Home » Follow the money: capitalists selling the rope by which Western civilization will be hung (the Ford Foundation and others)

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Follow the money: capitalists selling the rope by which Western civilization will be hung (the Ford Foundation and others) — 27 Comments

  1. Here us an excerpt from Henry Ford II letter of resignation from the Ford Foundation.

    “The foundation exists and thrives on the fruits of our economic system. The: dividends of competitive enterprise make it all possible. A significant portion of the abundance created by U.S. business enables the foundation and like institutions to carry on their work In effect, the foundation is a creature of capitalism—a statement that, I’m sure, would be shocking to many professional staff people in the field of philanthropy. It is hard to discern recognition of this fact in anything the. foundation does. It is even more difficult to find an understanding of this in many of the institutions, particularly the universities, that are the beneficiaries of the foundation’s grant programs.” Here is a link to full NYT article from back in 1977.

    https://www.nytimes.com/1977/01/12/archives/excerpts-from-henry-ford-letter.html

  2. Paging Robert Conquest. Your Second and Third Laws of Politics are calling.

  3. Re: Part of the problem

    In 1970 I got a Ford Foundation grant to attend a radical experimental college. 🙂

  4. A byproduct of our budget deficits and the Fed’s quantitative easing is that there are huge amounts of dollars sloshing around. Here is the M2 money supply
    https://fred.stlouisfed.org/series/M2SL
    As recently as 2020 it was about $14 trillion but it’s now about $22 trillion.
    This leads to inflation of the things we buy, but much more to inflation of financial assets, like stocks and bonds. Since that is where the endowments of these foundations are invested, they are rolling in money. But I think they have limited effectiveness since people aren’t buying the leftist garbage they’re selling.

    A similar effect is in the funding of the Biden and Trump campaigns. See this article about how the huge amount of money that Trump raised after the bogus conviction has evened up the two campaigns. They are limited now, not by money, but by the number of people they can hire and deploy effectively.

    https://pjmedia.com/rick-moran/2024/06/21/trumps-fundraising-haul-is-reshaping-the-race-n4930044

  5. It is a matter of some curiosity, whether the Ford Foundation and others funding the efforts to end Western Civilization, actually imagine that they will survive in the aftermath of a civilizational collapse? That degree of willful blindness is arguably, pathological.

  6. “hanged” or “hung”? I’ve seen both, but I go with “hanged” for the method of execution (as opposed to hanging clothes or a framed picture), following Samuel Pepys:

    …I went out to Charing Cross, to see Major-General Harrison hanged, drawn, and quartered; which was done there, he looking as cheerful as any man could do in that condition.

    On the other hand, the world would have been poorer without Blazing Saddles:

    Charlie: They said you was hung!
    Bart: And they was right!

  7. People are hanged, dead meat is hung. So first he was hanged and then he was hung.

  8. The Ford Foundation has been funding radical causes since at least the 1960s. Ford and the Carnegie Corp. funded radical educators such as Herb Kohl and Allen Kaprow; Kohl’s experimental school in Berkeley then became part of a federal Dept. of Ed. Experimental Schools Program that ran for five years in Berkeley, Minneapolis, and a few other cities. In Berkeley, at least some of the ESP schools were for black and Latino students who were not happy with the district’s recently integrated schools. One was called Black House, the other was Casa de la Raza. These ethnically based schools were eventually found to violate Title VI, I think. It goes to show how circular and at cross-purposes funding for “social progress” can be. That’s not to mention the outrageous and unethical behavior that went on at some of these schools.

  9. The Olin foundation https://en.m.wikipedia.org/wiki/John_M._Olin_Foundation
    founded by John Olin, a conservative businessman, had a stipulation – an expiration date. It was included because Olin noted the “mission drift”, to the left of course, and it worked as he wished.

    I think the Federal Government should institute expiration dates on all such foundations, both existing and future ones. The funds in these foundations need to be disbursed to the people fully and quickly.

  10. huxley on June 21, 2024 at 6:51 pm said:
    Re: Part of the problem
    In 1970 I got a Ford Foundation grant to attend a radical experimental college. ?

    Given your extensive and responsible commenting here, it appears that radical experiment did not “take”. Maybe you should give that grant money back — with interest!! 🙂

  11. Either “hanged” or “hung” is proper here. However, although either may be used for a person being executed, “hanged” can never be used for an inanimate object.

