GTU Press

Task

Current Publications

Roger C. Elletson, Money: A Medium of Power (1998)

Reviews:

James L. Green
R.D. Distelhorst

Excerpts:

Contents
Chapter I The Emerging Awareness
Chapter II Economics and the Exchange-Paradigm of Money
Chapter III Money-A Medium of Power
Chapter VI The Tentacles of Monetary Power
Chapter VII International Trade and the Plunder of America and the West

PARAPOMETRICS®-Journal of the International Parapometrics Institute

Earlier Publications
Pending Publications
Pending Journals

Task

The task of GTU Press is to provide whatever publications are called for by the University's courses and curricula. In providing these materials GTU Press bears the responsibility of publishing many works that have been deliberately ignored under the nation's current educational regime because they might in some direct or indirect way have exposed the role and agendas of the Money Power.

Current Publications

The core publications to be published by GTU Press are the seminal works of Roger C. Elletson, the University's Founder and Chancellor. These works are identified under Pending Publications below.  The first works formally published are:

  1. Money: A Medium of Power (1998).
  2. PARAPOMETRICS®-Journal of the International Parapometrics Institute (Vol. 1, 1998).

Review: Money: A Medium of Power. By Roger C. Elletson. Jackson, WY: Grand Teton University Press, 1998. 292 pp. $26.00. To order this book directly from GTU Press by check, click here.

money.JPG (25230 bytes)
Money: A Medium of Power

JAMES L. GREEN is Professor Emeritus of Economics, University of Georgia. He served on the faculties of the Universities of Idaho and Minnesota, Southern Methodist University, and the Institute of Technology of the United States Air Force. He served as a business and economic consultant, and as an economic and financial advisor to the Minister of Finance, Columbia, South America.

MY ASSOCIATION with Roger Elletson has been tempered with humor, with frustration and sharp intellectual discord. With a first and cursory reading of an early manuscript, I took umbrage at Elletson's dismissal of economic doctrine as pseudology. After all, I had spent my adult life teaching economics at the university level from Economics 101 to Doctoral seminars. I spent years consulting with business and governments researching and applying economic discipline to an extraordinary range and variety of problems. In truth, economics is my life.

With this said, it took studied perseverance for me to gain insight to Elletson's thesis. Elletson disparages the classical notion of the neutrality of money in the framework of exchange. He dismantles traditional economic theory in such areas as the allocation of resources, their combination and intensity of utilization in the production process and the subsequent distribution of income and wealth created. In his alternative paradigm, Elletson shows that money is a medium of power rather than exchange and establishes the MONEY POWER as the prime economic mover governing the economic function.

By one definition, economics is "The Study of Money." This in itself tells the reader that Elletson's MONEY is a critique of economic doctrine. Economics underpins and interprets the most basic aspects of human existence. In essence, economics is the Mother Science. Instead of viewing money as a neutral facilitator of exchange, money becomes the catalyst, the fuel and the lubrication of the organic economic paradigm. Yet, as Elletson makes clear, money is almost totally misunderstood by the millions who work, save, spend and invest. The social significance of money goes far beyond its function as a medium of exchange. This is Elletson's thesis, as he offers us a new and broadened paradigm of money as a medium of power.

Elletson provides an excellent critique of the view of traditional economics that money is a medium of exchange. This age-old classical paradigm no longer encompasses today's economic reality. However, Elletson acknowledges that while the classical paradigm is filled with anomalies, it retains basic analytical attributes. His stated purpose is to develop and offer a modern update-a paradigm that establishes money primarily as a medium of power and only secondarily as a medium of exchange. In developing this new paradigm, Elletson coins the term Parapometrics to describe the science of power and provide the conceptual foundation for viewing money as a medium of power. With the revelations of the power-paradigm of monetary understanding, the study of economics (money) becomes less of a pseudology. Economics is harnessed instead to accurately describe the realities of money as a instrument of power that can be mobilized as an integral and operative aspect in implementing organically regenerative economic policies and performance, rather than being controlled to attain the agendas of the Money Power.

The power of bankers to create money (credit) out of nothing through bookkeeping entries leads Elletson deep into the lore of banks and banking. His incisive delineation of the money creation process includes an enlightening excursion into usury and interest, the money supply and the concepts of primary and secondary debt. He clearly pinpoints usury as the engine of inflation and discusses forthrightly the debt money system, inflation and the "debt-generator" that causes prices to rise independently of the money supply.

Elletson writes extensively on the functions of money and on what he terms, in a generic sense, a regenerative economic process. He describes the foundations of an organic monetary system designed to maximize the wealth and living standards of all economic participants while enhancing the regeneration of both economic resources and the production and distribution processes involved in the generation of real wealth.

In describing an organic monetary system Elletson suggests balancing the quantity of money with technological advances and market growth. He advocates price stability and wealth accumulation by individuals to enhance the well-being of all.

Money is as common as salt throughout global markets. At a young age, individuals learn the power of money to satisfy needs. People spend the best part of their lives in the quest for money. Money also builds empires and civilizations. Many household names in America-Rockefeller, Ford, DuPont, Perot, Gates, et al, establish the power of money to meet economic, social and political needs while building our great nation. This is a given.

