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Ron Paul to Announce on Friday that He Will Run for President in 2012

U.S. Rep. Ron Paul of Texas is hoping the third time is the charm as he prepares to launch his third presidential bid. While he was the Libertarian nominee back in 1988, Paul ran for the Republican presidential nomination in 2008 and has his eye on the GOP nod again for 2012. According to Politico, Paul will announce on Friday during an appearance on "Good Morning America." Paul formed an expoloratory committee back in April.

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