Years ago, when I used to hear mention of the World Bank and International Monetary Fund (IMF), I would get a warm and fuzzy picture in my mind of organizations providing badly needed financial aid and assistance to developing nations. In fact if you go to their respective websites, they will tell you that this is indeed what they do; but nothing could be farther from the truth.
The fact is that these organizations were set up at the end of World War II to be the strong arm debt collection enforcers for the international bankers who finance “humanitarian” business ventures like world wars and other kinds of destructive but lucrative global projects. Â While they go to great lengths to convince us that their primary mission is “poverty alleviation” for developing nations, their real clandestine objectives are as follows:
1. To ensure at all costs that third world and developing nations remain hopelessly indebted to the World Bank
2. To keep these nations so encumbered with debt payments that the member nations can pillage their natural resources for pennies on the dollar of their fair market value
3. To make sure that the governments of these countries never gain enough stability to fight back
4.  And of course by any�means necessary, make sure they NEVER MISS A PAYMENT!
At this point, perhaps a bit of history on how and why these organizations were formed is in order.
History of The World Bank & IMF
The plans were laid in July of 1944, while fighting was still raging in the European and Pacific theatres. At a mountain resort in New Hampshire called Bretton Woods, financial representatives from the 44 allied nations devised institutions to alleviate the impediments to international financial growth that had arisen as a result of the war. The International Monetary Fund (IMF) was created to restore the volume of international trade that had dropped due to instability since the 1930s, when countries had abandoned the gold standard. A pool of currencies would be contributed by member states from which any member country could draw upon in order to correct any balance of payment problems. The US dollar was the universal standard, and this was freely convertible with gold at a fixed price.
In December 1945, the IMF and The International Bank for Reconstruction and Development, also known as the World Bank, were officially established. The original purpose of the World Bank was to grant loans to rebuild Europe after the war. Both institutions worked in conjunction with the Marshall Plan for the redevelopment and economic stabilization of Europe.
Membership
Currently there are 179 members of the IMF., the most recent being South Africa. The highest authority of the Fund is the Board of Governors, on which each country has 2 representatives: a Governor and an Alternate Governor. This board meets once a year, and occasionally votes are taken by mail. There is also a 24-member Board of Executive Directors which oversees the day-to-day operations of the Fund. The five largest contributors to the Fund (USA, United Kingdom, Germany, France and Japan) each appoint one Executive Director, while the other 19 are elected to represent several nations. For example, the Executive Director from Iran also represents Afghanistan, Algeria, Ghana, Morocco, Pakistan and Tunisia. Meetings are held behind closed doors, excluding the public and media to access of the proceedings and minutes.
The Debt
Currently, $278 billion is owed to the World Bank and the IMF. The pressure of the debt, as well as export-oriented Structural Adjustment Programs (SAP) and collapsing global prices for exports, have put many countries on an accelerating treadmill, forcing them to sell their assets, mine their natural resources and cut spending. Often this debt occurred because of loaning to corrupt regimes, such as that of Marcos in the Phillippines, Mobutu in Zaire and Somoza in Nicaragua. While many commercial banks and creditor nations have agreed to some debt reduction and rescheduling, the IMF and World Bank refuse to reschedule or reduce debt payments.
Globally poor countries owed lenders from private banks to the World Bank almost US$2.5 trillion in 1998, up US$150 billion from the previous year. But the debt owed to the World Bank and the IMF is the most difficult to deal with because unlike private lenders and government aid agencies, the World Bank and IMF refuse to cancel debts because these two institutions say that their bylaws prohibit them from doing this. Additionally, governments have special incentive to stay current with their multilateral debts, since the IMF determines the creditworthiness of countries: i.e., until the IMF gives its stamp of approval (which usually requires adherence to the economic policies it recommends), poor countries generally cannot get credit or capital from other sources.
Oil Shocks - The Treadmill Engine
The engine that perpetuates these developing nation’s dependency on the World Bank is oil. The International Bankers who control the World Bank and the IMF are also the owners of British Petroleum, Exxon-Mobile, Shell Oil, & Chevron/Texaco. The Oil shock that we are currently experiencing and the ones that occurred in the 1970’s were not due to supply shortages, but were artificially created to build back up the coffers of these banks and oil companies.
Lets review what was done to Africa . . .
Africa’s recent economic history is mostly, but not uniformly, bleak. The two decades after the late 1950s, when the first wave of decolonization swept through the continent, were characterized by steady economic growth and appreciable improvements in economic and social indicators for millions of Africans. Many of the first independent governments pursued a development strategy known as import-substitution industrialization, which stresses government support of domestic products over foreign imports in order to create conditions conducive to the growth of domestic industries and the achievement of technological advancement.
During what are often called the development decades, economic growth was consistent at roughly 4% a year, while manufacturing increased by 7% annually. Educational enrollment and life expectancy shot upward while infant mortality and illiteracy plummeted. Between the late 1960s and mid-late 1970s, GNP per capita in sub-Saharan Africa grew by nearly 20%.3 Multinational banks in the global North (first world), flush with petrodollars after the oil price increases of the 1970s, eagerly lent money to the equally-eager but cash-strapped African regimes pursuing industrialization who, in consequence, grew progressively indebted.
The heady optimism of the development decades quickly dissipated in the late 1970s. The oil shocks eventually triggered a harsh recession in the North, causing demand for African goods to dry up while commodity prices tumbled. The timing was especially bad for Africa the slowdown took place at a time when the region was especially desperate for foreign earnings which began to see its modest improvements in economic development and living standards sink under the weight of economic decline. International private creditors became less eager to lend and more eager to collect the debts of poor countries. They were greatly assisted in this by the World Bank and International Monetary Fund, to whom many African governments had to turn to receive much-needed money. The problem is that these loans came at a significant price. The treadmill keeps turning. . .
