Word: pensioner
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Dates: during 1960-1969
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Kennedy's toughest chore of the week was to address the annual American Legion convention in Miami. Most Legionnaires remembered that in speaking against a Legion-sponsored veterans' pension bill in 1949, Kennedy said on the floor of the House: "The leadership of the American Legion has not had a constructive thought since 1918." Noting wryly in passing that he had "learned a good deal about the Legion, especially since 1949," Legionnaire Kennedy then delivered a call for stronger defenses-suggested an airborne SAC alert, called for a crash program for Polaris and Minuteman missiles, a jet airlift...
...stock holding that belonged to the widow and four children of Sherman Hoar Bowles, the papers' eccentric last dynastic proprietor, who died in 1952. But until 1967. voting rights to that 45% are held, by a voting trust controlled by trustees of the papers' pension funds. (Bowles, though he fought unions, was a paternalistic employer who wanted his own employees to have a big stake in their paper.) Thus, along with another 15% actually owned by the pension fund, the trustees (all of them staff members) are in control...
...also because, as one girl said, "you don't have to take them back where you found them." Largely self-employed, the most successful of Milan klaxoners take in as much as $160 nightly, charging about $20 for a ride to a 45-minute assignation in hotel, pension or apartment. Some, starting with a down payment on a tiny Fiat 600, have worked up to Alfa Romeos, Lancias and Fords equipped with bar, reclining seats, recorded music and soft lights...
Once again, welfare was the vote winner. Last year the Socialists introduced an old-age pension for all workers starting at 67, which would pay them 60% of their highest lifetime wage. To pay for it, they decreed a sweeping 4% sales tax on everything from books to food...
...them Roosevelt could shrug off; others were far from laughable: Father Coughlin, who described himself as "a religious Walter Winchell" and believed that all bankers were devils and Jewish bankers the most devilish of the lot; Dr. Francis Townsend, who proposed to give every oldster over 60 a pension of $200 a month with the proviso that he spend it within the month; Huey Long, Louisiana's "messiah of the rednecks," who, in a rare moment of insight, called himself "a wedded man with a storm for my bride...