How does it debunk me. It used to be serious issues were debated on tv by people from both sides of the question, and they were required to give equal time to both sides. I watched Tv in the 80's I know.
The FD never applied to news programs. It applied to the actual holder of the broadcast licenses, the local broadcast station itself. It never required equal time (that's a different policy), and it was easily satisfied by having the occasional off hour rebuttal, no more than 30 minutes say.
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It never regulated news.
Learn. To. Read.