I couldn’t agree with you more. I have been working in CRM technology for over 16 years and have watch the social media landscape change dramatically in the last two. I believe it is unfortunately the overwhelming growth in “so-called” MLM social media “GET RICH QUICK scams is a direct result of the 27 million Americans now out of work and desperate to simply pay their bills.

This can all be attributed to the “Global Financial Disaster” the “Banking Boys” and the “Government Leaders” (including congress of course) has created over the past 30 years.

America has had one financial scam after another unleashed on us by WALL STREET starting with the 80’s junk bonds and Michael Milken. For those who are not old enough to remember this just read “Liar’s Poker” by Michael Lewis. The author worked for Smith Barney he knew firsthand how they scammed investors.
Then of course in 1987 we had the DOW “Crash”. Which of course was a direct result Junk Bonds were out of control. The FED had to pull the plug on the “Market makers”.

Next up, the fabrication of the “Tech Boom”. I just happen to be working in Silicon Valley during this period and I watched it firsthand as the V/C’s and the infamous John Doer picked the best potential technology Start-Up based on “The PITCH”
Naturally, the V/C’s weren’t the only ones who wanted access to the enormous payouts these IPO’s were creating for WALL STREET. So of course the managers of the countries biggest pension funds wanted in on the deals and they got in.

It just went spinning out of control. Then the worst happened. Suddenly the day traders starting gambling their homes away until finally THE FED Alan Greenspan pulled the plug again on the Wall Street MARKET MAKERS. THE FED could not have the average Joe (who did not know a thing about what they were doing let alone Day Trading) refinancing their houses to keep off the margin calls.
SO once again A BUBBLE “CRASHES”.

It had to crash those start-up didn’t even have technology (we use to call it Vaporware instead of software)

Needless to say, THE FED wasn’t going to let that recession last two long (two many people on Wall Street and the “Banker Boys” had all their funds running 20% or higher gains every year for the past 20 years so they said keep rolling the dice.

But little did anyone know that someone out of nowhere, a local supervisor from San Francisco would end up causing the Sub-Prime crisis as head of HUD she convinced Clinton to push a bill through that changed the rules for lending to the “so-called” riskier lower income families so they could get a fair shot at owning a home.

Of course, one Liberal Democratic idea turned into a massive SCAM with mortgage companies suddenly appearing everywhere, but especially in FLA.

Before we knew it “GREED” was everywhere and people were in over their heads with the mortgage scam that created the “SUB-PRIME BUBBLE” And once again it went belly up.

Only this was the last frontier for the “Banker Boys”. No more scams to create. Banks were failing the system was crashing down. Too many years of unchecked “Loss Money” and Credit manipulations that were off the charts. They had nowhere else to go. BOOM. Now a major number of the 27 million unemployed people in American are suddenly social media experts that will make you a millionaire.

I’m sorry to say this mess has only just begun. So if you think the Social Media scams are a drag now just wait another year and you won’t be able to keep up with the crimes that will be perpetrated on everyone on FACEBOOK, TWITTER, and all the others.

MLM has been around since Mary Kay in the 60′s. Or AMWAY. Only these were honestly good companies. Ladies sat around and brought their beauty products and housewives brought their new vacuums. But, I am sorry to say those were to “GOOD OLD Days. Long gone and long forgotten.

All we have now is criminals moving onto the new big thing that they can manipulate others into ponzi scams that will never go away. So yes everyone should stick their heads out the window (just like in the movie Network) and Shout “I tried of this and I’m not going to take it anymore”

We need to take back our social networks to their original purpose simply put to share and enjoy the development of new and meaningful relationships as well as old friendships.

Please folks remember what Mom and Dad said “If it’s too good to be true” it ISN”T don’t get catch again. Whatever money you have left you better put it into storing up canned foods and supplies because the dollar will be worthless VERY SOON.

Good Luck and be careful with your limited resources.

Maureen