So when you hear mention of the World Bank or IMF on the news, please listen carefully to what you hear and replace that warm and fuzzy feeling with anger and disdain for the evil men who perpetuate this cycle.
And by all means, please don’t hate on Hugo Chavez, president of Venezuela, one of the first leaders with balls enough to throw these bastards out of his country.
It has now been over six years since the catastrophic events of 9/11 plummeted America and the�rest of the world into an unprecedented era of corruption and murderous deception. On September 11, 2001 we stood by and watched thousands of our citizens perish on national television.
While shock and temporary paralysis are quite normal responses to situations as horrific as these, we have inexcusably ignored blaring holes and inconsistencies in the facts reported by the news media on the events that took place that day. We have become so anesthetized and distracted by consumerism, reality TV, and infotainment that our ability to discern fact from fiction is almost nonexistent. Our government has systematically dulled our senses and dumbed down our collective intellect to the point that they now know that they can get away with practically anything. It’s no wonder that the rest of the world has lost respect for American ideals and culture. How can you respect a society that passively submits to brainwashing while being hurded like cattle to slaughter?
For example, here in the year 2007, with over a century of massive building and skyscraper construction behind us, you would be hard pressed to find an adult who has not seen footage of a building being demolished by implosion. The process of destroying buidings in this manner takes months of careful planning by demolition, construction, and structural engineers. These buidlings must be demolished from the inside out, using synchronized charges to systemmatically destroy the load bearing elements in a sequence that will cause the structure to cave in on itself. This eerie and unnatural looking process has a very distinctive and methodical character that is not mimicked by catastrophes of happenstance. Physical structures weakened by damage, fail where they are weakened. This is a fundamental and irrefutable law of engineering.
The events of 9/11 were indeed historic, but for reasons other than the most obvious. Never before in history, has a concrete reinforced steel building structure ever collapsed by implosion.  There are many recorded instances of buildings of similar structure catching fire for long periods of time, but never prior to September 11, 2001 has a concrete reinforced steel building ever collapsed due to fire damage. However, the news media and our government would have us believe that on September 11, 2001 jet fuel (kerosene) that could only have burned for a maximum of 20 minutes caused 2 of the largest buildings in the world, each over-designed to withstand fires on multiple adjacent floors, typhoon level windstorms, and jumbo-jet collisions to implode catastrophically? Be truthful with yourself; what were your first thoughts when you watched these buildings collapse? The truth will set you free! (Visit www.ae911truth.org to read detailed analysis of the events of 9/11 performed by respected architects and structural engineers.)
As painful as it is to admit to ourselves that our government is nefarious enough to blatantly inflict this kind of terrorism upon its own citizenry, it is time that we wake up and see our situation for what it really is. Our government is comprised of men whose power and influence stretches far beyond the boundaries of our own borders, and whose insatiable thirst for control over global wealth and resources wildly surpasses those of any previous tyrannical or dictatorial regime in our history. They have become so successful in their brainwashing�and thought control methods, that they can brazenly carry out mass murder of American citizens in broad daylight while the entire world looks on in disbelief! Are we really so weak that we will allow this to go on without a whimper? Have they successfully squeezed the last bit of critical thinking out of what was once the greatest and most progressive nation in the world? Sadly, the evidence suggests that this may indeed be the case.
Once you have accepted, as I have, the fact that our own government was responsible for the events of 9/11 you can then begin to place into perspective many of the events that followed such as :
- The “War” in Afghanistan
- The “War” in Iraq
- Mounting aggression toward Iran
- The Patriot Act
- The Presidential Elections
While it is beyond the scope of this posting to discuss the less than obvious motivations for the two wars that we are now engaged in, the fact is that brave American men and women continue to die every day in the middle east for no good reason. Many of these patriots have risked and lost their lives for the nostalgic ideals of wars fought against tyranny during the last century. Sadly, however, these brave Americans now unwittingly serve the same kinds of tyrants that we once fought epic world wars to defeat.
Regarding the upcoming presidential elections, all of the prospective presidential candidates without exception are members of the current governmental regime, comprising of past and present congressmen, judges, cabinet members, presidential spouses, and other staffers.
Because of their affiliation and access to details of the inner workings of our government, I am forced to conclude that they are all familiar with and complicit in the treacherous acts being carried out against U.S. citizens, and are therefore as unworthy as George Bush is to hold the office of President of the United States.
I consider the upcoming elections to be another insult to our collective intelligence, as I believe that whoever is elected to be President will be compelled, regardless of their personal views, to continue implementing the plans already set into motion to control and manipulate the citizens of this country and the world community at large.
I sincerely wish that I had a solution to this monumental problem that I could set forth in this blog. I must regrettably admit, however, that I do not. Â I can say that the first step to creating any hope of overcoming the atrocities being inflicted on us and our families by our government is an admission to ourselves that all is NOT well in America. This must be followed by a commitment to critical thinking and a wholesale rejection of what is portrayed as “news” in this country. Information about what is really going on will not be seen on the nightly news. It must be sought out from a variety of sources, and then sifted through to determine fact from fiction. This is not at all an easy task, but one that is required if we are going to have any hope of taking back this country from the tyrants who now control our lives.
