The trust fund, called the Individual Indian Money trust, begun in 1887 when many Indian tribes were moved off 90 million acres of their land. At the time, they were granted royalties from the leasing of oil, mineral or access rights to a remaining 11 million acres.
This fund, now generating about $500 million per year to 300,000 shareholders, has been chronically mismanaged by the Interior Department.
The Native American Trust Fund and Elouise Cobell, treasurer of the Blackfeet tribe in Montana, sued the government alleging mismanagement in 1996. The Indians say they are owed at least $10 billion in lost, stolen or inappropriately billed accounts.
Jerry "The King" Lawler rhymes with ass and hearing him rant like a 12 year old makes me all shades of angry. Every last shade. That's just my 2.45 Yen.
SIGH- Look, "Americans" screwed the natives over big time in the past. This is true, accepted, and indisputible. But, you have to admit, "they" are never getting their land back, and the "whites" and all of the other races that are here now are not going anywhere. Conversly, the native tribes are never going to go back to the ways of their people. They are too westernized. Why do we still have reservations? The cultural climate in this country is very favorable to preserving culture today, we do not need the reservations to preserve what these people were. The land that was given to them is crap anyway, and it is nothing really more than a glorified wasteland for them. Make the reservations full counties, or if big enough, states. Nonesense like that lawsuit are ridiculous. Keeping the reservations are not going to fix the mistakes of the past, and paying "mineral royalties" to a people who are supposed to believe that you cannot own the land is not going to help anything either. Drop the charade, and look at reality. Reservation land is no prize. They can leave whenever they want anyway, and they do already have citizenship. If the reservations were gone, they could still preserve their culture just as well, if not better, than they are now. So why are we still going through the motions on this?
Craig Reade "Pool Boy" Chris Jericho stole my beard. That is right, I had it first.