Sunday, January 19, 2025

Joe Biden Hates Tech Oligarchs

Today is Pres. Biden's last full day in office, and hia pArty has lost big tech:
President Joe Biden bid a not-so-fond farewell to Elon Musk, Mark Zuckerberg, and other members of the tech "oligarchy" he suddenly believes is threatening American freedoms.

"I want to warn the country of some things that give me great concern," he said in his farewell address on Wednesday night. "And that's the dangerous concentration of power in the hands of a very few ultrawealthy 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."

Biden went on to compare these tech oligarchs to 19th century robber barons, who were eventually brought to heel by federal legislators.

"More than a century ago, the American people stood up to the robber barons back then and busted the trusts," he said. "We've got to do that again."

Silicon Valley had been solidly behind Bill Clinton, Al Gore, and Barack Obama. No more.

It is still the case that most billionaires vote Democrat. And so do union leaders, government workers, and parasites. But those who are actually building for a better America are increasingly frustrated with the Democrats.

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