President Biden's final speech to the nation sparked controversy among conservatives on social media after he warned of an 'oligarchy taking shape in America.' In his farewell address, Biden expressed concerns about the concentration of power in the hands of a few ultrawealthy individuals and the potential consequences of unchecked abuse of power.
Conservatives quickly criticized Biden's remarks, pointing to his associations with billionaires like George Soros and donors to his re-election campaign, such as Laurene Powell Jobs and Eric Schmidt. GOP Congresswoman Nancy Mace accused Biden of attacking American citizens in his speech, labeling it as a culmination of a presidency marked by blame and failure.
Other conservative commentators, including Matt Walsh and Drew Holden, highlighted what they perceived as hypocrisy in Biden's warning about oligarchies while having ties to wealthy individuals. Former White House correspondent Ron Fournier noted that both political parties are influenced by the monied class, questioning the sincerity of Biden's message.
The speech also drew attention to Biden's recent award of the Presidential Medal of Freedom to George Soros and his son's legal issues. Critics like Matt Whitlock pointed out the perceived contradiction in Biden's stance on wealthy individuals given the support his party receives from donors like Arabella Advisors and Soros.
The debate surrounding Biden's farewell speech reflects broader political divisions and differing perspectives on wealth, power, and influence in American society. While some view Biden's warning as a valid concern, others see it as hypocritical coming from a leader with ties to wealthy individuals and donors.
