In 1933 there was a plot to overthrow FDR

[Kid Berwyn]

22. You are welcome, still one! This topic shows DU's importance.

...DUer’s observations on Prescott Bush's role in the fascist Wall Street Coup Against FDR...

Bush Fulfills His Grandfather's Dream

by David Swanson | Jul 28 2007 - 2:01pm |

It's remarkably common for a grandson to take up his grandfather's major project. This occurred to me when I read recently of Thor Heyerdahl's grandson taking up his mission to cross the Pacific on a raft. But what really struck me was the BBC story aired on July 23rd documenting President George W. Bush's grandfather's involvement in a 1933 plot to overthrow the U.S. government and install a fascist dictatorship. I knew the story, but had not considered the possibility that the grandson was trying to accomplish what his grandfather had failed to achieve.

Prescott Sheldon Bush (1895 to 1972) attended Yale University and joined the secret society known as Skull and Bones. Prescott is widely reported to have stolen the skull of Native American leader Geronimo. As far as I know, this has not actually been confirmed. In fact, Prescott seems to have had a habit of making things up. He sent letters home from World War I claiming he'd received medals for heroism. After the letters were printed in newspapers, he had to retract his claims.

If this does not yet sound like the life of a George W. Bush ancestor, try this on for size: Prescott Bush's early business efforts tended to fail. He married the daughter of a very rich man named George Herbert Walker (the guy with the compound at Kennebunkport, Maine, that now belongs to the Bush family, and the origin of Dubya's middle initial). Walker installed Prescott Bush as an executive in Thyssen and Flick. From then on, Prescott's business dealings went better, and he entered politics.

Now, the name Thyssen comes from a German named Fritz Thyssen, major financial backer of the rise of Adolph Hitler. Thyssen was referred to in the New York Herald-Tribune as "Hitler's Angel." During the 1930s and early 1940s, and even as late as 1951, Prescott Bush was involved in business dealings with Thyssen, and was inevitably aware of both Thyssen's political activities and the fact that the companies involved were financially benefiting the nation of Germany. In addition, the companies Prescott Bush profited from included one engaged in mining operations in Poland using slave labor from Auschwitz. Two former slave laborers have sued the U.S. government and the heirs of Prescott Bush for $40 billion.

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