How many of you know that George W’s grandfather Prescott Bush made his fortune supporting the Nazi’s in WWII? Well its true. On several occasions in the 1940’s the assets of companies that he owned and managed, primarily the Union Banking Corporation, were siezed by the U.S. government under the “Trading with the Enemy Act”.
From George Bush: The Unauthorized Biography, by Webster G. Tarpley & Anton Chaitkin
The Hitler Project
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. 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. The order seizing the bank “vests” (seizes) “all of the capital stock of Union Banking Corporation, a New York corporation,” and names the holders of its shares as:
- E. Roland Harriman – 3991 shares [chairman and director of Union Banking Corp. (UBC); this is "Bunny" Harriman, described by Prescott Bush as a place holder who didn't get much into banking affairs; Prescott managed his personal investments]
Cornelis Lievense – 4 shares [president and director of UBC; New York resident banking functionary for the Nazis]
- Harold D. Pennington – 1 share [treasurer and director of UBC; an office manager employed by Bush at Brown Brothers Harriman]
- Ray Morris – 1 share [director of UBC; partner of Bush and the Harrimans]
- Prescott S. Bush – 1 share [director of UBC, which was co-founded and sponsored by his father-in-law George Walker; senior managing partner for E. Roland Harriman and Averell Harriman]
- H.J. Kouwenhoven – 1 share [director of UBC; organized UBC as the emissary of Fritz Thyssen in negotiations with George Walker and Averell Harriman; managing director of UBC's Netherlands affiliate under Nazi occupation; industrial executive in Nazi Germany; director and chief foreign financial executive of the German Steel Trust]
- Johann G. Groeninger – 1 share [director of UBC and of its Netherlands affiliate; industrial executive in Nazi Germany] “all of which shares are held for the benefit of … members of the Thyssen family, [and] is property of nationals … of a designated enemy country….”
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.U.S. forces landed under fire near Algiers on Nov. 8, 1942; heavy combat raged throughout November. Nazi interests in the Silesian-American Corporation, long managed by Prescott Bush and his father-in-law George Herbert Walker, were seized under the Trading with the Enemy Act on Nov. 17, 1942. In this action, the government announced that it was seizing only the Nazi interests, leaving the Nazis’ U.S. partners to carry on the business.These and other actions taken by the U.S. government in wartime were, tragically, too little and too late. President Bush’s family had already played a central role in financing and arming Adolf Hitler for his takeover of Germany; in financing and managing the buildup of Nazi war industries for the conquest of Europe and war against the U.S.A.; and in the development of Nazi genocide theories and racial propaganda, with their well-known results.The facts presented here must be known, and their implications reflected upon, for a proper understanding of President George Herbert Walker Bush and of the danger to mankind that he represents.
The President’s family fortune was largely a result of the Hitler project. The powerful Anglo-American family associations, which later boosted him into the Central Intelligence Agency and up to the White House, were his father’s partners in the Hitler project.President Franklin Roosevelt’s Alien Property Custodian, Leo T. Crowley, signed Vesting Order Number 248 seizing the property of Prescott Bush under the Trading with the Enemy Act. The order, published in obscure government record books and kept out of the news, explained nothing about the Nazis involved; only that the Union Banking Corporation was run for the “ Thyssen family” of “Germany and/or Hungary” –”nationals … of a designated enemy country.”By deciding that Prescott Bush and the other directors of the Union Banking Corp. were legally front men for the Nazis, the government avoided the more important historical issue: In what way were Hitler’s Nazis themselves hired, armed and instructed by the New York and London clique of which Prescott Bush was an executive manager? Let us examine the Harriman-Bush Hitler project from the 1920s until it was partially broken up, to seek an answer for that question.
Origin and Extent of the Project
Fritz Thyssen and his business partners are universally recognized as the most important German financiers of Adolf Hitler’s takeover of Germany. At the time of the order seizing the Thyssen family’s Union Banking Corp., Mr. Fritz Thyssen had already published his famous book, I Paid Hitler, admitting that he had financed Adolf Hitler and the Nazi movement since October 1923. Thyssen’s role as the leading early backer of Hitler’s grab for power in Germany had been noted by U.S. diplomats in Berlin in 1932. The order seizing the Bush-Thyssen bank was curiously quiet and modest about the identity of the perpetrators who had been nailed.
But two weeks before the official order, government investigators had reported secretly that “W. Averell Harriman was in Europe sometime prior to 1924 and at that time became acquainted with Fritz Thyssen, the German industrialist.” Harriman and Thyssen agreed to set up a bank for Thyssen in New York. “[C]ertain of [Harriman's] associates would serve as directors….” Thyssen agent “H. J. Kouwenhoven … came to the United States … prior to 1924 for conferences with the Harriman Company in this connection….”
When exactly was “Harriman in Europe sometime prior to 1924″? In fact,he was in Berlin in 1922 to set up the Berlin branch of W.A. Harriman & Co. under George Walker’s presidency. The Union Banking Corporation was established formally in 1924, as a unit in the Manhattan offices of W.A. Harriman & Co., interlocking with the Thyssen-owned Bank voor Handel en Scheepvaart (BHS) in the Netherlands. The investigators concluded that “the Union Banking Corporation has since its inception handled funds chiefly supplied to it through the Dutch bank by the Thyssen interests for American investment.” Thus by personal agreement between Averell Harriman and Fritz Thyssen in 1922, W.A. Harriman & Co. (alias Union Banking Corporation) would be transferring funds back and forth between New York and the “Thyssen interests” in Germany. By putting up about $400,000, the Harriman organization would be joint owner and manager of Thyssen’s banking operations outside of Germany.
