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$3B Bailout: The lead plaintiff, Cobell, said she is hopeful that the settlement can “help break the cycle of poverty that has held too many families in poverty for generations.”
Another Apology: Obama hailed the settlement of the case as an important step to reconcile with Indian tribes.
Fair Settlement: The settlement resolves a 13-year-old dispute in which Indian tribes claim they were swindled out of billions of dollars in oil, gas, grazing, timber and other royalties overseen by the Interior Department since 1887.
A Settlement Agreement has been announced between IIM beneficiaries and the Secretary of the Interior, the Assistant Secretary of the Interior-Indian Affairs, and the Secretary of the Treasury in a long-running class action lawsuit, Cobell v. Salazar. The lawsuit claims that the federal government mismanaged individual Indians' trust accounts. Under the terms of the Settlement, the federal government will create a $1.4 billion Accounting/Trust Administration Fund and a $2 billion Trust Land Consolidation Fund. The Settlement also creates an Indian Education Scholarship fund of up to $60 million to improve access to higher education for Indians.
what the heck did getting all the casinos settle? our government is seriously messed up.
Actually they're truly entitled to more...if they accept the offer, fine, but the feds (all three branches) have been screwing them for a very long time...
cobell settlement...key word here..Settle,,,,This is no win..this is a DISBURSEMENT..by the very dept..that is being VILLIFIED....THANKYOU miss COBELL and PRESIDENT OBAMA.. ..ATTENTION..those of you with land..heirship indexes..BEGIN TO FEEL GRATEFUL to this settlement.firstly,,as each heirship occurred you will notice 2-5 acres become ''escheated'' to The Tribe without your knowledge..or choice...go over it and see...also due to the DEPRESSIVE,OPPRESSIVE area ..And CLIMATE OF DIABETES AND ALCOHOLISM ....NO one FROM ANY ENTITY..cares to enrich your funds by ensuring your to RECEIVE the 21st century rates for anything of your lands...grazing..drilling..power..rite of way passage. cell towers..ANYTHING...no one cares..its THE GHOST SHIP OF ACCOUNTINGS ---and supposedly this is being looked into.....Get YOUR AWARENESS ON!!!..leslie twobear..
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