No, i do not think it's a good idea.
If the president could control the flow of information in the internet, He basically can promote only the sites that are suitable to his Agenda and demoting the ones that don't.
This situation is very similar to a Tyrannical Government that forced its people into only thinking a certain way.
3) Nelson Mandela. Hope this helps (I would research him though just in case)
For something to have value, it must have utility, or the capacity to be useful and provide satisfaction.
Ok, is Earth flat or spherical? :)