Jonathan Chait

Rand Paul Versus The "Amero"

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David Frum has found another one of Rand Paul's conspiracy theories:

Campaigning in Montana for his father, Ron Paul, in 2008, Rand Paul explicated his belief in an elite plot to replace the U.S. dollar with a new currency: “the Amero.” (You can listen to Rand Paul discuss the plot here.)
 
Creation of the Amero is alleged to be just one step toward a sinister “North American Union.” Another step is a putative “NAFTA super-highway” -- 10 lanes of roaring road stretching through the middle of the United States to connect Canada and Mexico.
 
In his struggle against the Amero, Rand Paul complains, “the thing you just have to be aware of is that, if you talk about it like it's a conspiracy, they'll paint you as a nut.” Paul adds: “It's not a conspiracy; they're out in the open about it.”

Why did the Republican establishment fail to dig this stuff up during Paul's primary campaign? The man is a genuine lunatic.

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