Talk radio lost this federal election in two big ways. Its candidate, Republican John McCain, got creamed. And its most dedicated enemies, who want to trim talk radio’s sails, were massively empowered. Elements of the team of Presidentelect Barack “Hussein” Obama, as they were fond of calling him, and the expanded Democratic majority will move to remind broadcasters of a fundamental tenet of broadcast law. That is, that the airwaves do not belong to the station “owners,” as they call themselves, but to the people of the United States of America. The concept that station “owners” were mere licensees who...