From the AP regarding the donations Ron Paul received yesterday:
Republican presidential candidate Ron Paul, aided by an extraordinary outpouring of Internet support Monday, hauled in more than $4.2 million in nearly 24 hours.
Paul, the Texas congressman with a libertarian tilt and an out-of-Iraq pitch, entered heady fundraising territory with a surge of Web-based giving tied to the commemoration of Guy Fawkes Day.
…
The $4.2 million represented online contributions from more than 37,000 donors, fundraising director Jonathan Bydlak said Monday night.
Astounding. The other candidates could only dream of such grass-roots support. To put this $4.2 million in perspective, Paul (I’m only speculating here, based on figures from the end of last fundraising quarter) could have as much or more cash on hand as Mitt Romney or Fred Thompson. And forget about John McCain and the other second-tier candidates – Paul just left them in the dust.
The next big Ron Paul moneybombs look to be scheduled for November 11 (Veterans Day) and December 16 (Boston Tea Party). The Veterans Day moneybomb will probably suffer from being so close to Guy Fawkes Day, but I suspect the Boston Tea Party moneybomb will be the biggest of all – the amount of momentum that Paul will have as he sweeps into the primaries is going to be awesome.
When will the MSM start recognizing Paul as the first-tier candidate that he is? Only time will tell.
November 7, 2007 at 12:45 am
It would be interesting to know the mean of the donations, their marginal distribution, how many individuals participated and, most importantly, how many of the donors have hit the federal election law ceiling on individual contributions, $2,300/candidate iirc.