Germany's Transport Ministry has released a 160-page "Infraplan" covering 2026-2030, setting out targets for track construction, electrification, digitization, station reconstruction, and noise control across the country's notoriously unreliable railroad network. Transport undersecretary Ulrich Lange handed the document to DB InfraGO chairman Philipp Nagl, calling it the government's "central compass" for infrastructure development. The plan introduces eight mandatory performance indicators — kilometers of new track per year, kilometers electrified, minutes of delay caused by infrastructure defects — and commits to annual revisions. One headline target: 155 kilometers of new track by 2030. The system it aims to fix is in dire shape. In September alone, nearly every second long-distance train in Germany was delayed. Here is the structural problem: the Infraplan contains no financing provisions. Railroad renovations currently depend entirely on the annual government budget, meaning every kilometer of track competes with defense, healthcare, and everything else in the Bundestag appropriations cycle. The Transport Ministry says it is working on a separate law to create a multi-year railroad fund, but that law does not yet exist. A plan without secured funding is a wish list with KPIs. The transparency framework is genuinely useful — performance indicators with mandatory targets create accountability hooks that journalists and opposition politicians can use to measure progress. But transparency about failure is not the same as preventing failure. Deutsche Bahn's infrastructure decay is the product of decades of underinvestment, and a five-year plan that defers the financing question to a future legislative process risks repeating the same pattern: ambitious targets, no budget lock-in, quiet downward revision when fiscal reality bites. Elsewhere in Berlin, the coalition leadership met to discuss reform implementation across sectors, while Chancellor Friedrich Merz marked the third anniversary of the October 7 Hamas-led attacks by affirming that "Germany stands firmly at Israel's side." The Cabinet also discussed a bill criminalizing the possession and distribution of rape videos and sexual deepfakes, put forward by Justice Minister Stefanie Hubig. That legislation would also create offences for unauthorized intimate images and fake profiles used to damage reputations. The SPD flagged a separate concern: the election of a far-right AfD politician as a state parliament speaker with votes from other parties, a crossing of the so-called "firewall" that mainstream parties have maintained against formal cooperation with the AfD. That dynamic — the slow normalization of far-right participation in institutional governance — is a resilience question that runs parallel to the infrastructure one. The Infraplan is a step toward institutional accountability, but the German railroad problem is not a transparency problem. It is a capital allocation problem. Until the railroad fund law passes with binding multi-year commitments, the plan is governance theater — well-structured, earnestly presented, and structurally toothless.