Tag #Wealth Inequality

abcnews.go.com
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Tech Billionaires' Prominent Role at Trump Inauguration Underscores Oligarchy Fears

President Biden's warning about a U.S. oligarchy will be starkly illustrated at Donald Trump's inauguration where Elon Musk, Jeff Bezos, and Mark Zuckerberg will be present, highlighting the growing influence of tech billionaires in American politics and raising concerns about wealth inequality and ...

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56% Bias Score

Reduced Inequality
foxnews.com
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Biden Warns of Oligarchy Amidst Billionaire Campaign Donations

President Biden warned of a growing "oligarchy" of extreme wealth threatening American democracy in a farewell speech, despite receiving substantial campaign donations from several billionaires, including George Soros, Reid Hoffman, and Michael Bloomberg.

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56% Bias Score

Reduced Inequality
lentreprise.lexpress.fr
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Biden's Farewell Warning: Oligarchy Threatens American Democracy

In a somber farewell address, President Biden warned of a burgeoning American oligarchy dominated by ultra-rich individuals and tech giants, jeopardizing democracy and essential freedoms, days before Donald Trump's inauguration.

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52% Bias Score

Reduced Inequality
abcnews.go.com
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Biden Warns of Oligarchy Threat in Farewell Address

In his farewell address, President Biden touted legislative wins but warned of a burgeoning oligarchy threatening American democracy, advocating for tax code reform, constitutional amendments to prevent presidential immunity, and addressing the rise of AI and a weakening free press.

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56% Bias Score

Reduced Inequality
lefigaro.fr
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Tech CEOs to Attend Trump's Inauguration

Elon Musk, Jeff Bezos, and Mark Zuckerberg will attend Donald Trump's inauguration on January 20th, signaling strengthened ties between the tech industry and the incoming president, despite past tensions.

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56% Bias Score

Reduced Inequality
edition.cnn.com
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Los Angeles Wildfires Expose Inequality in Disaster Response

Amidst devastating wildfires in Los Angeles, fueled by high winds, wealthy residents are investing heavily in private fire protection services, sparking public outrage over unequal access to emergency resources; while some spend thousands on fire retardants and private hydrants, others are exploring...

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56% Bias Score

Reduced Inequality
theguardian.com
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Biden Warns of Growing Oligarchy Threatening American Democracy

President Biden warned of a burgeoning oligarchy in the US, citing the concentration of wealth in the hands of a few as a threat to democracy and equal opportunity, echoing historical concerns about the undue influence of the wealthy on politics.

Progress

56% Bias Score

Reduced Inequality
theguardian.com
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Biden Warns of Ultra-Wealthy Threat to US Democracy

President Biden's final address warned that the increasing power of America's wealthiest citizens threatens US democracy; this coincides with reports of meetings between tech billionaires and Trump's incoming cabinet, raising concerns about potential conflicts of interest and power consolidation.

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60% Bias Score

Reduced Inequality
nos.nl
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Biden Warns of Oligarchy, Calls for Regulatory Reform and Constitutional Amendment

In his farewell address, President Biden warned of a dangerous concentration of power among wealthy individuals like Elon Musk and Mark Zuckerberg, comparing them to 19th-century monopolists and advocating for stronger regulations; he also called for constitutional amendments to limit presidential i...

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48% Bias Score

Reduced Inequality
faz.net
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German Household Assets Soar Amidst Growing Wealth Inequality

In Q3 2023, German household liquid assets surged by €200 billion to €9.004 trillion, fueled by increased savings (€73 billion) and asset appreciation (€124 billion), but this masks severe wealth inequality, with the top 10% owning over 70% of net assets.

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48% Bias Score

Reduced Inequality
smh.com.au
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Sydney Housing Crisis Deepens Amidst $3.5 Trillion Wealth Transfer

In Sydney, Australia, a $3.5 trillion wealth transfer from Baby Boomers to subsequent generations is exacerbating the housing crisis, disproportionately affecting Gen Z, and raising concerns about retirement security and wealth inequality.

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48% Bias Score

Reduced Inequality
elpais.com
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Tech Oligarchs Undermine Democracy: Musk's AfD Support Exposes Wealth's Political Power

Elon Musk's support for the AfD in Germany, revealed in a paid advertorial in Die Welt, highlights how tech oligarchs are manipulating democratic processes for personal gain, undermining traditional power structures and potentially destabilizing global systems.

Progress

56% Bias Score

Reduced Inequality