Staff Reports
The latest spectacle involving President Joe Biden and Senator Bernie Sanders provides a classic case of leftist hypocrisy that could easily rival a daytime soap opera. The duo recently took aim at what they call “oligarchs” in the tech industry, but it seems their definition of oligarchy is rather selective. Much like a restaurant menu full of delicious choices, they are only interested in the items they don’t particularly like, showcasing the inherent double standards of the left.
In an ironically choreographed dispute, Sanders captured the moment after a combative exchange with Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary. While Biden delivered a tear-jerking farewell address claiming that an “oligarchy” was threatening democracy – as if that wasn’t a word he had borrowed far too liberally – he singled out a “tech-industrial complex,” conveniently overlooking the fact that the Democrats themselves operate a similar machine, albeit with different players. This so-called complex, according to Biden, is failing to fact-check, leading one to wonder who’s really behind the misinformation.
Without a hint of self-awareness, Sanders fully embraced Biden’s banana republic rhetoric, listing off some of the wealthiest names—Jeff Bezos, Elon Musk, Rupert Murdoch, and Mark Zuckerberg—and insisting they were the poster children of oligarchy. Ironically, Bessent pointed out that these tech moguls built their empires themselves, a minor detail that flew over Sanders’ head like a poorly aimed dodgeball. Perhaps Sanders missed the memo that these individuals made their money by actually innovating and providing services that people want, rather than relying on government handouts.
Socialist Bernie Sanders was just thoroughly embarrassed by Scott Bessent.
Bernie echoed Biden’s statement about oligarchs gaining too much influence in government. It was a shallow dig at Elon Musk, who Bernie is obsessed with.
Bessent quickly reminded him of Soros, who got a… pic.twitter.com/8zp9wp2KEe
— Gunther Eagleman™ (@GuntherEagleman) January 16, 2025
The situation became even more comical when Bessent reminded everyone that Democratic billionaires like George Soros and David Rubenstein, who just walked away with a Presidential Medal of Freedom, would fit snugly into the oligarch category through Biden’s own lens. Sanders’ insistence that he wasn’t condemning any specific individual was met with eye rolls all around, considering he had just exhausted a good chunk of airtime to spotlight a few choice billionaires he opposes while conveniently ignoring his party’s benefactors.
The terms “oligarch” and “oligarchy” are poised to become the new buzzwords in the Democrats’ messaging strategy. The problem is that these words mean something entirely different from what the left seems to think. The definition of oligarchy, at its core, suggests a government run by the wealthy few, a description that now fits the Democrats like an old glove. They’re perfectly fine with maintaining a power monopoly—so long as they’re the ones calling the shots from behind closed doors.
The Democrats demonstrate a classic case of “you scratch my back, I’ll scratch yours,” eagerly accepting funds from billionaire donors who share their political alignments, while simultaneously decrying the wealth of those who contribute to their political opponents. In this inevitable backlash against the success of the Trump administration, it becomes glaringly evident that the left’s concern for oligarchy is remarkably selective. They don’t mind the concentration of wealth and power, as long as it’s firmly rooted on their side of the aisle. Expect the whining to continue until they rediscover a winning strategy or until they take back control, presumably without the imperfection of honest competition.
