posted on Feb, 15 2013 @ 03:12 PM
reply to post by jibeho
1. Loss of our national sovereignty. The treaty was created during the 1970s and according to a report by the Competitive Enterprise Institute (CEI),
“it is a monument to the failed socialist thinking of a bygone era.” The treaty creates a global government that supersedes all national
governments and the U.S. Constitution. That’s why President Reagan refused to sign LOST in 1982, and it has been hanging around like a lost soul
The limit will still be at 200 miles so where is the loss of national sovereignty? There was no loss before so why after?
2. International taxation. According to LOST, the oil, minerals, fish and other resources of the ocean are the “common heritage of mankind,” so
any nation with the capability to harvest those resources must share the wealth. The U.S. would owe a tax of 7 percent on anything it recovers on or
under the deep ocean floor, which would be redistributed according to a new International Seabed Authority, headquartered in Kingston, Jamaica.
According to Sen. James Inhofe (R-Okla.), “This is the first time in history that an international organization…would possess taxing authority
over the United States.”
And we have a winner. All of these companies like Walmart and Apple will start to lose money and make it not worth exploiting slave labor in third
3. Giving away our technology. LOST requires all states to “cooperate in promoting the transfer of technology and scientific knowledge” to explore
and recover resources in the ocean. U.S. innovations in robotics, geologic mapping and deep-water drilling would be transferred to hostile nations and
corrupt third-world dictators. In 1994, President Clinton signed the treaty. Although the Senate refused to ratify it, CEI reports that his
administration insisted on following this provision of LOST and giving American microbathymetry equipment and advanced sonar technology to China, to
prospect for minerals in the ocean. Unfortunately, the technology could also be used for anti-submarine warfare.
We have signed so many treaties saying we will share tech it's not even funny. Ones like the NPT saying we will share nuke technology.
Take a guess who helped Iran on the nuclear path.
4. Back door cap and trade. “For ten years now, since the Kyoto treaty [was formed], the U.S. House and Senate have rejected over and over again the
idea of cap and trade, that would amount to a tax on the American people somewhere between $300 billion and $400 billion,” Senator Inhofe said in a
Senate Foreign Relations Committee hearing. “They are attempting to do under this LOST treaty what they couldn’t do with legislation.”
Wow two parts whining about taxing corporations which leads to the elite. No wonder they buy so many politicians.
I could go on but crying about the LOST treaty is pretty much a joke.