Ron Paul (R-TX), a candidate for the Republican presidential nomination, kicked off his “Tea Party” money bomb Friday. Mr. Paul has set a fundraising goal of $4 million in one day. Mr. Paul’s “Tea Party” money bomb is the latest in a series of money bombs that have been conducted by the Paul campaign and the Texas congressman’s ardent supporters. The “Black This Out” and “Veterans Day” money bombs were wildly successful at pulling in the necessary funds to keep the Paul campaign going in the early voting states of Iowa and New Hampshire
On December 16, 2007, Mr. Paul set a fundraising record by raising more than $6.4 million in online contributions in 24 hours. Mr. Paul’s 2007 money bomb was purposely launched on the anniversary of the 1773 Boston Tea Party.
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Leading up to the “Tea Party” money bomb, the latest Iowa polls have been mostly good news for the Texas congressman. A Public Policy Polling poll of likely Iowa GOP caucusgoers released Tuesday found Mr. Paul tied with former House Speaker Newt Gingrich for 1st place. However, a Rasmussen Reports poll of likely Iowa Republican caucusgoers released Thursday found Mr. Paul several percentage points behind former Massachusetts Governor Mitt Romney and Mr. Gingrich.