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'Banker' who lends to the poor wins Nobel Peace Prize
The Times ^ | October 14, 2006 | Philippe Naughton

Posted on 10/13/2006 3:50:33 PM PDT by MadIvan

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This gentleman is spreading capitalism and thus lifting people out of poverty. Well done, sir!

Regards, Ivan

1 posted on 10/13/2006 3:50:34 PM PDT by MadIvan
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To: Mrs Ivan; odds; DCPatriot; Deetes; Barset; fanfan; LadyofShalott; Tolik; mtngrl@vrwc; ...

Ping!


2 posted on 10/13/2006 3:50:56 PM PDT by MadIvan (I aim to misbehave.)
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To: MadIvan

Well, I guess Cindy Al-Sheehadi wont be getting it..


3 posted on 10/13/2006 3:51:33 PM PDT by cardinal4 (Speaker of the House Nancy Pelosi..)
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To: MadIvan

For once you can be proud of your grandfathers people ;-)


4 posted on 10/13/2006 3:52:31 PM PDT by Eurotwit (WI)
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To: MadIvan

Indeed yes!

Thus poor ole Cindy Sheehan was left in the dust?


5 posted on 10/13/2006 3:52:38 PM PDT by VRWCTexan (History has a long memory - but still repeats itself)
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To: MadIvan

What does the delusional, self-appointed runner-up Cindy Sheehan get, a plaque?


6 posted on 10/13/2006 3:53:19 PM PDT by RegulatorCountry
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To: MadIvan

btw. Could you please put me on your list.

If you are back to stay that is :-)

Cheers,

Euro.


7 posted on 10/13/2006 3:53:26 PM PDT by Eurotwit (WI)
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To: VRWCTexan
Thus poor ole Cindy Sheehan was left in the dust?

Contrary to the voices in her head, she wasn't a finalist.

Regards, Ivan

8 posted on 10/13/2006 3:53:41 PM PDT by MadIvan (I aim to misbehave.)
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To: MadIvan

(It was won last year by the International Atomic Energy Agency and its Egyptian head, Mohammed ElBaradei.)

What a shame there are so many undeserving people who win this prize!


9 posted on 10/13/2006 3:54:36 PM PDT by winner3000
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To: Eurotwit
Yes - good point!

Bangladeshis in general seem to be dedicated and hard-working - aiming to better themselves under tough circumstances - too bad the same is not true for the Pallys in Gaza
10 posted on 10/13/2006 3:55:06 PM PDT by VRWCTexan (History has a long memory - but still repeats itself)
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To: MadIvan
The citation concluded: "Yunus's long-term vision is to eliminate poverty in the world. That vision can not be realised by means of micro-credit alone. But Muhammad Yunus and Grameen Bank have shown that, in the continuing efforts to achieve it, micro-credit must play a major part."

I wonder how our forefathers in the West ever accomplished what they did without micro-credit.

11 posted on 10/13/2006 3:56:04 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: MadIvan

Oh Boy...at least it wasn't cindy sh*thead... ;o)


12 posted on 10/13/2006 3:57:04 PM PDT by shield (A wise man's heart is at his RIGHT hand; but a fool's heart at his LEFT. Ecc 10:2)
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To: MadIvan

There is no such thing is as a finalist.

My political party in Norway nominated George Bush and Tony Blair. Ahlmark, the former politician from Sweden nominated Bolton, the UN ambassador. They were all included in a group of close to 200 nominees. Cindy Sheehan might have been one of them. Rumour is that Jimmy Carter nominated her.


Cheers


13 posted on 10/13/2006 3:57:36 PM PDT by Eurotwit (WI)
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To: MadIvan

This is cool news indeed. I did some think tank work with the guy who started GrameenPhone - providing cell phones to the poor in Bangladesh. He based his idea on the Grameen banks. Some people had the only phone in the village and made additional money by charging for calls, others used the phones for farm and other work-related information. It's turned into a real example of 'doing well by doing good.'


14 posted on 10/13/2006 3:59:18 PM PDT by radiohead (Hey Kerry, I'm still here; still hating your lying, stinking, guts you coward.)
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To: Moonman62
I wonder how our forefathers in the West ever accomplished what they did without micro-credit.

Who says they didn't have microcredit? You could take out small loans from general stores in the Old West.

15 posted on 10/13/2006 4:00:47 PM PDT by Alter Kaker ("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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To: MadIvan
The bank, which is owned almost entirely by its own borrowers...

Why that sound's like George's explanation about the Bailey Building and Loan when the run started and Potter was offering fifty cents on the dollar.

16 posted on 10/13/2006 4:07:18 PM PDT by Nomorjer Kinov (If the opposite of "pro" is "con" , what is the opposite of progress?)
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To: MadIvan

Good news bump!


17 posted on 10/13/2006 4:07:36 PM PDT by Right_in_Virginia
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To: MadIvan

Finally, it sounds like a good choice has been made. A little better than Arafat.


18 posted on 10/13/2006 4:10:13 PM PDT by doug from upland (Stopping Hillary should be a FreeRepublic Manhattan Project)
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To: MadIvan
This gentleman is spreading capitalism ..

Which is why I'm absolutely gobsmacked they got the prize.

L

19 posted on 10/13/2006 4:10:24 PM PDT by Lurker (Fear is the inspiration for stupidity.)
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To: MadIvan
U.S. Bankers - pay attention!(Wasted words.
20 posted on 10/13/2006 4:13:23 PM PDT by Apercu ("Res ipsa loquitur")
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