It’s theoretically possible that there are a few in the US who might object, I suppose. I could be wrong.
Vicente Fox admits that he and George W. Bush have ’agreed’ on common currency, North American Union
Speaking on the Larry King show, former Mexican President Vicente Fox confirmed every assertion made by Jerome Corsi in his new book, NY Times bestseller “The Late Great U.S.A: The Coming Merger with Mexico and Canada” (WND Books, ISBNs 0-9790451-4-2, $25.95, July 2007). Not only did Fox admit that he and George W. Bush have “agreed” to create a common currency, the Amero, he contended that a North American Union is “inevitable” That’s something that Jerry Corsi takes issue with while applauding Fox’s openness on national television.
“At last we have public confirmation of the pernicious secret activity that’s been going on towards merging Mexico, Canada and the United States” declares Corsi, whose book became a bestseller shortly after publication. “Personally, I’d like to thank Vincente Fox. His candor about this merger is what’s going to stop it dead in its tracks”
Corsi continues, “Fox’s appearance with Larry King and, of all places, on The Daily Show constitutes the first time a leader of Mexico, Canada or the U.S. has openly confirmed a plan to create a regional currency called the Amero — a plan I document in detail in ’The Late Great U.S.A.’” Fox went on to explain how current regional trade agreements between the United States and its hopelessly corrupt neighbor to the south are intended to evolve into other previously hidden aspects of North American integration.
http://www.youtube.com/watch?v=vv143EByPmI
This is a link to CNN’s video of the interview with Mr. Fox
http://cnn.com/video/#/video/bestoftv/2007/10/08/lkl.vincente.fox.CNN
While he does have a line of crap about immigration. There is no mention at all of uniting our countries and common currency
32 –
Your question in #21 makes more than one assumption. First, you have assumed that the currency merger is a done deal. Second, you have used this assumption to “prove” that there was “no involvement of the American people” to approve this… something which hasn’t happened in the first place..
But to address the issue you raise – should there be any movement towards merging the US dollar with the Mexican Peso, the Canadian Dollar, or any other currency, it should be approved by Congress first. (here is no provision for initiative or referendum at the federal level in the US Constitution, so there’s no way to bring this issue “directly to the American people.”
While I can imagine a single currency for North America – I simply can’t believe anyone would call it “Amero”. Canada uses dollars. U.S.A uses dollars. Mexico uses Pesos. Guess who will switch names.
But I think a single currency is still unlikely. A single currency (as explained in the snopes article) requires a single central bank and one monetary policy for the entire continent. Assuming that bank would be a group combing the U.S. treasury with the Canadian and Mexican central banks – that group would have to function independently of each nation’s government, and put monetary policy ahead of national politics – highly unlikely.
It’s been suggested that a currency union between Canada and the U.S. would be the logical first step in the process. Canada is the U.S. largest trading partner. We Canucks may sometimes claim to have a different culture, but we watch the same crap TV shows and download/buy the same crap Britney Spears music.
But the governments’ policies are currently quite different. For example, the Canadian federal government currently has an annual budget surplus (part of which is being used to pay down the total national debt). But taxes is Canada are also much higher. Canada also has a national (socialized) health-care system, paid for by the higher taxes. Canada also has a large amount of natural resources (such as Oil, Gas, Coal, etc) which are currently driving our economy.
All of these things can change. Our health-care system costs too much. We’re already using up Oil, Gas and Coal, and we’ve reached the limit of electrical power generation and will need to spend a great deal of money to increase the infrastructure (or start reducing our power consumption quickly!). These things all affect monetary policy.
37. Gee Frank, maybe your right. I would never expect the Bush admin to circumvent the Constitution.
#1 – Fox, CNN, and ABC are credible news sources? I’d laugh if that weren’t so tragic a miscategorization.
#9 – As much as I’m suspicious of anything the government does, I don’t see how this would drag the US economy down. First of all, the US has already successfully chartered one-way agreements with Mexico (i.e. NAFTA). Bush wouldn’t do this if he thought it would be anything but a clear win for US corporations (usually at the expense of other countries’ economies).
Secondly, US currency is the standard to which most other countries base their currencies. Having a common currency with the US is nothing but a redesign. It will have absolutely no effect. Mexicans will just get paid $1 (or “Amero”) a day instead of 10 pesos for building our cars.
That said, I am indeed suspicious. This seems like a way to expand the US empire without invading militarily. One very clear difference between the EU and a theoretical AU is that there was a requirement by EU applicants that their native currencies would have to be approximately equal to the Euro (i.e. equivalent economic health) before they could be admitted. Obviously that’s not going to happen anytime soon between Mexico and the US, especially if we keep pressing free trade agreements that give unfair advantage to subsidized US agricultural corporations while screwing over poor Mexican farmers who can’t possibly compete. Having Canada in the agreement just makes it look legit. Canada is already the US’s largest trading partner, so perhaps all this will do is loosen border transit requirements back to what they used to be before the US went loco about security.
What, are you suggesting the Bush administration will circumvent the Constitution by holding a referendum on currency merger?
#41 was for Mark.
