Vicente Fox Confirms Plans for "Amero" on Larry King Live

[Mempho]

Not referred to as an Amero, just a common currency.

[ QUOTE ]
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.

[/ QUOTE ]

http://transcripts.cnn.com/TRANSCRIP...08/lkl.01.html

Further, is Hugo Chavez really a bad guy or is it that he just disagrees with this plan and has gone protectionist?

[Barretboy]

This has already been posted in the other Amero thread.