Thursday, November 08, 2007

Trading With the Enemy, or Know Your Bush

Wednesday, December 13, 2006

In March 1942 an additional special Senate committee started hearings on those doing business in Nazi Germany. Within the month, Kevin Phillips explains in American Dynasty, Stimson asked the President “to stop the investigations because they would interfere with companies engaged in the war effort.” The Senate committee apparently was stopped, but other investigations under the Trading with the Enemy Act were unaffected and rolled on. Phillips noted “none of this would have been happy news for Prescott Bush,” who was indeed ‘engaged in the war effort.’ [1]

Webster Tarpley and Anton Chaitkin, in their 1990 classic George Bush: the Unauthorized Biography, capture the irony of the situation seven months later. One of those investigations Stimson had been unable to prevent eventually nabbed his friend’s corporation. “In October 1942, ten months after entering World War II, America was preparing its first assault against Nazi military forces. Prescott Bush was managing partner of Brown Brothers Harriman. His 18-year-old son George, the future U.S. President, had just begun training to become a naval pilot. On Oct. 20, 1942, the U.S. government ordered the seizure of Nazi German banking operations in New York City which were being conducted by Prescott Bush. '' [2]

Samuel Bush, part of the Merchants of Death from WWI who again funded both sides and made extensive profits on a war where over 5000 men died everyday in trench warfare.

The Union Banking Corporation, according to Kevin Phillips, was in fact established on Thyssen’s behalf in 1924 by W. Averell Harriman and his partner George Herbert Walker. [5] The framework from which UBC was formed was W.A. Harriman & Co. (later part of Brown Brothers Harriman), a Wall Street investment and banking firm established in 1919. Walker’s son-in-law Prescott Bush, who, like Harriman, was a member of Skull and Bones, was brought in as a junior partner in 1926 and quickly rose in rank to partner. [6] (Note: George H. Walker, it should be noted, was not himself a “bonesman,” but his descendents would be, and Prescott’s son would soon carry the very name “George Herbert Walker” into the society’s ranks.) \
The investigative report prior to the government crackdown explained the significance of Brown Brothers Harriman’s role: “Since September 1939, these properties have been in the possession of and have been operated by the German government and have undoubtedly been of considerable assistance to that country in its war effort.” [13] For its part, the Union Banking Corp., which Prescott Bush had directed since 1934, eventually helped Thyssen finance what would become

30-50% of German national output for various materials (like pig iron, heavy plate armor, and explosives), which were used liberally in the conquest of Europe. [14] Like the others who helped create the formidable Nazi menace America would be forced to fight, Bush was not punished, but rather was rewarded. Prescott Bush somehow went on to be a U.S. Senator (R-CT), and his son a Senator (R-TX), CIA Director and U.S. President, his grandson a Governor (R-TX) and U.S. President… Somehow, what should have been a name that draws spittle to the lips was carried all the way to the White House where it seems intent on staying.

Indeed, as we watch the Cheney sabre rattling against Iran, when we know full well that Hallburton sold nuclear materials to Iran and was involved in those dealings until a couple of years ago and well after the Iraq illegal invasion and occupation had started, it makes you want to gag.

At least once a week I'll be doing a post on "know your Bush," but please do your own searches in the meantime. A good place to start is simply to search out "Bush crime family" - I had fourteen million links come up the first time I looked! I was flabbergasted to find links to the U. S. National Archives and the Library of Congress that detail the criminal, enemy trading past of the Bush crime family. Nothing much has changed - only having succeeded in decades of crime as the "the war family" they repeat history again and again and again.


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