Anti-War Right Boosts Ron Paul to Top GOP Q4 Fundraiser
February 03, 2008
The campaigns have all released their fundraising reports from the fourth quarter of 2007, and the results show that three candidates who oppose the endless occupation of Iraq raised the most money.
Democrat Hillary Clinton led the field in both parties with $26.5 million, followed by Barack Obama with $22.8 million. (The Obama campaign says it has already raised $32 million in January alone.)
But the headline that ought to be in 40-point type is the fact the only Republican supporter of withdrawal from Iraq, Ron Paul, trounced his GOP rivals in the fourth quarter by raising nearly $20 million. As a Los Angeles Times blogger put it, it is a "news shocker":
Well, it's official, ladies and gentlemen. Believe it or not, Rep. Ron Paul, the 72-year-old Texan who hardly ever gets mentioned in Republican political news and the one-time libertarian who always gets the least time on TV debates if he isn't barred completely, was, in fact, the most successful Republican fundraiser in the last three months of 2007.
By the thousands, Paul's fervent followers donated $19.95 million to the "Ron Paul Revolution." He spent $17.75 million, and at year's end, had $7.8 million cash on hand, making him the only Republican candidate to increase his fundraising totals in every quarter of 2007. According to his website, Paul's Paulunteers have contributed another $4.1 million this month...
Compare that impressive financial success with, say, ex-candidate Rudy Giuliani, who raised only $14.4 million from Oct. 1 to Dec. 31 and spent $18.2 million.
Or the departed Fred Thompson, who collected $8.9 million and spent $13.9 million.
Or even the newly-minted Republican front-runner Sen. John McCain, who raked in only $9.9 million, spent $10.5 million and had only $2.9 million cash in hand. Of course, McCain's string of primary victories in January will have boosted his financial fortunes. Everybody loves a winner.