Europe has the Euro. Are you ready for The Amero?

Paul Michael — Wed, 04 Apr 2007 17:47:46 +0000

Hold onto your hats. (Or should that be dollars?) The Amero is coming. I’ve heard a lot of talk over the last few years about a new currency called the Amero that will replace dollars and pesos.

I thought at first it was just conjecture and gossip, but the more I have researched it, the more I believe it is not only real…but coming soon. And as a writer who has your best monetary interests at heart, I feel you need to know at least a little about this.

A North American Union (NAU) with a common currency is not a new idea. Herbert G. Grubel, a senior fellow of the Fraser Institute, came out with a book entitled “The Case for the Amero” in September of 1999. But the mass media has largely ignored it, with both the supporters and critics of the plan being relegated to obscure talk radio and Internet sites (hopefully, this one doesn’t fall into the latter).

However, since 1999 a case has been building for the new currency, and some believe the current administration is setting the stage for the introduction of the Amero very soon, as soon as 2010 some believe. The lack of serious intervention on illegal immigration coupled with the continued devaluation of the dollar and its weakness in the world economy is in fact the perfect place to set the foundation for a new currency. Or so I’ve been told by various economists with far more smarts than myself.

The Security And Prosperity Partnership Of North America.
This is where many people believe the Amero will stem from. This is not a phantom organization or conspiracy theory, the SPP exists and you can view it yourselves at www.spp.gov . It was a 'dialogue' (some say agreement) between President Bush, Prime Minister Harper and President Fox to enhance security and prosperity among the three nations (prosperity for whom is obviously debatable).

What you’ll notice is that the SPP is a trilateral partnership established to keep North America a safe and secure place to live and work. So why the open borders and lack of serious control on illegal immigration? Surely such a plan would involve tighter security, not weaker.

Well, it comes down to this. If there is a plan in the works to create a union of Canada, the USA and Mexico, the last thing you’d want to do is close the borders. Quite the opposite. You want open borders. It’s good for business. And as we all know, big business and large multi-national corporations are always looking for new ways to make a profit. The NAU and the Amero is one such way.

The AMERO – who benefits?
That’s the big question. Now, in Europe the Euro was not such a bad idea (although I know many people who disagree). The countries of Europe are all fairly well matched economically. So, it made sense to simply create a Euro and encourage cost-effective trade between all the separate nations (of course my home country Great Britain is still being difficult…as we always are). It also reduced a whole bunch of costs associated with exchange rates, fees and so forth.

However, Canada, the USA and Mexico are hardly the same economically. For a world super-power like the USA to consider diluting its economy with that of Canada and a ‘third world’ nation like Mexico, rife with corruption, seems at first ill-conceived. Unless, of course, the ultimate goal is to create “corporatism” – the merger of big business with big government (and something Mussolini referred to as the foundation of fascism).

Basically, with the NAU, multinationals are dealing with one currency (the Amero), one controlling entity (government) and one set of rules for all. And the benefit? Simple. To enable the sale, purchase and movement of goods across the former three nations effortlessly and cheaply. And let’s not forget the creation of a super-cheap workforce and the eventual destruction of the middle class (which is already happening).

As you can tell, I’m clearly not a supporter of the NAU. But I’m not a supporter of any policy that seeks to make the rich even richer, and make a profit at the expense of the public. As Tom DeWeese wrote in his article for the American Policy Center, “The SPP is not about free trade. Its use of public/private partnerships creates an elite of certain, chosen global corporations which basically become part of government at the expense of their competition and our national independence.”

The NAFTA Super Highway.
Also known as the Trans Texas Corridor, this is another huge benefit to big corporations that would be made possible by the NAU and the Amero.

It is basically a massive super-highway, ten lanes wide, with rail lines, utility corridors and natural gas and oil power lines running down the center. It’s purpose? To transport containers loaded in foreign lands (Indonesia, China etc) from Mexican ports, through the USA and up to Canada with massively reduced transportation costs. Such a move would only decrease the security of America, to such an extent that the borders would literally be wiped out. And the flood of Mexican trucks using the highway would not be required to meet current US standards of safety. Getting the picture? At the end of the day, the Amero is a move to will make a select few so rich, they’ll make Bill Gates look like a welfare case. Money is power…and ultimately, that’s what this is all about.

What can you do about it?
Well, keeping yourselves informed is the first step. I haven’t even scratched the surface here. So far, the public has been kept in the dark about the Amero and the NAU, and before you get a chance to protest you’ll be spending you new, devalued currency and wondering what happened.

Here are the links to several sites you can read. I have included information that’s both for and against the NAU and Amero, you are all smart people, you can chew the facts over and make up your own minds.

More reading.

http://www.humanevents.com/article.php?id=15017

http://www.nascocorridor.com/pages/about/about.htm

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

http://oldfraser.lexi.net/publications/critical_issues/1999/amero/

http://www.americanpolicy.org/more/security.htm

http://www.spp.gov/security_agenda/index.asp?dName=security_agenda

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=50618

http://www.cfr.org/publication/8102/building_a_north_american_community.html

http://www.spp.gov/report_to_leaders/index.asp?dName=report_to_leaders

http://www.canadians.org/

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

http://www.humanevents.com/article.php?id=15497

http://www.answers.com/topic/security-and-prosperity-partnership-of-north-america

http://www.newswithviews.com/Spingola/deanna9.htm

http://www.scics.gc.ca/cinfo06/850105007_e.html

http://www.prosperitypartnership.org/

http://aftermathnews.wordpress.com/tag/borders-and-immigration/page/2/

http://www.american.edu/TED/dollar.htm

This article is from Paul Michael of Wise Bread, an award-winning personal finance and credit card comparison website. Read more great articles from Wise Bread: