Well, the article cited is in the special category of tin-foil hats that makes for a fun read. A bit more critical thinking and logic shows that it is about the money, not the "mind control" - and it's big money we're talking about
In short -
The 700 Mhz auction netted the US Government - that's you and me, don't ever forget that - $18,957,582,150 (
link ) was the net from the auction, so less the claimed 2 Billion dollars, that's 16 Billion clear for our government, almost enough to pay Citibank's golf club bills for a year.
OK, so the government get 16 Billion.
But the current license holders just got a LOT more space to sell ads. Like 4 times the space. In the short run, this will depress earnings as a mass of ad inventory supply dumps onto the market and lowers ad placement costs. But in the long run, the hope is that there will be more programming over the air.
That's a lot of jobs and such in the ad industry.
Now, let's leave out that this is strictly related to Over the Air broadcasts (OTA), which only are used by 18% of the US population (the rest seem to want to pay to see commercials, how about that?).
Yes, there's the massive, massive replacement TV market, and there's the whole be nice to our Chinese buddies who supply all the crap we "need" as well as a lot of the stuff we actually need to live the lifestyle we expect as Americans. So, all in all, I see the sense of it all - monetize the airwaves, what a concept.