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Has anyone heard of a new currency for all of North America?
ctgreatone
Posts: 279 ✭
A friend of mine told me that the US, Canada, and Mexico have agreed to mint new curency that all three countries will use. I suggested that has not happened but he insisted. Can any one shed some light on this?? It will be call "Amero" or somthing like that????
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American Currency Union (Wikipedia)
LA CUCARACHA!!!
How would anyone agree on what the obverse (Front) would look like?
AnYwHo,
Ray
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>A friend of mine told me that the US, Canada, and Mexico have agreed to mint new curency that all three countries will use. I suggested that has not happened but he insisted. Can any one shed some light on this?? It will be call "Amero" or somthing like that???? >>
Deport your friend........!!!!!!!!
<< <i> There's no such agreement. Apparently this is an idea that's being promoted by a couple conservative think tanks. >>
I don't think any American conservative think tanks would be in favor of this at all. The think tanks quoted were both Canadian "conservative" think tanks.
I don't doubt at all the "globalists" (including GW) are in favor of this, but I don't think it would get much support from "grassroots" America. JMHO though
the right of the people to keep and bear arms shall not be infringed
Join the NRA and protect YOUR right to keep and bear arms
To protest against all hunting of game is a sign of softness of head, not soundness of heart. Theodore Roosevelt
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<< <i> Ask your friend to tell you exactly where and when he heard this, then go verify his comment and check the source's veracity. You will, most likely, find hot air, someone with a pathological need to be recognized, and a critical intellect shorter than a snake’s front legs. >>
I wonder how many people in Europe thought this same thing 20 years before the EU and the Euro??
the right of the people to keep and bear arms shall not be infringed
Join the NRA and protect YOUR right to keep and bear arms
To protest against all hunting of game is a sign of softness of head, not soundness of heart. Theodore Roosevelt
[L]http://www.ourfallensoldier.com/ThompsonMichaelE_MemorialPage.html[L]
The only nation that would benefit is Mexico, who has nothing to lose.
<< <i>Nice coin D Carr.Is that your design? If so nice job. >>
Thanks, yes.
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I, for one, am VERY happy to be living beside the USA, great country, greater people!! Yes we have our differences but they pale in comparison to our similarities.
Bruce
<< <i>It will never happen especially since Mexico is always devaluing their money. >>
And just what exactly has the US been doing these past few years? And now even..
Bernanke Opens the Floodgates of Money
Listen buddy, the DOLLAR is DEVALUED! When you print more money and don't have growth, the money loses value. It's that simple.
THERE HAS BEEN NO HIGH TECH JOBS CREATED IN 7 YEARS! They are all overseas. The growth markets are things like service personnel and wait staffs. These are not signs of a super power but of one in decline. They builds things like this in Dubai
Why aren't these being built here?
While companies by the masses like Haliburton move overseas?
AMERICA is in a sharp decline but people just want to say slogans and wave plastic Chinese American flags.
The dollar has been slated to take a major dive and the Amero will be the false salvation for the people of America.
It's simple. Tank the dollar, blame it on unstable national money and the need for an international money to "stabilize" it.
I wonder what all you nay sayers are going to do when you're in the government bread line paying with your new Amero? But it'll be too late then but at least you'll know the truth.
A more detailed take on the introduction method of the Amero.
Dollar Fall Is Catalyst For Predatory Global Government
<< <i>Slipgate: You are absolutely WRONG when you say that Canadians hate Americans. Don't let the stupid comments by some of our politicians fool you. The vast majority of Canadians think the world of Americans. I truly hope that you understand this as it is a fact. Don't forget, Canada is one of the few countries fighting alongside your troops in Afghanistan and we share a great many other things.
I, for one, am VERY happy to be living beside the USA, great country, greater people!! Yes we have our differences but they pale in comparison to our similarities.
Bruce >>
Thanks for posting that Bruce!
