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Biden warns nation about the rise of American tech oligarchs


“The truth is smothered by lies told for power and for profit.”

“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.” While he didn’t specify names, Biden’s oligarch remark likely refers to Elon Musk, who has landed himself a leadership role in a not-really-government-department of the incoming administration after spending an estimated $250 million of his own money to help get Donald Trump elected. On Monday, tech CEOs including Elon Musk, Jeff Bezos, Tim Cook, Sundar Pichai, and Mark Zuckerberg are expected to attend Trump’s inauguration, seated in a position of honor on the dais alongside former presidents and family members.

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