Vague reports are circulating that Ron Paul is quitting his bid for president. He wrote this letter to supporters.
The way I read the letter, Paul is cutting back his campaign but intents to remain a thorn in the side for McCain. But Wonkette has a different take:
It is a tragic day for the Ron Paul ReLOVEution or whatever they call it. Late Friday night, Dr. Congressman Ron Paul posted a letter to his fans basically saying it’s over, but he will continue talking about his message, and plus it would be completely embarrassing for him if he also lost his congressional seat. Gather the children and vodka so we can mourn the American Revolution that was lost.
Wankette is particularly insightful when she notes that Ron Paul’s letter explicitly singles out “socialists” as the evildoers against whom he fights, while a good chunk of the 30 million he raised on the internet came from people with such leanings. Or so she says. Here.