Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“That men may rightfully be compelled to submit to, and support, a government that they do not want…No principle … can be more self-evidently false than this; or more self-evidently fatal to all political freedom … a man, thus subjected to a government that he does not want, is a slave. And there is no difference, in principle — but only in degree — between political and chattel slavery. The former, no less than the latter, denies a man's ownership of himself and the products of his labor; and asserts that other men may own him, and dispose of him and his property, for their uses, and at their pleasure.”     Lysander Spooner

October 18, 2007

Paul Campaign Speaks On Fundraising Success

by Doug Mataconis

The Campaign Director and Finance Director of Ron Paul’s Presidential Campaign spoke yesterday at the National Press Club about what has clearly been a very successful fundraising campaign:

Ron Paul has been stockpiling his campaign cash, and his campaign says he’s now in such a good financial situation that he should be considered one of the top contenders for the Republican presidential nomination.

Looking at the new campaign finance numbers filed this week, and dating to Sept. 30, Mr. Paul has $5.4 million available to spend on the primaries.

That puts him behind only Rudy Giuliani, who has $11.4 million after debts are included, Fred Thompson, who has $6.4 million, and Mitt Romney, who has $9.2 million, after having loaned his campaign more than $17 million of his own money.

“Beyond those four candidates, there really appears to be no one else in the field who has the financial resources to make a reasonable run at the Republican nomination,” said Jonathan Bydlak, Mr. Paul’s fundraising director.

An audacious claim, no doubt, and putting a campaign that has $ 5 million in the bank in the same league with candidates who have twice that much at their disposal and the demonstrated ability to raise even $ 10 million per quarter is no small degree of hubris, but the campaign does have a point.

Take Giuiliani, Romney, Thompson and Paul out of the picture and there really isn’t much left to the Republican field. Duncan Hunter, Tom Tancredo, and Sam Brownback are also-rans who are unlikely to make it past January. And, notwithstanding his apparent popularity in Iowa, Huckabee simply doesn’t have the cash on hand to run an effective campaign right now. With $ 5 million in the bank and the ability to raise at least that much in the 4th Quarter, Ron Paul is clearly in the race to stay — and the advantage of that is that, come February, when the reporters who cover politics get bored doing the same old stories on Rudy, Fred, and Mitt, they’ll have plenty of time to spend following Ron Paul around the country.

Even if he has no chance of winning at that point, he’ll still be getting a lot of coverage saying things that Republicans haven’t said in at least twenty five years. And that’s a good thing.

Full video of the NPC press conference below:

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1 Comment

  1. Seriously, not even a tactical $200 contribution from you so we don’t all think you are a complete and utter poser?

    Comment by C Bowen — October 18, 2007 @ 9:12 pm

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