WhatFinger

LOST could have other negative consequences by exposing U.S. industry and manufacturing to baseless international lawsuits.

The Danger of Article 82 and Obama’s Latest Treaty


Back in 1982, President Ronald Reagan decided not to sign a treaty known as “Law of the Sea” (LOST), a United Nations convention that would raid America’s treasury for billions of dollars, then redistribute that wealth to the rest of the world by an international bureaucracy headquartered in Kingston, Jamaica. But today, the Obama Administration has revived that treaty, and tomorrow Senator John Kerry (D-MA) will hold hearings designed to illustrate its supposed benefits and generate support for its ratification. Without a doubt, Reagan’s decision should stand, and LOST should remain relegated to the trash bin of history.
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