@treefish10.bsky.social
"Wall Street owns the country. It is no longer a government of the people, by the people and for the people, but a government of Wall Street, by Wall Street and for Wall Street," as Mary Elizabeth Lease put in 1892. It seems it is again a true statement.
January 16, 2025 at 5:17 PM
"Wall Street owns the country. It is no longer a government of the people, by the people and for the people, but a government of Wall Street, by Wall Street and for Wall Street," as Mary Elizabeth Lease put in 1892. It seems it is again a true statement.
After about a century, this topic has formally resurfaced. There will be a new chapter of battle between democracy (the 99%) and oligarchy (the 1%). And democracy will eventually win.
An oligarchy of the ultra-rich is tightening its grip, suffocating democracy under the weight of greed and a tech-industrial complex. Biden's farewell isn't just a farewell—it's a call to arms.
Biden warns in farewell address that an 'oligarchy' of ultrarich in US threatens future of democracy
President Joe Biden has used his farewell address to the nation to warn of an “oligarchy” of the ultra-wealthy taking root in the country and of a “tech-industrial complex” that is infringing on Americans’ rights and the future of democracy.
www.wamc.org
January 16, 2025 at 5:14 PM
After about a century, this topic has formally resurfaced. There will be a new chapter of battle between democracy (the 99%) and oligarchy (the 1%). And democracy will eventually win.