Tomorrow, transport groups intend to make a lot of noise against the continued rise of the prices of gasoline. Bishops have encouraged the people to support these groups. With one peso hikes almost every week, people are tired of it and want to demonstrate their disgusts against government.
Another rally is set on May 17, ten days before the expected "takeover" of government in the utility firm Meralco. While we are talking about this, government has allowed the diminution of its stake in Petron, a former government owned and controlled corporation, now privatized. I can understand this since privatization is really the policy of government right now. While they are privatizing the oil industry, government wants a reverse in the power sector?
Government should probably consider raising its stakes in Shell, Petron and Caltex to be able to have a say in how these companies run their operations. I mean, being intrusive at this point is understandable, since the very lives of the people are at stake here. Instead of further divesting in the oil industry, government should take the industry by the neck and squeeze every profit from them. That way, government can directly ease the suffering of the people.
One question though--will these rallies break the camel's back?
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