How the Bush Family Name and Wealth Was Partly Built


Former Federal Prosecutor John Loftus confirms the Bush-Nazi scandal
Copyright October 31. 2003 (Reprinted under FAIR USE Doctrine)
Some of our most famous American families, including the Bushes, made their fortunes from the Holocaust. Before I tell this awful story, I have to admit that I am a Democrat, but I quite like this President. He is not the sharpest tool in the shed,but he has a good heart, and the good sense not to follow in his father’s footsteps.”W” has some good people around him who keep a firewall in the White House against his father’s oil cronies.
In terms of Republican politics, “W”is a rebel. Morally, George W. Bush is the polar opposite of his grandfather and great grandfather(the “W” stands for Walker) who caused such havoc in the world with their Nazi investments. One cannot blame “W” for what his grandfather did, anymore than one can blame Jack Kennedy because his father bought Nazi stocks. What most people do not know is that Joseph Kennedy bought his Nazi stocks from Prescott Bush.Every great family has its scandal.
The Bush family’s scandal is that they funded Hitler and profited from the Holocaust. It is quite possible that “W” (and his boyhood friend William Stamps Farrish, now US Ambassador to Britain) have tilted towards Israel perhaps because they wished to atone for the sins of their fathers. (Farrish’s father committed suicide over his father’s connections to the Bush-Nazi scandal.) Whatever the reason for the rebellion of the grandchildren, this Bush is quite a different man than his forbears. I like him and wish him well. But liking this Bush does not excuse my duty as a historian to tell the truth and let the chips fall where they may.
There was a great deal of skepticism ten years ago when I first wrote about the Bush-Nazi scandal in my book, “The Secret War Against the Jews.” Its historical validity has now been confirmed by the ground breaking work of reporter John Buchanan. In October 2003, Buchanan unearthed the recently released Bush-Thyssen files in the US National Archives. These long buried US government files demonstrate that the Bush family stayed on the corporate boards of Nazi front groups even after they knew beyond a shadow of a doubt that they were helping the financial cause of the Third Reich.
It was all about the money. Nazi Germany is where the Bush family fortune came from, and where the Harrimans, and the Rockefellers increased their fortunes to obscene proportions. Of course some of them were quite rich to begin with. The Harriman railroad monopoly helped create the Rockefeller oil monopoly in the 1800’s. Their despicable price fixing schemes earned them the press label “the Robber Barons.”
My favoriteRepublican Teddy Roosevelt ruined their rapacious profits with his anti-monopoly and anti-trust legislation. The Robber Barons bribed Congress (it happens) into passing a loophole, the Web-Pomerene Act of 1918 which legalized cartels and monopolies outside the borders of the United States. This loophole law let the Robber Barons loose to prey on a helpless world already ravaged by the human and and financial cost of WWI. Averil Harriman (patriarch of the famous Democratic family) promptly broke another American law by secretly financing the Bolsheviks while American, British and WhiteRussian troops were still fighting against the infant communist revolution. (TheFBIARCOS” files on Harriman’s connections with the Soviets are quite a read). Harriman bribed Lenin into letting him take over the Czar’s cartels,which exported managanese, iron ore and other raw materials. Harriman shipped the Russian raw materials to his German partners, the Thyssens, who had been secretly bought out by the Rockefellers.
The Rockefeller’s lawyers, the Dulles Brothers, had deliberately and systematically bankrupted the German economy with the Versaille Treaty. German currency was almost worthless after WWI, and so the Dulles brother’s favorite clients, the Rockefellers,were able to buy the stock of nearly every German company for a song. The great sucking sound that preceded the Great Depression was the whistling of Wall Street money out of America into Germany, Russia (and as a side deal, Saudi Arabia).
Two generations later, we are still paying for it. The Robber Barons did not call it an international crime. They called it synergy. Harriman’s Soviet cartels would deliver the raw materials, Rockfeller’s high-tech German companies (the Thyssens) would process the manganese into steel for Harriman’s railroads. To save transportation costs, the Robber Barons looked for a middle ground in eastern Poland for a future factory site. It had to be in the coal fields of Silesia, on the banks of the Vistula river, where a canal could be dug to ship materials in cheaply from Russia.
