Maldives New President Sure Can Cut Back!

So the new President of the Maldives seems like a cool guy to me. Maybe a little bit TOO much "for the people/anti-establishment" then I'm used to seeing in heads of state, but you have to hand it to the man, he really knows how to keep a budget! The BBC has the full article here, but here's the bare facts for those of you on the go:
* The new President Mohamed Nasheed used to be a political activist, and was actually sentenced to prison 20 years ago by the very man he beat out in the election. (Yes, his predecessor was in power for 30 years.)
* The private yacht of the president is going to be auctioned off, possibly on Ebay.
* As for the President's private island: But the new administration wants to open everything up. There's already talk of turning Arah into a marine research facility or even a writer's retreat.
* He isn't staying in the Presidential palace as he finds it "too big", so there are suggestions of turning it into a museum or the country's first university!
* And best of all: "When we started this administration, the presidency was costing more than $150m (£105m) a year," he said. "This is something we simply can't afford. We've brought it down to $4m." "

Now there's some inspiration for Obama on running to help out the US economy!
Yeah I know, it's wishful thinking, but a girl can dream right? Oh yeah, did I mention that they're thinking of turning the president's private island into a writer's retreat? Sweet...