The documents, which include harsh, prejudiced attacks against the black community, are evidence of a libertarian movement trying to find an audience.
So as Ron Paul is on track to win the Iowa caucuses, he is getting a new dose of press scrutiny.
And the press is focusing on the newsletters that went out under his name in the late 1980s and early 1990s. They were called the Ron Paul's Political Report, Ron Paul's Freedom Report, the Ron Paul Survival Report and the Ron Paul Investment Letter.
There is no doubt that the newsletters contained utterly racist statements.
Some choice quotes:
"Given the inefficiencies of what DC laughingly calls the criminal justice system, I think we can safely assume that 95 percent of the black males in that city are semi-criminal or entirely criminal."
"We are constantly told that it is evil to be afraid of black men, it is hardly irrational."
After the Los Angeles riots, one article in a newsletter claimed, "Order was only restored in L.A. when it came time for the blacks to pick up their welfare checks."
One referred to Martin Luther King Jr. as "the world-class philanderer who beat up his paramours" and who "seduced underage girls and boys."
Another referred to Barbara Jordan, a civil rights activist and congresswoman as "Barbara Morondon," the "archetypical half-educated victimologist."
Other newsletters had strange conspiracy theories about homosexuals, the CIA, and AIDS.
In 1996 when the Texas Monthly investigated the newsletters, Paul took responsibility for them and said that certain things were taken out of context. (It's hard to imagine a context that would make the above quotes defensible.)
When the newsletter controversy came up again during the 2008 campaign, Paul explained that he didn't actually write the newsletters but because they carried his name he was morally responsible for their content. Further, he didn't know exactly who wrote the offensive things and they didn't represent his views.
But it is still a serious issue. Jamie Kirchick reported in The New Republic that Paul made nearly one million dollars in just one year from publishing the newsletters. Could Paul really not understand the working of such a profitable operation? Reporters at the libertarian-leaning Reason magazine wrote that the author was likely longtime Paul-friend and combative polemicist Lew Rockwell.
Even though many of the newsletters are written in a first person, conversational style, many observers don't believe that Ron Paul actually wrote them.
There aren't any videos on YouTube with Paul speaking in incendiary terms about minorities. The newsletters don't "sound" like Ron Paul -- he doesn't do wordplay like "Morondon" or use prefixes like "semi-criminal" or "half-educated" in his speech or his recent writings. Further, most newsletter and direct-mail operations in politics employ ghostwriters.
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So why were Ron Paul or his ghostwriters engaged in racism and conspiracy theories? And why did Ron Paul allow this?
The first answer is simply that marginal causes attract marginal people.
The Gold Standard and non-interventionism have long been pushed to the fringe of our politics, and ambitious people tend to dive into the mainstream. That means that some of the 'talent' that marginalized ideas attract will be odd and unstable.
There are two strategies for dealing with this problem. You purge your movement of cranks to preserve credibility and risk alienating a chunk of supporters. Or you let everyone in your movement fly their freak flag and live with the consequences. Ron Paul, being a libertarian, has always done the latter.