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Dirt Cheap: America's Lands in Speculators' Hands

Dirt Cheap: America's Lands in Speculators' Hands

America's Lands in Speculators' Hands
Tuesday, November 8, 2005

A little-known provision in the current House budget reconciliation could precipitate one of the largest land giveaways in American history. The provision, spearheaded by Rep. Richard Pombo of California, would put up for sale millions of acres of public land where companies have staked mining claims, including land inside or adjacent to national parks, wilderness areas and other natural treasures. Real estate speculators, oil and gas companies, foreign mining corporations or anyone who is willing to pay $1,000 per acre could buy the land and develop it in any way they wanted.

Key Issues, Toxics, Health Concerns: