Watch Out Teacher Retirement System Might Fund Trans-Texas Corridor

Cronyism and the Corridor
Monday, October 12, 2009
posted by paulburka at 3:07 PM
Source: Burkablog: Texas Monthly.

The Statesman reported yesterday that Governor Perry is removing Linus Wright, a former Dallas school superintendent, as chair of the board that oversees the $88 billion Teacher Retirement System and will replace him with a current board member who is also a member of Perry’s campaign finance team, Dallas real estate investor R. David Kelly. (Wright succeeded Jim Lee, who was one of three co-chairs of the Perry fundraising apparatus; Lee had resigned in the wake of news reports that he had run up six-figure gambling debts in Las Vegas.)

The removal of Wright occurred just a few days after Perry had announced the death of the Trans-Texas Corridor.

In my humble opinion this is something we need to watch and keep in check. If TRS is raped to fund the TTC we loose twice.