Summary

In his farewell speech, President Joe Biden warned of a growing “oligarchy” in the U.S., where extreme wealth and power threaten democracy.

Comparing modern elites to 19th-century robber barons, he called for reforms to hold the wealthy accountable, as done in the past.

Biden also criticized a “tech-industrial complex” concentrating power and spreading disinformation, weakening democracy.

His remarks sparked a surge in Google searches for “oligarchy.”

The speech comes amid rising concerns about policies favoring billionaires, like Trump’s tax cuts and potential cuts to social safety programs.

  • @SendMePhotos
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    12 hours ago

    Don’t worry. We’ll be defunding public education soon.

    • @[email protected]
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      fedilink
      59 hours ago

      Ugh, one of my right wing Farcebook “friends” recently made a simpleton comment about paying back student loans, and I couldn’t resist saying “why stop at college? Defund public schools, if little Timmy can’t afford it, send him to the mines” and of course he agreed, the irony was completely lost on him. No, his kids do not go to private school.