I was checking out Yahoo news today and came across an article they are posting from their "Shine" division.  It is written by an apparent novice, or rookie journalist.  I did the ole Homer Simpson when I read this.  Here is the link to the article:

http://shine.yahoo.com/channel/money/how-to-tell-a-work-from-home-scam-from-a-gem-179431/

 Read down through the 5th paragraph and you will see some garabage statement like this:  "Multi-level marketing, also known as pyramid schemes, are another work-at-home scam to avoid. Multi-level marketing can work when real products are sold through at-home parties, for example. But many just rely on people recruiting other people to pay into the scheme with few or no products sold. Stay away."

Here was my reply:  "Dory Devlin needs to get her facts straight before writing an article. Your comment "Multi-level marketing, also known as pyramid schemes, are another work-at-home scam to avoid." is one of the worst journalistic statements I have seen in a long time.

Pyramid schemes are illegal in all 50 states and most countries. MLM is not. There are some MLM companies that are less than scrupulous, but there are some that are exceptional. This is true in any industry, food, oil, health, technology, etc.

Your blanket statement (one of the sleaziest forms of journalism) is like saying, because Barry Bonds and Roger Clemens are cheaters, then all baseball players, and for that matter, all athletes are cheaters. Or, because one journalist makes unsubstantiated claims, then all journalists are bad.

Anyway, let me say two things: 1) The idea of this article is a good one, especially as people are looking for ways to make an extra buck in this economy. It just needs to be screened by a more qualified editor. 2) In case you're wondering, "no" I am not in any MLM company. I work from home, but do not participate in any such company. I just hate to see misinformation."

If you think it's a piece of garbage, let her know.  Post a comment on this blog and at the website above.

According to work-at-home guidelines, one should avoid home equity loans and in fact all those loans that cannot be considered secured loans, even if they are college loans.