U.S. To Pay Navajo Tribe $554 Million In Landmark Settlement

[jimmy olsen]

I would have held out for more.

http://www.huffingtonpost.com/2014/09/24/us-navajo-settlement_n_5878812.html?utm_hp_ref=green&ir=Green

U.S. To Pay Navajo Tribe $554 Million In Landmark Settlement
Reuters
Posted: 09/24/2014 7:53 pm EDT Updated: 09/25/2014 11:59 am EDT
By Steve Gorman

Sept 24 (Reuters) - The Obama administration has agreed to pay the Navajo Nation a record $554 million to settle longstanding claims by America's largest Indian tribe that its funds and natural resources were mishandled for decades by the U.S. government.

The accord, resolving claims that date back as far as 50 years and marking the biggest U.S. legal settlement with a single tribe, will be formally signed at a ceremony on Friday in Window Rock, Arizona, the capital of the sprawling Navajo reservation.

The deal stems from litigation accusing the government of mismanaging Navajo trust accounts and resources on more than 14 million acres (5.7 million hectares) of land held in trust for the tribe and leased for such purposes as farming, energy development, logging and mining.

In return for $554 million, the Navajo agreed to dismiss its lawsuit and forego further litigation over previous U.S. management of Navajo funds and resources held in trust by the federal government.

The deal does not preclude the tribe from pursuing future trust claims, or any separate claims over water and uranium pollution on its reservation, Navajo Attorney General Harrison Tsosie said.

He declined to quantify the total sum the Navajo had claimed it was owed before the settlement, saying he needed to review non-disclosure clauses.

Navajo Nation President Ben Shelly hailed the outcome as a "victory for tribal sovereignty" and promised to host town hall meetings to decide how to allocate settlement funds.

The Navajo Nation is the most populous American Indian tribe, with more than 300,000 members, and the largest by land mass, occupying 27,000 square miles (70,000 sq km) across Arizona, New Mexico and Utah.

"After a long, hard-won process, I am pleased that we have finally come to a resolution on this matter to receive fair and just compensation for the Navajo Nation," Shelly said in a statement.

U.S. Attorney General Eric Holder called the agreement historic and said it showed the Justice Department's commitment to "strengthening our partnership with tribal nations."

The deal comes over two years after the administration announced similar settlements with 41 tribes for about $1 billion collectively. Since then, the government has resolved breach of trust claims by nearly 40 additional tribes for more than $1.5 billion, a U.S. Justice Department official said.

Shelly publicly disclosed in May that the Navajo had reached an agreement in principle. The sides revealed on Wednesday that the deal had been fully approved and executed. (Reporting by Steve Gorman from Los Angeles; Additional reporting by Julia Edwards in Washington; Editing by Sandra Maler)

[CountDeMoney]

I would have held out for more.

OK, Dances with Ebola.

[garbon]

I would have held out for more.

OK, Dances with Ebola.

[jimmy olsen]

I would have held out for more.

OK, Dances with Ebola.

50 years of mismanagement over the resources of 14 million acres and they only got the equivalent of $11 million a year.

[MadImmortalMan]

Please. The rest of us are living with a hundred years of mismanagement of 300 million acres. 

[Neil]

You want to see mismanagement?  Just wait until you see what happens with this settlement money.  A lot of members of tribal government are going to be stealing a lot of money.

[grumbler]

You want to see mismanagement?  Just wait until you see what happens with this settlement money.  A lot of members of tribal government are going to be stealing a lot of money.

Yep.  The Navajo government is considered one of the more honest tribal governments, but that just means that it is only thoroughly (rather than unbelievably) corrupt.

[derspiess]

That could buy an awful lot of fire-water.

[KRonn]

Nice, a new treaty between American Indians and the US government!   

[11B4V]

Nice, a new treaty between American Indians and the US government!   

One must keep up the appearances. Good will towards the injun.

[Tonitrus]

And the red man is right, to expect a little from you
Promise and then follow through, America

[11B4V]

And the red man is right, to expect a little from you
Promise and then follow through, America

We do.

1. Sign a Treaty
then
2. Break a Treaty

[HVC]

The money would be better spent on blankets.

[Neil]

The money would be better spent on blankets.

It will be, along with Escalades and new McMansions for tribal leaders and their close relatives.

[DontSayBanana]

It will be, along with Escalades and new McMansions for tribal leaders and their close relatives.

Did you miss the point of HVC's rather tactless joke?  Or was that deliberately ignoring it?