Book Reviews | Gordon Campbell | News Flashes | Scoop Features | Scoop Video | Strange & Bizarre | Search

 


Translation Of Newsweek Article On Bush Nazi Ties

NOTE: The following is a translation of the Polish Newsweek article linked to by Scoop last week. A big thankyou to Scoop readers Luke and Mateusz for providing the translations. – The Scoop Editor

Translation from the Polish of the Newsweek article on Prescott Bush and the Nazis

"The Bush family reaped rewards from the forced labour prisoners in the Auschwitz concentration camp. Prescott Bush, the grandfather of the US president George W bush, during WW2 had financial links with the nazis, thanks to whom he made his fortune as a banker.

Prescott Bush was a director and shareholder of the United Banking Corporation, which acquired from the nazi industrialist Fritz Thyssen, the Consolidate Silesian Steel Corporation, where prisoners from Auschwitz worked.

During the summer in 1942, this was reported in the American press and the US government examined the books of UBC. On the 20th of October, the government commenced action against the company under the trading with the enemy act (sic) which Franklin D. Roosevelt enacted a week after the attack on Pearl Harbor in December 1941.

The company could continue to function under the limitations that it’s functions would not result in any help being given to the Nazis. Only in 1943, Prescott Bush distanced himself from UBC and had even engaged in the collection of funds for the victims of the war inhis role as president of the National War Fund."

Another translation has been provided by Scoop reader Mateusz.

"The Bush family made a profit from the Auschwitz prisoners’ slave labour. Prescott Sheldon Bush, ‘Dubya’s’ grandfather, had tight financial connections with the Nazis, thanks to which he multiplied the family’s fortune as a banker.

Prescott Bush was an executive and shareholder of the United Banking Corporation, which bought the Consolidated Silesian Steel Corporation from the Nazi industrialist Fritz Thyssen, who had been employing prisoners from nearby Auschwitz.

In the summer of 1942, the case was made public by the American press, which lead to the investigation of the financial records of UBC by the government.

On the 20th of October that year the authorities took over the company’s shares on the basis of an enemy trade act, which President Franklin D. Roosevelt had signed one week after the attack on Pearl Harbour in December 1941.

The corporation could still operate, but only if its actions would not in any way benefit the Nazis. Prescott Bush pulled out of the UBC as late as 1943 and for a period of time committed himself to fundraising for the casualties of war as CEO of the National War Fund. "

To view the original see…
http://newsweek.redakcja.pl/archiwum/artykul.asp?Watek=7159&WatekStr=1&Artykul=4903

© Scoop Media

 
 
 
 
 
Top Scoops Headlines

 

Gordon Campbell: On The Crisis In Greece

Greece, as the cradle of democracy, is getting no brownie points for actually practicing it. The decision by the Greek government to go back to the people for a mandate for the bailout terms being proposed by the Eurozone seems entirely appropriate. More>>

ALSO:

Stories Of Scoop: Alastair Thompson, Scoop Media & The Cost Of Free Journalism

How does a news organization that cares about authentic journalism and has a mission to effect “positive change” continue to operate in these times of derivative storytelling when advertising dollars are no longer determined by the quality of editorial content? More>>

ALSO:

Gordon Campbell: On The Pope’s Encyclical On Climate Change

The spread of market mechanisms into every facet of life – as health, education and the environment get treated as mere commodities – has seen economic efficiency worshipped in its own right as a totem, and as a substitute for morality. The Laudato Si encyclical issued today by Pope Francis on climate change and the environment goes some away to restoring a sane balance. More>>

ALSO:

Scoop Turns Sixteen: How Scoop's “Ethical Paywall” Model Has Changed Everything

As of this month, a broad range of professional organisations, including constitutional institutions, government agencies & departments, NGOs, Unions, CRIs, law firms, PR agencies, accountancy firms, media organisations, libraries and businesses - all of which make regular use of Scoop in their daily work and for professional research - have joined Scoop’s new “Ethical Paywall” copyright licensing scheme. More>>

ALSO:

Gordon Campbell:
On The Sepp Blatter Resignation

Any initial elation at Sepp Blatter’s resignation as the overlord of FIFA will be tempered by his declared intention to stay on until at least December and possibly March 2016, to enable his successor to be elected. Has FIFA got no existing succession plan that could kick in before this? More>>

ALSO:

Gordon Campbell: On The FIFA Scandal, And Similar Dirty Deal

With the US now investigating FIFA’s racketeering and money-laundering activities and the Swiss also looking at the bribes that went into the choice of Russia and Qatar as upcoming FIFA venues, the capos at FIFA are taking the fall for the boss of all bosses, Sepp Blatter - who has somehow been blissfully unaware of the dirty payoffs and extortion rackets conducted on his watch ... More>>

Get More From Scoop

 
 
 
 
 
 
 
Top Scoops
Search Scoop  
 
 
Powered by Vodafone
NZ independent news