The Polish town was named Oswieczim, later known to the world by its German name: Auschwitz. It was not a killing factory then, although slave labor was always contemplated for the maximum profit factor. Auschwitz was designed to process Silesian coal into tar additives necessary for Russian aviation fuel. It was a high tech German chemical factory built to balance out Harriman’s Russian-to-Germany export trade. The Rockefeller-Harriman front company that financed Auschwitz was called Brown Brothers Harriman. It is still around today.
Our President’s great grandfather, Herbert Walker, founded the company, and appointed his impecunious son-in-law PrescottBush to the boards of several holding companies, all of which became Nazi fronts.The Walkers and Bushes never really liked the Nazis, anymore than Harriman liked the communists. To the robber barons, they were just dogs on a leash. One day the dogs broke their chains, and Hitler and Stalin got loose. Fifty million people died as a result of a bad investment.
The Robber Barons saw it coming. Their lawyers, the Dulles brothers, had a contingency plan. They had established three banks, one in Germany, one in Holland, and one in New York (the Union Banking Corporation, headed by the ever-useful son-in-law Prescott Bush). No matter who won World war II, the corporate stocks would be shifted around to whichever bank was in a neutral country when the war was over. After WW II, the Dulles brothers’ shell game deceived a gullible and war-weary world. The “neutral” Dutch bank reclaimed their German assets as “stolen”by the Nazis, and the whole merry fraud continued.
Prescott Bush got his Union Bank back from the US Government in 1951, despite its seizure in 1942 as a Nazi front. Prescott Bush and father-in-law Walker were paid two shares worth about $1.5 million in 1951 dollars. It was a petty payoff for a job well done. Nearly 4,000 shares (98% of the Union Bank holdings) were held by Roland Harriman in trust for the Rockefellers. That’s about three billion in 1951 dollars, more than 30 billion dollars in today’s money. Most of it was reinvested in post-war Germany where they made even more obscene profits. After all, Germany was just as cash starved after World War II as they were after World War I. It was just another cycle in the Robber Baron’s spreadsheet.
Everyone made money off the Holocaust, except of course the Jews and the Allied soldiers. A few decades later things had quieted down and all the Nazi money finally came home to Wall Street. By 1972, one of Rockfeller’s assets, the Chase Manhattan bank in New York, secretly owned 38% of the Thyssen company, according to internal Thyssen records in my custody. Not a bad payoff for the Robber Barons.
The Auschwitz investment paid off handsomely. The Thyssen-Krupp corporation is now the wealthiest conglomerate in Europe. WWII is over. The Germans won. Also in the 1970’s, Brown Brothers Harriman, perhaps coincidentally, convinced the ever pliant New York State Banking Commission to issue a regulation permitting them to shred all their records for the Nazi period.
The Robber Barons, unlike the Swiss bankers, knew how to cover their tracks. There were, of course, exceptions. Von Kouewenhoven, director of the Dutch Bank, discovered the secret Thyssen-Nazi connection after the war, and foolishly went to New York to warn his old friend Prescott Bush. His body was found two weeks later. It was reported with a straight face that he died of a heart attack.
A dear friend of mine, former American secret agent William E. Gowen, played a principal role in unravelling the entire Bush-Nazi scandal. Gowen confirmed that years after Von Kouenhowen’s death, another Dutch investigator, a journalist named Eddie Roever, also suffered a convenient heart attack just as he was about to confront Baron Heinrich von ThyssenBjornaMissa at his palatial London home, across from Margaret Thatchers. Margaret Thatcher may not have known (or maybe she did) that her neighbor Baron Heinrich’s brother was the infamous Nazi, Fritz Thyssen, who served Brown BrothersHarriman at the heart of the Nazi war machine.
The Dulles Brothers hired ghost writers for Fritz’s mea culpa book “I Financed Hitler.” To this day, gullible American media believe that Fritz Thyssen turned against Hitler in disgust at the last moment before WWII. Now that is spin! The truth is that Prescott’s Union Bank loaned the money to the Dutch Bank that loaned Hitler the money to build his first Nazi headquarters, the Braun Haus in Munich.
