[conspiracy] Heir to the Holocaust - How the Bush Family Wealth is linked to the Jewish Holocaust.pdf - Holocaust - art.w

HOLOCAUST

Prescott Bush, 1.5 Million Dollars and Auschwitz:

How the Bush Family Wealth is Linked to the Jewish Holocaust

While the Enron scandal currently

unfolds, another Bush family business scandal

lurks beneath the shadows of history that may

dwarf it.

On April 19, 2001, President George W.

Bush spent some of Holocaust Remembrance

Day in the Capital Rotunda with holocaust

survivors, allied veterans, and their families.

In a ceremony that included Jewish prayers

and songs sung by holocaust victims in the

camps, Benjamin Meed, a survivor of the

Warsaw ghetto uprising, movingly described

to the gathering what he experienced on April

19, 1943.

“I stood outside a Catholic church, which

faced the ghetto,” Mr. Meed said, “a young

Jewish boy posing as a gentile. As I watched

the ghetto being bombarded by the German

artillery, I could see many of the Jews of my

community jumping out of windows of

burning buildings. I stood long and mute.”

The survivor concluded his reminiscence

saying, “We tremble to think what could

happen if we allow a new generation to arise

ignorant of the tragedy which is still shaping

the future.”

President Bush, appearing almost

uncomfortable, read a statement that said that

humanity was “bound by conscience to

remember what happened” and that “the

record has been kept and preserved.” The

record, Mr. Bush stated, was that one of the

worst acts of genocide in human history

“came not from crude and uneducated men,

but from men who regarded themselves as

cultured and well schooled, modern men,

forward looking. Their crime showed the

world that evil can slip in and blend in amid

the most civilized surroundings. In the end

only conscience can stop it.”

But while President Bush publicly

embraced the community of holocaust

survivors in Washington last spring, he and

his family have been keeping a secret from

them for over 50 years about Prescott Bush,

the president’s grandfather. According to

classified documents from Dutch intelligence

and US government archives, President

George W. Bush’s grandfather, Prescott Bush

made considerable profits off Auschwitz slave

labor. In fact, President Bush himself is an

heir to these profits from the holocaust which

were placed in a blind trust in 1980 by his

father, former president George Herbert

Walker Bush.

like Standard Oil, General Motors and Chase

Bank, all of which was sanctioned after Pearl

Harbor. But as The New York Times reporter

Charles Higham later discovered, and

published in his 1983 groundbreaking book,–

Trading With The Enemy; The Nazi American

Money Plot 1933-1949 , “the government

smothered everything during and even after

the war.” Why?

According to Higham, the US

government believed “a public scandal ...

would have drastically affected public morale,

caused widespread strikes and perhaps

provoked mutinies in the armed services.”

Higham claims the government thought “their

trial and imprisonment would have made it

impossible for the corporate boards to help

the American war effort.”

However, Prescott Bush’s banks were

not just financing Hitler as previously

reported. In fact, there was a distinct business

link much deeper than Mr. Higham or Mr.

Loftus knew at the time their books were

published.

A classified Dutch intelligence file which

was leaked by a courageous Dutch

intelligence officer, along with newly surfaced

information from U.S. government archives,

“confirms absolutely,” John Loftus says, the

direct links between Bush, Thyssen and

genocide profits from Auschwitz.

The business connections between

Prescott Bush and Fritz Thyssen were more

direct than what has been previously written.

This new information reveals how Prescott

Throughout the Bush family’s decades

of public life, the American press has gone

out of its way to overlook one historical fact

– that through Union Banking Corporation

(UBC), Prescott Bush, and his father-in-law,

George Herbert Walker, along with German

industrialist Fritz Thyssen, financed Adolf

Hitler before and during World War II. It was

first reported in 1994 by John Loftus and

Mark Aarons in– The Secret War Against the

Jews: How Western Espionage Betrayed the

Jewish People .

The US government had known that

many American companies were aiding Hitler,

HEIR TO THE

by Toby Rogers

illustration Ryan James

Bush and UBC, which he managed directly,

profited from the Holocaust. A case can be

made that the inheritors of the Prescott Bush

estate could be sued by survivors of the

Holocaust and slave labor communities. To

understand the complete picture of how

Prescott Bush profited from the Holocaust, it

is necessary to return to the year 1916, where

it all began.

