Hitler Was Financed by the Federal Reserve, the Bank of England and Partly with the Bush Family Connection
Slowly the myths of Nazi Germany, Adolf Hitler and World War Two are being broken down and the real history of the 20th century is gradually being established
This article by Yuri Rubtsov was originally published in 2009 at ru-polit.livejournal. It was translated by Ollie Richardson for Fort Russ on 14th May, 2016
It is a truly excellent piece of writing and does a great job of drawing back the curtain to expose the truth behind Hitler’s rise to power and the creation of Nazi Germany. They were both the result of financing from Wall Street and the assistance of US big business. The history books printed in the West are all deeply wrong, and deliberately so I might add, about the rise of Hitler and the Nazis; there are great secrets to be kept hidden and many of them would have deep repercussions in the modern world, should they become widely known. Furthermore, if people were to learn how the tricks of the past had been pulled off, then they would be much harder to fool today; therefore this article is imbued with much relevance to today’s world where the same old trick of creating a dictator in order to profit from later crushing them has been repeated many times – Saddam, Gadaffi, they were all called ‘the new Hitler’ at some point, marking them out for death; same old tricks, just different names and faces.
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Hitler Was Financed by the Federal Reserve and the Bank of England
More than 70 years ago was the start of the greatest slaughter in history.
The recent resolution of the parliamentary Assembly of the OSCE fully equalizes the role of the Soviet Union and Nazi Germany at the outbreak of the Second World War, except that it had the purely pragmatic purpose of extorting money from Russia on the contents of some of the bankrupt economies, intended to demonize Russia as the successor state to the USSR, and to prepare the legal ground for the deprivation of her right to speak out against revision of results of war.
But if we approach the problem of responsibility for the war, then you first need to answer the key question: who helped the Nazis come to power? Who sent them on their way to world catastrophe? The entire pre-war history of Germany shows that the provision of the “necessary” policies were managed by the financial turmoil, in which, by the way, the world was plunged into.
The key structures that defined the post-war development strategy of the West were the Central financial institutions of Great Britain and the United States — the Bank of England and the Federal Reserve System (FRS) — and the associated financial and industrial organizations set out a target to establish absolute control over the financial system of Germany to control political processes in Central Europe. To implement this strategy it is possible to allocate the following stages:
1st: from 1919 to 1924 — to prepare the ground for massive American financial investment in the German economy;
2nd: from 1924 to 1929 — the establishment of control over the financial system of Germany and financial support for national socialism;
3rd: from 1929 to 1933 — provoking and unleashing a deep financial and economic crisis and ensuring the Nazis come to power;
4th: from 1933 to 1939 — financial cooperation with the Nazi government and support for its expansionist foreign policy, aimed at preparing and unleashing a new World War.
In the first stage, the main levers to ensure the penetration of American capital into Europe began with war debts and the closely related problem of German reparations. After the US’ formal entry into the first World War, they gave the allies (primarily England and France) loans to the amount of $8.8 billion. The total sum of war debts, including loans granted to the United States in 1919-1921, was more than $11 billion.
To solve this problem, debtor countries tried to impose a huge amount of extremely difficult conditions for the payment of reparations at the expense of Germany. This was caused by the flight of German capital abroad, and the refusal to pay taxes led to a state budget deficit that could be covered only through mass production of unsecured Marks. The result was the collapse of the German currency — the “great inflation” of 1923, which amounted to 578 (512%), when the dollar was worth 4.2 trillion Marks. German Industrialists began to openly sabotage all activities in the payment of reparation obligations, which eventually caused the famous “Ruhr crisis” — Franco-Belgian occupation of the Ruhr in January 1923.
The Anglo-American ruling circles, in order to take the initiative in their own hands, waited for France to get caught up in a venturing adventure and to prove its inability to solve the problem. US Secretary of State Hughes pointed out: “It is necessary to wait for Europe to mature in order to accept the American proposal.”
