Tuesday, January 31, 2012

PayPal Co-Founders Fund Ron Paul Super PAC

Co-founders of online  payment service PayPal, now owned by eBay Inc, donated to a Super PAC funding group supporting Ron Paul, the group Endorse Liberty announced today.

PayPal co-founders Peter Thiel and Luke Nosek and Scott Banister, an early adviser and board member, put their support behind the Endorse Liberty Super PAC, 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.

Thiel, worth $1.5 billion, is ranked  833 on the Forbes billionaires list last year.

(thanks 2 Marco Chavez)


  1. Hmmmmm...

    Now things could get INTERESTING!!!

  2. The constant MSM refrain of "THe problem with Ron Paul is he is unelectable," is not meant for the 1 %. As soon as the big pockets get the idea that perhaps RP is not "UNelectable" as they've been told, then the snowballing should begin.

  3. Isn't Thiel a member of The Bilderberg Group?

    1. He is a Bilderberger.

      However if you go to his wikipedia entry and look at the causes he's supported it's clear he is no elitist so I don't know why he chooses to associate with such people.

      How many elitists would come out and say "I no longer believe that freedom and democracy are compatible"? Most of them prefer to sell the god that failed (democracy) with their left hand whilst they stuff their right hand full of government contracts and priveledges.

      He's supported Ron Paul in the past, financially supported Seasteading, muckracker James O'Keefe, various young entrepreneurs and is assosciated with quite a few libertarian 'think tanks'.

      He founded a libertarian campus newspaper at Stanford and I can only imagine that starting paypal and facing all sorts of shit from the SEC and other regulators only hardened his resolve against government.

      I think it's great he's now publically on board with Ron Paul.

  4. Anon 3:50pm

    Maybe, but money is fungible!

  5. Thiel also supports the seasteading institute (http://www.seasteading.org/). He definitely has a libertarian hearth.