In Farewell Address, Biden Warns of an ‘Oligarchy’ Taking Shape in America

[Hume]

President Biden on Wednesday warned that an “oligarchy” of the ultrawealthy was emerging in America, sounding the alarm about unchecked power as he gave a farewell speech to the nation just days before he surrenders office to a man he disdains.

“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 and a fair shot for everyone to get ahead,” Mr. Biden said.

In Farewell Address, Biden Warns of an ‘Oligarchy’ Taking Shape in America

President Biden did not explicitly name President-elect Donald J. Trump, but his remarks went straight at the tension at the heart of the incoming White House.

www.nytimes.com

 

[Hume]

"Mr. Biden’s warning of an unelected oligarchy taking shape echoed a similar one by President Dwight D. Eisenhower, who spoke about the military-industrial complex in his farewell address. The Biden version referred to the “tech-industrial complex,” in which he warned of the erosion of truth itself, brought forth by unchecked social media platforms — a reference to Meta doing away with fact-checkers this week — and artificial intelligence.

“Americans are being buried under an avalanche of misinformation and disinformation enabling the abuse of power,” Mr. Biden said.

 

[archives]

He’s correct

Since the end of WWII America has gradually transformed into a plutocracy, which isn’t great, but was doable, however, with accelerated income disparity, and the rapid rise of ultra rich individuals, we are now heading for an oligarchy, just like Russia’s

It is no coincidence that social media platforms are now dropping any form of censorship, and some of the richest individuals in the country also own dominating information outlets. Alex Jones was right, it is all about winning the infowars

 

[Hume]

He’s correct

Since the end of WWII America has gradually transformed into a plutocracy, which isn’t great, but was doable, however, with accelerated income disparity, and the rapid rise of ultra rich individuals, we are now heading for an oligarchy, just like Russia’s

It is no coincidence that social media platforms are now dropping any form of censorship, and some of the richest individuals in the country also own dominating information outlets. Alex Jones was right, it is all about winning the infowars

No surprise Trump is embracing Musk, Minister of Information.

 

[volsrock1]

President Biden on Wednesday warned that an “oligarchy” of the ultrawealthy was emerging in America, sounding the alarm about unchecked power as he gave a farewell speech to the nation just days before he surrenders office to a man he disdains.

“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 and a fair shot for everyone to get ahead,” Mr. Biden said.

In Farewell Address, Biden Warns of an ‘Oligarchy’ Taking Shape in America

President Biden did not explicitly name President-elect Donald J. Trump, but his remarks went straight at the tension at the heart of the incoming White House.

www.nytimes.com

Joe warns the country about “dark money” after giving the Presidential Medal Of Freedom to George Soros

6 Dem-supporting billionaires Biden didn't mention while calling out political 'oligarchy'​

George Soros, Reid Hoffman, Howard Schultz, Michael Bloomberg and Tom Steyer all have supported President Biden​

 

[Hawkeye10]

Joe warns the country about “dark money” after giving the Presidential Medal Of Freedom to George Soros

6 Dem-supporting billionaires Biden didn't mention while calling out political 'oligarchy'​

George Soros, Reid Hoffman, Howard Schultz, Michael Bloomberg and Tom Steyer all have supported President Biden​

How Schultz was blackmailed into supporting the solidarity is a very interesting story that would make a great book.

My wife works at the Mother Ship (SB HQ).....I have been tracking this.

 

[ThatOwlWoman]

He’s correct

Since the end of WWII America has gradually transformed into a plutocracy, which isn’t great, but was doable, however, with accelerated income disparity, and the rapid rise of ultra rich individuals, we are now heading for an oligarchy, just like Russia’s

It is no coincidence that social media platforms are now dropping any form of censorship, and some of the richest individuals in the country also own dominating information outlets. Alex Jones was right, it is all about winning the infowars

Just a quibble. From what I've seen on FB. Their former fact-checking thing did not remove posts with misinformation. Instead, they hid them behind a statement that the post contains erroneous information, but you could still open it and read it if you wanted. I saw very few political posts treated this way. The vast majority of them had to do with health/medical misinformation. I applaud this and am discouraged to see it being dropped.

 

[Mott the Hoople]

President Biden on Wednesday warned that an “oligarchy” of the ultrawealthy was emerging in America, sounding the alarm about unchecked power as he gave a farewell speech to the nation just days before he surrenders office to a man he disdains.

“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 and a fair shot for everyone to get ahead,” Mr. Biden said.

In Farewell Address, Biden Warns of an ‘Oligarchy’ Taking Shape in America

President Biden did not explicitly name President-elect Donald J. Trump, but his remarks went straight at the tension at the heart of the incoming White House.

www.nytimes.com

Yes Biden is a little late to the party. We became an oligarchy when conservatives on SCOTUS made the Citizens United decision.

We became an oligarchy at that time as it became literally legal to bribe legislators and magistrates,

In case anyone hasn’t been watching the Democrats are as much in bed with the Oligarchs as there have been no legislative policies in decades by either major party that has benefited working Americans.

 

[Lionfish]

View: https://www.youtube.com/watch?v=Tn7wJorl7Uc&t=12s