Why is it that the FTC - Federal Trade Commission claims to be protecting the consumer and then fails to look into the hype by online business blogging networks? It seems rather obvious that we have 100s of thousands of Internet Scams going on, all promising to make you rich with some online business secret.
Obviously, if they knew the secret they would be doing it themselves.
Indeed, maybe they do, and here is the secret; claim to have the best secret to making a million dollars on the internet and then sell it for between $19.
95 and $99.
00 to as many suckers you can find.
But first they have to find all those suckers being born every minute right? Yep, and they do this using online business blogging social networks.
Places where people congregate and congratulate and hype each other's so-called get rich quick programs.
Amazingly enough these types of websites are popping up all over the place, in fact, being an online article writer, I find them contacting me all the time.
Why? Well, because they want me to write articles and content and give it to them for free.
In fact, they do not even have enough money to pay me for them, yet promise everyone else that they have learned the secret to making millions.
If they had millions or knew the secret then they surely would not share it.
What is the FTC doing about this type of fraudulent, BS, Buzz Marketing social networking schemes? Not a darn thing.
Of course, considering their work on SPAM, Identity Theft and Oil Cartels, that should not surprise anyone.
The FTC has Failed-The-Consumer again!