Ron Paul's 2012 presidential bid continues to gain traction. Rival Republican candidate Michele Bachmann's Iowan campaign chairman, Kent Sorenson, quit Wednesday to endorse Paul.

When the Republican establishment is going to be coming after Ron Paul, I thought it is my duty to come to his aid, he said, reported Reuters.

In a statement, Sorenson, who still maintains his respect for Bachmann, listed the following reasons for supporting Paul:

- Paul is easily the most conservative top tier (i.e. Mitt Romney, Newt Gingrich and Paul) candidate

- Paul does not go along to get along and has consistently fought the establishment

- Paul will put what is right above all else

- Paul is the only candidate to have predicted the global financial crisis and Great Recession

- Paul is the only candidate who can balance the budget

- Paul has consistently spoken out against government spending, assaults on individual liberties and unnecessary trillion-dollar military adventurism for over 30 years

- Paul is the Republican candidate who can beat Barack Obama

- Paul opposes the money-printing of the Federal Reserve and defends the Second Amendment and Tenth Amendment

Indeed, Paul's platform is arguably the most similar (compared to Romney's and Gingrich's) to that of the Republican Party of Iowa.  

We declare that the government, namely the federal government, has grown too large, too intrusive and too oppressive... We therefore demand that the executive, legislative and judicial branches of government return to govern within their constraints clearly defined by the Constitution given to us by the founders in 1787 and further refined by the Bill of Rights in 1789, stated the organization.

Sounds a lot like something Ron Paul would say.