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Majority Rule Guarantee of Democracy

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


They believe that what the Swiss did was wrong in destroying the records, and playing dumb to the whole incident is inexcusable, but the Jews are willing to let bygones be bygones if the Swiss return the money. young girl, her father had been taken away to the concentration camps. The US does not listen to the facts presented and is quick to point fingers of who is at fault. The view of the United States, who is standing up for the victims and are trying to help them recover their money. Yet, even more proof for the Holocaust victims. Over all, there are many viewpoints and opinions over these issues neither of which are either right or wrong. Working along side the US officials are officials from other countries including England and Germany. As he was being taken away, he mentioned to her that he had put money away in a Swiss Bank account and that she should go and claim it when the war ended. The United States took the position that if the money belonged to the victims of the Holocaust, the money then should be returned back to them, regardless if the claim is made one or fifty years later. After the war, the documents that showed proof of accounts were destroyed and/or came up missing. "Switzerland does not provide for the government to receive the unclaimed property of those who have died with out leaving a will or heirs. The Swiss are examining the situation and are unable to conclude what happened to the money in the accounts and where the money went. Next is the position of the United States. They are examining all of the allegations and are determined to get to the bottom of the problem (Defrago, 1997). They are working with the Jewish, British, German, and United States officials in recovering information and documents that would exonerate or prove corruption of the Swiss accounts.

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