A Mardi Gras "Indian" costume nicely shows what the revelers really think of Indians.
On the bottom of the costume is a Plains chief with dark red skin. He's wearing what looks like a tuxedo or another kind of formal wear. Whatever he's wearing, he's a pure stereotype. The chief's headdress and red skin have nothing to do with Louisiana's Indians.
In the middle of the costume is a grotesque Indian caricature with bright red skin and a huge hooked nose. I can't tell what he's wearing...prison stripes? Whatever he's wearing, the stereotypes are even worse. Again, they have nothing to do with Louisiana's Indians.
So...honoring the local Indians with common Native stereotypes from around the country? "Thanks but no thanks," these Indians might respond. "We don't consider stupid stereotypes a la Chief Wahoo and Chief Illiniwek an honor."
For more on the subject, see Mardi Gras Indians in Treme and Exploitation Upsets Mardi Gras Exploiters.