Is It A Conspiracy If I Talk Openly?

Back at the end of August I commented on a post by Tom Mannis regarding the alleged effort to create a North American Union. I was skeptical then, and I remain skeptical now, albeit in a more nuanced way. My skepticism is primarily fueled by the fact that the mainstream media (MSM) is sleeping at the switch if this is such a huge deal. Wouldn't be the first time but this gorilla is awfully hard to miss if it exists. However my skepticism has been reinforced for a reason that will become clear.

Today Tom put up a post about Vicente Fox's interview with Larry King, in which Fox acknowledges an effort by him and President Bush to pursue a more unified economic relationship. CNN posted posted the transcript. Fox's full comment is:

KING: E-mail from Mrs. Gonzalez in Elizabeth, New Jersey. "Mr. Fox, I would like to know how you feel about the possibility of having a Latin America united with one currency?"

FOX: Long term, very long term. What we propose together, President Bush and myself, it's ALCA, which is a trade union for all of the Americas. And everything was running fluently until Hugo Chavez came. He decided to isolate himself. He decided to combat the idea and destroy the idea...

KING: It's going to be like the euro dollar, you mean?

FOX: Well, that would be long, long term. I think the processes to go, first step into is trading agreement. And then further on, a new vision, like we are trying to do with NAFTA.

Sounds pretty fishy doesn't it? Well let's put some context around that shall we because Fox goes on to say this:

KING: How is NAFTA doing?

FOX: Excellent. Mexico's seventh largest trading economy in the world. Mexico trades more products and services than all of Latin America together, including Brazil, Argentina and all of them. And Mexico buys -- and this people don't know -- Mexico buys from the United States more products and services than what Italy, France, Germany and Britain do together. So we account for hundreds of thousands of jobs in this economy in the U.S.

That level of economic engagement requires careful management and consideration of possible efficiencies. A single currency could make sense, assuming it is on the horizon. Fox says 'long term' but just how long term is that?

World Net Daily also comments on Fox's interview at CNN and helpfully provides links that lead to this analysis of Canada. The analysis considers the potential of a combined currency, called the Amero and we get an idea of how to define 'long term';

LONG TERM CURRENCY OUTLOOK - IS THE ‘AMERO’ CURRENCY UNIT ON HORIZON?

North American monetary union is probably not likely in the near term, but possibly in 10 to 20 years as the global economy moves into regional trading blocs. The “amero” currency unit or NAMU (North American Monetary Unit) consisting of United States, Canada and Mexico. The amero would compete against other regional currency blocs such as Asia - renminbi/yuan, Japanese yen, Middle East gold dinar, Euroland euro, South American peso, CFA franc, East Caribbean dollar, etc. At present, Canada currently uses the USD as an unofficial second national currency ‘de facto US-dollarization is well underway in Canada’. At present with the CAD approaching par, more talk for an amero currency unit will become popular in Canada. With the successful implementation of NAFTA - North American Free Trade Agreement, the one dragging component for the amero will be Mexico, but in time this will change. Implementation of the amero currency may actually give Mexico an economic boost thus helping to alleviate Mexican immigration pressures into the United States for those Mexicans seeking financial gain. The amero one day may very well be circulating throughout North America.

Bold emphasis mine, aside from the paragraph title.

So do you like your ambiguous comments served with salt and pepper or do you prefer good old fashioned Tabasco? Is the Amero on the horizon? Maybe, depending on events that have yet to unfold. "Possibly" in 10-20 years. It certainly won't happen tomorrow. Who knows what the next President may choose to do. Given what is occurring in the rest of the world, it may be inevitable, although the political union we see in the EU does not necessarily follow, considering the other currency unions mentioned in the analysis.

If the Amero is implemented does this mean America as we know it goes away? Not necessarily if we look again at other regional currency unions. Canada remains very Canadian, even with a de facto second national currency in the USD. Considering what the analysis has to say about the possible impact of the Amero on Mexican immigration, it could be a benefit in quieting illegal immigration as Mexicans may choose to stay home and work, rather than come here.

For a conspiracy (Tom uses the word in the title of his post) this is remarkably well known and even analyzed. Most conspiracies are hidden in the shadows of innuendo, obfuscation and legend, but BankIntroductions and Fox are quite clear about what this is about. Is it a good idea? Could be, if folks would discuss this more broadly. The fact that they aren't is either an indictment of a complacent MSM, or the idea just isn't going very far. Perhaps the antipathy of current Republican Presidential candidate wannabes is stifling progress.

Whatever the reason, I remain skeptical that I need to be overly concerned. Peak Oil (PO) has taken a long time to penetrate public consciousness, however dimly, and is on a much shorter time horizon than the Amero based on current analyses. And the BankIntroduction analysis does not treat the Amero as a done deal. Neither does Fox, who refers to the steps needed to get there. It was, and may still be, a vision but it is unrealized and requires a lot more effort to implement than we have seen so far. This administration tried to intrude on the project I am working on and have it reach its completion before the next inaugural so Bush could claim credit for it. We said "can't do it" and they backed off. So if there was a way to implement the Amero on Bush's watch I would expect a lot more marketing and spinning. Instead we are told no such plan exists.

It is possible that PO may force the USA into decisions it had never before seriously considered, including a regional currency. Should that occur, the actions of Presidents Bush and Fox may very well be viewed as farsighted.