Re:After 184 years, Cherokees seek House delegate seat promi...
by hurrdurr2 on Wednesday October 16, 2019 @05:51PM
(#21276295)
The federal government continues to horribly mismanage reservation lands and the resources located on them.
"Tribes historically had little or no control over their energy resources. Royalties were set by the Bureau of Indian Affairs, but the agency consistently undervalued Indian resources. A federal commission concluded in 1977 that leases negotiated on behalf of Indians were 'among the poorest agreements ever made.'
Unfortunately, it hasn’t gotten much better. A recent class action suit alleged that the government mismanaged billions of dollars in Indian assets. The case settled in 2009 for $3.4 billion—far less than what was lost by the feds."
"Tribes historically had little or no control over their energy resources. Royalties were set by the Bureau of Indian Affairs, but the agency consistently undervalued Indian resources. A federal commission concluded in 1977 that leases negotiated on behalf of Indians were 'among the poorest agreements ever made.'
Unfortunately, it hasn’t gotten much better. A recent class action suit alleged that the government mismanaged billions of dollars in Indian assets. The case settled in 2009 for $3.4 billion—far less than what was lost by the feds."
https://www.forbes.com/sites/realspin/2014/03/13/5-ways-the-...