Post World War I: Thyssen Empire On The Ropes

By 1916, August Thyssen could see the

writing on the wall. The “Great War” was

spinning out of control, grinding away at

Germany’s resources and economy. The

government was broke and his company,

Thyssen & Co., with 50,000 German workers

and annual production of 1,000,000 tons of

steel and iron, was buckling under the war’s

pressure. As the main supplier of the German

military, August Thyssen knew Germany

would be defeated once the US entered the

war.

changed his citizenship from German to

Hungarian and married the Hungarian

aristocrat Baroness Margrit Bornemisza de

Kaszon. Soon Heinrich Thyssen switched his

name to Baron Thyssen Bornemisza de

Kaszon.

Near the end of World War I, August

Thyssen opened the Bank voor Handel en

Scheepvaart in Rotterdam. The neutral

Holland was the perfect location outside of

Germany to launder assets from the August

Thyssen Bank in Berlin when the financial

demands of the Allied forces surfaced. But

the war ended much sooner than even Thyssen

calculated and what developed caught the

“Rockefeller of the Ruhr” off guard.

On November 10, 1918, German

socialists took over Berlin. The following

morning at 5 a.m., what was left of Germany

At 74, “King” August Thyssen knew he

was also running out of time. His first born

“prince” Friedrich (Fritz) Thyssen, had been

groomed at the finest technical business

schools in Europe and was destined to inherit

his father’s estimated $100,000,000 fortune

and an industrial empire located at

Muehhlheim on the Ruhr.

In addition to Fritz, plans were also made

for the second son Heinrich. At the outbreak

of the war, Heinrich Thyssen discreetly

surrendered to the Allies, officially ending

World War I. “At the time of the Armistice

and the signing of the Treaty of Versailles,

my Father and I were deeply saddened by the

spectacle of Germany’s abject humiliation,”

Thyssen recalled later in his autobiography, I

Paid Hitler .

After the war, chaos descended on

Germany as food ran short. Winter was

looming over a starving nation when on Dec.

7, 1918, the socialist Spartacists League came

knocking on the Thyssen Villa with armed

militia. August and Fritz were arrested and

dragged from jail to jail across Germany for

four days. Along the way, they were lined up

in staged executions designed to terrorize

them.

It worked. When released, the two

Thyssens were horrified at the new political

climate in their beloved Germany. They

could not accept that Germany was

responsible for its own demise. All

Germany’s problems, the Thyssens felt,

“have almost always been due to foreigners.”

It was the Jews, he and many others believed,

who were secretly behind the socialist

movement across the globe.

Meanwhile Fritz’s younger brother

Baron Thyssen Bornemisza de Kaszon

moved to Rotterdam and became the

principal owner of the Bank voor Handel en

Scheepvaart. All the Thyssens needed now

was an American branch.

agreed to help the Thyssens with their plan

for an American bank.

The following year, a wounded Germany

was growing sicker. The government had no

solution and froze while Germany rotted from

within. With widespread strikes and

production at a near standstill, Fritz Thyssen

later recalled, “We were at the worst time of

the inflation. In Berlin the government was

in distress. It was ruined financially. Authority

was crumbling. In Saxony a communist

government had been formed and the Red

terror, organized by Max Hoelz, reigned

through the countryside. The German Reich

... was now about to crumble.”

In October, 1923, an emotionally

desperate Fritz Thyssen went to visit one of

his and Germany’s great military heroes,

General Erich Ludendorff. During the 1918

socialist rule in Berlin, Ludendorff organized

a military resistance against the socialists and

the industrialists were in great debt to him.

When Thyssen met with Ludendorff, they

discussed Germany’s economic collapse.

Thyssen was apocalyptic, fearing the worst

was yet to come. Ludendorff disagreed.

“There is but one hope,” Ludendorff said,

“Adolph Hitler and the National Socialist

party.” Ludendorff respected Hitler

immensely. “He is the only man who has any

political sense.” Ludendorff encouraged

Thyssen to join the Nazi movement. “Go

listen to him one day” he said to Thyssen.

Thyssen followed General Ludendorff’s

advice and went to a number of meetings to

hear Hitler speak. He became mesmerized by

Hitler. “I realized his orator gifts and his

ability to lead the masses. What impressed me

most however was the order that reigned over

his meetings, the almost military discipline

of his followers.”

Thyssen arranged to meet privately with

Hitler and Ludendorff in Munich. Hitler told

Thyssen the Nazi movement was in financial

trouble, it was not growing fast enough and

was nationally irrelevant. Hitler needed as

much money as possible to fight off the

Communists/Jewish conspiracy against

Europe. Hitler envisioned a fascist German

monarchy with a nonunion, antilock national

work force.

