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BUSH S&L RIPOFF |
| It should also be noted that shortly after news of Neil
Bush’s involvement in the S&L scandal hit the press his father, George Bush
Sr., announced the Desert Storm campaign in Iraq, which subsequently had the
result of making Neil’s name quickly fade from the headlines. In addition,
while Neil Bush's divorce proceeding were exposing more backroom Bush
dealings, America was once again bombarded with war
propaganda for Operation Iraq Freedom. The S&L scandal is by no means the only incident of questionable, and actually illegal, financial activity that the Bush family has been involved in. The line of questionable, illegal, and unethical businesses practices goes back at least to Prescott Bush Sr., George Bush Sr.’s father. Prescott Bush was a Senator from 1952 – 1963. Previous to his time as a Senator Prescott was a banker and businessman. Prior to the American entry into WWII Prescott Bush was director of Union Banking Corporation. Union Banking Corporation helped to finance Hitler’s regime. The Concentration Camps of Nazi Germany were labor camps that the Nazis used to make products for their regime as well as for sale to raise money. Prescott profited directly from the Auschwitz labor camp. In 1942, after Hitler declared war on America the United States government seized the Union Banking Corporation under the Trading with the Enemy Act as a front operation that was supporting the Nazis. Much of the profits from the operation were already pocketed by Prescott however, and $1.5 million was put in a trust fund for George Bush Sr. For more on Prescott Bush's ties to the Nazis see: http://www.guardian.co.uk/usa/story/0,12271,1312540,00.html http://www.nhgazette.com/cgi-bin/NHGstore.cgi?user_action=detail&catalogno=NN_Bush_Nazi_2 The issues of WWII will be revisited again later. This is actually just the tip of the iceberg as far as the Bush family and business dealings are concerned, the topic is a book in itself. In the interest of brevity I invite you to research the Bush family business ties yourself, including those in Saudi Arabia, where George Bush made millions as an oil well developer, and George Bush’s $14 million deal when he sold the Texas Rangers, while leaving tax payers footing the bill. http://www.realchange.org/bushjr.htm#rangers |