Fundraising projections more hype than truth
After three months of unmitigated and unabashed hype surrounding the bottom-tier campaign of Presidential wannabe Ron Paul, reality is about to set in.
Carefully controlled campaign leaks had claimed the campaign was raking in massive donations after the initial round of Republican candidate debates. Estimates by the Paul propagandists claimed second quarter fundraising would reach $5 million which, while still small when compared to the massive money machines of the first-tier contenders -- would have elevated Paul into the second tier.
But the propaganda posse has tempered its rhetoric and new estimates say the campaign will report second quarter fundraising of, maybe, $1.5 million, a figure that will keep the John Bircher from Texas firmly mired at the bottom of a long list of Presidential improbables.
Free Market News Network, a fervent Paul supporter that had trumpeted the claims of $5 million, is trying its level-best to put a positive spin on the lowered expectations while trying to wipe the egg off its face for believing the earlier hype from the Paul campaign.
Reports FHMN:
</SPAN>Quote:Campaign observers had estimated that, at the low end, donations were “definitely” in the area of $3 million – and could run as high as $5 million - while cautioning, however, “that such amounts are somewhat speculative.” Recent information from campaign observers indicate that campaign donation receivables could total up to $3 million or more as soon as next quarter, given pledges, current donation trends and the continuing enthusiasm for Ron Paul’s free-market message.
These sources believe that current fund-raising totals at least $1.5 million - riding a groundswell of support generated by his small government, anti-foreign-war message. Cash-on-hand could reach $750,000 or more.
Blogger Doug Mataconis puts it in perspective:
Quote:FMNN tries to spin this latest rumor in the best way possible for Paul, but the reality is that, if the $1.5 million number is closer to reality than the $ 5 million reported last month, it wouldn’t even put Paul in the second tier of candidates when it comes to fundraising. And, well, quite honestly, you cannot run a modern Presidential campaign on $ 1.5 million.
True enough but $1.5 million will allow the campaign to continue to con more of the gullible masses into falling for the sham that is the doomed campaign of Ron Paul.



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