Well, now you can and it's not even that hard to do.
I'm going to show you the basic steps without going into too much detail (or this would be a very very long post)
Don't try to over-complicate this! You can have this website setup TODAY if you do it right and start to drive traffic very quickly. Remember, just try to get it setup - don't try to make it perfect you can worry about that later after you start getting traffic.
Step 1: Pick a good name. You want a name that is easy to remember and ideally 2 words or less.
Step 2: Setup a site with Wordpress and a clean theme. You want a theme that is 2 columns and fairly simple.
Step 3: Install a plugin that has social buttons, there are tons out there just search in the plugins directory in Wordpress.
Step 4: Now it's time to go get pictures. This part is simple, just grab pictures that are popular on other websites. Take Reddit for example, a lot of pictures make their way around Facebook after being posted on Reddit. If you look on Reddit everyday you can get the picture on Facebook before others see it on Facebook.
Some quick links to Sub-Reddits for pictures:
Step 5: Now that you have some pictures go make a Facebook page for your website. Your going to go to other fan pages in your niche and post pictures on their wall and comment on their posts. When you make comments make sure your doing it as your fan page.
Tip: Join large pages and be the first to comment on their new pictures if you join 10-20 and they are active pages you can get tons of traffic to your own Fanpage this way.
Step 6: Monetize your blog. Put up Adsense ads. Or find some good CPA offers. I suggest Adsense personally. There is a chance you can get banned but if you take a look at 9Gag.com you will notice two things. First, they do use Adsnese. Second, they post pictures that have previously shown up on Reddit and elsewhere. So obviously all that content is not original and Adsnese doesn't consider these posts low quality.
Step 7: Get more traffic. You can do this by submitting your posts to Stumble Upon, Tweeting on Twitter, submit your site to Reddit, Digg, and other social media sites.
That's all there is to it! Now go put up a site and 15 pictures and give it a shot. You can start getting traffic in a few hours. If you post the right pictures they can get shared hundreds or even thousands of times and you can get an enormous amount of traffic!
Twists: A lot of people are going to do funny pictures but you can twist this up and do it with anything! Look around Reddit and you will find other picture Sub-Reddits.
For example: Make a site with beautiful pictures and get pics from: reddit(dot)com/r/earthporn
Or one with quotes and get pictures from: reddit(dot)com/r/QuotesPorn
You get the idea, now go make some easy cash!