Another Day, Another Million for Ron Paul

On the day after announcing the largest fourth quarter haul of any Republican, Ron Paul raised another million dollars online, thanks to a money bomb in honor of 51 years of marriage to his wife Carol. 4,266 supporters had pledged to donate $51 each at FiftyOneYears.com, but by the end of the day, over 12,265 donors had chipped in an average of $85 each, to bring the total to $1.04 million for the day, and now over five million for the first quarter.

It was only the fourth largest money bomb of eight that have been held so far, but coming just eleven days after the third largest ($1.85 million on January 21st), reaching seven figures has to be considered an impressive feat. The only other presidential candidate raising that kind of money is Barack Obama, so Ron Paul is in good company on the financial front.

Planning for the next money bomb is already underway, with no shortage of ideas. President's Day on February 18th is an obvious choice, but leaves only seventeen days to get organized and to save up for it. A Tea Party level event is being planned for April 15th (Tax Day), but that might be too late to demonstrate the continued commitment of the Ron Paul Revolution, depending on what happens on Super Tuesday. A March 4th money bomb in honor of the Constitution going into effect (in 1789) might be a good compromise, but isn't as catchy a day to base an event on.

Over at RonPaulForums, the talk for today is taking the momentum from the February 1st money bomb and turning it into a five day "money train" leading up to February 5th, to help the campaign reach its $8.4 million goal by then. The day after a money bomb is often a very good fundraising day in its own right, due to the carryover effect and the news of the prior day's success getting out.

How big and how soon the next money bomb will be could depend on what Ron Paul decides to do after February 5th. If he does well, winning a few states and enough delegates to be a serious factor in the Republican race, he will need a financial refill for the rest of the primary season. If he does poorly, there would be no point in continuing and little likelihood of a third party run, so the next money bomb would be called off.

If he shows a significant level of support around the country, but doesn't win enough delegates to be a factor at the convention, he could launch a third party bid, which would give all of his maxed out donors a chance to start over, potentially making the next money bomb the biggest ever, and serving notice that the Revolution will continue in full force, with nine more months to convince America that they really can do better than Hillary Clinton or John McCain -- a lot better.
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