November 5th, 2007 12:21 EST
Ron Paul Set to Break Single Day Donation Record of 3.1Million
Expectations are being exceeded by the grassroots effort culminating in today’s “money bomb” of donations to the Ron Paul campaign. Shortly after 2 PM Eastern Time, the campaign reached the $2 million mark with nearly half the day remaining.
Some visitors to this website earlier today predicted that the $3 million mark might be topped today. That possibility is becoming more and more likely. Of course, in order for it to be reached, the pace of donations will have to continue at the same rate throughout the day.
After some solid donation strength in the wee hours of the morning, the pace really picked up at 8 PM Eastern Time as this graph shows. Since that time, the donations have proceeded at an extremely steady pace. Between 8 AM and 2 PM the graph shows an almost straight line going up at a roughly 60° angle. If that pace holds for another six hours, Paul’s army of contributors could easily sweep through the $3 million barrier and be knocking on the door of $4 million.
It is becoming increasingly likely that the major media will be taking notice. Already the Washington Times and the National Ledger have posted articles showing they are watching the pace of contributions. The former is simply reporting it as straight news (albeit minor news from their point of view), preferring to withhold comment until the primaries. On the other hand, the National Ledger is attempting to debunk the whole thing, saying that it doesn’t matter how much money Paul raises because his message won’t play with the voters.
By Walt Thiessen
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