There are those types in all aspects of the horse world.

I agree, but the majority on the market and the most highly advertised are the crap foundation breeders, and they pump them out by the hundreds to have their annual sales. There are crap breeders in every discipline and breed, and they seem to out number the good breeders.
We are concerned about the stock type horses (quarter horses and paints, appys are a lost cause to me, LOL!)because that is our area of interest.

The specialized event breeders are coming dangerously close to specializing themselves out of a serviceable horse.
FTF and myself and others realize that not all foundation bred horses are crap. The ones that are not crap are also not being pumped out by the hundreds.
The local sales around here are full of the low end foundation bred horses and many of them end up on a truck to Mexico.
The foundation craze has also brought in a bunch of new horse owners (many of them city slickers gone to the country) that want to be cowboys and ride pretty colored horses, and the crap breeders are happy to oblige them and breed every thing with a uterus to there crap stallion without thought to the integrity of the breed in the future or where they will end up in this throw away society. Those city slickers get tired of playing cowboy, the work, and the expense so the pretty color crap horse goes to the sale.
It has been stated many times on this thread and others that the halter horses and the HUS horses are going to be the ruination of the breed. That is what is thrown back at FTF and the rest of us when anything bad about the foundation bred horse is brought up. Not all top halter horses have bad legs. Not all top halter horses are 16-17 hands and the same goes for the HUS horses, pleasure horses, reining horses, cattle horses, etc. We all realize that. Something has to give somewhere soon in the quarter horse and paint industry before the breeds lose their identities all together. Obviously the are well on their way.
I personally own a few horses that would qualify as foundation, but what guideline does one go by to determine the percentage of foundation? All the associations have a different formula. Until they can get their acts together I won't bother with them.
I am not a halter horse or rail horse breeder either. But I do believe we can have a working, halter, rail, etc horse all rolled into one animal and still be very competitive.