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Bush family funded Adolf Hitler
13.05.2003 [14:40]


Have you ever wondered how Adolph Hitler – a mediocre painter of Austrian
origin – transformed himself into Germany’s Fuhrer during the 1930s and
1940s?

The Nazi phenomenon was no historical coincidence, and far less a
philosophical whim made real by just one man. Nazism had its followers, many
of them exceptionally wealthy, veritable alchemists of the financial world
back then.

According to research carried out over the last few years, Wall Street
bankers (amongst others) financed Hitler’s rise to power whilst making large
profits at the same time. What is yet still more deplorable is the fact that
relatives of the current U.S. president were amongst this group of
individuals.

U.S. authors Webster G. Tarpley and Anton Cheitkin reveal in the recently
published George Bush: The Unauthorized Biography that Prescott Bush (George
W. Bush’s grandfather) and other directors of the Union Banking Company (UBC)
were Nazi collaborators.

The book relates how in 1922 – when national socialism was emerging –
railroad impresario W. Averell Harriman traveled to Berlin and interviewed
the Thyssen family with a view to founding a German-U.S. bank. The Thyssens
were already behind-the-scenes owners of several financial institutions that
allowed them to transfer their money from Germany to the Netherlands and from
there onto the United States.

The banks in question were the August Thyssen Bank whose headquarters were
located in Berlin; the Bank voor Handel (Netherlands) and the Union Banking
Corporation (New York). At the beginning of the 1920s, one of the members of
this family, Fritz Thyssen – author of I Paid Hitler – contributed some
$25,000 USD to the recently formed German National Socialist Workers’ Party,
becoming the prime and most important financier of the Fuhrer in his ascent
to power.

According to the book’s authors, Thyssen was fascinated by Hitler, citing his
talent as a public speaker and his ability to lead the masses. However, what
impressed him most was the order that prevailed at his rallies and the almost
military discipline of his followers.

And so, in 1931 Thyssen joined the Nazi party, becoming one of the most
powerful members of the Nazi war machine.

At that time, the magnate presided over the German Steel Trust, a steel
industry consortium founded by Clarence Dillon, one of Wall Street’s most
influential men. One of Dillon’s most trustworthy collaborators was Samuel
Bush: Prescott’s father, George Senior’s grandfather and great-grandfather of
the current U.S. president George W. Bush.

In 1923, Harriman and the Thyssens decided to set up a bank and appointed
George Herbert Walker – Prescott’s father-in-law – as president. Later, in
1926, they established the Union Banking Corporation (UBC) with Prescott Bush
at the helm. That same year, he was also named vice president and partner at
Brown Brothers Harriman. Both firms allowed the Thyssens to send money to the
United States from Germany via the Netherlands.

U.S. economist Victor Thorn has noted that although a large number of other
corporations aided the Nazis (such as Standard Oil and Rockefeller’s Chase
Bank, as well as U.S. automobile manufacturers) Prescott Bush’s interests
were much more profound and sinister.

Thorn adds that UBC became a secret channel to protect Nazi capital leaving
Germany for the United States via the Netherlands. When the Nazis needed to
retrieve their funds, Brown Brothers Harriman sent them directly to Germany.

In this way, UBC received money from the Netherlands and Brown Brothers
Harriman sent it back. And who was on the executive of both of these
companies? Prescott Bush himself, the Nazis’ first money launderer.

In their book, Tarpley and Cheitkin explain that in this way a significant
part of the Bush family’s financial base is related to supporting and aiding
Adolph Hitler. Therefore, the current U.S. president, just like his father
(former CIA director, vice president and president) reached the peak of the
U.S. political hierarchy thanks to his great-grandfather and grandfather and
generally his entire family, who financially aided and encouraged the Nazis.

Some time later, in October 1942, the U.S. authorities confiscated Nazi bank
funds from the New York UBC, whose then president was Prescott. The firm was
condemned as a financial and commercial collaborator with the enemy and all
its assets were seized.

Later, the U.S. government also ordered the seizure of the assets of a
further two leading financial agencies directed by Prescott through the
accounts of the Harriman banking institution: the Holland-America Trading
Corporation (a U.S.-Dutch commercial firm) and the Seamless Steel Equipment
Corporation.

Then on November 11, 1942, an embargo was imposed on the Silesian-American
Corporation – another firm headed by Bush and Walker – under the same Trading
with the Enemy Act.

However, in 1951, the embargo was lifted and the enterprising businessman
recovered some $1.5 million USD, earmarked for new investments largely to
swell the Bush family’s patrimony.

To this should be added a resumé of files belonging to Dutch and U.S.
information services confirming the direct links between Prescott Bush, the
German Thyssen family and the blood money of a group of rich U.S. families
from the Second World War.

Tarpley and Cheitkin affirm that the great financial crash of 1929-1931
affected the United States, Germany and Britain, weakening their respective
governments. At the same time, Prescott Bush became even more diligent, still
more desirous of doing everything that was necessary to safeguard his place
in the world. It was during this crisis that some members of the Anglo-U.S
wealthy class supported the installation of Hitler’s regime in Germany.

To sum up, the authors categorically state that the Bush family’s fortune
arose as a result of its unconditional support for Adolph Hitler’s political
project.

The UBC, under Prescott Bush’s direction and with the long-term cooperation
of Fritz Thyssen’s German Steel Trust participated in the emergence,
preparation and financing of the Nazi war machine through the manufacture of
armored vehicles, fighter planes, guns and explosives.

The Bush family’s habit of dominating territories and wealth is nothing new.
Their fascist genes were generated during the 1930s. Therefore defining the
occupation of Afghanistan and Iraq and the threats to other countries as a
continuance of blitzkreig offensives as fascist is no blunder. Neither is
convening an anti-fascist front is a rhetorical exercise.