Any review of Elletson's work must purview the competence and scope of his scholarship. His meshing of the several social sciences as part and parcel of the all-encompassing money question is masterfully accomplished in his theoretical framework and in his critique, in my terms, of "The Way the World Works." I find no fault in his research or his methodology. I do reserve judgment regarding how the money question can best be solved in his organic economy. This clarification can come in later publications which we can be sure will follow.

Elletson dedicates his work "To pragmatism in the Western Academy, and in the emerging global economy." Within the context of his critique, Elletson dismantles the disingenuous arguments supporting the debt-based money/credit system, commercial banking, central banks, international finance, global trade and economic development. Throughout his dissertation, the MONEY POWER is seen as the moving force.

In developing his paradigm, Elletson challenges academic scholars as well as more pragmatic business executives to grasp the tenuous underpinnings of debt-based credit and the ravages imposed by usury. Pragmatism will most surely lead, guide and transform money as a measure of value from a manipulated, debt-based creation, to an organic measure with stability.

This is a scholarly work, well researched and impeccably written. Elletson's study is compelling for academic scholars and business and political readers alike. Academicians should welcome and respond to Elletson's challenge. Elletson adeptly harmonizes the theoretical with the pragmatic. Business and political leaders will quickly grasp how the power of money contributes to global economic relationships and performance. They will necessarily exercise leadership as monetary and economic market forces join hands in a dynamic global economy.

THIS IS A CHALLENGING READ.

Money: A Medium of Power. By Roger C. Elletson. Jackson, WY: Grand Teton University Press, 1998. 292 pp. $26.00.

Review by R.D. Distelhorst

R.D. Distelhorst is a Monetary Scholar

IF YOU HAVE EVER wondered where the real power is in this world, this is a must read book for you. It should be required reading in every economics and government classroom. The power of debt money and its implications in all areas of our society is well explained and copiously documented and footnoted. Since we all depend on money to live in this world, we should all understand where it comes from and who benefits and who loses. Take the time to read Money: A Medium of Power and you'll understand, perhaps for the first time, why the debts of our country and the entire world constantly grow larger, plus you will learn what can be done to reverse the process.

As you read, it becomes apparent that debt-money, which is what all money in the world now is, creates its own inflation and why all banking institutions are in a never ending race to create more and more debt. You'll also learn why an inability to create more debt inevitably leads to inflation. The current crisis in Asia and the accompanying concerns about deflation are a good example.

You will also learn the difference between primary and secondary debt, why any interest charge on primary debt is usurious. The unbelievable power of compound interest on primary debt and why this causes a perpetual deficiency in purchasing power is well explained. Once again, you can see the results of a deficiency of purchasing power in the current Asian crisis.

After reading Money: A Medium of Power you will, perhaps for the first time, see clearly the overwhelming power and control held by a privately owned banking system with the power to create and control the money supply of our nation and the world. You will also learn why it is imperative that our nation change to what the author calls an "organic" monetary system. Our Founding Fathers led the way. Article I, Section 8, Clause 5 of the United States Constitution states that Congress shall have the power "to coin money and regulate the value thereof, and of foreign coin." Our own Constitution points the way, and this book provides the detailed road map on why we should go that direction and how to get there. If you care about the future of your children and grandchildren, and the future of this great country, read this book. The way to a better world and a better life for all is inside its covers.

Excerpts from Money: A Medium of Power

TABLE OF CONTENTS

Preface

 

xv
Part One
Transforming the Understanding of Money

 

Introduction 

 

3
Chapter I The Emerging Awareness 

 

11
The Rise of the Information Age 11
The Great Contradictions 12
Economics and the End of the Old Ideologies 13
The Hierarchy of Financial Power 14

The Apex of the "Money Power"

15
The Crisis of Economics

 

15
Chapter II Economics and the Exchange-Paradigm of Money

 

17
Paradigm Transformations 17
The Proliferation of Anomalies 20

Where is the Short?

21
Paradigm Crises 22

The Desperate Dilemma

23

The Pseudology of Economics

24

Business Communities, the Money Power, and the Crisis of Economics

25
The New Paradigms of Organic and Parasitic 27

Monetary Law, and Parapometrics- the Science of Power

27
The Transition from the Exchange-Paradigm to the Power-Paradigm of Money 27
The Transition from Economics to Parapometrics 27
The Primary and Secondary Functions of Money 27
The Federal Reserve and the Creation of Money 32
Usury and Interest and the Creation of Primary and Secondary Debt 34
Usury-the Primary Engine of Inflation 36

The Role of Government Finance

39

Government as Agent of the Money Power 

41

Taxation and Predation 

42
The Traditional Factors of Production 42
Primary Debt and Usury-the Hidden Factor of Predation 43

The Role of Compound Interest

44
Usury and the Predation of National Assets 45
Usury and the Bankers' "Business Cycles" 46
Usury, Interest and the Creation of Real Wealth 48

Wealth and Debt 

48

The Role of Labor

48
Organic and Parasitic Monetary Law - the Hidden Dichotomy of Monetary Law 49
Regenerative and Non-Regenerative Structures of Demand 51
The Numerical and Labor Theories of Value 54

The Labor Theory of Value

55

The Numerical Essence of Value 

56

Value, Exchange and Power 

57
Parapometrics and the Monetary Realities of Gold 58

 

58
Part Two
The Conduct and Institutions of the Money Power

 

Chapter IV The Realities of Banking and Finance

 

