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Old 02-23-2011, 10:28 AM   #642
You Need a Thneed
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Quote:
Originally Posted by corporatejay View Post
You cannot be serious.
Look at it this way:

They turned down an offer of $130,000+ for every man, woman, and child on the reserve, knowing that turning down the offer meant everyone would get $0.

I'm not saying that every member would just get a cheque, but the reserve would have had a ton of cash, and a lot of development land, build some retail, hotels, etc, and the reserve could have been financially wealthy perpetually. The amount of money was enough so that should have been possible even if the money was managed relatively poorly.

Perhaps the chief and council would have made out like a bandit, however, even if that were the case, the people would have been much more "well off" as well.

$275 million given to a reserve of roughly 2000 people.
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