According to classified documents from Dutch intelligence and U.S. government archives, President George W. Bush’s grandfather, Prescott Bush, made considerable profits off Auschwitz slave labor. In fact, President Bush himself is an heir to these profits from the holocaust which were placed in a blind trust in 1980 by his father, former president George Herbert Walker Bush.

Through Union Banking Corp. (UBC), Prescott Bush, and his father-in-law, George Herbert Walker, along with German industrialist Fritz Thyssen, financed Adolf Hitler before and during WWII.

The U.S. government had known that many U.S. companies were aiding Hitler, like Standard Oil, General Motors and Chase Bank, all of which were sanctioned after Pearl Harbor. Prescott Bush and UBC (which he managed directly), profited from the Holocaust. Near the end of WWI, August Thyssen (Fritz's father) opened the Bank voor Handel en Scheepvaart in Rotterdam.

Railroad baron Edward Henry Harriman’s son Averell wanted nothing to do with railroads, so his father gave him an investment firm, W.A. Harriman & Co. in New York City. E.H. hired the most qualified person in the country to run the operation, George Herbert Walker. In 1922, Averell Harriman traveled to Germany to set up a W.A. Harriman & Co. branch in Berlin. Early in 1924, Hendrick J. Kouwenhoven, the managing director of Bank voor Handel en Scheepvaart, traveled to New York to meet with George H. Walker and the Harriman brothers. Together, they established the Union Banking Corp. The UBC’s headquarters was located at the same 39 Broadway address as Harriman & Co.

Through the mid to late 1920s, Walker and Harriman’s firm sold over $50,000,000 worth of German bonds to American investors. Walker hired Bush to help him supervise the new Thyssen/ Flick United Steel Works. One section of the USW empire was the Consolidated Silesian Steel Corp. and the Upper Silesian Coal and Steel Co. located in the Silesian section of Poland. Thy-ssen’s steel empire was the cold steel heart of the new Nazi war machine that led the way to WWII. Bush’s shares in UBC peaked with Hitler’s new German order.

Consolidated Silesian Steel Corp. was near the Polish town of Oswiecim, one of Poland’s richest mineral regions. That was where Hitler set up the Auschwitz concentration camp. the Nazis transferred Jews, communists, gypsies and other minority populations to the camp. The prisoners who were able to work were shipped to 30 different companies. One of the companies was the vast Consolidated Silesian Steel Corp. That was the reason why Auschwitz was built there. The coal deposits could be processed into either coal or additives for aviation gasoline.

Thyssen sold Consolidated Steel to UBC. Under the complete control of Harriman and management of Bush, the company became the Silesian American Corp. which became part of UBC and Harriman’s portfolio of 15 corporations. A portion of the slave labor in Poland was “managed by Prescott Bush,” according to a Dutch intelligence agent. Prescott Bush received $1.5 million for his share in UBC. In 1980, when George H.W. Bush became vice president, he placed his father’s family inherence in a blind trust.