The new project was developed in the depths of “JP Morgan & Co.” under the instruction of the head of the Bank of England, Montagu Norman. At the core of his ideas was representative of the “Dresdner Bank” Hjalmar Schacht, who formulated it in March 1922 at the suggestion of John Foster Dulles (future Secretary of state in the Cabinet of President Eisenhower) and legal adviser to President W. Wilson at the Paris peace conference. Dulles gave this note to the chief Trustee “JP Morgan & Co.”, and then JP Morgan recommended that H. Schacht, M. Norman, and the last of the Weimar rulers. In December, 1923, H. Schacht would become Manager of the Reichsbank and was instrumental in bringing together the Anglo-American and German financial circles.
In the summer of 1924, the project known as the “Dawes plan” (named after the Chairman of the Committee of experts who created it – American banker and Director of one of the banks of the Morgan group), was adopted at the London conference. He called for halving the reparations and solved the question about the sources of their coverage. However, the main task was to ensure favorable conditions for US investment, which was only possible with stabilization of the German Mark.
Massive crowds: Nazi leader Adolf Hitler saluting leaders and men of the Legion Condor, troops of the German Luftwaffe, an airborne wing of the military Hitler founded despite the Treaty of Versailles stipulation that Germany could have no such force
Terrifying imagery: Propaganda chief Joseph Goebbels speaking at the Lustgarden in Berlin. The master of mass psychology helped Hitler mold Germany into a nation bent on resisting the Allied forces
Art of power: Here, Hitler and Goebbels are seen in the Charlottenburg Theater's honor box as everyone salutes. A failed playwright himself Goebbels saw to it that no Jewish writers practiced their craft under Hitler's reign
Fierce loyalty: Crowds cheer Hitler's Austrian election campaign.In 1938, Hitler--who'd always seen Austria as a part of German--annexed the smaller country into greater Germany
Ominous rites: Annual midnight swearing-in of SS-men in Feldherrnhalle. Short for Schutzstaffel, the SS was the powerful military police arm of the Third Reich which numbered some 50,000 at its largest
United in hate: Annual midnight swearing-in of SS recruits. The SS was basically Hitler's personal Army who, led by Heinrich Himmler, followed his orders alone
To this end, the plan gave Germany a large loan of $200 million, half of which was accounted for by JP Morgan. While the Anglo-American banks gained control not only over the transfer of German payments, but also for the budget, the system of monetary circulation and to a large extent the credit system of the country. By August 1924, the old German Mark was replaced by a new, stabilized financial situation in Germany, and, as the researcher G.D Preparta wrote, the Weimar Republic was prepared for “the most picturesque economic aid in history, followed by the most bitter harvest in world history” — “an unstoppable flood of American blood poured into the financial veins of Germany.”
The consequences of this were not slow to appear.
This was primarily due to the fact that the annual reparations were to cover the amount of debt paid by the allies, formed by the so-called “absurd Weimar circle”. The gold that Germany paid in the form of war reparations, was sold, pawned, and disappeared in the US, where it was returned to Germany in the form of an “aid” plan, who gave it to England and France, and they in turn were to pay the war debt of the United States. It was then overlayed with interest, and again sent to Germany. In the end, all in Germany lived in debt, and it was clear that should Wall Street withdraw their loans, the country will suffer complete bankruptcy.
Secondly, although formal credit was issued to secure payment, it was actually the restoration of the military-industrial potential of the country. The fact is that the Germans were paid in shares of companies for the loans so that American capital began to actively integrate into the German economy.
The total amount of foreign investments in German industry during 1924-1929 amounted to almost 63 billion gold Marks (30 billion was accounted for by loans), and the payment of reparations — 10 billion Marks. 70% of revenues were provided by bankers from the United States, and most of the banks were from JP Morgan. As a result, in 1929, German industry was in second place in the world, but it was largely in the hands of America’s leading financial-industrial groups.
