Meet The Press With Kristen Welker: Joe Biden Warns Americans to Fight Emerging ‘Oligarchy’ in Farewell Speech

"NBC News White House Correspondent Aaron Gilchrist and Deputy Tech Editor Ben Goggin join Meet the Press NOW to report on President Biden’s farewell address, including his warnings to Americans about an emerging “oligarchy” and social media companies abusing power." 

Source:NBC News with a look at President Joseph R. Biden's (Democrat, Delaware) farewell address.

From NBC News

From President Biden's remarks about a potential American oligarchy: 

"That’s why, in my farewell address tonight, I want to warn the country of some things that give me great concern. And this is the dangerous concer- — and that’s the dangerous concentration of power in the hands of very few ultra-wealthy 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, more than a century ago. But the American people stood up to the robber barons back then and busted the trusts.

They didn’t punish the wealthy. They just made the wealthy pay the by — play by the rules everybody else had to. Workers won rights to earn their fair share. You know, they were dealt into the deal, and it helped put us on the path to building the largest middle class and the most prosperous century any nation the world has ever seen, and we’ve got to do that again... 

From The White House

At risk of The New Democrat sounding like a TV that only gets 1 channel, that only plays 1 program: the American voters were warned about a potential American oligarchy all throughout the summer and fall of 2024. And either ignored it, didn't care, or if you talk to the MAGA voters, at least, that's exactly what they wanted. 

A lot voters apparently decided that the price of eggs and milk are so expensive, that we need to put at risk our great, liberal democratic system of checks and balances and individual rights, at risk, so we can bring down grocery prices. I'm being a little sarcastic here, but that's what this comes down too.

But American voters had a choice: a convicted felon, insurrectionist, and reality TV star, who's never made a dime or given a damn about anyone other than himself, or a career lawyer and law enforcement officer, before her brief term in the U.S. Senate and 1 term as Vice President of the United States.

Elections have consequences and now 1/2 of the country is going to to have to try live (or survive) with the choice that the other 1/2 of the country made. 

And no offense to President Biden, but the speech he made last night, would've been a lot more relevant had he given it 2 years ago, when he could've announced that he was going to keep 1 of his 2020 election promises and chose not to run for reelection. The fact that he couldn't finish a presidential campaign that he started and had to drop out, instead of getting crushed in November, is a big reason why we're going to have to live (and perhaps try to survive) with a President Donald Trump again. With Elon Musk essentially serving as the President's underboss.

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