Paul Campaign Sets Bar High; Targets Fundraising of $12 Million for the Fourth Quarter

The Ron Paul campaign has changed the graphic on their website to reflect a new goal for the campaign’s fourth quarter fundraising efforts. They want to bring in an additional $12 million by December 31st.

The goal is to fill up the Statue of Liberty graphic on the website. In the short-term that means raising $3 million during the month of October. My guess is that the November goal will then be $4 million and the December goal might reach $5 million. Originally when I looked at the site it said the goal was $3 million for October, that has since changed to $4 million. I guess they’re spreading it out into three equal parts.

So far the campaign has collected a little over $45,000.

The danger of setting these goals so high is that Paul’s donors may start to become tapped out. If they can only pull together another $5 million or $7 million in the coming months, then they would have failed to meet expectations.

With that said… if the Paul campaign is successful and raises $12 million by the start of next year, the dynamics of the race will be hugely altered.

(A SIDE NOTE: the current graphic on the site seems to be a static image. It would be good if they can return to something more interactive like they had going last week. Giving real time updates and the names of donors made watching the money roll in more fun and interesting.)

17 Responses to “Paul Campaign Sets Bar High; Targets Fundraising of $12 Million for the Fourth Quarter”

  1. Jay Matthews Says:

    Austin, the October goal is $4 million.

  2. Robert Milnes Says:

    No more support for Ron Paul/GOP. Real libertarians support the real libertarian candidates.

  3. Jackcjackson Says:

    I think the goal HAS to be that high. Last week was a $1.2 million WEEK ( which would be about $15 mil/Q if every week of the quarter could go that way). I think if that was the high point of the campaign, the future doesn’t look good. When you are polling 1-4% and have low name recognition ( with high unfavorables) if you keep raising money at the same or worse rate, I don’t see how you can hope for much better. Another $3-4 mil quarter isn’t going to do anything for the Iowa/NH push let along sustain the campaign beyond that. Well, if you want to be Keyes in 2000 I guess you don’t need money. But if you want to be realistically competitive.

    If all the hardcore is maxed out and you dont bring in new blood to contribute, well that’s not good news either. It all means the campaign has all the support it will ever get= single digit primaries across the board.

    I hope Paul is also raising money for his House seat…

  4. Trent Hill Says:

    12 million is pretty high. Alot of Paul’s donors have tapped themselves completely dry (like me), and unless he attracts ALOT of new support between now and then—this wont/cant happen.

  5. Austin Cassidy Says:

    It originally said $3 million…

    http://www.ronpaul2008.com/features/raising/feature-map.gif

    They changed it to say $4 million…

    http://www.ronpaul2008.com/features/raising/feature-map2.gif

  6. Austin Cassidy Says:

    I’m also a little concerned about that. Ron Paul certainly has a passionate fan base and he did probably raise $4 million or more last quarter… including that big last minute push.

    But that may have tapped out a lot of donors.

    The flipside of this is that they could take a significant number of matching dollars to plug the hole if they’re falling short of $12 million. I’m not sure how all of that works… but he’s already raised $7+ million so far. Not sure how much is matchable, but it’s got to be at least a few million already. I would think, anyway.

  7. Volunteer Voters » The Revolution Gets Carried Away? Says:

    [...] Ron Paul’s fundraising has been impressive for a longshot candidacy but some think he may be setting goals a tad high: The danger of setting these goals so high is that Paul’s donors may start to become tapped out. If they can only pull together another $5 million or $7 million in the coming months, then they would have failed to meet expectations. [...]

  8. Sean Scallon Says:

    I think 12 million is designed so they won’t be in a position to have to accept matching funds because this is a very divisive topic in RP circles. I would prefer he not have to accept matching funds although it should be pointed out the money set aside is voluntarily donated with a check-off box. It is not forcebly taken by the government. The problem is I doubt if Paul’s enemies will see it that way and it would be damaging to the camapign.

