Word: pensionable
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Chairman Hamilton himself at Cleveland (barging into the campaign of Robert A. Taft, who is trying to unseat Ohio's Senator Bulkley) : "The money you have paid into the Treasury for your old-age pension is not there. It has been spent, for Heaven knows what, and in its place is only an I.O.U. Unless the law is changed, when the time comes to start paying you a pension the Treasury will be required either to default or to tax you and the remainder of the country to get the money. . . . Instead of weakening Social Security, Republicans will strengthen...
Across the country, as smart Jackson Elliott could see, the pension wave had lesser crests, and in California spring tide seemed at hand. California the wonderland, California the rugged and golden, lies at that edge of the continent where the migrations that made the nation ended. There the last vanguard of pioneers halted and the rearguard of sick, halt, lame, blind, crooked and crazy have caught up. It is a home of saints and scoundrels, heroines and houris. There since Depression I has grown up a strange society in which men born in the great open spaces and hardshells with...
Green Cheese. If the political potency of pension promises is the result of lunacy, then California is not alone in being moonstruck. Lee ("Pass the Biscuits Pappy") O'Daniel demonstrated the stump value of old age pensions in winning the Democratic nomination (virtual election) for Governor of Texas. Colorado is going gently broke because its promisers tried to give the oldsters too much ($45 a month). Last week Franklin Roosevelt, the smartest politician in the big U. S., recommended that the Social Security Act should be revised to extend its benefits to another...
...backwash of its major pension battle Californians are waging not only a fight for a Senate seat but for their Governorship. Centre of the Governorship battle...
...lastest form, the Townsend Plan proposes Federal pensions, up to a maximum of $200 per month, for all persons 60 or over proving indigence, the amount paid to vary monthly by prorating among all certified pensioners the proceeds 20% :"transaction tax" (levied on every exchange of money for goods services.) The pensioners would be required to spend all their pension money each month before receiving more. Last week Dr. Townsend was in Hawaii studying a "gross income" tax of similar design instituted there in 1935 to increase the velocity of exchange...