They set up two classes of stock--a large block of nonvoting Class A stock (which was willed to the charitable Ford Foundation) and a much smaller block of Class B stock that had voting rights (and was willed to the family).
The models cover in this class provide a foundation for future social science classes, whether they be in economics, political science, business, or sociology.
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It was a week in which together, we took bold new steps toward restoring economic security for our middle class and rebuilding a stronger foundation for our future.
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One of the most critical steps we can take is to reduce the deficit in a balanced way in order to lay the foundation for long-term middle-class job growth.
In the mid 1930s, Henry Ford and his son, Edsel, set up the two-class structure as part of their estate planning: the charitable Ford Foundation received most of the shares, but they kept a small block of Class B shares that had voting rights, thus assuring family control.
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The foundation of this plan is a growing leisure class of retired people with ample savings and limitless time and means for travel.
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Each expression of political vice, government dependency, excess spending and debt, twisting of the rule of law, class war demagoguery, rots the foundation of society and adds a layer of risk.
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Only a tightly run state can push through liberal economic reforms, which in turn will create a stronger middle class, which will eventually become the foundation for a solid democracy and the rule of law.
So, Everett, if we want to build an economy that lasts, that is strong, that has a strong foundation, that helps families get into the middle class and stay in the middle class, we've got to do everything we can to strengthen American manufacturing.
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Twinning unequal outcomes with equality of opportunity produces sustainable world class community and economic outcomes that are the foundation for the next generation of economic and social success.
And we need to continue to take necessary actions to see that the economy grows, to invest in the middle class, to provide the security that the middle class needs so that it can be the foundation of the American economic engine of the 21st century just as it was in the 20th.
It is that ethos that laid the foundation for the broad-based prosperity of the American middle class in the postwar years, and without its revival, no amount of government intervention can fully mitigate the widening inequality that the slowdown in innovation has helped create.
The President said there's one thing we can do right now to provide a foundation for a solution that helps the economy and gives middle-class families more certainty in the coming weeks.
But I do know that the discussion which our governing class had this week revealed an element of rot in our cultural foundation.
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And the only way to do that is to lay a new foundation for long-term economic growth and finally address the struggles that middle-class families have been grappling with for years.
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Economic growth is the foundation for job creation, and is far more beneficial than redistribution for the middle class and the poor, who will never gain when there is a shrinking pie.
Marcelo Neri of the Getulio Vargas Foundation, which carried out the research, says it shows Brazil has at last become a middle-class country after decades of effort.
By teaching these skills to the entire class, at-risk students who are subsequently referred to me have this knowledge and experiential foundation which we can build upon, for example by practicing the skills using the Heart Math computer software, if, after engaging from the CDOI framework, is found to be a helpful intervention.
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