As was expected, Texas Representative Ron Paul made his formal announcement this morning on Good Morning America that he is officially kicking off his campaign for the Presidency in 2012.

Report from National Journal:

It’s official: Rep. Ron Paul, R-Texas, will seek the 2012 Republican presidential nomination, he announced Friday on Good Morning America.

“At this moment I am officially announcing that I am a candidate for president in the Republican primary,” Paul said. “Time has come around to the point where the people are agreeing with much of what I’ve been saying for 30 years, so I think the time is right.”

Paul, a mouthpiece for all things small-government, has made the presidential leap of faith twice before: In 1988, as the Libertarian Party nominee, and in 2008, as a dark horse Republican with incomparable niche appeal and formidable fundraising prowess.

This time around, voters can expect “serious changes,” according to Jesse Benton, Paul’s political director. “This campaign will be about a return to constitutional principles, and restoring what made America so great: sound money, a free market, and common sense in American foreign policy.”

Clearly from the comments received on this site, Paul’s 2008 supporters will be here this time around and then some. I can assume that given the small-government wave which is still churning up the voters, Paul could have a little larger backing this time around. Whether he can ride it to the nomination remains to be seen. Count me doubtful given some of his recent statements.