Tag: property rights

Why Are Indian Reservations So Poor?

7:45 pm

Why are Indian reservations so poor? (Link fixed. Sorry.)

The vast majority of land on reservations is held communally. That means residents can’t get clear title to the land where their home sits, one reason for the abundance of mobile homes on reservations. This makes it hard for Native Americans to establish credit and borrow money to improve their homes because they can’t use the land as collateral–and investing in something you don’t own makes little sense, anyway.
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“Markets haven’t been allowed to operate in reserve lands,” says [Manny Jules, a former chief of the Kamloops Indian band in British Columbia]. “We’ve been legislated out of the economy. When you don’t have individual property rights, you can’t build, you can’t be bonded, you can’t pass on wealth. A lot of small businesses never get started because people can’t leverage property [to raise funds].

Hat tip Ace of Spades.

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India pushes for a sharing of intellectual property rights at Durban climate talks

9:40 am

India pushes for a sharing of intellectual property rights at Durban climate talks.

If you ever had any doubts about the political goals behind the global warming movement, this headline and story should put those forever to rest. The advocates of climate change really don’t care about climate change. What they really want is to get their hands on other people’s success. Failing to get a deal that would limit the activities of the developed countries so that the developing countries would have an advantage in the free market, the effort is now aimed at attacking and even eliminating the property rights of private technology companies. What this has to do with climate change is beyond me.

That India is leading the way here is puzzling, however, as that country’s economic success in the past decade is solely due to its abandonment of communist ideals in favor of capitalism and the free market. You would think, with that experience, that India’s government would thus understand the importance of protecting property rights, not violating them.

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Apollo astronaut has been forced to return camera to NASA

7:43 am

Apollo astronaut Edgar Mitchell has been forced to return to NASA the camera he used on the Moon.

[He had been allowed to keep the camera after his return in accordance with] a practice within the 1970’s astronaut office that allowed the Apollo astronauts to keep equipment that hadn’t been intended to return from the moon so long as the items did not exceed weight limitations and were approved by management.

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NASA steals moon rock given to widow of NASA engineer

7:53 am

In a sting operation, NASA steals a moon rock from the widow of an retired NASA engineer.

Five months after NASA investigators and local agents swooped into the restaurant and hailed their operation as a cautionary tale for anyone trying to sell national treasure, no charges have been filed, NASA isn’t talking and the case appears stalled. The target, Joann Davis, a grandmother who says she was trying to raise money for her sick son, asserts the lunar material was rightfully hers, having been given to her space-engineer husband by Neil Armstrong in the 1970s.

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Police confiscate a woman’s legal guns, refuse to return them

6:18 pm

Fire them! Police confiscate a woman’s legal guns, then refuse to return them despite admitting they are legally owned.

Her cache [of weapons] somehow caught the attention of Lakewood Police, who paid a visit last September. When they found Rice wasn’t home, they asked an obliging employee of the complex to open up the apartment without her consent. Once inside, they raided the gun rack, making off with 13 firearms worth around $15,000. The only problem: They had no apparent reason to. [emphasis mine]

Not only did the police essentially steal her property, they entered her apartment illegally.

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