“We are advocating that the US government start a programme to invest a massive amount of equity, in the form of public and private equity partnership, in US infrastructure…If the conditions are right, and if, on a risk return basis, we believe this is a good investment…But of course, we want to emphasize the fact that we are going to be a passive investor. We’re not here to run anything or to own anything.”
Practically, it makes sense to have these funds investing in US infrastructure. Consider that the American Society of Civil Engineers said in 2009 that the US needed $2.2 trillion worth of investment to bring basic infrastructure into a level of good repair. But, I’m sorry to say, politically and socially, it just seems far fetched at this point.
So let’s get back to thinking about the sheer awesomeness of the Giants…