Henry Ford Foundation
June 4th, 2010
Question: Should the Ford Foundation's $13.7 billion in assets be sold to save the Ford Motor Company?
http://en.wikipedia.org/wiki/Ford_Foundation
The Ford Foundation is a non-profit organization which promotes the existence of the "centrist" establishment, the same establishment which is advocating a bailout of the Ford Motor Company, which actually produces something of value, unlike the Ford Foundation.
How about we liquidate the Ford Foundation and give its $13.7 billion to the Ford Motor Company instead of giving Henry Ford's car company a bailout? This would save the Ford Motor Company and the jobs of its employees and would save us from a non-profit organization which shills for the powers that be. Obviously, this wouldn't save GM or Chrysler, although I'm sure we could liquidate other obnoxious non-profits if we wish to save them as well.
Answer: Sorry... but they actually have nothing to do with the Ford Motor Company.
While it was founded by the Fords, it is not funded or administered by the Ford Motor Company. In other words, it is not an "asset" of the Ford Motor Company, ergo, you cannot simply liquefy their assets to benefit the company.
Keep living in your dream world... we will have to continue dealing with the REAL world.
Have a right-wing day.
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