Ron Paul 'money bomb' brings in $1.3 million
January 16th, 2012
05:05 PM ET
2 years ago

Ron Paul 'money bomb' brings in $1.3 million

(CNN) - Ron Paul's campaign exceeded expectations this weekend, bringing in more than $1.3 million in its latest "money bomb" ahead of the South Carolina primary.

The Republican presidential candidate had set a goal of $1 million for the two-day, online fundraising marathon and now plans to extend the event through the week.

Tune in Thursday at 8 p.m. ET for the CNN/Southern Republican Presidential Debate hosted by John King and follow it on Twitter at #CNNDebate. For real-time coverage of the South Carolina primary, go to CNNPolitics.com and on the CNN apps for iPhone, iPad, Android or other phones.

- Follow the Ticker on Twitter: @PoliticalTicker

Contributors are allowed to donate up to the legal maximum of $2,500 to Paul's website, where a real-time tracker displays the amount of money as it comes in, as well as donor names.

His famous fundraising tactic in part helped the Texas congressman take in $13 million in the fourth quarter, far more than the $8 million he raised in the previous quarter.

But his numbers pale in comparison to Republican presidential frontrunner Mitt Romney, who reported raising $24 million in the last three months.

An American Research Group poll released Friday showed 20% of likely South Carolina GOP primary voters backing Paul, placing him third behind former Massachusetts Gov. Mitt Romney and former House Speaker Newt Gingrich.

Also see:

Paul scores sought after endorsement in South Carolina

DeMint: I will not endorse

Romney nabs Florida endorsement

FIRST ON CNN: Huntsman to drop out


Filed under: Ron Paul
soundoff (26 Responses)
  1. Larry in Houston

    I'm a Registered Democrat currently living in a Republican State for the last 6 yrs. As a 'transplant' from the northeast, I guess it will take me about 30 seconds in that Voting booth, since I plan on Voting a Straight Ticket. But, IF Ron Paul's Name is on the Ticket in November, believe me, I will vote for him. I think America should think about it, and think where this country will be, in 4 more yrs, it doesn't really matter whether our nxt prez is Romney / or if Obama gets re-elected, with a 15 Trillion debt, we're Sunk !! In the nxt 3 or 4 yrs, we will be in 'hawk' for around 18 Trillion. Otherwise this country needs to get behind Ron Paul. If Romney is on the Ticket in November, I guess I will have to Vote for Obama, because a Vote for a Democrat, is a vote for the People of this country. It really doesn't matter to me, because I've already paid my dues, since I am semi-retired now, worked at a factory for 28 yrs, and now drawing a pension, plus have a part time business. But I'm telling you folks, you better get behind somebody that is for the 'regular working class' people, otherwise, we're Sunk ! IF Ron Paul gets IN, then we can actually "save" our Dollar. Otherwise, I don't hear Obama or Romney or any of the others talking about trying to reduce or deficit or debt. They all want to "reduce" a Trillion , in 10 or 12 or 15 years. ( that's not going to cut it) Otherwise, we better be thinking about 2 or 3 dollars for a loaf of bread. ( this means our money will eventually be worthless) Or they need to come up with another monetary system, in this country.

    Larry in Houston

    January 16, 2012 05:11 pm at 5:11 pm |
  2. Jon

    It ain't over yet....my contribution is coming tomorrow when I get paid.

    January 16, 2012 05:13 pm at 5:13 pm |
  3. ghost of truth

    And the top donors to Ron Paul are active duty military people.
    Compare that to
    Obama: Goldman Sachs
    Romney: Goldman Sachs ;)

    January 16, 2012 05:19 pm at 5:19 pm |
  4. Michael

    Top Contributors to Romney – Goldman Sachs
    Top Contributors to Obama – Goldman Sachs
    Top Contributors to Paul – US Military and Veterans

    nuff said!

    January 16, 2012 05:25 pm at 5:25 pm |
  5. Juan Viche

    google Teknosis Many people who watch this video change their vote

    January 16, 2012 05:26 pm at 5:26 pm |
  6. CatLib

    Real leaders lead their followers for the GOOD cause!
    Go Ron Paul!!!

    January 16, 2012 05:27 pm at 5:27 pm |
  7. peakarach

    Democrat for Ron Paul 2012.

    January 16, 2012 05:29 pm at 5:29 pm |
  8. Tim

    Ron Paul is simply a man of great courage and character. The GOP is otherwise a neo-con disgrace.

    January 16, 2012 05:29 pm at 5:29 pm |
  9. xxixpines

    @ Larry in Houston

    A good loaf of bread (not the mass produced pap) is already over three dollars.

    January 16, 2012 05:36 pm at 5:36 pm |
  10. Pete

    For all those that want "Hope and Change".............. You voted for the wrong guy in 2008, RON PAUL is the only person that can change the country for the better.

    The rest of the GOP candidates are big government, corporate shills, they are the SAME as Obama....they're frauds, puppets, and liars.

    January 16, 2012 05:37 pm at 5:37 pm |
  11. TIM CAVANAUGTH

    it pales in comparison to romney because real people donate to dr paul!!!!! real people fighting for their childrens and grandchildrens futures!!!! romney has all of the wall streeters that he owes favors to donating!! dont you people have the brains to figure that out?

    January 16, 2012 05:38 pm at 5:38 pm |
  12. Juanito1

    Democrat from Chicago of all places!. Voted for Obama last election, but even he turned out to be a front for big foreign banking. Ron Paul is the man, he radiates sincerity, patriotism and common sense . RP2012!!!

    January 16, 2012 05:39 pm at 5:39 pm |
  13. PS

    The only guy that has any real support as opposed to corporate sponsorships.

