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If it was dentists who were preying on the vulnerable, and a lot of people bleeding at the mouth, and dentists were not regulated, perhaps you would find it less than completely pertinent if one nice dentist wrote that she looked after her clients very well, and please, spare a thought for the good ones.
Are you required to say that your services are for entertainment purposes only? What other restrictions and obligations are you under?
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It's not quite the same...
When you're in the dentist's chair, you're vulnerable and you have little control over what happens. When you're getting a reading, you are in control. If a psychic tells you that you were abused as a child and you know it's not true, then you discard it and you don't go back. You may feel disturbed or angry, but you don't come out with injuries.
You're overlooking the fact that clients ARE in control of their lives, even if they appear to be addicted. Everyone has free will and must take responsibility for their actions.
Yes, psychics can get regulated and can state on their website that their readings are for entertainment purposes. Psychics are required (at least in the UK) to state that they're not genuine, which is sad but is a necessary precaution to take. Those who consult psychics are usually believers in psychic phenomena and see past those legal disclaimers The client knows that readings are clearly not for entertainment purposes - after all they are consulting the psychic because they believe the guidance is genuine!
And yes, we want to regulate the crooks and get rid of them, but good psychics should not suffer in the process or take responsibility for people who are in the habit of giving away their power.