UNANIMOUSLY AGREEABLE RATIONAL OF GOVERNANCE JUSTIFIES CONTINUE FANNIE MAE AND FREDDIE MAC

Dear President Obama,
The prevailing rationale of governance assumes that individuals maximize the utilities of their wealth consumption. This rationale has inextricably bonded the vast majority of households, their employers governments with an estimated $100 trillion of debt worldwide. The gargantuan debt burden is the the current global economic crisis. The vast majority of indentured borrowers cannot accept the prevailing rationale of governance that has caused their bondage.