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njandrewg
07-07-2007, 12:21 AM
http://politicalticker.blogs.cnn.com/2007/07/06/paul-has-more-campaign-cash-than-mccain/

Paul reports more campaign cash than McCain

Paul raised $2.4 million in the second quarter.

WASHINGTON (CNN) — He’s considered a long-shot to win the GOP presidential nomination, but Texas Rep. Ron Paul is boasting more cash-on-hand than Arizona Sen. John McCain’s struggling presidential campaign.

The Texas Republican raised nearly $2.4 million in the second quarter, and, after all expenses, has a total amount of $2.4 million cash-on-hand, campaign spokesman Kent Snyder tells CNN. Paul raised $640,000 in the first quarter of 2007.

Snyder added that nearly all of Paul’s warchest was raised through the Internet.

Earlier in the week, former New York City Mayor Rudy Giuliani’s campaign announced having $18 million in campaign cash, $15 million of which may be spent on the primaries. Former Massachusetts Gov. Mitt Romney’s campaign announced a warchest of $12 million for the GOP nomination fight.

Arizona Sen. John McCain, once the early favorite to win the nomination, reported raising a disappointing $11.2 million in the second quarter with only $2 million cash on hand — $400,000 less than Paul. His campaign said his support of immigration reform legislation hurt his fundraising ability.

Paul, with only 11 staffers on his campaign, runs a frugal campaign. The Texas Republican rarely travels to key campaign states. Snyder said the campaign is expecting to expand into additional states in the near future.

Paul registered 2 percent in the latest CNN/Opinion Research poll conducted June 22-24.

– CNN Ticker Producer Alexander Moone

gregp701
07-07-2007, 12:26 AM
The top-tier guys really know how to squander their money.

Akus
07-07-2007, 12:41 AM
Any mention of Ron Paul in the mainstream = win!!!

WannaBfree
07-07-2007, 02:24 AM
I grabbed a screenshot of it in case it changes ;)

like this did:
http://www.ronpaulforums.com/showthread.php?t=5942

.

Scribbler de Stebbing
07-07-2007, 07:17 AM
Snyder added that nearly all of Paul’s warchest was raised through the Internet.

They just can't bring themselves to drop the spamming theme! The full story went on to say that they found evidence of internet users repeatedly sending electronic contributions, sometimes dozens of times per IP address. :D (spoof)

Scribbler de Stebbing
07-07-2007, 07:52 AM
The picture is even worse for McCain than we thought. This from http://www.politico.com/news/stories/0707/4790.html on July 3:


The devastating part for McCain, of course, is his paltry cash on hand figure. Of the $2 million they have in the bank, $850,000 can’t be touched during the primary. What’s more, it remains uncertain if McCain has retired the debt he reported from the first quarter.

He might have nothing! And they still have 7 fricking staffers to pay in IA? These big government types are abysmal with money. Can you imagine the debt he would have run up as president?

PatriotOne
07-07-2007, 08:23 AM
What's really ironic is McCain is the candidate who, in one of the televised debates, accused the Gov of "spending money like a drunken sailor" and was vowing to stop it.

Bradley in DC
07-07-2007, 08:39 AM
The picture is even worse for McCain than we thought. This from http://www.politico.com/news/stories/0707/4790.html on July 3:

I think he's flat broke. They claim $2 milion cash on hand but won't disclose how much debt they have: they had $1.8 million in debt as of the end of the first quarter. I'm guessing Dr. Paul has no debt.

Dustancostine
07-07-2007, 08:58 AM
If this is true about the debt. Them McCain is probably just waiting until the donations match the debt and then he is going to take a bow.

Bradley in DC
07-07-2007, 09:11 AM
If this is true about the debt. Them McCain is probably just waiting until the donations match the debt and then he is going to take a bow.

Again, we don't, yet, know how much debt he has. He has raised money--he just spends too much. He's in for a while which is good for us: already a good comparison (even Dr. Paul has more money than he...) and splits the opposition pro-war vote for a while.