  The methodology used here might provide a neat method of examining paradoxes
and ways to circumvent them. Most of the known set theoretic paradoxes
(Russell's, Cantor's, Burali-Forti's,..) can be paralleled here and examined.
This account will shed the light on a particular application of this method
that appears to elude paradoxes; an application that have shortcomings that
will be illustrated here and suggestions to solutions are proposed. First I'll
present the exposition of the theory, and then speak about its background and
the aims behind it and how it can extend our knowledge of overcoming paradoxes.
