Ron Paul raises more than $1 million with ‘money bomb’ attacking Romney

GOP presidential candidate Ron Paul took in more than $1 million Sunday using an online “money bomb” that hit at the Republican field’s front-runner, former Massachusetts Gov. Mitt Romney. 

As of 11:22 a.m. on Tuesday, donors contributed more than $1.1 million to Paul’s presidential campaign, according to his website. The haul matches what Paul brought in early last month with a “money bomb” on the day of the first GOP presidential primary debate.

{mosads}Paul’s latest “money bomb” is notable because it attacks Romney, both for the healthcare law he enacted as governor of Massachusetts and his status as the leading fundraiser in the GOP field. The title of the “money bomb” is “The Revolution vs. RomneyCare: Round One.”

“Other campaigns are already hitting high gear — or should we say they are hitting up the fat cats,” Paul’s campaign wrote to supporters last week. “In fact, establishment candidate Mitt Romney raised 10 million dollars in one day a couple of weeks ago from well-heeled party bigwigs and Wall Street insiders, many of whom ponied up the legal maximum of $2,500 per person (or $5,000 per couple).”

The libertarian Texas congressman is riding a new wave of confidence to begin his 2012 presidential campaign. He has repeatedly said that the Republican Party and the country as a whole is much more receptive to his small-government, anti-war message than in 2008, when he last ran for president. 

A strong second-quarter fundraising report could also bolster Paul’s standing in the GOP field.

Last presidential cycle, Paul became known in part for his ability to raise money online via the highly successful “money bomb” strategy, which entails a short burst of fundraising that typically spans a day or a few hours and is reliant on viral advertising.

Paul also launched a “money bomb” in February 2011 for his political action committee, which raised around $700,000.

— This post was updated at 2:53 p.m.


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