President Biden warns of 'oligarchy' as he bids farewell to five decades in politics
President Biden warns of 'oligarchy' as he bids farewell to five decades in politics
Joe Biden, who will be replaced by Donald Trump in five days, defended his legacy and the importance of American democracy in an Oval Office address
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Man worth 10 million dollars warns of rule by the rich.
I guess he would know.
(With all due acknowledgement that 10 million is chump change for the likes of Elan and Musky)
Dude 10 mil is like LA upper middle class
Hence "with all due acknowledgement" because I understand that 10 mil is nothing, comparatively.
But I also understand that, to the Amazon warehouse worker with a net worth of a few thousand, or the disabled person who isn't allowed to have a net worth greater than 2 thousand, 10 mil is a a fuck ton of money. You know, comparatively.
Y'all mfs are in the thousands? I can't save more than 500 bucks without the universe creating that exact amount in a surprise expense as soon as I've saved it.
Same! I have been able to save money exactly three times in my life, and every time I got to those points, either my car needed repairs for something or new tires, an animal gets sick and needs my immediate attention, or even my own health is at risk.
The universe has never treated me very kindly, although it does throw me some crumbs every once in awhile.
Just wanted to let you know you are not alone!
We should be rioting
I know. Most people are happy to be blissfully ignorant though, so the numbers would be very hard to get.
Yeah, hypothetically anyway. I technically count as being "in the thousands" because I own my home and car but I have no savings, no retirement, and have only 3 digits in my bank account which will go down to 2 digits soon enough.
That's the tricky thing about "net worth." It can be a very
descriptivedeceptive way of measuring things.Edit: is the autocorrect error why I was getting down votes? I can't figure out what else people would be objecting to :(
I'm pretty sure it still puts him in the top 5% of our population by net worth
For real, a couple of nice vehicles, a couple of properties, a business of 30-50 employees, and maybe a small team of domestic employees cleaners, sitters, contractors, security... thats what 10mil buys you. and im stretching it.
basically described my boss, minus the cleaners , sitters and security guards thing. (and his business is a modest sized car dealership..)
He's a guy that spent his entire career setting us up for this...
Remember when he helped make sure student loan debt couldn't be erased during bankruptcy?
Good times Joe. /s
Remember when Joe Biden pushed for crime bills to systemically arrest BIPOC so prisons never ran out of labor and "tough on crime" looks good to the media?
Classic Uncle Joe!