On June 8, Federal Communications Commission (FCC) Chair Julius Genachowski agreed to wipe the Fairness Doctrine completely off the agency's books, even though the rule has been officially dead since 1987. House Republicans have long pushed to get the Doctrine off the rule books for good, and they've finally gotten their way.

From the time it was put in place in 1949 until its demise in 1987, the Fairness Doctrine required holders of broadcast licenses to provide the public with news and public affairs programming, and present opposing viewpoints on controversial issues. Back then, the airwaves were dominated by the "big three" networks ABC, CBS and NBC -- which broadcast over publicly-owned airwaves under licenses issued by the government. The idea behind the Fairness Doctrine was to keep broadcasters from monopolizing the airwaves with a biased viewpoint, and assure that those entrusted with the public airwaves broadcast a diversity of viewpoints on important issues.

Protesters formed a picket line on Thursday morning in front of University of Wisconsin-Madison’s Fluno Center for Executive Education chanting, “Housing for the needy, not profits for the greedy!”

About 100 people gathered with signs and noisemakers to protest the Wisconsin Real Estate and Economic Outlook conference, headlined by Gov. Scott Walker and Rep. Paul Ryan. The event was sponsored by several groups, including the Wisconsin Realtors Association (WRA). Walker received not only an endorsement from the WRA, but also more than $150,000 in WRA-related campaign contributions in the 2010 election cycle, according to the Wisconsin State Journal.