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RSDavis
11-06-2007, 12:07 PM
Ron Paul Roundup (11-06-07 Money Bomb Edition)
by RS Davis (http://blog.myspace.com/index.cfm?fuseaction=blog.view&friendID=194780914&blogID=326044473&Mytoken=B0AC858F-D469-4E60-9CDEEAB557E0518B28499306)


Hello Freedomphiles! Did you miss me yesterday? Sorry I wasn't around, but I was home sick from work. I did follow the big Guy Fawkes Day money bomb push, though, and was delighted with the results.

The day started amidst the buzzing speculation. Everyone wanted to know, is this going to work? The goal was $10 million. Nobody expected to hit that mark, but everyone wanted to get as close to it as possible. Susan Davis of the Wall Street Journal reporting:

If all goes as planned, the Ron Paul presidential campaign could raise $10 million today. At least that's what his supporters are working toward.

A grassroots effort run by supporter Trevor Lyman through the site www.thisnovember5th.com was initially asking for 100,000 people to sign up and pledge to give $100 today, for a total that could make cash-strapped Republican Sen. John McCain blush. As of Saturday, however, the site had only registered about 18,000 supporters for the "moneybomb" far short of the total but enough to create a notable and growing boost to Paul's campaign chest.

Paul tracks his donations in real time on his web site. The clock started ticking at midnight when current donations were listed at $2,773,017.02. At the time of this posting eight hours into the 24 hour effort he had raised more than $1 million for a total of $3,805,615. In the time it took to write this post, he raised more than $30,000. The campaign has set a $12 million fundraising goal for the fourth quarter, which ends Dec. 31.

USADaily was saying that even if we didn't hit $10 million, it could be huge:

If successful the grass roots fund raising drive would make election history. Even if only partly successful it could still have a dramatic impact on Paul's campaign.

The night before Guy Fawkes Day had Free Market News Network reporting on the potential:

The Ron Paul November 5th donation site has attracted over 17,000 as of Sunday, November 4th, with more apparently ready to donate to the GOP candidate's presidential campaign. An informal sampling of FMNN feedback reveals that many who have not signed up nonetheless plan to make a donation.

While the site's date references both the movie V and Guy Fawkes Night, a powerful constitutional statement on the site puts the fund-raising effort in perspective, as follows: "Ron Paul is the Champion for the Constitution. Ron Paul is not trying to elect his ideas or promote his agenda. He is trying to give us back the rule of law. It's worth $100."

There are other "money bombs" in the works, but Ron Paul supporters believe that this one, by far the largest, will send a powerful message to mainstream America, and especially the mainstream media, about the support that Ron Paul is attracting. The site, apparently the brain-child of a single individual, has galvanized an already powerful and increasingly successful campaign.

Of course, we didn't come near 100,000 donations, but at a little after nine o'clock in the morning, we were already seeing the success:

...the GOP presidential campaign Nov 5th fund-raiser for Congressman Ron Paul (R-Tex) passed $1 million and continued to climb rapidly.

Analysis: Supporters of Ron Paul and astonished media are likely watching history-in-the-making, an unheard-of political fund-raising event generated outside of the campaign itself and symptomatic of the deep support that the Jeffersonian-conservative candidate has garnered.

And by 2:00PM, The Nolan Chart was reporting:

...the campaign reached the $2 million mark with nearly half the day remaining.

Some visitors to this website earlier today predicted that the $3 million mark might be topped today. That possibility is becoming more and more likely. Of course, in order for it to be reached, the pace of donations will have to continue at the same rate throughout the day.

And The Nolan Chart wasn't the only one tracking it. The National Ledger weighed-in, as well:

He is Ron Paul. He's not a huge fan of paper money but he is willing to take it from supporters that are cranking out a one day fundraising drive that at this writing is kicking up just north of $2.5 million. (I've rounded up to three million and am guessing just a little bit more). His supporters are calling it a money bomb. I would have went with a gold bomb to keep with the whole Dr. Paul theme but who can argue with the success?

KVUE's Elise Hu has this at the "Political Junkie": "He still registers in the single-digits in national polls, but Texas Republican Ron Paul supporters are true-believers. They are the die-hard, hardcore, we'll stand in the rain holding a boombox outside your window kind of supporters."

(...)

If you want to know how successful the effort is - check out the note at the top of the page on his Ron Paul Graph. "We are experiencing some bandwidth issues. Please limit your refreshing to once every 10 minutes or more!" You'll be lucky if it loads as the traffic is straining the server big time.

