WTF? Do you even understand what is being proposed?

I do. You apparently don't. This is why I'll quote it for you:

To get the conversation started, here are some functions I think a Bitcoin Foundation could perform:

Interact with the legal system, where a centralized entity is needed: for example, to hold the Bitcoin trademark, own/control the bitcoin.org domain name, etc.
Act as a central library for accurate information about Bitcoin, so journalists and policymakers have an 'official' place to learn about Bitcoin.
Collect donations to fund infrastructure necessary for Bitcoin's growth (organize regular developers' conferences or get-togethers maybe? pay for development of cross-implementation testing tools? pay core developers' salaries? create a certification/testing program for Bitcoin implementations? create a central clearinghouse for information about legal issues surrounding Bitcoin across the world?)

I agree with all listed functions of such a not-for-profit foundation. Go guys, do it!