Obama Seeks Sovereignty Surrender Via LOST Treaty


Sovereignty: Even if he’s not re-elected, the president hopes to leave behind a treaty giving a U.N. body veto power over the use of our territorial waters and to which we’d be required to give half of our offshore oil revenue.

The Law Of The Sea Treaty (LOST) has been lurking in the shadows for decades. Like the Kyoto Protocol that pretended to be an effort to save the earth from the poisoned fruit of the Industrial Revolution, LOST pretends to be an effort to protect the world’s oceans from environmental damage and remove it as a cause of potential conflicts between nations.

Like its Kyoto cousin, LOST is an attempt at the global redistribution of power and wealth, the embodiment of the progressive dream of the end of the nation state as we know it and the end of political freedom by giving veto over all of mankind’s activities to a global body — in this case something called the International Seabed Authority, located in Kingston, Jamaica.

The ISA would have the power to regulate 70% of the earth’s surface, placing seabed mining, fishing rights, deep-sea oil exploration and even the activities of the U.S. Navy under control of a global bureaucracy. It even provides for a global tax that would be paid directly to the ISA by companies seeking to develop the resources in and under the world’s oceans.

As Heritage Foundation senior fellow Peter Brookes notes, the U.S. government now can collect royalty revenues from oil and gas companies that wish to drill on our extended continental shelf — the undersea areas beyond 200 miles of our coast. But if we ratify LOST, we’d have to fork over as much as 7% of that revenue to the ISA for redistribution to poorer, landlocked countries.

Read More at investors.com

Senior Obama Administration Adviser Defends Class Warfare By Quoting Karl Marx

Class war is not just inevitable but justifiable writes Rick Bookstaber, who serves on the Obama administraiton’s Financial Stability Oversight Council.

I wonder if he thinks those Occupy Wall Street protesters breaking out the glass of banks is “justifiable.”

Rick Bookstaber, who currently serves on the Financial Stability Oversight Council, the federal body established under the Dodd-Frank Act to “ensure the stability of our nation’s financial system,” took issue with conservative commentator Tucker Carlson’s accusations that liberals were engaging in “class warfare” by seeking to blame the nation’s fiscal problems on a small number of wealthy individuals.

“There is little that matches the artfulness of the rich in waving off criticism of the widening income gap as ‘class warfare,’” Bookstaber wrote. “And there is little that matches the gullibility of the rest in following along.”

“I am not picking sides in this war,” he added, “but I believe such a war is justifiable, and indeed ultimately inevitable.”

Read More at sayanythingblog.com. Rob Port.

How Business-Friendly Is Your State?

Chief Executive’s eighth annual survey of best states to do business shows Another Triumph for Texas
In Chief Executive’s eighth annual survey of CEO opinion of Best and Worst States in which to do business, Texas easily clinched the No. 1 rank, the eighth successive time it has done so. California earns the dubious honor of being ranked dead last for the eighth consecutive year.

This year, 650 business leaders responded to our annual survey, up from 550 in 2011. CEOs were asked to grade states in which they do business among a variety of areas, including tax and regulation, quality of workforce and living environment. The Lone Star State was given high marks foremost for its business-friendly tax and regulatory environment. But its workforce quality, second only to Utah’s, is also highly regarded.

Florida moved up from number three last year to number two.

It is perhaps no coincidence that Texas and Florida have the highest net migration of people to their states from 2001 to 2009. (By contrast, New York and California lost over 1.6 million and 1.5 million in net migration out of the states, respectively, over the same period.)

Read More at globaleconomicanalysis.blogspot.com. By Mike Shedlock.

CIA Derails Plot With Al-Qaida Underwear Bomb

At the FBI’s explosives lab in Virginia, experts are picking apart a sophisticated new al-Qaida bomb to figure out whether it could have slipped past airport security and taken down a commercial airplane, U.S. officials said.

The unexploded bomb represents an intelligence prize, the result of a covert CIA operation in Yemen that thwarted a suicide mission around the anniversary of the killing of Osama bin Laden, officials said. The device did not contain metal, meaning it probably could have passed through an airport metal detector. But it was not clear whether new body scanners used in many airports would have detected it.

