You Say Amero, I Say Dollar

To add a little more fuel to the already flaming meltdown, I am now hearing rumors around the Internet about a covert monetary coalition between the U.SA., Canada and Mexico that will virtually render all of our hard earned but depleted savings and investments to pennies on the dollar and that these three nations would be trading in a new currency called the Amero.  Here is a little info about it from Wikipedia.  It was Polish economist, Mateusz Machaj who pointed out that the Amero theory is a Canadian pipe dream that is going nowhere, and that the images you see all over the web are actually the designs of a private artist named Daniel Carr. I think back to when European nations banded together to create a common currency.  According to my memory, the reasoning behind the Euro was that these countries were small and people could conceivably travel between them in a short matter of time making money conversion a headache,  especially for tourists.  It took years of working out the details and votes by the people of those countries to make it happen.  During this time, there was much talk on the news and in fact, before it was common knowledge to the masses, one of the soaps (I think it was General Hospital or Guiding Light) picked it up.  I just happened to mention this to my financial advisor one day and he told me about the possibility of some European countries developing a common currency  and he  also told me that it  was common knowledge to speculators and people in the financial market who were buying stock in it.  So, if  there was such a thing as a new coalition form of money involving our country.  I think we would know about it long before it happened.  And if it did happen, there would be a common conversion of all citizen and government money to the new currency as they did in Europe. True, some people did not fair as well as others when their savings were converted, but it would be minimal at best.  Bear in mind, that the American dollar is stronger than the other two currencies and is recognized as acceptable payment in both Canada and Mexico but the peso and the Canadian dollar have to be converted to use as currency in all three countries involved.  So, it would be of no real benefit to us to make such a dramatic change.  Besides, many world goods, such as oil, are priced in American dollars and I can’t see the Republicans (who have lost so much lately) letting go of this power (and it is a power and a very sore sport with OPEC).  We also need to take into consideration the problems these countries are now facing in this economic down turn.  Countries who trade in Euros and are less affected by the meltdown do not want to bail out other Euro currency countries who are in over their heads.  Nobody foresaw this type of financial woe when they agreed to a common currency. Be assured, we are in for tough times ahead, because the whole world is involved in this financial crisis.  And by virtue of its size, it will take  a long time to turn the economy around to where we are prosperous once again.  At this point, there are so many factors involved and so many countries affected that we need to get it right on the first try and I don’t have a lot of faith in the people in charge to make this happen.  For one thing, I believe that the people in charge are distanced from the financial problem because no matter what happens, by virture of their positions and standings in life they will be protected.  Unless you have a “golden parachute” of your own, plan on pulling up the petunias and planting vegetables; we are in this for the long haul.
‘; //leave this line

//This is the custom advertisement that you can add anywhere you like by placing into your post. Surround it by any HTML you like.
$customad = ‘

‘; //leave this line

?>