The Panacea-BOCAF division for education towards banking reform.


"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world—no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men." - Woodrow Wilson, reflecting on passage of the Federal Reserve Act. 


Please note- if any of the following educational videos have broken links, please put their title through Google video search to find the updated ones.


Plutocracy is rule by the wealthy, or power provided by wealth.In a plutocracy, the degree of economic inequality is high while the level of social mobility is low. This can apply to a multitude of government systems, as the key elements of plutocracy transcend and often occur concurrently with the features of those systems. The word plutocracy (Modern Greek: πλουτοκρατία - ploutokratia) is derived from the ancient Greek root ploutos, meaning wealth and kratein, meaning to rule or to govern. -Wikipedia


The present imbalance in the worlds financial system is not a new problem. By default these problems continue to reoccur, from the past to today.However the good news is that its possible to change ALL the flaws in the present banking system including: preventing the devaluing of currency or inflation, keeping the benefits in the local community and having security against big companies and bankers taking profits and reducing government or public debt. Even creating interest free and or fee free loans.


There have been many alternative banking systems to ours today which have already ensured this fact, some are still operating today.However the flaws in the banking system and alternative banking systems are not known by the "average Joe".


To "the average Joe" understanding the banking system might seem a little overwhelming, some may even think they understand how banks work, how money is created, bank lending and even debt function. However with the understanding of a few simple FACTS, it can be easily shown that what consensus reality perceive about the banking system is entirely the opposite.And that stability can only be achieved by a few pertinent reforms.Until then, the public will understand the opposite of how banks are presently causing their instability, and unnecessary think that they are powerless to change it.


Source - Collective-Thought


ideas below are one way to do this. It's certainly not the only way and not necessarily the best, but we believe that these reforms would be a massive improvement over the banking and monetary system we have today.



The fundamental facts of how money works, how the banks work and what financial systems have been a success over the current one have never been taught at any school or educational institution.It can be well established that the fractional reserve banking method means that recessions are inevitable in what is essentially a fraudulent system.


Perhaps one of the best short examples of what the general public do not understand about how banks create money can be found in Ben Dyson's positive money presentation.



This presentation gives clear answers to 3 Key Questions: Who creates money? How much money do they create? What do they do with the money they create?He shares some very interesting and profoundly important facts and shows how far the reality of banking is away from the text-book model of banking and which major implications the current system has on our lives.How do banks create money out of nothing? How do they create money as debt? Has money been privatised?it is recommend it as an educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system.


Very few people are aware of the inner workings of the Federal Reserve banking system, the historical workings of the world bankers - their influence - and related achievements. Their spurious influence has been recorded by political leaders like Abraham Lincoln and Kennedy who were assassinated while they held the high office of President of the United States. Both of these former presidents had also created their own money system (opposed to the federal reserve system) to run the united states while they were in office. Is this just a coincidence?


"On June 4th, 1963, President Kennedy signed a presidential document, called Exec­utive Order 11110, which further amended Executive Order 10289 of September 19th, 1951. This gave Kennedy, as President of the United States, legal clearance to create his own money to run the country, money that would belong to the people, an Interest and debt-free money. He had printed United States Notes, completely ignoring the Federal Reserve Notes from the private banks of the Federal Reserve." -Source


.On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the US government the power to issue currency, without going through the Federal Reserve.


Five short months later, President Kennedy was assassinated, and upon assuming office, newly sworn in President Lyndon Johnson recalled all of the US notes Kennedy had put into circulation and making President Ronald Reagan the next to challenge the power of the Federal Reserve, but which abruptly ended with his near assassination on March 30, 1981 by the hand of the crazed son of former CIA Director, and then Vice President, George Bush’s closest friends and oil business backer John Hinckley Sr.


The federal reserve despite its name is not government owned. The US Federal Reserve since its dubious creation in 1913 has had complete control over the printing of all money in what many detractors have long stated was in violation of the American Constitution.


"The Secret of Oz" trailer - How to Fix the 2010 Depression - Bill Still.


Virtually unknown to the American people about the Federal Reserve Bank is that it is comprised of 12 branches that are private corporations whose ownership is shrouded in secrecy and is the largest holder of United States debt said to be in excess of over $4 Trillion. Those in Australia or England are not excempt from the same American federal reserve system.