How important was the Nazi enterprise for which President Bush’s father was the New York banker?
The 1942 U.S. government investigative report said that Bush’s Nazi-front bank was an interlocking concern with the Vereinigte Stahlwerke (United Steel Works Corporation or German Steel Trust) led by Fritz Thyssen and his two brothers. After the war, Congressional investigators probed the Thyssen interests, Union Banking Corp. and related Nazi units. The investigation showed that the Vereinigte Stahlwerke had produced the following approximate proportions of total German national output:
- 50.8% of Nazi Germany’s pig iron
- 41.4% of Nazi Germany’s universal plate
- 36.0% of Nazi Germany’s heavy plate
- 38.5% of Nazi Germany’s galvanized sheet
- 45.5% of Nazi Germany’s pipes and tubes
- 22.1% of Nazi Germany’s wire
- 35.0% of Nazi Germany’s explosives.
Prescott Bush became vice president of W.A. Harriman & Co. in 1926. That same year, a friend of Harriman and Bush set up a giant new organization for their client Fritz Thyssen, prime sponsor of politician Adolf Hitler. The new German Steel Trust, Germany’s largest industrial corporation, was organized in 1926 by Wall Street banker Clarence Dillon. Dillon was the old comrade of Prescott Bush’s father Sam Bush from the “Merchants of Death ” bureau in World War I.
In return for putting up $70 million to create his organization, majority owner Thyssen gave the Dillon Read company two or more representatives on the board of the new Steel Trust. Thus there is a division of labor: Thyssen’s own confidential accounts, for political and related purposes, were run through the Walker-Bush organization; the German Steel Trust did its corporate banking through Dillon Read. The Walker-Bush firm’s banking activities were not just politically neutral money-making ventures which happened to coincide with the aims of German Nazis. All of the firm’s European business in those days was organized around anti-democratic political forces.
In 1927, criticism of their support for totalitarianism drew this retort from Bert Walker, written from Kennebunkport to Averell Harriman: “It seems to me that the suggestion in connection with Lord Bearsted’s views that we withdraw from Russia smacks somewhat of the impertinent…. I think that we have drawn our line and should hew to it.” Averell Harriman met with Italy’s fascist dictator, Benito Mussolini. A representative of the firm subsequently telegraphed good news back to his chief executive Bert Walker: “… During these last days … Mussolini … has examined and approved our c[o]ntract 15 June.”
The great financial collapse of 1929-31 shook America, Germany and Britain, weakening all governments. It also made the hard-pressed Prescott Bush even more willing to do whatever was necessary to retain his new place in the world. It was in this crisis that certain Anglo- Americans determined on the installation of a Hitler regime in Germany.
W.A. Harriman & Co., well-positioned for this enterprise and rich in assets from their German and Russian business, merged with the British-American investment house, Brown Brothers, on January 1, 1931. Bert Walker retired to his own G.H. Walker & Co. This left the Harriman brothers, Prescott Bush and Thatcher M. Brown as the senior partners of the new Brown Brothers Harriman firm. (The London, England branch of the Brown family firm continued operating under its historic name–Brown, Shipley.)
Robert A. Lovett also came over as a partner from Brown Brothers. His father, E.H. Harriman’s lawyer and railroad chief, had been on the War Industries Board with Prescott’s father. Though he remained a partner in Brown Brothers Harriman, the junior Lovett soon replaced his father as chief executive of Union Pacific Railroad.
Brown Brothers had a racial tradition that fitted it well for the Hitler project! American patriots had cursed its name back in U.S. Civil War days. Brown Brothers, with offices in the U.S.A. and in England, had carried on their ships fully 75 percent of the slave cotton from the American South over to British mill owners. Now in 1931, the virtual dictator of world finance, Bank of England Governor Montagu Collet Norman, was a former Brown Brothers partner, whose grandfather had been boss of Brown Brothers during the U.S. Civil War. Montagu Norman was known as the most avid of Hitler’s supporters within British ruling circles, and Norman’s intimacy with this firm was essential to his management of the Hitler project.
In 1931, while Prescott Bush ran the New York office of Brown Brothers Harriman, Prescott’s partner was Montagu Norman’s intimate friend Thatcher Brown. The Bank of England chief always stayed at the home of Prescott’s partner on his hush-hush trips to New York. Prescott Bush concentrated on the firm’s German activities, and Thatcher Brown saw to their business in old England, under the guidance of his mentor Montagu Norman.
Hitler’s Ladder to Power
Adolf Hitler became Chancellor of Germany January 30, 1933, and absolute dictator in March 1933, after two years of expensive and violent lobbying and electioneering. Two affiliates of the Bush-Harriman organization played great parts in this criminal undertaking: Thyssen’s German Steel Trust; and the Hamburg-Amerika Line and several of its executives.
Let us look more closely at the Bush family’s German partners.
Fritz Thyssen told Allied interrogators after the war about some of his financial support for the Nazi Party: “In 1930 or 1931 … I told [Hitler's deputy Rudolph] Hess … I would arrange a credit for him with a Dutch bank in Rotterdam, the Bank fuer Handel und Schiff [i.e. Bank voor Handel en Scheepvaart (BHS), the Harriman-Bush affiliate]. I arranged the credit … he would pay it back in three years…. I chose a Dutch bank because I did not want to be mixed up with German banks in my position, and because I thought it was better to do business with a Dutch bank, and I thought I would have the Nazis a little more in my hands… .