The Thyssen’s factories built the Bismark, the rail lines to Auschwitz and Treblinka, and sent the rest of their steel to their cartel partners, Flick and Krupp. Together, these war criminals made the bullets and the bombs that killed our parents’ generation. They got away with it. It is not surprising that their grandchildren are ashamed of how their families made their money. The only surprise is that the American media is still afraid to go to the US national archives and look at the files that John Buchanan found. But then,I am not surprised at all.
Here is what I wrote nearly ten years ago in “The Secret War Against the Jews”: THE BUSH-DULLES-NAZI CONNECTION:
“George Bush’s problems were inherited from his namesake and maternal grandfather, George Herbert ‘Bert’ Walker, a native of St. Louis, who founded the banking and investment firm of G. H. Walker and Company in 1900. Later the company shifted from St. Louis to the prestigious address of 1 Wall Street. . . . “Walker was one of Hitler’s most powerful financial supporters in the United States. The relationship went all the way back to 1924, when Fritz Thyssen, the German industrialist, was financing Hitler’s infant Nazi party.
As mentioned in earlier chapters, there were American contributors as well. “Some Americans were just bigots and made their connections to Germany through Allen Dulles’s firm of Sullivan and Cromwell because they supported Fascism. The Dulles brothers, who were in it for profit more than ideology, arranged American investments in Nazi Germany in the 1930s to ensure that their clients did well out of the German economic recovery. . . . “Sullivan & Cromwell was not the only firm engaged in funding Germany.
According to ‘The Splendid Blond Beast,’ Christopher Simpson’s seminal history of the politics of genocide and profit, Brown Brothers, Harriman was another bank that specialized in investments in Germany. The key figure was Averill Harriman,a dominating figure in the American establishment. . . . “The firm originally was known as W. A. Harriman & Company. The link between Harriman & Company’s American investors and Thyssen started in the 1920s, through the Union Banking Corporation, which began trading in 1924.
In just one three-year period, the Harriman firm sold more than $50 million of German bonds to American investors. ‘Bert’ Walker was Union Banking’s president, and the firm was located in the offices of Averill Harriman’s company at 39 Broadway in New York. “
In 1926 Bert Walker did a favor for his new son-in-law, Prescott Bush. It was the sort of favor families do to help their children make a start in life, but Prescott came to regret it bitterly. Walker made Prescott vice president of W. A. Harriman. The problem was that Walker’s specialty was companies that traded with Germany.
As Thyssen and the other German industrialists consolidated Hitler’s political power in the 1930s, an American financial connection was needed. According to our sources, Union Banking became an out-and-out Nazi money-laundering machine.. . . “In [1931], Harriman & Company merged with a British-American investment company to become Brown Brothers, Harriman. Prescott Bush became one of the senior partners of the new company, which relocated to 59 Broadway, while Union Banking remained at 39 Broadway. But in 1934 Walker arranged to put his son-in-law on the board of directors of Union Banking. “Walker also set up a deal to take over the North American operations of the Hamburg-Amerika Line, a cover for I.G. Farben’s Nazi espionage unit in the United States. The shipping line smuggled in German agents, propaganda, and money for bribing American politicians to see things Hitler’s way. The holding company was Walker’s American Shipping & Commerce, which shared the offices at 39 Broadway with Union Banking.
In an elaborate corporate paper trail, Harriman’s stock in American Shipping & Commerce was controlled by yet another holding company, the Harriman Fifteen Corporation, run out of Walker’s office. The directors of this company were Averill Harriman, Bert Walker, and Prescott Bush. . . . “. . . In a November 1935 article in Common Sense, retired marine general Smedley D. Butler blamed Brown Brothers, Harriman for having the U.S. marines act like ‘racketeers’ and ‘gangsters’ in order to exploit financially the peasants of Nicaragua.. . . “. . . A 1934 congressional investigation alleged that Walker’s ‘Hamburg-Amerika Line subsidized a wide range of pro-Nazi propaganda efforts both in Germany and the United States.’ Walker did not know it, but one of his American employees, Dan Harkins, had blown the whistle on the spy apparatus to Congress.
