Fwd: Bush Buddies Get $155 Million Worth of Federal Land for $875

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Tue, 25 May 2004 15:19:20 -0400

Bush Buddies Get $155 Million Worth of Federal Land for $875

 

 

Bush Buddies Get $155 Million Worth of Federal Land for $875

 

Sure, why not?

 

In April, Bush quietly gave a mining conglomerate larded with his top

contributors a little gift: $155 million worth of federal land, the Denver Post

reports. Invoking an obscure 1872 law designed to help frontier prospectors gain

title to their small mining claims, Bush turned over a swathe of prime Colorado

mountaintop property to the firm of Dodge Phelps, whose board is packed with oil

men, military contractors and official Bush " Pioneers " : corporate fat cats

who've strongarmed at least $100,000 from their friends -- and employees -- for

Bush campaign coffers.

 

Because the never-updated 1872 law requires that federal mining land be sold for

$5 per acre, Bush's bagmen only had to pony up $875 for the whole spread -- in

an area where land is worth a staggering $1 million per acre. The idea is to

build an elite ski playground on the looted public proper

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