“Interessen-Gemeinschaft Farbenindustrie”, the main supplier of the German war machine, financed 45% of the election campaign of Hitler in 1930, and was under the control of Rockefeller “Standard oil”. Morgan, through “General Electric”, controlled the German radio and electrical industry via AEG and Siemens (up to 1933, 30% of the shares of AEG owned “General Electric”) through the Telecom company ITT — 40% of the telephone network in Germany.
In addition, they owned a 30% stake in the aircraft manufacturing company “Focke-Wulf”. “General Motors”, belonging to the DuPont family, established control over “Opel”. Henry Ford controlled 100% of the shares of “Volkswagen”. In 1926, with the participation of the Rockefeller Bank “Dillon, Reed & Co.” the second largest industrial monopoly in Germany after “I.G Farben” emerged — metallurgical concern “Vereinigte Stahlwerke” (Steel trust) Thyssen, Flick, Wolff, Feglera etc.
American cooperation with the German military-industrial complex was so intense and pervasive that by 1933 the key sectors of German industry and large banks such as Deutsche Bank, Dresdner Bank, Donat Bank etc were under the control of American financial capital.
The political force that was intended to play a crucial role in the Anglo-American plans was being simultaneously prepared. We are talking about the funding of the Nazi party and A. Hitler personally.
As former German Chancellor Brüning wrote in his memoirs, since 1923, Hitler received large sums from abroad. Where they went is unknown, but they were received through Swiss and Swedish banks. It is also known that, in 1922 in Munich, a meeting took place between A. Hitler and the military attache of the US to Germany – Captain Truman Smith – who compiled a detailed report for his Washington superiors (in the office of military intelligence), in which he spoke highly of Hitler.
It was through Smith’s circle of acquaintances Hitler was first introduced to Ernst Franz Sedgwick Hanfstaengl (Putzie), a graduate of Harvard University who played an important role in the formation of A. Hitler as a politician, rendered him significant financial support, and secured him the acquaintance and communication with senior British figures.
Hitler was prepared in politics, however, while Germany reigned in prosperity, his party remained on the periphery of public life. The situation changed dramatically with the beginning of the crisis.
Since the autumn of 1929 after the collapse of the American stock exchange was triggered by the Federal Reserve, the third stage of the strategy of Anglo-American financial circles started.
The Federal Reserve and JP Morgan decided to stop lending to Germany, inspired by the banking crisis and economic depression in Central Europe. In September 1931, England abandoned the gold standard, deliberately destroying the international system of payments and completely cutting off the financial oxygen to the Weimar Republic.
But a financial miracle occurred with the Nazi party: in September 1930, as a result of large donations from Thyssen, “I.G. Farben”, Kirdorf’s party got 6.4 million votes, and took second place in the Reichstag, after which generous investments from abroad were activated. The main link between the major German industrialists and foreign financiers became H. Schacht.
On January 4th, 1932, a meeting was held between the largest English financier M. Norman, A. Hitler, and von Papen, which concluded a secret agreement on the financing of the NSDAP. This meeting was also attended by US policymakers and the Dulles brothers, something which their biographers do not like to mention. On January 14th, 1933, a meeting between Hitler, Schroder, Papen and Kepler took place, where Hitler’s program was fully approved. It was here that they finally resolved the issue of the transfer of power to the Nazis, and on 30th January Hitler became Chancellor. The implementation of the fourth stage of the strategy thus begun.
The attitude of the Anglo-American ruling circles to the new government was very sympathetic. When Hitler refused to pay reparations, which, naturally, called into question the payment of war debts, neither Britain nor France showed him the claims of the payments. Moreover, after the visit in the United States in May 1933, H. Schacht was placed again as the head of Reichsbank, and after his meeting with the President and the biggest bankers on Wall Street, America allocated Germany new loans totalling $1 billion.
In June, during a trip to London and a meeting with M. Norman, Schacht also sought an English loan of $2 billion, and a reduction and then cessation of payments on old loans. Thus, the Nazis got what they could not achieve with the previous government.