Harkins, one of our best sources, became Roosevelt’s first double agent . . . [and] kept up the pretense of being an ardent Nazi sympathizer, while reporting to Naval Intelligence on the shipping company’s deals with Nazi intelligence. “Instead of divesting the Nazi money,” continue the authors, “Bush hired a lawyer to hide the assets. The lawyer he hired had considerable expertise in such underhanded schemes. It was Allen Dulles. According to Dulles’s client list at Sullivan & Cromwell, his first relationship with Brown Brothers, Harriman was on June 18, 1936.
In January 1937 Dulles listed his work for the firm as ‘Disposal of Stan [Standard Oil] Investing stock.’ “As discussed in Chapter 3, Standard Oil of New Jersey had completed a major stock transaction with Dulles’s Nazi client, I.G. Farben. By the end of January 1937 Dulles had merged all his cloaking activities into one client account: ‘BrownBrothers Harriman-Schroeder Rock.’
Schroeder, of course, was the Nazi bank on whose board Dulles sat. The ‘Rock’ were the Rockefellers of Standard Oil,who were already coming under scrutiny for their Nazi deals. By May 1939 Dulles handled another problem for Brown Brothers, Harriman, their ‘Securities Custodian Accounts.’ “If Dulles was trying to conceal how many Nazi holding companies Brown Brothers, Harriman was connected with, he did not do a very good job. Shortly after Pearl Harbor, word leaked from Washington that affiliates of Prescott Bush’s company were under investigation for aiding the Nazis in time of war. . . . “. . . The government investigation against Prescott Bush continued.
Just before the storm broke, his son, George, abandoned his plans to enter Yale and enlisted in the U.S. Navy. It was, say our sources among the former intelligence officers,a valiant attempt by an eighteen-year-old boy to save the family’s honor. “Young George was in flight school in October 1942, when the U.S. government charged his father with running Nazi front groups in the United States. Under the Trading with the Enemy Act, all the shares of the Union Banking Corporation were seized, including those held by Prescott Bush as being in effect held for enemy nationals. Union Banking, of course, was an affiliate of Brown Brothers, Harriman,and Bush handled the Harrimans‘ investments as well. “Once the government had its hands on Bush’s books, the whole story of the intricate web of Nazi front corporations began to unravel.
A few days later two of Union Banking’s subsidiaries — the Holland American Trading Corporation and the Seamless Steel Equipment Corporation — also were seized. Then the government went after the Harriman Fifteen Holding Company, which Bush shared with his father-in-law,Bert Walker, the Hamburg-Amerika Line, and the Silesian-American Corporation.
The U.S. government found that huge sections of Prescott Bush’s empire had been operated on behalf of Nazi Germany and had greatly assisted the German war effort.”(1) EDWIN PAULEY “Try as he did,” continue the authors, “George Bush could not get away from Dulles’s crooked corporate network, which his grandfather and fatherhad joined in the 1920s. Wherever he turned, George found that the influence of the Dulles brothers was already there. Even when he fled to Texas to become a successful businessman on his own, he ran into the pirates of Wall Street. “One of Allen Dulles’s secret spies inside the Democratic party later became George Bush’s partner in the Mexican oil business. Edwin Pauley, a California oil man, was . . . one of Dulles’s covert agents in the Roosevelt and Truman administrations . . . a ‘big business’ Democrat. . . .”
Among the key posts held by Pauley were: treasurer of the Democratic National Committee, director of the Democratic convention in 1944 and, after Truman’s election, Truman appointed him the “Petroleum Coordinator of Lend-Lease Supplies for the Soviet Union and Britain.” Just after the end of World War II, “in April 1945 Truman appointed Pauley as the U.S. representative to the Allied Reparations Committee, with the rank of ambassador,” as well as “industrial and commercial advisor to the Potsdam Conference, ‘where his chief task was to renegotiate the reparations agreements formulated at Yalta.’ As one historian noted, the ‘oil industry has always watched reparations activities carefully.’ There was a lot of money involved, and much of it belonged to the Dulles brothers’ clients.” At the same time, report Loftus and Aarons, “the Dulles brothers were still shifting Nazi assets out of Europe for their clients as well as for their own profit. They didn’t want the Soviets to get their hands on these assets or even know that they existed.
