Ron Paul kicks off another 'money bomb'
September 17th, 2011
01:00 PM ET
11 years ago

Ron Paul kicks off another 'money bomb'

(CNN) - As someone who calls himself the "champion of the Constitution," GOP presidential candidate Ron Paul is celebrating Constitution Day with another one of his "money bomb" fundraisers.

The online event attempts to raise a large sum of cash in 24 hours, a tactic that's proved successful in the past for the Texas congressman.

While the campaign said they don't have a specific goal for Saturday, Paul raised $1.8 million from contributors during the last money bomb, held in August.

Campaign spokesman Gary Howard said the previous three events in this election cycle raised about a million each.

Paul made headlines with his money bomb technique during his last bid for president. In December 2007, he raised $6 million in one day, following a fundraiser the previous month that raised $4.2 million in a 24-hour period.

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.

As of 1 p.m. ET, just past the halfway point for the day, the tracker said the campaign had so far raked in about $243,000

While the cash rolls in online, Paul will be rolling out on the campaign trail Saturday with two speeches in Los Angeles, including the keynote at the Republican Liberty Caucus of California.

According to the latest CNN/ORC International Poll, Paul has gained momentum in the race for the White House in recent weeks. Among current GOP candidates, Paul placed third with 13 percent, following former Massachusetts Gov. Mitt Romney in second place with 21 percent and Texas Gov. Rick Perry in first with 32 percent.

His numbers were up from a similar poll at the end of August, which showed Paul in fifth place with six percent.

Filed under: 2012 • Fundraising • Ron Paul
soundoff (20 Responses)
  1. RJWTimes Bradford England

    Massive proof of massive government spending from Paul and his regime.

    September 17, 2011 01:05 pm at 1:05 pm |
  2. Corey Vollinger

    The most important thing to realize about Ron Paul's "money bombs" is that they are chiefly the result of small donor contributions. This is what differentiates Paul from Romney and Perry, who are bankrolled by big-money donations and establishment PACs. Now is our chance to see whether a candidate can survive on extensive and enthusiastic small donor support alone, if he does not have access to establishment money.

    September 17, 2011 01:28 pm at 1:28 pm |
  3. curt

    He has some good views.. Then he has views that seem to put more horror to the average citizen, like his healthcare views.

    September 17, 2011 01:39 pm at 1:39 pm |
  4. Eric

    Thank you for a neutral piece of reporting. It is nice to read an article that says "Here is how it is" and not "Here is how we say it is".

    September 17, 2011 01:42 pm at 1:42 pm |
  5. ST

    For god's sake who is crazy like this man and make contribution to him. Is anyone out there thinking/dreaming/believing Ron Paul can ever be president???? My fellow Americans, please do something which works for you , which doesn't, please leave it aside!

    September 17, 2011 01:45 pm at 1:45 pm |
  6. Aj187

    That's pretty cool. I think a candidate that can raise this kind of money strictly from his supporters andnot rely on corporate sponsors that seem to only affect the candidates principals is pretty cool Even though I don't agree with everything he says, this should be the norm.

    September 17, 2011 01:45 pm at 1:45 pm |
  7. Luke Gilead

    Ron Paul 2012!

    September 17, 2011 01:48 pm at 1:48 pm |
  8. KM

    This is probably the only even remotely honest candidate for president and our country is too stupid to vote him into office.

    September 17, 2011 01:57 pm at 1:57 pm |
  9. Drew

    Nick nack paddy wack give the dog a bone, this crazy old man is coming home. C'mon America, never in the history of the presidential elections, since Eisenhouer has a runningmate been so important. I mean what is this guy 80? Get real, the job would be the end of him.

    September 17, 2011 01:58 pm at 1:58 pm |
  10. Sara DeVine

    Donate, everybody. You can't get anywhere without money.

    September 17, 2011 01:59 pm at 1:59 pm |
  11. Feisty Loves Freedom

    I just made my first ever political donation! I never really cared much about politics until all of these insane wars started and my little brother, three cousins, and many other friends and loved ones were deployed. McCain said he would make us stay in Iraq for 100 years! Obama promised to end these wars and bring our troops home. I was counting on him, but he lied. Ron Paul is the real deal. Research him and what he stands for. The majority of my family and friends are voting for him in the primaries. He CAN win this. Go Ron Paul!

    September 17, 2011 02:06 pm at 2:06 pm |
  12. vallan

    Hard as the media tries you can no longer ignor the fact that the majority of American is waking up from their slumber and want a man like Dr. Paul as our new POTUS !!!!

    September 17, 2011 02:21 pm at 2:21 pm |
  13. Donkey Party

    Ron Paul is just another dangerous right-wing opportunist. Book deals will be next, rest assured.

    September 17, 2011 02:45 pm at 2:45 pm |
  14. raj

    just donated money for liberty, he may be our last best hope .

    September 17, 2011 02:53 pm at 2:53 pm |
  15. professorjoe

    I just donated my $100! This one seems a little disappointing, we're still well below 500K. Come on Paul fans get with it. We have to defeat a guy (PERRY) with a 55 million dollar Pac.The onlt way to shut up the nay sayers is to give, give, give. Instead of going out to dinner tonight eat in watch the moneybomb and send $10 or $20dollars.

    September 17, 2011 02:56 pm at 2:56 pm |
  16. Liberty2012

    Ron Paul 2012!

    September 17, 2011 02:58 pm at 2:58 pm |
  17. ruemorgue

    P.T. Barnum would be proud of these contributers.

    September 17, 2011 03:09 pm at 3:09 pm |
  18. Mike K

    Dr. Paul boasts the most loyal base in the race. It can only grow as we spread Dr. Pauls message of Peace, Prosperity and Freedom. One person at a time we're telling our friends and neighbors and convincing more people to give Dr. Paul a serious look. Responsible freedom loving Americans cannot help but support a man with such honesty and integrity – something sorely lacking in Washington these days.

    September 17, 2011 03:11 pm at 3:11 pm |
  19. Tony

    The last patriot.

    September 17, 2011 03:17 pm at 3:17 pm |
  20. RESET21776

    Ron Paul 2012!!! Shake the Establishment!!!

    You could vote for:
    Obama? = No...
    Romney? = No...
    Perry? = No...
    Dr. Paul? = YES!!!

    September 17, 2011 04:13 pm at 4:13 pm |