Thursday, July 14, 2011

Public Transport Companies

I am outraged that our so-called public transport companies are applying to have fares increased further, citing increased costs, when together they can actually declare a $215mil profit for last year.

How does this make sense? Then why call them public transport companies if the aim is to maximize profitability instead of public-spirited affordability?

They should be called publicly listed transport companies instead.

Where is the logic?

I hereby declare that I'm going to accumulate shares in these so-called public transport companies until my dividends can pay for all my so-called public transport costs.

Wonder if that's a wise move?

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