Ron Paul Sees Fund-Raising Windfall on Debate Day
By MICHAEL D. SHEARRepresentative Ron Paul of Texas has none of the typical attributes of a successful presidential candidate, except one: he can raise money.
According to Mr. Paul’s Web site, his one-day “money bomb” aimed at collecting funds during Thursday’s Republican debate netted his campaign more than $1 million.
For a shoestring campaign like Mr. Paul’s, that will finance a lot. Mr. Paul does not have an army of high-priced consultants or a fancy campaign headquarters. One million dollars is sure to keep Mr. Paul in the campaign throughout the summer.
A self-described contrarian, Mr. Paul does not typically pander to the Republican establishment or the primary electorate. He says things that are unpopular with most Republicans (like his opposition to the wars in Iraq and Afghanistan). And he ignores the political dangers of talking about slashing social programs for the poor and elderly.
But that approach seems to encourage his supporters to open their wallets.
In December 2007, Mr. Paul hosted a one-day fund-raising event in Boston, tied to the anniversary of the Boston Tea Party. He raised more than $6 million.
According to Mr. Paul’s Web site, his one-day “money bomb” aimed at collecting funds during Thursday’s Republican debate netted his campaign more than $1 million.
For a shoestring campaign like Mr. Paul’s, that will finance a lot. Mr. Paul does not have an army of high-priced consultants or a fancy campaign headquarters. One million dollars is sure to keep Mr. Paul in the campaign throughout the summer.
A self-described contrarian, Mr. Paul does not typically pander to the Republican establishment or the primary electorate. He says things that are unpopular with most Republicans (like his opposition to the wars in Iraq and Afghanistan). And he ignores the political dangers of talking about slashing social programs for the poor and elderly.
But that approach seems to encourage his supporters to open their wallets.
In December 2007, Mr. Paul hosted a one-day fund-raising event in Boston, tied to the anniversary of the Boston Tea Party. He raised more than $6 million.
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