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Comment Telsa / JP Morgan --free power = No profit (Score 2, Interesting) 928

Ok This is not correct Tesla claimed to have been able to harness power from the earth. The earth does carry a charge and does have a magnetic field there the earth does have potential energy.

Tesla patents claim that by getting the correct receptor the power of earth could be tapped for free. This would make metering electricity impossible.

Interestingly he was never able to complete his experiment due to J.P. MORGAN. Morgan ended up controlling Tesla's patents and the Tesla Co. Morgan also a huge influence on Tesla during his life time. Morgan was making a lot of cash from inefficient power distribution and lighting. Morgan owned General Electric, US steel and Guegeniun Cooper Mines and some power companies like Niagara. GE made a Mint of Niagara Falls. All of these interested made Morgan huge profits due to inefficient technologies like the hot Edison light bulb. Tesla's cold and efficient flourescent light bulb patent was also controlled by JP Morgan. Thus it was a full 50 years until fluorescent light came out commercially.

So next time you pay your 'metered' power bill or change those crappy GE built hot light bulb reflect on economics or greed of capitalist like jp and there affect on history and SCIENCE!!!

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