The FCC wants to regulate cable and satellite. Ordinarily I'd provide linkage but a quick search with your favorite engine will provide any info you need. To wit, a "Keen Eddie" episode is being held up as an example of what not to broadcast to the American public.
What's being lost are two technological innovations that the FCC has pushed, in order to prevent "the children" from being damaged by adult content. The first innovation is v-chip tagging, the ratings system designed to work with the v-chip so that parents can block programming that doesn't meet their familial guidelines, whatever that means.
Your TV, then, would block out all programs tagged as "SL/V" or "sexual language/ violence", for example.