Talk about slamming the final nail into the Paul campaign coffin, it was announced that Stephen Colberts Super PAC has raised more money than Ron Paul’s.
Yahoo! News reported that Colbert’s Super PAC, Americans for A Better Tomorrow, Tomorrow has $794,000 cash-on-hand sitting untouched in its coffers, according to March documents filed with the Federal Election Commission.
By contrast, as Politico first reported, Take Endorse Liberty, a PAC dedicated to supporting Ron Paul’s candidacy has just $54,000 in the bank.
Ron Paul’s campaign has always had fundraising success, through various methods including “Moneybombs,” a grassroots fundraising effort that takes place over a very brief period.
To add insult to injury, Colbert’s parody PAC, which has the oh-so-funny slogan, “making a better tomorrow, tomorrow,” has been totally dismissed by almost all in the political sphere as silly and distracting. I can bet Paul fundraisers don’t feel too good about this report.
Any number of things may have contributed to Paul’s staggering fundraising. I suspect that Mitt Romney’s surge in delegates-a whopping 847 compared to Paul’s 80- has a lot to do with any reluctancy Paul supporters have to reach deeper into their pockets.
At this point, Republicans have to decide between ideology and practicality-and though the former has taken precedence in the past- the times they are a’ changing.
Though Paul has vowed to stay in the race and see it to the very end, it is mathematically impossible, even if he were to win every primary from here on out, for him to win the nomination.
To fall behind in fundraising to a man like Colbert, who has said things like this:
“Yeah! How you like me now, F.E.C? I’m rolling seven digits deep. I got 99 problems but a non-connected independent-expenditure only committee ain’t one.”
May mean it is time to throw in the towel. But if we’ve learned anything about Ron Paul during the last two presidential elections, it’s that it will take a lot more than this to stop him.