Ron Paul - $5 million dollar man - Open Knowledge — LiveJournal
Jun. 9th, 2007
11:18 am - Ron Paul - $5 million dollar man
I gave Ron Paul $50 a few weeks ago–it looks like I’m not the only one. I’m giving him another $50 this month.
GOP Ron Paul - Five Million Dollar Man?
Thursday, June 07, 2007 - FreeMarketNews.com
Congressman Ron Paul’s donations have moved up - not by hundreds of thousands - but by millions as a result of his debate performances and groundswell of support on the Internet and in New Hampshire, observers close to the campaign say.
The move is especially impressive since as of March 31, 2007, he had perhaps $500,000 on hand (see candidate estimates below).
FMNN had previously reported – after the GOP presidential debate in South Carolina - that candidate Ron Paul’s (R-Tex) donations, large and small, had nearly doubled.
Now observers close to the campaign are revealing – with some astonishment – that donations to the campaign in recent weeks have pushed the total up to perhaps $4 or $5 million.
“That’s a huge number at this stage,” says one observer. “That starts to put him in a position where he can compete – state by state, anyway – with the major candidates.”
And this source added, “Of course, it’s hard to tell because the numbers keep changing – and thus nobody at the campaign has a firm count, at least not hour to hour. But the numbers are big. It’s definitely over three, probably over four, and if it hasn’t hit five yet, it will soon.”
At this rate, say observers, Ron Paul could have something like $10 million in his coffers inside of several months, and the total could keep growing – so long as he continues to hit on themes that Americans support – how to return the country to a true, small government, constitutional republic and how to end the war in Iraq.
To be sure such amounts are somewhat speculative. But to put the amount of money Ron Paul is said to have raised recently in perspective, here are the figures of cash on hand for GOP candidates as of March 31, 2007: