Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Ichingcarpenter

(36,988 posts)
17. incorrect Prescott Bush didn't stop until 1942 only when his bank was siezed
Thu Feb 5, 2015, 08:07 AM
Feb 2015

George Bush's grandfather, the late US 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 was involved with the financial architects of Nazism.

His business dealings, which continued until his company's assets were seized in 1942 under the Trading with the Enemy Act,


http://www.theguardian.com/world/2004/sep/25/usa.secondworldwar


Fritz Thyssen, the German industrialist who began funding Hitler in 1923, set up the Union Banking Corp in New York to handle funds supplied to it through Thyssen's Dutch bank for American investment. Prescott Bush, who had been an officer of the W.A. Harriman bank since 1926, was a director of the Union Banking Corp from 1934 through 1943. According to government documents, "all of the shares of the Union Banking Corp., were held for the benefit of members of the Thyssen family."


Under the Trading with the Enemy Act, the government took over the Union Banking Corporation, in which Bush was a director. The U.S. Alien Property Custodian seized Union Banking Corp.'s stock shares, all of which were owned by Prescott Bush, E. Roland 'Bunny' Harriman, three Nazi executives, and two other associates of Bush


"By Oct. 26, 1942, U.S. troops were under way for North Africa. On Oct. 28, the government issued orders seizing two Nazi front organizations run by the Bush-Harriman bank: the Holland-American Trading Corporation and the Seamless Steel Equipment Corporation.


http://www.georgewalkerbush.net/bushfamilyfundedhitler.htm


Recommendations

0 members have recommended this reply (displayed in chronological order):

You posted this too late at night. joshcryer Feb 2015 #1
I would mostly be saddened by the horrible things people do to others... NaturalHigh Feb 2015 #2
i'd wonder who you've identified as the present day nazis in this exercise, and why. ND-Dem Feb 2015 #3
What does this have to do with the "present day"? joshcryer Feb 2015 #4
The OP is a quite transparent commentary on the "present day". redgreenandblue Feb 2015 #7
It's likely a response to false equivalency. joshcryer Feb 2015 #13
I'd normally choose the first option, obviously. redgreenandblue Feb 2015 #25
"Isis is just like Hitler, y'all!!" RandiFan1290 Feb 2015 #5
No one said they are. nt stevenleser Feb 2015 #22
Hire the war criminal nazis in operation paper clip? Ichingcarpenter Feb 2015 #6
ISIS is not Nazi Germany. redgreenandblue Feb 2015 #8
No one said they are. nt stevenleser Feb 2015 #23
Liberals should never accept evil but we should always be smart in how we respond to it. n/t pampango Feb 2015 #9
Nazi Germany Was a Threat Sparhawk60 Feb 2015 #10
In your opinion in what way, and when, did Nazi Germany become a threat to the US? HereSince1628 Feb 2015 #12
If Germany Sparhawk60 Feb 2015 #15
I was hoping for something that looked rather less post hoc. HereSince1628 Feb 2015 #16
My Mistake Sparhawk60 Feb 2015 #31
I do think Nazi Germany pursued territory and in a aggressive manner HereSince1628 Feb 2015 #48
That's why US corporations supported Nazi's until Pearl Harbor... joshcryer Feb 2015 #14
incorrect Prescott Bush didn't stop until 1942 only when his bank was siezed Ichingcarpenter Feb 2015 #17
No, and we know that's not true. The Japanese are constitutionally prohibited from bothering ISIS. stevenleser Feb 2015 #26
What exactly did Japan leftynyc Feb 2015 #43
0 Recs, and this... MrMickeysMom Feb 2015 #11
Other: "I'm glad we're helping the USSR to liberate Europe and that the USSR is KingCharlemagne Feb 2015 #18
And Canada was in, losing so many young men polly7 Feb 2015 #20
I misplaced my time machine, all I know is ISIS is the greatest evil and threat in the history of dissentient Feb 2015 #19
If all folks were being honest, a fair group of folks would be choosing the second option. stevenleser Feb 2015 #21
Other JustAnotherGen Feb 2015 #24
Build a time machine and go back and kill... Tom Ripley Feb 2015 #27
If we didn't go to war against Germany there would be no helping to liberate death camps TheKentuckian Feb 2015 #28
We did not enter the war to save people janlyn Feb 2015 #29
+1 ND-Dem Feb 2015 #30
The poll isn't intended to be historical. Act_of_Reparation Feb 2015 #34
Sorry if my reply seemed harsh, janlyn Feb 2015 #36
And it was not the government that did not want to go in - it was the people who did not want to jwirr Feb 2015 #40
^^^THIS^^^ Tom Ripley Feb 2015 #41
Well in all fairness, you are dealing with people that do the same thing as Karl Rove Rex Feb 2015 #46
Back during the 40's many people in America thought it was OK ChosenUnWisely Feb 2015 #32
I don't know where you lived in the 40s but that was never the attitude in Iowa where I grew up jwirr Feb 2015 #39
I'm guessing that was AFTER leftynyc Feb 2015 #44
The enlistment were after Pearl Harbor. As to the attitude most probably did not feel that way but jwirr Feb 2015 #47
By the time we knew (and we knew as early as 1942) the USA was already at war with Germany. Spider Jerusalem Feb 2015 #33
Probably: "Hey, maybe we should stop turning away Jewish refugees from Europe?" Or perhaps: "Maybe Chathamization Feb 2015 #35
I was a child during the WWII years, RebelOne Feb 2015 #37
Born in 1941. Celebrated the victory with my returning military families. Did not of course jwirr Feb 2015 #38
Can we take the internet and 24/7 news back in time with us? JoePhilly Feb 2015 #42
Nothing better than Rex Feb 2015 #45
Latest Discussions»General Discussion»Suppose you're back in th...»Reply #17