> Frankly I doubt Morgan ever explained his real reasoning to any journalists or authors
The proof is in the pudding, imo. Morgan also backed Edison's company (Edison General Electric, which later became General Electric). Morgan, via Edison, was going for ownership of the new electrical grid that was growing in the US 100+ years ago.
There's no way Morgan would ever allow Tesla's work with wireless to gain any traction in his lifetime.
"If Edison had a needle to find in a haystack, he would proceed at once with the diligence of the bee to examine straw after straw until he found the object of his search. ... I was a sorry witness of such doings, knowing that a little theory and calculation would have saved him ninety per cent of his labor." -Tesla
Tesla was far smarter than Edison was. Tesla's biggest mistake was allowing himself to work for JP Morgan. Morgan didn't want that wireless junk ("Where do you put the meter?") and was happy to let Tesla work himself into obscurity while the metered, wired system we know today was put into place.
Tesla became aware of the position he had placed himself in and his work became focused on leaving his research to us, the future. I hope we listen because he knew what he was doing.
Don't kid yourself. Obama and Romney are owned by the same interests. All users of the internet are threatened by any politician that is backed by Daddy Warbucks Inc.