Just great. For years we've resisted signing on to the socialistic Law of the Sea Treaty. Well, Bush is now urging "the Senate to act favorably on U.S. accession to the United Nations Convention on the Law of the Sea during this session of Congress."
The LOST was enacted as part of the socialistic New International Economic Order and "permanent sovereignty over natural resources," movement of the 1970s, which resulted in the Middle Eastern oil expropriations and nationalizations of that decade, the international law implications and background of which are discussed in detail in my 2005 Oxford University Press book International Investment, Political Risk, and Dispute Resolution: A Practitioner's Guide.
For criticism of the LOST and reasons why we should not accede to it, see: Watchdog Group Opposes U.N. Law of the Sea Treaty; CEI's The Law of the Sea Treaty: A Bad Deal for America; Doug Bandow's Sink the Law of the Sea Treaty; and for the more hysterical, conspiracy-minded: Socialist was behind U.N. sea treaty; Bush to pressure Senate to revive U.N. sea treaty: Critics say it would put 70% of Earth under control of global bureaucracy; Law of the Sea Treaty Is Stealth Back-Door Effort to Implement the Global Warming Treaty; Anti-War Pacifist Group Had Behind-the-Scenes Role in Drafting the Pact; Secret Agenda: Law of the Sea Treaty Provides Elements of World Government; U.N. "Mother of the Oceans" Exposed as Radical Socialist and Loony Leftist Who "Taught" Dogs to Type and Play Piano.