“The credit was about 250-300,000 [gold] marks–about the sum I had given before. The loan has been repaid in part to the Dutch bank, but I think some money is still owing on it…. ” The overall total of Thyssen’s political donations and loans to the Nazis was well over a million dollars, including funds he raised from others–in a period of terrible money shortage in Germany.
Friedrich Flick was the major co-owner of the German Steel Trust with Fritz Thyssen, Thyssen’s long-time collaborator and occasional competitor. In preparation for the war crimes tribunal at Nuremberg, the U.S. government said that Flick was “one of leading financiers and industrialists who from 1932 contributed large sums to the Nazi Party … member of `Circle of Friends’ of Himmler who contributed large sums to the SS.” Flick, like Thyssen, financed the Nazis to maintain their private armies called Schutzstaffel (S.S. or Black Shirts) and Sturmabteilung (S.A., storm troops or Brown Shirts). The Flick-Harriman partnership was directly supervised by Prescott Bush, President Bush’s father, and by George Walker, President Bush’s grandfather. The Harriman-Walker Union Banking Corp. arrangements for the German Steel Trust had made them bankers for Flick and his vast operations in Germany by no later than 1926.
The Harriman Fifteen Corporation (George Walker, president, Prescott Bush and Averell Harriman, sole directors) held a substantial stake in the Silesian Holding Co. at the time of the merger with Brown Brothers, Jan. 1, 1931. This holding correlated to Averell Harriman’s chairmanship of the Consolidated Silesian Steel Corporation, the American group owning one- third of a complex of steel-making, coal-mining and zinc-mining activities in Germany and Poland, in which Friedrich Flick owned two-thirds.
The Nuremberg prosecutor characterized Flick as follows:
“Proprietor and head of a large group of industrial enterprises (coal and iron mines, steel producing and fabricating plants) … `Wehrwirtschaftsfuehrer’, 1938 [title awarded to prominent industrialists for merit in armaments drive--`Military Economy Leader']….”
For this buildup of the Hitler war machine with coal, steel and arms production, using slave laborers, the Nazi Flick was condemned to seven years in prison at the Nuremberg trials; he served three years. With friends in New York and London, however, Flick lived into the 1970s and died a billionaire.
On March 19, 1934, Prescott Bush–then director of the German Steel Trust’s Union Banking Corporation–initiated an alert to the absent Averell Harriman about a problem which had developed in the Flick partnership. Bush sent Harriman a clipping from the New York Times of that day, which reported that the Polish government was fighting back against American and German stockholders who controlled “Poland’s largest industrial unit, the Upper Silesian Coal and Steel Company….”
The Times article continued: “The company has long been accused of mismanagement, excessive borrowing, fictitious bookkeeping and gambling in securities. Warrants were issued in December for several directors accused of tax evasions. They were German citizens and they fled. They were replaced by Poles. Herr Flick, regarding this as an attempt to make the company’s board entirely Polish, retaliated by restricting credits until the new Polish directors were unable to pay the workmen regularly.”
The Times noted that the company’s mines and mills “employ 25,000 men and account for 45 percent of Poland’s total steel output and 12 percent of her coal production. Two-thirds of the company’s stock is owned by Friedrich Flick, a leading German steel industrialist, and the remainder is owned by interests in the United States.”
In view of the fact that a great deal of Polish output was being exported to Hitler Germany under depression conditions, the Polish government thought that Prescott Bush, Harriman and their Nazi partners should at least pay full taxes on their Polish holdings. The U.S. and Nazi owners responded with a lockout. The letter to Harriman in Washington reported a cable from their European representative: “Have undertaken new steps London Berlin … please establish friendly relations with Polish Ambassador [in Washington].”
A 1935 Harriman Fifteen Corporation memo from George Walker announced an agreement had been made “in Berlin” to sell an 8,000 block of their shares in Consolidated Silesian Steel. But the dispute with Poland did not deter the Bush family from continuing its partnership with Flick.
Nazi tanks and bombs “settled” this dispute in September, 1939 with the invasion of Poland, beginning World War II. The Nazi army had been equipped by Flick, Harriman, Walker and Bush, with materials essentially stolen from Poland.
There were probably few people at the time who could appreciate the irony, that when the Soviets also attacked and invaded Poland from the East, their vehicles were fueled by oil pumped from Baku wells revived by the Harriman/Walker/Bush enterprise.
Three years later, nearly a year after the Japanese attack on Pearl Harbor, the U.S. government ordered the seizure of the Nazis’ share in the Silesian-American Corporation under the Trading with the Enemy Act. Enemy nationals were said to own 49 percent of the common stock and 41.67 percent of the preferred stock of the company.
The order characterized the company as a “business enterprise within the United States, owned by [a front company in] Zurich, Switzerland, and held for the benefit of Bergwerksgesellschaft George von Giesche’s Erben, a German corporation….”
Bert Walker was still the senior director of the company, which he had founded back in 1926 simultaneously with the creation of the German Steel Trust. Ray Morris, Prescott’s partner from Union Banking Corp. and Brown Brothers Harriman, was also a director.
The investigative report prior to the government crackdown explained the “ NATURE OF BUSINESS: The subject corporation is an American holding company for German and Polish subsidiaries, which own large and valuable coal and zinc mines in Silesia, Poland and Germany. 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.”
The report noted that the American stockholders hoped to regain control of the European properties after the war.
Control of Nazi Commerce
Bert Walker had arranged the credits Harriman needed to take control of theHamburg-Amerika Line back in 1920. Walker had organized the American Ship and Commerce Corp. as a unit of the W.A. Harriman & Co., with contractual power over Hamburg-Amerika’s affairs.
