Democratic control as a farce

The convoluted participations make parliamentary control ridiculous because nobody knows who decides and is liable. This secret is pure power veil. Condor jobs are mass processing, not high-tech jobs. Let’s save real future branches instead of tourism fossils.