In a poignant farewell address from the Oval Office, President Joe Biden delivered stark warnings about the emergence of a "dangerous" oligarchy in America, influenced by extreme wealth and power. Speaking at age 82, Biden emphasized that the proliferation of an ultra-wealthy "tech-industrial complex" poses a significant threat to democracy and individual freedoms.
Biden's Farewell Address: Warning Against Emerging Oligarchy
Biden's Farewell Address: Warning Against Emerging Oligarchy
Outgoing US President Joe Biden cautions about growing oligarchy's dangers while reflecting on his administration's achievements in his farewell speech.
During the address, Biden expressed pride in his administration's accomplishments, focusing on job creation, infrastructure development, healthcare advancements, and pandemic management. He noted, "We've planted seeds; it will take time to see the full impact of our efforts, which will bear fruit in the coming decades." While Biden extended best wishes to Donald Trump's incoming administration, he highlighted the pressing issues facing the nation.
Targeting climate change and misinformation, he warned against powerful forces aiming to dismantle environmental safeguards for profit. Biden criticized social media for failing in fact-checking amid rampant misinformation, stating, "The truth is smothered by lies told for power and profit." His remarks notably criticized the likes of Elon Musk and tech leaders for their growing influence.
He urged Americans to be vigilant guardians of democracy, emphasizing the need for collective action. Closing his speech, Biden celebrated a significant ceasefire agreement between Israel and Hamas, which he called one of the most challenging negotiations of his presidency, effective just before Trump takes office. Biden claimed that this deal showcased the effectiveness of his administration, while Trump also sought credit for the agreement.
Targeting climate change and misinformation, he warned against powerful forces aiming to dismantle environmental safeguards for profit. Biden criticized social media for failing in fact-checking amid rampant misinformation, stating, "The truth is smothered by lies told for power and profit." His remarks notably criticized the likes of Elon Musk and tech leaders for their growing influence.
He urged Americans to be vigilant guardians of democracy, emphasizing the need for collective action. Closing his speech, Biden celebrated a significant ceasefire agreement between Israel and Hamas, which he called one of the most challenging negotiations of his presidency, effective just before Trump takes office. Biden claimed that this deal showcased the effectiveness of his administration, while Trump also sought credit for the agreement.
