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We Do Not Actually Own Our E-Books

I had an interesting conversation with an Amazon customer rep tonight. I came to realize that I do not actually own the e-books that I have bought from Amazon because I do not have the right to loan most of my books, and I also do not have the right to give away my e-books. I demanded my rights. I was told it was not Amazon's policy.
Those of you who have bought e-books, what is your opinion about my issue?
A book was mentioned just to fill that requirement.
Those of you who have bought e-books, what is your opinion about my issue?
A book was mentioned just to fill that requirement.
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