Wednesday, February 1, 2012

Ron Paul Super PAC gets funding from PayPal co-founders

Ron Paul
Republican presidential candidate Ron Paul is a man for principles and is popular because he advocates ideas of personal liberty, sound monetary policy and non-interventionist foreign policies. In addition, he opposes special interest favoritism and bailouts to banks.

Ron Paul is the only honest and non corrupt person among all the presidential candidates, republicans and democrats, and he does not ask corporate interests for campaign funds. His campaign funds, contributed by individual citizens, are not vast which puts him at a disadvantage to other well funded candidates Romney and Gingrich.

Reuter recently reported that a pro-Ron Paul super PAC has received some funding from co-founders of PayPal. People connected to PayPal in the early stages, co-founders Peter Thiel and Luke Nosek and Scott Banister, have donated to Endorse Liberty, a pro-Ron Paul Super PAC funding group.

According to Thiel, "Too often in this country we learn things the hard way ... With its unsustainable deficits, government spending is heading down the same path. Men and women who want freedom and growth should take action. A good place to start is voting for Ron Paul,"

Endorse Liberty was founded in November 2011. According to its website, Endorse Liberty is an alliance of entrepreneurs, inventors and creators who have come together to promote the cause of liberty as the founding principle that powers America.

Endorse Liberty is reported to have raised over $3.9 million to support Paul. They have promoted Ron Paul’s campaign by setting up YouTube channels, buying ads from Google, Facebook and StumbleUpon and building up a presence on the Web.

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Reference
Reuter: PayPal co-founders fund pro-Paul Super PAC
http://www.endorseliberty.com/home.php