Another "bold idea" from Chicago's Mayor Rahm Emanuel has proven to be a fiasco that not only has failed to achieve its stated objective, but has cost Chicago taxpayers millions of dollars.  Tim Novak, of the Chicago Sun-Times Watchdog team, has examined the Chicago Infrastructure Trust, which was launched in 2012 with much fanfare – including a visit and endorsement by Bill Clinton, who used to be President of the United States. The trust was supposed to be a "bold idea" to the effect "that private financing could be found for much-needed, big-ticket improvements for the city, making it possible to get more of them done sooner and sparing taxpayers from having to foot the bills."  But: ... the infrastructure trust has fallen short of the expectations the mayor laid out. It has yet to raise a dime in private financing for a single public works project, records show. At the same time, it has cost Chicago...(Read Full Post)