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Posted: November 7, 2007 12:44 PM
Paul Nets Record-Setting $4.3M in One Day
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Rep. Ron Paul’s fundraising prowess surprised campaign watchers again Monday, when he benefited from a grassroots Internet fund-raising push that netted him a staggering $4.3 million in one day, the biggest one-day haul of any Republican in the campaign.

Supporters chose the one-day donation drive to fall on Nov. 5, also known as Guy Fawkes day, a British holiday that marks a failed 1605 assassination attempt on King James I by the anti-protestant Fawkes. Approximately 37,000 donors contributed to Paul’s campaign as part of the fund-raising event, the Associated Press reported.

Paul activists used the anti-establishment Fawkes, who is the basis for the character “V” in the recent movie “V for Vendetta,” as a rallying point of support for the Paul campaign.

Although Paul is not considered a front-runner candidate for the Republican primary, he is $7 million toward his 4th quarter fundraising goal of $12 million. Last quarter, Paul raised $5 million, five times the amount raised by former Arkansas Gov. Mike Huckabee.

Other Republican rivals, including former Massachusetts Gov. Mitt Romney and former New York Mayor Rudy Giuliani have raised tens of millions of dollars over the course of the primary campaign and also enjoy higher polling numbers. Paul, however, will now be able to afford to spend a lot more on media in New Hampshire, Iowa and other key primary states, including television advertising.