Outside of the obvious fact that the US government has no power to arbitrarily take away property because "most people don't like it" (a dubious claim by the way), it's not like an independent foundation will necessarily improve things. Point in case: that horrendous GNU Savannah thing.
Have you ever used it? The UI is like a bad copy of SourceForge anno 1998 (in fact, IIRC it's based on a very old copy of the SourgeForge code). Savannah is pretty much the embodiment of "open source people can't design UIs if they lives depended on it".
Also: some of those policies are ridiculous. "We require the “or any later version” formulation for the GNU GPL, GNU AGPL, and GNU LGPL." It could not host the most widely used free software on the planet: Linux.
