Ron Paul raked in more than $4.2 million in campaign contributions yesterday - the biggest one day total ever for a Republican presidential candidate.  Paul has now raised over $7.2 this quarter alone and is well on his way to meeting his goal - a goal I personally didn’t think was possible - of $12 million in the 4th quarter.

I suspect the fundraising success will do wonders for Paul.  Detractors are quick to point out that Paul lags badly in national polls, but those polls are more reflective of name recognition than actual support.  The huge cash infusion will accomplish a couple of things.  First it shows that Paul is a legitimate candidate with broad support.  More importantly it provides a means of building name recognition and getting his infectious message of freedom and limited, constitutional government in front of voters.  Just the massive one day total is giving Paul lots of free press.

Presidential primaries are notoriously quick to change.  Just ask Howard Dean.  As the elections draw close and casual voters open their eyes to the slate of candidates the ground can shift beneath candidates nearly overnight.  Perseverance - and cash - will position Paul to rapidly gain ground in the coming months.

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