Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
60 Minutes Story
>
Reply to Thread
Message:
<p>[QUOTE="Troodon, post: 334667, member: 4626"]It's called concentrated interest vs. diffuse opposition, and it's why I wouldn't hold your breath waiting for the penny to be phased out. People who have an interest in the penny continuing to be minted have much more concentrated interest and political power, and are just plain more dedicated and involved, than those who want to see it dsicontinued, even though they might be in the majority. To put it in simpler terms, the people who want the penny continued care more than those who want it ended. They also have much more vested interest in it continuing.</p><p><br /></p><p>It's just the nature of American politics. Congress has to be the one to get rid of the penny if anyone will, and no Congressman will do something that will cost him votes if he can avoid it. Getting rid of the penny will get more dedicated unifued oppostion than no getting rid of it, thus costing any given congressman more votes than if he just lets the penny continue.</p><p><br /></p><p>No matter how logical it is to get rid of the penny, it's just not going to happen unless you can get A LOT of people tocare about it and form unified opposition. And face it, that's never going to happen.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 334667, member: 4626"]It's called concentrated interest vs. diffuse opposition, and it's why I wouldn't hold your breath waiting for the penny to be phased out. People who have an interest in the penny continuing to be minted have much more concentrated interest and political power, and are just plain more dedicated and involved, than those who want to see it dsicontinued, even though they might be in the majority. To put it in simpler terms, the people who want the penny continued care more than those who want it ended. They also have much more vested interest in it continuing. It's just the nature of American politics. Congress has to be the one to get rid of the penny if anyone will, and no Congressman will do something that will cost him votes if he can avoid it. Getting rid of the penny will get more dedicated unifued oppostion than no getting rid of it, thus costing any given congressman more votes than if he just lets the penny continue. No matter how logical it is to get rid of the penny, it's just not going to happen unless you can get A LOT of people tocare about it and form unified opposition. And face it, that's never going to happen.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
60 Minutes Story
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...