If I put the key in the run position I can start it by either jumpering positive
battery terminal to the small bolt the red wire goes to or just shorting the
large bolts.
That cast zinc crap inside the steering column sure enough causes trouble.
Like I needed to tell you that huh?
Was messing with my '91 the other day just so I could tell you this, the
ignition switch is under the dash attached to the steering column. It's got
two nuts holding it to two studs welded to the column (7/16" wrench?).
The switch looks like that white-and-zinc thing hanging from wires there
just above the gas pedal...
...use this tool (cotter pin remover) to operate it...
...in the meantime you can replace those sorry zinc parts in your column?

{drove mine around for 3 to 6 months using a cotter pin puller}
{left the cotter pin puller on the dash, LOL:}
Problem is your steering column might still be locked? LOL
Don't have any real world experience with adjusting the ignition switch to
match the actuator's motion ...I wonder how many times just-that would
do the trick? :/
Either way, you can at least start your truck, many others can't even do
that or how 'bout the guys that turn the key off but the truck stays runnin'!
...and have to get under the hood to pull some wire loose to kill the engine! :/
Reading these problems over and over is starting to get on my nerves. :/
Ford makes a good long lasting product but somehow they dropped the
ball when designing and/or designating the materials for these key operated
parts.
----------------------------
IMO there' nothing wrong with all those zinc parts and wheel-locking-crap
a guy can't fix with a hacksaw, hoof rasp, three Bosch relays, some wire
and an old ignition switch from a '75 Ford truck...
Push a button-in on the opposite side of the column just to get the key out?
You've got to be friggin' kiddin' me? :/
Nope, not kiddin', that's how it -was-! LOL
Alvin in AZ
ps- This is how mine was, the actuator had JB weld holding it together and
was doing a mighty fine job of it but the sissy-car-like-tilt-crap was broken...