Majority Rule Guarantee of Democracy1
Swiss Bank Controversy: Who's Money Is It? It is hard to imagine having everything you ever owned taken away in a split second. Many Jews experienced this after the years of oppression by the Nazi regime. The Jews had everything stripped away: their families, their possessions, their futures, and their dignity. "I would give that money away for anybody. I should have had some relatives survive. I mean most of my friends, they had sisters, or cousins, or aunts or somebody to belong to. I had nobody," said Gizella Weisshaus (Jones 1996). It has been about fifty years now since the end of the Holocaust. Up until recent times, the survivors of the Holocaust have decided that they deserve their money that they put into the neutral Swiss bank accounts before the war. They did this to protect their assets from the Nazis. This then provides the controversy, fifty years later, do the Holocaust survivors and their families deserve the money back from the Swiss banks, or are the Swiss banks even responsible for paying back the money? The controversy first arose with Gizella Weisshaus, when she could not receive her father's money after the war ended because she did not know her father's bank account number. When she was a
The Swiss are very defensive with the allegations from the Jewish survivors. There is the Swiss view of that they acknowledge the disappearance of Holocaust victims bank accounts and they are trying to get to the bottom of the problem. The guard was granted citizenship after he told on the Swiss for what they have been doing to the documents. The Swiss position on this controversy is that they do not believe that they owe the unclaimed money to the Jewish survivors and their families, if there is not proper documentation to back up the claims. Her response was, "It made me angry that even now they claim they need five years to find these dormant accounts, as if fifty years wasn't enough" (Jones, 1996). They feel that the money is clearly theirs and they want it back. Yet, even more proof for the Holocaust victims. The US does not listen to the facts presented and is quick to point fingers of who is at fault. The United States claims that the Swiss took the money, and that the case is cut and dry. The view of the United States, who is standing up for the victims and are trying to help them recover their money. After the war, the documents that showed proof of accounts were destroyed and/or came up missing. That, therefore, is the reason why the banks are so hesitant to giving the money back to the survivors. The controversy should be resolved soon. They are also disappointed in the Swiss because they are giving the Holocaust victims a hassle when they try to recover their money. In conclusion, the controversy of the lost Swiss bank accounts has many different positions and opinions from countries and nationalities involved.
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