Ron Paul builds war chest
October 5th, 2011
01:58 PM ET
11 years ago

Ron Paul builds war chest

Manchester, New Hampshire (CNN) - Republican presidential candidate Ron Paul pulled in more than $8 million in fund-raising during the third quarter, his campaign announced Wednesday.

The Texas congressman, who is known for his ardent supporters, accomplished a rare feat in building on his second quarter totals. He raised $4.5 million in the second quarter.

In a statement Paul's campaign said the money came from 100,000 unique donors, a figure they said is five times the number of donors who gave to Texas Gov. Rick Perry.

Paul, who is making his third bid for the White House, is counting on grass roots support to power his primary bid. He raised much of his money from so called "money bombs," one or two day rushes of small dollar donations.

Perry, who entered the race less than two months ago, raised $17 million for the quarter, his campaign said Wednesday. Former Massachusetts Gov. Mitt Romney will report raising between $11 and $13 million over the last three months, according to a source familiar with the tally.

Candidates have until Oct. 15 to release fund-raising totals, although the quarter ended last Friday. A large haul is one way a campaign can show strength heading into the fall campaign season.

- CNN's Peter Hamby and Paul Steinhauser contributed to this report.

Also see:

Romney picks up new backers

Perry brings in $17 million in third fundraising quarter

State of the race without Christie

Filed under: 2012 • Fundraising • Ron Paul
soundoff (32 Responses)
  1. Rudy NYC

    Sure, Dr. Paul has spoken out against cowboy diplaomacy, but Dr. Paul has also advocated cutting the defense budget by 90% if you haven't been paying attention. If you cut that much out of the Pentagon, what would be left? Nothing. That's nuts.

    Dr. Paul has advocated complete deregulation of everything. That's nuts. Dr. Paul wants to get rid of public education. That's nuts. Dr. Paul seems to feel that someone who needs health care can just drum up donations at will. That's nuts.

    October 5, 2011 03:12 pm at 3:12 pm |
  2. Rudy NYC

    A country without regulations means that the food you purchase can be contaminated, and there is nothing you can do about it. You cannot even sue someone because no one knows where it came from.

    A government the size of the one envisioned by Dr. Paul means dirt roads, no airports, and no shipping docks. That is the result of getting rid of the NTSB, Transportation and the Energy department.

    Dr. Paul's vision is one of peaceful anarchy, which is really to be admired. Unfortunately such a utopia cannot exist in today's world. Those societies only exist in small closed private communities like those ran by David Koresh and others like him.

    October 5, 2011 03:20 pm at 3:20 pm |
  3. larry

    Wow, I really can't believe so many people are uninformed on this comment section. I use to think Ron Paul was a little crazy too but then I decided to actually research his policies and now I am devoted to his campaign.

    October 5, 2011 03:24 pm at 3:24 pm |
  4. Rudy NYC

    zach wrote:
    There has not been a single ron article he has not commented negatively on. Rudy, i'm in NYC too, maybe we should have a talk so I can help you understand his positions.
    Actually, I used to speak positively about Dr. Paul. All of that changed when the issue with his son and civil rights came up. Remember those remarks. Rand said racism should not be prohibited because it is an expression of your freedom speech. Dad supported his view that if a business owner wants to deny a potential customer the right to come into their business, then that is his right. That person should go find people of his own kind to do business with.

    That attitude is fine for someone from backwoods Texas, but it is not the type of attitude that should be held by the POTUS. Sorry. Um. No, actually I'm not.

    October 5, 2011 03:28 pm at 3:28 pm |
  5. Ryan (future president)

    24 year old history teacher here...I'll vote Ron Paul due to his honesty, integrity and most importantly because of his allegiance to the constitution..I would like to see an end to our foreign occupation of countries around the world and to balance our budget...His message of truth is spreading and it's contagious...His supporters' votes will speak loud volumes when the primaries arrive. Until then, God Bless America

    October 5, 2011 03:28 pm at 3:28 pm |
  6. Tendofreak

    RP has my vote. Much better cannidate than these other cookie cutter ya-hoos!

    October 5, 2011 03:28 pm at 3:28 pm |
  7. ERIC and JOHN

    devoted to hate

    October 5, 2011 03:34 pm at 3:34 pm |
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