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Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
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German Village Proves: Local Leadership + Engineers + Local Investment Works
By Christie Allen
Wildpoldsried produces 321 percent more energy than it needs and is generating $5.7 million in annual revenue — a remarkable accomplishment for a modest farming community that has been able to invest in new municipal infrastructure without going into debt.
In 1997, when the newly elected Mayor and Village Council of Wildpoldsried, Germany took their posts, everyone agreed that its goals should be to build new industry, keep initiatives local, bring in new revenues and create no debt. Those goals included construction of a new sports hall, theater stage, pub, and retirement house. Without going into debt, the mayor and council assumed it would take several decades to achieve. But clever thinking, a national policy that “paid back” on investments in renewable energy and a community-supported vision of environmental and economic stewardship, have led to fulfilling those goals in significantly less time. This article tells the story of Wildpoldsried, a small agricultural village in the state of Bavaria, which serves as a model of how to achieve community sustainability in the 21st century — and remain debt-free.
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