International Forecaster Weekly

Recently Declassified Documents Detail Prescott Bush Dynasty Financing Of Nazis Rise To Power

Recently declassified documents detail Prescott Bush dynasty financing of Nazis rise to power...Gifts to Hitler, dummy banks and more... more than 5 years on in Afghanistan and no end in site... resource nationalism among developing countries....

Bob Chapman | September 16, 2006

We have mentioned a number of times that the Bush family was involved with others in financing of Adolph Hitler. George W. Bush’s grandfather was a director and shareholder of companies that profited from being a financial backer of National Socialism, which is the marriage of corporate and government interests. In 1942 his company’s assets were seized under the Trading with the Enemy Act, and that has led to a civil action for damages being brought against the Bush family by two former slave laborers at Auschwitz. The evidence has also prompted one former US Nazi war crimes prosecutor to argue that the late senator’s action should have been grounds for prosecution for giving aid and comfort to the enemy.

New documents declassified last year, show that even after America had entered the war and when there was already significant information about the Nazi’s plans and policies, he worked for and profited from companies closely involved with German businesses that financed Hitler’s rise to power. These profits helped establish the Bush family fortune and set up its political dynasty.

Contrary to what other writers say, we believe Prescott Bush and his partner in crime, Avril Harriman, were sympathetic to the Nazi cause. Brown Brothers Harriman acted for Fritz Thyssen, industrialist and steel maker, in the US. Thyssen & Krupp helped finance Hitler in the 1930s, and eventually had a falling out with Hitler. Both Thyssen & Krupp were supposed to disband and sell off their companies in 1948, and, of course, that never happened, nor was there action taken against Bush, Harriman or Brown Brothers. Prescott Bush was also a director of Union Banking Corporation that also represented Thyssen’s US interests, and he continued to work for Union after America entered the war. This information has been available to us for years, now it is official.
We draw from three sources: The Harriman papers in the Library of Congress, that show Prescott Bush was a director and shareholder of a number of companies involved with Thyssen. There are also the records in the National Archives that show the seizure of company assets of Union Banking Corp., and two affiliates Holland-American Trading Corp., Seamless Steel Equipment Corp. and Silesian-American Co., another of Prescott Bush’s ventures. Then there are the files of IG Farben, which was prosecuted for war crimes. All of IG Farben’s assets were seized and as a result of that were under SHAFE control was their headquarters in Frankfurt in which I once worked for US counterintelligence. It was wonderful duty in the 1950s. The Walkers, Prescotts, Bushes, Harrimans and Thyssen were all members of the Illuminati going back hundreds of years. Avril Harriman’s father E. H. Harriman made a fortune in railroads and later went into banking. George Herbert Walker, Prescott’s father-in-law, gave Prescott Bush one of his first jobs and that was to manage Union Banking. Incidentally, Colonel Prescott was wounded at Bunker Hill in Charlestown, MA during the revolution and he missed the real battle that took place in Breeds Hill nearby. Being old Bostonian we remember such trivia. As for this whole group and particularly Thyssen, without their financial assistance in the 1930s, Hitler’s National Socialist Party would have been a failure and we probably would not have had WWII. This was all planned at Versailles and we refer you to Leon Degrelle’s epic history, “Hitler Born at Versailles.” In fact, Nazi headquarters in Munich was in the Barlow Palace that Hitler named the Brown House, which was a gift by Thyssen to Hitler, one of many. In the 1930s Brown Brothers was the largest private investment bank. UBC was responsible for shipping billions of dollars of steel, fuel, gold and US Treasury bonds to Germany, financing Hitler’s ascension to power.