As the Hitler project went into high gear, Harriman-Bush shares in American Ship and Commerce Corp. were held by the Harriman Fifteen Corp., run by Prescott Bush and Bert Walker.
It was a convenient stroll for the well-tanned, athletic, handsome Prescott Bush: From the Brown Brothers Harriman skyscraper at 59 Wall Street–where he was senior managing partner, confidential investments manager and adviser to Averell and his brother “ Bunny”–he walked across to the Harriman Fifteen Corporation at One Wall Street, otherwise known as G.H. Walker & Co.–and around the corner to his subsidiary offices at 39 Broadway, former home of the old W.A. Harriman & Co., and still the offices for American Ship and Commerce Corp., and of the Union Banking Corporation.
In many ways, Bush’s Hamburg-Amerika Line was the pivot for the entire Hitler project.
Averell Harriman and Bert Walker had gained control over the steamship company in 1920 in negotiations with its post-World War I chief executive, Wilhelm Cuno, and with the line’s bankers, M.M. Warburg. Cuno was thereafter completely dependent on the Anglo-Americans, and became a member of the Anglo-German Friendship Society. In the 1930-32 drive for a Hitler dictatorship, Wilhelm Cuno contributed important sums to the Nazi Party.
Albert Voegler was chief executive of the Thyssen-Flick German Steel Trust for which Bush’s Union Banking Corp. was the New York office. He was a director of the Bush-affiliate BHS Bank in Rotterdam, and a director of the Harriman-Bush Hamburg-Amerika Line. Voegler joined Thyssen and Flick in their heavy 1930-33 Nazi contributions, and helped organize the final Nazi leap into national power.
The Schroeder family of bankers was a linchpin for the Nazi activities of Harriman and Prescott Bush, closely tied to their lawyers Allen and John Foster Dulles.
Baron Kurt von Schroeder was co-director of the massive Thyssen-Huette foundry along with Johann Groeninger, Prescott Bush’s New York bank partner. Kurt von Schroeder was treasurer of the support organization for the Nazi Party’s private armies, to which Friedrich Flick contributed. Kurt von Schroeder and Montagu Norman’s protege Hjalmar Schacht together made the final arrangements for Hitler to enter the government.
Baron Rudolph von Schroeder was vice president and director of the Hamburg-Amerika Line. Long an intimate contact of Averell Harriman’s in Germany, Baron Rudolph sent his grandson Baron Johann Rudolph for a tour of Prescott Bush’s Brown Brothers Harriman offices in New York City in December 1932–on the eve of their Hitler-triumph.
Certain actions taken directly by the Harriman-Bush shipping line in 1932 must be ranked among the gravest acts of treason in this century.
The U.S. embassy in Berlin reported back to Washington that the “costly election campaigns” and “the cost of maintaining a private army of 300,000 to 400,000 men” had raised questions as to the Nazis’ financial backers. The constitutional government of the German republic moved to defend national freedom by ordering the Nazi Party private armies disbanded. The U.S. embassy reported that the Hamburg-Amerika Line was purchasing and distributing propaganda attacks against the German government, for attempting this last-minute crackdown on Hitler’s forces.
Thousands of German opponents of Hitlerism were shot or intimidated by privately armed Nazi Brown Shirts. In this connection we note that the original “Merchant of Death,” Samuel Pryor, was a founding director of both the Union Banking Corp. and the American Ship and Commerce Corp. Since Mr. Pryor was executive committee chairman of Remington Arms and a central figure in the world’s private arms traffic, his use to the Hitler project was enhanced as the Bush family’s partner in Nazi Party banking and trans-Atlantic shipping.
The U.S. Senate arms-traffic investigators probed Remington after it was joined in a cartel agreement on explosives to the Nazi firm I.G. Farben. Looking at the period leading up to Hitler’s seizure of power, the Senators found that “German political associations, like the Nazi and others, are nearly all armed with American … guns…. Arms of all kinds coming from America are transshipped in the Scheldt to river barges before the vessels arrive in Antwerp. They then can be carried through Holland without police inspection or interference. The Hitlerists and Communists are presumed to get arms in this manner. The principal arms coming from America are Thompson submachine guns and revolvers. The number is great.”
The beginning of the Hitler regime brought some bizarre changes to the Hamburg-Amerika Line– and more betrayals.
Prescott Bush’s American Ship and Commerce Corp. notified Max Warburg of Hamburg, Germany, on March 7, 1933, that Warburg was to be the corporation’s official, designated representative on the board of Hamburg-Amerika.
Max Warburg replied on March 27, 1933, assuring his American sponsors that the Hitler government was good for Germany: “For the last few years business was considerably better than we had anticipated, but a reaction is making itself felt for some months. We are actually suffering also under the very active propaganda against Germany, caused by some unpleasant circumstances. These occurrences were the natural consequence of the very excited election campaign, but were extraordinarily exaggerated in the foreign press. The Government is firmly resolved to maintain public peace and order in Germany, and I feel perfectly convinced in this respect that there is no cause for any alarm whatsoever.”
This seal of approval for Hitler, coming from a famous Jew, was just what Harriman and Bush required, for they anticipated rather serious “alarm” inside the U.S.A. against their Nazi operations.
