Source: Mission Report Summary of Operations March 2, 2010 – May 17, 2012 (Americans Elect, 20 August 2012), page 37. Percentages added.
Phi Beta Iota: Of the three rings in the Bloomberg Circus, only Americans Elect accomplished its mission, of killing any natural third party movement in 2012. Now, like a rug merchant, it has closed the books, sure to emerge with a new name, same game: scatter the opposition. As a spoiler, it worked brilliantly. As an earnest effort to reform US politics, it was corrupt to the bone. The technology investment has probably been sold by pre-arrangement to their political campaign firm, at a fraction of the cost of its creation (and it was not very good technology at all). 26% for salaries and honorariums, relatively nothing at all for actual substance. $2M for fund-raising –it would be interesting to see how much of that went toward tax-deductible extravaganzas for the core sponsors that needed no invitation, having conceived the project to begin with — the Koch Brothers, for example. Americans Elect did learn quite a bit about state-level electoral laws. The Electoral Reform Act with its eleven points remains the best developed alternative to the two-party monopoly, in part because it does not make the mistake of stopping with a third party candidacy, and instead seeks to transform the electoral process, infusing it with integrity.