Thu Jan 16 01:49:51 UTC 2025: ## Biden’s Farewell Address Warns of Oligarchy and Tech-Industrial Complex
**Washington, D.C. –** In a farewell address delivered from the Oval Office on January 15, 2025, outgoing U.S. President Joe Biden issued a stark warning about the growing influence of an “oligarchy” of the ultra-wealthy and the potential dangers of a “tech-industrial complex.” Biden, preparing to leave office after a single term, expressed deep concern about the concentration of power and wealth in the hands of a few, posing a threat to American democracy and fundamental rights.
Echoing President Eisenhower’s concerns about the military-industrial complex, Biden highlighted the potential for similar dangers from a burgeoning tech-industrial complex. He used his final address to emphasize a peaceful transfer of power to President-elect Donald Trump, while simultaneously raising concerns about his successor’s potential impact on American institutions and freedoms.
The speech, lasting approximately 15 minutes, also touched upon Biden’s legacy, including a recently brokered ceasefire between Israel and Hamas. While acknowledging the slow rollout of his domestic policies, Biden expressed confidence that their long-term benefits would be realized.
Biden’s presidency concluded differently than he had hoped. After an unsuccessful reelection campaign, he endorsed Vice President Kamala Harris, who lost to Trump in the November election. His final address capped a remarkable five-decade career in public service, during which he served as a senator, vice president, and president.
In a notable call to action, Biden advocated for a constitutional amendment to end immunity for sitting presidents, citing a Supreme Court ruling granting extensive protections to Trump. The address was witnessed by his family, including First Lady Jill Biden, and Vice President Kamala Harris.
First Piper 