I fully support banning politics and the media from lying because they should be held to a higher standard
The problem lies in how such a law can be used; unless the law is weak it will likely be abused (but then its effectiveness will also be minimal).
If somebody has a track record of lying, it should be easier to prove subsequent lying.
Of course, then the potential for abuse is greater. It's about finding the right balance.
I fully support banning politics and the media from lying because they should be held to a higher standard