President Aquino was criticized for buying a pre-owned Porsche sportscar when a third of Philippine's population lives on less than P45 a day. The bachelor president sold his old BMW and took out a personal loan to buy his new car. His spokesman said that President Noynoy bought the car because it was already depreciated or else he wouldn't even consider of buying the car.
source:http://www.abs-cbnnews.com
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