Biden warns of ultra-wealthy 'oligarchy' threatening US democracy in farewell address to the nation

www.euronews.com Joe Biden warns of ultra-wealthy 'oligarchy' threatening US democracy

Biden warns of an ultra-wealthy ‘oligarchy’ threatening democracy in the United States as he delivers his farewell address.

US President Joe Biden used his farewell address to the nation to deliver stark warnings about an “oligarchy” of ultra-wealthy individuals and a “tech-industrial complex” that infringes on Americans’ rights and threatens the future of democracy in the nation.

Archived version: https://web.archive.org/web/20250116073204/https://www.euronews.com/2025/01/16/biden-warns-of-ultra-wealthy-oligarchy-threatening-us-democracy-in-farewell-address-to-the

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2w ago

Oligarch-in-chief warns of ultra-wealthy 'oligarchy' threatening US democracy in farewell address to the nation

www.euronews.com /2025/01/16/biden-warns-of-ultra-wealthy-oligarchy-threatening-us-democracy-in-farewell-address-to-the

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2w ago

Biden warns of ultra-wealthy 'oligarchy' threatening US democracy in farewell address to the nation

www.euronews.com /2025/01/16/biden-warns-of-ultra-wealthy-oligarchy-threatening-us-democracy-in-farewell-address-to-the

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33 comments

The whole speech was here's everything I was aware of but didn't address
- Well, you see, it was only a problem for him when it turned against him. When he actively supported it his entire career it was the obvious and natural order of things
- "Here's all the cool stuff we politicians can do. Suck it. Bye!"
- This was Biden announcing to his rich donors that he followed through on his promise that "nothing will fundamentally change"

If Biden really was worried about democracy he had 6 months of Roberts approved blanket immunity to actually do something about it.
- Can’t burn those sweet appearance fee bridges that await him by ruffling too many people the wrong way.
  
  He's only got a couple of years left, he could just live off an advance on a memoir if he was broke (which he isn't).
- Yep go Luigi on all those CEOs with that immunity.

Shame he didn't do anything about it while he had the chance. What is it with us presidents and doing nothing about the important issues, and only bringing them up on their last day.
- If you fix a problem, you can't campaign on it.
  
  Sounds like the Big Pharma strategy
- Just a heavily self propagandized corporate dictatorship, doing corporate dictatorship things, because it's a corporate dictatorship.
  No politician can topple the power of hundreds of corporations, and the armies they employ, backed by trillions of dollars in capital... no matter how hard they want to, even if they wanted to. All they can do is virtue signal.

"And I did nothing about it. Worse, I helped get more into office!"

Politicians making statements like this after they're out of power is just proof that they understand exactly what the fuck they're doing the whole fucking time they're in office.
Biden deserves to be put in the worst nursing home in the country.
- I mean, they’re the ones that bought him. They paid for his campaign, etc.
- Yet when I'm asking Lemmy when are they gonna start voting independent, the answer is always "not now".

We didn't listen to Eisenhower; I don't think we're going to listen to Biden.
- Eisenhower, like Biden, actually helped create the problem.
  Biden could have, and should have, gone hard against Trump and his fellow insurrectionists.
  Instead he chose to appoint Merrick Garland, a man whose legacy was turning a blind eye to Timothy McVeigh's accomplices in the wider Militia Movement.

Maybe that means the US has never been a democracy at all...
- Not to nitpick, but it has never been a true democracy and was never intended to be one. It's technically a democratic republic.
  At least nominally: it's been a plutocracy and a gerontocracy for a long time, and it's about to become a broligarchy.
  
  You're literally just repeating my sarcasm back at me like

What a fucking joke

Oh, you mean the oligarchy that put Trump in the office the first time? The one that put you in the office after Trump completely fucked up the economy? The one that's been selecting both presidential candidates for the last, oh, I don't know, five decades? Six? Longer, probably? The one that's been crushing the spirit of every living person around the world with the promise of a meager subsistence life, and that's if they like you or you're convenient to their ends? And they'll throw you on the pyre of capitalism if it earns them a single cent more? That oligarchy?
Yeah, sure. Thanks for giving it the old college try, Joe.