Conspiracy Watch: The Amero

Are the US, Mexico, and Canada about to share a single currency? No! ¡No! Non!

THE CONSPIRACY: Secret plans are afoot to merge the United States into an E.U.-like union with Canada and Mexico. The Security and Prosperity Partnership of North America, a trade agreement being discussed between George W. Bush and our neighbors, is actually a cover for a soon-to-be-formed single North American Union. Dollars and pesos will be replaced with a new North American currency called the "Amero." The new "superstate" would erase the current borders, leading to a flood of former Mexicans into the region once known as the United States.

THE CONSPIRACY THEORISTS: Jerome Corsi, coauthor of Unfit for Command: Swift Boat Veterans Speak Out Against John Kerry, who's managed to enlist the sympathies of Minuteman founder Jim Gilchrist and anti-immigration Rep. Tom Tancredo (R-Colo.). And Rep. Virgil Goode (R-Va.), who introduced a bill last September stating the United States should not enter into said North American Union.

MEANWHILE, BACK ON EARTH: The spp is real, but it's a run-of-the-mill free-trade program along the lines of nafta. The idea for a single North American currency has been floated by academics, but that's it.

Kookiness Rating (1=maybe they're on to something, 5=break out the tinfoil hat): 4