He identified the president for being too friendly to the Jewish Bankers as he believed that the president’s monetary policies were allowing the banks and the “money-changers” to make a profit instead of helping those who were severely affected by the depression. He started an organization called the National Union for Social Justice and continued to talk about monetary reforms that would allow equal redistribution of wealth and help those who were living in miserable conditions. However, despite having millions of followers, the Coughlin movement seemed ineffective in changing public opinion, as the voters strongly backed Roosevelt’s New Deal in the election of 1936. Soon Coughlin lost his influence in the White House but did not stop from expressing anti-Sematic views and praising the fascist governments of Hitler and Mussolini which caused him to lose much of his support as America entered the
He identified the president for being too friendly to the Jewish Bankers as he believed that the president’s monetary policies were allowing the banks and the “money-changers” to make a profit instead of helping those who were severely affected by the depression. He started an organization called the National Union for Social Justice and continued to talk about monetary reforms that would allow equal redistribution of wealth and help those who were living in miserable conditions. However, despite having millions of followers, the Coughlin movement seemed ineffective in changing public opinion, as the voters strongly backed Roosevelt’s New Deal in the election of 1936. Soon Coughlin lost his influence in the White House but did not stop from expressing anti-Sematic views and praising the fascist governments of Hitler and Mussolini which caused him to lose much of his support as America entered the