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The irony of George W. Bush going before the Knesset and mocking the late Sen. William Borah for expressing surprise at Adolf Hitler’s 1939 invasion of Poland is that Bush’s own family played a much bigger role assisting the Nazis. If Borah, an isolationist Republican from Idaho, sounded naïve saying “Lord, if only I could have talked to Hitler, all of this might have been avoided,” then what should be said about Bush’s grandfather and other members of his family providing banking and industrial assistance to the Nazis as they built their war machine in the 1930s? The archival evidence is now clear that Prescott Bush, the president’s grandfather, was a director and shareholder of companies that profited from and collaborated with key financial backers of Nazi Germany. That business relationship continued after Hitler invaded Poland in 1939 and even after Germany declared war on the United States following Japan’s bombing of Pearl Harbor in December 1941. It stopped only when the U.S. government seized assets of Bush-connected companies in late 1942 under the “Trading with the Enemy Act.” So, perhaps instead of holding up Sen. Borah to ridicule, Bush might have acknowledged in his May 15 speech that his forebears also were blind to the dangers of Hitler. Bush might have noted that his family’s wealth, which fueled his own political rise, was partly derived from Nazi collaboration and possibly from slave labor provided by Auschwitz and other concentration camps. A more honest speech before the Knesset – on the 60th anniversary of Israel’s founding – might have contained an apology to the Jewish people from a leading son of the Bush family for letting its greed contribute to Nazi power and to the horrors of the Holocaust. Instead, there was just the jab at Sen. Borah, who died in 1940. President Bush apparently saw no reason to remind the world of a dark chapter from the family history. After all, those ugly facts mostly disappeared from public consciousness soon after World War II. Protected by layers of well-connected friends, Prescott Bush brushed aside the Nazi scandal and won a U.S. Senate seat from Connecticut, which enabled him to start laying the foundation for the family’s political dynasty. In recent years, however, the archival records from the pre-war era have been assembled, drawing from the Harriman family papers at the Library of Congress, documents at the National Archives, and records from war-crimes trials after Germany’s surrender. Managers for the Powerful One can trace the origins of this story back more than a century to the emergence of Samuel Bush, George W. Bush’s great-grandfather, as a key manager for a set of powerful American business families, including the Rockefellers and the Harrimans. [See Consortiumnews.com’s “Bush Family Chronicles: The Patriarchs.”] That chapter took an important turn in 1919 when investment banker George Herbert Walker teamed up with Averell Harriman, scion to a railroad fortune, to found a new investment banking firm, W.A. Harriman Company. The Harriman firm was backed by the Rockefellers’ National City Bank and the Morgan family’s Guaranty Trust. The English-educated Walker assisted in assembling the Harriman family’s overseas business investments. In 1921, Walker’s favorite daughter, Dorothy, married Samuel Bush’s son Prescott, a Yale graduate and a member of the school’s exclusive Skull and Bones society. Handsome and athletic, admired for his golf and tennis skills, Prescott Bush was a young man with the easy grace of someone born into the comfortable yet competitive world of upper-crust contacts. Three years later, Dorothy gave birth to George Herbert Walker Bush in Milton, Massachusetts.
http://www.consortiumnews.com Robert Parry broke many of the Iran-Contra stories in the 1980s for the Associated Press and Newsweek. His latest book, Secrecy & Privilege: Rise of the Bush Dynasty from Watergate to Iraq, can be ordered at secrecyandprivilege.com. It's also available at Amazon.com, as is his 1999 book, Lost History: Contras, Cocaine, the Press & 'Project Truth.'
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