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People get confused about free speech and what it entitles them to.
It doesn't mean you can say or write anything you want on someone else's dime. If you work for IBM, you can't run around the office saying you hate black people and expect them to pay you. You'll get fired. Although you are free to run around on your own saying you hate black people.
Same with Youtube, you are free to make your own web server and post whatever the fuck you want (as long as it's legal), you just can't do it on their dime if they don't like it.
Slapass also makes a good point about trying to attract advertising.
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