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Ron-Paul
Rep. Ron Paul (Flickr/Gage Skidmore)

‘Money bomb’ raises more than $700K for Ron Paul, funds trips to key primary states

Paul: 'Now is the time to take bold action to elect the type of President we deserve'
By
Tuesday, February 22, 2011 at 9:28 am

U.S. Rep. Ron Paul’s first “money bomb” of the 2012 political season brought in more than $700,000 in 24 hours for his Liberty PAC. The Republican congressman from Clute said the cash from the online fundraiser will pay for three more trips to key presidential primary states.

“Today’s activity has allowed me to confirm another trip to Iowa, as well as a trip to New Hampshire in March, and I have given clearance for the planning of a trip to Nevada,” Paul said in a letter to supporters Monday evening, as the clock ran down on Washington’s Birthday.

Similar to his 2008 White House bid, the website for Paul’s leadership committee Liberty PAC prominently featured a money bomb banner that flashed the names of supporters as they made donations. The fundraising total surpassed $720,000 at about 9:15 a.m. Eastern time.

Describing the money bomb as “a huge success,” Paul told supporters that “The phone has been ringing off the hook today with calls from reporters, and that means people are truly taking notice.”

News organizations running stories on the money bomb results included Politico and USA Today.

Paul has told supporters the level of fundraising success for his Liberty PAC will help determine his 2012 political decision. Last week, Paul’s political director Jesse Benton told the Texas Independent Paul is still weighing whether to run for President or U.S. Senate, and that he will make a decision in the next few months.

While word of the Liberty PAC Presidents Day money bomb first started spreading online via a Facebook page created by a handful of Paul supporters (not being paid by Paul or his PAC, at least according to the most recent Federal Election Commission reports), on Monday morning Paul claimed he and his PAC were in control of the timing of the fundraiser.

“Now is the time to take bold action to elect the type of President we deserve. That is why Liberty PAC has chosen today, Presidents’ Day, to launch a Money Bomb that will guide my 2012 decision making,” Paul said in a letter to supporters.

Comments

Dan 02.22.11

Don Quixote, aka Ron Paul, is a very dangerous person. His proposal to dismantle the FED based on ideology after the FED has steered us to 80 years of prosperity is neither conservative nor low risk.
He conveniently ignores discussing nettlesome details like economic growth during the period of FED supervision, or history of why we abandoned the gold standard. Or the history that we took power of managing monetary policy away from private hands (J.P. Morgan).
Ron cloaks himself in the cloak of righteous disclosure of FED activities. However unlike Harry Potter we know under his cloak that Mr. Ron Paul has no clothes on and intends to stick it to the FED. DO we want the fed politicized with it’s direction under the control of: Pelosi, Obama, Boehner, Gingrich, Bill Clinton, George BUsh, Carter, Cheney etc.?
I say show me another system that has had 80 years of uninterrupted growth then we should study that system to see if we can adopt it or if there are fundamental flaws. That we are being bested by state sponsored monetary policy today (china) is not proof this state sponsored monetary policy is superior. However if it is superior then we should opt for government oversight (political control) of the FED like the Chinese system. Then we should go the next step and eliminate private control over enterprises by nationalizing all industries so our FED has equal powers to the Chinese FED.
I think that Mr. Ron Paul has striking similarity to Don Quixote. Ron’s windmills are the economic system he does not seem to understand. His supporters are often those that know we have a problem, and are energized to solve them. However bravely tilting at today’s windmills can lead to disastrous consequences, much like those windmills in prior years.
The solution is to bypass Ron Paul and find leaders who are willing to do the tough work of figuring out what our problems really are. Those then who are energized to solve problems will have real problems to solve that can benefit us all.

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Leppert Leap Affects Mayor’s Office—and Senate Race? | One Stop News Stand 02.23.11

[...] mayor, effective Friday, and has plans to make another announcement soon. Meantime, Ron Paul just raked in $ 700,000 with a so-called “money bomb,” and says he’ll decide within a few months whether [...]

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JKR 02.23.11

Actually, supporters set up the timing and asked him to put it on his facebook and send out an email because we don’t have all of eachother’s emails.

Dan, how’s that 3 cent dollar next to the dollar the Fed took over in 1913 treating you? You think you can ever retire based on currency destabilization like that?

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