February 2005 (Archived) - The following
article was written by Webster Tarpley, the
author of "the
unnofficial biography of George Bush"
which is available for free
download. Mr. Tarpley is widely
considered and acknowledged as an expert on
this dynasty. The fact he is a welcome guest
at both the so-called left-wing and
right-wing independant media is just one
indication. In this article, he explains in
a few pages how Hitler came to power and how
it relates to the Bush family.
Have you ever wondered how Adolph Hitler
- a mediocre painter of Austrian origin -
transformed himself into Germany's Fuhrer
during the 1930s and 1940s?
The Nazi phenomenon was no historical
coincidence, and far less a philosophical
whim made real by just one man. Nazism had
its followers, many of them exceptionally
wealthy, veritable alchemists of the
financial world back then.
According to research carried out over the
last few years, Wall Street bankers (amongst
others) financed Hitler's rise to power
whilst making large profits at the same
time. What is yet still more deplorable is
the fact that relatives of the current U.S.
president were amongst this group of
U.S. authors Webster G. Tarpley and Anton
Cheitkin reveal in the recently published
George Bush: The Unauthorized Biography that
Prescott Bush (George W. Bush's grandfather)
and other directors of the Union Banking
Company (UBC) were Nazi collaborators.
The book relates how in 1922 - when national
socialism was emerging - railroad impresario
W. Averell Harriman traveled to Berlin and
interviewed the Thyssen family with a view
to founding a German-U.S. bank. The Thyssens
were already behind-the-scenes owners of
several financial institutions that allowed
them to transfer their money from Germany to
the Netherlands and from there onto the
The banks in question were the August
Thyssen Bank whose headquarters were located
in Berlin; the Bank voor Handel
(Netherlands) and the Union Banking
Corporation (New York). At the beginning of
the 1920s, one of the members of this
family, Fritz Thyssen - author of I Paid
Hitler - contributed some $25,000 USD to the
recently formed German National Socialist
Workers' Party, becoming the prime and most
important financier of the Fuhrer in his
ascent to power.
According to the book's authors, Thyssen was
fascinated by Hitler, citing his talent as a
public speaker and his ability to lead the
masses. However, what impressed him most was
the order that prevailed at his rallies and
the almost military discipline of his
And so, in 1931 Thyssen joined the Nazi
party, becoming one of the most powerful
members of the Nazi war machine.
At that time, the magnate presided over the
German Steel Trust, a steel industry
consortium founded by Clarence Dillon, one
of Wall Street's most influential men. One
of Dillon's most trustworthy collaborators
was Samuel Bush: Prescott's father, George
Senior's grandfather and great-grandfather
of the current U.S. president George W.
In 1923, Harriman and the Thyssens decided
to set up a bank and appointed George
Herbert Walker - Prescott's father-in-law -
as president. Later, in 1926, they
established the Union Banking Corporation
(UBC) with Prescott Bush at the helm. That
same year, he was also named vice president
and partner at Brown Brothers Harriman. Both
firms allowed the Thyssens to send money to
the United States from Germany via the
U.S. economist Victor Thorn has noted that
although a large number of other
corporations aided the Nazis (such as
Standard Oil and Rockefeller's Chase Bank,
as well as U.S. automobile manufacturers)
Prescott Bush's interests were much more
profound and sinister.
Thorn adds that UBC became a secret channel
to protect Nazi capital leaving Germany for
the United States via the Netherlands. When
the Nazis needed to retrieve their funds,
Brown Brothers Harriman sent them directly
In this way, UBC received money from the
Netherlands and Brown Brothers Harriman sent
it back. And who was on the executive of
both of these companies? Prescott Bush
himself, the Nazis' first money launderer.
In their book, Tarpley and Cheitkin explain
that in this way a significant part of the
Bush family's financial base is related to
supporting and aiding Adolph Hitler.
Therefore, the current U.S. president, just
like his father (former CIA director, vice
president and president) reached the peak of
the U.S. political hierarchy thanks to his
great-grandfather and grandfather and
generally his entire family, who financially
aided and encouraged the Nazis.
Some time later, in October 1942, the U.S.
authorities confiscated Nazi bank funds from
the New York UBC, whose then president was
Prescott. The firm was condemned as a
financial and commercial collaborator with
the enemy and all its assets were seized.
Later, the U.S. government also ordered the
seizure of the assets of a further two
leading financial agencies directed by
Prescott through the accounts of the
Harriman banking institution: the
Holland-America Trading Corporation (a
U.S.-Dutch commercial firm) and the Seamless
Steel Equipment Corporation.
Then on November 11, 1942, an embargo was
imposed on the Silesian-American Corporation
- another firm headed by Bush and Walker -
under the same Trading with the Enemy Act.
However, in 1951, the embargo was lifted and
the enterprising businessman recovered some
$1.5 million USD, earmarked for new
investments largely to swell the Bush
To this should be added a resumé of files
belonging to Dutch and U.S. information
services confirming the direct links between
Prescott Bush, the German Thyssen family and
the blood money of a group of rich U.S.
families from the Second World War.
Tarpley and Cheitkin affirm that the great
financial crash of 1929-1931 affected the
United States, Germany and Britain,
weakening their respective governments. At
the same time, Prescott Bush became even
more diligent, still more desirous of doing
everything that was necessary to safeguard
his place in the world. It was during this
crisis that some members of the Anglo-U.S
wealthy class supported the installation of
Hitler's regime in Germany.
To sum up, the authors categorically state
that the Bush family's fortune arose as a
result of its unconditional support for
Adolph Hitler's political project.
The UBC, under Prescott Bush's direction and
with the long-term cooperation of Fritz
Thyssen's German Steel Trust participated in
the emergence, preparation and financing of
the Nazi war machine through the manufacture
of armored vehicles, fighter planes, guns
The Bush family's habit of dominating
territories and wealth is nothing new. Their
fascist genes were generated during the
1930s. Therefore defining the occupation of
Afghanistan and Iraq and the threats to
other countries as a continuance of
blitzkreig offensives as fascist is no
blunder. Neither is convening an
anti-fascist front is a rhetorical exercise