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In a symbolic farewell to a nation he has served for more than five decades and to an office that he is surrendering to a man he disdains, Biden branded the circle of President-elect Donald Trump as an oligarchy, a denunciation of the concentration of wealth that revolves around Trump and many of his advisers, informal and formal, who are billionaires several times over.
«After 50 years at the center of all of this, I know that believing in the idea of America means respecting the institutions that govern a free society,» Biden said.
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Here are the top statements from Joe Biden's speech:
- «We are a nation holding the torch of the most powerful idea ever in the history of the world—that all of us are created equal.»
- «Our system of separation of powers, checks and balances may not be perfect, but it has maintained our democracy for nearly 250 years.»
- «Together, we’ve launched a new era of American possibilities, one of the greatest modernisations of infrastructure in our history.»
- «Today, an oligarchic concentration of power is taking place in America that literally threatens our democracy.»
- «I’m equally concerned about the rise of a tech-industrial complex that can pose real dangers for our country.»
- «Like America, the Statue of Liberty is not standing still—she sways a
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