I loved the Say Anything reference, as well as the news that we were so interested in watching the accumulating results, we almost crashed the server.

Now, non-libertarian MSM news websites were also tracking the progress, as well, including the Washington Times and the National Ledger.

So, how did it all shake out in the end? The Ron Paul Money Bomb raised $4.07 million from 37,000 different supporters, putting the average donation at $110. In one day.

Fucking incredible.

And now the world is talking. Here's what The New York Times is saying:

The Paul campaign has raised more than $6.84 million in the first five weeks of this quarter, more than the $5 million it raised from July 1 to Oct. 1. Many of the contributions appeared to come through the independent Fawkes effort, but how much was unclear.

On Monday alone, the campaign signed up more than 21,000 new donors, said Jesse Benton, a campaign spokesman.

Among 2008 presidential candidates, Senator Hillary Rodham Clinton of New York holds the record for raising the most in a single day: $6.2 million on June 30. But Mr. Paul has surpassed the best day of Mitt Romney, the former Massachusetts governor, who raised $3.14 million on Jan. 8.

USADaily declares "Ron Paul Makes Fundraising History:"

Ron Paul's record beat John Kerry's [online] record that came two days after the Super Tuesday primaries in 2004. This makes Paul's online fundraising effort largest single day online fund raising effort in history by a presidential candidate.

Republican Presidential candidate Ron Paul will pass the 6 million dollars mark today for this quarter with almost 2 months to go till the end of the quarter. (at 5.8 million at the moment and counting) Paul made headlines last quarter when he raised over 5.2 million in the third quarter and had over 5.4 million in cash on hand.

Even The Washington Post got in on the act:

Online observers say it's also the most money raised by a candidate on the Web in a single day. And the day's not over yet. "Damn. Wow. Um, that's pretty awesome," said a stunned Jerome Armstrong who served as Howard Dean's online strategist. Armstrong, the founder of the popular blog MyDD, said Dean raised as much as $700,000 in one day toward the end of the primary race. "But not a million," Armstrong added. "What Paul is doing -- or what his supporters are doing -- is really impressive."

(...)

But money talks loudly in politics, and Paul's fundraising haul has surprised political analysts. Last quarter, Paul raised $5.1 million -- close to Sen. John McCain's total and five times more than Huckabee's. Energized by the grassroots support, especially online, Paul has set a very high goal for the campaign: raise $12 million for the fourth quarter.

Casino Gambling Web threw down some prose, too:

Ron Paul will certainly now always remember the 5th of November as upon the day's conclusion his campaign raised more than $4.2 million dollars from more than 37,000 different contributors. That is more than Mitt Romney raised in one day in January, which was previously the top day in fundraising for a Republican candidate.

Maybe the most amazing part about the amount of money raised is that it was all raised online.

reason magazine's David Weigel had some comments:

If you're a churl you've got two reactions: Paulites fell short of their $10 million goal and they're not going to turn their money into primary votes. Those are shortsighted takes on this. Before this campaign, who thought there were tens of thousands of anti-war or isolationist or gold bug Republicans and independents who'd donate to a presidential campaign? Who thought Ron Paul would run TV ads before Rudy Giuliani? Who thought you'd see handmade Paul signs on overpasses basically everywhere? (Places I've seen them: Virginia, Maryland, Delaware, Illinois, Iowa, New Hampshire, New York, New Jersey, Massachusetts, California.)

He also pointed to some other reactions:

ABC News:

Mark it down: A landmark moment entered the annals of political fundraising Nov. 5, 2007.


Mother Jones:

This is getting to be one of the most bizarre phenomenons American politics has seen in decades.


Dean veteran gate-crasher Jerome Armstrong:

The way Paul's campaign has done it, by not setting up a social networking account on every new-fangled socnet site, but by targeting a few and then expanding, is also the way to go. The Paul campaign recognizes decentralized, organic signs of Paul community, and then officially sanctions the congregation through post links on their website-- start going here. The Paul campaign didn't directly create ThisNovember5th.com, but they did create embrace the environment where it could happen.


Alex Massie:

Sure, he's still not going to win the nomination, but this is going to be one hell of a ride. No-one's going to be able to kick Paul out of the debates now. And admit it, anything that throws a spanner into the works, upsetting all the careful plans laid out by the front-runners has got to be a good thing. Every underdog deserves his day.

What an amazing day. Excellent work, people. Now, just get ready for the November 11th bomb. If that's too soon for you, set your sights to the future and get ready to donate on December 16th, the anniversary of The Boston Tea Party.