Sometimes lobbying's less about convincing Congress of your client's case than about getting two minutes of its time. Coca Cola recently hired the Dewey Square Group to goad Congress into patching a few words in the 2005 $1 Coin Act, which requires vending machines on federal property and in federally-funded facilities to accept dollar coins. Coke's concern? The act's language was drafted to require the machines to dispense the coins. Since almost no snack and soda vending machines accept denominations larger than $1, it's inconceivable that a customer would ever need change in an amount equal to or greater than that.
But logically flawed or no, as of 2008, the Act will require Coke machines across the country to stock $1 coins in its change box, where they would be entombed forever more.
The coins "are only going to be taking space in these machines," says Stephanie Markiewicz, the Dewey Square lobbyist who is handling the matter for Coke. "And it accomplishes no federal policy purpose."
All that's necessary to fix the matter would be adding a few words limiting the dollar coin dispensation requirement to machines that take $5's $10's, and $20's. So why hire a lobbyist for such a simple wording change?
Well, take a look at the calendar. Markiewicz's job is to squeeze the matter in before the end of the session. And even without any opposition to the wording switch itself, that might be the sort of task that requires a bit of a fight.
What coke is forgetting is that a coke will soon cost $5.00 because of inflation. Then when it gets really crazy, we'll all be happy to ditch the dollar for the Amero.
Posted by: Tim | December 04, 2007 at 03:22 PM
I agree with Coke, why should a machine dispense $ coins when the product it sells is below a dollar, unless the fed discontinues the $ bills this requirement is fruitless and unecessary.
Posted by: mike | December 04, 2007 at 09:30 AM
Come on , several in the GA delegation would take Coke's call to fix this . What am I missing here ?
Posted by: Greg | December 04, 2007 at 01:36 AM
I agree with Coke on this. Coins are meant to circulate, not held in a pop machine that doesn't take over a $1 bill. Let's see some common sense at work in congress. I think I'll write my congressmen.
Posted by: Bob Runte | December 03, 2007 at 01:54 PM