A spokeswoman for the White House has denied any knowledge of a discussion between President Bush and former Mexican President Vicente Fox where the two, as Fox confirmed, conceived a plan for a regional currency for the Americas.
Spokeswoman Dana Perino also said she’s not aware of any plan for such a currency either.
She was responding to questions from Les Kinsolving, WND’s correspondent at the White House, about the statements Fox made recently on CNN’s “Larry King Live.”
Ex-Mexican President Vicente Fox on CNN
The statement by Fox possibly was the first time a leader of Mexico, Canada or the U.S. openly confirmed a plan for a regional currency. Fox explained the current regional trade agreement that encompasses the Western Hemisphere is intended to evolve into other previously hidden aspects of integration.
According to a transcript published by CNN, King, near the end of the broadcast, asked Fox a question e-mailed from a listener, a Ms. Gonzalez from Elizabeth, N.J.: “Mr. Fox, I would like to know how you feel about the possibility of having a Latin America united with one currency?”
Fox answered in the affirmative, indicating it was a long-term plan. He admitted he and President Bush had agreed to pursue the Free Trade Agreement of the Americas – a free-trade zone extending throughout the Western Hemisphere, suggesting part of the plan was to institute eventually a regional currency.
“Long term, very long term,” he said. “What we proposed together, President Bush and myself, it’s ALCA, which is a trade union for all the Americas.”
ALCA is the acronym for the Area de Libre Comercio de las Am?ricas, the name of the FTAA in Spanish.
King, evidently startled by Fox’s revelation of the currency, asked pointedly, “It’s going to be like the euro dollar (sic), you mean?”
“Well, that would be long, long term,” Fox repeated.
Kinsolving asked: “Former Mexican President Vicente Fox confirmed the existence of a plan, which he said was conceived with President Bush, to create a new regional currency in the Americas. And my question: Does the President believe that this Vicente Fox statement on Larry King Live was incorrect or correct?”
“I know of no such discussion, but I will tell you that there is no plan under way to create such a currency,” Perino said.
Fox told King he and Bush intended to proceed incrementally, establishing FTAA as an economic agreement first and waiting to create an amero-type currency later – a plan he also suggested was in place for NAFTA itself.
“I think the process to go, first step is trading agreement,” Fox said. “And then further on, a new vision, like we are trying to do with NAFTA.”
The issue of a unified currency is one discussed in “The Late Great USA,” and last week, WND reported BankIntroductions.com, a Canadian company that specializes in global banking strategies and currency consulting, is advising clients the amero may be the currency of North America within 10 years.
Coin designer Daniel Carr has issued for sale a series of private-issue fantasy pattern amero coins that have drawn attention on the Internet.
WND also reported the African Union is moving down the path of regional economic integration, with the African Central Bank planning to create the “Gold Mandela” as a single African continental currency by 2010.
WND also has reported a continued slide in the value of the dollar on world currency markets could set up conditions in which the adoption of the amero as a North American currency gains momentum.
In a second question about Bush’s recent statement that “All religions pray to the same God,” Kinsolving asked: “In his meeting with Al-Arabiya reporter Nakouzi, the president said he believes all the world, whether they be Muslim, Christian or other religion, prays to the same God. And my question: Does he know of any Muslims who agree with what Christians believe is the Son of God’s statement, ‘No man cometh unto the Father but by me’?”
“I’m not going to comment on that one. Obviously I’ll let the president’s comments on Al-Arabiya, on the transcript that we’ve released, for people to check that out themselves. …” Perino said.
“It leaves a puzzlement here …” Kinsolving said.
“And move on,” Perino said.
“It leaves a puzzlement, you want to move away from …” asked Kinsolving.
“I don’t think there’s a puzzlement,” Perino said.
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