It is interesting to note that all public transport companies have reported huge profits. Making over $1million a day. True that they are public listed entities whose primary goal is to enhance shareholder values. But yet it is those elites who owns shares and well to do with plenty of money for equities investments.

What about the everyday ordinary folks who actually do utilise the public transport? I am not saying that these companies shouldn’t make a profit but in view of the hardship and the ever increasing rich-poor gap, a freeze in fares should be in place unless there are concrete proof that the stagnant fares have caused the company to lose money.

While I won’t mention names, but remember when one of these entities went and invest in a taxi companies buying new taxis only to have the taxi drivers driving all the taxis away. At the end of the day, they could only recover half of the newly purchased cabs. Wouldn’t this incident caused the company to lose money? Poor investment judgement rather than the price increment of oil eroded the profit of that particular company. Should the ordinary passenger pay for such inefficiencies?