More thoughts about American Indians and property rights: When you stand on the Crow reservation near the Little Big Horn, you are standing on 10 billion tons of coal, worth $5 to $10 per ton in the ground. There are about 7000 members of the tribe, so do the math -- if title to the coal were put into a company, the shares sold publicly, and the money distributed, each tribe member would get $7 million, minimum.
But around are you is mostly poverty, a result of 150 years of U.S. government policy of contempt for indiividual rights, incliuding the right to property, of BIA incompetence, and of third-world-style corruption.
The Crow don't even deserve this karma -- they provided the scouts for the 7th Cavalry who warned Custer not to go there.
Link to this Entry | Printer-Friendly | Email a Comment| Post a Comment(0)