President Biden Warns Americans About the Threat of a “Dangerous” Oligarchy

By Anastasios Gordon Sekandi – 10:27 Thursday, 16 Jan, 2025

President Joe Biden has issued a stark warning about the growing influence of oligarchy in America, calling it a “dangerous threat” to democracy and the values the nation was built upon. Speaking at the Whitehouse during his farewell speech before stepping down next week, Biden stressed that concentrated wealth and power in the hands of a few can undermine fairness, equity, and the voice of everyday Americans.

“The promise of America is rooted in opportunity for all, not privilege for the few,” the President said. He highlighted the risks posed by a system where economic and political power become disproportionately controlled by a small elite, eroding trust in institutions and widening social inequality.

Donald Trump and Elon Musk. Courtesy Photo.

Biden’s remarks come at a time when concerns about income inequality, corporate monopolies, and the influence of money in politics continue to dominate national conversations. He called on citizens to remain vigilant and engaged, urging reforms to ensure a more balanced and inclusive economy.

Critics and supporters alike are weighing in on Biden’s statements, with some applauding his focus on protecting democratic values, while others argue about the role of government policies in addressing these issues.

This warning signals a renewed push by the Biden administration to address systemic inequities and promote policies aimed at curbing undue influence in American society.

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