65
What is a Banker? 65
What Is Banking's Pedigree?  66
What are the Political Realities of Banking? 67
The Power of the Compounding Deficit 67
The Money Power and the Internal Revenue Service 70
The Money Power and the Internal Revenue Code 71
Multinational Corporations, the Money Power, and the Process of Financial Predation 72

The Role of Multinational Corporations

73

Corporations Succumb to the Money Power

74

The Role of Propaganda

 

76
Chapter V The Plight of Financial Institutions under a Parasitic Monetary System

 

78
The Insurance Industry 78
The Savings and Loan Industry 80
The Commercial Banks 82

Financial Derivatives

85
The Pension Funds 89
Summary

 

92
Part Three
The Money Power and the Crisis of Western Civilization

 

Chapter VI The Tentacles of Monetary Power

 

95
Monetary Power and the Global Control of Resource Allocation and Demographic Migrations 95

The Power of the Megalopolis

96

The Traditional Paradigm of Development and the Destruction of Agriculture

97

The Dilemma of "Sustainable Development"

100

Organically Regenerative Development 

102
The Global Holocaust of Usury 103

Lifting the Propaganda Curtain

103

The Triumph of the Market 

104

The Atomization of Society

104

The Disintegration of the Nation-State

105

The Rise of Organized Crime

106

The Privatization of the State

106
The Fictitious Dichotomy of Compulsion 107
Usury and the Lie as the Foundation of the Law 107

The Collapse of Morality

108

The Source of Social Unrest

109

The Refuge of the Common Law 

109

The Attack on the Trial by Jury

110
Usury-the Primary Determinant of Preorganic History  111

The Secondary Determinant of International Trade

111
Liberalism-The Philosophy of Usury 111

The Fate of Western Education 

114
Philosophical Veritism versus Deceptionism   114
Democracy-The Politics of Usury and the Power of Plutocracy  115
The Money Power, "Multiculturalism," and the Crisis of the Western Academy  116
The Money Power and the Co-option of Theology   119
The Primary and Secondary Levels of Theology   120
Genesis and the First Recorded "Business Cycle"  122

Plenipotentiary of Pharaoh and Agent of International Finance

123

Monetary Power and Food Control

123

Monetary Power and Population Control

125
Theological Veritism versus Deceptionism   125
The Advent of Organic Theology and Law 

 

126
Chapter VII International Trade and the Plunder of America and the West 

 

127
Exports and Imports as Weapons of War  127
The Manipulation of International Trade Agreements  128

The World Trade Organization 

129
The Transfer of Western Technology  130
The "Balance of Power"  131
The Military Dismemberment of the United States 133
The Escalating Trade Deficit  133
Summary

 

134
Part Four
The Transcending Power of Organic Monetary Law

 

Chapter VIII Transforming the Sovereignty of Ideas

 

137
The Historical Foundations of Organic Monetary Law 137

"Honest Money" Advocates

137

The Resolution of the Money Question

138

The Resolution of the Civilization Question

139
The Paradigm Transition from "Honest Money" to Organic Monetary Law 139

The Sovereignty Proposal 

140
The End of the Old Dispensation  141

The End of the Age of Pseudology

141

The New Intellectual Luddites

142

The Onslaught Against the Welfare State

142

The Global Market and the Decimation of Employment

144

The "Losers" and "Left-behinds" 

145

The Lessons of Slavery

145

The Hazard Circular

146

The Observations of Horace Greeley

147

The Welfare of Capital

148
The Beginning of the New Dispensation 148
Organic Law and the Legal Foundations of the United States Constitution 149
The Monetary Emancipation of Western Civilization 151
The Organic Foundations for the Production and Distribution of Real Wealth 151

The End of Economic Anomalies

152

The End of the Deficit of Purchasing Power and the Problem of Surplus Production

152

The Decline of Income Inequality

154

The Transformation of Economic Growth and Technological Change

155

The Cycle of Population Growth

156
Organic International Trade and the Regeneration of Western Civilization 157
Money-The Servant and not the Master of Humanity 158
The Organic Succession to the Primary Parameters of Intellect

 

158
Chapter IX The Regeneration of Western Civilization

 

160
The Emergence of the Organic Society 160

The Metamorphosis of Economic Rationality

161

The Recognition of Natural and Environmental Capital

161

The Dethronement of International Trade

161

The Transformation of Business and Finance

162

The Transformation of Politics

162

The Twilight of Democracy and the Dawn of Ethnocracy

162

The Evolving Idea of Citizenship

163

The Reformation of Capitalism

164

The Monetary Manifesto 

164

The Evolution of Nationalism

165

The Rise of Organicism and Civilizationalism

166
The New Enlightenment and the Transformation of the Western Academy 167

The Organic Philosophy of Education

167
The End of the Innocence of Western Man 168
The New Western Imperative and the Regeneration of Western Civilization

 

168
Part Five
The Power-Paradigm of Money and the Transition to an Organic Monetary System

 

Chapter X The Conceptual Foundations of an Organic Monetary System

 

173
The Conceptual Foundations of an Organic Monetary System 174
The Conceptual Foundations of an Organic International Trading System 177

The Effects of the Primacy of Imports and Exports

180
The Concepts of Economic, Trading, Demographic and Cultural Distortion

 

