Loyalty Program Quotes
In the midst of the Great Depression, Townsend had organized millions of Americans into “Townsend Clubs” to save money for their old age retirement. Townsend had proposed that the Government should run such a program where workers paid in every week and then all who were retired or disabled received $30 a week for like. There was no national pension plan at the time. When Townsend together with two right wing religious extremists formed the Union Party, the one vulnerability that the Roosevelt Administration felt it had was the lack of an old-age pension plan. Within a few days, Roosevelt proposed a new plan of the New Deal to Congress. It was called Social Security. It passed in record time.
