Monday, May 21, 2012

Will U.S. Sovereignty Be LOST At Sea? Obama Supports U.N. Treaty That Redistributes Drilling Revenues

A proposed Law of the Sea Treaty (LOST), which is supported by President Obama but has not yet been ratified by Congress, will subordinate U.S. naval and drilling operations beyond 200 miles of our coast to a newly established U.N. bureaucracy. If approved, it will grant a Kingston, Jamaica-based International Seabed Authority (ISA) the power to regulate deep-sea oil exploration, seabed mining, and fishing rights.

Read more at Forbes

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