The Hypocrisy of Freedom of Speech

I have just one question that sums up my point on the Freedom of Speech we supposedly have here in America and the question is:

If as American citizens truly have the right to free speech then can you explain then if we have total freedom of speech do we have the Federal Communication Commission (FCC) who is an independent agency of the United States government, created by Congressional statute to regulate interstate communications by radio,television,wire,satellite and cable.

Now the word regulate is used in place of Censorship which is the primary objective of the FCC, who dictate what and when we can say shit.

SO IS THAT REALLY FREEDOM OF SPEECH, FUCK NO ITS NOT.