In farewell address, President Biden warns of dangers of ‘oligarchy taking shape in America’ [Video]

President Joe Biden used his farewell address to the nation Wednesday 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.Watch Biden’s full address in the video player above.Speaking from the Oval Office, Biden sounded alarm over an oligarchy he said “is taking shape in America.” Invoking President Dwight Eisenhower’s warnings about the military-industrial complex when he left office, he added, “I’m equally concerned about the potential rise of a tech-industrial complex that could pose real dangers to our country as well.”His speech from the Oval Office was the latest in a series of remarks on domestic policy and foreign relations that are intended to cement his legacy. At the beginning of his address, he heralded a long awaited ceasefire agreement between Israel and Hamas, which could end more than a …