When will Americans learn the value of a dollar?

Now that the Stimulus bill has nearly passed through Congress and soon to be passed into action it is worth knowing this is not the only other time since The New Deal that the U.S. government has intervened where the "money changers" have hit and run.

In 1974 the Federal Reserve loaned nearly $2 billion to Franklin National Bank whose hemmororaghe of $64 million within months of the new year made it the largest bank failure up until last year's crisis. Much earlier still, during WWI, the newly created Federal Reserve issued essentially worthless notes when the Treasury Secretary closed the New York Stock Exchange in 1914 to prevent foreign powers from converting their dollars to gold (and shipping it to Europe). And the Monkey, ever the poor student, didn't learn from even his father's history. In 1989 the Bush Administration stepped in when S&Ls, which had been deregulated, nose dived along with a depressed housing market that, in all, cost taxpayers $130 billion to right.

And I read President Obama's $800 billion was the conservative estimate.

Quote John Adams: All the perplexities, confusion and distress in America rise...from downright ignorance of the nature of the coin, credit and circulation.

In short, Americans--still!--don't know the value of a dollar.