Thyssen was overjoyed with the Nazi

platform. He gave Hitler and Ludendorff

100,000 gold marks ($25,000) for the infant

Nazi party. Others in the steel and coal

industries soon followed Thyssen’s lead,

although none came close to matching him.

Many business leaders in Germany supported

Hitler’s secret union-hating agenda. However,

some donated because they feared they would

be left out in the cold if he actually ever seized

power.

Most industry leaders gave up on Hitler

after his failed coup in 1923. While Hitler

spent a brief time in jail, the Thyssens, through

the Bank voor Handel en Scheepvaart, opened

the Union Banking Corporation in 1924.

Union Banking Corporation

Early in 1924, Hendrick J.

Kouwenhoven, the managing director of Bank

voor Handel en Scheepvaart, traveled to New

York to meet with Walker and the Harriman

brothers. Together, they established The

Union Banking Corporation. The UBC’s

headquarters was located at the same 39

Broadway address as Harriman & Co.

As the German economy recovered

through the mid to late ‘20s, Walker and

Harriman’s firm sold over $50,000,000 worth

of German bonds to American investors, who

profited enormously from the economic boom

in Germany. In 1926, August Thyssen died at

the age of 84. Fritz was now in control of one

of the largest industrial families in Europe.

He quickly created the United Steel Works

(USW), the biggest industrial conglomerate

in German history. Thyssen hired Albert

Volger, one of the Ruhr’s most influential

industrial directors, as director General of

USW.

Thyssen also brought Fredich Flick,

another German family juggernaut, on board.

Flick owned coal and steel industries

throughout Germany and Poland and

desperately wanted to invest into the Thyssen

empire. One of the primary motivations for

the Thyssen/Flick massive steel and coal

merger was suppressing the new labor and

socialist movements.

That year in New York, George Walker

decided to give his new son in law, Prescott

Bush, a big break. Walker made Bush a vice

president of Harriman & Co. Prescott’s new

office employed many of his classmates from

his Yale class of 1917, including Roland

Harriman and Knight Woolley. The three had

been close friends at Yale and were all

members of Skull and Bones, the mysterious

on-campus secret society. Despite the upbeat

fraternity atmosphere at Harriman & Co., it

was also a place of hard work, and no one

worked harder than Prescott Bush.

In fact, Walker hired Bush to help him

supervise the new Thyssen/Flick United Steel

Works. One section of the USW empire was

the Consolidated Silesian Steel Corporation

and the Upper Silesian Coal and Steel

Company located in the Silesian section of

Poland. Thyssen and Flick paid Bush and

Walker generously, but it was worth every

dime. Their new business arrangement

pleased them all financially, and the collective

talents of all four men and their rapid success

astonished the business world.

In the meantime Hitler and the Nazi party

were broke. Since the German economic

recovery, members and donations had dried

up, leaving the Nazi movement withering on

1920s: The Business Ties That Bind

Railroad baron E.H. Harriman’s son

Averell wanted nothing to do with railroads,

so his father gave him an investment firm,

W.A. Harriman & Company in New York

City. E.H. hired the most qualified person in

the country to run the operation, George

Herbert Walker. Averell hired his little brother

Edward Roland “Bunny” Harriman as a vice

president.

By 1920, George Herbert Walker had

already built a fortune in Missouri. Walker, a

charismatic former heavyweight boxing

champion, was a human pit bull. He lived life

to the fullest, owning mansions around the

east coast and one of the most extravagant

apartments in Manhattan. His hobbies were

golf, hunting, drinking scotch and beating his

sons to a pulp. Elsie Walker, one of Walker’s

grandchildren described Walker as a “tough

old bastard” whose children had no love “for

their father.” He was also a religious bigot

who hated Catholics, although his parents

raised him to be one. According to other

sources, he also did not like Jews.

In 1922, Averell Harriman traveled to

Germany to set up a W.A. Harriman & Co.

branch in Berlin. The Berlin branch was also

run by Walker. While in Germany, he met with

the Thyssen family for the first time. Harriman

It has been 60 years since one of the great money laundering scandals of

the 20th century ended and only now are we beginning to see the true

historical aspects of this important period of world history, a history that

the remaining Holocaust survivors beg humanity to “never forget.”

the vine. In 1927, Hitler was desperate for

cash; his party was slipping into debt. Hitler

told his private secretary Rudolf Hess to shake

down wealthy coal tycoon and Nazi

sympathizer Emil Kirdorf. Kirdorf paid off

Hitler’s debt that year but the following year,

he too had no money left to contribute.

