"I don't believe that one person can get elected and go to Washington, D.C., and radically change the Congress, but what I can do is begin to bring conservative ideas and incrementally get us back to some of these core principles that the Republican Party was so successful utilizing," Peden said.
All this does not mean that Peden -- who, while he said he is not a wealthy man, has put $150,000 of his own money into the race -- does not respect Paul.
A year ago, Peden wrote a laudatory letter about Paul and his decision to run for president -- a letter Paul reads at campaign events.
"I do believe he is a man of principle," Peden said. "I just don't agree with all of his principles -- the ones that oppose the war on terror are naive and dangerous and don't make us better and stronger as a country."
In a fundraising letter to supporters, Paul implied that the more traditional Republicans want Peden to win.
"The D.C. neocons think their old dream is about to come true," he wrote. "They think they can defeat me in the Republican congressional primary in Texas, March 4. And you know what? They may be right."