Ron Paul Says 'American People Have Awoken'

Eying another presidential bid, Texas Rep. Ron Paul is telling Republican activists that "the American people have awoken" because Washington won't address the nation's fiscal crisis.

Paul ran for the GOP presidential nomination in 2008. He spoke Saturday to the Southern Republican Leadership Conference, a so-called cattle call of potential presidential candidates.

Paul brought to the event a large contingent of boisterous supporters. Following Paul's lead, they booed some traditional GOP policies that lead to government spending.

Says Paul: "The reason why the American people have awoken ... is because the country is broke and the people in Washington won't admit it."