It appears that Professor Muhammad Yunus with his "Poor Bank" is abusing yahoo answers by posting an advertisement as a question. And many more people are doing the same thing. Is this what yahoo answers is for or should advertising be prohibted?
Or are will be have questions like, "Is Cherrios with it's Heart Health benefits better for you than bacon and eggs?" which are (true) but clearly an advertisement?
Companies already pay people to send out "spam" emails. Will companies start paying people to ask questions on yahoo answers promoting their products?
Is that what you want? If not report the abuse!
2006-12-11 01:37:52 · 12 answers · asked by Anonymous in Society & Culture ➔ Community Service
For those who feel everyone else who has a different opinion then their own is "retarded" I was not endorsing Cherrios by using it as an example.
Also is burdening poor people with credit REALLY a good thing?
Doesn't VISA, Mastercard, American Express, and a host of other credit card companies TARGET poor people and people without income (students) to economically enslave them?
I realize that this "poor bank" offers no interest loans, but does it require collateral? Does it require repayment of any kind?
50 cents may not seem like a lot to us, but to a person in a country where $300 is the average income for a working family of 4, 50 cents is a large percentage of their income.
For a better understanding, apply the percentage to your income and be surprised at the credit burden these people will have.
My question was not to put the professor down, it was directed at EVERYONE who "advertises" on Yahoo Answers!
2006-12-11 04:13:10 · update #1
I realize that the professor says that no collateral is required.
As for what constitutes advertising:
"Find out more about how the Grameen Bank makes a difference:
http://www.grameen-info.org/"
Is that any different than:
"Find out how you can save money with a Credit Card go to www.creditcard.com"
Or
"Find out how you can be all you can be by visiting: www.armyrecruiting.com"
* NOTE made up websites
"In case of one-year loan, if the borrower fails to repay half the loan amount, with interest, within 26 weeks, entire unrepaid amount becomes overdue. In case of loans with longer duration, if the borrower fails to repay the total principal amount and interest scheduled to be repaid within each segment of 26 weeks, entire unrepaid amount falls overdue."
http://www.grameen-info.org/ october's report (latest available).
Also the "poor bank" apparently has life insurance policies on the borrowers!
Check out the website for the bank!
2006-12-11 04:23:50 · update #2
Life Insurance Fund (Cumulative) 15.1 MILLION!
No. of Deaths Among all Borrowers 87,802
Amount paid out from Life Insurance Fund 3.68 MILLION!
Not a bad racket! Get the poor to take out interest bearing loans with short duration (isn't that prohibited by the Quran?). Take out Group Life insurance policies on them. And when the poor die (as they seem to do daily) reap the insurance funds and make the family repay the loan!
2006-12-11 04:28:28 · update #3
hey....give him a break, he is a good guy, we need more that type of person
2006-12-11 02:09:24 · answer #1 · answered by manx4080 3 · 2⤊ 1⤋
No. I think that he was simply saying what thing he has done to help the poor of the world. I have not gone to the site link, but I don't get the impression that he is selling anything. It is more of a footnote of what was done. If you ask enough people, someone will take offense to it regardless of what it is.
At least its not like the moron who keeps posting "a great way to make $ on the net". Arguments can be made either way for it, but I don't feel as though it was. Which could make it the best advertisement--the one you don't even realize is an ad.
2006-12-11 05:18:09 · answer #2 · answered by ricks 5 · 1⤊ 0⤋
It's called PR not advertising. Advertising is overt and specific. PR is subtle, ubiquitous and more general in it's target.
Cheerios's 'heart healthy' label is actually an advertising gimmick strategically aligned with another PR strategy - The American Heart Associations campaign of 'heart healthy' labels that they sell in effect to companies like General Mills.
BTW: Firms already pay people to promote, mention, drop their names on social networking sites like this and others. It's called building 'buzz'.
However since Grameen does not have branches on every corner that could profit from this PR move, I would hesitate to say he is promoting Grameen as a business. It's more like he is promoting the idea of using social entrepreneurship models and micro-finance to reduce or eliminate social problems such as poverty - a worthy cause indeed.
So while it is definitely PR, it does not appear to be commercial in nature. Furthermore the elimination of poverty is also the economic empowerment of the masses and that is something that we should all celebrate. (PS: Maybe the poor are paying me to promote their interest! - Those scoundrels! ;-)
As far as your paranoid delusions about this being some kind of scam I am mystified. How does solving poverty threaten your existence?
2006-12-12 13:22:16 · answer #3 · answered by Solunas 4 · 0⤊ 0⤋
It's a featured question. That means Yahoo probably approached him and asked him to write a question that would stimulate thought. The information about Grameen bank is a small side note.
Claiming that this is merely an advertisement misses the whole point. Companies advertise in order to make more money. Professor Yunus is not trying to get people to buy into some scheme that will make him rich; he is fostering a program that teaches individual responsibility and initiative while reducing poverty.
Stop being so jaded and belligerent. He's not asking you to buy Cheerios. He's asking you to think creatively, to empathize with others, and to propose solutions of your own.
2006-12-11 02:41:13 · answer #4 · answered by magistra_linguae 6 · 3⤊ 1⤋
Well sure it was advertising, how is that bad? Of course, I don't actually think his proposal will work, what needs to happen is fundamental reforms where third world countries start moving over to capitalism. However, if he's under the impression that it'll work, I see nothing wrong with him advertising it. Same with the cheerios, if they are that good for you, then why the hell not? Tell people about it, so that their hearts may be healthier, and so that Steve Sanger can get another Lincoln in his driveway, should he be tasteful enough to be driving Lincolns.
2006-12-11 04:53:38 · answer #5 · answered by thalog482 4 · 2⤊ 0⤋
The such a lot solutions I've ever obvious on one query was once a bit of over one thousand, and a few superstar had requested it. I additionally regard the "truly men and women" aspect as fake promoting. A lot of men and women act extraordinary than they relatively are on right here as a result of the anonymity of the web.
2016-09-03 08:28:32 · answer #6 · answered by ? 4 · 0⤊ 0⤋
No wonder the guy won the nobel prize. We can all sit around and sing a song of who will help the poor pple but nobody is standing up and saying " hey, let me do my share of helping".
People are amazing, if you do stand up and do something then they are just showing off!!
Hey writer, what have you done for the poor in your community? Pls let us know and we wont say you are advertising.
2006-12-11 02:57:02 · answer #7 · answered by Nile Queen 3 · 1⤊ 1⤋
It is hard to tell. The "question" posed may be an ad, but, if it is, it is rather subtle. I did not find any words that urged the reader to do anything. Perhaps I am not reading enough between the lines
2006-12-11 02:28:12 · answer #8 · answered by fangtaiyang 7 · 2⤊ 0⤋
He is a good man and my husband and I have known him for a long long time. It is so sad that finally the world recognized his work. I urge you to visit him and his country,then You do not have to report him.
2006-12-13 18:15:03 · answer #9 · answered by ryladie99 6 · 0⤊ 0⤋
Charities have to be clever about how to get their message across, especially as they are faced with such fierce competition. I have no problem with it. You think Cherrios are better for you than bacon and eggs?? You really are retarded...
2006-12-11 03:13:58 · answer #10 · answered by ? 2 · 0⤊ 1⤋
No he is not advertising. He is trying to give a simple answer to poverty that we are too dumb to know and do ourselves. He is bringing AWARENESS.
2006-12-11 11:00:10 · answer #11 · answered by Black 4 · 1⤊ 1⤋