Can Ron Paul Win in 2012?

The Texas Republican is running for president again.

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One more horse entered the race to face Barack Obama this morning when Texas Rep. Ron Paul announced his intention to run for the Republican 2012 presidential nomination on ABC’s Good Morning America. Paul unsuccessfully ran for the GOP nod in 2008, and he ran for president as an independent in 1988. So why run again? “Because time has come around to the point where the people are agreeing with much of what I’ve been saying for 30 years,” Paul said. “So I think the time is right.” [Check out a roundup of political cartoons on the 2012 GOP candidates.]

Typically outside the Republican Party mainstream, Paul has been described as the original (modern) Tea Partyer. In fact, one of the seeds for the popular movement was his record-setting 2007 fundraiser, held on the anniversary of the history Boston Tea Party, which raked in more than $6 million in one day.

Though he has won the Conservative Political Action Conference straw poll two years in a row, Paul is often disregarded in the media as an unserious candidate, but with his proven fundraising ability and the new popularity of many of his ideas, can Paul win?

What do you think? Is the third time a charm for Ron Paul’s presidential hopes? Take the poll and post your thoughts below.

--Mallie Jane Kim

This poll is now closed, but the debate continues in the comments section.

Previously: Should rapper Common have been invited to the White House?