• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

‘Rings hollow’: Biden ripped for warning of oligarchy ‘taking shape’ in US despite deep ties to billionaires

by January 16, 2025
written by January 16, 2025

President Biden was widely panned by conservatives on social media after warning in his final speech to the nation of an ‘oligarchy taking shape in America.’

‘That’s why my farewell address tonight, I want to warn the country of some things that give me great concern,’ Biden said in his farewell speech on Wednesday night. ‘And this is a dangerous — and that’s the dangerous concentration of power in the hands of a very few ultrawealthy people, and the dangerous consequences if their abuse of power is left unchecked. Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms and a fair shot for everyone to get ahead.’

‘We see the consequences all across America. And we’ve seen it before.’

Conservatives on social media quickly reacted to that comment with criticism pointing to the billionaires that Biden has associated with over the years, including liberal megadonor George Soros, who he recently awarded the Presidential Medal of Freedom.

Fox News Digital previously reported on several billionaires who donated to President Biden’s re-election campaign last year, including Laurene Powell Jobs, the widow of Steve Jobs, and Alphabet Executive Chairman Eric Schmidt.

‘Joe Biden didn’t call out Iran, China, or the wars he helped create in his farewell speech—but he attacked American citizens, calling them ‘oligarchs’ and ‘a threat to democracy,’’ GOP Congresswoman Nancy Mace posted on X. ‘A fitting end to a presidency defined by blame and failure.’

Mace added in another post, ‘Joe Biden discussing democracy, a free press, institutions and the abuse of power in his final farewell speech is rich.’

‘Joe Biden, who just awarded the Medal of Freedom to George Soros and gave his own son a free pass for any and all federal crimes he committed over the course of a decade, now wants you to know that oligarchies are bad,’ conservative commentator Matt Walsh posted on X.

‘Yes, Biden, opponent of the wealthy and powerful…who just gave the nation’s highest civilian honor to…George Soros, Hillary Clinton, Ralph Lauren (net worth $11 billion), and Magic Johnson (net worth $1.6 billion)’ American Compass managing editor Drew Holden posted on X. 

‘Biden’s oligarchy warning, while with merit, rings hollow from the leader of a party fueled by billionaires,’ former White House correspondent Ron Fournier posted on X. ‘Truth is, the monied class rules both halves of the corrupt duopoly.’

‘INCREDIBLY RICH for Biden to warn about ‘power concentrated in the hands of a few wealthy people’ when their entire political apparatus has been fueled by Arabella Advisors and George Soros for decades,’ Republican communicator Matt Whitlock posted on X.

Fox News Digital reached out to the White House for comment but did not immediately receive a response.

Related Topics

George Soros
Joe Biden
Politics

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
next post
SNAP recipients may be barred from junk food purchases under new House GOP bill

related articles

Trump denounces court’s ‘political’ tariff decision, calls on...

May 30, 2025

President Trump teases ‘last day, but not really’...

May 30, 2025

State Dept says DOGE’s changes will be permanent...

May 30, 2025

Jill Biden should have to answer for ‘cover...

May 29, 2025

DOGE staffing shakeup as Elon Musk hangs up...

May 29, 2025

Hawley urges DOJ probe of Chinese trucking company

May 29, 2025

Less than half of DOGE-terminated contracts can be...

May 29, 2025

Flashback: Top five wildest moments from Elon Musk’s...

May 29, 2025

Sen Ron Johnson suggests he may not run...

May 29, 2025

Justice Department tells American Bar Association it will...

May 29, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Lawmakers demand Bondi’s DOJ investigate Biden’s post-Election Day dismissal of green energy fraud lawsuit

    February 7, 2025
  • Trump expected to ‘soon’ appoint a Ukrainian peace envoy after promises of negotiating end to war with Russia

    November 13, 2024
  • HE1 Share Price is Falling. Should You Buy?

    July 15, 2024
  • 3 things Dr. Oz can do as CMS administrator to help fix American health care

    November 25, 2024
  • Dem senators rip GOP’s ‘Silence of the Lambs’ as Trump marks 100th day

    April 29, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,723)
  • Investing (624)
  • Stock (773)

Latest Posts

  • Tesco Share Price: Forecast and Live Update

    August 2, 2024
  • Trump so far has freed 11 hostages in his first month as president; Biden released around 70 in four years

    February 15, 2025
  • On Ukrainian Independence Day, over 100 POWs swapped with Russia

    August 24, 2024

Recent Posts

  • Biden administration imposes sanctions against Venezuelan President Maduro’s ‘cronies’

    September 13, 2024
  • Trump rips ‘loser’ Tim Walz for hurting Dems in 2024 election

    March 21, 2025
  • JFK’s grandson says there is ‘nothing heroic’ about Trump’s declassification order

    January 24, 2025

Editor’s Pick

  • Kamala Harris campaign aide admits she never surpassed Trump in internal polls

    November 27, 2024
  • USDCAD and USDCNH: USDCAD is trying to form a new low

    August 29, 2024
  • ‘It’s a mess’: Vulnerable House Dem shreds Biden on border crisis in ‘closing message’ of campaign

    October 22, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock