Ford needs to go to a full employee ownership model instead of expecting sacrifice on the part of earned income to benefit unearned income by abstracted non-contributors. After all why not just use debt to replace otherwise non-contributing owner's cash injection by way of casino stock market and why not use full employee ownership to get rid of both. But this is typical of legacy auto in their perverse imitation of Tesla. Tesla can ask this because it exists to serve a real and necessary purpose whereas the mission statement of Ford and GM is to further fatten fossil fuel felons with more ill gotten gain and to forestall or delay disgorgement. And then you have to ask where Ford wasting 1.5 billion a year on non contributing parasite credit card you can't pay off dividend payments is really going when it isn't going employees. Is it going to fossil fuel parasites like Black Rock through shells? Isn't that a breech of managements fiduciary duty to more legitimate shareholders? If Ford's charter can't be yanked maybe it can be converted to a new type of public benefit corporation that would have the fiduciary interest aligned to the public interest but like a mutual benefit corporation it would still pay taxes. This would make it easier for the public and the government to sue and make it easier to jail the management and eject the corruption of influence from fossil fuel entities like Black Rock. I am sure this would produce blather about corporate rights and owner rights and so called management rights- but this amounts to the rights of felons already convicted in the court of public opinion and by the demands of justice. So- what rights? The rights of the people? That is all that matters at this point because this is sysyemic corruption and we have to start somewhere. Reminds me of claims that super chargers are more expensive than gas. We pay whether we realize it or not at the very least $15 a gallon, it show up in higher taxes and lower services for the tax dollar.
