Biden warns in farewell address that 'oligarchy' of ultrarich in US threatens future of democracy

Category: Politics

In his farewell address, President Joe Biden warned of the rise of an oligarchy among the ultra-wealthy in the U.S. and the potential dangers of a tech-industrial complex. He emphasized the importance of democracy, the need for reforms in political funding, and the necessity of a peaceful transition of power. Biden reflected on his administration's achievements and urged Americans to remain vigilant in protecting their rights and freedoms.

Keywords: Biden, farewell address, oligarchy

Source: WXII The Triad

Update At: 1/16/2025

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