International Tax Coming Soon To Bankrupt The United States

Ozzy Bon Halen · May 24, 2012

Americans despise taxes. After all, one of the key issues that paved the way for the American Revolution was the unfair taxation that King George III levied against the Colonies.
Now some in the US Senate want to say yes to an international tax. It would be the first time in history that an international organization would possess taxing authority, and it would amount to billions of American dollars being transferred out of the US Treasury.
The U.N. Convention on the Law of the Sea, or the Law of the Sea Treaty (LOST) is the vehicle through which such taxes would be imposed on U.S.-based commercial enterprises.
The treaty that Reagan refused to sign in 1982 is reappearing once again in the Senate. The truth is, LOST contains numerous provisions that hurt the U.S. economy at a time when we need more jobs – not fewer.
Under the guise of being for “the good of mankind, ” LOST would obligate the United States to share information and technology in what amounts to global taxes and technology transfer requirements that are really nothing more than an attempt to redistribute U.S. wealth to the Third World.

The current HNIC is down with that "redistribute the wealth" shit.

At the center of these taxes and transfers is the International Seabed Authority (ISA), a Kingston, Jamaica based supra-national governing body established by the treaty for the purpose of redistributing cash and technology from the “developed world” to the “developing world.”

The United Nations clearly sucks dick! That has to be the most retarded shit I've heard in a long time. Meh.

Ceding authority to the ISA would mean that the sovereignty currently held by the U.S. over the natural resources located on large parts of the continental shelf would be lost. That loss would mean lost revenue for the US government in the form of lost royalties that the U.S. government collects from the production of those resources. According to the U.S. Extended Continental Shelf Task Force, which is currently mapping the continental shelf, the resources there “may be worth billions if not trillions” of dollars.

It just gets better...........
http://www.foxnews.com/opinion/2012/05/23/law-sea-treaty-will-sink-america-economy/#ixzz1vss1kU5K

Poaster1690 · May 24, 2012

Romney would end that on day one if elected, you know Obama won't.

MadScienceType · May 25, 2012

No he wouldn't. He would just make sure the lucre was redirected to Israel.

Poaster1690 · May 25, 2012

MadScienceType said: ↑

No he wouldn't. He would just make sure the lucre was redirected to Israel.

Absolute nonsense, I even have my doubts on this 'Law of the Sea Treaty' actually happening with Obama, there would be so much opposition to it, the country cannot afford anything this destructive.

Poaster1690 · May 25, 2012

Again, Dick, Please Stop your Alarmist Tactics to bring Attention to yourself!
ALL TREATIES MUST HAVE TWO-THIRDS SENATE APPROVAL TO PASS!!
That means 67 Yes Votes!
3martijns
2 days ago

MadScienceType · May 25, 2012

Barbarian said: ↑

Absolute nonsense, I even have my doubts on this 'Law of the Sea Treaty' actually happening with Obama, there would be so much opposition to it, the country cannot afford anything this destructive.

LOL. This country can't afford a lot of destructive things that have come to pass, the 1965 Immigration Act being just one example. If there's a "dumb" rep button, why isn't there a "naive" one?

Poaster1690 · May 25, 2012

MadScienceType said: ↑

LOL. This country can't afford a lot of destructive things that have come to pass, the 1965 Immigration Act being just one example. If there's a "dumb" rep button, why isn't there a "naive" one?

If the quoted information in post #5 is true this Law of the Sea Treaty will never pass it will not get even close to 67 Yes votes, I don't think Obamacare had anywhere near that amount.

MadScienceType you are a decent enough guy, but sometimes it is best to put the Phora-pot down, smoking the same stuff as Angler, Jake Featherston, Starr, and several of those other retarded nitwits over there is not good for one's health.

PPACA passed the Senate on December 24, 2009, by a vote of 60–39 with all Democrats and two Independents voting for, and all Republicans voting against.[9] It passed the House of Representatives on March 21, 2010, by a vote of 219–212, with 34 Democrats and all 178 Republicans voting against the bill.[10]

http://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act

Current party standings

Main article: List of current United States Senators
The party composition of the Senate after January 3, 2011:

Affiliation
Members
Note
Democratic Party
51
Republican Party
47
Independent
2
Both caucus with the Democrats

Total
100

http://en.wikipedia.org/wiki/United_States_Senate

Poaster1690 · May 25, 2012

The Basics of Treaty Ratification in the U.S. Senate

The Senate does not actually ratify treaties—that is the job of the President:

The Senate provides advice (on the substance) and consent (with two-thirds of the Senate required to approve a treaty)

The Senate considers on the Senate floor the text of the treaty and the resolution of ratification

http://armscontrolcenter.org/policy/nuclearweapons/articles/basics_of_treaty_ratification_senate/

MadScienceType · May 25, 2012

Hmmm. I'm smoking Marlboros.

http://www.politicsdaily.com/2010/12/22/senate-ratifies-start-treaty-71-to-26/

Poaster1690 · May 25, 2012

MadScienceType said: ↑

Hmmm. I'm smoking Marlboros.

http://www.politicsdaily.com/2010/12/22/senate-ratifies-start-treaty-71-to-26/

There will not be anywhere near 67 votes for the Law of the Sea Treaty.

Log in or Sign up

International Tax Coming Soon To Bankrupt The United States

Ozzy Bon Halen LOLworthy Threadmonkey & Critic Of Texas Dentistry

Poaster1690 x

MadScienceType Weaponized diversity.

Poaster1690 x

Poaster1690 x

MadScienceType Weaponized diversity.

Poaster1690 x

Poaster1690 x

MadScienceType Weaponized diversity.

Poaster1690 x

Share This Page