
“In the 1970s, the Federal Land Policy and Management Act shifted the focus of the Bureau of Land Management from resource extraction to conservation. The policy marked the beginning of the Sagebrush Rebellion, a grass-roots revolt among ranchers, loggers and miners against environmental laws, like the 1964 Wilderness Act and the 1973 Endangered Species Act. Rural communities believed these new restrictions and regulations undermined their prosperity and shifted the fate of small-town economies into the hands of the federal government.”
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Marc Faber - CNBC TV 18 - 06 Aug 2012