On March 29, 1933, two days after Max’s letter to Harriman, Max’s son, Erich Warburg, sent a cable to his cousin Frederick M. Warburg, a director of the Harriman railroad system. He asked Frederick to “use all your influence” to stop all anti-Nazi activity in America, including “ atrocity news and unfriendly propaganda in foreign press, mass meetings, etc.” Frederick cabled back to Erich: “No responsible groups here [are] urging [a] boycott [of] German goods[,] merely excited individuals.” Two days after that, On March 31, 1933, the American-Jewish Committee, controlled by the Warburgs, and the B’nai B’rith, heavily influenced by the Sulzbergers (New York Times), issued a formal, official joint statement of the two organizations, counseling “that no American boycott against Germany be encouraged,” and advising “that no further mass meetings be held or similar forms of agitation be employed.”
The American Jewish Committee and the B’nai B’rith (mother of the “ Anti-Defamation League ”) continued with this hardline, no-attack-on-Hitler stance all through the 1930s, blunting the fight mounted by many Jews and other anti-fascists.
Thus the decisive interchange reproduced above, taking place entirely within the orbit of the Harriman/Bush firm, may explain something of the relationship of George Bush to American Jewish and Zionist leaders. Some of them, in close cooperation with his family, played an ugly part in the drama of Naziism. Is this why “professional Nazi-hunters” have never discovered how the Bush family made its money?
The executive board of the Hamburg Amerika Line (Hapag) met jointly with the North German Lloyd Company board in Hamburg on Sept. 5, 1933. Under official Nazi supervision, the two firms were merged. Prescott Bush’s American Ship and Commerce Corp. installed Christian J. Beck, a long-time Harriman executive, as manager of freight and operations in North America for the new joint Nazi shipping lines (Hapag-Lloyd) on Nov. 4, 1933.
According to testimony of officials of the companies before Congress in 1934, a supervisor from the Nazi Labor Front rode with every ship of the Harriman-Bush line; employees of the New York offices were directly organized into the Nazi Labor Front organization; Hamburg-Amerika provided free passage to individuals going abroad for Nazi propaganda purposes; and the line subsidized pro-Nazi newspapers in the U.S.A., as it had done in Germany against the constitutional German government.
The first misconception that most people have is that the Federal Reserve Bank is a branch of the US government. IT IS NOT. THE FEDERAL RESERVE BANK IS A PRIVATE COMPANY. Most people believe it is as American as the Constitution. THE FACT IS THE CONSTITUTION FORBIDS IT’S EXISTENCE. Article 1, Section 8 of the Constitution states that Congress shall have the power to create money and regulate the value thereof, NOT A BUNCH OF INTERNATIONAL BANKERS! Today the FED controls and profits by printing WORTHLESS PAPER, called money, through the Treasury, regulating its value, AND THE BIGGEST OUTRAGE OF ALL, COLLECTING INTEREST ON IT! (THE SO-CALLED NATIONAL DEBT).
The FED began with approximately 300 people or banks that became owners, stockholders purchasing stock at $100 per share - the stock is not publicly traded) in the Federal Reserve Banking System. They make up an international banking cartel of wealth beyond comparison. The FED banking system collects billions of dollars in interest annually and distributes the profits to its shareholders. The Congress illegally gave the FED the right to print money through the Treasury at no interest to the FED. The FED creates money from nothing, and loans it back to us through banks, and charges interest on our currency. The FED also buys Government debt with money printed on a printing press and charges U.S. taxpayers interest. Many Congressmen and Presidents say this is fraud. Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central banks, a very well kept secret, has been revealed: 1. Rothschild Bank of London 2. Warburg Bank of Hamburg 3. Rothschild Bank of Berlin 4. Lehman Brothers of New York 5. Lazard Brothers of Paris 6. Kuhn Loeb Bank of New York 7. Israel Moses Seif Banks of Italy 8. Goldman, Sachs of New York 9. Warburg Bank of Amsterdam 10. Chase Manhattan Bank of New York.
These bankers are connected to London Banking Houses which ultimately control the FED. When England lost the Revolutionary War with America where our forefathers were fighting their own government, they planned to control us by controlling our banking system, the printing of our money, and our debt. The individuals listed below owned banks which in turn owned shares in the FED. The banks listed below have significant control over the New York FED District, which controls the other 11 FED Districts. These banks also are partly foreign owned and control the New York FED District Bank: First National Bank of New York, James Stillman National City Bank, New York, Mary W. Harnman, National Bank of Commerce, New York, A.D. Jiullard Hanover, National Bank, New York, Jacob Schiff, Chase National Bank, New York, Thomas F. Ryan, Paul Warburg, William Rockefeller, Levi P. Morton, M.T. Pyne, George F. Baker, Percy Pyne, Mrs. G.F. St. George, J.W. Sterling, Katherine St. George, H.P. Davidson, J.P. Morgan (Equitable Life/Mutual Life), Edith Brevour, T. Baker.
How did it happen? After previous attempts to push the Federal Reserve Act through Congress, a group of bankers funded and staffed Woodrow Wilson’s campaign for President. He had committed to sign this act. In 1913, a Senator, Nelson Aldrich, maternal grandfather to the Rockefellers, pushed the Federal Reserve Act through Congress just before Christmas when much of Congress was on vacation. When elected, Wilson passed the FED. Later, Wilson remorsefully replied, referring to the FED, “I have unwittingly ruined my country”. Now the banks financially back sympathetic candidates. Not surprisingly, most of these candidates are elected.
