Sunday, March 27, 2011

General Electric (GE)

We're getting near the heart of the beast here. Along with other mega corporations, and in the midst of so much global povert and misery, we find that these massively profitable businesses pay no taxes, answer to no-one and are very easily able to buy political influence:

http://www.nytimes.com/2011/03/25/business/economy/25tax.html?_r=1&hp

Here we note that it's origins are tied up with Thomas Edison, Tesla's rival in the energy wars. Allegedly Tesla invented free energy, but Edison didn't think this was such a good idea, as he could see the profits that could be made out of harnessing and selling units of energy to the general public. Tesla was interviewd by the FBI, his workshop was burned to the ground the next day, and he died years later in poverty. All of this way back in 1876:

http://en.wikipedia.org/wiki/General_Electric_timeline

http://en.wikipedia.org/wiki/General_Electric

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