I hear the new coins (North American Dollars) will be struck in steal.
Euro Shmuro - We've got NADs of Steal!
...
<< <i>Sounds like he's been listening to Alex Jones. >>
Well, how about World Bank chief economist and nobel prize winner Joseph Stiglitz OR former assistant secretary of the Treasury in the Reagan Administration and prolific and popular journalist, Paul Craig Roberts OR Jerome Corsi, writer of book - The Late Great U.S.A.: The Coming Merger With Mexico and Canada. They all talk about how the US is being engineered for a great economic fall.
Alex Jones does not make things up, he ties in facts from official documents, main stream media and reliable sources that can prove their facts.
InfoWars.com
http://prisonplanet.com/
If you want the truth to the NAU and the Amero, it's there.
There is certainly nothing wrong with a common North America currency. A common currency allows for a very smooth transaction for goods and services between individuals, companies, or countries.
Image, if all currencies were backed by gold, silver, oil etc. Let’s call the currency
“NADs. North American Dollars” You walk into a store in Kansas, Quebec, or Baja, and a loaf of bread is 1 NAD! Assuming no regionally adjusted price.
The problem with the NAD is that it is not back by a common backed commodity. In the US and Canada, we have our confidence in the Govt. Trust in Mexico?
In order for a NAD to be successful, a NA Fed would have to be developed that controls the money supply. Mexico can not be an equal partner. Just as West Virginia isn’t a strong influence on the US Fed, Mexico can not be a strong influence on the NA Fed!
Until Mexico corrects a number of their structural economic problems, there isn’t a chance that Mexico will ever be included in a common currency. Mexico has three economic advantages, cheap labor, oil, and near the US!
This can be exploited for the best interest of all the NA countries. But, a number of legal issues would need to be addressed.
Until Mexico can enter the current understanding of international property rights, human rights, and fiscal responsibility, there is little chance for a common NA currency.
Darn, I just twisted my ankle stepping off my soap box!
122/123
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D Carr - the woman on your design is a nalgona.
"Seu cabra da peste,
"Sou Mangueira......."
I happen to be a Republican but I have observed that at least in the provinces I have visited (Ontario, Quebec, NS, NB, PEI,) that our current President, George W Bush, has destroyed any possibility of a closer union between the US and Canada.
In fact, I must remark that this is the first time in 40 years that the US President, including Carter and Nixon that the US President rated lower than the Prime Minister or the Queen in my unscientific poll.
<< <i>In fact, I must remark that this is the first time in 40 years that the US President, including Carter and Nixon that the US President rated lower than the Prime Minister or the Queen in my unscientific poll. >>
Check the approval rating of the Democrat controlled congress.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Seems like there are very few Americans who are actually paying attention to what these clowns in Washington are doing to this country and the fiat monetary system. Yes, I have heard of the Amero, I don't know what it will be called, or if it will come into fruition. However, the jobs are leaving and industry is being pushed out the door. The dollar is crashing, medical costs are rising, and our educated are taking bartending jobs to pay for student loans. Thank you for paying attention.
Freak
Of course, national boundaries across the globe have long been disintegrating, in favor of more regional arrangements.
To the far south there is in existence, a Union of South American Nations, which is still in its conceptual stages, but at the most recent meeting of state leaders in one of their annual summits, each president got to strike, with a sledgehammer, a commemorative silver medal which in its own way is a sort of prototype for their own regional currency.
I'd definitely be interested in obtaining one of those for my collection.
Ray
<< <i>The way things are going, we'll be using Chinese Yuan here. The Chinese are becoming the world's economic superpower. >>
At least the US government and Americans in general are doing it willingly.
<< <i>THERE HAVE BEEN NO HIGH TECH JOBS CREATED IN 7 YEARS! They are all overseas. >>
That sounds like my cue to post this: http://www.techsunite.org/
Sure, in a free market economy, where capitalists are prevented from forming anti-competitive monopolies/oligopolies/cartels, there would be no need for unions. In the U.S.A, where anti-trust law hasn't truly been enforced since Taft was president, worker unions are an absolute necessity, however.
