Saturday, November 22, 2008

The Amero and the North American Union

Looking further into the issue of the Amero and it's probable overtaking upon the inevidable North American Union, I have researched and found that claim to be false...sorry Hal Turner. Nice try.

According to Snopes, "Ameros are in fact private-issue fantasy pattern coins that will be struck as an annual series, and indeed is already offering them for sale. Neither the U.S. Mint nor the U.S. Treasury has had a hand in creating these "Ameros". These coins are merely collectibles offered to the buying public by a private company in the business of manufacturing such curiosities."

Additionally, according to Wikipedia,"The North American Currency Union is a theorized economic and monetary union of the three principal countries of North America, namely Canada, the United States, and Mexico. Implementation would probably involve the three countries giving up their current currency units (Canadian dollar, U.S. dollar, and Mexican pesos) and adopting a new one, created specifically for this purpose. The hypothetical currency for the union is most often referred to as the amero...Conspiracy theorists contend that the governments of the United States, Canada, and Mexico are already taking steps to implement such a currency, as part of a "North American Union (NAU)"..."

"No current members of any country's government have officially stated a desire to create such a body, nor introduce a common currency."

"The idea for a North American currency union was first proposed in 1999 by Canadian economist Herbert G. Grubel...Opposition to a North American currency union exists high up in the governments on both sides of the Canada–United States border. Herbert Grubel, the first proponent of the amero, admits that
American officials show no interest in the topic.

In August 2007, rumors and conspiracy theories began circulating across the Internet regarding alleged United States Treasury-issued "amero" coins.

The inspiration behind these rumors may have been the posting of images of medallions created by coin designer Daniel Carr. Carr...sells medals and tokens of his own design on his commercial website, "Designs Computed" (also known as "DC Coin"). Among his designs are a series of gold, silver and copper
fantasy issues
of "amero coins" ranging in denomination from one to one thousand. The coins have the legend "Union of North America" on the back with his company's logo, a stylized "DC", in small type. Concerning his "amero" designs, he mentions on his website:

“ My goal with these coins is not to endorse a Union of North America or a common "Amero" currency. I fully support the United States Constitution, and I would not welcome (in any form) a diminishment of its provisions. I expect that these coins will help make more people aware of the issue and the possible ramifications. I leave it up to others to decide if they are in favor of, or against a North American Union. And I encourage citizens to voice their approval or disapproval of government plans that impact them."

"Hal Turner released a video showing an apparent 20 Amero coin, with claims that shipments of the currency had been sent to China. Yet the coin in Hal Turner's video is identical to a medallion on Daniel Carr's "dc-coin" website, listed as "UNA 2007 20 Ameros, Copper, Satin Finish."

So, fear not. The Amero is not coming to town to take over our dollar.

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