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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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  • Jim

    Where was Thiel when Reagan and the two Bushes put us 10 1/2 trillion dollars in debt????? If you people do something stupid like you did in 2000 then we deserve to to have another great depression… Do you folks ever stop and think of the consequences of what you do.Everything was going great in 2000 and you just had to put Bush in office. Well, we have paid dearly for it and will continue to for years to come. You just don’t want to face reality. It wasn’t President Obama who put us in this fix. It was YOUR REPUBLICAN KNOW-IT-ALL POLITICIANS. I can’t believe those idiots. “Elect us and we will cut your Social Security and your Medicare” What will it take for you to understand all they care about is the rich. They don’t give a tinkers diddle about working people nor the poor.

    • Cecil Brooks

      Jim, I fully understand where your coming from. Go into and you’ll see why people are starting to support him. This guy makes a lot of sense and he’s honest. You can’t buy this guy off and he really wants to help the American people. I my self haven’t voted for over 30 years but this guy is worth going to the pols for.

    • Joe H.

      Jim,
      i hear what you are saying, but the truth is Obama hasn’t done anything to improve the problem EITHER!! Can’t you see that it is time we get somebody in office that believes in this country and its constitution??? We haven’t had a true believer in the constitution for a loooooong time, bud and look at where we are today. Don’t be so quick to give all the guys BEFORE Bush a pass, either. The closest to a constitutionalist we have had in my life time of 61 years is Ike and he wasn’t anywheres near a true constitutionalist!!

  • Cecil Brooks

    They cut out Ron Paul’s web site on me in that last comment. Just go into his website and you’ll see what I’m talking about.

  • hoser

    Good move PayPal. I salute you!

  • Dave

    Ron Paul is the last hope for a chance to turn around the economic mess the country is in. Thank you Paypal.

  • newspooner

    Caution: PayPal is very anti-gun. Maybe it is the new ownership, but it is reality.

    • cawmun cents

      Sweat the small stuff,my mom always told me(sarcasm in its basest form).
      Everyone has their opinions.I rarely agree with them either.
      Meanwhile,back at the hoedown,or hootenanny,depending on which side of the fence you stand upon…….The Nation is crumbling into ruin!
      Glad to see that some businesses are coming to their financial senses.
      -CC.

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