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PayPal Founders Throw Money To Paul Campaign

January 31, 2012 by  

Co-founders of the online payment company PayPal, which is currently owned by eBay Inc. have reportedly donated funding to Endorse Liberty, a Super PAC supporting Republican Presidential candidate Ron Paul.

According to Reuters, the PAC announced on Tuesday that PayPal co-founders Peter Thiel and Luke Nosek and Scott Banister threw in money alongside Internet advertising veteran Stephen Oskoui and entrepreneur Jeffrey Harmon, who founded Endorse Liberty in November.

“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,” Thiel said in a statement.

Endorse Liberty has reported spending about $3.3 million promoting Paul by setting up YouTube channels, buying ads from Google and Facebook and StumbleUpon and building a Web presence.

 

Sam Rolley

Staff writer Sam Rolley began a career in journalism working for a small town newspaper while seeking a B.A. in English. After learning about many of the biases present in most modern newsrooms, Rolley became determined to find a position in journalism that would allow him to combat the unsavory image that the news industry has gained. He is dedicated to seeking the truth and exposing the lies disseminated by the mainstream media at the behest of their corporate masters, special interest groups and information gatekeepers.

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