In the summer of 1934, Britain signed the Anglo-German transfer agreement, which became one of the foundations of British policy towards the Third Reich, and at the end of the 30’s, Germany became the main trading partner of England. Schroeder Bank became the main agent of Germany in the UK, and in 1936 his office in New York teamed up with the Rockefellers to create the “Schroeder, Rockefeller & Co.” investment Bank, which “Times” magazine called the “economic propagandist axis of Berlin-Rome”. As Hitler himself admitted, he conceived his four-year plan on the basis of foreign financial loans, so it never inspired him with the slightest alarm.
In August 1934, American “Standard oil” in Germany acquired 730,000 acres of land and built large oil refineries that supplied the Nazis with oil. At the same time, Germany secretly took delivery of the most modern equipment for aircraft factories from the United States, which would begin the production of German planes.
Germany received a large number of military patents from American firms Pratt and Whitney”, “Douglas”, “Curtis Wright”, and American technology was building the “Junkers-87”. In 1941, when the Second world war was raging, American investments in the economy of Germany amounted to $475 million. “Standard oil” invested – 120 million, “General motors” – $35 million, ITT — $30 million, and “Ford” — $17.5 million.
05/07/03: (Information Clearing House)
It’s as well to remember that the Web never forgets, at least the US pres should take note of this fact and be careful of his utterances and how they can come back to haunt him. In fact four generations of Bush family history and too many skeletons in too many closets to count are to be found on the Web.
The close financial and economic cooperation of Anglo-American and Nazi business circles was the background against which, in the 30’s, a policy of appeasement led to world war II.
Today, when the world’s financial elite began to implement the “Great depression — 2” plan, with the subsequent transition to the “new world order”, identifying its key role in the organization of crimes against humanity becomes a priority.
Hitler Was Financed by the Federal Reserve, the Bank of England and Partly with the Bush Family Connection
Prescott Bush, granpa of Dubya
The Nazi’s American BankerWhat is interesting about the history of the Bush family are the connections;
Avril Harriman, Allen Dulles, the Rockefellers (the start of the oil connection), James Baker III, Gulf Oil, Pennzoil, Osama bin Laden…on and on it goes.A lapse of memory?
And given all the ‘pullpit pounding’ (more of which below) by ol’ Duyba and his minions, over the dubious moral character of Saddam and his cronies, much of which has underpinned the justification for the invasion and occupation of Iraq, it’s as well to compare the two sets of rogues. Not surprisingly, there’s little to choose between the two except that, in the case of the Bush gang, they have a ‘pedigree’ in perfidy which extends back almost a century and four generations that makes Saddam look positively angelic by comparison.
Prescott Bush – setting a family exampleIn a previous piece
a quote I used mentioned Prescott Bush the present pres’s granpa (http://www.americanpolitics.com/20030210Koop.html) so I decided to do a little researching to see what other dirty little secrets the Bush family have hidden in the dark recesses of the WWW and lo and behold, there’s a load of stuff out there (7,630 links to be precise, according to good ol’ google just on granpa Prescott Bush).
Geronimo!
It’s 1918 and, well you know students, they’re always up to innocent pranks. It seems Grandpa Bush set his grandson some fine family precedents starting with digging up Geronimo’s skull,"In 1918, Prescott Bush and two companions crept into the cemetery near Fort Sill and pried open the grave of Geronimo.The head was taken out, spiffed up and forwarded to New Haven, where it was given pride of place for goofy rituals that have been attended by generations of Bushes and a veritable army of powerful types.
The Apache nation (what was left of it anyway) was not amused. Okay, we’ll forgive granpa Bush his ‘juvenile pranks’ but it seems that this set the scene for the rest of his miserable life until his death in 1972 from carcinoma of the lung.From skulls to Zyklon B (and back again)But it seems that great-granpa George Walker was also in on the business of making money out of death (like great-granpa like great grand-son),"George Walker, GW's great-grandfather, also set up the takeover of the Hamburg-America Line, a cover for I.G. Farben's Nazi espionage unit in the United States. In Germany, I.G. Farben was most famous for putting the gas in gas chambers; it was the producer of Zyklon B and other gasses used on victims of the Holocaust.
