Originally posted by SevenEleven:so how sbst? I value your opnion too
I agree.
nationalising isnt it the same as communism?
Sg is almost one.
Originally posted by Clivebenss:Sg is almost one.
US also what. save AIG, save Citigroup and a host of other US companies. ironically China is acting like a capitalist country
Originally posted by mancha:you know what you are saying?
Nationalising the public transport system would be good for government pockets.
The government is against nationalising but for privatising, which is good for the share holders. I am a shareholder of SBS. I owned 5000 shares in the seventies for the purpose of bus pass. Now that 5000 shares has grown into 16040 ComfortDelgro shares and 1200 SBS Transit Ltd valued at about $28000, this does not include the dividends all these years.
So what are you saying?
or are you just whining erroneously?
Think of the big picture, my friend.
http://www.smrt.com.sg/investors/shareholders_information.asp
Take a look whose is on the board of director
Board of Directors
Koh Yong Guan, Chairman
Saw Phaik Hwa, President & CEO
Dilhan Pillay Sandrasegara
Halimah Yacob
Ho Kim Wai
Paul Ma Kah Woh
Ong Ye Kung
Bob Tan Beng Hai
Tan Ek Kia
Peter Tan Boon Heng
Halimah Yacob is the Deputy Secretary General & Director of NTUC and is responsible for Legal Services, Women and Industrial Relations in the Public Sector.
Isn't she in the news before, talking about how she helped workers who also used public transport?
So is public transport affordable now to workers?
This is a chance to sweep away PAP cronies that are entrenched in all these GLCs, who have no compassion for people and have only their own interest at heart.
Anyway, how many people own the shares?
High cost of living is killing everyone, isn't it better to let the gov step in and provide at least a breather for people who take-home pay is geting lesser because of transport cost?
Originally posted by mancha:you know what you are saying?
Nationalising the public transport system would be good for government pockets.
The government is against nationalising but for privatising, which is good for the share holders. I am a shareholder of SBS. I owned 5000 shares in the seventies for the purpose of bus pass. Now that 5000 shares has grown into 16040 ComfortDelgro shares and 1200 SBS Transit Ltd valued at about $28000, this does not include the dividends all these years.
So what are you saying?
or are you just whining erroneously?
personal gains r more important like pap
Originally posted by Askingyouto:Think of the big picture, my friend.
http://www.smrt.com.sg/investors/shareholders_information.asp
Take a look whose is on the board of director
Board of Directors
Koh Yong Guan, Chairman
Saw Phaik Hwa, President & CEO
Dilhan Pillay Sandrasegara
Halimah Yacob
Ho Kim Wai
Paul Ma Kah Woh
Ong Ye Kung
Bob Tan Beng Hai
Tan Ek Kia
Peter Tan Boon HengHalimah Yacob is the Deputy Secretary General & Director of NTUC and is responsible for Legal Services, Women and Industrial Relations in the Public Sector.
Isn't she in the news before, talking about how she helped workers who also used public transport?
So is public transport affordable now to workers?
This is a chance to sweep away PAP cronies that are entrenched in all these GLCs, who have no compassion for people and have only their own interest at heart.
Anyway, how many people own the shares?
High cost of living is killing everyone, isn't it better to let the gov step in and provide at least a breather for people who take-home pay is geting lesser because of transport cost?
If you knew who ran SBS, you would be in for more shock.
In initial team of govt officals tat tookover SBS from e private operators in 1970s were mostly army & MINDEF officers. Macham an army runned organisation.
I'm not too sure abt SMRT, but lots of people still own SBS shares till to this very day.
Seriously how much fares are u paying after distance fare?
and as what mancha has said,
WP is literally asking the govt to keep every single cent of the profits.
Originally posted by sbst275:If you knew who ran SBS, you would be in for more shock.
In initial team of govt officals tat tookover SBS from e private operators in 1970s were mostly army & MINDEF officers. Macham an army runned organisation.
I'm not too sure abt SMRT, but lots of people still own SBS shares till to this very day.
Seriously how much fares are u paying after distance fare?
You know so much, tell us lar.
Don't keep us in suspense.
Originally posted by sbst275:If you knew who ran SBS, you would be in for more shock.
In initial team of govt officals tat tookover SBS from e private operators in 1970s were mostly army & MINDEF officers. Macham an army runned organisation.
I'm not too sure abt SMRT, but lots of people still own SBS shares till to this very day.
Seriously how much fares are u paying after distance fare?
I don't know how much I'm paying but I do seem to top up more times than the past.
I should state in the first place that I am comfortable in the idea of gov taking over if the gov is opposition led.
There will be a difference if it is opposition led gov instead of PAP.
PAP likes to reward their own cronies with board of directors crap far too often.
Originally posted by Askingyouto:I don't know how much I'm paying but I do seem to top up more times than the past.
I should state in the first place that I am comfortable in the idea of gov taking over if the gov is opposition led.
There will be a difference if it is opposition led gov instead of PAP.
PAP likes to reward their own cronies with board of directors crap far too often.
I think you dun realise, then who's going to run e bus co? If you've realised, all these yrs it's either from e army or civil service which e cronies you're claiming.
a bus co easily has some 5800 bus drivers, it's macham size of an army div.
I think if as wat WP claims of nationalising, I think they'll soon keep e money into reserves instead of spending it on things like iris.