181
Chapter XI The Transition to an Organic Monetary System

 

184
The Academic Imperative 184
The Transition to an Organic Monetary System 185

The Treasury, Federal Reserve and Commercial Banks

186

The Organic Transformation of Generally Accepted Accounting Principles

189

Regenerative Organic Disclosure

190

Sources of Funds

191

Uses of Funds

191

Assets

192

Liabilities

192

The Organic Transformation of Accounting, Economic and Financial Education

192
The Encompassing Parameters of an Organic Monetary System 193
The Transition to an Organic International Trading System 195
The Political Imperative

 

197
Conclusion 199
Appendix The Power of Compound Interest 201
Notes 205
References 247
Index 254
Acknowledgments 266
About the Author 267

Money: A Medium of Power - Excerpts from Selective Chapters

I
THE EMERGING AWARENESS

Today, the world stands at another turning point in history, the threshold of a new age. This turning point, however, will be the most significant that the world has ever addressed, or ever will address. Not only does it mark the transition from the industrial to the information age, it marks, as well, the beginning of the epochal transformation of jurisprudential sovereignty_the end of the millennial foundations of preorganic law and the transformation to the jurisprudential foundations of organic law.

II
ECONOMICS AND THE EXCHANGE-PARADIGM OF MONEY

The study of money traditionally falls under the general umbrella of economics and is typically addressed with the study of the banking system. Any shortcomings in the academic treatment of money, therefore, must reflect as well on the intellectual integrity of the entire social science of economics.

Traditional discussions on the subject of money explicitly or implicitly assume that money is a medium of exchange. Like few other concepts in history, this concept has faithfully served to deceive the world and must rank as one of the greatest propaganda achievements of all time.

Parapometrics and organic law reveal money as a medium of power-a medium of allocation, appropriation and control. This simple revelation transcends all acknowledged monetary understanding thus far in history. Its insights must transform the economic, philosophical, theological and jurisprudential foundations of the Western World. But before one can discern and appreciate those insights, one must go through the difficult process of paradigm transformation.

III
MONEY-A MEDIUM OF POWER

All human understanding requires a grasp of the power parameters of money; this is the essence of wisdom in the biblical sense of the word. The task of comprehending the realities and ramifications of money is not easy. Its rewards and insights, however, are unparalleled in their illumination and theological in their expanse.

The first step in laying an appropriate foundation to understand the power parameters of money is to analyze the conceptual essence of money and how money is actually controlled. The parapometric essence of money is not difficult to grasp. What requires some thought, however, is plowing through the layers of propaganda that conceal the essence of money. As history so eloquently testifies, prior to the creations of organic, parasitic and parapometric law, any fruitful study of the realities and power of money was an extremely difficult task.

The Primary and Secondary Functions of Money

On commencing the study of money, the basic question to be asked is: What is money? It is a debt, payable on demand, owed by a national sovereign to the holder. In the final analysis, it is a legal concept-an idea.

What are the functions of money? The traditionally recognized functions of money are those of a medium of exchange, a unit of account and a store or measure of value. Parapometrics, however, shows these to be the secondary rather than the primary functions of money and shows, as well, that whatever insights these secondary functions convey, their main objective is to deflect academic scrutiny away from any consideration of the monetary power and agendas of the international banking establishment. In reality, the primary function of money is that of a medium of power: more specifically, a medium of allocation, appropriation, and control.

VI
The Tentacles of Monetary Power

There was a time, not that long ago, when the world was believed to be flat and that view was endorsed by the highest civil and religious authorities of the Western World. Today, Western Man can only look back and marvel that his forebears could ever have been so misinformed on a matter that today is so patently obvious-the world is round. Precisely the same level of ignorance, however, applies to Western Man today with the concept and realities of money. And while the religious potentates of the past had the vested interests to perpetuate the ignorance of their eras, today the perpetrators of that crime are the propagandists of the Money Power. Future generations will marvel that Western Man could reach the third millennium still tethered to the belief that money is a medium of exchange.

Money is a medium of power. The ramifications of monetary power implicitly or explicitly reverberate through every aspect of productive endeavor, every form of political structure, every facet of philosophy and every expression of theology. The paradigm transformation from the exchange to the power paradigm of monetary understanding is thus the indispensable prerequisite for all understanding.

VII
International Trade and the Plunder of America and the West

Monetary law and international trade are the backbone of international financial power. Each supplements the other. The debt-money laws of usury take their toll by compounding both the domestic and foreign debts of nations, thereby impoverishing the middle and laboring classes and co-opting the power of law to allow the rich to get ever richer. Maximized foreign trade and complementary treaties distort the organically regenerative production and distribution of real wealth. Foreign exchange rates, the directions of trade and the size of trade deficits or surpluses are manipulated to enhance the profits and power of international finance.

Excerpts from: PARAPOMETRICS®-Journal of the International Parapometrics Institute
To order this book directly from GTU Press by check, click here.

Volume 1, Number 1, Spring/Summer 1998.  Editor Roger C. Elletson.  Jackson WY: Grand Teton University Press, 1998.

pap.JPG (18555 bytes)
PARARPOMETRICS® -Journal of the International Parapometrics Institute

 

Table of Contents

Editorial Statement vii
Preface  xiii

Essays

Paradigm Transformations and the Science of Power 1
Roger C. Elletson

Paradigms play a central role in the perceptual process. The existence of anomalies is an integral part of the study of paradigms as is the inevitable transformation of paradigms in the face of excessive anomalies. The command of appropriate paradigms determines the axis of power, not only intellectually and politically, but, above all, monetarily. The transformation from traditional paradigms like economics, to the Parapometrics methodology, the science of power, will be the most profound and tumultuous that history has ever witnessed.

