FCC Fast-Tracks Soros’ Purchase of Second-Largest Radio Conglomerate

By Free Republic | Created at 2024-09-28 14:02:31 | Updated at 2024-09-30 11:40:45 1 day ago
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FCC Fast-Tracks Soros’ Purchase of Second-Largest Radio Conglomerate
Armstrong Economics ^ | 27 Sep 24 | Martin Armstrong

Posted on 09/28/2024 6:36:16 AM PDT by delta7

I reported earlier in the year that George Soros acquired a 40% stake in Audacy, America’s second-largest radio network with over 220 stations nationwide. The Federal Communications Commission (FCC) has approved the deal and is in collusion with Soros to help him “fast-track” the acquisition right before the presidential election.

Coincidence?

The three voting Democrats on the FCC board overpowered the two dissenting Republicans. Law dictates that foreign companies may not own more than 25% of US radio stations. They are not only making an exception for George Soros but helping him to bypass the law.

It typically takes a year for the FCC to conduct a national security review if not longer. This is the first time that the commission is blindly ignoring this regulation and permitting Soros to control the majority of US radio airways.

Some claim that the FCC was permitted to act in this manner due to Audacy falling into bankruptcy. Commissioner Nathan Simington explained to Fox News why this is untrue: “Commission leadership tried to approve the item at the staff level, with nothing but a 48-hour notice to Commissioners on a summer Friday. There is almost no factual record on the item because there was almost no attempt to do a real public interest analysis,” Simington continued. “Not a single Commissioner outside of the Chairwoman was invited to even think about the issue until staff was directed to handle it on our behalf without our votes. That’s the true ‘fast-track.’”

This will permit Harris and Walz to carry out their mass censorship goals seamlessly. The radio stations are a mere fraction of the media that Soros owns, but the FCC-backing shows that corruption comes from the top. Harris has repeatedly questioned the validity of the First Amendment by demanding that all dissenters be silenced.

We saw Walz drunk with power during COVID lockdowns when he set up a hotline to ask neighbors to report one another. There has never been a strong big government, pro-censorship duo on the US ballots. They both believe “misinformation” is a larger threat to the public than the failing economy, energy crisis, war — the list goes on. They need utter submission from the public, which will begin by removing our access to information or varying opinions.

George Soros will own the second-largest radio group in the nation. George Soros and his son Alex have said that their main focus was preventing a Trump victory. The FCC has become an establishment tool of propaganda that is actively working to silent conservative voices while pushing out the false narratives created by those on the left.


TOPICS: Crime/Corruption; Culture/Society; Government
KEYWORDS: soros

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America was so easily fooled by all of senile Joe’s narratives, now this.

1 posted on 09/28/2024 6:36:16 AM PDT by delta7


To: delta7

NPN. The Nazi Propaganda Network.


2 posted on 09/28/2024 6:39:18 AM PDT by FlingWingFlyer (The Jamaican/Injun "immigration" plan. Dilute and pollute until America is a third world sewer..)


To: delta7

Goodbye radio free America.


3 posted on 09/28/2024 6:41:16 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)


To: delta7

More censorship will ensue.


4 posted on 09/28/2024 6:43:40 AM PDT by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)


To: delta7

I would not be surprised if Soros get involved with buy up Alex Jones as well. He could use shell companies.


5 posted on 09/28/2024 6:43:42 AM PDT by Revel


To: delta7

The FCC fast tracks regulatory clearance of Soros’ accumulations of propaganda assets and slow walks Elon Musk’s SpaceX’ needed approvals for Starship rocket launches. The leftist globalists are engaged in “regulatory favoritism” and “regulatory warfare” depending upon who’s affected,


6 posted on 09/28/2024 6:44:15 AM PDT by House Atreides (I’m now ULTRA-MAGA-PRO-MAXted)


To: delta7

7 posted on 09/28/2024 6:44:48 AM PDT by PGalt ( Past Peak Civilization?)


To: delta7

What are the names of the democrats who “overpowered” the two weak Republicans? Let’s dox and shame them. Picket their homes. Protest at their offices. Harass them in public. Yeah, that’s what I thought.


8 posted on 09/28/2024 6:48:57 AM PDT by subterfuge (I'm a pure-blood!)


To: delta7

The three voting Democrats on the FCC board overpowered the two dissenting Republicans. Law dictates that foreign companies may not own more than 25% of US radio stations. They are not only making an exception for George Soros but helping him to bypass the law.

NEVER let a democrat in control of anything this is the result.


9 posted on 09/28/2024 6:50:42 AM PDT by Vaduz


To: delta7

Who tunes in to radio powered by leftist idiocy?

iHeart radio, if taken over by the left, will lose all their commercials, since the listeners will go elsewhere.


10 posted on 09/28/2024 6:57:19 AM PDT by adorno (CCH)


To: Huskrrrr

They tried this once before, people turned the liberal morons off, he will lose big time.


11 posted on 09/28/2024 6:58:54 AM PDT by boomop1 (term limits NOW)


To: delta7


To: delta7

The right should sue. That's what the Dems would do. Recently "a judge" revoked the permits to ship LNG from a terminalunder construction in Brownsville, TX a year after it was granted.

The claim is that the environmental impact statement didn't include Indian grouos. According to the census there are only 1,300 Indians in the whole county (of 430,000) and no reservations.

The right doesn't have the money or lawyers to persue stuff.

13 posted on 09/28/2024 7:00:09 AM PDT by Vlad0


To: delta7

“”foreign companies may not own more than 25% of US radio stations.””

What’s the foreign company involved here?


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