Comments (29)
sorted by:
You're viewing a single comment thread. View all comments, or full comment thread.
3
Gunsmoke 3 points ago +3 / -0

George Bush’s grandfather [ and George H.W. Bush] , the late U.S. senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany.

The Guardian has obtained confirmation from newly discovered files in the US National Archives that a firm of which Prescott Bush was a director involved with the financial architects of Nazism.

His business dealings… continued until his companies assets were seized in 1942 under the Trading with the Enemy Act.

The documents reveal that the firm he worked for Brown Brothers Harriman (BBH) acted as a US base for the German Industrialist, Fritz Thyssen, who helped financed Hitler in the 1930s before falling out with him at the end of the decade. The Guardians has seen evidence that shows Bush was the director of the New York-based Union Banking Corporation (UBC) that represented Thyssen’s US interests and he continued to work for the bank after America entered the war.

Bush was a founding member of the bank UBC. The bank was set up by Harriman and Bush’s father-in-law to provide a US bank for the Thyssens, Germany’s most powerful industrial family.

By the late 1930s, Brown Brothers Harriman, which claimed to be the world’s largest private investment bank, and UBC had bought and shipped millions of dollars of gold, fuel, steel, coal, and US treasury bonds to Germany, both feeding and financing Hitler’s build-up to war.

Between 1931 and 1933 UBC bought more than $8m worth of gold of which $3m was shipped abroad. According to documents seen by the Guardian, after UBC was set up, it transferred $2m to BBH accounts and between 1924 and 1940 the assets of UBC hovered around $3m, dropping to $1m only on a few occasions.

UBC was caught red-handed operating an American Shell company for the Thyssen family eight months after America had entered the war and that this was the bank that had partly financed Hitler’s rise to power. Indeed, banks often finance both sides of wars. The Federal Reserve and other Central banks also help to start wars by financing them. The banks not just financed both World Wars but also the Cold War. They also found oil and made extreme effort to activate relationships in the Middle East, that then the U.S. government followed, but that’s a different topic I won’t get into. The main bankers who financed both World War I and II along with Hitler’s rise to power were the Rockefellers and the Rothschild Family, as the banks being the Federal Reserve and the Bank of England.

-1
deleted -1 points ago +1 / -2