I understand that it is extremely annoying but -and I hate myself for saying this-if people want to be exploited-well, let them and just move on...
I used to think differently and fought arguments on behalf of the others-how it is not fair and blah ,blah...Plus, when I see this statistics on how in some countries you can live on one dollar and this is used as an argument....I don't even want to comment on that. But then, the same people whom I was defending claim that they are perfectly content with 56/cents(and if they are really, really good eventually- after couple of months of the hard work they get promoted to 1.50..) The client(who probably lives in mom's basement somewhere in US) -awards them for a good work...So it goes to show that they were right all along in their judgment lol...What a moral of the story! Yes ,I know the ad that you are referring to-I see it posted at least three-four times a week. I assume that it is also someone who subcontracts using the same market as an agency-being both client and freelancer on Odesk. It shows how people can go against their own interests because if they would not work for that wages-the "client "-subcontractor would have to do his/her own work and would not be able to keep or pursue all the first-hand contracts with clients who therefore, would then post the ads for new freelancers offering original price that subcontractor " the client" is paid for... And that original price is often 10-15 times higher than they pay to the freelancer who ends up doing their job ....And I mean ,don't reply-someone who offers one dollar is not worth of your two cents.