Grass-root organizations sprang up in every state to help Perot achieve ballot access following his announcement on the February 20, 1992, edition of Larry King Live.
He worked extensively to free soldiers that he believed had been left behind, and even engaged in secret diplomatic talks with the Vietnamese government, to the chagrin of the Reagan White House.
He even pledged $2.5 million to support his presidential library, but the relationship soured after Perot was sent on a trip to Hanoi, and determined afterwards that the administration was not taking the POW/MIA issue seriously.
[16] He set up a phone bank at his office on March 12, staffed with volunteers to inform interested voters and supporters on how they could assist Perot's potential campaign.
[21] Perot spent $400,000 of his own money in the first month,[22] however, he largely spread this message via television, capped by a March 18 National Press Club speech, which aired on C-SPAN.
[28] A large segment of his support came from Reagan Democrats, entrepreneurs[2] and suburban conservatives deemed "Perot Republicans", who agreed with the central theme of his campaign, though they disagreed with his pro-choice stance on abortion.
As a result, Perot named retired Vice Admiral James B. Stockdale, who had been awarded the Medal of Honor for his actions during 7+1⁄2 years of captivity as a POW during the Vietnam War, as his "interim" running mate in late March.
[34] During an appearance on Larry King Live, Perot stated that he was closer to a decision on a potential campaign, and that he was willing to spend $100 million of his own money to finance it.
[36] His budget numbers were contested by Tim Russert on Meet the Press, during a heated interview, after which, a frustrated Perot considered dropping out of the race.
[37] In late April, Perot hired former Chicago Tribune editor James Squires as press spokesman to handle the large volume of interview requests from the media.
Speculation arose in the media that Perot would split the electoral college and force the United States House of Representatives to decide the presidency.
He discussed his three-part plan for balancing the budget, starting with a Congressional act to limit spending, followed by a cut in government waste, of which he would be more specific in coming weeks, and a reform of the existing tax system.
The New York Times reported that Perot sought the help of operatives to search court and federal documents to find information that might reflect poorly on the potential candidate so that preparations could be made to respond.
[51] At the end of the month, large nominating conventions were held in Washington and other states to put together the final pieces to include Perot on the ballot.
Perot addressed the conventions, largely made up of "well dressed, middle aged"[52] individuals, and spoke of improving the education system and restoring the America "where you leave the doors unlocked".
[53] In July, some of Perot's past actions, including a private investigation of the Bush family in the late 1980s, circulated in the media, causing frustration for the campaign.
[60] By mid-July, The Washington Post reported that Perot's campaign managers were becoming increasingly disillusioned by his unwillingness to follow their advice[61] to be more specific on issues,[55] and his need to be in full control of operations[61] with such tactics as forcing volunteers to sign loyalty oaths.
[68] Former advisors commented that Perot, who had achieved ballot access in 24 states, was unwilling "to spend money on things that mattered"[59] including Rollins' and Jordan's proposed $150 million advertising campaign,[69] was "obsessed" with his image, and lost interest in running after receiving negative press.
[74] These hints increased in September, as Perot looked to buy advertising time on the major networks to discuss his economic plan, which could only occur if he was a declared candidate.
Meanwhile, petitions for ballot access were approved in all 50 states,[75] and polls showed Perot still in double digits with 14% support, behind Clinton and Bush with 44% and 39%, respectively.
[79] Perot employed a massive marketing strategy, spending $34.8 million to buy half hour and hour-long segments on major television networks, memorably using charts to illustrate his ideas for the economy.
During the event, Perot discussed a wide range of issues including the budget deficit, education, and drug use and proclaimed that, as president, he would eliminate the influence of lobbyists.
"[87] After the debate, he ripped the media during a press conference, criticizing them for their use of "gotcha" stories and the lack of coverage concerning his opponent Bush's foreign lobbyists.
[89] CBS aired an infomercial on October 24 entitled The Ross Perot Nobody Knows, and two days later another was shown on ABC, preceding the kickoff of Monday Night Football,[90] which cost $940,000.
[94] The New York Times argued that the story could help Perot with voters and his overall image by presenting him as a man "who was willing to give up his goal to protect his family";[77] nevertheless, his lack of evidence drew criticism.
He held his final campaign event in Dallas outside his headquarters, and thanked his supporters, stating: "What you've been through hasn't been pretty, but by golly, you're taking your country back."
[30] Perot's performance satisfied the 5% popular vote threshold for non-major-party candidates, classifying it as successful under the criterion established by scholar Walter Dean Burnham.
[5] The legitimacy of this success has been questioned by scholars who dismiss the label of Perot as a typical non-major-party candidate, largely due to the availability of campaign funds and financing of grassroots efforts.
[119] After the election, Perot continued to work with "United We Stand", and focused his efforts to defeat the North American Free Trade Agreement (NAFTA).
During the election, he failed to appear in the presidential debates, and finished in third place with about 8% of the vote, behind Republican nominee Bob Dole and President Bill Clinton.