The device is an upgrade of the underwear bomb that failed to detonate aboard a jetliner over Detroit on Christmas 2009. This new bomb was also designed to be used in a passenger’s underwear, but this time al-Qaida developed a more refined detonation system, U.S. officials said.

Sen. Dianne Feinstein, D-Calif., who heads the Senate Intelligence Committee, told reporters Monday night that she had been briefed Monday about an “undetectable” device that was “going to be on a U.S.-bound airliner.”

There were no immediate plans to change security procedures at U.S. airports.

Read More at OfficialWire By Adam Goldman and Matt Apuzzo, OfficialWire.

Highlights Of House GOP Budget Cuts

Highlights of House GOP legislation cutting spending by more than $300 billion over the coming decade.

Food Stamps — Cuts $35.8 billion by eliminating benefit increases in President Barack Obama’s economic stimulus and tightening eligibility requirements. Cuts spending by 4 percent over coming decade.

Health Care — Cuts the president’s overhaul law in several ways, saving $66 billion. Cuts include requiring those receiving health insurance subsidies to repay excess subsidies when their income increases, eliminating grants to states to set up health insurance exchanges and repealing a fund for prevention efforts like cancer screenings and immunizations.

Financial Regulation — Repeals several elements of the 2010 Dodd-Frank law to save $30 billion, including $22.5 billion saved by repealing federal liquidation authority of “too big to fail” banks and other financial institutions, financed by assessments on other large institutions. Also eliminates funding for a new consumer protection bureau and a new mortgage assistance program aimed at helping people modify their home loans.

Federal Employee Pensions — Cuts deficits by $83 billion over 10 years, requiring federal workers to contribute more toward their pensions in increments phased in over five years. Workers hired after 1983 would contribute an additional 5 percent for a total contribution of 5.8 percent. Workers in the pre-1983 system — who are ineligible for Social Security — would also pay an additional 5 percent for a total contribution of 12 percent.

Read More at OfficialWire. AP.

Obama might finally acquire elusive internet “kill switch”

For three years Barack Hussein Obama and his handlers have labored to create a functioning dictatorship in the midst of a constitutional republic. It was shamefully easy at first. With unassailable majorities in House and Senate, even a Republican leadership unafraid to contest the excesses of the first black president would have been powerless to slow the implementation of his agenda.

The left passed ObamaCare, giving itself the means of executing a calculated program of attrition against millions of reliably Republican seniors. At the same time, a corrupt Department of Justice worked to undermine the 2nd Amendment, interfered with the effort of states to legislate against voter fraud and facilitated the entry of millions of illegals by refusing to enforce immigration law.

Even a disastrous midterm election has not slowed Obama’s acquisition of power as 190 House Republicans helped vote into law the infamous National Defense Authorization Act (NDAA), providing the Commander and Chief unlimited authority to detain and imprison without due process any American he considers a threat to national security.

But one vitally important power has eluded the usurper in the White House, that being the legal means to control the world-wide web. Countless attempts have been made to provide Obama that longed for internet “kill switch,” many of them originating with Senator Joe Lieberman. Yet from Net Neutrality to the 2010 “Protecting Cyberspace as a National Asset Act,” all have met with such an outcry from left and right alike that they have died in Congress.

All, that is, until now. A week ago the House of Representatives passed the latest Congressional attempt to nullify the last remaining exercise of American freedom, the “cyber-security” bill called CISPA—the Cyber Intelligence Sharing and Protection Act.

Read More at Western Journalism . By Doug Book.

Meanwhile, Here’s The Chart That Will Get Obama Fired…

Mitt Romney has been going on about how we should be creating 500,000 jobs a month, so earlier we published a look at the number of jobs created per month in the good old days–the Bush Adminstration.

The bottom line?

On average, there were 20,000 jobs per month created in the 8 years of the Bush Administration. There were no months in which even 400,000 jobs were created, let alone 500,000.

So Romney’s blowing hot air.

