$1.2 million wasted so far. Maybe they'll buy another blimp or two.
Pffft, that's nothing.
Thus far, $17 million has been wasted on Perry, ~$23 million on Romney, and, for a grand prize, well over $150 million on Obama.
You seem to miss the point. One of those three will actually be elected President.
It is you who has completely missed the point. For better or worse, Ron Paul is running on a platform of change for America. Those that agree with those proposed changes are funding his campaign. Paul is then using that money to argue the case for those changes. That simply isn't a "waste" of the money. That's participating in American democracy!
Calling participating in American democracy "silly" is purely ad hominem.