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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (69925)10/3/2007 5:22:58 PM
From: clutterer  Read Replies (1) of 116555
 
Ron Paul scores $5 mln in White House race
Wed Oct 3, 2007 3:59pm ET


WASHINGTON (Reuters) - Republican presidential candidate Ron Paul, an anti-war libertarian who has clashed with his rivals over Iraq, raised more than $5 million for his White House bid in the last three months.

Paul's campaign said the nine-term Texas congressman raised nearly $5.1 million in the quarter ending September 30, and had $5.3 million in the bank for the final push to the first nominating votes in January.

The performance by Paul, an obstetrician-gynecologist from the Houston area, more than doubled the $2.3 million he raised in the second quarter and reinforced the grass-roots strength of his large online fan base.

"Dr. Paul's message is freedom, peace and prosperity," said campaign chairman Kent Snyder. "As these fundraising numbers show, more Americans each day are embracing Dr. Paul's message."

Paul has been a formidable presence in Republican presidential debates, challenging top rivals like former New York Mayor Rudy Giuliani and Arizona Sen. John McCain and strongly condemning the Iraq war.

Giuliani leads Republicans in national polls of the November 2008 election race. Paul still registers in single digits in those polls, but routinely scores much higher in Internet surveys and snap polls taken after debates.

Paul's fellow Republican presidential contenders have not officially announced their fundraising totals for the third financial quarter. The detailed financial reports are due to the Federal Election Commission by October 15.

While Democratic candidates generally have been raising more than their Republican counterparts, Paul's performance was close to two prominent Democrats -- the $5.2 million raised by New Mexico Gov. Bill Richardson and $7 million raised by former Sen. John Edwards.
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