    If you go on Ron Paul Forums everyday there’s always someone looking to raise money for this project or that. If the national campaign wants that kind of money then they’d better spent it. Right now they can afford to sit on their pile because of the efforts of grassroots volunteers. For example, $5,000 to run TV ads in New Hampshire was raised out of people’s own pockets by a group of Paul supporters. It would be an absolute tragedy if this turns into another libertarian camapaign that raises lots of money (more so than you would see for any non-major patry camapaign) and then just stares at it.

    Having a balanced budget at the end of a campaign is nice and also totally irrelevent if you lose.

  9. Ken T Says:

    Well, in addition to Paul’s successful fundraising numbers, he also receives about $10 million/month in grassroots activism. The media doesn’t have an avenue to count this support nor can they figure out that Paul’s polling numbers are actually 3-4 times higher than they are reported. Since republicans are about 20-25% of our support, the conservative dems/Independents and libertarian- constitutionalists make up the bulk of our support and thus it isn’t counted in the likely GOP primary polls. We’ll also be turning out lots of 1st-time and non-voters. We are a force to be reckoned with from now on. Everyday, I find it easier to bring fence-sitting neocons into our ranks. They may like the war, but they realize that they’re gonna lose with that issue, plus they are luvin our tax and gun rights stances. Rank and file GOP members don’t want to lose to Hillary next election even though Bush and co. would rather pass the torch to her than Dr. Paul. The Real conservatives can now take sides.
    Oh, and to Mr. Milnes, your and (my) pathetic LP has grown immensely at the behest of RP’s candidacy as well as more people recognizing/understanding the libertarian term. The LP will never be a force to be reckoned with. Only DR. Paul has a chance at winning our freedom back. He’s raised more money than any other LP/CP campaign in history. So, what are you waiting for Milnes? I’ll tell ya that if DR. Paul doesn’t win the GOP nomination, I’ll be turning in my LP membership and heading to NH via the Free State Project. This is our last chance for liberty and those that don’t understand this or don’t care need to step back or go back to momma.

  10. Randy Says:

    If your tapped out, please support the Granny Warriors.

    http://grannywarrior.chipin.com/nascar-fly-over

  11. Robert Milnes Says:

    Ken T., your math is very interesting. You say about 25% of support is from republicans. Hence polls counting only republicans are only getting about 1/4 =3% which is about 12%. 13% is considered the maximum libertarian vote. The Libertarian Vote/Cato Institute. Have fun in NH. I find double layering including hoodies works best.

  12. Sean Scallon Says:

    They just annouced the official fundraising numbers: $5,080,000. That’s more than McCain and would have been more than Romney if Willard hadn’t wrote another personal check to himself.

  13. Austin Cassidy Says:

    Wow… $5 million is pretty good.

    I thought Romney raised $10 million and then dropped another $6 million of his own cash into the race? Was that incorrect?

  14. Kyle B Says:

    “They just annouced the official fundraising numbers: $5,080,000. That’s more than McCain and would have been more than Romney if Willard hadn’t wrote another personal check to himself.”

    I had read that the McCain campaign was saying they have raised more then 5 million. Have they released their offical numbers yet then since you said the Paul has outraised him this quarter?

  15. Trent Hill Says:

    Paul hasnt outraised McCain, mostly because we dont know McCain’s official numbers. But he is within 1m of McCain,which is important.

  16. Ferenc Says:

    Ken
    You 100% right. Mr.Ron Paul is this country last hope. I don’t think those unamerican politicians who wants to sell out our nation going to wait till the next presidental election. Money??? I said before,if WE THE PEOPLE stand behind him,that is worth more than any amounth of money.

    To Robert M.
    I don’t know which one is worth more, to be a proud American, or to be blind doing nothing, going nowhere third party member. This election not only about pro-life or pro-choice. For the future of this once a great nation
    what we have to vote for. If any third party member, independent voters, or the Christian Coalition don’t realize, that is a pure stupedity.
    God Bless You All

  17. Sean Scallon Says:

    Romney raised $10 mil of which $6 mil came from his favorite donor, HIMSELF!

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