In 1928, Hitler had his eyes on the

enormous Barlow Palace located in

Briennerstrasse, the most aristocratic section

of Munich. Hitler wanted to convert the palace

into the Nazi national headquarters and

change its name to the Brown House but it

was out of his price range. Hitler told Hess to

contact Thyssen. After hearing the Hess

appeal, Thyssen felt it was time to give Hitler

a second chance. Through the Bank voor

Handel en Scheepvaart, Thyssen said he

“placed Hess in possession of the required

funds” to purchase and redesign the Palace.

Thyssen later said the amount was about

250,000 marks but leading Nazis later claimed

that just the re-molding cost over 800,000

marks (equivalent to $2 million today).

Regardless of the cost, Hitler and

Thyssen became close friends after the

purchase of the Brown House. At the time,

neither knew how influential that house was

to become the following year when, in 1929,

the great depression spread around the world.

With the German economic recovery up in

flames, Hitler knew there was going to be a

line out the door of industrialists waiting to

give him cash.

when he and Thyssen would walk through the

cool Black Forest in 1929-30, Thyssen would

tell Waldeck that he believed in Hitler. He

spoke of Hitler “with warmth” and said the

Nazis were “new men” that would make

Germany strong again. With the depression

bleeding Europe, Thyssen’s financial support

made Hitler’s rise to power almost inevitable.

The great depression also rocked

Harriman & Co. The following year,

Harriman & Co. merged with the London firm

Brown/Shipley. Brown/Shipley kept its name,

but Harriman & Co. changed its name to

Brown Brothers, Harriman. The new firm

moved to 59 Wall St. while UBC stayed at 39

Broadway. Averell Harriman and Prescott

Bush reestablished a holding company called

The Harriman 15 Corporation. One of the

companies Harriman had held stock in was

the Consolidated Silesian Steel Company.

Two thirds of the company was owned by

Friedrich Flick. The rest was owned by

Harriman.

In December 1931, Fritz Thyssen

officially joined the Nazi party. When Thyssen

joined the movement, the Nazi party was

gaining critical mass around Germany. The

charismatic speeches and persona of Hitler,

the depression and the Thyssen’s Bank voor

Handel en Scheepvaart all contributed to

Hitler’s sudden rise in popularity with the

German people.

In September 1932, Thyssen invited a

group of elite German industrial tycoons to

his castle to meet with Hitler. They spent

hours questioning Hitler, who answered all

their questions with the’“utmost satisfaction,”

Thyssen remembered. The money poured in

from the industrial circles mostly due to

Hitler’s “monarchistic attitude” towards labor

and issues of class.

But by November, German voters grew

weary of Hitler’s antidemocratic tendencies

and turned to the Communist party, which

gained the most seats in the fall election. The

Nazis lost a sweeping 35 seats in the

Reichstag, but since the Nazis were already

secretly negotiating a power sharing alliance

with Hindenberg that would ultimately lead

to Hitler declaring himself dictator, the outcry

of German voters was politically insignificant.

By 1934, Hindenberg was dead and

Hitler completely controlled Germany. In

March, Hitler announced his plans for a vast

new highway system. He wanted to connect

the entire Reich with an unprecedented wide

road design, especially around major ports.

Hitler wanted to bring down unemployment

but, more importantly, needed the new roads

for speedy military maneuvers.

Hitler also wanted to seriously upgrade

Germany’s military machine. Hitler ordered

a’“rebirth of the German army” and

contracted Thyssen and United Steel Works

for the overhaul. Thyssen’s steel empire was

the cold steel heart of the new Nazi war

machine that led the way to World War II,

killing millions across Europe.

Thyssen’s and Flick’s profits soared into

the hundreds of millions in 1934 and the Bank

voor Handel en Scheepvaart and UBC in New

York were overflowing with money. Prescott

Bush became managing director of UBC and

handled the day-to-day operations of the new

German economic plan. Bush’s shares in UBC

peaked with Hitler’s new German order. But

while production rose, cronyism did as well.

