granted, real property rights. john: in canada reserves are on by the government. so the indian has some piece of paper that says this is my lot. but underlying that is the fact that in canada the federal government owns the land. john: so you can t borrow against it. you can borrow, get a mortgage, be bonded. there is nothing that you can have that will allow you to be able to go to the bank on your own without the minister cosigning that loan. john: does bring another guest. economist terry anderson. you find indians do much better when they own their own land. yes. i first get interested in this subject in 1976 when i visited a member of the flathead indian reservation. and while visiting his house i noted just how well off he was. he was not in poverty.
nobody chooses poverty. we have been legislated by the federal government s both in the united states and canada. john: they have been taking care of you. that sounds like the best deal. well, by taking care of us that means providing social welfare programs. the only way to break the cycle of poverty, i believe, is by the recognition that every other canadian and american takes for granted, real property rights. john: in canada reserves are on by the government. so the indian has some piece of paper that says this is my lot. but underlying that is the fact that in canada the federal government owns the land. john: so you can t borrow against it. you can borrow, get a mortgage, be bonded. there is nothing that you can have that will allow you to be