PAP or WP, they're politicians.
Originally posted by sbst275:
I think you dun realise, then who's going to run e bus co? If you've realised, all these yrs it's either from e army or civil service which e cronies you're claiming.a bus co easily has some 5800 bus drivers, it's macham size of an army div.
I think if as wat WP claims of nationalising, I think they'll soon keep e money into reserves instead of spending it on things like iris.
PAP or WP, they're politicians.
Things are wrong right from the start, and it seems like there's no turning back at all.
There's no one anyone can trust but yet dishonest people are still lurking around and enjoying it all.
Quite a quagmire.
I think the opposition parties should focus on addressing the high cost of living.
The Ah Kong companies are set up to house all the retired croonies from the house or green, blue and white.
So, what is the difference of it being nationalised ?
Times are bad.
Haiz.
Lim Hwee Hua forgot that nationalising can involve providing 4 buses per hour if SMRT only provide 3. The govt only needs to pay for 1.
Is she stupid? No.
What's the point of asking her whether can nationalise? She has no authority to make a new party position, she can just give a lame excuse.
The person who asked is the real idiot.
'I think the underlying motivation for suggesting that public transport should be nationalised is that it can be cheap.
+++++++++
Cheap? Being increasing over the years.
'I think the underlying motivation for suggesting that public transport should be nationalised is that it can be cheap.
+++++++++
Cheap? Being increasing over the years.
Originally posted by βÎτά:
What makes you think that a company operating under monopoly with savings in economies of scale will pass off savings to consumers?
Competition will only benefit consumers, monopolies will only benefit the owners of the monopolies.
Already with only 2 companies we have SMRT's irritaing advertisements singing to us.
Can you imagine what kind of advertising campaigns that waste $$$ we would have with MORE companies?
We also cannot think only of consumers....because we have a stake in the companies as well simply because we share the same economic space.
In any case, competition has the tendency to lead to over-produce if the companies compete in quantity, which is the case here, if we do not use the standard supply-demand and use instead game theories to predict outcomes which have proven to be rather accurate.
Aunty Hwee Hua like her other colleagues speak against anything that don't help them make more profits. This one also should be out of parliament. Please, as it is their transport fare system is benefitting the people. We keep paying more and more each year for them to carry on to reduce the frequency of buses even during peak hours. It is no value for money for the commuters to keep paying rising cost and get lousy service.
Some months back she responded heartlessly to risk arising in cyclists cycling in pedestrian pathway. Claimed nothing can be done about it and ask both pedestrians and cyclists to tolerate each other. Pay her millions to shirk responsibility, shit! Like that anyone of us also can take over her and get paid million.
Wherever she is contesting, residents please vote her out.
Claim our government is so efficient, why nationalize transport service not efficient?
Gosh, she has so many posts = so much $
Lim Hwee Hua is a Singaporean politician, currently serving as the Minister in the Prime Minister’s Office and appointed concurrently as Second Minister for Finance and Second Minister for Transport. She is also Serangoon Gardens MP.
Originally posted by alize:Claim our government is so efficient, why nationalize transport service not efficient?
Gosh, she has so many posts = so much $
Lim Hwee Hua is a Singaporean politician, currently serving as the Minister in the Prime Minister’s Office and appointed concurrently as Second Minister for Finance and Second Minister for Transport. She is also Serangoon Gardens MP.
it's proven in other countries tat it does not work
Originally posted by sbst275:
it's proven in other countries tat it does not work
Why do nationalized trains work but not nationalized buses?
MRT lines are nationalized, their operators aren't and the lines are drawn up by govt studies. As a result it works very well up to its capacity. If a private company only provides 8 trains per hour, can the govt fund a 9th and 10th? Can the same approach work for buses?
This means everyone will get a chance to board. The govt will determine crowding standards and if operators are not happy about losing money, why should the govt be so quick to use its power everywhere but not here?
We need to streamline traffic flow, not just limit cars. Why is going down Orchard Road quick but going in the opposite direction so slow? Because the roads are not rationalized towards public or any much transport. The same in towns.
The closest thing I've seen is the $36M Stamford Road tunnel, which doesn't help buses much because there was already a bus lane. I suspect ever since, re-laying roads has been a political suicide move.
We supposedly have the best paid, best brains in the govt to solve such problems.
Originally posted by alize:
Why do nationalized trains work but not nationalized buses?
MRT lines are nationalized, their operators aren't and the lines are drawn up by govt studies. As a result it works very well up to its capacity. If a private company only provides 8 trains per hour, can the govt fund a 9th and 10th? Can the same approach work for buses?
This means everyone will get a chance to board. The govt will determine crowding standards and if operators are not happy about losing money, why should the govt be so quick to use its power everywhere but not here?
We need to streamline traffic flow, not just limit cars. Why is going down Orchard Road quick but going in the opposite direction so slow? Because the roads are not rationalized towards public or any much transport. The same in towns.
The closest thing I've seen is the $36M Stamford Road tunnel, which doesn't help buses much because there was already a bus lane. I suspect ever since, re-laying roads has been a political suicide move.
We supposedly have the best paid, best brains in the govt to solve such problems.
simply, its too difficult for them to handle
They are only interested in profits for their fat bonuses and pay.
Originally posted by sbst275:
it's proven in other countries tat it does not work
its a matter of money and obligation