 

The Crisis of the Western Academy 7
Roger C. Elletson

As the deteriorating conditions and social breakdown of American and Western Society have continued, the Western Academy has abdicated its responsibilities to address these developments. The mainstream academy has taken up instead the Money Power's causes of deceptionism, globalization, anti-Westernism, anti- Christianism and the crusade for "multiculturalism." The timorous response of the Western Academy is in part the result of its affliction with monetary benightedness but, more importantly, it reflects its paralysis from the constraints of preorganic conceptual paradigms. The transforming effects of organic law and the science of power on the foundations of the civilizational debate illustrate how these intellectual breakthroughs now enable the salvation rather than the destruction of Western Civilization and the Western academic tradition.

 

The Intellectual Foundations of Parapometrics 16
Roger C. Elletson

The foundations of the Parapometrics methodology are anchored in the thoughts of the great minds of the Western philosophical and theological traditions. On the philosophical front Parapometrics rests on the bedrock of ideas that erupted into the world with Friedrich Nietzsche and confounded the egalitarian pseudologies of Karl Marx. Those ideas were molded by Oswald Spengler into the organic view of history, and finally transformed by Francis Yockey into the Western Imperium. The revelations of power leavened all these insights with the power-paradigm rather than the exchange- paradigm of monetary understanding to transform the idea of the Western Imperium from vision to reality. The theological foundations of Parapometrics are traced to the conceptual foundations of organic theology and law and the foundations of the New Covenant of Christ Jesus.

 

Congressman Charles Lindbergh, Sr., the American Civil War, and the Federal Reserve Act of 1913 52
John Remington Graham

This is a salute to a great American from Minnesota who not only wrestled with the academic dimensions of money but who confronted the Money Power in the trenches of electoral politics and the battlefronts of legislative agendas during five terms in Congress. While everyone has heard of his famous son, today few have heard of "Old Charlie" Lindbergh who has been conveniently dropped from the popular history of his state. Lindbergh saw through both the traditional theories of the Civil War, the "Battle Hymn of the Republic" theory claiming that the war was fought to save the Union and free the slaves and the "Damnyankee" theory blaming the war on the garish hypocrisy of the people above the River Ohio and the Mason-Dixon Line. He recognized that the Civil War was actually fought over banking and currency between people who thought they fought over slavery or secession. Like few others, he understood the concentration of power and the ominous realities behind the Federal Reserve Act of 1913.

 

Congressman Louis McFadden, the Stock Market Crash of 1929, and the Origins of the Second World War 61
John Remington Graham

This is a salute to another great American who confronted the Money Power when others could only cower in abject submission. McFadden emerged on the political scene in the fall of 1914 after the passage of the Federal Reserve Act and the start of the First World War. He understood that the Federal Reserve System was privately-owned and the result of a secret conclave of Wall Street bankers who met four years earlier at Jekyll Island to craft the initial draft of what was to become the Federal Reserve Act. His life became a crusade against the corruptness of that System and the conduct and agendas of international finance. He understood how the central bankers of both England and the United States manipulated the stock market crash of October, 1929 and then caused the ensuing depression. He grasped how the enormous debts imposed upon a prostrate Germany under the Versailles Treaty were instrumental in precipitating the Second World War. Like Charles Lindbergh, McFadden's name has been quietly dropped from the popular history of the period.

Reviews

Money: A Medium of Power James L. Green 87

Roger Elletson's seminal thoughts on money, economics and the Money Power, and his dismantling of the disingenuous arguments supporting the debt-based money/credit system, commercial banking, Central banks, international finance, global trade and economic development.

The articles in PARAPOMETRICS® reflect a broad hospitality extended to ideas supportive of the regeneration rather than the destruction of the United States and the nations of Western Civilization. It is a hospitality, however, extended only to the prerequisite level of scholarship. It is a hospitality reserved for those ideas leavened with the insights of the power-paradigm of monetary awareness and the responsibilities of organic government and law. It is a hospitality saved for ideas graced with profound perception, or illumined by the higher reaches of the Western Soul. It is a hospitality to be savored by the intellectual vanguard of organic theology and law, those proclaiming the end of the preorganic and the beginning of the organic era of human history.

THE EDITOR

Excerpts from Selective Essays

Editorial Statement

PARAPOMETRICS® IS THE JOURNAL of the International Parapometrics Institute of Grand Teton University. This is a seminal publication. It marks a groundbreaking transformation in the foundations of scholarly discourse.

The etymology of Parapometrics

The first task of the reader will be to confront and assimilate a new concept and a new word; the concept of power and the word Parapometrics, a word used both as the title of this journal and in the context of the Parapometrics methodology, the science of power. Some background on the formulation and etymology of Parapometrics is thus in order.

