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President Biden was widely criticized by conservatives on social media after warning in his final address to the nation of an “oligarchy taking shape in America.”
“That’s why my farewell address tonight, I want to warn the country about some things that I’m very concerned about,” Biden said in his farewell address Wednesday night. “And that is dangerous, and that is the dangerous concentration of power in the hands of a few ultra-rich people, and the dangerous consequences if their abuse of power goes unchecked. Today, an oligarchy is forming in America from a extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms and a fair chance for everyone to get ahead.”
“We see the consequences across America. And we’ve seen it before.”
Conservatives on social media quickly reacted to this comment with criticism pointing to billionaires who Biden has associated with over the years, including liberal mega-donor George Soros, whom he recently awarded the Presidential Medal of Freedom.
6 MILLIONAIRE DEM SUPPORT BIDEN DIDN’T MENTION WHILE CREATING A POLITICAL “OLIGARCHY”
President Biden, right, awarded George Soros the Presidential Medal of Freedom earlier this month. (Getty Images)
Fox News Digital previously informed about several billionaires who donated to President Biden’s re-election campaign last year, including Steve Jobs’ widow Laurene Powell 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 ‘threats to democracy’ ” said Republican Congresswoman Nancy Mace. published in X. “A fitting end to a presidency defined by guilt and failure.”
Mace added in another post: “Joe Biden discussing democracy, a free press, institutions and abuse of power in his final farewell speech is rich.”
President Biden delivers a farewell address to the nation in the Oval Office of the White House in Washington, DC, on Wednesday, January 15, 2025. (Getty)
“Joe Biden, who just awarded the Medal of Freedom to George Soros and gave his own son a free pass for all the federal crimes he committed over the course of a decade, now wants you to know that oligarchies are bad “, comments the conservative. Matt Walsh published in X.
“Yes, Biden, opponent of the rich and powerful … who just gave the nation’s highest civilian honor to … George Soros, Hillary Clinton, Ralph Lauren ($11 billion net worth) and Magic Johnson ($1.6 billion net worth),” which manages American Compass. editor Drew Holden published in X.
“Biden’s oligarchy warning, while it has merit, rings hollow from the leader of a party fueled by billionaires,” said former White House press secretary Ron Fournier. published in X. “The truth is that the moneyed class rules both halves of the corrupt duopoly.”
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President Biden delivers his farewell address to the nation from the Oval Office of the White House in Washington, DC on January 15, 2025. (Getty Images)
“Incredibly rich for Biden to warn about ‘concentrated power in the hands of a few rich people’ when his entire political apparatus has been fueled by Arabella Advisors and George Soros for decades,” said Republican communicator Matt Whitlock. published in X.
Fox News Digital reached out to him White House for comment, but did not immediately receive a response.
