FLASHBACK - Native American trust fund accounting botched by U.S.

The suit, first filed in 1996 by Blackfeet Indian Elouise Cobell, claims the government has mismanaged more than $100 billion in oil, gas, timber and other royalties held in trust from Indian lands dating back to 1887.

Webmaster's Commentary: 

In a nutshell, these cases, far too common to be mere accident, reveal that the US Government has done the same thing to the Native American trust funds that it did to Social Security; loot them for extra cash to float along the debt-stricken government.

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