There would be nio point for RPs delegates to get behind newt or romney , they will promise the earth but they won't deliver on those promises.In the event of a brokered convention paul must say vote for me or i will just run third party.To hell with the establishment - noone but paul.
I suspect the campaign is more pragmatic than its supporters. I could be wrong. But what would you do in the scenario I posit where Mitt has 38%, Newt has 36%, and Ron has 19%? There are three basic options, assuming a deal isn't cut between the two frontrunners, in which case Paul gets marginalized.
Option 1: Support a Candidate
If Ron Paul throws his support behind a candidate with these numbers, he will essentially be able to win the nomination for one man or the other. Given the power of that position, he could demand whatever terms he wanted in exchange for that support, including a number of guarantees, such as public statements by the candidate in question on the policy positions or nominations. Whether he could support either candidate without his own base revolting is an open question.
Option 2: Force Convention to Decide
If no coalition is built that reaches 50%, then the delegates will largely be unbound, and the decision about the next candidate will be made at the convention. While Ron Paul would be a possible nominee if he could secure a majority of the delegates, any person including people who did not run may be considered. In fact, should this happen, I would expect someone new to be selected with the narrative being neither person could command a majority and the party needs to be united behind someone who is not damaged goods.
Option 3: Leave the GOP
Ron can always find a vehicle for a third party run, whether it be the Libertarian Party, Americans Elect, or as a true independent, though this decision becomes more difficult and constrained as the convention nears. It offers him complete freedom of message, but would be a nuclear option for both him and his son.
Under the following presumptions, I assume the deal will be cut. Even if it is made unhappily, it might be a good deal for Ron. Let's assume he makes the deal, and goes with Romney. Let's also assume supporters are pissed and don't vote. In that case, Paul makes nice with the party, sets Rand up well, gets more of his ideas on the platform, and the establishment person is likely defeated anyway because of defections to Gary Johnson and others, but the stink doesn't shift to Paul.
Short of a victory, it's a pretty good scenario really, though I suspect people here will just be screaming sellout. The problem with politics is you have to build coalitions, and whether people like it or not, it involves a hell of a lot of compromise. You can have the purity of being right, naturally, but that's why marginal parties perform as they do. Most people are more pragmatic, for better or worse.