The realization that money is a medium of power rather than exchange

Parapometrics was born of necessity. It was conceived to provide the conceptual tool necessary for the resolution of the money and civilization questions, a task that required the formulation of a completely new paradigm through which to analyze the concepts and data addressed by the traditional paradigm of economics. And central to the new paradigm had to be the revelation that money is a medium of power rather than exchange. Power, therefore, had to provide the axis around which the new paradigm revolved. This new paradigm also needed to transform the study of power, from being an arcane political art always carefully concealed from the profane, into an openly acknowledged, and quantifiable science. It had to be conceptually all-encompassing as well, capable of describing every facet of power covered in the full spectrum of traditional academic disciplines. The word Parapometrics was formulated to meet this requirement.

The syllabic formulation of Parapometrics follows that of econometrics, its counterpart in economics defined as "the application of statistical methods to the study of economic data and problems." Parapometrics thus shares the same stem, "metrics," with econometrics. This signifies that the study of power also involves the "art, process or science of measuring" and is an effective analytical tool under the accepted principles of the scientific methodology. The conceptual and practical scope of Parapometrics, however, transcends that of econometrics. To the insights of econometrics it infuses the revelations of power to allow the sophistries of economics to be transformed into the verities of Parapometrics.

Parapometrics measures the parameters of power embodied in the concepts and data of economics

Parapometrics measures the parameters of power embodied in the concepts and data of economics. It is distilled from the words "po(wer)" and "metrics." Rather than being "powermetrics," however, the second syllable of power was dropped for simplicity and cadence leaving "pometrics." The prefix "para" was then added to show that considerations of power stand alongside, that is to say, they parallel and accompany, and are closely and inextricably related to traditional intellectual disciplines and academic paradigms, particularly those of economics and econometrics. The result was the creation of the completed word "Parapometrics," formulated to signify the science of power and used as the name of this journal.

PARAPOMETRICS® has been launched to provide a voice for the seminal revelations of organic law and the Parapometrics methodology, the science of power. This journal will supply an important instrument in leading what will certainly prove to be one of the greatest intellectual transformations of all time-from the preorganic to the organic era of human understanding and history. And you, the reader, will be the most influential part of this transformation.

The Parapometrics methodology was forged in the intellectual crucible of power

The Parapometrics methodology was conceived at the close of the second millennium in the intellectual chaos of the bankrupt social science paradigms of the Western Academy. It was illumined with the revelations of organic law and forged in the intellectual crucible of power. While the revelations of Parapometrics will revolutionize every social science and transform such traditional academic disciplines as philosophy, theology and law, it is economics, the creation of the Money Power and the self-serving pseudology of international finance, that must be the first casualty.

Economics obscures the predatory effects of usury and deflects academic scrutiny away from any appreciation of the clandestine agendas of international finance

Economics provides the conceptual facade required to nurture and legitimize the myth that money is a medium of exchange. It is economics that supplies the intellectual veneer to conceal the fact that money is a medium of power and mask the realities of international trade as a tool to attain the global objectives of the Money Power. It is economics that obscures the predatory effects of usury and deflects academic scrutiny away from any appreciation of the clandestine agendas of international finance. And it is the dereliction of the Western Academy's duty to address these fundamental aspects of economics that has festered over time, discredited the entire discipline of economics, and brought the foundations of American and Western higher education to a point of crisis that reflects the crisis of Western Civilization itself.

The crisis of American and Western higher education reflects the crisis of Western Civilization itself

In recent decades this crisis has escalated and left the American and Western Academies profoundly compromised. It is a crisis long in the making and ultimately spawned by the mandates of academic deceptionism imposed on the Western Academy by the Money Power through deceptive academic paradigms, primarily in the social sciences. It is a crisis reflected in the escalating deterioration of American higher education. It is a crisis produced by collapsing standards, a debased curriculum, trivialized research, and ideological commitments to anti-Westernism, anti-Christianism, multiculturalism and academic deceptionism. It is a crisis grounded in the myth that money is a medium of exchange and sustained by the pseudology of economics. It is a crisis whose source the mainstream academy has elected never to discuss. It is therefore the editorial policy of PARAPOMETRICS® to redress this crisis by providing a forum to discuss every aspect of the money and civilization questions, including the legal foundations and the pervasive effects of usury, and the role and agendas of the international Money Power.

American and Western higher education have been pressed into the service of the Money Power

American and Western higher education have been propelled into their degenerative predicament because they have been pressed into the service of the Money Power. Rather than being harnessed to further the quest for greater understanding in the social sciences, the institutions of higher education are being used instead to legitimize the hidden agendas of international finance. These agendas and their pernicious economic and social effects are subject areas that the existing academy refuses to address, in part because it has been deprived of the appropriate conceptual tools to accomplish the task, but also because its ideological allegiance has been quietly co-opted to serve the agendas of the Money Power.

The time has come for a paradigm transformation of economics and other social sciences

Today, the paradigms of economics and other social sciences have been reduced to the point where their analytical capabilities have been vastly overshadowed by their proliferating anomalies. In the established terminology of Western physical science, the time has come for a paradigm transformation that eliminates those anomalies. The Parapometrics methodology-the science of power-provides such a paradigm transformation, as do the attendant paradigms of organic and parasitic monetary law.

