Tuesday, October 9, 2007

Vicente Fox Admits Plan For Single NAFTA Currency

Former Mexican president wants North American Union based on EU


RELATED: Ex-Mexican prez: Yes, there will be an amero


Mexico's former president, Vicente Fox, made an astounding admission last night on CNN's Larry King Live when he acknowledged the plan for a NAFTA single currency, a "euro-dollar" as King labeled it.


Fox also vowed to help unite the Americas beyond a trade agreement, following what he described as "a new vision, like we are trying to do with NAFTA".


The comments follow Fox's appearance on The Daily Show in which he advocated the creation of a North American Union based on the model of the European Union.


Watch the video.






TRANSCRIPT FROM CNN.com.


KING: E-mail from Mrs. Gonzalez in Elizabeth, New Jersey. "Mr. Fox, I would like to know how you feel about the possibility of having a Latin America united with one currency?"


FOX: Long term, very long term. What we propose together, President Bush and myself, it's ALCA, which is a trade union for all of the Americas. And everything was running fluently until Hugo Chavez came. He decided to isolate himself. He decided to combat the idea and destroy the idea...


KING: It's going to be like the euro dollar, you mean?


FOX: Well, that would be long, long term. I think the processes to go, first step into is trading agreement. And then further on, a new vision, like we are trying to do with NAFTA.





In a recent appearance on The Daily Show With John Stewart, Fox also expressed his desire for a North American Union based on the model of the European Union.


Source



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