Monday, February 2, 2009

Dollar Deliberately Weakened BY (NAU) ?????

In case you may not have heard, the rather newly planned Amero money is designed to replace the dollar soon - possibly very soon. Obviously, such an idea has already generated a lot of opposition. Nevertheless, it may already be on the way. The basis for the switch of currencies is said to be the uniting of the three nations that make up the North American continent - Canada, the United States, and Mexico.
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North American Union: Is there an "Amero" currency being planned by combining Canada's, Mexico's and our US currency - a North American Union (NAU) like the one in Europe? If so, when is it supposed to take place?
Many media outlets claim that the plan for a North American Union (NAU) and the Amero are very real. For example, a newswire posted in October 2007 quotes former Mexican President Vicente Fox who confirmed the claims on a Larry King interview. The idea is being promoted by a journalist named Jerome Corsi in his new book, "The Late Great U.S.A: The Coming Merger with Mexico and Canada." On the WorldNetDaily.com news site, Corsi posted an article detailing the Amero's support among bankers and financial pundits. And you will find Corsi being quoted in many place about the NAU and Amero idea, which has also been raised by Lou Dobbs on CNN.
Among most journalists, there is some skepticism about the NAU and the Amero, and you won't see the idea getting serious attention in the mainstream media. In their May 2007 "Conspiracy Watch" investigative news feature, Mother Jones magazine declares the Amero an academic concept without real potential.
On the political Left, you can find commentary on the Amero suggesting that its a natural outcome from NAFTA and globalization, as in this opinion piece from CommonDreams.org and this article from ProgressiveU.Org.
And people on the political Right seem to be taking the NAU idea seriously, too, as in this piece from the conservative Human Events publication. The Canada Free Press also offers analysis of the Amero that assumes the plans for it are real.
You can read a detailed Wikipedia article about the Amero, tracing the history of the idea, and the forces working for and against the plan. You can also read an interview with Corsi at Salon.com where the author is asked many skeptical questions about his book and his agenda in promoting fears about the NAU !!!

Dollar Deliberately Weakened

Part of the plan to bring in the Amero, however, is to weaken the dollar through deliberate inflation. This is happening through money being pumped into the system but interest rates remaining about the same. The result is that the American people, they say, will soon be glad to receive new money that will promise to be more stable - and valuable.

Other governments have also had their share in helping - though not necessarily deliberately. China, for instance, has moved away from basing its currency on the dollar - it did this in 2005. The euro is also becoming stronger - and the dollar weaker.

The Ultimate Goal

Where is all of this headed? After the United States is merged with Canada and Mexico and North America becomes united, thereThe Amero is even a further plan. The overall plan is called the Free Trade Area of the Americas (FTAA), and has been acknowledged by President Vicente Fox of Mexico and President Bush.

The first part of the plan - the uniting of the North American nations - is only part one. Part two involves the uniting of all the Americas into one, so that trade can be increased all across this side of the world.


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