Originally posted by Medium FormatPro ...One has to wonder where the Bush allegiance is?
Some would say it is in war profiteering, although easily swept under the rug. From Wikipedia, but I ain't writing a paper so the references are fair game:
In the spring of 1918, banker Bernard Baruch was asked to reorganize the War Industries Board as the U.S. prepared to enter World War I, and placed several prominent businessmen to key posts. (Samuel P.) Bush became chief of the Ordnance, Small Arms, and Ammunition Section, with national responsibility for government assistance to and relations with munitions companies.
(Prescott) Bush was one of seven directors (including W. Averell Harriman) of the Union Banking Corporation, an investment bank that operated as a clearing house for many assets and enterprises held by German steel magnate Fritz Thyssen. In July 1942 the bank was suspected of holding gold on behalf of Nazi leaders. A subsequent government investigation disproved those allegations, but confirmed the Thyssens' control, and in October 1942 the United States seized the bank under the Trading with the Enemy Act and held the assets for the duration of World War II.
According to the journalist Joe Conason (Prescott) Bush's involvement with UBC was purely commercial and that he was not a Nazi sympathizer. The Anti-Defamation League and historian Herbert Parmet agreed with that assessment.
Last edited by lammie200; 11-22-2012 at 10:14 PM.