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REGRETS VIOLATING NUMBER-ONE TABOO
Bank
begs forgiveness
GLENVIEW, Ill.—Glenview State Bank executives apologized to Jewish people on the bank's Web site Tuesday night, after a bank newsletter to customers praised Adolf Hitler as an economic leader of the 1930s. "We sincerely apologize for this error. We did not intend to offend anyone. Please forgive us for this mistake," the 83-year-old suburban bank said Tuesday. It said it received "many" letters and phone calls from upset people. The apology came after the Chicago chapter of the Anti-Defamation League started getting complaints about the bank's July newsletter and the bank president's depiction of Hitler as an economic leader—arguments that the author, who is the bank president, compared to the performance of today's U.S. economy. The bank pulled the Web site version of the newsletter Tuesday morning after the league said people had contacted the group to complain. Anti-Defamation League regional director Richard Hirschhaut said he requested the apology during a conversation he had Tuesday with the bank's main owners, which include bank holding company Chairman and Chief Executive John Jones and bank President Raub. "Hitler's economic policies cannot be divorced from his great policies of virulent anti-Semitism, racism and genocide," Hirschhaut wrote in a letter to the bank. "There are really no circumstances under which Hitler should be held as a good model." In the 1,500-word newsletter, Raub talks of how Hitler was the only major leader during the 1930s who successfully resuscitated his country's economy when others such as President Franklin Roosevelt could not, and "led German workers to work harder than anyone else in Europe." "The Great Depression of the 1930's saw falling prices, staggering unemployment and shattered stock markets all over the world, and the world's leading statesmen seemed helpless to defeat it. Except for one," the newsletter reads. "His name was Adolf Hitler. Unlike France and Britain, and unlike the United States, Germany spent most of the 1930's growing economically, not declining. If we can understand why Depression-era Germany resisted the disease, we may better understand how alarmed we should be today in the 21st century." Raub said Hitler avoided deflation unlike other European nations and reduced unemployment. In an interview, Raub said he's written monthly newsletters for 15 years, and always seeks to apply examples of economy history to current events. His July newsletter, he said, "was a miserable failure." The bank also apologized for a remark Raub made regarding Palestine. In the newsletter, he said "America is showing that it stands for something more than its most narrow self-interest by taking on thankless jobs in Palestine, Africa and Iraq." The bank's apology and the Anti-Defamation League's letter are posted at www.gsb.com. Jones said he didn't know if the bank would take any other actions after posting the apology, saying Tuesday he would take things "one step at a time." Raub said he'll continue to write newsletters. Glenview is owned by Cummins-American Corp., which is based in Mount Prospect. According to Hoover's Online, Mount Prospect-based Cummins-American has another division that makes coin sorters, scanners, check imprinters and paper shredders. It also produces computer software. The Jones family owns a majority of the company, Hoover's said. It ranked the
36th-largest bank in the Chicago metropolitan area as of June 2002,
based on deposits of $621.4 million, according to SNL Financial.
If you would like to get a glimpse of what a sound and prosperous Aryan nation looks like, one which was able to solve its economic and social problems without resorting to war (while those unable to solve THEIR problems needed war to destroy this country), then you should read Look to Germany by Stanley McClatchie. Containing 300 photographs plus maps, this 248-page volume presents an unsullied picture of life under Adolf Hitler. $33 To learn how Hitler accomplished his economic miracle, read The Truth in Money Book by Theodore Thoren and Richard Warner. In this illustrated, easy-to-read, 262-page book the authors offer an American solution for solving current economic problems based on the Third Reich monetary model. $18 Save $3 by ordering both books together for just $48 from: NS Publications PO Box 188 Ottawa Lake MI 49267
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