Australia's central bank (Reserve Bank Australia) admits that they are NOT government owned. At the end of the following video you will learn about a hidden Britannia banking past and how it all ties into the Australian "Commonwealth" banking goings on of today, all REALLY headed and owned by the foreign Rothschilds banksters. - Source.


The public perception of this federal reserve system is far from an accurate one.


The Federal Reserve Bank, a.k.a Federal Reserve System, is a Private Corporation. Black's Law Dictionary defines the "Federal Reserve System" as: "Network of twelve central banks to which most national banks belong and to which state chartered banks may belong. Membership rules require investment of stock and minimum reserves." Privately-owned banks own the stock of the FED. This was explained in more detail in the case of Lewis v. United States, Federal Reporter, 2nd Series, Vol. 680, Pages 1239, 1241 (1982), where the court said: "Each Federal Reserve Bank is a separate corporation owned by commercial banks in its region. The stock-holding commercial banks elect two thirds of each Bank's nine member board of directors".Source


Ron Paul "The Federal Reserve Is the Culprit!


Here is a brief introduction taken from the Zeitgeist II - Addendum (2008) research documentary.

Zeitgeist II - Addendum excert - Inflation and the Dollar's crash


G Edward Griffin - Creature From Jekyll Island A Second Look at the Federal Reserve


Another informative introductory video can be found here. This production has been created by the people in charge of Zeitgeist dot com, not-for-profit,in order to inspire the watchers of it to start looking at the world from a more critical perspective.


It is clear that opponents to the current system fall into two clear camps. Those that wish to return to gold backed currency and those that want fiat currency. There are others that want a mix and competing systems but the main divisions are the two.


Secret of Oz.


The foreign debt is the most concern, national debt is over $9.6 trillion,
$150,000 for each American. Also the savings deficit is created by individuals living beyond their means and accumulating personal debt instead of savings. -I.O.U.S.A. The power must reside in the government
issue and control its interest free debt free money, but also produce higher education at a young age about the I.O.U.S.A "consumercide" going on.


Bill Still's Channel


In 1996, Bill Still produced the highly acclaimed documentary, The MoneyMasters. It predicted the economic events that befall on all copuntries. This is now considered THE classic work on monetary reform. Nobel Prize winning economist Milton Friedman guided during the editing for this 3 hour 23 minute documentary and provides his endorsement of it.


Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and produced the syndicated radio program, Health News. He has written 22 books and two documentary videos.

If you are and advocate of the current monetary system you must understand HOW it works.
If you are and advocate of the gold standard you must understand HOW it works. Both systems have been run through history and what have the shown?


Fiat (the current system not backed by precious metals) and the gold standard. The simple facts are it has never mattered WHAT money is backed by, it has always mattered who controls the SUPPLY of money. It will surprise most people that the government can issue its own interest free and debt free money and has done so in the past. There is a lot of info extolling gold as the preferential basis for any money system rather than fiat money.


1. The gold based system has been used in the past in both Europe and America to oppress the population.

2. It the opinion of some that the powerful controllers of the money systems of the world are dearly hoping that the fiat currency will get the blame for our financial woes rather than the fact that the "who has control of the issue of currency" as the real problem. (I draw your attention the most famous of Rothchild quotes "Permit me to issue and control the money of a nation, and I care not who makes its laws." Mayer Amschel Rothschild, International Banker.)

3. It is clearly logical that for any government to make gold the backing of it's currency, it must have an already available and abundant access to gold at little or no further cost for it to exercise it's ability to happily expand and contract the money supply as appropriate.

4. Internationally, the Rothchild family reign supreme as the gold merchants of the world. It is by the Rothchild's decree that the international price of gold is daily set. (The Rothchild family are gold merchants without peer.)

5. The "green back" currency printed by Kennedy shortly prior to his death was backed by silver not gold because of the scarcity of gold and relative abundance of silver.

7. The original "green back" currency was highly successful being backed by nothing but the good word of President Lincoln and subsequent administrations until it's removal.


It takes a while to understand the real issues, not because they are difficult, but because we have already embraced so much poor or contradictory information already.It matters not, that the money is backed by anything other than the reliability of the money system. What might make money reliable in one place might not in another.To put it more simply, there is no need for anything to back money for it to work. Gold and silver has worked where people generally agree that gold and silver are valuable and reliable.


Do the native tribes of inland Papua New Guinea accept that gold is valuable? If they do not then gold is not useful as currency. If they agree that quartz pebbles are valuable then you might be able to exchange these for food or arrows. The issue at it's root is not what backs money but who controls it's production and supply?