Pauley played a significant role in solving this problem for the Dulles brothers. The major part of Nazi Germany’s industrial assets was located in the zones occupied by the West’s forces. As Washington’s man on the ground, Pauley managed to deceive the Soviets for long enough to allow Allen Dulles to spirit much of the remaining Nazi assets out to safety. . . . “Pauley, a key player in the plan to hide the Dulles brothers’ Nazi assets, then moved into another post where he could help them further.
After successfully keeping German assets in Fascist hands, Pauley was given the job of ‘surveying Japan’s assets and determining the amount of its war debt.’ Again, it was another job that was crucial to the Dulles clique’s secret financial and intelligence operations.” (2) After Pauley retired from government work he went back to being an independent oilman.
Loftus and Aarons state that: “In 1958 he founded Pauley Petroleum which:. . . teamed up with Howard Hughes to expand oil production in the Gulf of Mexico.” Pauley Petroleum discovered a highly productive offshore petroleum reserveand in 1959 became involved in a dispute with the Mexican Government, which considered the royalties from the wells to be too low. “According to our sources in the intelligence community, the oil dispute was really a shakedown of the CIA by Mexican politicians. Hughes and Pauley were working for the CIA from time to time, while advancing their own financial interests in the lucrative Mexican oil fields. Pauley, say several of our sources, was the man who invented an intelligence money-laundering system in Mexico, which was later refined in the 1970s as part of Nixon’s Watergate scandal.
At one point CIA agents used Pemex, the Mexican government’s oil monopoly, as a business cover at the same time Pemex was being used as a money laundry for Pauley’s campaign contributions. As we shall see, the Mexican-CIA connection played an important part in the development of George Bush’s political and intelligence career. . . .”Pauley, say the ‘old spies,’ was the man who brought all the threads of the Mexican connection together. He was Bush’s business associate, a frontman for Dulles’s CIA [Allen Dulles was CIA director then], and originator of the use of Mexican oil fronts to create a slush fund for Richard Nixon’s various campaigns. . . . “Although it is not widely known, Pauley, in fact, had been a committed, if’secret,’ Nixon supporter since 1960.
It should be recalled that Nixon tried to conceal his Mexican slush fund during the Watergate affair by pressuring the CIA into a ‘national security’ cover-up. The CIA, to its credit, declinedto participate. Unfortunately, others were so enmeshed in Pauley’s work for Nixon that they could never extricate themselves. According to a number of our intelligence sources, the deals Bush cut with Pauley in Mexico catapulted him into political life.
In 1960 Bush became a protege of Richard Nixon, who was then running for presidentof the United States. . . . “The most intriguing of Bush’s early connections was to Richard Nixon, who as vice president had supervised Allen Dulles’s covert planning for the Bay of Pigs [invasion]. For years it has been rumored that Dulles’s client, George Bush’s father, was one of the Republican leaders who recruited Nixon to run for Congress and later convinced Eisenhower to take him on as vice president. There is no doubt that the two families were close.
George Bush described Nixon as his ‘mentor.’ Nixon was a Bush supporter in his very first tilt at politics, during his unsuccessful run for the Senate in 1964, and turned out again when he entered the House two years later. “After Nixon’s landslide victory in 1972, he ordered a general house cleaning on the basis of loyalty. ‘Eliminate everyone,’ he told John Ehrlichman about reappointments, ‘except George Bush. Bush will do anything for our cause.’. . . According to Bush’s account, the president told him that ‘the placeI really need you is over at the National Committee running things.’
So, in 1972, Nixon appointed George Bush as head of the Republican National Committee. “It was Bush who fulfilled Nixon’s promise to make the ‘ethnic’emigres a permanent part of Republican politics. In 1972 Nixon’s State Department spokesman confirmed to his Australian counterpart that the ethnic groups were very useful to get out the vote in several key states.
Bush’s tenure as head of the Republican National Committee exactly coincided with Laszlo Pasztor’s 1972 drive to transform the Heritage Groups Council into the party’s official ethnic arm. The groups Pasztor chose as Bush’s campaign allies were the emigre Fascists whom Dulles had brought to the United States. . . . “. . . Nearly twenty years later, and after expose’s in several respectable newspapers, Bush continued to recruit most of the same ethnic Fascists, includingPasztor, for his own 1988 ethnic outreach program when he first ran for president.”
