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Biden Warns ‘Dangerous’ Oligarchy Appearing In Farewell Address

Posted by: lukwago J in World news January 16, 2025

In his farewell address, outgoing US President Joe Biden issued a stark warning about the emergence of a “dangerous” oligarchy in America, expressing concerns over the growing concentration of extreme wealth, power, and influence that poses a threat to democracy and fundamental freedoms.

Biden, at 82, highlighted the rise of an “ultra-wealthy tech industrial complex” that could potentially exert unchecked control over the American populace.

Reflecting on his administration’s accomplishments, Biden emphasized key achievements such as job creation, infrastructure investments, healthcare reforms, pandemic management, and efforts to enhance national security.

Despite acknowledging that the full impact of these initiatives may not be immediately felt, he expressed confidence in the lasting legacy they will leave for future generations.

Underlying his address were urgent pleas regarding climate change and the spread of misinformation through social media platforms.

Biden cautioned against powerful interests seeking to undermine progress made in addressing the climate crisis for personal gain, while also condemning the proliferation of false narratives that erode trust and enable the abuse of power.

Championing the mantle of democracy

As he bid farewell and extended well wishes to the incoming administration, Biden underscored the gravity of the challenges facing the nation, emphasizing the critical need for vigilance and active defense of democratic values.

He urged Americans to remain steadfast in their commitment to safeguarding the principles upon which the country was founded, calling upon all citizens to be “keepers of the flame” of democracy.

In a poignant conclusion to his address, Biden reflected on the recent ceasefire agreement brokered between Israel and Hamas, describing the negotiations as among the most challenging of his career.

Taking credit for his role in facilitating the agreement, Biden emphasized the significance of diplomacy and cooperation in resolving conflicts and maintaining peace on the global stage.

As the nation prepares for a transition of power, Biden’s parting words serve as a poignant reminder of the ongoing struggle to protect democracy, combat misinformation, and uphold the values that form the cornerstone of American society.

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