In 1942, UBC was seized. It was then established that UBC, and Prescott Bush, were fronting for a dummy bank in Rotterdam, which was owned by the Thyssens. After the war, UBC was given back to American shareholders. It is claimed Bush sold his shares for $1.5 million, but there are no records available to prove that. The present suit is for $40 billion against the Bush family as they benefited from Auschwitz salave labor during WWII. It is claimed by the Auschwitz victims that the murder of 400,000 Hungarian Holocaust victims could have been prevented. The case is built around a 1/22/44 executive order signed by President Roosevelt calling on the government to take all measures to rescue the European Jews. Their lawyers claim the order was ignored because of pressure brought by a group of big American companies, including BBH where Prescott Bush was a director. We don’t believe the suit will go forward, but we do believe the negative publicity for the Bush family will be devastating. Three books are coming out soon on the subject. What is eminently important is the cover up of what the Bush family has done and how they became mega-rich. The Bushs’ have lied about their intent and their participation and that reflects directly on their wealth and the power it has brought them.

We find it of special interest that the ADL has been supportive of Prescott Bush and the Bush family. The ADL says, “rumors about alleged Nazi ties to the late Prescott Bush have circulated widely in recent years. The charges are untenable and politically motivated – Prescott Bush was neither a Nazi or a Nazi sympathizer.” They dear readers are liars.

It’s been 5-1/2 years since the invasion of Afghanistan. The large British force in Helmand have told of the sheer ferocity of the Sangin Valley, and privations by the troops, are far worse than generally known. The attacks just keep coming. The enemy is killed by the scores, but they keep on coming, locally or from over the Pakistan border. They continue to bomb them until the aircraft and helicopters run out of ordinance. The Brits need more troops and more helicopters and none have been forthcoming.

They say the Afghan Army functions well, but are under-paid. But, many of the police will not fight the Taliban, either because they are scared or they are sympathizers. In order to maintain control of the region allied forces need 1,000 more troops. The NATO military chief has called for 2,500 more troops, armor and helicopters from member states. Germany, France, Italy and Turkey say they have their hands full with Lebanese peacekeeping duties and have no troops to spare. Either they are lying or they simply do not have any additional personnel.

Pakistan stands by as the Taliban crosses the border and engages the British troops. British forces have been involved in some of the fiercest fighting since Korea and have now decided to withdraw from outlying positions, which will be taken over by Afghan forces. The question now is can they rely on the Afghans?

The British Lt. Gen. Richards said, “We did not expect the ferocity of the engagements. We also expected the Taliban to carry out hit and run raids. Instead we have often been fighting toe to toe, endless close-quarters combat. It has been exhausting. We had to extract a Danish recce (Reconnaissance) group, which was getting attacked on all sides. It was bedlam. We have greater firepower, so we tend to win, but, of course, they can take their losses while our casualties will invariably lead to concern back home. You also have to think that each time we kill one, how many more enemies we are creating. And, of course, the lack of security means hardly any reconstruction is taking place now, so we are not exactly winning hearts and minds.”

It’s been almost two hundred years since the British have been in Afghanistan off and on. The drug profits for the British Royal Family are a tremendous lure.

Head of the IMF, Rodrigo Rato, says the slowing US housing market and the possibility of a major oil supply disruption are two of the biggest risks to economies worldwide. He also said moves by some oil-producing countries to raise taxes on international oil companies or change contract terms, could result in investment cuts by the companies.

A US housing slowdown could derail the global expansion. Nigeria’s production that is already off 25%, and they fear a cutback in Iranian production if an agreement is not made on the nuclear issue.

A trend toward resource nationalism is gathering pace in Venezuela, Bolivia, Chad, Algeria and Russia. Governments are seeking more cash and control from multinationals that drill in their oil and gas fields. Times are changing, and the elitists are upset about it. As prices recede due to slowing economies profits will fall and the reaction is to raise taxes. There is big trouble ahead for the oil industry.

This year legislatures in ten states have enacted laws mandating a higher minimum wage than federal law requires, bringing to 23 states and DC to the higher threshold, on 11/7, voters in six states will pass ballot measures to raise the minimum to as much as $6.85 an hour, with automatic adjustments for inflation, while our Washington contingent protects big business. 82% of Americans favor a higher minimum wage.