Why Ron Paul isn't running for re-election: 4 theories

With the Texas libertarian opting out of another term in Congress, his 2012 presidential bid becomes an all-or-nothing gamble. What's he thinking?

Rep. Ron Paul (Texas)
(Image credit: Justin Sullivan/Getty Images)

Longshot Republican presidential candidate and all-around iconoclast Rep. Ron Paul (R-Texas) shocked everyone — including his own staff — on Tuesday by announcing that he won't seek a 13th term in Congress next year. After decades on the political fringe, Paul's influence in his party, and outside it, has grown exponentially since his 2008 run for president. This year, he was awarded the chairmanship of the House monetary policy subcommittee, giving him oversight of one of his signature targets, the Federal Reserve. Why retire at the top of his game? Here, four theories:

1. He's passing the torch to a new generation

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