Has Facebook lost it with their Privacy Settings?

Has Facebook lost it with their Privacy Settings?  I say that because their are hundreds of thousands of users who are disgruntled with the way Facebook has their privacy settings.  I don’t blame them.  If you ‘like’ something or ‘comment’ on someone else’s photo or posting or even your own photo then it shows up on your friends thread.  This is not good!  Facebook is supposed to be the King of Social Networking and yet they can’t seem to get a feature that allows users to have more control.  Until they fix this, then Facebook sucks ass!

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