President Biden's final address to the nation, where he cautioned against the rise of an "oligarchy" in America, drew sharp criticism from conservatives, who highlighted his associations with billionaires. In his Wednesday night speech, Biden expressed concern over the "dangerous concentration of power" in the hands of a wealthy few, suggesting it posed a threat to democracy and equal opportunity.
This statement triggered a wave of responses on social media, with conservatives pointing to Biden's connections with figures like George Soros, whom he recently honored with the Presidential Medal of Freedom. They also noted the substantial donations from billionaires to Biden's re-election campaign, including contributions from individuals like Laurene Powell Jobs and Eric Schmidt.
President Biden awarded George Soros the Presidential Medal of Freedom earlier this month. (Getty Images)
President Biden delivers a farewell address from the Oval Office. (Getty)
Prominent conservatives like Congresswoman Nancy Mace and commentator Matt Walsh criticized Biden's remarks, characterizing them as hypocritical given his relationships with wealthy individuals. Mace questioned Biden's focus on oligarchy while seemingly overlooking his own associations, while Walsh highlighted the perceived contradiction between Biden's warning and his awarding of the Medal of Freedom to Soros. Other commentators echoed these sentiments, suggesting that Biden's concerns about concentrated wealth lacked credibility given the financial backing he received from billionaires. Some even argued that both political parties are influenced by the wealthy, contributing to a corrupt system.
President Biden delivers his farewell address from the Oval Office. (Getty Images)
Fox News reached out to the White House for a response but did not receive an immediate reply.
