Is it time to put a statute of limitations on stupid behaviour?

I am not arguing criminal actions, although many of those DO have statutes of limitation. I am talking about things we did and/or posted in the distant past, before we learned better. This cuts both ways, both parties.

Please provide an argument to back up your opinion. This one should interest us all.
Update: A sad lack of opinion on this one, even though all the talking heads have been yapping about it for a week. Maybe there is hope for America after all.
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