U.S. banking glitches and European taxes on accounts spook customers

News of the “tax” on bank accounts in the nation of Cyprus has raised questions of whether anything similar could ever happen here in the U.S.

Talk show host Alex Jones said in a video report Tuesday it not only could happen, it is likely to happen.

Jones has warned for years that the international banking “mafia” as he calls it would not hesitate to confiscate bank accounts in its insatiable quest to fund fake derivatives and dominate the world through poverty and control.

Banking customers in the Mediterranean nation of Cyprus are being expected to pay 10 percent tax on accounts over $100,000, or 6.75 per cent on smaller accounts, according to news reports.

"On Saturday the Cypriot government agreed to raise the €5.8 billion ($7.5 billion) needed to secure a €15.8 billion financial rescue from the International Monetary Fund, the European Central Bank and the European Commission, known collectively as the troika," the International Business Times reported.

The Associated Press reported the nation is also calling for a delay in voting on seizing money from accounts.

On Monday here in the U.S., Chase bank blamed a glitch for showing that millions of customer online and mobile banking accounts had zero balances for two-and-a-half hours.

“There’s no way this was a glitch because those systems are on separate systems,” said Jones. “The systems are broken up into regions just like Google and YouTube and others do. It’s not all on one server or one system.”

Jones called it “undoubtedly some sort of trial balloon test, just like they’re testing and getting the public ready for it in Cyprus. Now they’re talking about 15 percent out of all the Italians’ bank accounts and then moving onto other European countries.”

All of it points to a deepening of the global economic crisis.

"What happened in Europe today is yet further proof that nothing they’ve done has fixed the underlying fundamental issues surrounding the events that led to the crash of 2008," wrote Mac Slavo on SHTF.com.

Jones said he hopes he is wrong and a glitch did make the accounts say zero. Even if it is, it only shows the system is a fraud, he said.

“That’s why the cashless society is such a fraud,” said Jones. “The globalists can take your money out of your account, they can charge you more to use your money, they can track everything you’re doing. The cashless society is an abomination and we’ve got to do everything we can to be diversified and not just in the cashless society.”

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, Alex Jones Examiner

Teri Webster has worked in New York, Las Vegas, suburban Los Angeles and Dallas-Fort Worth as a newspaper staff writer. She also is a freelance journalist and copywriter. In addition to writing, Webster is a digital artist. She earned a B.A. in English Literature/journalism from the State...

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