Identifying and rejecting the falsehoods infused into the traditional curriculum

Remedial action to confront the crisis of higher education must start by identifying and rejecting the falsehoods infused into the traditional curriculum. And nowhere is this misinformation more apparent than in the pseudology of economics. The facade of economics must be peeled back one layer at a time, to reveal the realities of money as a medium of power, and to expose the agendas of the Money Power. This is a task that can only be accomplished through the transcending revelations of the science of power and organic law.

It is the purpose of PARAPOMETRICS® to provide a voice for these revelations. It is the policy of PARAPOMETRICS® to embrace the finest aspects of Western scholarly traditions and couple them with the established analytical precision of the scientific methodology. This combination is the catalyst that will give expression to the intellectual and legal prerogatives of the new paradigms of social science being forged in the crucibles of power and organic law.

PARAPOMETRICS® proclaims the end of the preorganic and the beginning of the organic era of human history

The publication of PARAPOMETRICS® also proclaims the end of the preorganic and the beginning of the organic era of human history. It is the editorial policy of PARAPOMETRICS® to reject the fraudulent and bankrupt ideas of preorganic deceptionism and provide, instead, a forum and the conceptual tools to dissect and analyze those ideas and expose their duplicity. In providing this forum PARAPOMETRICS® extends a broad hospitality to those ideas supportive of the regeneration rather than the destruction of the United States and the nations of Western Civilization. It is a hospitality, however, given only to the prerequisite level of scholarship. It is a hospitality reserved for those ideas leavened with the insights of the power-paradigm of monetary awareness and the responsibilities of organic government and law. It is a hospitality saved for ideas graced with profound perception or illumined by the higher reaches of the Western Soul. It is a hospitality to be savored by the intellectual vanguard of organic theology and law, those proclaiming the end of the preorganic and the beginning of the organic era of human history.

The responsibility of Western Man to confront the intellectual foundations of the Money Power

Should Western Man abdicate his responsibility to confront the intellectual foundations of the Money Power at this time of crisis, then he will pass into the oblivion of history with the full knowledge that whatever the faults and conduct of his enemies, it is he alone who ultimately abandoned the responsibilities of disciplined thought required to sustain truth and enforce the principles of organic government and law. It will be he alone who will deserve the condemnation of time and the censure and contempt of an unforgiving history.

The third millennium will witness the end of the age of pseudology and the passing of the power structure of international finance

Many of you may balk at the seminal revelations of organic law and the paradigm of power. You might react with apprehension at the devastating implications these insights hold for your traditional ideas and entrenched preconceptions. You might shudder at the inevitable fate that must befall the political, economic, educational and religious institutions that your traditional ideas sustain. Others of you will welcome these revelations. You will embrace their insights and accept their responsibilities. You will feel a great sense of relief in knowing that the third millennium will witness the end of the age of pseudology and the passing of the power structure of international finance. You will rejoice that the third millennium heralds the end of the preorganic and the beginning of the organic era of human history. It is to you others that PARAPOMETRICS® is dedicated. You are the intellectual vanguard of the third millennium. I invite you to share this vision.

Roger C. Elletson, Editor

Preface

IT IS WITH EXCITEMENT, a feeling of gratitude, and a sense of privilege that I publish the first issue of PARAPOMETRICS®.

The dawn of the New Enlightenment of organic philosophy, theology and law

At the start of the third millennium I see the world at the crossroads of history and the dawn of the New Enlightenment of organic philosophy, theology and law. I feel a heightened sense of anticipation knowing that PARAPOMETRICS® will provide a fresh and contemporary voice for the New Intelligentsia of the Western World and a global forum for the exchange of seminal and transcending levels of intellect, ideas, philosophy and law. In order to properly participate in this New Enlightenment it is important for readers to appreciate the significance of the developments of Parapometrics and organic law.

The idea that money is a medium of exchange has provided the conceptual foundation for the pseudology of economics and must rank as one of the greatest propaganda achievements of all time

Since the dawn of recorded history the exchange-paradigm of monetary understanding has provided the main conceptual pillar of support for the legal foundations and the entire intellectual superstructure of international financial propaganda and power. In more recent times the exchange-paradigm of money has provided the conceptual foundation for the pseudology of economics. The Money Power's ability to foist upon an unsuspecting humanity the idea that money is a medium of exchange must rank as one of the greatest propaganda achievements of all time.

The creations of Parapometrics and organic law have unmasked the realities of money as a medium of power-a medium of allocation, appropriation and control-and allowed the phalanx of propaganda and misinformation concealed behind the exchange-paradigm of money to first be penetrated, then transcended, and finally supplanted. It is only the simple but profound insight that money is a medium of power rather than exchange that enabled the resolution of the money and civilization questions that had perplexed mankind for millenniums. It is only the advent of the power-paradigm of monetary understanding that has provided the conceptual foundation for the inevitable, organic transformation of all law. It is the task of PARAPOMETRICS® to assist its readers in grasping the enormity of these developments and to aid them in making the perceptual transition to the foundations of organic understanding and law.

The ideational conversion to the paradigms of power and organic law provides a unique instance of a classical paradigm transformation

The ideational conversion required to advance from the preorganic intellectual paradigms of the traditional academy to the paradigms of power and organic law provides a unique instance of a classical paradigm transformation. Its effects are not limited to a particular academic discipline or area of intellectual inquiry. They resonate, instead, across the entire spectrum of human understanding. It is a transformation that requires not only a prerequisite intellectual foundation, but one that also demands an extended period of assimilation. The attributes of study, patience and reflection will thus stand the reader in good stead and aid in his or her development toward a higher level of comprehension and awareness.