  12. It should be a hanging offense for humans to create Laws – Hang ‘Em High and leave them hanged hung as a warning to other wannabe Law creators…

  13. The Ford Foundation is Exhibit A for several provisions being written into corporate law in every state.
    ==
    A. Making grants and donations to other corporate bodies is bar in specified circumstances a franchise limited to a class of corporations called ‘foundations’. (political parties and contribution bundlers may donate to campaign committees; charitable and religious corporations may provide for individual persons and households, but not other corporations).
    ==
    B. ‘Foundations’ are prohibited from engaging in any activity other than grant distributions.
    ==
    C. All foundations must liquidate under the supervision of a surrogate’s court within 60 years of their incorporation.
    ==
    D. The assets of the foundation must be distributed according to principles incorporated in its charter as constrained by subsequent amendments to statutory law. Absent that, the capital must be apportioned among donors according to formulae incorporated into statutory law. Under no circumstances may any portion of the capital be distributed to other foundations.

  14. The dodd committee investigated this in the 50s thats where non dare call ot treason findings came from it produced more evidence than say the huac ones

  15. I do not understand why NGOs are not indicted under RICO laws.

    They fund and support (with money, equipment, food, etc) illegal immigration.
    And who supplied all the $$$$ to buy all those tents (and scarves) for all those “college” pro-Hamas / Einstazgruppen supporters??

    A good first target would be to indict George Soros. When you see what he has done, it would be no different than if he was acting on behalf of the Russian KGB.

  16. Cycle Cyril beat me to it. Here is the intro paragraph from Wikipedia on the Olin foundation.

    The John M. Olin Foundation was a conservative American grant-making foundation established in 1953 by John M. Olin, president of the Olin Industries chemical and munitions manufacturing businesses. Unlike most other foundations, it was charged to spend all of its assets within a generation of Olin’s death, for fear of mission drift over time and to preserve donor intent. It made its last grant in the summer of 2005 and officially disbanded on November 29, 2005. It had disbursed over $370 million in funding, primarily to conservative think tanks, media outlets, and law programs at influential universities. It is most notable for its early support and funding of the law and economics movement and the Federalist Society. “All in all, the Federalist Society has been one of the best investments the foundation ever made,” wrote the Foundation to its trustees in 2003.

  17. The current non profit system in this country is basically a legalized money laundering system. We should completely do away with it. Nothing less will eliminate the problems noted.

  18. The question is why non-profits are allowed to funnel tax-free money into political groups and causes. Yes, it’s legalized money-laundering. Closer scrutiny on whether the grants are actually non-political is called for — but this is the same IRS which let Lois Lerner mismanage its non-profit sector for political purposes.

  19. I’m generally conservative, but would look favorably on confiscatory taxes and fines against endowments, foundations and trust funds.

  20. I’m generally conservative, but would look favorably on confiscatory taxes and fines against endowments, foundations and trust funds.
    ==
    The lawyers here will have to correct me, but if I’m not mistaken state law generally requires trusts be dissolved after two generations. I think you’d have to scrounge to locate people with trust-fund income who are influential.
    ==
    Endowment income finances institutional operations. The primary problem in those cases is the character of the institution.
    ==
    In re foundations, I suspect it would be sufficient to debar them from activities other than grant-making and, like a trust fund, be compelled to dissolve after two generations with their capital scattered to the winds.
    ==
    IMO, philanthropy by business corporations is a social problem and ought to be debarred by law.
    ==
    And, while we’re at it, the spigot on the grant money pipeline emanating from the public treasury needs to be closed.

  21. Closer scrutiny on whether the grants are actually non-political is called for — but this is the same IRS which let Lois Lerner mismanage its non-profit sector for political purposes.
    ==
    Not necessary.
    ==
    1. End the income tax preferences for donors to philanthropies. No deductions.
    ==
    2. End any exemption philanthropies enjoy in re sales or value-added taxes and in re payroll taxes.
    ==
    3. Impose corporation taxes on philanthropies, calculated according to a formula which includes as arguments the compensation per employee of said philanthropy, the compensation of its senior employees (most handsomely compensated 12% or most handsomely compensated 50, which ever is the smaller number), the number of employees, and the employee-compensation-per-worker in the economy at large. Philanthropies can avoid corporation tax liability by keeping their executive compensation modest.
    ==
    4. Debar corporations in general from making grants, with some specified exceptions which are not granted to business corporations, not granted to government corporations, and not granted to most subtypes of philanthropic corporation.
    ==
    5. End government grants to philanthropies except in emergency situations (e.g. disaster relief).
    ==
    6. Debar philanthropies which employ people in the United States from accepting grants from inter-governmental agencies.
    ==
    7. Require any abiding philanthropy have a board elected by legally defined stakeholders in a postal ballot supervised by the board of elections in the state which issued the charter of their parent company. Self-regenerating boards should be provisional and ‘nominating committees’ should not exist. All boards should have between 4 and 20 corporal members.

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