Putting a socialist fundamentally hostile to this country in the White House is opening thousands of cuts both large and small. The blood loss they cause will eventually be devastating. A particularly nasty cut calls for $billions of our wealth to be redistributed abroad by bureaucrats headquartered in Jamaica:
That’s what will surely happen if the U.S. Senate gives its advice and consent to the United Nations Convention on the Law of the Sea, a deeply flawed treaty that was rejected by President Ronald Reagan in 1982. (The treaty was revived by President Clinton, who sent it to the Senate in 1994. It has languished there ever since.) The Obama administration is pushing for Senate action on the treaty, and Sen. John Kerry, D-Mass., is currently scheduling a series of hearings to extol the purported benefits of LOST, the first of which is set for May 23.
By assisting Obama, Hanoi John can take revenge on the USA for 2004.
Of course, the vampire must feed, and its sustenance is American dollars, sucked out of the U.S. Treasury by a provision of LOST known as Article 82. If the U.S. joins LOST, it will be required by Article 82 to forfeit royalties generated from oil and gas development on the continental shelf beyond 200 nautical miles — an area known as the “extended continental shelf” (ECS).
The term for this is international welfare. The idea is to “spread around” American wealth to parasites living beyond our shores, and to keep this blood flowing even after the Manchurian Moonbat is out of office.
On a tip from Artfldgr.