Bush family history shows a dark past unseen by most
By DOUGLAS YATES
Few would argue that trust, like democracy, is earned and not inherited. So how is it that we've missed the lessons of four generations of Bush family history?
As Kevin Phillips recounts in "American Dynasty," the Bush family presents a record of war profiteers who use public office to gain wealth and advantage. Along the way, Bush family business cronies receive political access and legitimacy.
One of the most venal characters is Prescott Bush, the president's grandfather.
In 1942, Congress seized the assets of Prescott Bush and charged him with trading with the enemy. Bush and his father-in-law, George Herbert Walker, were managing directors of the Union Banking Corp. of New York City. Allied with Brown Brothers Harriman, the largest private investment bank in the world, Bush and Walker were front men for Nazi industrialist Fritz Thyssen.
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Thyssen, whose empire was founded on coal and steel, financed the rise of Adolf Hitler. Then as now, cloaking funds destined for subversion of democracies or weapons shipment was a useful tactic. To hide transactions and conceal ownership, Thyssen created a banking network. The first node was established in Berlin, a second in neutral Holland. UBC in New York was the linchpin.
Little more than a money-laundering office for Nazi operations in the United States, Bush, Walker and other confederates oversaw almost a dozen separate businesses. Acting with Thyssen's money, they aided the Nazi invasion of Europe by supplying resources for weaponry. In 1937, Bush set up a deal to help the Luftwaffe obtain tetraethyl lead to boost aircraft performance.
http://www.news-miner.com/Stories/0,1413,113%7E7252%7E2397258,00.htmlProblem is this has to be on teh front pages of the NYT, and anybody willing to lay odds on this?