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Two points/questions I'd pose here:
1. Are the signature requirements any more onerous on the third parties than they are on traditional political parties?
2. If a political party has so few followers/members that they can't meet the minimum requirements for being placed on the ballot, what purpose do they serve being on the ballot other than potentially swinging a vote to a candidate the majority of people don't want? If you can't meet the minimum requirements, how the hell do you expect to win an election?
The problem is: Denying access to more voters. If you can't even get on a platform and try to sell your point of view to the other voters out there that are not members of your party, what use is it to even have third parties? May as well prescribe a 2 party plutocracy. In either case, this is pretty scummy. I have no problem with mocking 3rd party votes, but denying them the right to even get on a ballot is pretty ****ty if they have thousands of members as it is.
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