Multi Level Marketing or does MLM really stand for "Mormons Losing Money.

Get-Rich-Quick Profiteers Love Mitt Romney, and He Loves Them Back

Mormon country is rife with miracle-cure peddlers whose get-rich-quick schemes have boomed in the recession. One of the biggest beneficiaries of their campaign largesse? Mitt Romney.
http://www.motherjones.com/politics/2012/04/mitt-romney-nu-skin-multilevel-marketing-schemes


Program airs today at 11 AM and repeats at 7PM.

Listen live on the net http://radiowest.kuer.org/post/high-price-multi-level-marketing

Looking for financial independence? Part-time work from home? In the August issue of Harper’s, Virginia Sole-Smith puts Mary Kay cosmetics under the microscope, and she says it’s a business that preys on desperate housewives with the promise of glamour and extra income. The reality of network marketing though is often sub-minimum wage, escalating debt and the pressure to recruit more people. Tuesday, Sole-Smith joins us, along with Stephanie Mencimer of Mother Jones, for a look at the high price of “easy” income.

If you really think about it, Joe Smith & the mormon church are the ultimate MLM scammers.

a MLM run like a corporation with a church in the store front.

Mormonism seems to be the perfect petri dish for growing mlm:

Greed. The people are strapped because of the 10% and the need to look wealthy because that is an indicator of their righteousness.

Gullible. No explanation needed here.

Group identity. The members feel a link to each other and an implicit trust. Affinity fraud flourishes in this type of networked system.

If there is no product, or if the product is just a distraction and the real activity of the company is recruiting other sellers, it is a pyramid scheme. Pyramid schemes don't add any value to our economy and due to the laws of mathematics, there is no way you can win.

I don't know if there is a direct relationship between Mormons and MLM schemes, but what I do know is that EVERY TIME I have been hit up by somebody who was trying to get me to join into one of these schemes, it has ALWAYS been an LDS person.


Without fail.