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Ron Paul abandons White House bid News Team…

Maverick Republican White House candidate Ron Paul, a rival to his party’s presumptive nominee John McCain, has announced that he is dropping out of the US presidential race. Paul, a Texas congressman who rallied thousands of Americans around a message of minimal government regulation, a return to a non-interventionist foreign policy and the elimination of income taxes, announced the decision in a letter to supporters posted on his website.

“I am deeply moved and honored by your hard work and sacrifice on behalf of our cause,” Paul said, adding that “it is time now to take the energy this campaign has awakened and channel it into long-term effects to take back our country.” “What I see happening now is hardly the end of anything,” he said as he announced the launch of a “Campaign of Liberty” to help elect those who share his views.

In his Internet message, Paul said: “We have some exciting plans to move the revolution forward that will come together in the next several months.” “We don’t have to live in the kind of America the two major parties have in store for us.”

“Ron Paul worked to empower the people, not the government. That is a rare trait in today’s political world.” Paul wants the United States to quit the United Nations, NATO and the World Trade Organization. He has denounced the North American Free Trade Agreement with Canada and Mexico, and favors abolishing the Federal Reserve.

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