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Regulators have restricted so much finance-related speech that people in the industry now have to lobby for the freedom to use Facebook, Twitter and LinkedIn like the rest of us. Or almost like the rest of us.
Speech regulation can make social networks dangerous for executives in other fields, too. Reed Hastings came under threat for boasting that Netflix had streamed a billion hours of video in one month.
How scared would you be if I said on this blog that you were a bad person? How about if I blogged, not for The Atlas Society, but for President Obama's reelection campaign?
Much more in the latter than in the former, I imagine, and with good reason: there's not much The Atlas Society could or would do based on my comment -- certainly not by comparison of what's within the power of a U.S. president.
A businessman was accused of "structuring" cash deposits of his income from farmers market sales, and now the federal prosecutor who took his money is accused of retaliating against the businessman for protesting to the press:
After Steve Cooksey was diagnosed with diabetes, he adopted a paleo diet and a caveman-inspired exercise regimen. He shed 78 pounds, stabilized his blood sugar, and was able to get off drugs and insulin. But after he started a business and a blog to help others follow the same path, his state government accused him of practicing dietetics/nutrition without a license -- a crime under North Carolina law.
Under ObamaCare, health insurers must in some cases send rebates to insured individuals. Under new regulations, the Wall Street Journal reports, they also have to emphasize to recipients that this money comes to them as a result of "the Affordable Care Act--the health reform law."