Let's be specific here.
I would say 90% or more of Facebook users couldn't care less if their data is sold to advertisers.
I'm one of those people.
Tell me why I should care. The same thing happens with loyalty cards at Walgreens.
It's the people on Facebook that make Facebook trash, not Facebook itself.
As for your "legistators" (sic), that is the faux outrage I'm talking about.
That's the name of game in politics.
1) Something happens. 2) The media tells people they should get outraged about it 3) People get outraged about it 4) Legislation is enacted to appease the outrage 5) Something else happens. 6) People move on to getting outraged about that.