The only reason the US would do this merger ( money and territory ) would be for the following :
– Use the mexicans as a cheap labor market.
– Use the natural ressources of canada ( at a cheap rate , of course )
– Get out of the debt by leveraging the population of mexico and canada
41. I am not going to play your answer a question with a question game Frank. Go back to the beach, the sand is waiting.
But I wasn’t answering a question with a question. I was asking a question WRT an answer.
#34
I can’t wait for you to leave. This country will smell a whole lot better after you are gone!
given
1.) the rise of china,
2.) the stabilization and solid performance of the euro
the facts
1.) that the dollar is in the dumper and looks to remain there
2.) that north america is already a single marketplace
it might seem logical to combine currencies…
however i can’t bushCo supporting this even though thier economic policy has allowed the dollar to slide to record lows — a protectionist strategy that some could argue is working
i can’t see the american public doing anything other than rejecting this in the same way the british have rejected the euro.
i think americans in general would resist this in the same way that the british have rejected the euro.
Yes, I was going to suggest that he try one of the other 48 states in the USA… or even the northern regions of the two states he mentions.. but your alternative sounds better.
I am more open to thinking along these lines for the future than many people would be, but the notion of it being rammed through in secret is beyond ludicrous. If anything along these lines were ever to happen it would take decades or generations, along the lines of the European Union. A president of either country has nothing remotely like the power to achieve this by private agreement.
WOW! Some people argue about stupid stuff. Let’s simplify this… When it’s posted on the local 9pm news… Let’s believe it.
>>Gotta love Snopes!
I guess that’s the difference between journalists and bloggers; journalists check Snopes before they perpetrate an urban myth!
Off subject, but the US doesn’t need the Mexican soccer players to make the semifinals. It almost happened in South Korea, and the US has managed to make the top 10 in FIFA rankings somewhat regularly, though now they are 18th.
The question,
WHO will complain about the merging of nations??
THE RICH, who run companies in Mexico to get away from the EPA, and Wage laws.
The Middle class that Want to live in mexico, that are living like kings.
The poor of Mexico that jump the river to make GOOD money to take home. 5 years at $10 per hour in the USA, can set them up for years..
http://www.spp.gov/
For those of you not willing to see the light or if you think this is a hokey made up story check out the US Government Website above.
The website does not mention all the ins and outs but the complete text of the treaty signed by the three presidents is available.
If you need further proof that Politicians depend on people not paying attention then I say “go ahead! Drink the KoolAid”
Peace
Bugeyemonster –
BS. It says nothing about currency merger.
#44 – It has been a historical policy of the US to dominate all regions of the planet as well as interfere with any country that might threaten US corporate profits. This is exactly what NAFTA was for. You can argue Mexico’s government is solely at fault for the farmers’ conditions since they signed on to NAFTA, but that’s a bit like saying it’s solely your fault that I sold you a broken rifle that shoots shot back into your face instead of out the barrel. I don’t for one second absolve the US of it’s culpability in deliberately trying to fuck over already poor nations to maintain or improve US corporate profits. Just because we didn’t invade Mexico (again) to do it doesn’t change how reprehensible it is.
Has anyone seen the interview with Jon Stewart and Vicente Fox?
Given that the President never presented the International Criminal Court or the Kyoto Treaty, I doubt he’ll go for any world government schemes. That’s more likely to come from a Democrat, especially since those other two countries are more likely to vote for Democrats.
Traditionally, when someone posts “I’m leaving this site” in the comments, they’re going nowhere.
However, due to this irresponsible posting of a rumor as though it were a fact, I’m gone from this blog — for a while at least. This was just the last straw after so much garbage recently.
Go to http://milocast.com if you want to read something both interesting and true. Maybe I’ll come back in 2008, and see if the stupidity has died down.
Is it just me, or is this “Uncle Dave” guy the least intelligent poster on this blog, responsible for most of the crap entries?
See you later, everyone.
Milo
I wonder if the government is trying to destroy the dollar so that the new currency take over. American Union is another word for communism country.
61. Its just you Shawn.
Given that of the three countries involved – The USA, Canada, and Mexico, are led by center-right to right-wing leaders, it’s quite idiotic to suggest that any combination of the three would somehow be “communism country”, Enes.
#55 – did you actually read the site?
http://www.spp.gov/myths_vs_facts.asp:
“Myth: The SPP is a movement to merge the United States, Mexico, and Canada into a North American Union and establish a common currency.
Fact: The cooperative efforts under the SPP, which can be found in detail at http://www.spp.gov, seek to make the United States, Canada and Mexico open to legitimate trade and closed to terrorism and crime. It does not change our courts or legislative processes and respects the sovereignty of the United States, Mexico, and Canada. The SPP in no way, shape or form considers the creation of a European Union-like structure or a common currency. The SPP does not attempt to modify our sovereignty or currency or change the American system of government designed by our Founding Fathers.”
Still, this post was so pathetically bad, and so obviously aimed at stirring up a rousing round of “Don’t you just hate Mexico?” (or Mexicans) that I will now delete this blog from my RSS feed.
Hey, I thought you guys thought all the Swift Boat guys were liars. Why are you all of a sudden believing them now?