Ron Paul Goes After the 'Money Bomb'
Presidential hopeful Ron Paul hopes to raise $4 million today to finance his campaign through contributions from supporters across the country. The fundraiser is being called a "money bomb."
On this day four years ago, Republican candidate Ron Paul did something that many thought just simply couldn't be done.
On Dec. 16, 2007, the anniversary of the 1773 Boston Tea Party, Paul raised more than $6.4 million in one single day to finance his run for the White House. That's $6.4 million. In one. Single. Day.
Coined "the money bomb," Paul's campaign has been bombarding supporters' inboxes and blowing up You Tube with a call to raise more than $4 million. According to his e-mails, the money will fund his campaign as he moves into New Hampshire after the Jan. 3 Iowa Caucus.
"I have an aggressive mail, Internet, and TV ad blitz planned to reach the undecided voters in Iowa and New Hampshire, but I need your help to fund this project — or else I won't be able to run it," Paul's e-mail said.
With Paul's supporters standing steadfast with the 76 year-old congressman from Texas, the chances he will raise the $4 million are pretty good. On Dec. 7, Paul ran a quick, successful, mostly viral campaign to raise more than $1 million to launch a new advertising campaign in Iowa and New Hampshire.
According to Paul's website, at 11 a.m. Friday, he had already tallied $1.1 million. And the day, as they say, is still young.