Ron Paul campaign released the official third quarter fundraising numbers today, and they are pretty impressive:
FOR IMMEDIATE RELEASE
October 3, 2007
ARLINGTON, VIRGINIA — The Ron Paul 2008 presidential campaign raised $5,080,000 during the third quarter of 2007. That is an impressive 114 percent increase from the second quarter.
Cash on hand for the Paul campaign is $5,300,000.
“Dr. Paul’s message is freedom, peace and prosperity,” said Paul campaign chairman Kent Snyder. “As these fundraising numbers show, more Americans each day are embracing Dr. Paul’s message.”
Ron Paul’s 114 percent increase is in stark contrast to the decrease suffered by Mitt Romney, Rudy Giuliani, and John McCain. Romney’s fundraising was down 29 percent. Giuliani was down 40 percent. McCain was down 55 percent.
In round numbers, $ 5,000,000 is nowhere near the money that’s been raised by Clinton, Obama, Giuliani et al, but it’s fairly impressive for a grassroots campaign.
David Weigel puts the numbers in perspective:
Here are Paul’s numbers quarter by quarter:
Q1: $639,889
Q2: $2.40 million
Q3: $5.08 millionSo he’s raised about $8.2 million and spent $2.9 million, a burn rate of around 35 percent. That’s a little lower than the burn rate for the frontrunning candidates—though if you’re a cynic you could ask why Paul’s investment hasn’t shown up in the polls.
A legitimate point, but it will be interesting to see how the MSM treats the fact that the Paul campaign has out-raised guys like Mike Huckabee and has more cash on hand than John McCain.
October 3rd, 2007 at 5:07 pm
Unfortunately it took segregationist Governor Wallace to reveal the truth that “there’s not a dime’s worth of difference between” Republicans and Democrats. The Democrats willingly went along with the War in Iraq, suspension of Habeas Corpus, detaining protesters, banning books like America Deceived (book) from Amazon, stealing private lands (Kelo decision), warrant-less wiretapping and refusing to investigate 9/11 properly. They are both guilty of treason.
Support the $5-million dollar man, Dr. Ron Paul and save this country.
As an aside, we must give credit where it is due, this blogger guessed the $5 million donation number right first:
Ron Paul Revolution
October 3rd, 2007 at 9:34 pm
[...] light of today’s report that he outraised every Republican candidate except for Giuliani, Thompson, and Romney, the [...]