Prescott Bush, And The Golden Age Of War Profiteering

[Galraedia]

When the Remingtons, duPonts, Rockefellers, Mellons, J.P. Morgan, George Herbert Walker, Samuel Bush and Prescott Bush, as well as other representatives of America’s corporate elite decided to overthrow the government of the United States in 1934, they recruited retired Marine General Smedley Butler to lead it.

Butler was a two-time winner of the Medal of Honor, a man with a first-rate mind. He intended from the outset to infiltrate the group and turn them in. He did so and Congress held hearings, (the McCormack-Dickstein Hearings) headed by future Speaker John McCormack.

The group had planned to replace President Franklin Roosevelt with someone who would at first be called an “Assistant to the President” to take over the day-to-day operations of government. Remington would supply the arms, Smedley would get the “bonus army”–a half million World War I veterans–to march on Washington and Roosevelt would be shunted aside as Chancellor Hitler (much admired by America’s industrialists) had done to President Hindenburg in Germany.

The group intended to establish a Fascist regime that would send undesirables, including the unemployed, the Jews and political opponents to concentration and/or extermination camps.


Read more: http://www.addictinginfo.org/2011/11/26/prescott-bush-and-the-golden-age-of-war-profiteering/

[Zorra]

1. Thanks. Interesting.

The Bush Crime Family is the perfect example of the 1%, and this is why OWS intends to remove these fascists from power.

“…in 1942, the U.S. government seized the Walker-Bush Nazi assets under the Trading With the Enemy Act. But the well-connected clan managed to bury the news in the back pages: brief mentions of the companies involved, but no names of the Establishment grandees behind them. They also pulled strings to keep their American assets from being seized as well, even though the profits from these enterprises were inextricably mixed with their Nazi loot. Prescott later cashed in these tainted assets for millions, a nest egg that helped launch him into the Senate and his son and grandson into the White House.” –Chris Floyd

[PDJane]

2. They were connected with Theissen

until the sixties, too.

Of course, none of the bush clan has ever been held to account, either. War profits, war crimes, connections with Hitler, the introduction of American eugenics to Europe....and they keep on keeping on.

[msongs]

3. actually we are in a new golden age of war profiteering thanks to privatization nt

[Galraedia]

5. I believe Republicans call it "Disaster Capitalism"

This new investment sector is the core of the emerging "new economy" that generates profits by feeding off other peoples' misery: Wars, terror attacks, natural catastrophes, poverty, trade sanctions, market crashes and all kinds of economic, financial and political disasters.

[Norrin Radd]

4. kr

[no_hypocrisy]

6. On a related topic, the "powers" behind the proposed coupe may have been

one of the reasons why Ambassador Joseph P. Kennedy publicly stated that democracy was dead in Europe. He wanted in on those deals and he was merely repeating what the 1% of the Thirties and Forties were already saying. I don't think Kennedy had enough interest in history and politics to care either way whether democracy survived. It had to be for the money.