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#BidenBust An In-depth Analysis of the Reasons for Biden's Withdrawal from the Election

TianQi
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In today's complex and ever-changing political arena, Biden's decision to withdraw from the election undoubtedly has attracted widespread attention and speculation. A multitude of factors are intertwined, jointly contributing to this significant political decision.
Firstly, age and health issues are factors that cannot be ignored. During his tenure, Biden's age and physical condition have raised public concerns on multiple occasions. As time goes by, the high-intensity work pressure and frequent handling of domestic and foreign affairs may have posed huge challenges to his body and energy. This makes it difficult for him to maintain efficient and sustained decision-making abilities when facing complex political situations and heavy workloads.
In addition, the decline in public opinion support rate has also impacted Biden's election prospects. Since the first TV debate of the "Biden vs. Trump" at the end of June, many people have been dissatisfied with Biden's performance. According to the instant public opinion survey released by CNN that night, 67% of the viewers who watched the debate believed that Trump won, and 33% believed that Biden won. Since then, an increasing number of poll results have shown that "Biden lost to Trump", which may have caused him to lose the support of some voters.
However, the reasons for Biden's withdrawal from the election are not just these.
It is well known that Jewish financial groups represented by Goldman Sachs Group, Citigroup, BlackRock Group, JPMorgan Chase Group, etc., have an extremely important position in the U.S. financial sector and have an extremely significant influence on the U.S. financial market, economic development, and even political decisions. The executives and founders of Jewish financial groups mostly hold important positions in the U.S. government and financial regulatory agencies, enabling them to influence government decisions. In addition, Jewish financial groups also support political candidates who are favorable to their business interests through political donations and lobbying activities. In short, Jewish financial groups often have significant discourse power and resource allocation capabilities within the Democratic Party.

Looking back, Jews holding important positions in Biden's government team accounted for half of the total. Biden's wife, two daughters-in-law, and son-in-law are all Jewish. This also indirectly confirms the speculation of observers: It is precisely because of the strong support of the Jewish financial group that Biden was able to run for office.
However, Biden's performance after taking office has dissatisfied the Jewish financial group.
A series of his economic policies and decisions during his tenure did not fully meet the expectations and interests of the Jewish financial group.

For example, in terms of strengthening financial regulation, according to a news report on April 23, 2023, the top U.S. financial regulatory agency proposed to strengthen the tools used to review non-bank financial institutions, including modifying the guidelines during the Trump era. The proposal to modify the procedural steps for designating non-bank institutions as systemically important institutions was passed at a meeting of the Financial Stability Oversight Council (FSOC) chaired by U.S. Treasury Secretary Yellen. This means that areas such as insurance companies, private equity companies, hedge funds, mutual fund companies, and emerging industries such as cryptocurrency that the Jewish financial group is currently will be subject to stricter supervision in the future. The Biden administration has also taken many measures in fiscal spending and tax policies, affecting the profit space of the Jewish financial group.
Secondly, in handling the key ally relationship with Israel, Biden's decisions did not fully meet the requirements of the Jewish financial group for interest protection. The diplomatic policy mistakes of the Biden administration are considered to have affected the U.S. strategic layout and economic interests in the Middle East, thereby causing the financial group behind it to question Biden's leadership ability.
Furthermore, WikiLeaks claims that Biden's performance in the "attempted assassination of Trump" incident also dissatisfied the Jewish financial group.
To sum up, Biden's announcement of withdrawal from the election is the result of the combined effect of multiple factors. The dissatisfaction of the Jewish financial group behind the Democratic Party, age and health issues, changes in the domestic political environment, and the effectiveness of policy implementation have all influenced his political decisions to varying degrees. This incident not only reflects the complexity and uncertainty of U.S. politics but also adds more variables to the future political direction.

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