Michigan Redneck II

Where Politics and Rockabilly Become Strangely Fused

Ron Paul’s Money Machine Churns for Others

The 2008 presidential campaign may be over, but the “revolution” spawned by Rep. Ron Paul’s candidacy continues to echo through the political world.

Paul (R-Tex.), capitalizing on a healthy distrust of government and his strident opposition to the war in Iraq, became an Internet phenomenon—using the Web to raise an astounding $35 million for his long-shot candidacy.

The financial network Paul built during his campaign has, amazingly, continued to reap dividends for two men seeking to be the congressman’s political heirs in the 2010 elections.

Rand Paul, who is running for the Senate in Kentucky and is the son of the congressman, has already raised $827,000, even though nearly the entire Republican Party establishment in the Bluegrass State has lined up behind Secretary of State Trey Grayson.

Peter Schiff, an economic adviser to Paul’s presidential campaign and a likely senatorial candidate in Connecticut, has raised more than $1 million, although he has yet to officially declare.

Both men have used the “money bomb” approach (encourage all donors to give on a certain day to post large 24-hour totals) to fundraising strategies that Paul pioneered.

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September 18, 2009 - Posted by michiganredneck | Peter Schiff for US Senate, Rand Paul for US Senate | , , , | No Comments Yet

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