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Re: fuagf post# 456468

Sunday, 12/10/2023 8:47:48 PM

Sunday, December 10, 2023 8:47:48 PM

Post# of 575224
Corporate theft and corruption goes back a long time doesn't it? Edison was dirty too. Edison screwed westinghouse out of governmental power supply. Quite interesting that all energy for the people is backed and governed by government but actually owned by private individuals and shareholders/investors. All big energy ingratiated themselves into a governmental cocoon to protect their personal interests. This all happened in the early 1900's.

The facade and joke is that the American people have a say in energy.


But westinghouse lied to Tesla. He ripped of Tesla by technically stealing his patents. But all sorts of corporate owners were stealing from less business educated people. Back then and still happening today. Look at DWAC, shittypants's spac and subsidiary tmtg with nunes stealing another companies IP (intellectual property)... like tesla's patents... and nunes and orlando claimed in writing that they used 100% new and original code for the shit app TS.

He was caught in weeks that a majority of the software was another companies and they used it without permission.

Tesla patented his AC motors and power systems, which were said to be the most valuable inventions since the telephone. Soon, George Westinghouse, recognizing that Tesla’s designs might be just what he needed in his efforts to unseat Edison’s DC current, licensed his patents for $60,000 in stocks and cash and royalties based on how much electricity Westinghouse could sell. Ultimately, he won the “War of the Currents,” but at a steep cost in litigation and competition for both Westinghouse and Edison’s General Electric Company.

Fearing ruin, Westinghouse begged Tesla for relief from the royalties Westinghouse agreed to. “Your decision determines the fate of the Westinghouse Company,” he said. Tesla, grateful to the man who had never tried to swindle him, tore up the royalty contract, walking away from millions in royalties that he was already owed and billions that would have accrued in the future. He would have been one of the wealthiest men in the world—a titan of the Gilded Age.

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