Texas Congressman Ron Paul files for GOP presidential bid

Ron Paul, the iconoclastic nine-term congressman from southeast Texas, took the first step Thursday toward launching a second presidential bid in 2008, this time as a Republican.

Paul filed incorporation papers in Texas on Thursday to create a presidential exploratory committee that allows him and his supporters to collect money on behalf of his bid. This will be Paul's second try for the White House; he was the Libertarian nominee for president in 1988.

Kent Snyder, the chairman of Paul's exploratory committee and a former staffer on Paul's Libertarian campaign, said the congressman knows he's a long shot.

"There's no question that it's an uphill battle, and that Dr. Paul is an underdog," Snyder said. "But we think it's well worth doing and we'll let the voters decide."

Looks like I'll be voting in the 2008 Republican Primary for President.