Daily PUMA Column - Commentary by Alessandro Machi

Thursday, October 21, 2021

Texas Firefighters Union invests 25 million in Crypto rather than invest in their own State's Infrastructure.

There is something sniveling about any State Union Pension fund that invests massive amounts of their pension money outside of their own State. Whether or not the Texas Firefighters Crypto Investment crashes, The Texas Firefighters Pension fund could not find anything in Texas to invest in?  

Seriously?  
And if this crypto fund crashes, the pension fund investment will be bailed out by guess whom, the same people who could have directly benefited from the 25 million being directly invested within their own State, Texas Taxpayers.

Why are Democrats so hot to spend trillions on infrastructure on a Federal level while looking the other way at how little State Sanctioned Unions are investing on infrastructure in their own State? 

Considering Texas is considered a Red State all the more suspicious why Democrat Politicians don't question the practice of investing taxpayer generated wages into out of State pension investments.

Please consider signing the Debt Neutrality Petition by clicking here.

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