Despite any one not being fond of government in any form a government that has the best interests of it's people at heart is quite tolerable. Such a government will establish a money system that is not fraught with a burden on it's people and if the government is strong and wise it will issue a currency that will completely benefit it's population and without any cost since there is no need for it.


Fiat currency where there is good government will not incur debt to it's people only benefit. Gold backed currency will definitely incur a cost because whoever controls the gold controls the currency ( enter Rothchilds). This would not be the case if we are talking about an already gold rich nation. We use and accept fiat currency now. It is created by the banking system at a cost to the tax payers and it is also charged at interest, a further cost. A total absurdity. If it were gold backed, nothing would change except that we might considerate it more valuable than before, but no other benefit can be conceived since now, whoever has the gold has the money also.JFK printed "Green Backs" backed by silver because he believed it needed to have some intrinsic value since it is really only paper.


Silver was more readily available than gold. He had already seen that there was a problem with "gold flight" as evidenced by his presidential campaign. However, people only need to accept a currency as valid in a widespread way in order for it to be valid and therefore sufficient and useful.Do you accept dollars for your pay? You do because you have confidence that when you go to buy your groceries, you will be able to exchange your money (just digits in a computer if you use EFTPOS) for meat, potatoes and peas. The systems works now because we all agree to it.


Bill Still's Channel


The problem we face right now is not the money itself but that it is controlled by selfish, ruthless, private interests who have used it for generations to enslave the countries of the world at exorbitant profit. Freedom, in western society, is defined by monetary wealth. If you can pay for it, you can have it.It is the prerogative of government/eldership to issue currency and no-one else. From the creators of the "The Secrets of Oz" (perhaps from a quote) the issuing of currency is the greatest creative activity of government. This has been usurped by the international bankers and employed completely at cost to the people.-secret of oz


Paul Grignon is an artist and a political and environmental activist. Most recently he has become known worldwide as the creator of the animated movies Money as Debt, and Money as Debt II: Promises Unleashed, which illuminate the workings of the Western monetary system now collapsing around us.


Paul Grignon


Money as Debt has been translated into at least 14 languages and pirated all over the Web. Money can enslave us or set us free, depending on the design of the money system. Paul will explain how the current system is our jailor, why the walls of the jail are now closing in and what we need to do in order to liberate money.  Money As Debt.


FIAT EMPIRE - Why the Federal Reserve Violates the U.S. Constitution


This Telly Award-winning documentary, which features presidential candidate RON PAUL, was inspired by the book, "The Creature From Jekyll Island" by author and FREEDOM FORCE founder, G. EDWARD GRIFFIN. 

Theft By Deception - Deciphering The Federal Income Tax


The misrepresentation and misapplication of the United States federal income tax constitutes the largest acquisition of wealth by way of all deception in historyA handful of government lawyers fabricated an intricate maze of legalese which created a perfectly constitutional tax (a tax on income derived from certain types of international and foreign commerce), but which at the same time could easily be misread to give the impression that the income of all Americans is subject to the tax. For decades, the American people have been "conditioned" to believe that the income tax applies to all income and trained to pay "their" taxes. 

All the while, however, hidden in a previously nearly universally misunderstood (therefore misapplied) section of the law known as Subchapter N, Section 861 was the truth that the income tax is NOT a direct tax on incomes but is an indirect tax imposed only on those individuals engaged in certain types of international and possessions commerce. 

Most Americans are engaged in purely domestic commerce (commerce that occurs entirely within and between the 50 states). Subchapter N proves that domestic income received by residents of the United States (most incomes) is not taxed, due to Constitutional restrictions on Congress' power to tax.

The truth about the Federal Reserve System

Are your $$$$ really worth anything? Have you ever wondered where money really comes from? The Federal reserve bank is not federal and does not have any reserves.


Monopoly Men (Federal Reserve Fraud) (1999)

The Federal Reserve, or the Fed as it is lovingly called, may be one of the most mysterious entities in modern American government.Created during Wilson's presidency to protect the economy in times of financial turmoil, its real business remains to be discovered. 

During the Wilson presidency, the U.S. government sanctions the creation of the Federal Reserve. Thought by many to be a government organization maintained to provide financial accountability in the event of a domestic depression, the actual business of the Fed is shrouded in secrecy.

