Except not really. Google, despite what many might like to think, is not an "official" entity, it's a private company. They aren't disseminating information for the public good, whatever that is, but so they can slap an ad on it and make some profits. So what if Jo(e) Bloggs did something embarrassing a decade ago? If one of your friends was constantly bringing up things from years ago, you'd get tired of them doing so pretty quickly. Why should Google get to do it to make some money off of it? And what sort of gossip monger even wants this to be possible?