Here is video of Glenn Beck yesterday tracing the history of the so-called, "Fairness Doctrine," and the work of the Franklin Roosevelt created Federal Communications Commission (FCC).
The FCC was formed in 1934, and Roosevelt used radio to push his New Deal programs. Roosevelt would deny certain programs to go on the air, and the FCC required stations to put New Deal spokesman on the air two and three times a week.
In 1949, the FCC instated a policy that came to be known as the "Fairness Doctrine." Stations were required to give equal time to opposing opinions of controversial issues. As a result, many broadcasters just avoided discussion of controversial matters for fear of being fined.
This was rolled back during the Reagan Administration, and in 1987 the FCC dropped it. Conservative radio took off after that.
Democrats have been trying to find a way to reimpose the Fairness Doctrine, since Liberal Talk Radio has failed miserably.
Beck points out that the new code word by which the Fairness Doctrine may appear is "Diversity," and "Localism." These approaches would require stations to provide "diversity" in broadcasting, and provide enough time to "local community" matters.