The FCC has approved a “fast-tracked” deal for billionaire George Soros to buy “more than 200 radio stations in 40 markets just weeks before the presidential election,” according to The New York Post.
Soros is a left-leaning globalist who has recently been fundraising for the Harris/Walz campaign.
Why would he want to own so much media and what’s more, why would the government skip over rules to allow it? Soros reportedly took foreign investment to make the purchase but “under existing FCC rules, foreign company ownership of US radio stations is not supposed to exceed 25%.” Soros asked the FCC to “make an exception to the usual review process” and the FCC complied! Why?
According to the Post,
“The FCC decision to fast-track his deal is the first time in modern history such a deal has been approved by the full Commission without first running the national security review process—a process that could take up to a year or more.
The Soros group says they will come back to the FCC at some point in the future to run that process.”
Suuuuuure they will.
