"David Eduardo" wrote in message
...

"R J Carpenter" wrote in message
...
.

The FCC hasn't required applicants to even file fake income projections
for
a number of decades. Their policy is to allow as many stations as the
technical rules permit, and they've watered down the tech rules over the
years in order to allow more stations. Every Congressperson has had a
friend who wanted a radio station.

In any case, the income projections were intended to show that an
applicant
coulda fford to build and operate the station, not the overall ability of
a
market to support additional signals. It was called "Financial
qualifications" and had nothing to do with competition.

David, I think we are seeing the "glass" differently. I felt that the
station had to base their income predictions on what ads they thought they
could sell - if the needed income to show financial ability. You are saying
that justification of such a balance sheet wasn't required. I'll agree that
the FCC never questioned the figures in later years.

Bob C.