Kentucky.com: Rand Paul detonates ‘money bomb’ in U.S. Senate raceSubmitted by rhino on Thu, 08/20/2009 - 19:17
FRANKFORT — Republican U.S. Senate candidate Rand Paul detonated a so-called “money bomb” Thursday in hopes of raising $1 million by midnight, an accomplishment that would validate his status as a mainstream candidate.
However, the explosion was less than expected. As of 6 p.m., the campaign’s web site reported gathering $346,322 on Thursday.
Paul, a Bowling Green eye surgeon and son of U.S. Rep. Ron Paul of Texas, remained optimistic nonetheless.
In a telephone interview late Thursday morning, the first-time candidate for public office said he would be pleased to take in $200,000 to $300,000.
“That certainly would show I am quite formidable,” Paul said. “If we reach or get close to $1 million, it so overwhelmingly transforms this race right now.”
Political observers say Paul’s fund-raising gimmick is impressive, but they’re still not sure what its effect will be on the 2010 U.S. Senate race.
“I think the quantity of the money he can raise makes him a player to watch in this race,” said University of Kentucky political science professor Donald Gross. “He now will have enough money to get his name out there.”