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Exploiting the Holocaust.(reparations)(Brief Article)

The American Enterprise

| January 01, 2001 | WOOSTER, MARTIN MORSE | COPYRIGHT 2001 The American Enterprise, a national magazine of politics, business and culture (TEAmag.com). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Gabriel Schoenfeld, "Holocaust Reparations--A Growing Scandal," in Commentary (September 2000), 165 East 56th Street, New York, New York 10022.

Controversy rages over how much money insurance companies, Swiss bankers, and Western governments should pay survivors of the Holocaust. Commentary senior editor Schoenfeld believes this fight will end up doing Jews more harm than good.

As early as 1951, West Germany began to restore property seized during the war and provide pensions to victims of Nazi tyranny. Over the years, West Germany paid $55 billion to 4 million Holocaust survivors as well as to the state of Israel. But East Germany claimed Jews were victims of Nazism, not of Germany. It paid Holocaust survivors nothing.

The collapse of Communism and the reunification of Germany opened the gates to tens of thousands of claimants, who gradually have been compensated by Germany or Eastern European nations. But American trial lawyers see Holocaust victims as a new source of wealth. From 1945 to 1995, fewer than 10 class-action lawsuits were filed by Holocaust survivors; in the past five ...

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