In his farewell address, President Joe Biden declared that an “oligarchy” of the “ultra-rich” and powerful is forming and “threats our entire democracy.”
Joe Biden issued a warning during his final address to the American people from the Oval Office.
“…I want to warn this country about some things that I'm very concerned about…and that is the dangerous concentration of power in the hands of a very small number of ultra-wealthy people,” Biden said. .
“Today, an oligarchy is forming in America with extreme wealth, power, and influence that literally threatens our entire democracy, our fundamental rights and freedoms, and a fair chance for everyone to advance,” he said. added.
Biden has specifically used a similar variation of “threat to democracy” rhetoric when talking about President-elect Donald Trump and his supporters.
He called Trump a “real threat to this country” weeks before withdrawing from the presidential race in July, and Vice President Kamla Harris used similar rhetoric in the final stages of a futile campaign. .
Biden also bashed “MAGA Republicans” as a threat to democracy during his infamous September 2022 speech outside Independence Hall in Philadelphia, Pennsylvania.
Biden said Wednesday that he wished the next administration “the best of luck.”
As Breitbart News noted, Biden began his remarks by claiming undue credit for the ceasefire between Israel and Hamas.
A cease-fire agreement was reached on Wednesday, just five days before Trump's inauguration, after months of failed negotiations by the Biden administration, although Biden's own State Department even praised Trump's team for securing the deal.
