From: Asfilho@aol.com
Date: Mon Mar 24 2003 - 09:31:10 EST
> Copyright 2000 Sarasota Herald-Tribune Co. > Sarasota Herald-Tribune (Florida) > > November 12, 2000, Sunday, ALL EDITIONS > > SECTION: A SECTION, Pg. A10 > > LENGTH: 440 words > > HEADLINE: Author links Bush family to Nazis > > BYLINE: STAFF REPORT > > BODY: > > The president of the Florida Holocaust Museum said Saturday that George > W. > Bush's grandfather derived a portion of his personal fortune through his > affiliation with a Nazi-controlled bank. > > John Loftus, a former prosecutor in the Justice Department's Nazi War > Crimes > Unit, said his research found that Bush's grandfather, Prescott Bush, was a > principal in the Union Banking Corp. in Manhattan in the late 1930s and the > 1940s. > > Leading Nazi industrialists secretly owned the bank at that time, Loftus > said, and were moving money into it through a second bank in Holland even > after > the United States declared war on Germany. The bank was liquidated in 1951, > Loftus said, and Bush's grandfather and great-grandfather received $ 1.5 > million > from the bank as part of that dissolution. > > "That's where the Bush family fortune came from: It came from the Third > Reich," Loftus said. > > Loftus made his remarks during a speech as part of the Sarasota Reading > Festival. The author of "Unholy Trinity: The Vatican, The Nazis and the > Swiss > Banks," Loftus documented the Swiss bank accounts that harbored funds > confiscated from Holocaust victims and the participation of Italian priests > in > smuggling Nazi war criminals to safe haven in Canada, Central and South > America > and the United States after the war. > > Although he said he had a file of paperwork linking the bank and > Prescott > Bush to Nazi money, Loftus did not provide that documentation Saturday. > > Loftus pointed out that the Bush family would not be the only American > political dynasty to have ties to the "wrong side of World War II." The > Rockefellers had financial connections to Nazi Germany, he said. > > Loftus also reminded his audience that John F. Kennedy's father, an > avowed > isolationist and former ambassador to Great Britain, profited during the > 1930s > and '40s from Nazi stocks that he owned. > > "No one today blames the Democrats because Jack Kennedy's father bought > Nazi > stocks," Loftus said. Still, he said, it is important to understand these > historical connections for what they tell us about politics today. The > World War > II experience points out how easy it was then -- and remains today -- to > hide > money in multinational funds. > > That money flows into American politics today, he said, from "a series > of > multinational corporations behaving like pirates. They don't care about > ideology; they care about money." > > Loftus' speech left many in tears. > > "I am absolutely shocked," said Nancy Krauss of Punta Gorda. "I wish > this > would have come out before the election. My husband voted for Bush. I don't > think he would have voted for him if he would have known." > >
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