Ron Paul Suspends Active Campaigning in Future Primaries; Will Continue Delegate Strategy

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Republican presidential candidate Ron Paul announced Monday that his campaign will no longer spend money on future nominating contests due to lack of funds.

Ron Paul is the final challenger to Mitt Romney still running at all.

The Texas Congressman wrote the following letter to supporters:

Ron Paul Photo

"Our campaign will continue to work in the state convention process. We will continue to take leadership positions, win delegates, and carry a strong message to the Republican National Convention that Liberty is the way of the future."

"Moving forward, however, we will no longer spend resources campaigning in primaries in states that have not yet voted. Doing so with any hope of success would require tens of millions of dollars we simply do not have."

The 76-year-old Paul encouraged his legion of supporters to continue their efforts in the presidential race as well as down-ballot races across the country and stressed that he will continue working to win delegates.

"In the coming days, my campaign leadership will lay out to you our delegate strategy and what you can do to help, so please stay tuned," Paul wrote.

Two weeks ago, Paul and his supporters cheered the candidate's delegate wins in Maine and Nevada, but as Yahoo News reported, those wins didn't necessarily move Paul any closer to winning his party's nomination.

Paul has long touted a strategy to rack up delegates as a way to become a part of this summer's convention process, absent an outright win.

In any case, he is not dropping out of the race in the absolute sense, just no longer actively spending money in the remaining GOP contests.

How many delegates Ron Paul continues to win during state delegations and what role that gives him at the RNC remains to be seen.

Whatever happens, he's left an indelible mark on the race.

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@JC Be careful what you say! The eyes of Texas are upon you! As the old slogan goes, "Don't Mess with Texas"......big mistake!

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One thing is for certain. Texas is not going to be dictated to by a radical Government and that includes the one in office now! By the time Obama gets thru with you .... You will be begging for Texas or anyone else to come rescue your ignorant ass.

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Typical clueless and ignorant comments (which is not a surprise) coming from and out of Texas.

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Ron Paul is an Historian. Someone who understands freedom and the constitution. He wants Obama out of office as much as anyone does and when the time comes he will support Romney and proceed in taking our country out of this Communist Administrations hands. How the voters could have bought into this rhetoric is amazing.

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That's too bad Ron Paul's campaign can't get the financial support of the big corporations and big banks like Romney and Obama...but then, of course, he'd be a sell out, like Romney and Obama.