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.
The rationale for LOST is that it supposedly brings order to the world's oceans, defines the rights and responsibilities of nations as they navigate and conduct business across the seas, protects the marine environment, and allows for the development of natural resources of the deep seabed. On the surface, these all sound like worthwhile goals. The thing is, the United States doesn't need to join another United Nations treaty to make it happen.
For more than 200 years before LOST was adopted in 1982 and for 30 years since then, the U.S. Navy has successfully protected America's maritime interests regardless of the fact that the United States has not signed on to the treaty. The United States' navigational rights and freedoms have been secure, and they are best guaranteed by a strong Navy.
CONTINUED: http://blog.heritage.org/2012/05/22/morning-bell-the-danger-of-article-82-and-obamas-latest-treaty/?roi=echo3-12082694183-8715050-8003883cfb703ec5b46dca36f47a9131&utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell
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