President Joe Biden used his last official speech as president to warn of the risks of “oligarchy” and “extreme wealth” to democracy, while the president chose Donald Trump is to start his moment with an administration full of billionaires.
“Today, an oligarchy is taking shape in America of excessive wealth, strength and influence that literally threatens our entire democracy, our fundamental rights and freedoms, and an opportunity on the front lines for everyone to move forward,” Biden said on televised from the Oval Office at the White House on Wednesday night.
Biden’s speech comes five days before Trump’s inauguration on January 20 and mere hours after Israel and Hamas announced they had agreed to a ceasefire in Gaza, an outcome that appeared to evade the Biden administration for months despite widespread opposition to the war among many Americans.
In his speech, Biden warned opposite to “a harmful concentration of strength in the hands of a few ultra rich people” and “harmful consequences if his abuse of strength is controlled. “
President-elect Trump’s incoming administration has at least 11 billionaires in official positions, according to the Democratic Party. They come with the world’s richest man, billionaire Elon Musk, who said Trump said the so-called Ministry of Government Efficiency.
Biden also warned that “powerful forces” threatened to undo his climate achievements, as unprecedented wildfires burn in Los Angeles, the second-largest city in the US.
Biden began his speech shortly by referring to the newly announced ceasefire agreement between Israel and Hamas in the Gaza Strip, which Israeli Prime Minister Benjamin Netanyahu partly attributed to Trump.
“After 8 months of negotiations through my administration, the fire and a hostage agreement through Israel and Hamas,” Biden said.
Biden added that while his team had negotiated the deal, he had told them to keep the “incoming administration fully informed” since it would be “largely implemented” by them.
When the fire claimed as an achievement of its presidency, many electorates in the 2024 presidential elections said they could not the Democratic party due to the Israel War in the Gaza Strip.
Biden, 82, left the disappearance for a moment after the electorate and his own party raised considerations on this functionality the first debate on the presidential elections opposed to the republican candidate of the time, Donald Trump, with the vice president of Biden, Kamala Harris, to dispute the presidency, and then waste opposition to Trump.
Biden used its final days to introduce a prohibition of a wide prohibition of pilling and herbal fuel in high seas that covers more than 625 million acres (253 million hectares), adding the “east coast of the United States, the United States, Eastern Gulf of Mexico “and portions of the” Bering in the North Sea in Alaska “.
This thought as an obvious resolution to avoid Trump’s promise to “unravel, the baby foret” for oil “the first day” of his moment.
Biden said in his farewell address that “it will take time to feel the impact of all we’ve done together, but the seeds are planted, and they’ll grow, and they’ll bloom for decades to come”.