I'm really quite ill so pearls of wisdom will have to wait till tomorrow at the earliest. However, in place of actual analysis I give you the funniest libertarian article title ever - linked from a Ludwig von Mises Institute blog - USA Survival.Org's wonderful:
Secret Agenda: Law of the Sea Treaty Provides Elements of World Government; U.N. "Mother of the Oceans" Exposed as Radical Socialist and Loony Leftist Who "Taught" Dogs to Type and Play Piano
Secret Agenda: Law of the Sea Treaty Provides Elements of World Government; U.N. "Mother of the Oceans" Exposed as Radical Socialist and Loony Leftist Who "Taught" Dogs to Type and Play Piano
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