Meet the Rich Texan Twentysomething Bankrolling His Own Super PAC

John Ramsey, a 21-year-old Stephen F. Austin State University student, has poured some $890,000 of his own money into a his super PAC, which supports "libertarian-infused conservatism."
Thu May 17, 2012 11:50 pm
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Meet John Ramsey, the 21-year-old millionaire and Stephen F. Austin State University student, who founded and funded his own super PAC with his inheritance.

Mother Jones’s Tim Murphy (who describes himself as a “Wannabe Texan” in his Twitter profile) introduces the broader world to Ramsey in a piece on the magazine’s website. Ramsey’s super PAC, Liberty for All, appears to be more than just a vanity project, as it has real financial heft drawn from Ramsey’s personal coffers. (Ramsey inherited an untold sum in the millions from his grandfather, who died in 2010, and he has directed $890,000 of that towards his super PAC.)

Ramsey (who remains nine credits away from his bachelor’s in economics), met Preston Bates, a babyfaced 23-year-old * former Kentucky Democratic state committeeman (who has also put his degree on hold), when they were both campaigning for Ron Paul in Iowa, Murphy reported. The pair incorporated Liberty for All in March.

The group and its precocious founders have been generating headlines in recent days for spending more than $540,000 on television ads supporting Thomas Massie, a Ron Paul-backed candidate and “an MIT-trained engineer turned anti-tax activist” who is running to replace retiring U.S. Rep. Geoff Davis in Kentucky’s 4th Congressional district. And their support of Massie, who was dubbed a “Tea Party darling” by the Associated Press, does not stop there: Liberty for All is also devoting dollars to canvassing and phone-banking, which most other outside groups are not doing, Murphy reported.

Ramsey and Bates hope to have more influence and staying power than other Ron Paul-focused super PACs. As Murphy wrote:

“We’re the only freedom organization that is focused on winning elections, plural,” Bates says. “They were focused on winning one election and that’s Ron Paul’s campaign. Our [goal] is to become an institution.” They’re hoping to create non-profit spinoffs devoted to voter education and candidate development. That would give the “Liberty movement”—the term of choice for Paul’s brand of libertarian-infused conservatism—the kind of infrastructure it currently lacks. “I don’t know of frankly any super- PAC that’s doing that,” Bates

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