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WASHINGTON-For the second time in three years, the Bush administration is putting on a major effort for Senate ratification of the United Nations' Law of the Sea Treaty, a wide-ranging measure critics say will grant the U.N. control of 70 percent of the planet under its oceans.With Democrats in nearly unanimous agreement with the treaty and the Bush administration behind it, it will be up to a handful of determined Republican senators to derail it from getting a two-thirds vote in the upper house.The treaty is currently under review by the Senate Foreign Relations Committee and could be approved by the entire Senate in the next three weeks, before popular opposition has a chance to grow.This is not the first time LOST has come up, of course. International negotiators drafted it in 1982 in an attempt to establish a comprehensive legal regime for international management of the seas and their resources. President Ronald Reagan, however, refused to sign LOST because he realized that the treaty doesn't serve U.S. interests.In 1994, however, President Clinton signed a revised version of the treaty and forwarded it to the Senate. The record shows the Senate was not convinced the 1994 changes corrected the problems, and it has deferred action on the treaty ever since.The Heritage Foundation warns the treaty would have unintended consequences for U.S. interests – including a threat to sovereignty.The conservative think tank says "bureaucracies established by multilateral treaties often lack the transparency and accountability necessary to ensure that they are untainted by corruption, mismanagement or inappropriate claims of authority. The LOST bureaucracy is called the International Seabed Authority Secretariat, which has a strong incentive to enhance its own authority at the expense of state sovereignty.""For example, this treaty would impose taxes on U.S. companies engaged in extracting resources from the ocean floor," write Heritage fellows Baker Spring and Brett D. Schaefer. "This would give the treaty's secretariat an independent revenue stream that would remove a key check on its authority. After all, once a bureaucracy has its own source of funding, it needs answer only to itself.""The US should be wary of joining sweeping multilateral treaties negotiated under the auspices of the United Nations," say Spring and Schaefer of Heritage. "Specifically, the benefit to U.S. national interests should be indisputable and clearly outweigh the predictable negative consequences of ratification."To read more go to:
As in the days of Noah....
