Cyber Bullying and Hate Speech: Need for Laws and Regulations

The Internet has little or no regulation in America, while in other countries, issues like hate speech and copyright infringement have caused a new set of regulations to be enforced. In America, the first amendment and freedom of expression guarantees racist and bigoted groups the right to express their views.

Should America have regulations banning or regulating hate speech?
Similarly, hate speech and/or cyber-bullying are not regulated either. Should the federal government initiate laws and punishments for these online issues?
What if the cyber-bullying results in off-line consequences, like suicide?

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