American ‘Oligarchy’ Decried by Biden Gained $1.5 Trillion in His Term
The 100 wealthiest Americans got more than $1.5 trillion richer over the last four years, with tech tycoons including Elon Musk, Larry Ellison and Mark Zuckerberg leading the way, according to the Bloomberg Billionaires Index.
Biden says 'oligarchy is taking shape in America' in farewell speech
As the three wealthiest men in America are set to attend President-elect Trump's inauguration, President Biden warned that an "oligarchy is taking shape in America" in farewell speech.
Biden Warns the US Risks Becoming an 'Oligarchy.' What Does the Term Mean?
President Joe Biden in his Wednesday farewell speech to the nation warned that American democracy was sliding into an “oligarchy” of tech billionaires
Biden warns of 'extreme wealth' risk to Americans
President Joe Biden warned Americans of a “dangerous concentration of power” in the hands of a “very few ultra-wealthy people” and the impact he feared it would have on the country’s democracy as he delivered a farewell address Wednesday from the Oval Office.
Biden warns that an oligarchy is taking hold in America. There is data to back him up.
Wealth disparity in the U.S. has grown since 2009, according to Fed data, with a significant increase in the share of the nation’s wealth held by the 238,000 richest people.
Biden in farewell address warns of an oligarchy taking shape in America
President Biden on Wednesday delivered his farewell address from the Oval Office. Biden used the address to highlight warnings for the future of the country, among them that a rising “oligarchy taking shape” threatens American democracy.
Biden warns US faces oligarchy as Trump looms over legacy
U.S. President Joe Biden warned on Wednesday in his farewell address that an American oligarchy is taking shape in the United States among a few wealthy people who have amassed a "dangerous concentration of power.
Carlos Slim, Mexico's richest man, to attend Donald Trump's Presidential Inauguration
Just a few days before Donald Trump's inauguration as the 47th President of the United States, which will take place on ...
CounterPunch9d
What Would Surprise America’s Rich in 2025? Not Getting Richer
The world is continuing to become colossally more unequal — with the United States leading the way. In 2024, wealth ...