(CNN) – GOP presidential hopeful Ron Paul kept his winless campaign afloat in February by spending nearly $300,000 more than he raised in the same month, according to a monthly financial disclosure his campaign filed with the Federal Election Commission on Friday.
Paul’s February spending of $3.54 million outpaced his fund-raising of $3.27 million, and he ended the month with $1.36 million in the bank. His campaign reported carrying no debt.
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His February haul included a $1.7 million “money bomb” which the campaign reported mid-month.
February saw nine Republican contests – more than the four in January – and Paul had no wins, but two second-place finishes. CNN estimates he won 26 delegates in February, and currently has 69, far behind front-runner Mitt Romney, who has 498.
Paul has focused his efforts on caucus states, which to date have given him the majority of his delegates.
In January, the candidate reported raising $4.5 million – the same amount rival Rick Santorum reported that month.
February financial disclosures are not due to the FEC until March 20.
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What would posess people to give money to this losing cause? Republicans have nothing to offer these folks except a hateful base of fearful, greedy, and largely uneducated white bigots. President Obama is actually working to help working class people and move all of America toward a better future. Right-wing media give you nothing but spin and sound bites – yet the Democrats are your only real hope for a people-based government. True, the states-rights government of the Libertarian is not the vision for most people in a modern America and for some of you this is hard to leave behind. But these are the people who don't represent the fat-cats who are jerking the strings of the Republican candidates. The honorable people who support Ron Paul shoiuld sincerely consider President Obama as a choice for us all. It's not what the Libertarians would endorse, but many of you are young people with independent minds capable of real change.
Is this the best you can do? he had a surplus, and he spent 300k more than he took in around the time of Super Tuesday. does that make sense to you, because it makes perfect sense to me.
His campaign in 2008 never went into debt. The best you can do is say he spent more than he took in during a given month.
Dr Paul is a true fiscal conservative,, and runs his campagn as such. There is really nothing to see here except the MSM trying to gotcha Dr Paul on somthign in his wheelhouse "finances" and the MSM has got nothing.
At least they can't call him winless anymore after taking the Virgin Islands. Oh wait... never mind.... it turns out that the mainstream media only reports on ever OTHER U.S. territory but the one that Ron Paul won. And if they do report on it, it's the only vote in this ENTIRE campaign where the delegates determine the win instead of the % of votes. I get that it's a small territory, be why can't the mainstream media just be honest with us and admit they actively work to silence Ron Paul's message and movement.
When will Ron Paul remove his mask to endorse Rmoney?
And Dr Paul doesn't get a cent from Goldman Sachs, the big backers of Romney, Obama and the rest of the puppets of the bankster clique. The MSM would have us believe that Dr Paul's campaign has few delegates: "CNN estimates..." based on false projections of the (rigged) straw polls. The FACT is that Dr Paul is in close 2nd place to Romney, while Gingrich and Santorum aren't even running in states whose delegates total over 500! So here's the big secret that the MSM presstitutes don't want you to know:
RON PAUL IS WINNING ! ! !
wow can't believe CNN did a story on RON PAUL, never happens.....
Wow. A mainstream media article on Ron Paul without bias. I must give credit to where credit is due, and I'm impressed. If you search "ronpaulitic" you can geotag your support/nonsupport for this remarkable candidate on the only worldwide realtime Ron Paul map on the web.
All spit robme's delegates jumped ship to paul's camp
What a complete and total waste of money. Ron Paul supporters need to get behind another Republican candidate because Ron Paul is going no where. Many of his ideas are embraced by other candidates. And if you vote for Obama you're a fraud. Obama shares NONE of Ron Paul's principles.
well, I like him, but old age scars me. But stupid Reagan was old too, but people were so idiotic to elect that idiot. that is different. He talks sense to me among other clowns in GOP.
Another wasted 3.3 million, might as well donate it to charity!!!!!
Come on folks! We should not let the rest of world laugh at us. Who does think Dr. Ron Paul would ever be the President. And why should one empty their pockets while they know their man they support will never win!
people keep asking why Newt is still in the race, but why is Ron Paul still here? Surely there are better things to donate money to than a guy that has as much chance to become POTUS as my puppy does.