I think the thing he was calling "bunk" was that there was a large secret working group in the executive branch working to implement this. Not that there wasn't a Council on Foreign Relations who was pushing the idea.
I don't think that's "bunk" either. How can we ignore the senate, their bill, the president's behavior, the fact that their answer to our demand that they stop the illegal alien problem is to create a way to bring tens of millions more people into the country?
Not to mention the president himself, calling the Minutemen "vigilantes" from his ranch in Texas, while he was conferring with the Canadian Prime Minister and Vicente Fox?
Sorry. It's not bunk. It's in the papers and in front of our eyes. We ignore it at our peril.