An excerpt:
At its best, the blogosphere represents the ultimate in free speech by giving voice to millions. It is the Internet's version of Speaker's Corner in London's Hyde Park, a global coffeehouse where ideas are debated and exchanged.
The blogosphere also is the Internet's Wild West, a rapidly expanding frontier town with no sheriff. It's a place where both truth and “truthiness” thrive, to use the satirical word coined by comedian Stephen Colbert as a jab at politicians for whom facts don't matter.
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