As much as fun as it is to beat up on Facebook, the problem lies far deeper than any social media platform, no matter how ubiquitous. Simply put, 20th century law is being used to regulate 21st technology. The source of that law, a Supreme Court ruling in a case called Buckley v. Valeo, is 41 years old. At the time of the decision, Microsoft was nine months old and based in Albuquerque, New Mexico, and the closest forerunner of what is now called the internet wouldn’t be developed for another seven years.