Wednesday, November 7, 2007 - 9:00pm
Ron Paul a Viable Candidate?!?
The lead pack in the race for the Republican nomination for U.S. President has been Giuliani, McCain, Romney, Thompson. However, the candidacy of Texas Congressman Ron Paul is becoming increasingly relevant. Dr. Paul raised a respectable $5.3 million in the third quarter, but outdid himself on November 5th by raising an astounding $4.2 million in just 24 hours.
The problem with second tier candidates almost always comes down to money. They don't have it and can't raise enough of it to keep up with the big boys. That all changed Monday when Ron Paul surged toward the front of the line in fundraising. As of this writing, Ron Paul has raised over $7.6 million in the quarter. That figure even puts him up there with the Romney money machine.
Dr. Paul polls in the single digits in Iowa and New Hampshire, but the additional funds raised will now allow him to run television ads in these opening states. In addition, turnout is low in these states, so a candidate with passionate supporters can do much better than statewide polling suggests. If Congressman Paul finishes in the top three in Iowa, it could propel his candidacy in New Hampshire, South Carolina, and beyond.
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