New York Times: "Is the Ron Paul money train slowing down?"Submitted by barracuda_trader on Fri, 03/16/2012 - 21:59
March 16, 2012, 9:16 pm
Ron Paul’s Campaign Raised $3.3 Million in February
By NICK CONFESSORE
Is the Ron Paul money train slowing down?
Since the beginning of the Republican primary, Mr. Paul has been able to count on a steady flow of small checks from his loyal base of supporters, keeping his campaign war chest full through the ups and downs of a primary in which he has yet to win a single contest. Through the end of January, Mr. Paul had raised $31 million, putting him in second place to Mitt Romney in the race for campaign dollars and well ahead of Rick Santorum and Newt Gingrich.
But the prolonged string of losses may be having an effect on his grass-roots enthusiasm. On Friday night, four days before the March 20 deadline and without so much as a press release, Mr. Paul’s campaign filed its February fund-raising figures with the Federal Election Commission.
Mr. Paul raised about $3.3 million that month — a respectable sum, but less than the $4.5 million he reported raising in January. He spent about $3.5 million, slightly more than he took in, and began March with just $1.6 million in cash on hand.