No Electoral College in 2012?

An excerpt from Fivethirtyeight.com:

The Wall Street Journal has an interesting piece on an ongoing initiative to remove the influence of the Electoral College. The initiative, called the National Popular Vote Interstate Compact, seeks to encourage state legislatures to pass laws requiring that their electors be allocated based on the nationwide popular vote, provided that a sufficient number of other states do the same. If states totaling at least 270 electoral votes (an outright majority of the total available) sign the Compact, it would become active, and this would theoretically guarantee (provided there were no unfaithful electors) that the winner of the popular vote would also win the Electoral College.

FiveThirtyEight: Politics Done Right: No Electoral College in 2012?

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