September 27, 2007

Texas Governor Asks State Pensions to End Investments in Iran

Good for Texas. From Texas Governor Asks State Pensions to End Investments in Iran:

Texas Governor Rick Perry asked the state's largest public pension funds to stop investing in companies doing business in Iran because of its support of state-sponsored terrorism and aggressive stance against Israel. Perry requested that the $24.9 billion Employee Retirement System and $108 billion Teachers Retirement System pull investments from some of the 400 companies with ties to Iran. "While Texas cannot set its own foreign policy, we can send a strong message that Texans will not condone Iran's continued support of those seeking to do harm to our men and women in uniform,'' Perry said.