Back in Austin, Governor Perry sent a letter on September 25th, to the chairs of both the Employee Retirement System of Texas and the Teacher Retirement System of Texas to begin the divestment of ERS and TRS funds with companies that do business with Iran. As Governor Perry stated in his letter, Iran "is an epicenter for terrorist activity, having provided a safe haven, training and equipment to Al Qaeda." With the world's tenth largest economy, Texas has the economic clout to set an example for other states and businesses in similar situations. The Governor has also asked that other large state investment funds begin to divest as well. Unified, we can send a message, loud and clear, that Texas will not do business with those who seek to harm our fellow Americans. Governor Perry intends to ask other Governors to join him in this action.
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