Ron Paul money bomb raises over $400,000

A Presidents Day money bomb for U.S. Congressman Ron Paul raised more than $400,000 in 24 hours on February 21, rekindling speculation that Paul will be running for President in 2012. (1)

The proceeds went to Paul’s political action committee, Liberty PAC, bringing the amount raised by the PAC in February to over $700,000. (It was earlier reported that the entire $700,000 had been raised in the money bomb.) (2)

Liberty PAC was founded in 1992 for the “crucial job of electing candidates who will fight for liberty and vote to defend the Constitution.” On February 8, 2011, the PAC launched a revamped website and announced a “new political effort.” “Liberty PAC will play a critical role in Congressman Paul’s political activities in 2011 and 2012,” said PAC director Jesse Benton. (3)

Liberty PAC’s current mission is “to fund Congressman Ron Paul’s political activities as he travels the country to fight for the principles we hold dear: Liberty, Limited Government and a strong, pro-American foreign policy.” (4)

 Ron Paul certainly ‘travels’. He has already visited the first-caucus state of Iowa four times since Election Day 2008, and will be making two more trips there next month, March 7 and 23. (5)(6) The March 7 event will be a three-city speaking tour as part of the Presidential Lecture series by “influential social conservative group” The Family Leader. Paul’s lecture will also be videotaped and hosted on the group’s website, and copies sent to its members. (7)

On March 25 Paul will be speaking in the first-primary state of New Hampshire, at the inaugural Lincoln-Reagan dinner of the Dover Republican Committee, being billed as “Paul’s first visit to New Hampshire of the 2011-2012 election cycle.” The newly-elected chairman of the state GOP, Jack Kimball, will be on hand to welcome him. Paul finished second, after Mitt Romney, in the WMUR straw poll at the state party’s recent annual meeting. (8)

Paul beat Romney by seven points in the straw poll held at the Conservative Political Action Conference (CPAC) in Washington, DC, in February, taking 30% of the vote to win that poll for the second year in a row. (9) Paul, who spoke at CPAC (as did Romney), commented after the vote:

This win is bigger than just me, it is about the message of Liberty that resonates with so many across the country. Young people in particular, who participated so strongly in this poll, understand that restoring our Freedom is the key to our future prosperity. I remain optimistic that our message will spread and help the next generation recapture the wonderful traditions that made America the greatest nation in human history. (10)

Paul’s expenses for campaign travel like the above can be funded from Liberty PAC so long as he has not officially declared his candidacy for President. In addition, money donated to the PAC now will not count toward the $4,000 which donors are limited to giving one candidate in a primary season. This could be why Paul, like almost every other potential Republican candidate, has delayed announcing his candidacy.

However, an announcement should be coming soon. Video released to promote the Presidents Day money bomb emphasized that: “If we show [Dr. Paul] enough support, he will announce his official candidacy for 2012. We can give him one more chance to speak truth from the National stage…. It is up to us.” (11

One can donate to Liberty PAC by phoning 1-800-RON-PAUL (1-800-766-7285), or online at the website http://www.LibertyPAC.com.

Sources:

Photo: Ron and Carol Paul, Steaming in Ft. Lauderale (FL), Sep. 17, 2007. Photo by Jamie Kelso. Licensed under Creative Commons Attribution 3.0 Unported License. Courtesy Wikimedia Commons.

(1) “Revolution 2012: Ron Paul Money Bomb Raises $400,791 in 24 Hours“, RonPaul.com. Web, Feb. 22, 2011. http://www.ronpaul.com/2011-02-22/revolution-2-0-ron-paul-money-bomb-raises-400791-in-24-hours/

(2) Andy Barr, “‘Money bomb’ blows up Ron Paul’s coffers“, Politico, Feb. 22, 2011. Web, Feb. 22, 2011. http://www.politico.com/news/stories/0211/49956.html

(3)LibertyPAC Re-Launches!“, Press Releases, LibertyPAC, Feb. 8, 2011. Web, Feb. 22, 2011. http://www.libertypac.com/2011/02/08/libertypac-re-launches/

(4)Liberty PAC,” Facebook. Web., Fed. 22, 2011. http://www.facebook.com/pages/Liberty-PAC/103079743105147?sk=info

(5) Liz Halloran, “A Year Out From Iowa Caucuses, It’s Anybody’s Game“, NPR, Feb. 18, 2011. Web, 2011. http://www.npr.org/2011/02/18/133848411/a-year-out-from-iowa-caucuses-its-anybodys-game?ps=cprs

(6) Christina Bellantoni, “Ron Paul Headed to Iowa“, Roll Call, Feb. 15, 2011. Web, Feb. 22, 2011. http://www.rollcall.com/news/-203414-1.html

(7) Catalina Camia, “Ron Paul to speak at Iowa presidential series“, USA Today, Feb. 7, 2011. Web, Feb. 22, 2011. http://content.usatoday.com/communities/onpolitics/post/2011/02/ron-paul-iowa-2012-presidential-caucus/1

(8)Ron Paul to be guest speaker at Republican Committee dinner on March 25 in Dover“, Fosters’ Daily Democrat, fosters.com. Web, Feb. 22, 2011. http://www.fosters.com/apps/pbcs.dll/article?AID=/20110222/GJNEWS_01/702229954/-1/FOSNEWS

(9)Ron Paul Wins 2011 CPAC Straw Poll, Sarah Palin Finishes a Distant 9th Place”, The Note, ABC, Feb. 12, 2011. http://blogs.abcnews.com/thenote/2011/02/ron-paul-cpac-straw-poll-winner-2011.html

(10)Ron Paul’s Statement on Winning CPAC Straw Poll,”  Press Releases, LibertyPAC, Feb. 8, 2011. Web, Feb. 22, 2011. http://www.libertypac.com/2011/02/13/ron-paul%E2%80%99s-statement-on-winning-cpac-straw-poll/

(11)Ron Paul’s Liberty PAC Moneybomb!“, repfreedomforce, YouTube, Feb. 21, 2011. Web, Feb. 22, 2011. http://www.youtube.com/watch?v=4tZrupVW6uw

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