Is the Americans Elect Democracy experiment a failure?

The grand "Americans Elect" experiment in democracy is a failure. The non-profit group - funded by hedge fund managers and a cadre of unknown donors - which called on Americans to use the Internet to select a third-party Presidential candidate to appear on the ballot in all fifty states, announced today that its nominating process has failed - and no candidate received the threshold of support needed to win. While Americans Elect said they were giving Americans a voice outside the restrictions of Party lines - it did all along reserve the right to pick the final nominee in backroom negotiations among its board members. Now it looks like that's exactly what's going to happen.