In the article above, Ogdan suggests that Texas retirement funds should be invested to build these roads. The question that follows that suggestion is, if the foreign investors offer a better deal than the teacher retirement fund offers, who should be awarded? And the next question is, if the teacher retirement fund invests in the roads, is not the state ultimately liable.
First answer: to Heck with foreign investors (but you knew I would say that)
Second: Does the state pay into the TRF? I know they’re not eligable for SS and have a lot of their monies invested in rather risky markets.
I don’t see why investing in what will inevitably be toll roads is such a bad move. The foreigners seem to like it.