by DAN CALLOWAY
Published 27 July 2010
WEAVERVILLE, NC – You may have heard of the proposed formation of the North American Union (NAU) between the countries of Mexico, Canada, and the United States. But is this alleged union between the three predominate countries of North America and the adoption of a single currency called the Amero–or North American Dollar–fact or fiction?
The NAU is based loosely on the concept of the European Union. The formation of the NAU would be both for economic and political reasons. While the idea of forming a union between Mexico, Canada, and the United States has been discussed for many years, each of these countries deny that there are any real plans to execute the union and develop a common currency, the Amero.
The concept of a union between the North American countries has been proposed since the mid-19th century. This union would include North America, the countries of Central America, and South America. In 2003, following the 9/11 attacks on the United States, both the Canadian Council of Chief Executives, U.S. Council on Foreign Affairs, and the Mexican Council on Foreign Relations formed the Independent Task Force of North America (ITFNA) to combine forces against future attacks against North America. In March, 2005, the ITFNA released a report calling for a deeper integration of NAFTA and the formation of a North American Economic and Security community by 2010.
The belief by many that the secret formation of the NAU was actually a reality was a hot topic of debate during the 2008 Presidential campaign and was the subject of various Congressional resolutions. However, the Republican Presidential candidate, Ron Paul, and others flatly denied any plans of the United States participating in the formation of the NAU. The release of a book in 2007 entitled: “The Late Great USA: The Coming Merger of Mexico and Canada” helped to increase the controversy surrounding the secret formation of the NAU by the participating governments.
The proposed currency, the Amero, like its European counterpart, the Euro, was considered for economic reasons as a means of stabilizing the balance of trade between Mexico, Canada, and the United States as well as offer a much stronger financial bases for North America. This currency was first proposed by the Canadian economist, Herbert Grubel, in 1999, the same year that the Euro became a virtual monetary unit. The ITFNA supported the idea of the Amero by stating: “In the long term, the Amero is in the best interest of all three countries.”
Whether you believe that the formation of the NAU and the adoption of the Amero is fact or fiction, there are many who believe that this formation will be preceded by the development of the United Socialist States of America (USSA). A failure of the USSA will inevitably lead the USSA to enter into an agreement with Mexico and Canada to form the NAU. I suppose we will have to wait and see what happens.
The European Union has also agreed to create a similar fund amounting to well over one-hundred billion Euros in support of developing countries in the next decade to assist those countries with the effects of global warming caused by humankind.
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