On March 19, 1934, Prescott Bush

handed Averell Harriman a copy of that day’s

New York Times. The Polish government was

applying to take over Consolidated Silesian

Steel Corporation and Upper Silesian Coal

and Steel Company from’“German and

American interests” because of rampant

“mismanagement, excessive borrowing,

fictitious bookkeeping and gambling in

securities.” The Polish government required

the owners of the company, which accounted

for over 45% of Poland’s steel production, to

pay at least its full share of back taxes. Bush

1930s: Hitler Rises – Thyssen/Bush Cash In

Thyssen would later try to claim that his

weekends with Hitler and Hess at his

Rhineland castles were not personal but

strictly business and that he did not approve

of most of Hitler’s ideas, but the well-known

journalist R.G Waldeck, who spent time with

Thyssen at a spa in the Black Forest,

remembered quite differently. Waldeck said

and Harriman would eventually hire attorney

John Foster Dulles to help cover up any

improprieties that might arise under

investigative scrutiny.

Hitler’s invasion of Poland in 1939

ended the debate about Consolidated Silesian

Steel Corporation and Upper Silesian Coal

and Steel Company. The Nazis knocked the

Polish Government off Thyssen, Flick and

Harriman’s steel company and were planning

to replace the paid workers. Originally Hitler

promised Stalin they would share Poland and

use Soviet prisoners as slaves in Polish

factories. Hitler’s promise never actually

materialized and he eventually invaded

Russia.

into either coal or additives for aviation

gasoline.”

Even though Thyssen and Flick’s

Consolidated Steel was in their possession,

Hitler’s invasions across Europe spooked

them, bringing back memories of World War

I. Thyssen and Flick sold Consolidated Steel

to UBC. Under the complete control of

Harriman and management of Bush, the

company became Silesian American

Corporation which became part of UBC and

Harriman’s portfolio of 15 corporations.

Thyssen quickly moved to Switzerland and

later France to hide from the terror about to

be unleashed by the Nazi war machine he had

helped build.

A portion of the slave labor force in

Poland was “managed by Prescott Bush,”

according to a Dutch intelligence agent. In

1941, slave labor had become the lifeblood

of the Nazi war machine. The resources of

Poland’s rich steel and coal field played an

essential part in Hitler’s invasion of Europe.

According to Higham, Hitler and the

Fraternity of American businessmen “not only

sought a continuing alliance of interests for

the duration of World War II, but supported

the idea of a negotiated peace with Germany

that would bar any reorganization of Europe

along liberal lines. It would leave as its residue

a police state that would place the Fraternity

in postwar possession of financial, industrial,

and political autonomy.”

Six days after Pearl Harbor and the US

declaration of war at the end of 1941,

President Franklin D. Roosevelt, Secretary of

the Treasury Henry Morgenthau and US

Attorney General Francis Biddle signed the

Trading With the Enemy Act, which banned

any business interests with US enemies of

war. Prescott Bush continued with business

as usual, aiding the Nazi invasion of Europe

and supplying resources for weaponry that

would eventually be turned on American

solders in combat against Germany.

On October 20, 1942, the U.S.

government had had enough of Prescott Bush

and his Nazi business arrangements with

Thyssen. Over the summer, The New York

Tribune had exposed Bush and Thyssen,

whom the Tribune dubbed “Hitler’s Angel.”

When the US government saw UBC’s books,

they found out that Bush’s bank and its

shareholders “are held for the benefit of ...

members of the Thyssen family, [and] is

property of nationals ... of a designated enemy

country.” The list of seven UBC share holders

was:

1940s: Business As Usual

Consolidated Silesian Steel Corporation

was located near the Polish town of

Oswiecim, one of Poland’s richest mineral

regions. That was where Hitler set up the

Auschwitz concentration camp. When the

plan to work Soviet prisoners fell through, the

Nazis transferred Jews, communists, gypsies

and other minority populations to the camp.

The prisoners of Auschwitz who were able to

work were shipped to 30 different companies.

One of the companies was the vast

Consolidated Silesian Steel Corporation.

“Nobody’s made the connection before

between Consolidated Silesian Steel

Corporation, Auschwitz and Prescott Bush,”

John Loftus told Clamor.

“That was the reason why Auschwitz was built

there. The coal deposits could be processed

E. Roland Harriman – 3991 shares

Cornelis Lievense – 4 shares

Harold D.Pennington – 1 share

Ray Morris–– 1 share

Prescott S. Bush – 1 share

H.J. Kouwenhoven – 1 share

Johann G. Groeninger – 1 share.

The UBC books also revealed the myriad of

money and holding companies funneled from

the Thyssens and the government realized UBC

was just the tip of the iceberg. On November

17, 1942, The US government also took over

the Silesian American Corporation, but did not

prosecute Bush for the reasons Higham noted

earlier. The companies were allowed to operate

[conspiracy] Heir to the Holocaust - How the Bush Family Wealth is linked to the Jewish Holocaust.pdf

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