The bankers employ members of the Congress on weekends (nickname T&T club -out Thursday…in Tuesday with lucrative salaries. Additionally, the FED started buying up the media in the 1930’s and now owns or significantly influences most of it. Presidents Lincoln, Jackson, and Kennedy tried to stop this family of bankers by printing U.S. dollars without charging the taxpayers interest. Today, if the government runs a deficit, the FED prints dollars through the U.S. Treasury, buys the debt, and the dollars are circulated into the economy. In 1992, taxpayers paid the FED banking system $286 billion in interest on debt the FED purchased by printing money virtually cost free. Forty percent of our personal federal income taxes goes to pay this interest. The FED’s books are not open to the public. Congress has yet to audit it. Congressman Wright Patman was Chairman of the House of Representatives Committee on Banking and Currency for 40 years. For 20 of those years, he introduced legislation to repeal the Federal Reserve Banking Act of 1913. Congressman Henry Gonzales, Chairman of a banking committee, introduced legislation to repeal the Federal Reserve Banking Act of 1913 almost every year. It’s always defeated, the media remains silent, and the public never learns the truth. The same bankers who own the FED control the media and give huge political contributions to sympathetic members of Congress.THE FED FEARS THE POPULATION WILL BECOME AWARE OF THIS FRAUD AND DEMAND CHANGE. We, the People, are at fault for being passive and allowing this to continue. THE FEDERAL RESERVE BOARD, A GOVERNMENT BOARD, HAS CHEATED THE GOVERNMENT OF THE UNITED STATES AND THE PEOPLE OF THE UNITED STATES OUT OF ENOUGH MONEY TO PAY THE NATIONAL DEBT SEVERAL TIMES OVER. The depredations and the iniquities of the Federal Reserve Board and the Federal Reserve banks acting together have cost this country dearly.����
They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; the rich and predatory money lenders. This is an era of economic misery and for the reasons that caused that misery, the Federal Reserve Board and the Federal Reserve banks are fully liable. Half a million dollars was spent on one part of propaganda organized by those same European bankers for the purpose of misleading public opinion in regard to the Federal Reserve Bank.
Every effort has been made by the Federal Reserve Board to conceal its power but the truth is the Federal Reserve Board has USURPED THE GOVERNMENT OF THE UNITED STATES. IT CONTROLS EVERYTHING HERE AND IT CONTROLS ALL OUR FOREIGN RELATIONS. IT MAKES AND BREAKS GOVERNMENTS AT WILL. No man and no body of men is more entrenched in power than the arrogant credit monopoly which operates the Federal Reserve Board and the Federal Reserve banks. These evil-doers have robbed this country. What the Government has permitted the Federal Reserve Board to steal from the people should now be restored to the people.Our people’s money to the extent of $1,200,000,000 has within the last few months been shipped abroad to redeem Federal Reserve Notes and to pay other gambling debts of the traitorous Federal Reserve Board and the Federal Reserve banks. The greater part of our monetary stock has been shipped to foreigners. Why should we promise to pay the debts of foreigners to foreigners? Why should American Farmers and wage earners add millions of foreigners to the number of their dependents? Why should the Federal Reserve Board and the Federal Reserve banks be permitted to finance our competitors in all parts of the world? The Federal Reserve Act should be repealed and the Federal Reserve banks, having violated their charters, should be liquidated immediately. FAITHLESS GOVERNMENT OFFICERS WHO HAVE VIOLATED THEIR OATHS SHOULD BE IMPEACHED AND BROUGHT TO TRIAL.
If the media is unbiased, independent and completely thorough, why haven’t they discussed the FED? Currently, half the states have at least a grass roots movement in action to abolish the FED, but there’s no press coverage. In July, 1968, the House Banking Subcommittee reported that Rockefeller, through Chase Manhattan Bank, controlled 5.9% of the stock in CBS. Furthermore, the bank had gained interlocking directorates with ABC.
In 1974, Congress issued a report stating that the Chase Manhattan Bank’s stake in CBS rose to 14.1% and NBC to 4.5%. The same report said that the Chase Manhattan Bank held stock in 28 broadcasting firms. After this report, the Chase Manhattan Bank obtained 6.7% of ABC, and today the percentage is most likely much greater. It only requires 5% ownership to significantly influence the media . This is only one of 300 wealthy shareholders of the FED. It is believed other FED owners have similar holdings in the media. To control the media, FED bankers call in their loans if the media disagrees with them.
Rockefeller also controls the Council on Foreign Relations (CFR), the sole purpose of which is to aid in stimulating greater interest in foreign affairs and a one world government. Nearly every major newscaster belongs to the Council on Foreign Relations. The Council on Foreign Relations controls many major newspapers and magazines. Additionally, major corporations owned by FED shareholders are the source of huge advertising revenues which surely would influence the media.
Every day I hear people complaining about what they don’t like about our government and media, but not one of them are willing to put forth an effort to try and change it, especially when it comes to their personal lives. We are as much a slave on a personal level, as our government is to the international bankers. We keep right on using the tool they put out here to control us, credit cards, and we are imprisoned by it. We are no longer willing to save up to buy something, we have to have it right now, so the Government has made it easy to have what you want without the having to save for it, (CREDIT). Don’t you think it funny that in a land with so much wealth, only 2 PERCENT of the people own their homes? (CREDIT). Do you know 60 PERCENT of Americans have at least 3 Credit cards used to it’s maximum? (CREDIT). Do you know that only 1 PERCENT of the people have their car paid for? (CREDIT). To be free, you must throw away your credit cards, and NEVER buy anything that you cannot afford at the moment of purchase. We will never be a free people until we rid ourselves of the burden placed here to control us, and when we stop renting from the powers, the power will cease to exist.
I will close with Thomas Jefferson’s Warning To America : “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” Written by Jefferson in a letter to the Secretary of the Treasury Albert Gallatin (1802).
