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In some ways it would be easier than the development of the European Monetary Union among 12 , soon-to-be 22 , countries because the Europeans were not sure in 1999 that their plan would work . And I also understand from the rules of this committee and also rules of the House , that if the information is deemed confidential by the committee , then it cannot be released publicly , whether it is Yahoo News or Detroit Free Press . Indeed , in a recent speech at the Pacific Research Institute , Bailey said that with new technology " it 's almost impossible to keep a secret in Washington , DC. " With the recent scandal there , Karl Rove is likely to agree . For the Association , however , such unions are interim steps toward the Global Monetary Union , which would eliminate all currency crises , eliminate the need for costly foreign exchange reserves , eliminate the concern about balance of payments and eliminate currency risk , which would lead to a vast multi-trillion dollar increase in the value of worldwide assets . Membership fees were an important source of income for the Centre Party ( 25 per cent ) and for the Christian Democratic Party ( 10,4 per cent ) , as well as for the political parties that do not receive any economical support from the Government . Those efforts include suing individuals in the U.S ., the attempt to do so in Canada and lobbying efforts to lawmakers , " wrote the Canadian freelancer David Canton in the London ( Ontario ) Free Press .