CAMPAIGN 2012

Ron Paul's 'Money Bomb' Clears Path for Presidential Bid

Updated: February 24, 2011 | 6:21 p.m.
February 24, 2011 | 6:19 p.m.

Rep. Ron Paul, R-Texas

It looks like Rep. Ron Paul, R-Texas, is accumulating not only a following but also the resources to make a 2012 presidential bid.

After his landslide victory in the CPAC straw poll last week, Paul sent a note to supporters on Wednesday night thanking them for his Presidents Day “money bomb” that added $730,000 to his coffers.

"The fact that the average contribution was about $50 is a powerful reminder about the strength of our movement. We are all regular people, with jobs, families, and real-world concerns, united in our commitment to reclaiming our liberty," Paul said. "Alone, we are not powerful. Without all of you, I am not powerful. But together, when we stand behind our message of freedom, we can accomplish great things together."

In a fundraising e-mail, Roll Call reports, Paul said that some of the money has gone toward confirming a trip to New Hampshire, and the rest will allow him to “begin planning several more to other key political states,” such as Iowa.

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