What goes around, comes around.
Only the names have been changed...
I was very young, but I recall the anti Jew sentiment in my cozy, all
White neighborhood in Seattle. Many dollars were put on the line with
the intent of destroying the Jewish financial Empire. And some of our
most beloved citizens, not the least was Henry Ford, had a love affair
with the Nazis, believing that they would settle matters with both the
Jews and the Communists, and then settle down to business as usual.
Fortunately, Greed knows no loyalties. Hitler could not help himself.
He took his own propaganda to heart and believed that he could have it
all.
The American Empire has very similar issues.
Carl Jarvis
On 12/17/15, Miriam Vieni <miriamvieni@xxxxxxxxxxxxx> wrote:
I couldn't resist sending on this gem, also, although it isn't new.
90. During the rise of Nazism, did Wall Street investment in Germany
decrease, stay the same, or increase?
Prescott Sheldon Bush's early business efforts, like those of his grandson
George W. Bush, tended to fail. He married the daughter of a very rich man
named George Herbert Walker who installed Prescott Bush as an executive in
Thyssen and Flick. From then on, Prescott's business dealings went better,
and he entered politics. The Thyssen in the firm's name was a German named
Fritz Thyssen, a major financial backer of Hitler referred to in the New
York Herald-Tribune as "Hitler's Angel." Many Wall Street executives viewed
the Nazis as enemies of communism. American investment in Germany increased
48.5 percent between 1929 and 1940 even as it declined sharply everywhere
else in continental Europe. Major investors included Ford, General Motors,
General Electric, Standard Oil, Texaco, International Harvester, ITT, and
IBM. Bonds were sold in New York in the 1930s that financed the
Aryanization
of German companies and real estate stolen from Jews. Many companies
continued doing business with Germany through the war, even if it meant
benefitting from concentration-camp labor. IBM even provided the Hollerith
Machines used to keep track of Jews and others to be murdered, while ITT
created the Nazis' communications system as well as bomb parts and then
collected $27 million from the U.S. government for war damage to its German
factories. U.S. pilots were instructed not to bomb factories in Germany
that
were owned by U.S. companies. When Cologne was leveled, its Ford plant,
which provided military equipment for the Nazis, was spared and even used
as
an air raid shelter. Henry Ford had been funding the Nazis' anti-Semitic
propaganda since the 1920s. His German plants fired all employees with
Jewish ancestry in 1935, before the Nazis required it. In 1938, Hitler
awarded Ford the Grand Cross of the Supreme Order of the German Eagle, an
honor only three people had previously received, one of them being Benito
Mussolini. Hitler's loyal colleague and leader of the Nazi Party in Vienna,
Baldur von Schirach, had an American mother and said her son had discovered
anti-Semitism by reading Henry Ford's The Eternal Jew. The companies
Prescott Bush profited from included one engaged in mining operations in
Poland using slave labor from Auschwitz. Two former slave laborers later
sued the U.S. government and Bush's heirs for $40 billion, but the suit was
dismissed by a U.S. court on the grounds of state sovereignty. Until the
United States entered World War II it was legal for Americans to do
business
with Germany, but in late 1942 Prescott Bush's business interests were
seized under the Trading with the Enemy Act. Among those businesses
involved
was the Hamburg America Lines, for which Prescott Bush served as a manager.
A Congressional committee found that Hamburg America Lines had offered free
passage to Germany for journalists willing to write favorably about the
Nazis, and had brought Nazi sympathizers to the United States.
