Friday, 21 August 2009
Money Bomb! Will It Matter?
Rand Paul's campaign for the U.S. Senate got a boost yesterday when they raised $433,509 in one day. A new record for in Kentucky for fund raising in a single day. While the one day total was very impressive, it still leaves him behind Grayson's haul before he even officially became a candidate for office.
I don't want to be a sour puss to the Paul fanatics, but the question is can he build financial momentum from this one day event. Will he be able to go back to the well and get these people to donate again and again. Because the reality of the primary is that he will need to raise three to four times the level of his money bomb if he hopes to be competitive in the primary. I'll be watching to see if the Paul team can make it happen.
I imagine we will know a lot more about this race when the next quarterly financial reports are released. If Paul is hanging with Grayson in the money race, we will have a competitive primary. If not, I believe Grayson will win pulling away.
I don't want to be a sour puss to the Paul fanatics, but the question is can he build financial momentum from this one day event. Will he be able to go back to the well and get these people to donate again and again. Because the reality of the primary is that he will need to raise three to four times the level of his money bomb if he hopes to be competitive in the primary. I'll be watching to see if the Paul team can make it happen.
I imagine we will know a lot more about this race when the next quarterly financial reports are released. If Paul is hanging with Grayson in the money race, we will have a competitive primary. If not, I believe Grayson will win pulling away.
Posted by at 9:42 PM in Kentucky Politics
