Declares candidacy for Republican nomination

Saying that he had been "pleasantly surprised" by the findings of the exploratory committee, Paul formally declared his candidacy for the Republican nomination on March 12, 2007, as a guest on C-SPAN's Washington Journal.

"We have lost our way and strayed from the free society our Founders secured for us in the Constitution, but there's no reason the principles that made us the greatest nation ever can't be restored," he said.

"We merely need to respect and follow the rule of law – the U.S. Constitution – and elect leaders determined to stand firm in its defense," he said.

Paul, 71, who ran for the office in 1988 under the Libertarian Party ticket, made his announcement on C-SPAN's Washington Journal program and immediately afterward filed paperwork with the Federal Election Commission.

“The American people now have a real conservative in the race for president they can support,” stated Kent Snyder, chairman of the Ron Paul 2008 committee. He added, “Congressman Paul has a long and consistent record of a true conservative; a record we are eager to put against any candidate for the Republican nomination.”

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