"Rep. Ron Paul, R-Texas, whose outspoken libertarian views and folksy style made him a cult hero during two previous presidential campaigns, will announce on Tuesday that he’s going to try a third time.
Sources close to Paul, who is in his 12th term in the House, said he will unveil an exploratory presidential committee, a key step in gearing up for a White House race. He will also unveil the campaign’s leadership team in Iowa, where the first votes of the presidential election will be cast in caucuses next year."
Third parties are way too easy to ignore and the whole point of running to be highly visible. Many Republicans are easy to convince of libertarianism. Also if Ron wins the Republican convention, then it will be impossible for the media to ignore Ron Paul’s ideas.