TRENDING: Ron Paul foresees 2012 outcome

(CNN) - It looks like neither Mitt Romney nor President Barack Obama will land the endorsement of former GOP presidential candidate Ron Paul in this final hour of election 2012.

In an Election Day interview on CNN's "Newsroom," the Texas congressman said he won't back either candidate because he sees little difference between them. Follow the Ticker on Twitter: @PoliticalTicker

Check out the CNN Electoral Map and Calculator and game out your own strategy for November.

"I don't think there's enough difference between the two candidates, and I assume the victor today will be the status quo," Paul said. "We're going to continue with basically the same policies that we've had for a long time, so I don't see the election, as the way its turning out, to be very crucial at all."

Meanwhile, the candidates have argued the importance of the election and sparred in a series of debates. They have also battered one another on the airwaves, where millions of dollars have been poured into advertising in a handful of key swing states.

Paul ended his active campaign efforts in May as his path to the nomination appeared mathematically impossible, though his delegates to state-level political conventions - which decide delegates to the Republican National Convention - continued to push for his long-shot bid.

At the Republican National Convention in Tampa, a video tribute to Paul was played, and the former candidate held a separate rally in the city. "I'm convinced that we're living at the end of an era," Paul said, saying the moment "provides an opportunity."

In his CNN interview, Paul said he is not concerned with the amount of money being spent in politics.

"I think we should be shocked to know that people are willing to put that much money up. Not that they did, but why are they doing it? Why have they been hoodwinked into thinking that there's a real contest going on? That's what the real problem is," he said. "But the fact that people can spend their money and they want to invest in politics, that's fine."

Pressed by CNN's Brooke Baldwin, Paul said, "what's wrong is all this money is [it's] being spent to influence and control and own government, to be used for their benefit."

More:
TRENDING: Ron Paul foresees 2012 outcome