Wednesday, March 02, 2005

 

Fire Sale on U.S. Sovereignty, Courtesy of the Senate Foreign Relations Committe

By a vote of 19 to 0, the Senate Foreign Relations Committe has approved the Law of the Sea Treaty (LOST), which was rejected by Ronald Reagan as a great leap forwards towards socialism. Unless 34 Senators can be counted on to vote against it, this treaty will go into effect. And according to Condoleeza Rice, President Bush wants this treaty to take effect.

Under LOST, a transnational tribune -- The International Seabed Authority, would be set up with authority over all the world's oceans. Phyllis Schlafly, in her Eagle Forum web site writes that the ISA would be empowered to do the following:

levy international taxes

regulate ocean research and exploration

impose production quotas for deep sea mining and oil production

create an international court system to enforce its judgments

mandate the sharing of information and technology to rogue states


So call your Senators and tell them you want no part of this.
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