<< <i>Canadiens already hate the Americans - so what's in it for them? Quebec has been looking for a reason to succeed - this would be it.
The only nation that would benefit is Mexico, who has nothing to lose........slipgate >>
Just about everyone wishes to succeed, slipgate.
A minority of people in the Provence of Quebec would like to secceed from the government of Canada, though.
Ray
<< <i>THERE HAVE BEEN NO HIGH TECH JOBS CREATED IN 7 YEARS! They are all overseas. >>
Jobs have been and are being created. It's just that other jobs are moving offshore and apparently to Vancouver. Should Microsoft pay their Vancouver techs in Ameros?
<< <i>
<< <i>THERE HAVE BEEN NO HIGH TECH JOBS CREATED IN 7 YEARS! They are all overseas. >>
Jobs have been and are being created. It's just that other jobs are moving offshore and apparently to Vancouver. Should Microsoft pay their Vancouver techs in Ameros?
Speaking of Microsoft and Canada, they're moving all of their development there because they can't get enough slave laborers, er, H1B "talent" here.
http://news.com.com/Microsoft+sings+O+Canada+amid+immigration+challenges/2100-1014_3-6195049.html
http://www.dailytech.com/Microsoft+Looks+to+Canada+to+Avoid+US+Immigration+Restrictions/article7959c.htm
Any of you unemployed software developers feel insulted by the implication that you have no talent? Or that the best and brightest live in other countries? Then join http://www.techsunite.org/ before it's too late.
And FWIW, 40% of MS' employees are already non-American. With this move the majority of MS' employees will be non-American. So as far as I'm concerned, Microsoft is an American company in name only. Bill Gates shouldn't even be allowed on Capitol Hill.
<< <i>
<< <i>
<< <i>THERE HAVE BEEN NO HIGH TECH JOBS CREATED IN 7 YEARS! They are all overseas. >>
Jobs have been and are being created. It's just that other jobs are moving offshore and apparently to Vancouver. Should Microsoft pay their Vancouver techs in Ameros?
Speaking of Microsoft and Canada, they're moving all of their development there because they can't get enough slave laborers, er, H1B "talent" here.
http://news.com.com/Microsoft+sings+O+Canada+amid+immigration+challenges/2100-1014_3-6195049.html
http://www.dailytech.com/Microsoft+Looks+to+Canada+to+Avoid+US+Immigration+Restrictions/article7959c.htm
Any of you unemployed software developers feel insulted by the implication that you have no talent? Or that the best and brightest live in other countries? Then join http://www.techsunite.org/ before it's too late.
And FWIW, 40% of MS' employees are already non-American. With this move the majority of MS' employees will be non-American. So as far as I'm concerned, Microsoft is an American company in name only. Bill Gates shouldn't even be allowed on Capitol Hill. >>
The US has requirements on car importers that have led German and Japanese manufacturers to establish factories in the US. Is this generally successful? It certainly lets American workers gain skills and knowhow of German and Japanese manufacturing techniques. Should something similar be implemented for software?
http://en.wikipedia.org/wiki/Permatemp
<< <i>Everyone but workers and sucker shareholders benefited from the dot-com bubble. >>
That's not true. Many workers became millionaires. You just had to be in the right place at the right time. One secretary at Yahoo! made enough money to buy a castle in England and fly everyone over for Halloween. Also during the first dot-com bubble many unskilled people got paid generous salaries. Of course, once the bubble collapsed and they could only get jobs related to their skills, many had to move out of Silicon Valley.
