Peugeot 504 - Politics

Politics

In November 2010. Iranian state television announced Iranian President Mahmoud Ahmadinejad was to auction off his 1977 Peugeot 504 to raise money for charity. The car is white with a sky-blue interior, and has covered only 37,000 km since new. The political significance of the car being a 504 is that it was used as a working-class status symbol to draw electoral support from the less well-off during the 2005 presidential campaign. The money earned from the sale at international auction is to be donated to the Mehr housing project, a network of cooperatives that provides affordable housing for low-income families.

Soon after being put on auction in January 2011, a bid of $1 million was received from "an Arab country". When the auction closed in March 2011, the final bid was $2.5 million.

Read more about this topic:  Peugeot 504

Famous quotes containing the word politics:

    “I have come to the conclusion that the closer people are to what may be called the front lines of government ... the easier it is to see the immediate underbrush, the individual tree trunks of the moment, and to forget the nobility the usefulness and the wide extent of the forest itself.... They forget that politics after all is only an instrument through which to achieve Government.”
    —Franklin D. Roosevelt (1882–1945)

    “His talk was like a spring, which runs
    With rapid change from rocks to roses:
    It slipped from politics to puns,
    It passed from Mahomet to Moses;
    Beginning with the laws which keep
    The planets in their radiant courses,
    And ending with some precept deep
    For dressing eels, or shoeing horses.”
    —Winthrop Mackworth Praed (1802–1839)

    “The real grounds of difference upon important political questions no longer correspond with party lines.... Politics is no longer the topic of this country. Its important questions are settled... Great minds hereafter are to be employed on other matters.... Government no longer has its ancient importance.... The people’s progress, progress of every sort, no longer depends on government. But enough of politics. Henceforth I am out more than ever.”
    —Rutherford Birchard Hayes (1822–1893)