After sticking with his hopes for a shot at the Oval Office, it looks as though Texas Congressman Ron Paul is dialing down his campaign for president in 2012.
Paul sent an E-mail to supporters announcing that he is not planning on spending any more money in upcoming primaries, including the one in Paul's homestate of Texas.
"Doing so with any hope of success would take many tens of millions of dollars we simply do not have," the letter said. "I encourage all supporters of Liberty to make sure you get to the polls and make your voices heard, particularly in the local, state, and Congressional elections, where so many defenders of Freedom are fighting and need your support." [See a collection of political cartoons on the 2012 campaign.]
A recent campaign finance report reveals Paul has less than $3 million on hand.
And despite enthusiasm for Paul, Mitt Romney far outpaced the Texas Congressman in the race for the 1,144 delegates needed to win the GOP nomination.
The Associated Press estimates Paul has collected 104 delegates, compared to Romney who has 966.
Paul's message to supporters, however, was not one of total defeat. Paul encouraged his followers to continue spreading his message even though his campaign will cease campaign efforts.
"I am so proud of what we have accomplished," Paul said in the letter. "We will not stop until we have restored what once made America the greatest country in human history."
See the letter below.
Dear Liberty Activist,
As I reflect on our 2012 Presidential campaign, I am humbled by the supporters who have worked so hard and sacrificed so much. And I am so proud of what we have accomplished. We will not stop until we have restored what once made America the greatest country in human history.
This campaign fought hard and won electoral success that the talking heads and pundits never thought possible. But, this campaign is also about more than just the 2012 election. It has been part of a quest I began 40 years ago and that so many have joined. It is about the campaign for Liberty, which has taken a tremendous leap forward in this election and will continue to grow stronger in the future until we finally win.
Our campaign will continue to work in the state convention process. We will continue to take leadership positions, win delegates, and carry a strong message to the Republican National Convention that Liberty is the way of the future.
Moving forward, however, we will no longer spend resources campaigning in primaries in states that have not yet voted. Doing so with any hope of success would take many tens of millions of dollars we simply do not have. I encourage all supporters of Liberty to make sure you get to the polls and make your voices heard, particularly in the local, state, and Congressional elections, where so many defenders of Freedom are fighting and need your support.
I hope all supporters of Liberty will remain deeply involved - become delegates, win office, and take leadership positions. I will be right there with you. In the coming days, my campaign leadership will lay out to you our delegate strategy and what you can do to help, so please stay tuned.