According to our sources in the intelligence community,” state the authors,”it was Bush who told Nixon that the Watergate investigations might start uncovering the Fascist skeletons in the Republican party’s closet. Bush himself acknowledges that he wrote Nixon a letter asking him to step down. The day after Bush did so, Nixon resigned. “Bush had hoped to become Gerald Ford’s vice president upon Nixon’s resignation, but he was appointed U.S. ambassador to the UN. Nelson Rockefeller became vice president and chief damage controller. He formed a special commission in an attempt to preempt the Senate’s investigation of the intelligence community.
The Rockefeller Commission into CIA abuses was filled with old OPC [Dulles’sOffice of Policy Coordination] hands like Ronald Reagan, who had been the front man back in the 1950s for the money-laundering organization, the Crusade for Freedom,which was part of Dulles’s Fascist ‘freedom fighters’ program.”(3) In 1988, Project Censored, a news media censorship research organization, awarded the honor of “Top Censored story” to the subject of George Bush. The article revealed “how the major mass media ignored, overlooked or undercovered at least ten critical stories reported in America’s alternative press that raised serious questions about the Republican candidate, George Bush, dating from his reported role as a CIA ‘asset’ in 1963 to his Presidential campaign’s connection with a network of anti-Semites with Nazi and fascist affiliations in 1988.”(4)
NOTES: GEORGE HERBERT WALKER BUSH
1.The Secret War Against the Jews, pp. 357-361
2.Ibid., pp. 362-364
3.Ibid., pp. 365-371
4.The 1993 Project Censored Yearbook: The News That Didn’t Make The News – And Why, Project Censored; Dr. Carl Jensen, Director., pp. 230.
Advertisements

About jimcraven10

About jimcraven10 1. Citizenship: Blackfoot, U.S. and Canadian; 2. Position: tenured Professor of Economics and Geography; Dept. Head, Economics; 3. Teaching, Consulting and Research experience: approx 40 + years all levels high school to post-doctoral U.S. Canada, Europe, China, India, Puerto Rico and parts of E. Asia; 4. Work past and present: U.S. Army 1963-66; Member: Veterans for Peace; former VVAW; Veterans for 9-11 Truth; Scholars for 9-11 Truth; Pilots for 9-11 Truth; World Association for Political Economy; Editorial Board International Critical Thought; 4.. U.S. Commercial-Instrument Pilot ; FAA Licensed Ground Instructor (Basic, Advanced, Instrument and Simulators); 5. Research Areas and Publications: International law (on genocide, rights of nations, war and war crimes); Imperialism (nature, history, logic, trajectories, mechanisms and effects); Economic Geography (time and space modeling in political economy; globalization--logic and effects; Political Economy and Geography of Imperialism); Indigenous versus non-Indigenous Law; Political Economy of Socialism and Socialist Construction; 6. Member, Editorial Board, "International Critical Thought" published by the Chinese Academy of Social Sciences; International Advisory Board and Columnist 4th Media Group, http://www.4thMedia.org (Beijing); 7. Other Websites publications at http://www.aradicalblackfoot.blogspot.com; wwwthesixthestate.blogspot.com;https://jimcraven10.wordpress.com; 8.Biography available in: Marquis Who’s Who: in the World (16th-18th; 20th; 22nd -31st (2014) Editions); Who’s Who in America (51st-61st;63rd-68th(2014) Editions); Who’s Who in the West (24th- 27th Editions);Who’s Who in Science and Engineering (3rd to 6th, 8th, 11th (2011-2012) Editions); Who’s Who in Finance and Industry (29th to 37th Editions); Who’s Who in American Education (6th Edition). ------------------- There are times when you have to obey a call which is the highest of all, i.e. the voice of conscience even though such obedience may cost many a bitter tear, and even more, separation from friends, from family, from the state, to which you may belong, from all that you have held as dear as life itself. For this obedience is the law of our being. ~ Mahatma Gandhi
This entry was posted in The Sixth Estate. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s