As PARAPOMETRICS® leads the Western World on its greatest journey, from its dependence on preorganic law to its foundations of organic law, it is important to recognize those who have contributed, however modestly, in bringing the world to this great turning point. They can be considered the harbingers of this monumental transformation. And Charles Lindbergh, Sr. and Louis McFadden were two such souls.

Three categories of essays appear in this issue

Three categories of essays appear in this issue. The first category introduces the historical, philosophical and legal foundations of the Parapometrics methodology, the science of power. These essays discuss the concept of paradigm transformations and show how the crisis of the Western Academy now makes it a perfect candidate for a paradigm transformation. The second category complements the first by giving practical examples of two great Americans intimately involved with the realities of money as a medium of power. These essays salute Charles Lindbergh, Sr. and Louis McFadden who not only wrestled with the academic dimensions of money but also confronted the Money Power in the trenches of electoral politics and the battlefronts of legislative agendas. The third category is a review essay. I authored the three essays in the first category on the Parapometrics methodology, and I am grateful to constitutional scholar, historian and lawyer John Remington Graham for authoring the two essays in the second category. In the third category, I am indebted to James Green, professor emeritus of economics, for reviewing my work Money: A Medium of Power.

The initial essays lay the intellectual foundations for the paradigm of power. They provide the conceptual tools that allow one to embrace a new and transformational paradigm. They should be studied and restudied until they are assimilated.

Two important contributors to the quests for monetary understanding and historical veritism

John Graham then pays tribute to Charles Lindbergh, Sr. and Louis McFadden. He draws on his many years as a student of money to acknowledge what the establishment has silenced and praise what it has condemned. In doing so he demonstrates the insights that flow from an appreciation of the power-paradigm rather than the exchange-paradigm of monetary understanding. He paints a compelling picture of two important contributors to the quests for monetary understanding and historical veritism. He reveals facts that mainstream historians would prefer to keep hidden. He has commenced the rehabilitation of two of our nation's finest sons.

Charles Lindbergh, Sr. and Louis McFadden were men of enormous moral stature who, despite the preorganic limitations of their monetary and economic understanding, nevertheless tackled these subjects with an eloquent candor and unyielding fortitude, never wavering in their commitment to truth and their pursuit of social justice. Both men dedicated their lives to public service. Their careers stand to this day as outstanding examples of those who held their elective office as a public trust. Where other politicians cowered in subservience to the dictates and agendas of the Money Power, Lindbergh and McFadden stood like sentinels, unflinching before the basest character assassinations and merciless media defamations that have condemned them ever since through an unforgiving silence and a sentence to historical oblivion.

Lindbergh and McFadden stood like sentinels, unflinching before the basest character assassinations and merciless media defamations

Through these tributes John Graham has given Lindbergh and McFadden an eloquent reprieve from an otherwise certain historical interment. Their political careers and contributions to understanding the realities of money and the machinations of the Money Power will now become required reading for all future generations of students of money, organic law and the science of power.

In his review of Money: A Medium of Power, James Green provides the reader with some balanced insights into the transformational nature of the power-paradigm of money and the role of the Money Power presented in this seminal work. Not only is Money: A Medium of Power essential reading for all scholars and students of money, it also provides the prerequisite foundation for a proper appreciation of the essays in PARAPOMETRICS®. James Green calls the work "a challenging read." John Graham believes that "it will be a classic work in coming years." But it is you, the reader, who will ultimately decide its destiny.

Roger C. Elletson

Editor

 

Earlier Publications

The formal publication of the second editions of earlier works that have previously been available only in bound manuscript format is pending. These include:

  1. Organic and Parasitic Monetary Law: The Final Solution to the Money and Civilization Questions.
  2. Parapometrics: The Science of Power.
  3. The International Monetary Fund: An Organic Monetary Analysis.
  4. The World Bank: An Organic Monetary Analysis.
  5. The Bank for International Settlements: A Parapometrics Analysis.

Pending Publications

More recent works by Roger C. Elletson awaiting publication include:

  1. The Triumph of Western Civilization.
  2. The Organic Paradigm of Western Civilization.
  3. The Power Parameters of International Trade.
  4. The Pseudology of Economics.
  5. The Traditional Church and Usury-An Organic Monetary and Theological Analysis.
  6. Liability Insurance and Civil Justice.
  7. Creating An Organic Monetary System.
  8. The Organic Dispensation of Theology and Law.

The neglected works of the new genealogy of Western monetary scholars also awaits publication

Pending Journals

Pending journals to be published by GTU include:

  1. Grand Teton Theological Review-A Publication of Grand Teton Divinity School.

The courses and curricula of GTU are crafted to include the current works of original Western Scholars and the seminal and neglected works of those earlier Western Minds who have contributed most to Western understanding, values and aspirations. In many cases such works are long out of print and must be published again through GTU Press before they can be fully incorporated into current curricula.

Requests have also been received to publish foreign language editions of these and other works. These translations will be given priority as soon as updated English editions have been completed.

To order these books directly from GTU Press by check, click here.
Please send your questions or comments to:

GTU Press
Grand Teton University
P.O. Box 15480
Jackson, WY 83002

or email: gtup@grandteton.edu

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