ANNALS OF CENSORSHIP: FEC Dems lay groundwork to ban Fox, WSJ political coverage.

In their biggest threat yet to conservative media, Democrats on the Federal Election Commission are laying the groundwork to bar companies with even the tiniest foreign ownership from American politics, a move that could ban Fox, the Wall Street Journal and even the New York Times from covering political races or giving endorsements.

In a last-minute submission Wednesday, a top Democrat on the evenly split FEC proposed that the Thursday meeting of the commission begin the process to prohibit companies with foreign ownership as small as 5 percent “from funding expenditures, independent expenditures, or electioneering communications.”

Democratic Commissioner Ellen Weintraub said in her submission, “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.”

Under Weintraub’s proposal, entities that reach her foreign ownership target would conceivably be banned from advocating for a candidate’s election or defeat.

So they’ve gone full-blown McCarthyite now. And, no doubt, the rule will be carefully tailored to exclude Carlos Slim’s investment in the New York Times. . .