"The second story involved a 75-year-old man who wants to charge the Oglala Sioux Tribe in South Dakota $4 million for a 40-acre parcel of land that sits next to where more than 300 of their ancestors are buried at Wounded Knee. The land is also the site of a trading post that burned to the ground during the 1973 Wounded Knee uprising.

According to the AP, the land was appraised for less than $7,000.

The 75-year-old gentleman recently told the tribe that if they don't purchase the land, he'll sell it to the highest bidder, regardless of whether they are a member of the tribe or not.

I can understand wanting to get some compensation for selling such a large parcel of land. I can also understand that the historical significance of the property might increase the value of the land.

But to charge someone more than 560 times what a property is worth is ridiculous - especially a people who have such a horrifically tragic connection to that land."

Get the Story:
Suzanne Adams: The entitlement complex (The Kingman Daily Miner 2/15)

Related Stories:
Oglala Sioux Tribe balks at asking price for Wounded Knee site (2/14)
Native Sun News: Wounded Knee site put up for sale at $3.9M (2/6)