It's a clear attack on free speech -- allowing people to censor others from saying truthful and accurate things about someone.
No it is not. It's (meant to be) a right to still have freedom and privacy even when you did something stupid you are very very ashamed of.
Even when you have your own quirky hobbies, religious beliefs, fetishes and other things that some people have no right to know about you in order to discriminate you in some sense.
Image you did something stupid when you were 14 years old. Like sipping from granddad's whisky and in a drunken voice shouted you love the KKK and started showing your genitals to everybody. Then someone recorded that and posted it on Facebook for all to watch. Everybody laughs, you feel ashamed. Everybody knows you made a fool out of yourself.
Now you are 28 and you want to have a nice job. You studied hard and have no criminal record. Then some job interviewer suddenly finds this facebook record...
This (very stupid) trend of allowing to post anything and everything is the main reason i don't want to have pictures of my kids floating around the internet. They are young and have no clue about the huge impact it will make in their lives. When they are very clearly aware of that, they should have the sole right to destroy their own privacy for themselves should they choose to do so.