Many Americans will be shocked to discover that the principle business of the Fed is to print money from nothing, lend it to the U.S. government and charge interest on these loans. Who keeps the interest? Good question. Find out as the connective tissue between this and other top-secret international organizations is explored and exposed.

Eustace Mullins presents: The World Order

Eustace Mullins argues that the Federal Reserve Act of 1913, drafted by German banker Paul Warburg and others in a secret meeting, defies Article 1, Section 8, Paragraph 5 of the US Constitution by creating a "central bank of issue" for the United States. Mullins goes on to claim that World War I, the Agricultural Depression of 1920, the Great Depression of 1929, and Adolf Hitler's rise to power were brought about by international banking interests in order to profit from conflict and economic instability. 

Ron Paul on Federal Reserve, banking and economy

John F. Kennedy vs the Federal Reserve
G Edward Griffin - Google Videos

 Eustace Mullins  - Google Videos

Without public awareness of its historical past, without public input or regulation put in place for the governing of its functioning, the Federal Reserve banking system has many possibilities, nay, opportunities, for covert, under the table operations. 

The lack of mandated regulation, including public audits, of their operations, leaves plenty of room for abusing the funds of the public. Panacea-BOCAF is about to present extensive research and facts which CONFIRM how the Federal Reserve banking system is not set up to benefit the public with the utmost monetary rewards. Panacea-BOCAF will also present the viable solution to reforming this activity and restoring the monetary system of the public.


The first object of Panacea-BOCAF must be to provide background information on the Federal Reserve. If you are not aware of these facts, it comes as no surprise, for this lack of information is deliberately encouraged by the people in charge of running the Federal Reserve scam.


The existence of them and their relations towards eachother are well documented, through historically recorded facts, which present an overwhelming body of evidence of the deliberate corruption of the monetary system, for the benefit of the people in charge, and spearheaded towards the loss of the general public. 


Some of the most important evidence disclosed on the inner workings of the Federal Reserve, and the world bankers, comes from Dr. Quigley. Dr. Quigley is a high-profile academic teacher and an associate of highprofile, rich, banking families. During the disclosures in his book Tragedy And Hope he identifies key elements and key figures who have been working with a shadow government, and whose secret records he has examined.


Even though Quigley has publicly disclosed the operations of spurious groups, he does not act against them and has support from them, however stating that they wish to remain unknown.In his awareness of the inner working, Dr. Quigley has disclosed, for instance: That during the past 200 years, whilst people have been gradually winning their political freedom from monarchies, the major banking families of the world have been nullifying the trend towards representative government by setting up new dynasties of political control.


This, however, has happened behind the scenes, taking the form of international combinations. These banking dynasties have comprehended, early on, that all governments, whether they be monarchies or democracies, must borrow money in times of need and emergency (as in cases of instigated wars) and, that, by providing such funds from their own private resources, with strings attached, they can gradually bring both kings and democratic leaders under their control.

Dr. Quigley believes people should be more familiar with these clever banking family dynasties. They include such names as:

Baring, Hambros, Lazard, Erlanger, Rothschild, Morgan, Fould, Warburg, Schroder, Selingman, Speyers, Mallet, Mirabaud and Rockefeller.

According to Dr. Quigley the families collaborating in these ventures simply have a passion for control others, and to subjugate human beings for their own selfish financial interests. Dr. Quigley identifies these groups as simply the international bankers. These are not the same commercial bankers that the general public deals with, for international bankers actually deal with the industrial giants of the world, international institutions, and especially with governments.

The key to their success has been the manipulation and controlling of the monetary system. This can be discovered in the Federal Reserve bank of the USA, which is actually privately owned. This organ lends money to the government, even being allowed to print money, the backing of which, by gold, it does not have. The net effect is to create money out of nothing (credit), lend it to the government and collect interest on it, which is what you pay taxes for. 


Note also that president John F. Kennedy was on his journey to abolish the Federal Reserve system when he was shot in the head.


The fraudulent system of banks creating credit and money from nothing, lending it to government or monarchies, then collecting interest has been in place for hundreds of years! The object of the operation is to make it appear as if it is government controlled and guided by the government - when actually the control rests in private hands. The Chase Morgan bank of Manhattan was used to finance a campaign that would grant them private franchise over the American money system - by the creation and putting into effect of the Federal Reserve Act.


This was created and sworn in on December 22, 1913.


-With it, total control over the nations money came into private hands -With it, the treasury prints what the Federal Reserve tells it to print!


-With it, the Federal Reserve is privately owned and beyond the reach of the American voter.