The Bush family was not unaware of the nature of their investment partners. They hired Allen Dulles, the future head of the CIA, to hide the funds they were making from Nazi investments and the funds they were sending to Nazi Germany, rather than divest."Source:
Banking on Fascism. It just doesn’t stop does it, as Prescott Bush, son of George continued in the ‘grand tradition’ of skullduggery by also doing deals with the Nazis,"On October 20, 1942, the US Alien Property Custodian, under the "Trading With the Enemy Act," seized the shares of the Union Banking Corporation (UBC), of which Prescott Bush was a director and shareholder. The largest shareholder was E. Roland Harriman. (Bush was also the managing partner of Brown Brothers Harriman, a leading Wall Street investment firm.)"The UBC was established to send American capital to Germany to finance the reorganization of its industry under the Nazis. Their leading German partner was the notorious Nazi industrialist Fritz Thyssen, who wrote a book admitting much of this called "I Paid Hitler.""Among the companies financed was the Silesian-American Corporation, which was also managed by Prescott Bush, and by his father-in-law George Herbert Walker, who supplied Dub-a-Ya with his name. The company was vital in supplying coal to the Nazi war industry. It too was seized as a Nazi-front on November 17, 1942. The largest company Bush's UBC helped finance was the German Steel Trust, responsible for between one-third and one-half of Nazi iron and explosives."Prescott Bush was also a director of the Harriman Fifteen Corporation, (this one owned largely by Roland's brother, Averell Harriman), which owned about a third of the Consolidated Silesian Steel Corporation, the rest owned by Friedrich Flick, (a member of Himmler's "Circle of Friends" who donated to the S.S.)."Source:
What is interesting about the history of the Bush family are the connections; Avril Harriman, Allen Dulles, the Rockefellers (the start of the oil connection), James Baker III, Gulf Oil, Pennzoil, Osama bin Laden…on and on it goes. It looks like this’ll have to be part one of an on-going series on the Bush dynasty and their dirty dealings.Double Dutch?The story of steel magnate and billionaire bankroller of the Nazis, Fritz Thyssen and his Bush family connection is so incredible, that it deserves to be turned into a movie (obviously not by Hollywood). It all starts with John Loftus, a former U.S.Department of Justice Nazi War Crimes prosecutor who is the source of the following,"From 1945 until 1949, one of the lengthiest and, it now appears, most futile interrogations of a Nazi war crimes suspect began in the American Zone of Occupied Germany….
[The interrogation of] [m]ultibillionaire steel magnate Fritz Thyssen-the man whose steel combine was the cold heart of the Nazi war machine."They were trying to find out what had happened to Thyssen’s billions but without success. Why?"What the Allied investigators never understood was that they were not asking Thyssen the right question. Thyssen did not need any foreign bank accounts because his family secretly owned an entire chain of banks. He did not have to transfer his Nazi assets at the end of World War II, all he had to do was transfer the ownership documents - stocks, bonds, deeds and trusts--from his bank in Berlin through his bank in Holland to his American friends in New York City, Prescott Bush and Herbert Walker. Thyssen's partners in crime were the father and father-in-law of a future President of the United States [my emph. WB].…"The British and American interrogators may have gravely underestimated Thyssen but they nonetheless knew they were being lied to. Their suspicions focused on one Dutch Bank in particular, the Bank voor Handel enScheepvaart, in Rotterdam. This bank did a lot of business with the Thyssens over the years. In 1923, as a favor to him, the Rotterdam bank loaned the money to build the very first Nazi party headquarters in Munich."If the investigators realized that the US intelligence chief in postwar Germany, Allen Dulles, was also the Rotterdam bank's lawyer, they might have asked some very interesting questions. They did not know that Thyssen was Dulles' client [my emph. WB] as well. Nor did they ever realize that it was Allen Dulles's other client, Baron Kurt Von Schroeder who was the Nazi trustee for the Thyssen companies which now claimed to be owned by the Dutch [my emph. WB].