<< <i>To quote someone here on the boards "Bwahahaha". Yeah, just look what globalization has done for the American car industry. We'll all be driving scooters made in China soon. But I'm sure they'll be available in pretty lead based paint colors. >>
But many of the German and Japanese cars made in the US are made by US factory workers and designed in the US by US designers
As for the American car industry, they did a lot of it to themselves with bureaucracy, pedestrian designs and low quality. But who knows what will happen. Some of them are finally starting to take control of the situation. Designs and quality have been improving.
<< <i>Speaking of Microsoft and Canada, they're moving all of their development there because they can't get enough slave laborers, er, H1B "talent" here.
http://news.com.com/Microsoft+sings+O+Canada+amid+immigration+challenges/2100-1014_3-6195049.html
http://www.dailytech.com/Microsoft+Looks+to+Canada+to+Avoid+US+Immigration+Restrictions/article7959c.htm
Any of you unemployed software developers feel insulted by the implication that you have no talent? Or that the best and brightest live in other countries? Then join http://www.techsunite.org/ before it's too late.
And FWIW, 40% of MS' employees are already non-American. With this move the majority of MS' employees will be non-American. So as far as I'm concerned, Microsoft is an American company in name only. Bill Gates shouldn't even be allowed on Capitol Hill. >>
Hey let's not shoot the messenger.
I'm not a big MS fan or BillG fan, and I agree that this is a sorry state of affairs,
but if the reality here is such that every other software company worth mentioning
has left the US, why in the world would/should MS stay? You can't blame a man or
company for doing what it legally can do/needs to do, to succeed. At least MS is vocal
about why it is doing it, even though it results in massive bad press and negative
feelings. It's nothing every other large corp. hasn't all ready done on the QT.
...
<< <i>
<< <i>Everyone but workers and sucker shareholders benefited from the dot-com bubble. >>
That's not really true. Many workers became millionaires. You just had to be in the right place at the right time. One secretary at Yahoo! made enough money to buy a castle in England and fly everyone over for Halloween. >>
No that is really true. You were much more likely to be hit with a big tax bill for exercising options on stock that eventually became worthless. For every one secretary at Yahoo who got extremely lucky there were thousands of people who went broke. Your argument is like saying "Vegas is a good investment because this one guy over here hit the jackpot and bought a mansion". What about the other million people who lost their life savings? Oh, well, we won't talk about them.
<< <i>
<< <i>
<< <i>Everyone but workers and sucker shareholders benefited from the dot-com bubble. >>
That's not really true. Many workers became millionaires. You just had to be in the right place at the right time. One secretary at Yahoo! made enough money to buy a castle in England and fly everyone over for Halloween. >>
No that is really true. You were much more likely to be hit with a big tax bill for exercising options on stock that eventually became worthless. For every one secretary at Yahoo who got extremely lucky there were thousands of people who went broke. Your argument is like saying "Vegas is a good investment because this one guy over here hit the jackpot and bought a mansion". What about the other million people who lost their life savings? Oh, well, we won't talk about them. >>
The vast majority of the people you are talking about were millionaires. You didn't get hit with the AMT without making a lot of money. Many people hit by the AMT got greedy and thought that the millions they had already weren't enough. Not every Internet millionaire thought the euphoria would last forever and held on to their stock options even though their companies made no money and only attracted eyeballs. Yes, the AMT sucked big time for the people that were stuck with it and it's fair to blame Bush for not offering AMT relief because CA is a Democratic state. But some people made out and some didn't, that's the nature of capitalism, the US markets and politics. Aside from the wealthy people that thought their revenue/profit-less company stock would go up forever, many people made decent salaries during that time. Off-shoring became a big thing later and the value of off-shoring is starting to diminish now. Of course, now Canada may be the place to go which is really across the border than off-shore.
Your Vegas analogy is incorrect but works with a little adjustment. Basically the people that were hit with the AMT made lots of money and owed taxes. But instead of cashing in some of their stock options to pay for the taxes, they gambled (holding on to options) with money they owed (tax dollars) and lost. So they did gamble but they only gambled after they made lots of money and with money they owed someone else.