In a nutshell, it's an agreement that hands over control of the high seas and the ocean floor to the International Seabed Authority, a wholly owned subsidiary of the United Nations and the third-world, and signals the end of our right to sail the world in freedom!

According to out Constitution, if the Senate passes it and the President signs it, it becomes law.

That's why Ronald Reagan blocked it so many years ago. He knew exactly what it contained and said, "Over my dead body!"

According to Carrie E. Donovan of the Heritage Foundation, Reagan had three major objections.

First , he objected to the International Seabed Authority (ISA), an organization designed to shake-down United States mining and maritime companies by requiring an application fee of $500,000, an annual fee of $1 million, and a percentage of profits -- up to 7 percent. These companies will be required to share their mining and navigational technology. And, oh yes, the ISA is run by third-world countries.

Second, Reagan understood the true purpose of restricting the world's supply of minerals by limiting access to the sea floor. It was to force nations to buy from land-locked third-world countries.

And third, he objected to the establishment of a United Nations style court to rule the waves and rule against the USA.

Reagan regarded himself as President of the United States rather than Savior of the Third World. He wasn't willing to surrender an inch of American sovereignty and would never condone forcing American corporations to kneel and pay tribute to a bunch of third-world despots.

We know today, what Reagan knew then. If this treaty is approved by the Senate, Americans will surrender freedoms they can never regain.

We will no longer be ruled by the Constitution. Instead, they will be ordered about by the likes of Kofi Annan and corrupt United Nations potentates who rule countries that would fit into the hip pocket of Rhode Island.

What Will LOST Do?

In addition to control over mining and minerals, here are some of the powers LOST would take away from Americans and give to a United Nations body:

LOST would give a United Nations body the sole power to issue permits for fishing, drilling, and mining operations on the high seas.

Approval of LOST would mean Iran, Saudi Arabia, and Syria could gang up with nations the size of a postage stamp to prevent the US from ending its dependency on foreign oil.

If the Senate approved LOST, our fishermen would have to go down on their knees and beg a United Nations body for licenses to catch fish in deep waters. In effect, all fish would belong to Africa and Asia -- because these continents ARE the United Nations.

That's not all. It gets worse, much worse.

The Seabed Authority would be organized like the General Assembly: one nation, one vote. That means that Zimbabwe would have as much power over the oceans and seas as the United States of America.

If LOST is ratified, the Seabed Authority would have the power TO IMPOSE TAXES ON THE PEOPLE OF THE UNITED STATES.

LOST would empower the agency to cripple the UNITED STATES NAVY -- one of the most powerful forces for good in the world today -- and leave us vulnerable to ship-based Cruise missiles.

If we give up our sovereignty, we give up our security. Oliver North explains why LOST endangers the lives and freedom of Americans by tying the hands of their Navy.

"According to the U.N., the purpose of LOST is to preserve international waters for 'peaceful purposes.' But Articles 19 and 20 of the treaty would proscribe the U.S. Navy from training with weapons, collecting intelligence or interfering with enemy communications in the territorial waters of other states without their expressed permission. Military aircraft are specifically prohibited from taking off and landing in these waters, and severe limitations would be imposed on loading and unloading 'any commodity, currency or person' including military equipment. Submarines are required to travel on the surface and 'show their flag in territorial waters.' Article 30 states that warships not complying with the laws of a coastal nation can be forced to leave. Disputes over these issues would be adjudicated by international lawyers."

Could we possibly fight a war under those conditions? Obviously not. Yet right now, the United States Navy rules the seas.

Why should we give up this advantage while nations like Iran, North Korea, and China still rattle sabers, call us obscene names, and hate our guts?

The liberal media is keeping relatively quiet about this treaty, because they know it can be whipped if good Americans wake up.

In 1994, President Bill Clinton signed LOST -- with Hillary looking over his shoulder -- and sent it to the GOP Senate for ratification.

Heroic Jesse Helms -- long-time chairman of the Senate Foreign Relations Committee -- managed to bottle up the bill UNTIL George W Bush took over.

Then -- for reasons only RINOs could possibly understand -- Richard Lugar, Helms's replacement, put LOST on the front burner in 2004.

He allowed only supporters of the treaty to testify in support of the treaty.

Then he tried to ram this monstrous surrender of our sovereignty through the Senate -- WITHOUT DEBATE AND WITHOUT A RECORDED VOTE.

Why? So the American people would never know how their senators conspired to betray them!

And recently, they tried to do it again.

But guess what? Now that you are awake... they are listening!

NOW IT'S TIME TO FINISH THE JOB!

From GrassTopsUSA