US EditionBiden warns of an 'oligarchy' of wealth and power threatening US democracy in farewell speech
- Biden warned of an 'oligarchy' of wealth and power threatening U.S. democracy during his farewell speech, stating that extreme wealth and influence threaten basic rights and freedoms.
- Biden called for a constitutional amendment to end immunity for sitting presidents after the Supreme Court granted Trump protections from criminal liability.
- Only a quarter of Americans said Biden was a good or great president, according to the latest poll from the Associated Press-NORC Center for Public Affairs Research.
- Biden expressed concerns about a tech-industrial complex and highlighted the need for vigilance regarding freedoms and institutions during rapid change.
730 Articles
730 Articles
Biden’s farewell address wasn’t just a goodbye — it was a warning
On Wednesday, President Joe Biden delivered a farewell address that wasn’t about accomplishments or legacy. It was a warning. His message was clear: concentrated power — in wealth, technology and misinformation — is pushing American democracy to the brink.“An oligarchy is taking shape in America,” Biden said. According to Federal Reserve data, the top 1% controls more wealth than the bottom 90% combined. Billionaires like Elon Musk, with a net w…
In his farewell speech, the outgoing president denounces the risks to democracy of 'oligarchies'. He talks about Musk, forgetting that, between funding and revolving doors, dems have always gone hand in hand with economic potentates: from Soros to Gates to Big Tech. Marco Rubio, the designated Secretary of State: “The liberal world order? A dangerous illusion” The special contains two articles. Continue reading
Schumer and fellow Democrats ignore the facts when trying to pin American oligarchy on Republicans
President Joe Biden's farewell address Wednesday was replete with oddities and falsehoods. Evidently convinced that they could use it against their political foes and hurt President-elect Donald Trump's appeal with working-class voters, affluent Democrats and fellow travelers seized on one of Biden's statements in particular, namely his suggestion that "an oligarchy is taking shape in America of extreme wealth, power, and influence that literall…
American Military News
Business TimesBiden cites threat from ‘extreme wealth’ in farewell address
President Joe Biden warned Americans of a “dangerous concentration of power” in the hands of a “very few ultrawealthy people” and the impact he feared it would have on the country’s democracy as he delivered a farewell address Wednesday from the Oval Office. “Today an oligarchy is taking shape in America — of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms, a fair shot for everyone…
What A U.S. Tech Oligarchy Means For The Rest Of The World
Analysis-PARIS — On Jan. 17, 1961, U.S. President Dwight Eisenhower, a former World War II hero, delivered his final message to the nation before the end of his term. He cautioned Americans: "In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist. We must never le…
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