Life in Rahm’s Chicago. Who do you Trust?

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In 2012 Rahm and Bill Clinton announced the creation of the Infrastructure Trust.

They claimed it was a way to address the city’s decaying infrastructure using private sector money.

Today the Infrastructure Trust will announce it’s first project: A $27 million plan to retrofit City Hall and some other public buildings and make them more energy efficient.

Who could be against energy efficiency?

Unlike Springfield’s Capitol restoration, the project  probably won’t include copper doors.

The Infrastructure Trust’s plan is for the energy retrofit to be paid for in part by  a proposed “feed-in tariff” that reimburses the Trust by ComEd.

According to Crain’s the “feed-in tariff” is a flat fee charged to ratepayers that Infrastructure Trust collects based on the amount of power savings it could achieve.

Who is paying for all this? We are. But it’s all done by Rahm’s private sector friends through the Infrastructure Trust. No need for the government to be involved in infrastructure work. That would mean oversight and transparency.

Why is it called “Trust”?

One thought on “Life in Rahm’s Chicago. Who do you Trust?

  1. The net effect of TIFs and this Insiders’ Trust is to make taxation incomprehensible to average people and revenue more accessible to connected insiders. It’s the opposite of transparency and makes accountability basically impossible.

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