    January 16, 2012 05:43 pm at 5:43 pm |
  14. Dewayne

    Life long Republican that will be leaving the party if they keep up their unfair practices against this man. The latest idiotic attack I've seen is accusing him of excessive spending on airfare. WOW....they are getting nervous. Why not mention how much he will be saving this country by refusing his government pension returning his congressional allowance back to pay off our debt? South Carolina....bring it home! We can do this....

    January 16, 2012 05:44 pm at 5:44 pm |
  15. Lisa

    "But his numbers pale in comparison to Republican presidential frontrunner Mitt Romney, who reported raising $24 million in the last three months."

    Romney's Top Contributors:

    Goldman Sachs $367,200
    Credit Suisse Group $203,750
    Morgan Stanley $199,800
    HIG Capital $186,500
    Barclays $157,750
    Kirkland & Ellis $132,100
    Bank of America $126,500
    PriceWaterhouseCoopers $118,250
    EMC Corp $117,300
    JPMorgan Chase & Co $112,250
    The Villages $97,500
    Vivint Inc $80,750
    Marriott International $79,837
    Sullivan & Cromwell $79,250
    Bain Capital $74,500
    UBS AG $73,750
    Wells Fargo $61,500
    Blackstone Group $59,800
    Citigroup Inc $57,050
    Bain & Co $52,500

    Ron Paul's Top Contributors:

    US Army $24,503
    US Air Force $23,335
    US Navy $17,432

    Why don't you report on that, CNN?

    January 16, 2012 05:48 pm at 5:48 pm |
  16. Sproles

    Disclaimer: I was not a Ron Paul supporter before this week. I took my time and learned about the guy and I hope you do the same.

    To all the people that call Ron Paul a "lunatic" or "crazy":

    Please, please take 30 minutes of your time and learn about his policies and what he stands for. Learn why his support is growing and why people are starting to warm up to his ideas.

    Just 30 minutes of your time, that's it and I GUARANTEE you will change your mind.

    Please do it for the country and the thousands of families that were destroyed by the senseless wars. These are people with families, not just some robots fighting for the greedy government agenda.

    January 16, 2012 05:48 pm at 5:48 pm |
  17. Rudy NYC

    Michael wrote:

    Top Contributors to Romney – Goldman Sachs
    Top Contributors to Obama – Goldman Sachs
    Top Contributors to Paul – US Military and Veterans
    -------------------
    Top Contributor to Obama – The American People making millions of small donations.

    January 16, 2012 05:50 pm at 5:50 pm |
  18. Birther Movement

    All that money, and people are out of work, running out of unemployment, losing their homes? EVERY single candidate getting money should donate it to the unemployment fund to keep it going since those idjits in Congress only gave us 2 months worth in 2012.

    January 16, 2012 05:51 pm at 5:51 pm |
  19. Gerald

    Romney = Obama. Both support undeclared wars, banker bailouts, healthcare mandates, the Patriot Act, and NDAA. Both are supported by Goldman Sachs, Credit Suisse, and Morgan Stanley. If not Dr. Paul, then I will support Gary Johnson and the libertarian party as will many others. With a third party candidate draining off even 5%, Romney becomes unelectable and Obama wins and America suffers. But better the devil you know than the devil you don't know.

    January 16, 2012 05:53 pm at 5:53 pm |
  20. Mah

    16Trillions in debt. waht a future for the next generation. we deserved to be pee-ed in our graveyard. The young people are rightfully outraged. Go Ron Paul 2012.

    January 16, 2012 05:54 pm at 5:54 pm |
  21. Greg

    Rudy NYC- incorrect- Obama's top contributors are as follows according to the Federal Election Commission.

    University of California $1,648,685
    Goldman Sachs $1,013,091
    Harvard University $878,164
    Microsoft Corp $852,167
    Google Inc $814,540
    JPMorgan Chase & Co $808,799
    Citigroup Inc $736,771
    Time Warner $624,618
    Sidley Austin LLP $600,298
    Stanford University $595,716
    National Amusements Inc $563,798
    WilmerHale LLP $550,668
    Columbia University $547,852
    Skadden, Arps et al $543,539
    UBS AG $532,674
    IBM Corp $532,372
    General Electric $529,855
    US Government $513,308
    Morgan Stanley $512,232
    Latham & Watkins $503,295

    January 16, 2012 05:59 pm at 5:59 pm |
  22. Mary

    We are already over 100% of GDP with our national debt - the same percentage that the country was in at the height of the Depression. Now, you all want Romney? Print trillions more to prop up our banks again? Are you all insane? or did you WANT World War 3?

    January 16, 2012 06:01 pm at 6:01 pm |
  23. Greg

    RudyNYC- his uncoded (individual small donations) account for about 26% of his funds.

    January 16, 2012 06:02 pm at 6:02 pm |
  24. John

    Despite the hatchet job the media has done on Paul (CNN is guilty) people are getting his messages of the restoration of civil liberties, the debt crisis only he seemed to predict, and big government turning the US into a police state. The NDAA overturned the rights we had as colonies under the king we revolted against (no more habeous corpus here folks). If America isn't sick of politics as usual now, then when?

    January 16, 2012 06:02 pm at 6:02 pm |
  25. Darryl

    Just think who Romney would owe if he won? The Banks! Can you see another bailout?

    Who Would Paul owe? The troops and the gressroots. That's right the people of this country who struggle and work just to survive. .

    The bankers got our money in the bailout and now do we really want a president Romney who is controlled by the same bankers?

    THINK PEOPLE THINK!!!

    January 16, 2012 06:02 pm at 6:02 pm |
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