Ron Paul isn’t a racist, but he’s shown remarkably poor judgment so far related to his old newsletters containing racially charged language. If you’re going to play in the Big Leagues, you have to play by Big League rules. His response to the newsletter issue so far has been completely Bush League.
If you’ve been hiding under a rock, here’s the issue. Back in the late ’80s and ’90s, Paul published a series of political newsletters as a moneymaking venture. They were written in his name, but he obviously didn’t write them. (I’ve ghost-written hundreds of pieces for clients in the past. It’s perfectly acceptable.) But some of the newsletters have racial language in them that I don’t find acceptable, and it’s hard for me to believe anybody else would.
The newsletters are aimed at a strongly conservative white audience. They paint the world in terms of good Christian white folks vs. the black “thugs” and gays who “hate Euro-American civilization and everything it stands for.” The framing of the issues is repugnant. In a direct mail piece advertising the newsletter, it goes far enough to forecast a “race war.” You just can’t come up with a good enough excuse to justify the content.
I think I understand what happened, at least from a political point of view. The people running the newsletter — which might or might not have actually included Paul — were targeting an audience of the Old Right, trying to build bridges between libertarian economic ideas and what those unreconstructed old-time conservatives already believed. Ever since the ’60s, various people have tried to build some sort of fusion between libertarians and existing groups. I see this as a misguided attempt to do that with the Old Right conservatives it was obviously written to appeal to.

We can’t have real freedom without also allowing discrimination
To become a ‘runaway slave,’ you have to free your own thoughts
You’re wrong! If you don’t agree, you’re just an evil, lying moron
What kind of savages are we today? ‘Pick ’em out and knock ’em out’
Far-left political idiocy is ruining remake of Disney’s ‘Snow White’
To see how I’ve changed over time, notice which women I’ve fallen for
Few things scare humans like the prospect of living, dying alone
We have a hunger for love just as strong as the need for food, water