But he’s blowing it in the right place.

Read More at Business Insider. By Henry Blodget.

Photo Credit: Dustin C. Oliver Creative Commons

Breaking: Obama Wanted To Blame The Military If bin Laden Mission Went Wrong

 

When he was asked about his “fears” of being seen as the new Jimmy Carter if the kill bin Laden operation failed the way Carter’s Operation Eagle Claw had, Barack Obama didn’t hesitate in his answer.

“I thought about it,” he “admitted” as he acknowledged there would be “political ramifications” that could ruin his chances of reelection if the bin Laden mission had been a disaster. Nevertheless, the Prince of Frauds stressed, “There were doubts voiced in the Situation Room. But there was no doubt in my head.”

According to the “official narrative” Barack Obama was the one who fought off the fears of a political disaster voiced by other “less courageous” Democrats and “did the right thing” without regard for politics. What a man!  What a leader!  What a liar!

Now He’s Ike

As long as we have been plagued with this fake, Obama has tried to convince us he was someone else. Being an empty suit and basically the creation of political operatives will do that. Remember when he was FDR for a while? Then he was Abe Lincoln and Teddy Roosevelt? This time the Prince of Frauds is trying to be Dwight Eisenhower – not as president but – as Commander in Chief of the D Day invasion of Europe. Didn’t that blithering fool Joe Biden try saying that (he stopped when people wouldn’t stop laughing)?

The only commonality Obama and Ike have in regards to commanding a military mission is that both were prepared to point a finger at the guilty party in case the mission failed.  [But Ike’s finger was to point back at himself while Obama was prepared to point his finger at the military. According to an op-ed from former Attorney General Michael Mukasey, Obama had his lawyers draw up a memo blaming the courageous SEAL Team if the mission had failed]

Read More at Western Journalism By Kevin “Coach” Collins

French Race bad Omen for Obama?

French President Nicolas Sarkozy’s defeat could be a bad omen for President Barack Obama.

Sarkozy on Sunday joined a growing list of leaders swept aside by Europe’s economic crisis or by austerity measures hated by voters. Some 11 have now fallen, including Italy’s Silvio Berlusconi and Spain’s Jose Louis Rodriguez Zapatero.

Sure, many European economies are in worse shape than the U.S. But there are some similarities, including broad voter skepticism on both sides of the Atlantic that government programs are doing much to spur growth or produce jobs.

Polls show most Americans still think the country remains in recession, even though it technically ended almost three years ago. They also show Republican Mitt Romney leading Obama on handling economic issues.

That’s not good for Obama, with the economy still the No. 1 election issue.

Read more at STL Today.com HERE.

Game on, Mr. Holder: Fast and Furious Isn’t Going Away

Exactly one year after the Attorney General lied in front of the House Judiciary Committee about the Phoenix operation known as Fast and Furious, Rep. Darrell Issa has distributed a staff briefing paper and draft of the contempt of Congress resolution against the sitting AG.

Republican members of the House Oversight Committee have laid out a compelling case citing Holder’s Department of Justice for witness intimidation, “false denials,” withholding subpoenaed documents and willfully obstructing the committee’s investigation into the gun walking program.

The contempt citation comes after 16 months of hearings, letters, resignations, reassignments, a “no confidence” resolution signed by 89 congressmen and a DOJ official who pled the fifth for his role in the operation.

The document exposes Holder’s abuse of office, his contempt for federal agents and the rule of law, and his disregard for the lives of Border Patrol Agent Brian Terry, ICE Agent Jaime Zapata and hundreds of murdered Mexican citizens.

In the opening Memorandum, Issa credits the investigative bloggers and whistleblowers who began to uncover the deadly program back in December, 2010.

The Department of Justice’s Contempt Against the American People

Much of Operation Fast and Furious remained a mystery when the Department of Justice forcefully dismissed whistleblower accusations and denied that anything improper had occurred to Congress on February 4, 2011. Why, after all, would anyone be so stupid as to think arming drug cartels was a good idea?

Read More at American Thinker. By M. Catharine Evans.