Obama Administration Is Set to Give Away American Sovereignty to U.N.
MICHAEL WARE
FreedomOutpost.com
APRIL 10, 2016
Not unlike the Climate Treaty Obama signed lasts summer, there is now in the works a similar treaty which will give vast control of the world’s oceans over to the U.N. This move will once again grant to the U.N. authority that the Constitution forbids.
Fox reports:
The United Nations has launched a far-reaching initiative that could give U.N.-sponsored authorities sway over the biological resources of the high seas—all the waters that lie outside national territories and economic zones.
The potential shift in power involves multi-trillion-dollar issues, such as whether large areas—conceivably, as much as 30 percent– of the world’s international waters should be designated as no-go areas to protect biological diversity; whether and how to require elaborate “environmental impact assessments” for future ocean development projects; and how to divide up the economic benefits from the future development of “marine genetic resources.”
This treaty has many layers. First, it will set aside large areas for reserves, much like what we see in parks in the Midwest. This will be done in the name of preservation. This will mean that places like the seas off the North East will be closed to fishing.
This will produce a significant economic drop and a shift in wealth. Fish, which was $2.00 a pound, will be $10.00 a pound.
The next thing will be a sharing of technology. When someone puts significant amounts of capital into discovering genetic resources, they will have to share with member nations. This will kill most drive for such spending and discovery. It will insure no edge in the market and will eventually come to the country free via someone else’s risk.
And third, there is the never absent sharing of wealth. Within the treaty will be provisions that will make high producers share portions of their profits with lower income nations. This will again stunt production and innovation.
The Rest…HERE