Technically the stocks of the Federal Reserve are owned by 12 international banks, run by the private banking dynasty families. The strategy is still in place to this very day, set down by the banking dynasties, for the creation of these net effects. This group has an organizational structure of other connected groups, which starts from the bankers, spanning to the United States CFR (Council of Foreign Relations), and for instance, the group identified as The Round Table.


Google Video -The Capitalist Conspiracy: An Inside View of International Banking 

The Capitalist Conspiracy-(you tube back up)


Total world government is their ultimate goal, or 'New World Order’, in order to control the masses - and the money of the masses.


Reference to Dr.Quigley’s book Tragedy and Hope



Reference: None Dare Call It Conspiracy, by Gary Allen. In its day (1970). A video summary of the above FACTS can be see here on google video. The Capitalist Conspiracy: An Inside View of International Banking by G. Edward.

To further verify these documented facts and evidence, Panacea highly recommend the following factual-based documentary special, entitled: The Money Masters - International Banking Cartel - You may find this at Google Video

Their ship is not unsinkable. Even though they masquerade as above the law, it is merely a front that they hide behind. They are not untouchable. During the watching of "The Money Masters", you will be presented with a lot of evidence, and also the easy solution. 


Panacea is intended to be a group dedicated to what probably is the most important cause of all. Peoples freedom. Many registered charities and agencies help with the starving, the homeless, the sick and the weak but none are dedicated to helping to eliminate the CAUSE of all these things, that being greed itself. Only the word greed is far too damaging to be used in business and political circles and so greed goes by a more silent and perhaps less threatening name of Economics.

Please read the following existensive research, provided by the various groups mentioned, on the left. Please read it carefully, and on these pages, at the end, a solution is clearly presented and understandably defined. 

It is an effective solution, presented by The Von Mises Institute. This solution, however, can only be put into effect, should the public supply AID, and sign the petition on the Von Mises page.

The following essential background is provided by The Money Masters (producers of the documentary), and presents facts, not speculation, to further justify the case for banking reform. 


Following the information provided by the Money Masters page - will be the research of Leslie Pastor, an article by Richard D. Eastman, and at the end is the solution proposed by Panacea-BOCAF through the Von Mises Institute. Please sign the petition on the Von Mises Institute page! Plus please visit the End the Fed web page.


Research Links


The Fall of America


HOW G. EDWARD GRIFFIN (AND NEW MOVIE) HAS MAINSTREAM MEDIA IN A PANIC. A NEWS STORY IN TEN PARTS Part 1/10 “Invasion of the Body Snatchers: Swine Flu, RFID, Striped Benjies and Big Brother” A write-up in ten parts on “The Fall of America and the Western World” November, 2009 - Jimmie Rivers




How the dollar being tied to gold compares to the dollar being tied to absolutely nothing. The following has been done by the "the real weekly news" to show how the gold has maintained it's value while the dollar has inflated enormously.- GOLD VS DOLLAR

Why Won't the Bail Out Work? -In only 7 minutes, this video explains, not only our financial system, but the magnitude of the financial coup! Please send far and wide, because it explains the whole thing so succinctly to anyone, whether they know anything about economics, or what side of the political fence they are on.


The Gig Is Up: Money, the Federal Reserve and You


Populist lawyer, Gary Fielder, presents “The Gig Is Up: Money, the Federal Reserve and You. Live from Wolfe Hall at The University of Colorado School of Law, on December 4, 2008, Mr. Fielder, a criminal and constitutional lawyer from Denver, Colorado, presents a power point and video presentation on the creation of money with an historical analysis of our current banking system. With quotes from Ben Franklin, Thomas Jefferson, Abe Lincoln, Ron Paul, Dennis Kucinich and many others, Fielder makes his case to abolish the Federal Reserve and return to a sound and honest money system. Fractional Reserve Banking. Currency. Amero. World Government. International Banking. Produced by Jack Creamer, Side 3 Studios, Denver, Colorado. Video edits by Jonathan Ellinoff. Technical Assistant, Rye Miller.


Martial law for the U.S

Dishonest money

Salbuchi - Global Financial Collapse

Hyperinflation Nation

Federal Reserve is a Ponzi scheme, an inside job

Trends research

Reality of Money - Edward Griffin


whiskey and gunpowder

Peter Schiff predicting back in 2006

What Is Up With Fiat Money? by Dmitry Chernikov







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