The Federal Elections Commission plans to ban certain media outlets with any foreign ownership from covering presidential races or even giving endorsements. A top Democrat on the evenly-split split board proposed that the group begin the process of prohibiting companies with foreign ownership as small as five-percent.
“Given everything we have learned this year, it blinks reality to suggest that that there is no risk of foreign nationals taking advantage of current loopholes to intercede invisibly in American elections. This is a risk no member of the Federal Election Commission should be willing to tolerate.” — Democratic Commissioner Ellen Weintraub.
Several media giants have at least five percent foreign ownership, some with as much as 25 percent, including News Corp, which owns Fox, the New York Post, the Wall Street Journal and The New York Times. Not only would this prohibit media from becoming involved, but politically active companies like Ben & Jerry’s would also be prohibited.
Adds a new level of meaning to the old 80’s Valley Girl saw: ‘Gag me with a spoon!”