The Rotterdam Bank was at the heart of Dulles' cloaking scheme, and he guarded its secrets jealously.…"[T]he Dutch connection remained unexplored until 1994 when I published the book "The Secret War Against the Jews." As a matter of historical curiosity, I mentioned that Fritz Thyssen (and indirectly, the Nazi Party) had obtained their early financing from Brown Brothers Harriman [my emph. WB], and its affiliate, the Union Banking Corporation. Union Bank, in turn, was the Bush family's holding company for a number of other entities, including the "Holland American Trading Company."Source:
There are so many twists and turns to this story, that this is not the place to to go into all the labyrinthine links between the Nazis, the Bush Family and the CIA (via Allen Dulles) or indeed, a host of other corporate connections. But this final quote from the same source, gives you an idea of just how much money is involved,"The enormous sums of money deposited into the Union Bank prior to 1942 is the best evidence that Prescott Bush knowingly served as a money launderer for the Nazis. Remember that Union Banks' books and accounts were frozen by the U.S. Alien Property Custodian in 1942 and not released back to the Bush family until 1951. At that time, Union Bank shares representing hundreds of millions of dollars worth of industrial stocks and bonds were unblocked for distribution. Did the Bush family really believe that such enormous sums came from Dutch enterprises? One could sell tulip bulbs and wooden shoes for centuries and not achieve those sums. A fortune this size could only have come from the Thyssen profits made from rearming the Third Reich, and then hidden, first from the Nazi tax auditors, and then from the Allies."For the full story please go to the link above.Crocodile tearsAll of which makes the following quote from Dubya all the more sickening,"In April 1999, [then] Texas Governor George W. Bush proclaimed a week of remembrance for the Holocaust. He said, "I urge Texans to never forget the inhumanity of those who perpetrated the Holocaust, and reflect upon our own humanity and our responsibility to respect all peoples."Source:
Like granpa like grand-son? Well given where Dubya got his money from, and his continuing in the ‘grand tradition of the Bush gang, I’m feeling quite biblical about things, so I thought following,Short diversionWould be useful. I know there will be some among you who think I’ve just got it in for the Bushes, so in my wanderings over the Web, I came across this little gem from
"Duty, Honor, Country The Life and Legacy of Prescott BushBy Mickey HerskowitzThis paean to the life of Prescott Bush, by a conservative writer is a salutory warning to us all. I quote,"He [Prescott Bush] was a unifier, not a divider. And he was of such high integrity [sic] that behind the scenes was where he was at his best. He was a man of great faith. His grandfather was a minister whose faith and integrity were fully ingrained in the Bush family. Prescott always emphasized honesty, charity, fairness and proactive dedication to God, family and country."From a review by Susan Kurz.
I could go on quoting, but I’m afraid I’ll throw up. Check it out for yourself at
http://www.townhall.com/bookclub/herskowitz.html. Townhall.com is, by the way, "the first truly interactive community on the Internet to bring Internet users, conservative public policy organizations, congressional staff, and political activists together under the broad umbrella of "conservative" thoughts, ideas and actions."
There’s none so blind as those that refuse to see.From Eugenicist to anti-abortionistNot content with digging up the ancestors, supporting Fascism,laundering Nazi money through a Dutch-based bank, selling weapons to the mullahs of Iran, trading guns for drugs, doing business deals with Osama bin Laden, the Bush family in the form of ol’ granpa Prescott was an early supporter of the Eugenics movement (or racial purity, to give it its real name). And a rather embarassing connection it is too, as Bush Snr. discovered.
Massive crowds: Nazi leader Adolf Hitler saluting leaders and men of the Legion Condor, troops of the German Luftwaffe, an airborne wing of the military Hitler founded despite the Treaty of Versailles stipulation that Germany could have no such force
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